ETF Quote Details
|NAV (month end)||43.82|
|Premium (+)/Discount (-) (month end)||+2.33|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.52 (1.13%)|
The NASDAQ US BuyBack Achievers Index comprises of US securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in the trailing 12 months.
The PowerShares BuyBack Achievers Portfolio is based on the NASDAQ US BuyBack Achievers Index. The Fund invests at least 90% of its total assets in common stocks that comprise the Index.