PYZ vs. OILT ETF Comparison
Comparison of PowerShares Dynamic Basic Materials (PYZ) to Texas Capital Texas Oil Index ETF (OILT)
PYZ
PowerShares Dynamic Basic Materials
PYZ Description
The PowerShares Dynamic Basic Materials Sector Portfolio (Fund) is based on the Dynamic Basic Materials 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 stocks of 60 US basic materials companies. These are companies that are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$89.61
Average Daily Volume
1,977
47
OILT
Texas Capital Texas Oil Index ETF
OILT Description
OILT aims to track the performance of an economic-value weighted index of energy companies that extract oil and gas within Texas. Companies in the index must be publicly traded and responsible for more than 0.1% of the annual state oil and gas production of Texas over the past 10 years based on data from the Texas Railroad Commission. The companies are sensitive to the price of West Texas Intermediate crude oil. Global and domestic infrastructure and trading have created efficiencies that have made the US a net exporter of oil and may positively impact the profitability of these companies. The stocks are weighted in the index by the aggregated economic value of oil and gas production of the company and multiplying it by the average oil and gas futures prices from the last day of trading of February in the current and previous year. Outside of extraordinary events, the index is reconstituted annually and rebalanced quarterly.Grade (RS Rating)
Last Trade
$27.21
Average Daily Volume
1,077
25
Performance
| Period | PYZ | OILT |
|---|---|---|
| 30 Days | 1.40% | 1.12% |
| 60 Days | -2.00% | -1.40% |
| 90 Days | 0.53% | -7.69% |
| 12 Months | 3.37% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PYZ | Weight in OILT | Overlap |
|---|
PYZ Overweight 47 Positions Relative to OILT
| Symbol | Grade | Weight | |
|---|---|---|---|
| STLD | C | 4.67% | |
| AVY | D | 4.22% | |
| RS | C | 4.21% | |
| LPX | D | 3.8% | |
| LIN | C | 3.76% | |
| AA | D | 3.52% | |
| FCX | C | 3.45% | |
| APD | D | 3.12% | |
| NUE | D | 2.91% | |
| ATI | D | 2.68% | |
| CENX | C | 2.67% | |
| EMN | D | 2.65% | |
| CRS | B | 2.59% | |
| CDE | A | 2.3% | |
| CF | F | 2.28% | |
| RPM | D | 2.27% | |
| SLVM | D | 2.26% | |
| WLK | D | 2.11% | |
| LYB | F | 1.94% | |
| NEM | A | 1.93% | |
| CTVA | D | 1.9% | |
| ECL | A | 1.86% | |
| IFF | B | 1.85% | |
| SUM | D | 1.84% | |
| VVV | B | 1.83% | |
| CBT | D | 1.83% | |
| ESI | B | 1.83% | |
| IP | C | 1.79% | |
| DOW | F | 1.72% | |
| HL | C | 1.7% | |
| RGLD | A | 1.67% | |
| OLN | D | 1.6% | |
| SMG | D | 1.59% | |
| CMC | C | 1.53% | |
| UEC | C | 1.51% | |
| AVNT | D | 1.4% | |
| NEU | D | 1.36% | |
| HWKN | B | 1.34% | |
| SXC | C | 1.22% | |
| KALU | D | 1.19% | |
| FUL | C | 1.19% | |
| MTX | C | 1.18% | |
| PCT | C | 1.17% | |
| IOSP | D | 1.17% | |
| CLW | D | 1.15% | |
| MTRN | D | 1.02% | |
| WOR | F | 0.96% |
PYZ Underweight 25 Positions Relative to OILT
| Symbol | Grade | Weight | |
|---|---|---|---|
| OXY | D | -8.79% | |
| FANG | B | -8.67% | |
| XOM | D | -8.23% | |
| COP | D | -8.16% | |
| EOG | B | -7.85% | |
| APA | D | -4.61% | |
| CVX | D | -4.34% | |
| OVV | D | -4.3% | |
| DVN | D | -4.18% | |
| MRO | B | -4.18% | |
| PR | C | -3.92% | |
| SM | D | -3.82% | |
| BP | F | -2.45% | |
| KMI | A | -2.36% | |
| CRGY | C | -2.07% | |
| CTRA | D | -1.64% | |
| MGY | B | -1.62% | |
| SBOW | C | -1.54% | |
| MUR | D | -1.53% | |
| CHK | D | -1.39% | |
| CRK | D | -1.38% | |
| TTE | D | -0.86% | |
| REI | C | -0.8% | |
| REPX | C | -0.62% | |
| MTDR | C | -0.27% |
PYZ: Top Represented Industries & Keywords
OILT: Top Represented Industries & Keywords
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