SLX vs. PIO ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to PowerShares Global Water Portfolio (PIO)
SLX
Market Vectors Steel Index ETF Fund
SLX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.
Grade (RS Rating)
Last Trade
$70.43
Average Daily Volume
10,339
26
PIO
PowerShares Global Water Portfolio
PIO Description
The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.Grade (RS Rating)
Last Trade
$40.92
Average Daily Volume
9,693
12
Performance
| Period | SLX | PIO |
|---|---|---|
| 30 Days | 4.24% | -1.04% |
| 60 Days | 5.78% | -3.06% |
| 90 Days | 5.62% | -2.74% |
| 12 Months | 5.56% | 15.14% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in PIO | Overlap |
|---|
SLX Overweight 26 Positions Relative to PIO
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | D | 9.59% | |
| VALE | F | 7.51% | |
| TS | B | 5.99% | |
| NUE | C | 5.89% | |
| STLD | B | 5.77% | |
| HCC | B | 5.24% | |
| RS | B | 5.24% | |
| CRS | B | 5.22% | |
| MT | B | 5.14% | |
| CMC | B | 4.92% | |
| GGB | C | 4.38% | |
| TX | F | 4.23% | |
| X | B | 4.22% | |
| CLF | F | 3.99% | |
| ATI | C | 3.87% | |
| SID | F | 3.71% | |
| PKX | D | 3.39% | |
| WS | C | 2.4% | |
| ROCK | C | 2.37% | |
| USAP | B | 1.34% | |
| ASTL | B | 1.24% | |
| SXC | A | 1.13% | |
| ZEUS | C | 0.97% | |
| RYI | C | 0.9% | |
| MTUS | C | 0.69% | |
| RDUS | B | 0.54% |
SLX: Top Represented Industries & Keywords
PIO: Top Represented Industries & Keywords
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