PGX vs. VRP ETF Comparison
Comparison of PowerShares Preferred Portfolio (PGX) to PowerShares Variable Rate Preferred Portfolio (VRP)
PGX
PowerShares Preferred Portfolio
PGX Description
The PowerShares Preferred Portfolio is based on The BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. The Fund will normally invest at least 80% of its total assets in fixed rate US dollar-denominated preferred securities that comprise the Index. The Index tracks the performance of fixed rate US dollar-denominated preferred securities issued in the US domestic market. (Securities must be rated at least B3, based on an average of three leading ratings agencies: Moodyâs, S&P and Fitch) and must have an investment-grade country risk profile (based on an average of Moodyâs, S&P and Fitch foreign currency long-term sovereign debt ratings). The Fund and the Index are rebalanced and reconstituted on a monthly basis.
Grade (RS Rating)
Last Trade
$11.56
Average Daily Volume
3,687,048
43
VRP
PowerShares Variable Rate Preferred Portfolio
VRP Description
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Wells Fargo® Hybrid and Preferred Securities Floating and Variable Rate Index. The index is a market capitalization-weighted index designed to track the performance of preferred stock, as well as certain types of "hybrid securities" that are functionally equivalent to preferred stocks, that are issued by US-based or foreign issuers and that pay a floating or variable rate dividend or coupon. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. It is non-diversified.Grade (RS Rating)
Last Trade
$23.88
Average Daily Volume
363,175
19
Performance
| Period | PGX | VRP |
|---|---|---|
| 30 Days | 2.48% | 2.62% |
| 60 Days | -2.89% | 1.41% |
| 90 Days | 0.00% | 3.22% |
| 12 Months | 11.17% | 17.03% |
PGX Overweight 38 Positions Relative to VRP
| Symbol | Grade | Weight | |
|---|---|---|---|
| T | B | 1.34% | |
| TBB | D | 1.18% | |
| SOJD | D | 0.85% | |
| TBC | D | 0.77% | |
| RZC | C | 0.73% | |
| SREA | D | 0.7% | |
| CMSD | D | 0.58% | |
| PRS | D | 0.53% | |
| DUKB | D | 0.46% | |
| SOJC | F | 0.41% | |
| UZE | C | 0.37% | |
| BPYPM | C | 0.37% | |
| PFH | D | 0.37% | |
| DTW | D | 0.36% | |
| UNMA | A | 0.29% | |
| ACGLO | D | 0.29% | |
| CMSC | D | 0.27% | |
| CTDD | F | 0.26% | |
| MGR | D | 0.26% | |
| GPJA | D | 0.24% | |
| EAI | D | 0.24% | |
| OZKAP | B | 0.23% | |
| NRUC | D | 0.23% | |
| ELC | D | 0.22% | |
| EMP | D | 0.22% | |
| ENO | D | 0.21% | |
| AIZN | D | 0.2% | |
| SFB | C | 0.19% | |
| CMSA | D | 0.18% | |
| AFGC | D | 0.17% | |
| FCNCO | C | 0.17% | |
| AFGE | D | 0.15% | |
| BPYPO | B | 0.14% | |
| BPYPN | C | 0.14% | |
| AFGD | D | 0.13% | |
| BPYPP | C | 0.11% | |
| AFGB | D | 0.11% | |
| BPOPM | B | 0.03% |
PGX: Top Represented Industries & Keywords
VRP: Top Represented Industries & Keywords
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