PBE vs. QQQA ETF Comparison
Comparison of PowerShares Dynamic Biotech & Genome (PBE) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
PBE
PowerShares Dynamic Biotech & Genome
PBE Description
The PowerShares Dynamic Biotechnology & Genome Portfolio (Fund) is based on the Dynamic Biotech & Genome 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 is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US biotechnology and genome companies. These are companies that are principally engaged in the research, development, manufacture and marketing and distribution of various biotechnological products, services and processes and companies that benefit significantly from scientific and technological advances biotechnology and genetic engineering and reseach. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$68.56
Average Daily Volume
6,451
30
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA Description
ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$46.20
Average Daily Volume
2,702
21
Performance
Period | PBE | QQQA |
---|---|---|
30 Days | 0.09% | 4.52% |
60 Days | -3.92% | 7.67% |
90 Days | -3.91% | 8.83% |
12 Months | 20.96% | 26.58% |
1 Overlapping Holdings
Symbol | Grade | Weight in PBE | Weight in QQQA | Overlap | |
---|---|---|---|---|---|
ILMN | C | 5.64% | 4.45% | 4.45% |
PBE Overweight 29 Positions Relative to QQQA
Symbol | Grade | Weight | |
---|---|---|---|
UTHR | C | 5.74% | |
ALNY | D | 4.78% | |
AMGN | F | 4.7% | |
BIIB | F | 4.21% | |
NBIX | C | 4.18% | |
XNCR | B | 3.88% | |
EXEL | B | 3.86% | |
TGTX | B | 3.78% | |
BMRN | F | 3.76% | |
MNKD | C | 3.7% | |
NTRA | A | 3.56% | |
REGN | F | 3.38% | |
INCY | C | 3.35% | |
VCYT | B | 3.28% | |
ACAD | C | 3.06% | |
CPRX | C | 3.0% | |
BPMC | B | 2.91% | |
TECH | F | 2.89% | |
VCEL | B | 2.79% | |
OPK | C | 2.78% | |
RGEN | D | 2.76% | |
PTGX | D | 2.75% | |
QGEN | D | 2.59% | |
BCRX | D | 2.56% | |
HALO | F | 2.42% | |
COLL | F | 2.27% | |
CDNA | D | 1.92% | |
NVAX | F | 1.83% | |
MYGN | F | 1.61% |
PBE Underweight 20 Positions Relative to QQQA
PBE: Top Represented Industries & Keywords
QQQA: Top Represented Industries & Keywords