PXE vs. QQQA ETF Comparison
Comparison of PowerShares Dynamic Energy E&P (PXE) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)
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
$34.62
Average Daily Volume
49,058
29
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
QQQA Description
ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$42.26
Average Daily Volume
3,115
21
Performance
| Period | PXE | QQQA |
|---|---|---|
| 30 Days | -7.32% | -1.47% |
| 60 Days | 6.40% | -3.56% |
| 90 Days | 15.79% | 1.89% |
| 12 Months | 41.32% | 33.82% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PXE | Weight in QQQA | Overlap | |
|---|---|---|---|---|---|
| FANG | B | 5.03% | 4.83% | 4.83% |
PXE Overweight 28 Positions Relative to QQQA
| Symbol | Grade | Weight | |
|---|---|---|---|
| VLO | D | 5.34% | |
| DVN | B | 5.26% | |
| MPC | D | 5.25% | |
| EOG | B | 5.18% | |
| COP | C | 5.11% | |
| CTRA | B | 4.96% | |
| PSX | D | 4.62% | |
| CRK | B | 3.23% | |
| SM | B | 3.07% | |
| PBF | D | 2.92% | |
| GPOR | B | 2.91% | |
| CNX | B | 2.88% | |
| PR | B | 2.87% | |
| RRC | B | 2.87% | |
| MUR | B | 2.85% | |
| MRO | C | 2.83% | |
| OVV | B | 2.83% | |
| CHK | B | 2.81% | |
| CHRD | B | 2.64% | |
| MTDR | D | 2.64% | |
| NFG | A | 2.61% | |
| DK | F | 2.52% | |
| APA | F | 2.48% | |
| CRC | F | 2.45% | |
| CRGY | D | 2.36% | |
| DINO | F | 2.29% | |
| CVI | F | 2.25% | |
| PARR | F | 2.0% |
PXE Underweight 20 Positions Relative to QQQA
PXE: Top Represented Industries & Keywords
QQQA: Top Represented Industries & Keywords
Compare ETFs
