SSG vs. PSI ETF Comparison
Comparison of ProShares UltraShort Semiconductors (SSG) to PowerShares Dynamic Semiconductors (PSI)
SSG
ProShares UltraShort Semiconductors
SSG 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. SemiconductorsSM 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 semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$28.13
Average Daily Volume
37,855
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
$56.40
Average Daily Volume
96,493
26
Performance
Period | SSG | PSI |
---|---|---|
30 Days | -0.60% | 0.61% |
60 Days | -18.58% | 2.34% |
90 Days | -12.62% | -3.40% |
12 Months | -80.59% | 28.52% |
15 Overlapping Holdings
Symbol | Grade | Weight in SSG | Weight in PSI | Overlap | |
---|---|---|---|---|---|
ADI | D | 3.48% | 4.77% | 3.48% | |
AMAT | F | 4.58% | 4.6% | 4.58% | |
AVGO | D | 9.66% | 5.41% | 5.41% | |
CRUS | D | 0.38% | 2.03% | 0.38% | |
ENTG | D | 0.6% | 2.48% | 0.6% | |
KLAC | D | 2.23% | 2.2% | 2.2% | |
LRCX | F | 3.53% | 4.53% | 3.53% | |
MKSI | C | 0.5% | 2.62% | 0.5% | |
MPWR | F | 0.58% | 1.79% | 0.58% | |
MU | D | 5.04% | 5.25% | 5.04% | |
NVDA | C | 12.05% | 5.76% | 5.76% | |
QCOM | F | 8.64% | 4.99% | 4.99% | |
SMTC | B | 0.29% | 3.45% | 0.29% | |
SWKS | F | 1.67% | 2.24% | 1.67% | |
TXN | C | 9.72% | 5.19% | 5.19% |
SSG: Top Represented Industries & Keywords
PSI: Top Represented Industries & Keywords