Premium Access    ETF Search:   

PowerShares Dynamic Software (PSJ) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price75.01
Volume15k
Avg Vol17k
RSf95.7
$Vol(21d)2m
52 wk High75.90
52 wk Low53.26
Inception:Jun 2005
(as of 2018-05-18)
Total Returns:
1 day0.9%
5 day-0.4%
1 month3.4%
3 month9.4%
6 month16.8%
9 month28.9%
1 year39.6%
 
Compare Funds:
Correlated Group: Technology (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
Ishares S&P Software Index FundIGV0.92  
First Trust DJ Internet IndexFDN0.89  
First Trust Technology AlphaDEX FundFXL0.89  
iShares S&P Technology Index FundIGM0.87  
Innovator IBD 50 FundFFTY0.87  
Guggenheim S&P Equal Weight Technology ETFRYT0.87  
PowerShares Russell MidCap Pure GrowthPXMG0.87  
First Trust ISE Cloud Computing Index ETFSKYY0.87  
Fidelity MSCI Information TechFTEC0.87  
Vanguard Information TechnologyVGT0.86  
Least Correlated
Teucrium Wheat Fund ETFWEAT0.01  
iShares S&P New York Municipal Bond FundNYF0.01  
PowerShares DB Gold FundDGL0.01  
PowerShares Insured National Municipal Bond PPZA0.01  
iShares Core Total US Bond Mkt ETFAGG0.00  
iShares Barclays Short Treasury Bond FundSHV0.00  
Goldman Sachs Treasury Access 0-1 Year ETFGBIL-0.00  
iShares COMEX GoldIAU-0.01  
PIMCO 15+ Year US TIPS Index ETFLTPZ-0.01  
SPDR Portfolio Agg BondsSPAB-0.01  
Most Inversely Correlated
Proshares UltraShort Russell2000TWM-0.76  
Direxion Small Cap Bear 3X SharesTZA-0.76  
Direxion S&P 500 Bear 3X SharesSPXS-0.76  
ProShares UltraPro Short S&P 500SPXU-0.76  
Proshares UltraShort S&P500SDS-0.77  
ProShares Short S&P 500SH-0.77  
Direxion Daily Semiconductor Bear 3x SharesSOXS-0.78  
Proshares UltraShort QQQQID-0.84  
ProShares Short QQQPSQ-0.84  
ProShares UltraPro Short QQQSQQQ-0.84  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2018-05-18.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite