IPKW vs. IMOM ETF Comparison
Comparison of PowerShares International BuyBack Achievers Portfolio (IPKW) to International Quantitative Momentum ETF (IMOM)
IPKW
PowerShares International BuyBack Achievers Portfolio
IPKW Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the NASDAQ International BuyBack AchieversTM Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the NASDAQ OMX Group, Inc. ("NASDAQ OMX" or the "Index Provider") includes in the underlying index common stocks of foreign companies that are classified as "International BuyBack AchieversTM" pursuant to a proprietary selection methodology. It is non-diversified.
Grade (RS Rating)
Last Trade
$41.20
Average Daily Volume
16,460
2
IMOM
International Quantitative Momentum ETF
IMOM Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily-generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes-in equity securities of international companies that Empowered Funds, LLC ("the Adviser") believes, based on quantitative analysis, have positive momentum. A "momentum" style of investing emphasizes investing in securities that have had higher recent total return performance compared to other securities. It is non-diversified.Grade (RS Rating)
Last Trade
$27.90
Average Daily Volume
5,401
6
Performance
Period | IPKW | IMOM |
---|---|---|
30 Days | -2.09% | 0.09% |
60 Days | -1.97% | -3.55% |
90 Days | -2.34% | -2.40% |
12 Months | 18.06% | 10.85% |
1 Overlapping Holdings
Symbol | Grade | Weight in IPKW | Weight in IMOM | Overlap | |
---|---|---|---|---|---|
LYG | D | 2.36% | 1.99% | 1.99% |
IPKW Overweight 1 Positions Relative to IMOM
Symbol | Grade | Weight | |
---|---|---|---|
BABA | D | 4.1% |
IPKW: Top Represented Industries & Keywords
IMOM: Top Represented Industries & Keywords