FPXE vs. PRN ETF Comparison
Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to PowerShares Dynamic Industrials (PRN)
FPXE
First Trust IPOX Europe Equity Opportunities ETF
FPXE Description
The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").
Grade (RS Rating)
Last Trade
$25.70
Average Daily Volume
267
23
PRN
PowerShares Dynamic Industrials
PRN Description
The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials 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 common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$136.55
Average Daily Volume
11,909
40
Performance
Period | FPXE | PRN |
---|---|---|
30 Days | 7.67% | 3.16% |
60 Days | 2.61% | 2.16% |
90 Days | 7.29% | 7.42% |
12 Months | 20.80% | 42.05% |
0 Overlapping Holdings
Symbol | Grade | Weight in FPXE | Weight in PRN | Overlap |
---|
FPXE Overweight 23 Positions Relative to PRN
Symbol | Grade | Weight | |
---|---|---|---|
NVT | C | 8.86% | |
ARM | F | 5.73% | |
SPOT | C | 3.42% | |
MNDY | C | 2.47% | |
HAFN | B | 2.0% | |
ONON | B | 1.84% | |
ICLR | D | 1.52% | |
CLBT | C | 1.05% | |
BIRK | C | 0.84% | |
ZGN | D | 0.44% | |
FROG | D | 0.34% | |
STVN | F | 0.28% | |
PHVS | F | 0.26% | |
JHG | B | 0.25% | |
CNTA | D | 0.2% | |
MRUS | D | 0.13% | |
IMCR | F | 0.13% | |
CMPS | F | 0.12% | |
SPNT | B | 0.1% | |
PAX | F | 0.09% | |
OSW | B | 0.07% | |
VTEX | D | 0.06% | |
IMTX | D | 0.05% |
FPXE Underweight 40 Positions Relative to PRN
Symbol | Grade | Weight | |
---|---|---|---|
CTAS | B | -4.09% | |
VRT | C | -4.07% | |
FIX | C | -3.93% | |
HEI | B | -3.92% | |
HUBB | D | -3.51% | |
TT | B | -3.46% | |
CPRT | D | -3.44% | |
PWR | C | -3.38% | |
AME | D | -3.19% | |
GWW | D | -2.91% | |
STRL | C | -2.85% | |
URI | C | -2.76% | |
HWM | A | -2.73% | |
TDG | C | -2.72% | |
BLDR | D | -2.71% | |
CSL | B | -2.58% | |
ETN | C | -2.45% | |
PKG | C | -2.44% | |
IESC | C | -2.38% | |
SAIA | F | -2.35% | |
GGG | D | -2.27% | |
XPO | D | -2.18% | |
AXON | D | -2.13% | |
WIRE | C | -2.08% | |
DY | C | -2.07% | |
HRI | D | -2.04% | |
BCC | D | -1.89% | |
GFF | D | -1.86% | |
CSWI | C | -1.86% | |
MYRG | D | -1.8% | |
CBZ | B | -1.79% | |
GMS | D | -1.75% | |
UFPI | C | -1.74% | |
APG | D | -1.69% | |
ARCB | F | -1.64% | |
AIT | B | -1.59% | |
RUSHA | D | -1.5% | |
AMSC | C | -1.42% | |
CMPR | D | -1.31% | |
HEES | F | -1.08% |
FPXE: Top Represented Industries & Keywords
PRN: Top Represented Industries & Keywords