GRID vs. PXJ ETF Comparison
Comparison of First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) to PowerShares Dynamic Oil Services (PXJ)
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
GRID 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 NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$125.98
Average Daily Volume
103,118
45
PXJ
PowerShares Dynamic Oil Services
PXJ Description
The PowerShares Dynamic Oil & Gas Services Portfolio (Fund) is based on the Dynamic Oil & Gas Services IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies that assist in the production, processing and distribution of oil and gas. The Underlying Intellidex Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$30.17
Average Daily Volume
56,586
29
Performance
| Period | GRID | PXJ |
|---|---|---|
| 30 Days | 3.04% | -5.19% |
| 60 Days | 4.97% | -10.17% |
| 90 Days | 3.56% | -5.17% |
| 12 Months | 27.18% | -2.63% |
0 Overlapping Holdings
| Symbol | Grade | Weight in GRID | Weight in PXJ | Overlap |
|---|
GRID Overweight 45 Positions Relative to PXJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| ABBV | C | 7.99% | |
| JCI | B | 7.76% | |
| ETN | C | 7.24% | |
| PWR | B | 3.87% | |
| HUBB | B | 3.54% | |
| APTV | D | 3.01% | |
| TSLA | C | 2.56% | |
| ENPH | C | 2.33% | |
| NVDA | D | 2.16% | |
| ORCL | B | 1.89% | |
| NVT | D | 1.62% | |
| CSCO | B | 1.38% | |
| IBM | B | 1.34% | |
| QCOM | D | 1.27% | |
| TXN | C | 1.23% | |
| GE | B | 1.12% | |
| HON | D | 0.98% | |
| ADI | D | 0.77% | |
| ITRI | C | 0.68% | |
| ATKR | F | 0.5% | |
| AEIS | D | 0.48% | |
| EMR | D | 0.43% | |
| NXPI | D | 0.36% | |
| GEV | B | 0.35% | |
| MYRG | F | 0.22% | |
| FLNC | C | 0.19% | |
| SEDG | F | 0.16% | |
| AMSC | D | 0.13% | |
| TRMB | C | 0.09% | |
| WLDN | B | 0.08% | |
| AES | C | 0.07% | |
| GNRC | D | 0.06% | |
| MTZ | B | 0.05% | |
| WCC | C | 0.05% | |
| PLPC | F | 0.05% | |
| VMI | D | 0.04% | |
| LFUS | D | 0.04% | |
| ENS | C | 0.03% | |
| BDC | B | 0.03% | |
| ACA | C | 0.03% | |
| STM | F | 0.02% | |
| ESE | B | 0.02% | |
| DGII | D | 0.01% | |
| AZZ | C | 0.01% | |
| EBR | C | 0.0% |
GRID Underweight 29 Positions Relative to PXJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKR | D | -5.18% | |
| FTI | D | -4.97% | |
| SLB | F | -4.88% | |
| NOV | D | -4.87% | |
| HAL | F | -4.85% | |
| PTEN | F | -4.72% | |
| WFRD | F | -4.67% | |
| TDW | F | -4.38% | |
| ECO | B | -3.15% | |
| DHT | C | -3.05% | |
| USAC | D | -3.04% | |
| INSW | D | -2.97% | |
| TNK | D | -2.94% | |
| AROC | C | -2.87% | |
| STNG | D | -2.85% | |
| NVGS | D | -2.83% | |
| LBRT | D | -2.83% | |
| WTTR | C | -2.79% | |
| WHD | C | -2.79% | |
| RES | D | -2.72% | |
| ACDC | F | -2.71% | |
| CLB | D | -2.71% | |
| PUMP | F | -2.68% | |
| HP | D | -2.67% | |
| VTOL | D | -2.66% | |
| LPG | F | -2.65% | |
| OII | D | -2.57% | |
| HLX | D | -2.52% | |
| NBR | F | -2.35% |
GRID: Top Represented Industries & Keywords
PXJ: Top Represented Industries & Keywords
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