PXJ vs. BOAT ETF Comparison
Comparison of PowerShares Dynamic Oil Services (PXJ) to SonicShares Global Shipping ETF (BOAT)
PXJ
PowerShares Dynamic Oil Services
PXJ Description
The PowerShares Dynamic Oil & Gas Services Portfolio (Fund) is based on the Dynamic Oil & Gas Services 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 that assist in the production, processing and distribution of oil and gas. The Underlying Intellidex Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.
Grade (RS Rating)
Last Trade
$27.11
Average Daily Volume
56,409
28
BOAT
SonicShares Global Shipping ETF
BOAT Description
The investment seeks to track the performance, before fees and expenses, of the Solactive Global Shipping Index. The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Under normal circumstances, at least 80% of the fund?s net assets, plus borrowings for investment purposes, will be invested in Global Shipping Companies. It also may invest in securities or other investments not included in the index, but which the fund?s investment adviser believes will help it track the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$32.40
Average Daily Volume
10,698
23
Performance
Period | PXJ | BOAT |
---|---|---|
30 Days | -9.21% | -9.64% |
60 Days | -11.11% | -2.39% |
90 Days | -11.22% | 0.32% |
12 Months | -8.98% | 20.48% |
PXJ Overweight 22 Positions Relative to BOAT
PXJ: Top Represented Industries & Keywords
BOAT: Top Represented Industries & Keywords