FPXE vs. PIO ETF Comparison
Comparison of First Trust IPOX Europe Equity Opportunities ETF (FPXE) to PowerShares Global Water Portfolio (PIO)
FPXE
First Trust IPOX Europe Equity Opportunities ETF
FPXE Description
The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").
Grade (RS Rating)
Last Trade
$25.76
Average Daily Volume
267
23
PIO
PowerShares Global Water Portfolio
PIO Description
The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.Grade (RS Rating)
Last Trade
$43.34
Average Daily Volume
8,340
12
Performance
Period | FPXE | PIO |
---|---|---|
30 Days | 10.16% | 8.27% |
60 Days | 1.08% | 1.98% |
90 Days | 8.38% | 8.32% |
12 Months | 20.02% | 24.36% |
0 Overlapping Holdings
Symbol | Grade | Weight in FPXE | Weight in PIO | Overlap |
---|
FPXE Overweight 23 Positions Relative to PIO
Symbol | Grade | Weight | |
---|---|---|---|
NVT | B | 8.86% | |
ARM | F | 5.73% | |
SPOT | B | 3.42% | |
MNDY | F | 2.47% | |
HAFN | A | 2.0% | |
ONON | D | 1.84% | |
ICLR | D | 1.52% | |
CLBT | D | 1.05% | |
BIRK | C | 0.84% | |
ZGN | F | 0.44% | |
FROG | D | 0.34% | |
STVN | F | 0.28% | |
PHVS | F | 0.26% | |
JHG | A | 0.25% | |
CNTA | D | 0.2% | |
MRUS | C | 0.13% | |
IMCR | F | 0.13% | |
CMPS | F | 0.12% | |
SPNT | C | 0.1% | |
PAX | F | 0.09% | |
OSW | A | 0.07% | |
VTEX | F | 0.06% | |
IMTX | D | 0.05% |
FPXE: Top Represented Industries & Keywords
PIO: Top Represented Industries & Keywords