SMN vs. PYZ ETF Comparison
Comparison of ProShares UltraShort Basic Materials (SMN) to PowerShares Dynamic Basic Materials (PYZ)
SMN
ProShares UltraShort Basic Materials
SMN Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$14.45
Average Daily Volume
3,896
43
PYZ
PowerShares Dynamic Basic Materials
PYZ Description
The PowerShares Dynamic Basic Materials Sector Portfolio (Fund) is based on the Dynamic Basic Materials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates 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 stocks of 60 US basic materials companies. These are companies that are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$94.67
Average Daily Volume
2,493
47
Performance
Period | SMN | PYZ |
---|---|---|
30 Days | 14.14% | -2.40% |
60 Days | 5.80% | 4.38% |
90 Days | -0.42% | 7.10% |
12 Months | -20.05% | 22.41% |
29 Overlapping Holdings
Symbol | Grade | Weight in SMN | Weight in PYZ | Overlap | |
---|---|---|---|---|---|
AA | A | 0.52% | 2.25% | 0.52% | |
APD | A | 8.28% | 3.6% | 3.6% | |
ATI | D | 0.37% | 3.74% | 0.37% | |
CBT | C | 0.4% | 2.2% | 0.4% | |
CF | A | 1.59% | 2.54% | 1.59% | |
CMC | B | 0.41% | 1.83% | 0.41% | |
CRS | A | 0.35% | 4.96% | 0.35% | |
CTVA | D | 3.36% | 1.98% | 1.98% | |
DD | D | 7.23% | 1.76% | 1.76% | |
DOW | F | 6.27% | 1.52% | 1.52% | |
ECL | D | 7.77% | 1.91% | 1.91% | |
EMN | C | 1.67% | 2.62% | 1.67% | |
ESI | B | 0.44% | 1.94% | 0.44% | |
FCX | F | 2.96% | 1.88% | 1.88% | |
FUL | F | 0.4% | 1.2% | 0.4% | |
IFF | D | 2.28% | 1.71% | 1.71% | |
LIN | D | 18.22% | 3.75% | 3.75% | |
LYB | F | 3.74% | 1.69% | 1.69% | |
NEM | F | 5.65% | 1.78% | 1.78% | |
NEU | C | 0.55% | 1.07% | 0.55% | |
NUE | D | 2.59% | 2.85% | 2.59% | |
RGLD | C | 1.17% | 1.77% | 1.17% | |
RPM | A | 1.53% | 4.29% | 1.53% | |
RS | B | 1.28% | 3.51% | 1.28% | |
SMG | D | 0.7% | 1.66% | 0.7% | |
SXT | C | 0.44% | 0.98% | 0.44% | |
VVV | B | 0.64% | 1.93% | 0.64% | |
WLK | F | 0.39% | 1.87% | 0.39% | |
WOR | F | 0.24% | 0.94% | 0.24% |
SMN: Top Represented Industries & Keywords
PYZ: Top Represented Industries & Keywords