NEWZ vs. IDAT ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to Cloud Data Tech and Consumer ETF (IDAT)
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
$27.60
Average Daily Volume
2,498
30
IDAT
Cloud Data Tech and Consumer ETF
IDAT Description
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.42
Average Daily Volume
695
34
Performance
| Period | NEWZ | IDAT |
|---|---|---|
| 30 Days | -1.56% | 1.22% |
| 60 Days | -0.29% | 1.80% |
| 90 Days | 5.36% | 9.88% |
| 12 Months | 39.35% |
NEWZ Overweight 28 Positions Relative to IDAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | C | 4.31% | |
| NOW | A | 4.02% | |
| MANH | D | 3.98% | |
| MSI | B | 3.8% | |
| VOYA | B | 3.74% | |
| TAC | A | 3.72% | |
| NTAP | D | 3.63% | |
| APH | B | 3.51% | |
| EBAY | D | 3.5% | |
| PAYX | B | 3.48% | |
| BR | C | 3.41% | |
| FTNT | B | 3.39% | |
| PEGA | A | 3.37% | |
| ZTS | D | 3.29% | |
| UTHR | A | 3.27% | |
| AIZ | D | 3.19% | |
| DGX | B | 3.16% | |
| ANF | F | 3.13% | |
| TMUS | B | 3.01% | |
| UL | D | 2.92% | |
| ORCL | B | 2.91% | |
| CL | F | 2.91% | |
| SHOP | B | 2.87% | |
| DVA | D | 2.86% | |
| BRO | B | 2.86% | |
| PGR | D | 2.75% | |
| KNSL | F | 2.75% | |
| BMI | D | 2.63% |
NEWZ Underweight 32 Positions Relative to IDAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | -6.3% | |
| AVGO | B | -4.02% | |
| PSTG | D | -3.5% | |
| MRVL | A | -3.41% | |
| MU | C | -3.01% | |
| WDC | C | -2.96% | |
| NTNX | B | -2.93% | |
| CIEN | B | -2.89% | |
| QCOM | D | -2.76% | |
| JNPR | A | -2.75% | |
| NXPI | C | -2.53% | |
| DD | D | -2.39% | |
| NET | B | -2.36% | |
| DDOG | B | -2.28% | |
| TWLO | A | -2.1% | |
| QRVO | F | -2.09% | |
| DT | B | -2.05% | |
| AMT | D | -2.05% | |
| MTSI | B | -2.01% | |
| SWKS | F | -1.99% | |
| SBAC | D | -1.87% | |
| CCI | D | -1.85% | |
| AKAM | D | -1.82% | |
| BDC | B | -1.46% | |
| LITE | A | -1.4% | |
| KD | D | -1.26% | |
| INTC | C | -1.14% | |
| ESTC | D | -1.1% | |
| CFLT | A | -1.01% | |
| TDC | B | -0.75% | |
| GDS | B | -0.69% | |
| DIOD | F | -0.68% |
NEWZ: Top Represented Industries & Keywords
IDAT: Top Represented Industries & Keywords
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