RTAI vs. KBWB ETF Comparison
Comparison of Rareview Tax Advantaged Income ETF (RTAI) to PowerShares KBW Bank Portfolio ETF (KBWB)
RTAI
Rareview Tax Advantaged Income ETF
RTAI Description
The investment seeks total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes. Under normal market conditions, the fund will invest in municipal bond closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. While it will invest primarily in closed-end funds, the fund may invest up to 30% of its assets in municipal or short term Treasury ETFs if in the adviser's discretion, the ETFs will provide a better investment opportunity or liquidity for the asset class. It is non-diversified.
Grade (RS Rating)
Last Trade
$21.48
Average Daily Volume
1,522
11
KBWB
PowerShares KBW Bank Portfolio ETF
KBWB Description
The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$53.45
Average Daily Volume
605,727
24
Performance
| Period | RTAI | KBWB |
|---|---|---|
| 30 Days | 2.38% | 1.72% |
| 60 Days | 4.47% | 0.65% |
| 90 Days | 2.71% | 3.24% |
| 12 Months | 8.39% | 35.64% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RTAI | Weight in KBWB | Overlap |
|---|
RTAI Underweight 24 Positions Relative to KBWB
| Symbol | Grade | Weight | |
|---|---|---|---|
| JPM | B | -8.03% | |
| BAC | B | -8.02% | |
| MS | B | -8.0% | |
| GS | A | -7.98% | |
| WFC | C | -7.83% | |
| TFC | B | -4.1% | |
| BK | B | -4.08% | |
| C | B | -4.04% | |
| USB | D | -4.0% | |
| COF | D | -3.98% | |
| MTB | C | -3.98% | |
| STT | C | -3.95% | |
| PNC | C | -3.94% | |
| FITB | D | -3.92% | |
| HBAN | D | -3.67% | |
| RF | B | -3.48% | |
| NTRS | C | -3.34% | |
| CFG | B | -3.12% | |
| KEY | C | -2.54% | |
| EWBC | D | -1.98% | |
| FHN | C | -1.6% | |
| WAL | B | -1.33% | |
| CMA | C | -1.26% | |
| ZION | C | -1.23% |
RTAI: Top Represented Industries & Keywords
KBWB: Top Represented Industries & Keywords
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