PIO vs. FIW ETF Comparison
Comparison of PowerShares Global Water Portfolio (PIO) to First Trust ISE Water Index Fund (FIW)
PIO
PowerShares Global Water Portfolio
PIO Description
The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.
Grade (RS Rating)
Last Trade
$40.94
Average Daily Volume
9,683
Number of Holdings
*
12
* may have additional holdings in another (foreign) market
FIW
First Trust ISE Water Index Fund
FIW Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$108.60
Average Daily Volume
35,814
Number of Holdings
*
32
* may have additional holdings in another (foreign) market
Performance
| Period | PIO | FIW |
|---|---|---|
| 30 Days | -2.87% | -0.89% |
| 60 Days | -3.68% | -0.18% |
| 90 Days | -1.53% | 1.36% |
| 12 Months | 14.95% | 24.49% |
11 Overlapping Holdings
| Symbol | Grade | Weight in PIO | Weight in FIW | Overlap | |
|---|---|---|---|---|---|
| AOS | F | 1.72% | 2.59% | 1.72% | |
| AWK | C | 2.95% | 3.83% | 2.95% | |
| CNM | C | 2.64% | 2.76% | 2.64% | |
| ECL | D | 8.03% | 3.9% | 3.9% | |
| IEX | B | 2.91% | 4.41% | 2.91% | |
| PNR | B | 9.8% | 4.19% | 4.19% | |
| ROP | C | 8.36% | 3.98% | 3.98% | |
| VLTO | C | 3.58% | 3.67% | 3.58% | |
| WAT | B | 3.76% | 4.12% | 3.76% | |
| WMS | F | 1.91% | 2.98% | 1.91% | |
| XYL | D | 3.62% | 3.57% | 3.57% |
PIO Overweight 1 Positions Relative to FIW
| Symbol | Grade | Weight | |
|---|---|---|---|
| CWCO | C | 0.25% |
PIO Underweight 21 Positions Relative to FIW
PIO: Top Represented Industries & Keywords
FIW: Top Represented Industries & Keywords
Industries:
Diversified Industrials
Utilities - Regulated Water
Diagnostics & Research
Engineering & Construction
Metal Fabrication
Scientific & Technical Instruments
Specialty Chemicals
Farm & Construction Equipment
Industrial Distribution
Pollution & Treatment Controls
Rubber & Plastics
Waste Management
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