PSL vs. IVES ETF Comparison
Comparison of PowerShares Dynamic Consumer Staples (PSL) to Wedbush ETFMG Global Cloud Technology ETF (IVES)
PSL
PowerShares Dynamic Consumer Staples
PSL Description
The PowerShares Dynamic Consumer Staples Sector Portfolio (Fund) is based on the Dynamic Consumer Staples 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 common stocks of 60 US consumer staples companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$107.56
Average Daily Volume
2,465
42
IVES
Wedbush ETFMG Global Cloud Technology ETF
IVES Description
The Wedbush ETFMG Global Cloud Technology ETF (IVES) largely holds the “undercover gems” of cloud-based technology. The Fund’s investment objective seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Dan Ives Global Cloud Technology Prime Index. The Dan Ives Global Cloud Technology Prime Index (the “Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of cloud technology companies. The Index is designed to include the securities of companies across the globe engaged in providing infrastructure, equipment, connectivity, data back-up and storage services as well as data center management for enterprise-based software applications. Additionally, the constituents engaged in providing cloud-based software platforms that enable businesses to move data and software applications onto the cloud – cloud-enabling Software as a Service (SaaS) technologies. These companies are known collectively as “Cloud Technology Companies.”Grade (RS Rating)
Last Trade
$49.21
Average Daily Volume
1,131
36
Performance
Period | PSL | IVES |
---|---|---|
30 Days | 6.20% | 7.17% |
60 Days | 5.94% | 5.41% |
90 Days | 7.10% | 7.27% |
12 Months | 27.80% | 43.26% |
0 Overlapping Holdings
Symbol | Grade | Weight in PSL | Weight in IVES | Overlap |
---|
PSL Overweight 42 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
SFM | A | 4.04% | |
CHD | A | 3.56% | |
MO | A | 3.56% | |
CASY | A | 3.32% | |
SCI | B | 3.27% | |
COST | A | 3.23% | |
FRPT | A | 3.19% | |
MNST | C | 3.14% | |
PG | C | 2.98% | |
KR | B | 2.97% | |
USFD | A | 2.92% | |
BRBR | A | 2.84% | |
ATGE | B | 2.79% | |
HRB | D | 2.74% | |
LRN | A | 2.68% | |
PM | B | 2.68% | |
KDP | F | 2.63% | |
CALM | A | 2.61% | |
BJ | A | 2.59% | |
PEP | F | 2.34% | |
COKE | C | 2.34% | |
PFGC | B | 2.13% | |
TAP | C | 2.08% | |
LAUR | A | 2.07% | |
INGR | C | 2.0% | |
UNFI | A | 1.98% | |
SYY | D | 1.97% | |
SPB | C | 1.96% | |
MDLZ | F | 1.95% | |
LOPE | C | 1.83% | |
HSY | F | 1.8% | |
PRDO | B | 1.78% | |
STZ | D | 1.76% | |
POST | C | 1.76% | |
WDFC | B | 1.69% | |
VITL | D | 1.68% | |
IPAR | B | 1.61% | |
BFAM | D | 1.61% | |
STRA | C | 1.49% | |
CHEF | A | 1.48% | |
HAIN | D | 1.41% | |
KLG | B | 1.35% |
PSL Underweight 36 Positions Relative to IVES
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | A | -3.08% | |
CFLT | B | -2.89% | |
MRVL | B | -2.71% | |
GTLB | B | -2.56% | |
NVDA | B | -2.55% | |
APPN | B | -2.53% | |
VRT | B | -2.52% | |
DELL | B | -2.43% | |
AMZN | C | -2.4% | |
CDNS | B | -2.38% | |
SNPS | B | -2.38% | |
ORCL | A | -2.38% | |
MDB | B | -2.36% | |
SNOW | B | -2.35% | |
GOOGL | C | -2.33% | |
INTC | C | -2.29% | |
CIEN | C | -2.28% | |
HPE | B | -2.26% | |
HPQ | B | -2.21% | |
MSFT | D | -2.18% | |
MU | D | -2.18% | |
DDOG | A | -2.16% | |
HCP | B | -2.15% | |
AVGO | D | -2.14% | |
ANET | C | -2.14% | |
JNPR | D | -2.13% | |
AAPL | C | -2.12% | |
NTAP | C | -2.1% | |
QCOM | F | -2.08% | |
WDC | D | -2.07% | |
IBM | C | -2.0% | |
DOCN | C | -1.92% | |
AMD | F | -1.8% | |
BABA | D | -1.7% | |
MPWR | F | -1.48% | |
SMCI | F | -1.13% |
PSL: Top Represented Industries & Keywords
IVES: Top Represented Industries & Keywords