DRIP vs. PXJ ETF Comparison
Comparison of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP) to PowerShares Dynamic Oil Services (PXJ)
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.
Grade (RS Rating)
Last Trade
$8.79
Average Daily Volume
1,487,919
35
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
$31.26
Average Daily Volume
32,083
29
Performance
| Period | DRIP | PXJ |
|---|---|---|
| 30 Days | -9.32% | 2.79% |
| 60 Days | -21.24% | 8.72% |
| 90 Days | -30.44% | 15.45% |
| 12 Months | -31.37% | 26.77% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DRIP | Weight in PXJ | Overlap |
|---|
DRIP Overweight 35 Positions Relative to PXJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| APA | C | 3.67% | |
| OXY | A | 2.91% | |
| EOG | A | 2.71% | |
| HES | B | 2.69% | |
| DVN | A | 2.64% | |
| PXD | A | 2.56% | |
| FANG | A | 2.52% | |
| COP | A | 2.49% | |
| PBF | B | 2.49% | |
| MRO | A | 2.49% | |
| MUR | B | 2.43% | |
| XOM | A | 2.37% | |
| CVX | B | 2.35% | |
| MPC | B | 2.33% | |
| VLO | B | 2.33% | |
| RRC | A | 2.2% | |
| PSX | B | 2.19% | |
| EQT | B | 2.13% | |
| MTDR | B | 2.02% | |
| SM | B | 1.98% | |
| SWN | B | 1.96% | |
| DK | B | 1.95% | |
| KOS | B | 1.87% | |
| CNX | A | 1.51% | |
| AR | A | 1.4% | |
| CRC | A | 1.13% | |
| CVI | B | 0.96% | |
| MGY | A | 0.62% | |
| WTI | F | 0.59% | |
| NOG | A | 0.54% | |
| TELL | F | 0.46% | |
| GPRE | D | 0.33% | |
| PARR | D | 0.3% | |
| TALO | C | 0.27% | |
| REX | B | 0.13% |
DRIP Underweight 29 Positions Relative to PXJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| FTI | B | -5.84% | |
| CHX | B | -5.75% | |
| WFRD | B | -5.36% | |
| BKR | C | -5.23% | |
| HAL | B | -5.19% | |
| VAL | B | -5.14% | |
| SLB | C | -4.96% | |
| RIG | C | -3.31% | |
| HLX | B | -2.92% | |
| GLNG | B | -2.88% | |
| AROC | B | -2.82% | |
| ACDC | C | -2.78% | |
| LPG | B | -2.78% | |
| WHD | B | -2.76% | |
| OII | B | -2.74% | |
| HP | B | -2.69% | |
| RES | B | -2.66% | |
| USAC | C | -2.6% | |
| LBRT | A | -2.58% | |
| STNG | B | -2.53% | |
| ECO | A | -2.51% | |
| XPRO | B | -2.5% | |
| PTEN | C | -2.5% | |
| DHT | B | -2.5% | |
| INSW | B | -2.49% | |
| PUMP | B | -2.48% | |
| NVGS | C | -2.42% | |
| TNK | B | -2.36% | |
| NAT | D | -2.25% |
DRIP: Top Represented Industries & Keywords
PXJ: Top Represented Industries & Keywords
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