SLX vs. PYZ ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to PowerShares Dynamic Basic Materials (PYZ)
SLX
Market Vectors Steel Index ETF Fund
SLX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.
Grade (RS Rating)
Last Trade
$70.72
Average Daily Volume
10,409
26
PYZ
PowerShares Dynamic Basic Materials
PYZ Description
The PowerShares Dynamic Basic Materials Sector Portfolio (Fund) is based on the Dynamic Basic Materials 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 US basic materials companies. These are companies that are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$96.81
Average Daily Volume
2,426
47
Performance
| Period | SLX | PYZ |
|---|---|---|
| 30 Days | 2.50% | -0.88% |
| 60 Days | 4.99% | 3.68% |
| 90 Days | 6.41% | 8.01% |
| 12 Months | 4.58% | 23.64% |
SLX Overweight 21 Positions Relative to PYZ
SLX Underweight 42 Positions Relative to PYZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| RPM | B | -4.44% | |
| APD | A | -3.84% | |
| LIN | D | -3.74% | |
| AVY | D | -3.57% | |
| EMN | D | -2.74% | |
| CF | A | -2.7% | |
| LPX | B | -2.67% | |
| SLVM | B | -2.43% | |
| SUM | B | -2.37% | |
| UEC | B | -2.34% | |
| IP | A | -2.29% | |
| AA | A | -2.25% | |
| CBT | C | -2.13% | |
| CDE | C | -2.13% | |
| AVNT | B | -2.11% | |
| CTVA | C | -1.97% | |
| VVV | D | -1.94% | |
| ESI | B | -1.94% | |
| ECL | D | -1.92% | |
| WLK | F | -1.83% | |
| FCX | F | -1.8% | |
| PCT | B | -1.79% | |
| RGLD | C | -1.76% | |
| DD | D | -1.75% | |
| SMG | C | -1.74% | |
| CENX | B | -1.73% | |
| NEM | D | -1.71% | |
| LYB | F | -1.68% | |
| IFF | D | -1.63% | |
| MP | C | -1.61% | |
| HL | C | -1.56% | |
| HWKN | B | -1.48% | |
| DOW | F | -1.47% | |
| PRM | C | -1.36% | |
| BCPC | B | -1.28% | |
| FUL | F | -1.18% | |
| MTRN | C | -1.12% | |
| MTX | C | -1.08% | |
| NEU | D | -1.05% | |
| IOSP | C | -1.01% | |
| SXT | C | -0.96% | |
| WOR | F | -0.9% |
SLX: Top Represented Industries & Keywords
PYZ: Top Represented Industries & Keywords
Compare ETFs
