PIO vs. QCLN ETF Comparison
Comparison of PowerShares Global Water Portfolio (PIO) to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN)
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
$40.50
Average Daily Volume
8,835
Number of Holdings
*
12
* may have additional holdings in another (foreign) market
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
QCLN Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ(R) Clean Edge(R) Green Energy Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market capitalization-weighted index in which larger companies receive a larger Index weighting and includes caps to prevent high concentrations among larger alternative energy stocks. The fund is non-diversified.Grade (RS Rating)
Last Trade
$33.53
Average Daily Volume
88,533
Number of Holdings
*
46
* may have additional holdings in another (foreign) market
Performance
Period | PIO | QCLN |
---|---|---|
30 Days | -5.06% | -3.93% |
60 Days | -3.85% | -4.72% |
90 Days | -0.98% | 0.98% |
12 Months | 23.62% | -4.02% |
0 Overlapping Holdings
Symbol | Grade | Weight in PIO | Weight in QCLN | Overlap |
---|
PIO Underweight 46 Positions Relative to QCLN
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | A | -10.02% | |
ON | D | -7.88% | |
FSLR | C | -7.24% | |
ENPH | F | -5.68% | |
RIVN | F | -5.37% | |
AYI | A | -4.94% | |
ALB | C | -4.41% | |
OLED | F | -4.37% | |
LCID | F | -3.12% | |
ORA | B | -2.64% | |
ITRI | A | -2.55% | |
ALGM | F | -2.35% | |
HASI | B | -2.23% | |
AEIS | A | -2.22% | |
ENS | F | -2.15% | |
POWI | C | -1.96% | |
RUN | C | -1.72% | |
MP | B | -1.69% | |
FLNC | B | -1.49% | |
BE | D | -1.25% | |
CWEN | C | -1.25% | |
WOLF | D | -1.04% | |
NEP | F | -0.98% | |
PLUG | C | -0.96% | |
SQM | D | -0.85% | |
VICR | B | -0.84% | |
RNW | F | -0.78% | |
ASPN | F | -0.76% | |
AMRC | C | -0.56% | |
PSNY | F | -0.55% | |
SEDG | F | -0.53% | |
ARRY | D | -0.52% | |
AMSC | A | -0.49% | |
SHLS | F | -0.48% | |
MNTK | B | -0.44% | |
EOSE | B | -0.41% | |
NOVA | F | -0.37% | |
WLDN | B | -0.36% | |
CLNE | D | -0.34% | |
AMPS | C | -0.31% | |
CHPT | F | -0.29% | |
LYTS | A | -0.26% | |
LNZA | C | -0.19% | |
BLNK | C | -0.11% | |
WBX | F | -0.1% | |
TPIC | F | -0.09% |
PIO: Top Represented Industries & Keywords
QCLN: Top Represented Industries & Keywords
Industries:
Electronic Components
Solar
Auto Manufacturers
Semiconductors
Utilities - Independent Power Producers
Utilities - Renewable
Engineering & Construction
Semiconductor Equipment & Materials
Building Materials
Business Services
Chemicals
Conglomerates
Diversified Industrials
Oil & Gas Refining & Marketing
Other Industrial Metals & Mining
REIT - Diversified
Scientific & Technical Instruments
Specialty Chemicals
Utilities - Diversified
Utilities - Regulated Electric