RNWZ vs. PID ETF Comparison
Comparison of TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) to PowerShares Intl Dividend Achievers (PID)
RNWZ
TrueShares Eagle Global Renewable Energy Income ETF
RNWZ Description
The fund is an actively managed ETF that invests primarily in equity securities of domestic and foreign companies that primarily own or operate assets used in the development, generation, production, transmission, storage and sale of alternative and renewable energy such as solar power, wind power, biofuels, hydropower, nuclear or geothermal power. The fund also may invest in American Depository Receipts ("ADRs") and Global Depository Receipts ("GDRs") of Renewable Energy Infrastructure Companies. It is non-diversified.
Grade (RS Rating)
Last Trade
$22.48
Average Daily Volume
573
8
PID
PowerShares Intl Dividend Achievers
PID Description
The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM 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 designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. 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 International Dividend Achievers Index to NASDAQ International Dividend Achievers 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
$18.97
Average Daily Volume
75,315
23
Performance
Period | RNWZ | PID |
---|---|---|
30 Days | -7.44% | -5.03% |
60 Days | -8.69% | -3.25% |
90 Days | -4.65% | -0.39% |
12 Months | 7.31% | 14.18% |
0 Overlapping Holdings
Symbol | Grade | Weight in RNWZ | Weight in PID | Overlap |
---|
RNWZ Underweight 23 Positions Relative to PID
Symbol | Grade | Weight | |
---|---|---|---|
KOF | F | -3.98% | |
NGG | D | -3.9% | |
BTI | C | -3.8% | |
PHI | F | -3.54% | |
TD | D | -2.75% | |
GFI | F | -2.66% | |
SNY | D | -2.62% | |
OTEX | F | -2.33% | |
DEO | F | -2.32% | |
SMFG | A | -2.18% | |
MUFG | A | -2.17% | |
NVS | D | -2.15% | |
PSO | B | -1.83% | |
DOX | D | -1.75% | |
INFY | D | -1.73% | |
CNI | F | -1.54% | |
RELX | D | -1.32% | |
RBA | A | -1.04% | |
WTW | B | -1.0% | |
SAP | B | -0.94% | |
LOGI | F | -0.89% | |
NVO | F | -0.63% | |
WCN | A | -0.47% |
RNWZ: Top Represented Industries & Keywords
PID: Top Represented Industries & Keywords