AMLP vs. PXJ ETF Comparison
Comparison of Alerian MLP ETF (AMLP) to PowerShares Dynamic Oil Services (PXJ)
AMLP
Alerian MLP ETF
AMLP Description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership ("MLP") asset class. The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.
Grade (RS Rating)
Last Trade
$47.85
Average Daily Volume
1,390,636
14
PXJ
PowerShares Dynamic Oil Services
PXJ Description
The PowerShares Dynamic Oil & Gas Services Portfolio (Fund) is based on the Dynamic Oil & Gas Services 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 composed of stocks of 30 U.S. companies that assist in the production, processing and distribution of oil and gas. The Underlying Intellidex Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$28.66
Average Daily Volume
25,653
28
Performance
Period | AMLP | PXJ |
---|---|---|
30 Days | 2.93% | -2.45% |
60 Days | 2.58% | 0.70% |
90 Days | 4.16% | -5.97% |
12 Months | 24.25% | 4.62% |
1 Overlapping Holdings
Symbol | Grade | Weight in AMLP | Weight in PXJ | Overlap | |
---|---|---|---|---|---|
USAC | C | 3.23% | 2.92% | 2.92% |
AMLP Underweight 27 Positions Relative to PXJ
Symbol | Grade | Weight | |
---|---|---|---|
BKR | A | -6.25% | |
FTI | A | -5.46% | |
SLB | C | -4.93% | |
HAL | C | -4.79% | |
NOV | D | -4.74% | |
PTEN | D | -4.67% | |
WFRD | F | -4.21% | |
TDW | F | -3.67% | |
WTTR | A | -3.5% | |
AROC | A | -3.12% | |
CLB | C | -3.11% | |
WHD | B | -3.06% | |
HP | C | -3.03% | |
OII | B | -2.92% | |
ACDC | D | -2.91% | |
NBR | D | -2.9% | |
VTOL | B | -2.78% | |
DHT | D | -2.75% | |
PUMP | F | -2.73% | |
RES | F | -2.72% | |
NVGS | C | -2.65% | |
HLX | D | -2.55% | |
INSW | F | -2.47% | |
LBRT | F | -2.45% | |
ECO | F | -2.35% | |
STNG | F | -2.17% | |
LPG | F | -2.05% |
AMLP: Top Represented Industries & Keywords
PXJ: Top Represented Industries & Keywords