PXE vs. MLPA ETF Comparison
Comparison of PowerShares Dynamic Energy E&P (PXE) to Global X MLP ETF (MLPA)
PXE
PowerShares Dynamic Energy E&P
PXE Description
The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production 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 composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$32.44
Average Daily Volume
41,950
29
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.Grade (RS Rating)
Last Trade
$50.32
Average Daily Volume
98,696
18
Performance
| Period | PXE | MLPA |
|---|---|---|
| 30 Days | 7.36% | 7.35% |
| 60 Days | 6.55% | 6.97% |
| 90 Days | 2.35% | 7.87% |
| 12 Months | 6.49% | 20.11% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PXE | Weight in MLPA | Overlap |
|---|
PXE Overweight 29 Positions Relative to MLPA
| Symbol | Grade | Weight | |
|---|---|---|---|
| CTRA | B | 5.25% | |
| EOG | A | 5.25% | |
| OVV | B | 5.17% | |
| VLO | C | 4.96% | |
| PSX | C | 4.83% | |
| FANG | C | 4.68% | |
| MPC | D | 4.65% | |
| DVN | F | 4.41% | |
| CNX | A | 3.81% | |
| CRGY | B | 3.33% | |
| RRC | B | 3.08% | |
| GPOR | B | 3.07% | |
| CRC | A | 3.05% | |
| MGY | A | 2.91% | |
| MTDR | B | 2.81% | |
| NOG | B | 2.8% | |
| NFG | A | 2.8% | |
| GRNT | B | 2.78% | |
| DK | C | 2.61% | |
| SM | B | 2.61% | |
| PBF | D | 2.6% | |
| HPK | B | 2.5% | |
| DINO | D | 2.45% | |
| CHRD | D | 2.42% | |
| MUR | D | 2.4% | |
| CIVI | D | 2.34% | |
| VTLE | C | 2.33% | |
| PARR | F | 2.2% | |
| CVI | F | 2.1% |
PXE Underweight 18 Positions Relative to MLPA
PXE: Top Represented Industries & Keywords
MLPA: Top Represented Industries & Keywords
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