PID vs. MARB ETF Comparison
Comparison of PowerShares Intl Dividend Achievers (PID) to First Trust Merger Arbitrage ETF (MARB)
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
$19.85
Average Daily Volume
93,987
23
MARB
First Trust Merger Arbitrage ETF
MARB Description
The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.Grade (RS Rating)
Last Trade
$19.81
Average Daily Volume
6,733
30
Performance
| Period | PID | MARB |
|---|---|---|
| 30 Days | 2.32% | -1.56% |
| 60 Days | 7.53% | -0.82% |
| 90 Days | 10.79% | 0.54% |
| 12 Months | 26.66% | -1.14% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PID | Weight in MARB | Overlap |
|---|
PID Overweight 23 Positions Relative to MARB
PID Underweight 30 Positions Relative to MARB
| Symbol | Grade | Weight | |
|---|---|---|---|
| HTLF | C | -6.3% | |
| HCP | B | -5.53% | |
| AMED | D | -4.82% | |
| EDR | A | -4.74% | |
| ACI | F | -4.56% | |
| AXNX | A | -4.09% | |
| JNPR | C | -3.63% | |
| ANSS | D | -3.46% | |
| DFS | C | -3.46% | |
| CTLT | B | -3.18% | |
| VZIO | B | -3.02% | |
| HES | D | -2.72% | |
| SRCL | B | -2.59% | |
| PRFT | A | -2.53% | |
| CHX | F | -2.48% | |
| MGRC | D | -2.42% | |
| SRDX | D | -2.25% | |
| PWSC | C | -2.0% | |
| IBTX | D | -1.84% | |
| MRO | D | -1.77% | |
| CPRI | C | -1.59% | |
| EQT | C | --0.07% | |
| WSC | D | --0.99% | |
| COP | D | --1.78% | |
| SSB | C | --1.86% | |
| SNPS | F | --1.96% | |
| CVX | D | --3.1% | |
| SLB | F | --3.68% | |
| COF | C | --3.86% | |
| UMBF | C | --6.56% |
PID: Top Represented Industries & Keywords
MARB: Top Represented Industries & Keywords
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