PIO vs. RNEW ETF Comparison
Comparison of PowerShares Global Water Portfolio (PIO) to VanEck Green Infrastructure ETF (RNEW)
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
$40.69
Average Daily Volume
7,623
Number of Holdings
*
12
* may have additional holdings in another (foreign) market
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.03
Average Daily Volume
234
Number of Holdings
*
10
* may have additional holdings in another (foreign) market
Performance
Period | PIO | RNEW |
---|---|---|
30 Days | -3.70% | -3.05% |
60 Days | -0.32% | 7.87% |
90 Days | -3.38% | 2.74% |
12 Months | 17.80% | -1.89% |
1 Overlapping Holdings
Symbol | Grade | Weight in PIO | Weight in RNEW | Overlap | |
---|---|---|---|---|---|
ECL | A | 4.35% | 5.59% | 4.35% |
PIO: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords
Industries:
Waste Management
Auto Parts
Diversified Industrials
Engineering & Construction
Oil & Gas Midstream
Semiconductor Equipment & Materials
Solar
Specialty Chemicals
Keywords:
S&P 500
Landfill
Recycling
Sustainability And Environmental Management
Waste
Waste Management
Disposal Services
Electricity
Emissions Systems
Energy Projects
Energy Solutions
Landfill Gas
Municipal Solid Waste
Natural Gas
Photovoltaic System
Photovoltaics
Power Systems
Renewable Energy Projects
Solar Power
Solar Power Systems