NEWZ vs. IAI ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to iShares U.S. Broker-Dealers ETF (IAI)
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
$29.46
Average Daily Volume
6,121
30
IAI
iShares U.S. Broker-Dealers ETF
IAI Description
The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$151.13
Average Daily Volume
101,159
32
Performance
| Period | NEWZ | IAI |
|---|---|---|
| 30 Days | 1.08% | 9.08% |
| 60 Days | 4.35% | 17.22% |
| 90 Days | 6.26% | 20.02% |
| 12 Months | 57.25% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NEWZ | Weight in IAI | Overlap |
|---|
NEWZ Overweight 30 Positions Relative to IAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | A | 4.23% | |
| MSI | A | 3.81% | |
| FTNT | B | 3.73% | |
| SHOP | B | 3.7% | |
| KKR | B | 3.59% | |
| ANET | D | 3.5% | |
| NTAP | C | 3.48% | |
| BR | B | 3.44% | |
| APH | B | 3.44% | |
| TXRH | B | 3.39% | |
| GRMN | B | 3.37% | |
| ISRG | A | 3.36% | |
| CORT | B | 3.35% | |
| PAYX | B | 3.35% | |
| BOOT | D | 3.33% | |
| COR | B | 3.33% | |
| PCTY | B | 3.29% | |
| ACN | B | 3.29% | |
| CHKP | C | 3.28% | |
| ERIE | D | 3.26% | |
| CLH | C | 3.26% | |
| UTHR | C | 3.19% | |
| TSM | C | 3.15% | |
| DGX | A | 3.14% | |
| RMD | C | 3.14% | |
| ORCL | A | 3.02% | |
| JKHY | D | 3.01% | |
| BRO | B | 2.88% | |
| BMI | B | 2.69% | |
| BAH | F | 2.48% |
NEWZ Underweight 32 Positions Relative to IAI
| Symbol | Grade | Weight | |
|---|---|---|---|
| GS | B | -14.35% | |
| MS | B | -12.73% | |
| SPGI | D | -12.62% | |
| COIN | B | -6.64% | |
| SCHW | A | -4.88% | |
| MSCI | C | -4.03% | |
| NDAQ | A | -3.87% | |
| CME | A | -3.82% | |
| MCO | B | -3.78% | |
| ICE | D | -3.67% | |
| RJF | A | -3.56% | |
| LPLA | A | -2.81% | |
| HOOD | B | -2.74% | |
| CBOE | C | -2.48% | |
| IBKR | A | -2.32% | |
| FDS | B | -2.25% | |
| TW | A | -1.8% | |
| JEF | A | -1.44% | |
| SF | B | -1.43% | |
| EVR | B | -1.29% | |
| MKTX | D | -1.2% | |
| HLI | A | -1.18% | |
| MORN | B | -1.11% | |
| LAZ | B | -0.76% | |
| PIPR | B | -0.64% | |
| PJT | B | -0.47% | |
| MC | B | -0.47% | |
| BGC | C | -0.43% | |
| VIRT | A | -0.37% | |
| SNEX | A | -0.33% | |
| DFIN | D | -0.2% | |
| LPRO | C | -0.08% |
NEWZ: Top Represented Industries & Keywords
IAI: Top Represented Industries & Keywords
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