PID vs. EVNT ETF Comparison
Comparison of PowerShares Intl Dividend Achievers (PID) to AltShares Event-Driven ETF (EVNT)
PID
PowerShares Intl Dividend Achievers
PID Description
The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.
Grade (RS Rating)
Last Trade
$19.18
Average Daily Volume
75,916
23
EVNT
AltShares Event-Driven ETF
EVNT Description
AltShares Event-Driven ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. The fund invests in the public equity and fixed income markets across the globe. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. The fund invests in fixed income securities with varying maturities. AltShares Event-Driven ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$10.65
Average Daily Volume
347
44
Performance
Period | PID | EVNT |
---|---|---|
30 Days | -3.03% | 0.05% |
60 Days | -2.33% | 0.76% |
90 Days | -0.52% | 1.91% |
12 Months | 15.24% | 7.25% |
0 Overlapping Holdings
Symbol | Grade | Weight in PID | Weight in EVNT | Overlap |
---|
PID Overweight 23 Positions Relative to EVNT
PID Underweight 44 Positions Relative to EVNT
Symbol | Grade | Weight | |
---|---|---|---|
HES | B | -4.35% | |
CTLT | C | -3.94% | |
HA | A | -3.73% | |
HCP | B | -3.69% | |
JNPR | D | -3.35% | |
PETQ | A | -3.29% | |
AMED | F | -3.17% | |
PRFT | B | -3.16% | |
AXNX | A | -2.98% | |
ANSS | B | -2.82% | |
CHX | C | -2.68% | |
MGRC | B | -2.56% | |
SRCL | B | -2.55% | |
X | B | -1.88% | |
CCI | C | -1.78% | |
INST | B | -1.77% | |
K | A | -1.74% | |
MRO | B | -1.54% | |
ENV | B | -1.51% | |
EDR | A | -1.48% | |
SILK | A | -1.46% | |
ESGR | B | -1.4% | |
VZIO | A | -1.21% | |
RCM | A | -1.19% | |
DIS | B | -1.07% | |
SQSP | A | -0.98% | |
CHUY | B | -0.96% | |
CPRI | F | -0.92% | |
AURA | D | -0.86% | |
PVH | C | -0.85% | |
PARA | C | -0.83% | |
CZR | F | -0.81% | |
PACB | F | -0.81% | |
VFC | C | -0.78% | |
GTHX | A | -0.77% | |
WBD | B | -0.76% | |
RIVN | F | -0.76% | |
SNOW | B | -0.74% | |
EVRI | A | -0.7% | |
BE | B | -0.51% | |
ACI | C | -0.42% | |
CLSD | F | -0.33% | |
WSC | F | --0.9% | |
SNPS | B | --1.24% |
PID: Top Represented Industries & Keywords
EVNT: Top Represented Industries & Keywords