NEWZ vs. QCLN ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)
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
$26.02
Average Daily Volume
5,485
9
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN 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 NASDAQ(R) Clean Edge(R) Green Energy Index(SM). 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 index in which larger companies receive a larger Index weighting and includes caps to prevent high concentrations among larger alternative energy stocks. The fund is non-diversified.Grade (RS Rating)
Last Trade
$35.68
Average Daily Volume
172,608
49
Performance
| Period | NEWZ | QCLN |
|---|---|---|
| 30 Days | 1.02% | -5.18% |
| 60 Days | 6.21% | 3.75% |
| 90 Days | 6.57% | |
| 12 Months | -31.76% |
0 Overlapping Holdings
| Symbol | Grade | Weight in NEWZ | Weight in QCLN | Overlap |
|---|
NEWZ Underweight 49 Positions Relative to QCLN
| Symbol | Grade | Weight | |
|---|---|---|---|
| FSLR | C | -13.28% | |
| TSLA | B | -7.25% | |
| ON | D | -6.91% | |
| ENPH | F | -6.9% | |
| ALB | F | -5.26% | |
| OLED | A | -4.79% | |
| AYI | C | -3.69% | |
| RIVN | C | -3.68% | |
| LCID | D | -2.85% | |
| ALGM | C | -2.63% | |
| ITRI | C | -2.19% | |
| ENS | C | -2.1% | |
| ORA | C | -2.09% | |
| POWI | D | -1.99% | |
| AEIS | C | -1.98% | |
| HASI | D | -1.67% | |
| BE | F | -1.54% | |
| WOLF | F | -1.46% | |
| RUN | F | -1.34% | |
| NEP | F | -1.28% | |
| AY | B | -1.25% | |
| FLNC | F | -1.24% | |
| MP | D | -1.19% | |
| CWEN | D | -1.05% | |
| SEDG | F | -0.96% | |
| ASPN | D | -0.94% | |
| SQM | D | -0.91% | |
| ARRY | F | -0.91% | |
| PLUG | F | -0.85% | |
| RNW | D | -0.78% | |
| AMRC | D | -0.56% | |
| SHLS | F | -0.55% | |
| VICR | F | -0.55% | |
| AMSC | B | -0.43% | |
| MNTK | D | -0.36% | |
| NOVA | D | -0.34% | |
| AMPS | F | -0.33% | |
| CHPT | D | -0.31% | |
| CLNE | D | -0.29% | |
| SPWR | F | -0.23% | |
| LYTS | D | -0.21% | |
| LNZA | F | -0.17% | |
| FCEL | F | -0.16% | |
| BLNK | F | -0.13% | |
| WBX | F | -0.12% | |
| LEV | F | -0.11% | |
| STEM | F | -0.09% | |
| PSNY | F | -0.05% | |
| MAXN | F | -0.03% |
NEWZ: Top Represented Industries & Keywords
QCLN: Top Represented Industries & Keywords
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