RDFI vs. PID ETF Comparison
Comparison of Rareview Dynamic Fixed Income ETF (RDFI) to PowerShares Intl Dividend Achievers (PID)
RDFI
Rareview Dynamic Fixed Income ETF
RDFI Description
The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.
Grade (RS Rating)
Last Trade
$22.83
Average Daily Volume
3,032
29
PID
PowerShares Intl Dividend Achievers
PID Description
The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.Grade (RS Rating)
Last Trade
$18.86
Average Daily Volume
138,828
24
Performance
Period | RDFI | PID |
---|---|---|
30 Days | 2.10% | 5.52% |
60 Days | 0.83% | 2.55% |
90 Days | 1.75% | 6.00% |
12 Months | 8.10% | 5.68% |
0 Overlapping Holdings
Symbol | Grade | Weight in RDFI | Weight in PID | Overlap |
---|
RDFI Overweight 29 Positions Relative to PID
Symbol | Grade | Weight | |
---|---|---|---|
BIL | B | 8.77% | |
EMD | B | 5.71% | |
FPF | B | 5.69% | |
FAX | D | 4.62% | |
JPC | A | 4.37% | |
EDD | C | 4.15% | |
PDX | A | 3.39% | |
TEI | B | 3.23% | |
GHY | B | 2.84% | |
NVG | B | 2.54% | |
NZF | B | 2.5% | |
NAD | B | 2.25% | |
EAD | B | 2.09% | |
FTF | A | 1.68% | |
BLE | C | 1.52% | |
NPFD | B | 1.48% | |
NEA | B | 1.39% | |
MMU | B | 1.31% | |
IQI | B | 1.18% | |
ZROZ | F | 1.1% | |
VMO | B | 1.03% | |
MBB | C | 0.97% | |
ISD | B | 0.93% | |
VKQ | B | 0.71% | |
BTZ | C | 0.24% | |
IIM | B | 0.15% | |
MYI | D | 0.1% | |
MYD | D | 0.07% | |
MVF | A | 0.06% |
RDFI Underweight 24 Positions Relative to PID
Symbol | Grade | Weight | |
---|---|---|---|
AY | B | -4.72% | |
PHI | C | -4.09% | |
BTI | B | -3.95% | |
NGG | A | -3.92% | |
TD | D | -3.17% | |
SNY | B | -2.93% | |
GFI | C | -2.74% | |
KOF | B | -2.44% | |
SMFG | C | -2.31% | |
NVS | B | -2.28% | |
DEO | D | -1.75% | |
MUFG | C | -1.69% | |
PSO | D | -1.65% | |
OTEX | F | -1.44% | |
INFY | F | -1.3% | |
DOX | F | -1.27% | |
CNI | D | -1.23% | |
RELX | B | -1.09% | |
RBA | C | -0.95% | |
LOGI | C | -0.89% | |
SAP | C | -0.85% | |
WTW | D | -0.81% | |
NVO | B | -0.64% | |
WCN | D | -0.45% |
RDFI: Top Represented Industries & Keywords
PID: Top Represented Industries & Keywords