DWAS vs. IPO ETF Comparison
Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to Renaissance IPO ETF (IPO)
DWAS
PowerShares DWA SmallCap Technical Leaders Portfolio
DWAS Description
The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.
Grade (RS Rating)
Last Trade
$84.52
Average Daily Volume
38,318
179
IPO
Renaissance IPO ETF
IPO Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Renaissance IPO Index (the "index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index, the Renaissance IPO Index. The remaining 20% may be used to purchase securities not in the index that are an appropriate substitute for certain securities in the index in order to track the index. The index is comprised of common stocks, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITS") and master limited partnerships ("MLPs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$40.94
Average Daily Volume
23,500
28
Performance
| Period | DWAS | IPO |
|---|---|---|
| 30 Days | -3.88% | 2.94% |
| 60 Days | -3.53% | 4.73% |
| 90 Days | -4.24% | 1.99% |
| 12 Months | 12.85% | 26.42% |
DWAS Overweight 177 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| MOD | B | 1.79% | |
| STRL | D | 1.62% | |
| TDW | C | 1.6% | |
| ANF | C | 1.56% | |
| ADMA | B | 1.54% | |
| TRNS | C | 1.46% | |
| LMB | C | 1.42% | |
| COOP | D | 1.27% | |
| DFIN | D | 1.15% | |
| UFPT | A | 1.11% | |
| POWL | D | 1.05% | |
| KAI | B | 1.03% | |
| RRR | B | 0.97% | |
| RXST | D | 0.84% | |
| LFMD | F | 0.82% | |
| VERA | C | 0.81% | |
| IMNM | F | 0.79% | |
| AMSC | B | 0.78% | |
| RNA | C | 0.76% | |
| CBZ | D | 0.7% | |
| GRBK | C | 0.69% | |
| TPC | C | 0.67% | |
| CVNA | B | 0.67% | |
| HRI | F | 0.66% | |
| NRIX | C | 0.65% | |
| ASPN | D | 0.64% | |
| WIRE | A | 0.6% | |
| ATI | C | 0.59% | |
| HRTG | F | 0.58% | |
| SILK | B | 0.58% | |
| CSWI | A | 0.58% | |
| IESC | C | 0.57% | |
| SFM | B | 0.55% | |
| KRYS | B | 0.55% | |
| VECO | B | 0.55% | |
| PLAY | F | 0.54% | |
| ARQT | B | 0.54% | |
| ALG | F | 0.54% | |
| USAP | D | 0.54% | |
| SKYW | B | 0.53% | |
| GTX | D | 0.53% | |
| GKOS | A | 0.53% | |
| MRUS | C | 0.53% | |
| DYN | B | 0.52% | |
| BMI | C | 0.52% | |
| SGBX | F | 0.52% | |
| AROC | B | 0.51% | |
| RDNT | B | 0.51% | |
| VCTR | D | 0.51% | |
| CRAI | C | 0.5% | |
| SMHI | B | 0.5% | |
| AVAV | D | 0.49% | |
| HWKN | B | 0.49% | |
| ORN | D | 0.49% | |
| MATX | B | 0.49% | |
| USLM | C | 0.48% | |
| GMS | D | 0.47% | |
| JXN | C | 0.47% | |
| FRPT | A | 0.47% | |
| EVER | C | 0.47% | |
| KD | C | 0.47% | |
| BCC | F | 0.47% | |
| FSS | D | 0.47% | |
| VERX | B | 0.47% | |
| AMRX | C | 0.47% | |
| NBN | B | 0.46% | |
| SLVM | D | 0.46% | |
| GHM | D | 0.46% | |
| KTB | D | 0.45% | |
| VSEC | B | 0.45% | |
| GVA | B | 0.45% | |
| ARHS | C | 0.45% | |
| PIPR | A | 0.45% | |
| ARCB | D | 0.44% | |
| MYRG | F | 0.44% | |
| MLI | C | 0.44% | |
| CLSK | D | 0.44% | |
| APPF | B | 0.44% | |
| MOG.A | C | 0.43% | |
| ARLO | B | 0.43% | |
| NR | C | 0.43% | |
