PRN vs. AMID ETF Comparison
Comparison of PowerShares Dynamic Industrials (PRN) to Argent Mid Cap ETF (AMID)
PRN
PowerShares Dynamic Industrials
PRN Description
The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials 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 industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$175.23
Average Daily Volume
18,897
40
AMID
Argent Mid Cap ETF
AMID Description
AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.Grade (RS Rating)
Last Trade
$36.72
Average Daily Volume
7,812
37
Performance
Period | PRN | AMID |
---|---|---|
30 Days | 9.86% | 4.32% |
60 Days | 16.00% | 3.96% |
90 Days | 21.81% | 4.88% |
12 Months | 62.90% | 34.06% |
PRN Overweight 36 Positions Relative to AMID
Symbol | Grade | Weight | |
---|---|---|---|
SMR | B | 5.12% | |
FIX | A | 4.0% | |
PWR | A | 3.83% | |
WSO | A | 3.68% | |
GWW | B | 3.68% | |
HEI | A | 3.58% | |
PH | A | 3.52% | |
AXON | A | 3.45% | |
TT | A | 3.33% | |
HWM | A | 3.08% | |
PKG | A | 2.88% | |
STRL | A | 2.85% | |
FI | A | 2.85% | |
CSL | C | 2.43% | |
IRM | C | 2.41% | |
TDG | D | 2.31% | |
CSWI | B | 2.25% | |
DY | D | 2.16% | |
RSG | A | 2.04% | |
EXP | B | 2.01% | |
GE | D | 2.0% | |
CARR | C | 1.98% | |
MLI | B | 1.96% | |
GVA | A | 1.94% | |
LMB | B | 1.81% | |
AIT | B | 1.78% | |
ROAD | B | 1.71% | |
KAI | B | 1.63% | |
CLH | C | 1.5% | |
ITT | A | 1.45% | |
TPC | C | 1.45% | |
VSEC | C | 1.44% | |
UFPI | C | 1.4% | |
CECO | B | 1.33% | |
RUSHA | C | 1.32% | |
FWRD | D | 1.31% |
PRN Underweight 33 Positions Relative to AMID
Symbol | Grade | Weight | |
---|---|---|---|
FICO | B | -3.79% | |
CPRT | B | -3.56% | |
BLDR | D | -3.43% | |
FTNT | C | -3.34% | |
HLI | A | -3.2% | |
CBZ | B | -2.93% | |
LPLA | A | -2.87% | |
CDW | F | -2.86% | |
VCTR | B | -2.86% | |
DHI | F | -2.85% | |
IT | C | -2.83% | |
MEDP | D | -2.69% | |
MUSA | B | -2.63% | |
HCA | F | -2.49% | |
BLD | D | -2.43% | |
OMF | A | -2.4% | |
AFG | A | -2.28% | |
GDDY | A | -2.24% | |
A | D | -2.12% | |
ADUS | D | -2.09% | |
CG | B | -2.05% | |
SCI | B | -2.05% | |
TPX | B | -1.99% | |
AME | A | -1.98% | |
ICFI | F | -1.93% | |
LNG | A | -1.69% | |
CHDN | B | -1.57% | |
ABG | C | -1.55% | |
ENTG | D | -1.52% | |
MOH | F | -1.44% | |
PATK | C | -1.35% | |
AX | B | -1.11% | |
EXPO | D | -0.99% |
PRN: Top Represented Industries & Keywords
AMID: Top Represented Industries & Keywords