NEWZ vs. KNCT ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to Invesco Next Gen Connectivity ETF (KNCT)
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
$29.52
Average Daily Volume
6,139
30
KNCT
Invesco Next Gen Connectivity ETF
KNCT Description
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.Grade (RS Rating)
Last Trade
$104.37
Average Daily Volume
323
60
Performance
Period | NEWZ | KNCT |
---|---|---|
30 Days | 3.35% | 0.19% |
60 Days | 6.06% | 3.27% |
90 Days | 6.72% | 4.06% |
12 Months | 25.60% |
NEWZ Overweight 22 Positions Relative to KNCT
NEWZ Underweight 52 Positions Relative to KNCT
Symbol | Grade | Weight | |
---|---|---|---|
AVGO | D | -7.92% | |
AAPL | C | -7.83% | |
CSCO | B | -4.16% | |
QCOM | F | -3.89% | |
VZ | C | -3.68% | |
T | A | -3.37% | |
PANW | B | -2.74% | |
TMUS | B | -2.5% | |
CMCSA | B | -2.24% | |
INTC | C | -2.19% | |
MU | D | -1.96% | |
AMT | C | -1.94% | |
EQIX | A | -1.82% | |
CRWD | B | -1.7% | |
MRVL | B | -1.68% | |
SNPS | B | -1.6% | |
CDNS | B | -1.56% | |
DLR | B | -1.17% | |
DDOG | A | -0.87% | |
CHTR | C | -0.79% | |
CCI | C | -0.65% | |
NET | B | -0.6% | |
MCHP | F | -0.54% | |
SBAC | D | -0.5% | |
MDB | B | -0.46% | |
ZS | B | -0.43% | |
KEYS | A | -0.39% | |
NTNX | B | -0.37% | |
ARM | F | -0.36% | |
UMC | F | -0.35% | |
DOCU | B | -0.35% | |
DT | D | -0.34% | |
COHR | B | -0.33% | |
FFIV | B | -0.3% | |
AKAM | D | -0.29% | |
JNPR | D | -0.27% | |
CYBR | A | -0.27% | |
OKTA | C | -0.26% | |
LBRDK | C | -0.23% | |
CIEN | C | -0.22% | |
CACI | D | -0.22% | |
WIT | B | -0.21% | |
FYBR | C | -0.19% | |
CHT | C | -0.17% | |
LSCC | D | -0.15% | |
CFLT | B | -0.14% | |
RMBS | B | -0.12% | |
QLYS | B | -0.12% | |
KD | B | -0.12% | |
TENB | C | -0.11% | |
DY | D | -0.1% | |
G | B | -0.08% |
NEWZ: Top Represented Industries & Keywords
KNCT: Top Represented Industries & Keywords