Stoyan Bojinov of ETFdb on the PowerShares DWA Technical Leaders ETFs (PDP, PIE, PIZ, DWAS):
Countless investors have embraced ETFs in their portfolios thanks to the cost-efficient and easy-to-use nature of these financial instruments. Aside from serving as excellent core building blocks in long-term and retirement-themed portfolios, ETFs have also gained popularity among investors seeking out tactical exposure. One particular breed of products from industry veteran PowerShares has continued to slip under the radar for many, although a closer look under the hood reveals some attractive opportunities.
Invesco PowerShares offers a suite of “Technical Leaders” ETFs which target a number of popular asset classes with a twist; these products employ a proprietary methodology that allows them to sort through thousands of securities and narrow down their basket of holdings to only the ones which satisfy certain criteria. The result is a shallower portfolio that is deemed to hold only the strongest components from each respective universe based on relative performance measures.
Click here for the whole article and for the performance comparisons of the ETFs verses their benchmarks.
See www.powershares.com for more information.
