RNDV vs. ABEQ ETF Comparison
Comparison of First Trust US Equity Dividend Select ETF (RNDV) to Absolute Core Strategy ETF (ABEQ)
RNDV
First Trust US Equity Dividend Select ETF
RNDV Description
The US Equity Dividend Select ETF (the "Fund") 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 Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").
Grade (RS Rating)
Last Trade
$33.66
Average Daily Volume
2,693
96
ABEQ
Absolute Core Strategy ETF
ABEQ Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.67
Average Daily Volume
4,839
15
Performance
| Period | RNDV | ABEQ |
|---|---|---|
| 30 Days | 2.93% | 3.08% |
| 60 Days | 2.61% | 4.16% |
| 90 Days | 5.00% | 8.69% |
| 12 Months | 19.89% | 16.78% |
RNDV Overweight 90 Positions Relative to ABEQ
| Symbol | Grade | Weight | |
|---|---|---|---|
| IBM | A | 4.36% | |
| GLW | C | 3.48% | |
| HPQ | D | 3.46% | |
| TXN | D | 3.46% | |
| HPE | F | 2.53% | |
| IPG | C | 2.52% | |
| ACN | C | 2.28% | |
| MCHP | D | 2.18% | |
| BMY | C | 2.1% | |
| HAS | B | 2.02% | |
| TEL | D | 2.01% | |
| ADI | D | 1.98% | |
| QCOM | D | 1.93% | |
| BBY | B | 1.82% | |
| OMC | B | 1.81% | |
| CVS | D | 1.45% | |
| BEN | D | 1.36% | |
| ABBV | B | 1.35% | |
| JNJ | B | 1.2% | |
| PRU | C | 1.18% | |
| MCD | B | 1.12% | |
| TROW | D | 1.12% | |
| GPC | D | 1.07% | |
| NTRS | B | 1.05% | |
| OKE | A | 1.05% | |
| HD | B | 1.03% | |
| MTB | B | 1.0% | |
| PM | B | 1.0% | |
| UPS | D | 0.98% | |
| PFG | C | 0.98% | |
| KVUE | B | 0.96% | |
| SWK | B | 0.93% | |
| CAG | B | 0.93% | |
| K | A | 0.93% | |
| CINF | B | 0.9% | |
| MET | B | 0.89% | |
| KLAC | D | 0.83% | |
| LOW | B | 0.83% | |
| MSFT | C | 0.81% | |
| APH | D | 0.8% | |
| NKE | D | 0.8% | |
| CAH | B | 0.8% | |
| BLK | A | 0.79% | |
| DGX | B | 0.77% | |
| ABT | B | 0.76% | |
| PAYX | B | 0.74% | |
| AFL | B | 0.74% | |
| CME | B | 0.74% | |
| GIS | B | 0.74% | |
| CVX | D | 0.72% | |
| GRMN | D | 0.71% | |
| AMCR | B | 0.66% | |
| HRL | C | 0.65% | |
| TSN | C | 0.63% | |
| KMB | C | 0.63% | |
| CHRW | C | 0.63% | |
| XOM | D | 0.62% | |
| LMT | B | 0.61% | |
| POOL | C | 0.61% | |
| NSC | C | 0.6% | |
| EG | B | 0.6% | |
| CI | B | 0.59% | |
| SNA | B | 0.59% | |
| UNH | C | 0.58% | |
| O | B | 0.56% | |
| CTRA | F | 0.54% | |
| ADP | A | 0.54% | |
| LEN | B | 0.53% | |
| BDX | D | 0.53% | |
| FAST | C | 0.52% | |
| CMI | C | 0.52% | |
| FMC | C | 0.51% | |
| ITW | B | 0.5% | |
| UNP | B | 0.5% | |
| ES | B | 0.44% | |
| EVRG | A | 0.42% | |
| LHX | C | 0.41% | |
| EMN | A | 0.4% | |
| FRT | B | 0.4% | |
| MAA | A | 0.4% | |
| PNW | A | 0.4% | |
| EIX | B | 0.39% | |
| ETR | A | 0.37% | |
| AEP | A | 0.36% | |
| EMR | D | 0.34% | |
| CF | C | 0.34% | |
| APD | B | 0.34% | |
| ESS | A | 0.33% | |
| AVB | B | 0.31% | |
| DLR | A | 0.28% |
RNDV: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords
Compare ETFs
