PSCE vs. ABEQ ETF Comparison
Comparison of PowerShares S&P SmallCap Energy Portfolio (PSCE) to Absolute Core Strategy ETF (ABEQ)
PSCE
PowerShares S&P SmallCap Energy Portfolio
PSCE Description
The PowerShares S&P SmallCap Energy Portfolio (Fund) is based on the S&P SmallCap 600® Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US 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 Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$54.94
Average Daily Volume
40,372
26
ABEQ
Absolute Core Strategy ETF
ABEQ Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$30.33
Average Daily Volume
5,268
15
Performance
Period | PSCE | ABEQ |
---|---|---|
30 Days | -2.47% | 1.43% |
60 Days | -1.51% | -0.28% |
90 Days | 6.79% | 5.30% |
12 Months | 28.30% | 10.39% |
0 Overlapping Holdings
Symbol | Grade | Weight in PSCE | Weight in ABEQ | Overlap |
---|
PSCE Overweight 26 Positions Relative to ABEQ
Symbol | Grade | Weight | |
---|---|---|---|
SM | B | 9.96% | |
MGY | B | 8.19% | |
HP | F | 6.57% | |
NOG | B | 6.46% | |
LBRT | B | 6.28% | |
PTEN | F | 6.18% | |
AROC | B | 4.96% | |
CEIX | D | 4.74% | |
CRC | F | 4.41% | |
OII | B | 4.26% | |
BTU | F | 3.91% | |
HLX | B | 2.96% | |
LPG | B | 2.92% | |
TALO | F | 2.87% | |
PARR | F | 2.86% | |
GPRE | F | 2.22% | |
SLCA | B | 2.22% | |
CRK | C | 1.86% | |
VTOL | A | 1.62% | |
CVI | F | 1.61% | |
CLB | F | 1.58% | |
REX | B | 1.58% | |
PUMP | B | 1.51% | |
NBR | F | 1.22% | |
DRQ | F | 1.16% | |
RES | F | 1.07% |
PSCE: Top Represented Industries & Keywords
ABEQ: Top Represented Industries & Keywords