ETEC vs. PXJ ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to PowerShares Dynamic Oil Services (PXJ)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$19.76
Average Daily Volume
519
11
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
$30.16
Average Daily Volume
24,235
28
Performance
Period | ETEC | PXJ |
---|---|---|
30 Days | -3.35% | 7.52% |
60 Days | -6.11% | 1.80% |
90 Days | -3.59% | -0.92% |
12 Months | -7.07% | 7.65% |
0 Overlapping Holdings
Symbol | Grade | Weight in ETEC | Weight in PXJ | Overlap |
---|
ETEC Underweight 28 Positions Relative to PXJ
Symbol | Grade | Weight | |
---|---|---|---|
BKR | A | -6.39% | |
FTI | A | -5.59% | |
SLB | C | -5.07% | |
HAL | C | -5.06% | |
PTEN | C | -4.72% | |
NOV | C | -4.7% | |
WFRD | D | -4.07% | |
WTTR | A | -3.51% | |
AROC | A | -3.4% | |
WHD | B | -3.12% | |
USAC | B | -3.02% | |
TDW | F | -2.99% | |
CLB | B | -2.98% | |
OII | B | -2.91% | |
HP | C | -2.88% | |
DHT | F | -2.86% | |
ACDC | B | -2.85% | |
NVGS | C | -2.8% | |
VTOL | B | -2.77% | |
PUMP | C | -2.76% | |
RES | D | -2.63% | |
NBR | C | -2.61% | |
HLX | B | -2.58% | |
LBRT | D | -2.48% | |
INSW | F | -2.41% | |
ECO | F | -2.28% | |
STNG | F | -2.2% | |
LPG | F | -2.0% |
ETEC: Top Represented Industries & Keywords
PXJ: Top Represented Industries & Keywords