PXI vs. DRIP ETF Comparison
Comparison of PowerShares Dynamic Energy (PXI) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)
PXI
PowerShares Dynamic Energy
PXI Description
The PowerShares Dynamic Energy Sector Portfolio (Fund) is based on the Dynamic Energy 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 stocks of 60 U.S. 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 Fund is rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$49.24
Average Daily Volume
5,848
38
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.Grade (RS Rating)
Last Trade
$8.52
Average Daily Volume
1,479,064
35
Performance
| Period | PXI | DRIP |
|---|---|---|
| 30 Days | 1.47% | -4.38% |
| 60 Days | 9.70% | -20.81% |
| 90 Days | 10.75% | -27.37% |
| 12 Months | 30.52% | -40.80% |
18 Overlapping Holdings
| Symbol | Grade | Weight in PXI | Weight in DRIP | Overlap | |
|---|---|---|---|---|---|
| COP | A | 2.53% | 2.49% | 2.49% | |
| CRC | B | 1.8% | 1.13% | 1.13% | |
| CVX | A | 2.05% | 2.35% | 2.05% | |
| DVN | B | 2.47% | 2.64% | 2.47% | |
| EOG | A | 2.41% | 2.71% | 2.41% | |
| FANG | A | 4.01% | 2.52% | 2.52% | |
| MGY | A | 2.2% | 0.62% | 0.62% | |
| MPC | B | 3.25% | 2.33% | 2.33% | |
| MRO | B | 2.4% | 2.49% | 2.4% | |
| MUR | A | 3.2% | 2.43% | 2.43% | |
| NOG | A | 2.11% | 0.54% | 0.54% | |
| OXY | B | 2.22% | 2.91% | 2.22% | |
| PARR | F | 1.99% | 0.3% | 0.3% | |
| PBF | B | 3.36% | 2.49% | 2.49% | |
| PSX | B | 1.96% | 2.19% | 1.96% | |
| SM | A | 1.71% | 1.98% | 1.71% | |
| VLO | B | 2.57% | 2.33% | 2.33% | |
| XOM | A | 2.5% | 2.37% | 2.37% |
PXI Overweight 20 Positions Relative to DRIP
PXI: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords
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