FXZ vs. PPA ETF Comparison
Comparison of First Trust Materials AlphaDEX Fund (FXZ) to PowerShares Aerospace & Defense (PPA)
FXZ
First Trust Materials AlphaDEX Fund
FXZ 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 StrataQuant(R) Materials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the materials and processing sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.
Grade (RS Rating)
Last Trade
$64.09
Average Daily Volume
25,123
37
PPA
PowerShares Aerospace & Defense
PPA Description
The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE⢠Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$102.82
Average Daily Volume
129,673
48
Performance
| Period | FXZ | PPA |
|---|---|---|
| 30 Days | -4.67% | -2.03% |
| 60 Days | -6.18% | -1.19% |
| 90 Days | -9.83% | 1.47% |
| 12 Months | 3.73% | 23.65% |
1 Overlapping Holdings
| Symbol | Grade | Weight in FXZ | Weight in PPA | Overlap | |
|---|---|---|---|---|---|
| HXL | D | 0.78% | 0.91% | 0.78% |
FXZ Overweight 36 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| CF | F | 4.77% | |
| MOS | F | 4.75% | |
| FMC | F | 4.64% | |
| STLD | D | 4.38% | |
| CE | F | 4.19% | |
| NUE | F | 4.07% | |
| ALB | F | 3.96% | |
| IP | C | 3.73% | |
| EMN | D | 3.57% | |
| VVV | B | 3.48% | |
| LYB | D | 3.41% | |
| APD | D | 3.4% | |
| TKR | D | 3.34% | |
| ECL | B | 3.26% | |
| RS | D | 3.08% | |
| ASH | D | 3.04% | |
| WLK | D | 3.0% | |
| OLN | F | 2.98% | |
| FAST | D | 2.57% | |
| NEU | D | 2.55% | |
| CLF | D | 2.39% | |
| FCX | C | 1.92% | |
| SCCO | C | 1.88% | |
| RGLD | B | 1.87% | |
| AVY | D | 1.83% | |
| LIN | C | 1.72% | |
| DOW | D | 1.67% | |
| SMG | D | 1.63% | |
| HUN | F | 1.6% | |
| AA | B | 1.06% | |
| NEM | A | 1.05% | |
| IFF | B | 1.02% | |
| ESI | B | 0.99% | |
| RBC | C | 0.91% | |
| CC | F | 0.8% | |
| MP | D | 0.8% |
FXZ Underweight 47 Positions Relative to PPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| BA | C | -6.87% | |
| LMT | C | -6.57% | |
| GE | D | -6.49% | |
| RTX | D | -6.3% | |
| NOC | D | -4.88% | |
| GD | D | -4.72% | |
| LHX | B | -4.52% | |
| HON | B | -4.48% | |
| PH | D | -4.05% | |
| HWM | C | -4.0% | |
| TDG | D | -3.73% | |
| ETN | C | -3.57% | |
| AXON | C | -3.04% | |
| BAH | C | -2.47% | |
| LDOS | B | -2.4% | |
| APH | B | -2.29% | |
| TXT | D | -2.2% | |
| HEI | B | -1.94% | |
| HII | D | -1.73% | |
| CACI | B | -1.41% | |
| CW | C | -1.33% | |
| BWXT | B | -1.32% | |
| KBR | D | -1.24% | |
| WWD | D | -1.18% | |
| PLTR | A | -1.09% | |
| TDY | D | -1.0% | |
| J | D | -0.94% | |
| ATI | C | -0.93% | |
| SAIC | D | -0.91% | |
| AVAV | D | -0.9% | |
| SPR | B | -0.74% | |
| KEYS | D | -0.72% | |
| MOG.A | C | -0.67% | |
| PSN | C | -0.62% | |
| KTOS | B | -0.58% | |
| AIR | B | -0.48% | |
| OSK | D | -0.33% | |
| MRCY | D | -0.32% | |
| VSAT | F | -0.29% | |
| OSIS | C | -0.28% | |
| CDRE | B | -0.26% | |
| TGI | B | -0.22% | |
| IRDM | D | -0.2% | |
| TTMI | B | -0.17% | |
| B | B | -0.16% | |
| DCO | B | -0.15% | |
| AI | B | -0.13% |
FXZ: Top Represented Industries & Keywords
PPA: Top Represented Industries & Keywords
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