SLX vs. PSI ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to PowerShares Dynamic Semiconductors (PSI)
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
$68.40
Average Daily Volume
8,992
25
PSI
PowerShares Dynamic Semiconductors
PSI Description
The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating 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 common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$64.73
Average Daily Volume
67,517
27
Performance
| Period | SLX | PSI |
|---|---|---|
| 30 Days | 2.36% | 6.27% |
| 60 Days | -3.92% | 15.45% |
| 90 Days | -3.92% | 17.33% |
| 12 Months | 6.00% | 42.59% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in PSI | Overlap |
|---|
SLX Overweight 25 Positions Relative to PSI
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | D | 9.88% | |
| VALE | F | 8.42% | |
| NUE | D | 5.99% | |
| STLD | C | 5.01% | |
| HCC | C | 4.89% | |
| TS | D | 4.85% | |
| RS | C | 4.84% | |
| MT | D | 4.76% | |
| PKX | D | 4.74% | |
| CRS | B | 4.69% | |
| ATI | D | 4.61% | |
| X | C | 4.6% | |
| CLF | F | 4.58% | |
| GGB | F | 4.58% | |
| SID | F | 4.58% | |
| CMC | C | 4.5% | |
| TX | D | 4.29% | |
| ROCK | D | 2.34% | |
| WS | C | 1.84% | |
| RDUS | F | 0.99% | |
| SXC | C | 0.97% | |
| USAP | D | 0.89% | |
| ASTL | F | 0.83% | |
| RYI | F | 0.77% | |
| ZEUS | F | 0.55% |
SLX Underweight 27 Positions Relative to PSI
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVGO | B | -5.74% | |
| NVDA | C | -5.27% | |
| LRCX | C | -5.23% | |
| AMAT | C | -5.15% | |
| MU | C | -4.84% | |
| ADI | B | -4.62% | |
| AMD | C | -4.48% | |
| QCOM | C | -4.48% | |
| CRDO | C | -3.9% | |
| AMKR | B | -3.08% | |
| UCTT | B | -2.97% | |
| VECO | C | -2.91% | |
| MPWR | C | -2.83% | |
| CRUS | B | -2.82% | |
| KLAC | B | -2.78% | |
| ENTG | B | -2.74% | |
| MTSI | B | -2.74% | |
| FORM | C | -2.71% | |
| ICHR | C | -2.7% | |
| TER | B | -2.67% | |
| MKSI | B | -2.64% | |
| ACMR | D | -2.59% | |
| PI | B | -2.58% | |
| ONTO | C | -2.53% | |
| NXPI | B | -2.49% | |
| PLAB | D | -2.36% | |
| SMTC | C | -2.04% |
SLX: Top Represented Industries & Keywords
PSI: Top Represented Industries & Keywords
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