FXED vs. PEY ETF Comparison
Comparison of Sound Enhanced Fixed Income ETF (FXED) to PowerShares High Yield Dividend Achievers (PEY)
FXED
Sound Enhanced Fixed Income ETF
FXED Description
Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$19.17
Average Daily Volume
7,377
8
PEY
PowerShares High Yield Dividend Achievers
PEY Description
The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.Grade (RS Rating)
Last Trade
$21.69
Average Daily Volume
184,954
49
Performance
Period | FXED | PEY |
---|---|---|
30 Days | 1.62% | -0.16% |
60 Days | 4.00% | 3.81% |
90 Days | 4.76% | 12.59% |
12 Months | 19.12% | 21.87% |
0 Overlapping Holdings
Symbol | Grade | Weight in FXED | Weight in PEY | Overlap |
---|
FXED Underweight 49 Positions Relative to PEY
Symbol | Grade | Weight | |
---|---|---|---|
WBA | F | -3.71% | |
MO | B | -3.12% | |
VZ | A | -3.05% | |
BEN | F | -2.81% | |
FIBK | D | -2.72% | |
UGI | C | -2.67% | |
PFE | D | -2.63% | |
CCOI | B | -2.61% | |
UVV | C | -2.59% | |
UPS | D | -2.29% | |
NWE | A | -2.25% | |
LYB | D | -2.25% | |
AVA | B | -2.2% | |
NWN | B | -2.17% | |
TROW | D | -2.14% | |
KEY | C | -2.14% | |
BMY | B | -2.14% | |
SR | A | -2.08% | |
EVRG | B | -2.06% | |
BKH | B | -2.05% | |
TFC | D | -2.0% | |
OGE | A | -1.98% | |
CVX | D | -1.95% | |
PRU | C | -1.91% | |
WSBC | D | -1.88% | |
PM | B | -1.87% | |
PNW | A | -1.87% | |
MAN | D | -1.84% | |
ES | A | -1.83% | |
POR | B | -1.81% | |
USB | C | -1.81% | |
RF | C | -1.81% | |
FLO | C | -1.8% | |
IPG | C | -1.7% | |
UBSI | D | -1.66% | |
IBM | C | -1.63% | |
BBY | B | -1.63% | |
WEC | A | -1.63% | |
PRGO | F | -1.59% | |
SON | D | -1.58% | |
TRN | C | -1.55% | |
INDB | D | -1.53% | |
PNC | C | -1.53% | |
SWK | A | -1.51% | |
EMN | B | -1.5% | |
KMB | B | -1.46% | |
MMM | B | -1.33% | |
HPQ | C | -1.32% | |
K | B | -1.26% |
FXED: Top Represented Industries & Keywords
PEY: Top Represented Industries & Keywords