PID vs. TAN ETF Comparison
Comparison of PowerShares Intl Dividend Achievers (PID) to Invesco Solar ETF (TAN)
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
$19.69
Average Daily Volume
92,403
23
TAN
Invesco Solar ETF
TAN Description
The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.Grade (RS Rating)
Last Trade
$42.13
Average Daily Volume
897,548
16
Performance
Period | PID | TAN |
---|---|---|
30 Days | 1.94% | 4.59% |
60 Days | 8.88% | 7.69% |
90 Days | 9.60% | 5.30% |
12 Months | 25.41% | -9.62% |
0 Overlapping Holdings
Symbol | Grade | Weight in PID | Weight in TAN | Overlap |
---|
PID Overweight 23 Positions Relative to TAN
PID: Top Represented Industries & Keywords
TAN: Top Represented Industries & Keywords