RNEW vs. PXJ ETF Comparison
Comparison of VanEck Green Infrastructure ETF (RNEW) to PowerShares Dynamic Oil Services (PXJ)
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
132
39
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
$30.16
Average Daily Volume
24,235
28
Performance
Period | RNEW | PXJ |
---|---|---|
30 Days | 4.52% | 7.52% |
60 Days | 1.13% | 1.80% |
90 Days | -0.95% | -0.92% |
12 Months | 12.92% | 7.65% |
0 Overlapping Holdings
Symbol | Grade | Weight in RNEW | Weight in PXJ | Overlap |
---|
RNEW Overweight 39 Positions Relative to PXJ
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | B | 9.97% | |
LNG | A | 6.86% | |
PWR | A | 6.03% | |
CLH | C | 6.0% | |
RSG | A | 5.71% | |
WM | B | 5.62% | |
ECL | D | 5.24% | |
DCI | B | 4.93% | |
RIVN | F | 4.73% | |
BWA | D | 4.14% | |
FSLR | F | 3.26% | |
CWST | A | 3.22% | |
IDA | A | 3.11% | |
ITRI | C | 2.99% | |
SWX | B | 2.9% | |
LCID | F | 2.83% | |
ORA | B | 2.65% | |
ENPH | F | 2.39% | |
NWE | B | 1.77% | |
BE | B | 1.62% | |
CWEN | C | 1.21% | |
RUN | F | 1.19% | |
NFE | D | 1.05% | |
NEP | F | 0.85% | |
PLUG | F | 0.77% | |
SPH | C | 0.63% | |
ERII | D | 0.6% | |
ARRY | F | 0.53% | |
SHLS | F | 0.52% | |
AMRC | F | 0.52% | |
REX | D | 0.45% | |
MNTK | F | 0.4% | |
MEG | F | 0.39% | |
GPRE | F | 0.38% | |
CLNE | F | 0.36% | |
AMPS | C | 0.29% | |
CHPT | F | 0.27% | |
NOVA | F | 0.23% | |
SES | F | 0.06% |
RNEW Underweight 28 Positions Relative to PXJ
Symbol | Grade | Weight | |
---|---|---|---|
BKR | A | -6.39% | |
FTI | A | -5.59% | |
SLB | C | -5.07% | |
HAL | C | -5.06% | |
PTEN | C | -4.72% | |
NOV | C | -4.7% | |
WFRD | D | -4.07% | |
WTTR | A | -3.51% | |
AROC | A | -3.4% | |
WHD | B | -3.12% | |
USAC | B | -3.02% | |
TDW | F | -2.99% | |
CLB | B | -2.98% | |
OII | B | -2.91% | |
HP | C | -2.88% | |
DHT | F | -2.86% | |
ACDC | B | -2.85% | |
NVGS | D | -2.8% | |
VTOL | B | -2.77% | |
PUMP | C | -2.76% | |
RES | D | -2.63% | |
NBR | C | -2.61% | |
HLX | B | -2.58% | |
LBRT | D | -2.48% | |
INSW | F | -2.41% | |
ECO | F | -2.28% | |
STNG | F | -2.2% | |
LPG | F | -2.0% |
RNEW: Top Represented Industries & Keywords
PXJ: Top Represented Industries & Keywords