| CMPR | B | 0.43% | |
| BYRN | C | 0.43% | |
| OFG | B | 0.43% | |
| SERA | F | 0.42% | |
| ROAD | D | 0.42% | |
| BECN | D | 0.42% | |
| TREE | C | 0.42% | |
| BGC | C | 0.41% | |
| BKD | C | 0.41% | |
| GOLF | C | 0.41% | |
| LPX | D | 0.41% | |
| SKT | D | 0.41% | |
| TRAK | C | 0.41% | |
| CACC | B | 0.4% | |
| ESQ | D | 0.4% | |
| PCT | C | 0.4% | |
| ICFI | D | 0.4% | |
| ENVA | B | 0.4% | |
| CRVL | B | 0.4% | |
| UTI | B | 0.4% | |
| SPNT | D | 0.39% | |
| GFF | D | 0.39% | |
| BSIG | C | 0.39% | |
| EZPW | D | 0.39% | |
| GPOR | D | 0.39% | |
| ACVA | C | 0.39% | |
| ZEUS | F | 0.39% | |
| VVV | B | 0.38% | |
| SPRY | C | 0.38% | |
| AGM | B | 0.38% | |
| ALSN | D | 0.38% | |
| CRNX | D | 0.38% | |
| IDYA | F | 0.38% | |
| MHO | D | 0.38% | |
| MBIN | C | 0.38% | |
| LBRT | D | 0.38% | |
| NPO | D | 0.37% | |
| ANIP | D | 0.37% | |
| RYI | F | 0.37% | |
| VRNS | B | 0.37% | |
| CDRE | B | 0.37% | |
| FELE | D | 0.37% | |
| KURA | D | 0.37% | |
| RUSHA | F | 0.36% | |
| LQDA | C | 0.36% | |
| ASO | F | 0.36% | |
| BZH | F | 0.36% | |
| CELC | B | 0.36% | |
| ESAB | D | 0.36% | |
| ANDE | D | 0.36% | |
| CUBI | B | 0.36% | |
| FOR | F | 0.35% | |
| IRON | C | 0.35% | |
| AGO | D | 0.35% | |
| SXC | D | 0.35% | |
| PLAB | D | 0.35% | |
| SXI | D | 0.35% | |
| SKY | F | 0.35% | |
| PACK | D | 0.34% | |
| COLL | C | 0.34% | |
| SUM | D | 0.34% | |
| DXPE | D | 0.34% | |
| MDXG | F | 0.33% | |
| IBP | D | 0.33% | |
| HCI | F | 0.33% | |
| INBK | C | 0.33% | |
| ANNX | D | 0.32% | |
| ACMR | C | 0.32% | |
| GES | D | 0.32% | |
| PAY | C | 0.32% | |
| OCUL | C | 0.32% | |
| MTRN | F | 0.32% | |
| BWMN | C | 0.31% | |
| DFH | F | 0.3% | |
| KRUS | F | 0.3% | |
| ORIC | D | 0.3% | |
| MTRX | F | 0.3% | |
| EVH | F | 0.3% | |
| KYMR | D | 0.3% | |
| LSEA | F | 0.29% | |
| HEES | F | 0.29% | |
| APLT | C | 0.29% | |
| KROS | F | 0.28% | |
| SOUN | D | 0.28% | |
| KOP | F | 0.28% | |
| SMID | F | 0.27% | |
| MAX | F | 0.27% | |
| QUIK | F | 0.26% | |
| PARR | F | 0.26% | |
| FULC | F | 0.26% | |
| CDLX | F | 0.23% | |
| BLZE | D | 0.23% | |
| AQST | F | 0.2% | |
| FATE | F | 0.19% | |
| KOD | F | 0.18% | |
| LYRA | F | 0.02% |
DWAS Underweight 26 Positions Relative to IPO
| Symbol | Grade | Weight | |
|---|---|---|---|
| NU | B | -10.57% | |
| KVUE | F | -9.8% | |
| ARM | A | -9.05% | |
| HOOD | B | -7.44% | |
| RIVN | C | -5.9% | |
| ONON | C | -4.79% | |
| CNM | D | -4.03% | |
| DUOL | F | -3.79% | |
| CRBG | C | -3.69% | |
| GTLB | C | -2.9% | |
| GFS | C | -2.47% | |
| S | C | -2.36% | |
| BROS | B | -1.91% | |
| TPG | D | -1.74% | |
| HCP | A | -1.6% | |
| FRSH | D | -1.27% | |
| BRZE | D | -0.98% | |
| INFA | B | -0.98% | |
| RDDT | B | -0.8% | |
| BIRK | B | -0.68% | |
| PWSC | B | -0.66% | |
| FLNC | F | -0.57% | |
| ACT | C | -0.44% | |
| RBRK | C | -0.35% | |
| BLCO | F | -0.3% | |
| INST | B | -0.26% |
DWAS: Top Represented Industries & Keywords
IPO: Top Represented Industries & Keywords
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