EMM vs. PID ETF Comparison
Comparison of Global X Emerging Markets ETF (EMM) to PowerShares Intl Dividend Achievers (PID)
EMM
Global X Emerging Markets ETF
EMM Description
EMM seeks long-term capital growth by investing in companies believed to be able to achieve and maintain a leading position within their respective country, region, industry, products produce, or services provided. The belief is that emerging markets have the potential for higher levels of growth based on the occurrence of socio-economic changes. Thus, an opportunistic approach to investing in companies considered to be best positioned to benefit from these changes. The funds investable universe is limited to emerging market stocks that meet minimum trading volume and market capitalization requirements. The selection process also considers advantageous-competitive strategies and share-holder beneficial practices and philosophies. The portfolio is constructed using a bottom-up fundamental analysis, subject to a risk management framework. The fund may engage in active and frequent trading. On May 15, 2023, EMM converted from a mutual fund to an actively managed ETF, with $18 million in assets.
Grade (RS Rating)
Last Trade
$27.36
Average Daily Volume
6,556
10
PID
PowerShares Intl Dividend Achievers
PID Description
The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.Grade (RS Rating)
Last Trade
$19.27
Average Daily Volume
75,916
23
Performance
Period | EMM | PID |
---|---|---|
30 Days | -3.55% | -3.03% |
60 Days | -3.37% | -2.33% |
90 Days | -4.93% | -0.52% |
12 Months | 10.24% | 15.24% |
1 Overlapping Holdings
Symbol | Grade | Weight in EMM | Weight in PID | Overlap | |
---|---|---|---|---|---|
GFI | D | 0.92% | 2.43% | 0.92% |
EMM Underweight 22 Positions Relative to PID
Symbol | Grade | Weight | |
---|---|---|---|
BTI | B | -4.03% | |
NGG | D | -3.9% | |
KOF | F | -3.81% | |
PHI | D | -3.4% | |
TD | D | -2.78% | |
SNY | F | -2.51% | |
DEO | F | -2.31% | |
OTEX | F | -2.27% | |
MUFG | B | -2.27% | |
SMFG | B | -2.23% | |
NVS | F | -2.12% | |
PSO | B | -1.85% | |
INFY | C | -1.76% | |
DOX | D | -1.63% | |
CNI | F | -1.51% | |
RELX | D | -1.28% | |
RBA | A | -1.12% | |
WTW | B | -1.01% | |
SAP | B | -0.92% | |
LOGI | D | -0.88% | |
NVO | F | -0.6% | |
WCN | A | -0.49% |
EMM: Top Represented Industries & Keywords
PID: Top Represented Industries & Keywords