GDX vs. PID ETF Comparison
Comparison of Market Vectors Gold Miners ETF (GDX) to PowerShares Intl Dividend Achievers (PID)
GDX
Market Vectors Gold Miners ETF
GDX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$38.14
Average Daily Volume
22,170,607
9
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
$19.18
Average Daily Volume
75,916
23
Performance
Period | GDX | PID |
---|---|---|
30 Days | -13.50% | -3.03% |
60 Days | -5.85% | -2.33% |
90 Days | -3.05% | -0.52% |
12 Months | 32.53% | 15.24% |
1 Overlapping Holdings
Symbol | Grade | Weight in GDX | Weight in PID | Overlap | |
---|---|---|---|---|---|
GFI | D | 4.08% | 2.43% | 2.43% |
GDX 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% |
GDX: Top Represented Industries & Keywords
PID: Top Represented Industries & Keywords