PID vs. AFK ETF Comparison
Comparison of PowerShares Intl Dividend Achievers (PID) to Market Vectors-Africa Index ETF (AFK)
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
$18.18
Average Daily Volume
150,314
24
AFK
Market Vectors-Africa Index ETF
AFK Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® GDP Africa Index. The fund invests at least 80% of total assets in securities that comprise the index. The index is comprised of African companies. The index includes local listings of companies that are incorporated in Africa and offshore listings of companies incorporated outside of Africa that generate at least 50% of their revenues in Africa. The weighting of each country in the index is determined by the size of its GDP relative to the GDPs of the other countries represented in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$15.21
Average Daily Volume
12,621
9
Performance
Period | PID | AFK |
---|---|---|
30 Days | -0.60% | 2.01% |
60 Days | 0.68% | 14.10% |
90 Days | 1.07% | 14.79% |
12 Months | 5.04% | -0.08% |
1 Overlapping Holdings
Symbol | Grade | Weight in PID | Weight in AFK | Overlap | |
---|---|---|---|---|---|
GFI | B | 3.06% | 2.5% | 2.5% |
PID Overweight 23 Positions Relative to AFK
PID: Top Represented Industries & Keywords
AFK: Top Represented Industries & Keywords