RDFI vs. PEY ETF Comparison
Comparison of Rareview Dynamic Fixed Income ETF (RDFI) to PowerShares High Yield Dividend Achievers (PEY)
RDFI
Rareview Dynamic Fixed Income ETF
RDFI Description
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.
Grade (RS Rating)
Last Trade
$24.81
Average Daily Volume
10,959
29
PEY
PowerShares High Yield Dividend Achievers
PEY Description
The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.Grade (RS Rating)
Last Trade
$21.59
Average Daily Volume
187,176
49
Performance
| Period | RDFI | PEY |
|---|---|---|
| 30 Days | 1.45% | 0.25% |
| 60 Days | 4.66% | 6.05% |
| 90 Days | 7.58% | 12.53% |
| 12 Months | 24.55% | 21.96% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RDFI | Weight in PEY | Overlap |
|---|
RDFI Overweight 29 Positions Relative to PEY
| Symbol | Grade | Weight | |
|---|---|---|---|
| EMD | A | 6.47% | |
| NPFD | A | 6.06% | |
| EDD | C | 5.97% | |
| FPF | A | 5.56% | |
| HIO | B | 4.64% | |
| PDX | A | 4.57% | |
| TEI | C | 4.23% | |
| NVG | B | 3.97% | |
| NZF | B | 3.8% | |
| ZROZ | D | 3.05% | |
| NAD | B | 3.03% | |
| BTZ | B | 2.96% | |
| EAD | B | 2.89% | |
| RA | B | 2.53% | |
| NEA | A | 2.17% | |
| FTF | A | 2.17% | |
| MMU | B | 2.08% | |
| BLE | B | 1.98% | |
| IQI | B | 1.87% | |
| FEMB | C | 1.66% | |
| HIX | B | 1.5% | |
| VKQ | B | 1.48% | |
| MYD | B | 1.46% | |
| EVV | A | 1.43% | |
| VMO | B | 1.36% | |
| GHY | A | 1.34% | |
| ERC | B | 1.29% | |
| JPC | C | 0.42% | |
| IIM | B | 0.29% |
RDFI Underweight 49 Positions Relative to PEY
| Symbol | Grade | Weight | |
|---|---|---|---|
| WBA | F | -3.78% | |
| MO | D | -3.13% | |
| VZ | C | -3.12% | |
| UGI | C | -2.69% | |
| CCOI | B | -2.69% | |
| BEN | F | -2.68% | |
| UVV | D | -2.61% | |
| FIBK | C | -2.61% | |
| PFE | D | -2.58% | |
| UPS | D | -2.38% | |
| LYB | B | -2.31% | |
| BMY | A | -2.28% | |
| NWE | C | -2.26% | |
| NWN | D | -2.21% | |
| AVA | D | -2.21% | |
| TROW | D | -2.12% | |
| SR | D | -2.08% | |
| KEY | B | -2.07% | |
| EVRG | C | -2.05% | |
| BKH | C | -2.03% | |
| TFC | D | -1.99% | |
| OGE | C | -1.99% | |
| CVX | B | -1.98% | |
| PRU | B | -1.9% | |
| PNW | C | -1.89% | |
| PM | D | -1.87% | |
| ES | D | -1.87% | |
| MAN | D | -1.81% | |
| POR | D | -1.8% | |
| WSBC | D | -1.8% | |
| FLO | D | -1.79% | |
| RF | B | -1.79% | |
| USB | C | -1.76% | |
| BBY | C | -1.7% | |
| IPG | D | -1.7% | |
| WEC | B | -1.67% | |
| IBM | A | -1.63% | |
| SON | D | -1.59% | |
| UBSI | D | -1.59% | |
| TRN | C | -1.56% | |
| SWK | C | -1.54% | |
| EMN | C | -1.54% | |
| PRGO | F | -1.5% | |
| PNC | C | -1.49% | |
| KMB | D | -1.48% | |
| INDB | D | -1.45% | |
| MMM | C | -1.35% | |
| HPQ | B | -1.31% | |
| K | B | -1.26% |
RDFI: Top Represented Industries & Keywords
PEY: Top Represented Industries & Keywords
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