PSP vs. KOOL ETF Comparison
Comparison of PowerShares Listed Private Equity (PSP) to North Shore Equity Rotation ETF (KOOL)
PSP
PowerShares Listed Private Equity
PSP Description
The PowerShares Global Listed Private Equity Portfolio (Fund) is based on the Red Rocks Global Listed Private Equity Index (Index). The Fund will normally invest at least 90% of its total assets in securities, which may include American depository receipts and global depository receipts, that comprise the Index. The Index includes securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles whose principal business is to invest in, lend capital to or provide services to privately held companies (collectively, listed private equity companies). The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$67.28
Average Daily Volume
12,661
26
KOOL
North Shore Equity Rotation ETF
KOOL Description
KOOL aims to outperform the S&P 500 by dynamically allocating a global equity portfolio. The strategy aims to favor sectors historically known for strong performance across the business cycle phases: recession, recovery, expansion, and slowdown. It involves economic indicators and market trends, including current and forward-looking metrics to pinpoint these stages. This approach is reviewed monthly to ensure the portfolio remains aligned with changing economic conditions and market dynamics. Portfolio selection blends fundamental and technical analysis, along with top-down macroeconomic insights and industry trends such as GDP, employment, consumer spending, and inflation. To add, it also utilizes both buy- and sell-side research to finalize the composition. Up to 20% of the assets may comprise fixed-income securities and option contracts to generate income and manage risks. Moreover, it boosts income through securities lending and transaction fee collection. Investments may include ETFs.Grade (RS Rating)
Last Trade
$10.85
Average Daily Volume
9,985
19
Performance
| Period | PSP | KOOL |
|---|---|---|
| 30 Days | -0.18% | 1.49% |
| 60 Days | 3.71% | 2.94% |
| 90 Days | 10.94% | 6.68% |
| 12 Months | 49.98% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PSP | Weight in KOOL | Overlap | |
|---|---|---|---|---|---|
| TPG | A | 6.17% | 3.17% | 3.17% |
PSP Overweight 25 Positions Relative to KOOL
| Symbol | Grade | Weight | |
|---|---|---|---|
| BX | B | 5.4% | |
| KKR | B | 5.38% | |
| CG | B | 4.64% | |
| OWL | B | 4.0% | |
| ARCC | B | 3.15% | |
| HLNE | B | 2.8% | |
| STEP | B | 2.44% | |
| GHC | A | 1.21% | |
| IAC | F | 1.18% | |
| BBUC | B | 1.08% | |
| FSK | B | 0.95% | |
| GBDC | B | 0.73% | |
| BXSL | A | 0.73% | |
| CODI | C | 0.7% | |
| PX | B | 0.51% | |
| MAIN | A | 0.49% | |
| HTGC | B | 0.49% | |
| CNNE | A | 0.46% | |
| CSWC | D | 0.24% | |
| TSLX | C | 0.23% | |
| SLRC | B | 0.23% | |
| BCSF | A | 0.23% | |
| BBDC | C | 0.23% | |
| NMFC | F | 0.22% | |
| GSBD | D | 0.22% |
PSP Underweight 18 Positions Relative to KOOL
PSP: Top Represented Industries & Keywords
KOOL: Top Represented Industries & Keywords
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