PXE vs. DRIP ETF Comparison
Comparison of PowerShares Dynamic Energy E&P (PXE) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)
PXE
PowerShares Dynamic Energy E&P
PXE Description
The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production 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 composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$28.35
Average Daily Volume
41,422
29
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.Grade (RS Rating)
Last Trade
$11.72
Average Daily Volume
2,772,887
34
Performance
| Period | PXE | DRIP |
|---|---|---|
| 30 Days | -6.95% | 9.12% |
| 60 Days | -11.33% | 13.88% |
| 90 Days | -7.87% | 6.03% |
| 12 Months | -12.21% | 25.70% |
18 Overlapping Holdings
| Symbol | Grade | Weight in PXE | Weight in DRIP | Overlap | |
|---|---|---|---|---|---|
| CNX | B | 3.78% | 1.51% | 1.51% | |
| CRC | B | 2.96% | 1.13% | 1.13% | |
| CVI | F | 2.08% | 0.96% | 0.96% | |
| DK | F | 2.38% | 1.95% | 1.95% | |
| DVN | F | 4.66% | 2.64% | 2.64% | |
| EOG | D | 5.08% | 2.71% | 2.71% | |
| FANG | F | 4.92% | 2.52% | 2.52% | |
| MGY | C | 2.97% | 0.62% | 0.62% | |
| MPC | F | 4.62% | 2.33% | 2.33% | |
| MTDR | D | 2.67% | 2.02% | 2.02% | |
| MUR | F | 2.45% | 2.43% | 2.43% | |
| NOG | F | 2.7% | 0.54% | 0.54% | |
| PARR | F | 2.14% | 0.3% | 0.3% | |
| PBF | F | 2.6% | 2.49% | 2.49% | |
| PSX | F | 4.92% | 2.19% | 2.19% | |
| RRC | D | 3.13% | 2.2% | 2.2% | |
| SM | F | 2.72% | 1.98% | 1.98% | |
| VLO | F | 4.95% | 2.33% | 2.33% |
PXE: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords
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