NEWZ vs. FIW ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to First Trust ISE Water Index Fund (FIW)
NEWZ
StockSnips AI-Powered Sentiment US All Cap ETF
NEWZ Description
NEWZ navigates market complexities through a proprietary news media sentiment signal which combines AI and NLP technologies. This signal is generated from textual sources, such as news articles, blogs, and SEC filings, processed using advanced machine learning algorithms. These algorithms sift through vast amounts of data to assess investor sentiment and identify stocks with the most positive news coverage. The process begins by screening US-listed equity securities based on capitalization, volatility, ROE, news coverage volume, and inclusion in Zacks sector and industry classifications. Selections are made based on the sentiment signal, which also integrates a sentiment momentum signal indicating shifts in investor sentiment over time. After the screening, the portfolio typically comprises the top 30 to 50 stocks, all equally weighted. Throughout this process, the fund prioritizes reliability, gathering information from reputable news outlets such as Zacks, Motley Fool, and CNBC. The fund is rebalanced and reconstituted monthly.
Grade (RS Rating)
Last Trade
$28.04
Average Daily Volume
2,276
10
FIW
First Trust ISE Water Index Fund
FIW Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$108.37
Average Daily Volume
38,182
33
Performance
| Period | NEWZ | FIW |
|---|---|---|
| 30 Days | 1.29% | 0.85% |
| 60 Days | 7.02% | 3.31% |
| 90 Days | 7.79% | 9.93% |
| 12 Months | 33.54% |
1 Overlapping Holdings
| Symbol | Grade | Weight in NEWZ | Weight in FIW | Overlap | |
|---|---|---|---|---|---|
| BMI | A | 4.13% | 3.16% | 3.16% |
NEWZ Underweight 32 Positions Relative to FIW
| Symbol | Grade | Weight | |
|---|---|---|---|
| IDXX | D | -4.19% | |
| IEX | D | -4.1% | |
| AWK | C | -4.03% | |
| ECL | A | -4.0% | |
| ROP | C | -3.96% | |
| A | B | -3.95% | |
| WAT | B | -3.95% | |
| VLTO | C | -3.94% | |
| XYL | B | -3.85% | |
| PNR | A | -3.79% | |
| ACM | B | -3.56% | |
| TTEK | B | -3.45% | |
| WMS | D | -3.4% | |
| WTRG | D | -3.39% | |
| AOS | B | -3.06% | |
| MLI | B | -2.93% | |
| CNM | F | -2.75% | |
| PRMW | C | -2.29% | |
| ZWS | A | -2.13% | |
| WTS | B | -2.09% | |
| ITRI | C | -2.08% | |
| AWR | B | -2.02% | |
| VMI | B | -2.0% | |
| FELE | B | -1.97% | |
| MWA | B | -1.96% | |
| CWT | D | -1.91% | |
| MSEX | C | -1.27% | |
| SBS | D | -1.26% | |
| LNN | B | -1.24% | |
| SJW | D | -1.22% | |
| HWKN | A | -1.17% | |
| MEG | F | -1.06% |
NEWZ: Top Represented Industries & Keywords
FIW: Top Represented Industries & Keywords
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