PFI vs. ABEQ ETF Comparison
Comparison of PowerShares Dynamic Financial (PFI) to Absolute Core Strategy ETF (ABEQ)
PFI
PowerShares Dynamic Financial
PFI Description
The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial Sector 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 comprised of common stocks of 60 US financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$55.14
Average Daily Volume
4,148
39
ABEQ
Absolute Core Strategy ETF
ABEQ Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.70
Average Daily Volume
5,473
15
Performance
Period | PFI | ABEQ |
---|---|---|
30 Days | 0.72% | -0.08% |
60 Days | 9.76% | 4.84% |
90 Days | 12.11% | 8.79% |
12 Months | 40.11% | 23.11% |
0 Overlapping Holdings
Symbol | Grade | Weight in PFI | Weight in ABEQ | Overlap |
---|
PFI Overweight 39 Positions Relative to ABEQ
Symbol | Grade | Weight | |
---|---|---|---|
MA | A | 5.16% | |
ARES | A | 4.46% | |
KKR | A | 3.97% | |
JPM | D | 3.72% | |
APO | A | 3.65% | |
V | C | 3.37% | |
BRO | A | 2.98% | |
FCNCA | D | 2.97% | |
AXP | A | 2.9% | |
COOP | B | 2.78% | |
MMC | D | 2.71% | |
PGR | C | 2.56% | |
ACGL | A | 2.49% | |
PIPR | B | 2.31% | |
SPG | A | 2.27% | |
VCTR | B | 2.26% | |
HOOD | C | 2.25% | |
PRI | A | 2.19% | |
RGA | C | 2.13% | |
HLI | C | 2.13% | |
JXN | A | 2.12% | |
IBKR | A | 2.12% | |
EVR | C | 2.07% | |
CB | A | 2.04% | |
JEF | A | 2.01% | |
SYF | B | 2.01% | |
AIG | F | 1.89% | |
SLG | C | 1.85% | |
BGC | C | 1.78% | |
MTG | B | 1.74% | |
RYAN | A | 1.68% | |
ENVA | D | 1.67% | |
BPOP | D | 1.62% | |
SKT | A | 1.6% | |
OFG | D | 1.54% | |
HASI | C | 1.51% | |
OMF | F | 1.42% | |
UWMC | D | 1.32% | |
CIFR | D | 0.97% |
PFI: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords