MLPA vs. PXI ETF Comparison
Comparison of Global X MLP ETF (MLPA) to PowerShares Dynamic Energy (PXI)
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$50.17
Average Daily Volume
97,317
18
PXI
PowerShares Dynamic Energy
PXI Description
The PowerShares Dynamic Energy Sector Portfolio (Fund) is based on the Dynamic Energy Sector 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 comprised of stocks of 60 U.S. energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$50.25
Average Daily Volume
5,344
40
Performance
Period | MLPA | PXI |
---|---|---|
30 Days | 6.05% | 11.44% |
60 Days | 5.49% | 13.89% |
90 Days | 6.81% | 12.10% |
12 Months | 18.92% | 16.87% |
0 Overlapping Holdings
Symbol | Grade | Weight in MLPA | Weight in PXI | Overlap |
---|
MLPA Underweight 40 Positions Relative to PXI
Symbol | Grade | Weight | |
---|---|---|---|
TPL | A | -9.51% | |
TRGP | A | -7.47% | |
WFRD | F | -5.33% | |
FANG | C | -3.58% | |
AMR | C | -3.3% | |
MPC | C | -3.24% | |
WMB | A | -3.07% | |
PR | B | -2.82% | |
KMI | A | -2.72% | |
CNX | A | -2.33% | |
XOM | A | -2.31% | |
EOG | A | -2.3% | |
CEIX | B | -2.3% | |
KNTK | A | -2.23% | |
VLO | C | -2.23% | |
COP | B | -2.17% | |
GPOR | A | -2.11% | |
CVX | A | -1.99% | |
BKR | A | -1.93% | |
NOG | A | -1.91% | |
CHRD | F | -1.91% | |
AROC | A | -1.88% | |
DVN | F | -1.84% | |
DTM | A | -1.81% | |
CRK | A | -1.79% | |
HCC | B | -1.78% | |
WHD | B | -1.78% | |
SM | C | -1.75% | |
WTTR | A | -1.71% | |
OXY | D | -1.7% | |
CRC | A | -1.69% | |
PSX | C | -1.63% | |
MGY | A | -1.58% | |
RIG | D | -1.54% | |
AM | A | -1.46% | |
DINO | D | -1.46% | |
LBRT | F | -1.38% | |
OII | B | -1.38% | |
HLX | B | -1.31% | |
TDW | F | -1.26% |
MLPA: Top Represented Industries & Keywords
PXI: Top Represented Industries & Keywords