EELV vs. RNEM ETF Comparison
Comparison of PowerShares S&P Emerging Markets Low Volatility Portfolio (EELV) to First Trust Emerging Markets Equity Select ETF (RNEM)
EELV
PowerShares S&P Emerging Markets Low Volatility Portfolio
EELV Description
The PowerShares S&P Emerging Markets Low Volatility Portfolio (Fund) is based on the S&P BMI Emerging Markets Low Volatility Index ND (Index). The Fund will invest at least 90% of its total assets in the securities of companies that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poorâs and consists of the 200 least volatile stocks of the S&P Emerging BMI Plus LargeMid Cap Index over the past 12 months. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$25.65
Average Daily Volume
52,430
8
RNEM
First Trust Emerging Markets Equity Select ETF
RNEM Description
The Emerging Markets Equity 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 Emerging Markets Equity Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts 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
$54.78
Average Daily Volume
1,705
6
Performance
Period | EELV | RNEM |
---|---|---|
30 Days | 3.19% | 3.36% |
60 Days | 10.16% | 6.97% |
90 Days | 7.91% | 3.36% |
12 Months | 20.71% | 15.64% |
EELV: Top Represented Industries & Keywords
RNEM: Top Represented Industries & Keywords