FEM vs. PIE ETF Comparison
Comparison of First Trust Emerging Markets AlphaDEX Fund (FEM) to PowerShares DWA Emerging Market Technical Leaders Portfolio (PIE)
FEM
First Trust Emerging Markets AlphaDEX Fund
FEM 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 Defined Emerging Markets Index. The fund normally invests at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Emerging Markets BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$24.05
Average Daily Volume
62,595
7
PIE
PowerShares DWA Emerging Market Technical Leaders Portfolio
PIE Description
The PowerShares DWA Emerging Markets Momentum Portfolio (Fund) is based on the Dorsey Wright® Emerging Markets Technical Leaders Index ND (Index). The Fund will normally invest at least 80% of its total assets in securities of emerging economies within Dorsey, Wright & Associates, LLC's classification definition, excluding companies listed on a US stock exchange. The Index includes approximately 100 companies that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. 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 Emerging Markets Technical Leaders Portfolio to PowerShares DWA Emerging Markets Momentum Portfolio.Grade (RS Rating)
Last Trade
$20.37
Average Daily Volume
14,008
4
Performance
Period | FEM | PIE |
---|---|---|
30 Days | 6.12% | 2.02% |
60 Days | 9.69% | 7.24% |
90 Days | 0.22% | -5.85% |
12 Months | 21.22% | 13.92% |
FEM Underweight 1 Positions Relative to PIE
Symbol | Grade | Weight | |
---|---|---|---|
TCOM | A | -0.67% |
FEM: Top Represented Industries & Keywords
PIE: Top Represented Industries & Keywords