IMOM vs. PXJ ETF Comparison
Comparison of International Quantitative Momentum ETF (IMOM) to PowerShares Dynamic Oil Services (PXJ)
IMOM
International Quantitative Momentum ETF
IMOM Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily-generally greater than 80%, but at least 65% of its net assets, plus any borrowings for investment purposes-in equity securities of international companies that Empowered Funds, LLC ("the Adviser") believes, based on quantitative analysis, have positive momentum. A "momentum" style of investing emphasizes investing in securities that have had higher recent total return performance compared to other securities. It is non-diversified.
Grade (RS Rating)
Last Trade
$27.84
Average Daily Volume
5,341
6
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
$30.29
Average Daily Volume
25,218
28
Performance
Period | IMOM | PXJ |
---|---|---|
30 Days | -0.08% | 3.29% |
60 Days | -3.53% | -0.42% |
90 Days | -0.64% | -0.38% |
12 Months | 11.01% | 5.37% |
0 Overlapping Holdings
Symbol | Grade | Weight in IMOM | Weight in PXJ | Overlap |
---|
IMOM 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 | F | -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 | D | -2.86% | |
ACDC | C | -2.85% | |
NVGS | C | -2.8% | |
VTOL | B | -2.77% | |
PUMP | D | -2.76% | |
RES | D | -2.63% | |
NBR | D | -2.61% | |
HLX | B | -2.58% | |
LBRT | F | -2.48% | |
INSW | F | -2.41% | |
ECO | D | -2.28% | |
STNG | D | -2.2% | |
LPG | F | -2.0% |
IMOM: Top Represented Industries & Keywords
PXJ: Top Represented Industries & Keywords