PXJ vs. NORW ETF Comparison
Comparison of PowerShares Dynamic Oil Services (PXJ) to Global X FTSE Norway 30 ETF (NORW)
PXJ
PowerShares Dynamic Oil Services
PXJ Description
The PowerShares Dynamic Oil & Gas Services Portfolio (Fund) is based on the Dynamic Oil & Gas Services 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 that assist in the production, processing and distribution of oil and gas. The Underlying Intellidex Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$30.56
Average Daily Volume
24,198
28
NORW
Global X FTSE Norway 30 ETF
NORW Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Norway 30 Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The index is designed to reflect broad based equity market performance in Norway. The Adviser uses a "passive" or indexing approach to try to achieve the fund's investment objective. The fund is non-diversified.Grade (RS Rating)
Last Trade
$25.48
Average Daily Volume
5,274
3
Performance
Period | PXJ | NORW |
---|---|---|
30 Days | 10.74% | 1.38% |
60 Days | 2.00% | -1.68% |
90 Days | 0.40% | -3.15% |
12 Months | 9.08% | 10.71% |
0 Overlapping Holdings
Symbol | Grade | Weight in PXJ | Weight in NORW | Overlap |
---|
PXJ Overweight 28 Positions Relative to NORW
Symbol | Grade | Weight | |
---|---|---|---|
BKR | B | 6.39% | |
FTI | A | 5.59% | |
SLB | C | 5.07% | |
HAL | C | 5.06% | |
PTEN | C | 4.72% | |
NOV | C | 4.7% | |
WFRD | D | 4.07% | |
WTTR | B | 3.51% | |
AROC | B | 3.4% | |
WHD | B | 3.12% | |
USAC | B | 3.02% | |
TDW | F | 2.99% | |
CLB | B | 2.98% | |
OII | B | 2.91% | |
HP | B | 2.88% | |
DHT | F | 2.86% | |
ACDC | C | 2.85% | |
NVGS | C | 2.8% | |
VTOL | B | 2.77% | |
PUMP | B | 2.76% | |
RES | D | 2.63% | |
NBR | C | 2.61% | |
HLX | B | 2.58% | |
LBRT | D | 2.48% | |
INSW | F | 2.41% | |
ECO | F | 2.28% | |
STNG | F | 2.2% | |
LPG | F | 2.0% |
PXJ: Top Represented Industries & Keywords
NORW: Top Represented Industries & Keywords