Continuing a pretend fund - a very simple one. An occasional looking deeper.
As of mid-June 2011.
Lists of shared components, (all low % of each ETF, each is five percent of a holdings at the most within its entity)
4: Nothing in all 4 (you'll notice that we count XPH as drugs seperately from the Powershares vehicles.)
3: 11 Within PDF,PFM & PIV: ( BF.B, CHRW, GWW, HRL, MCD, MO, ROP, SHW, SIAL, UTX, VFC ) Of these eleven, McDonalds is 4% by being 1% in PIV and three of PFM.
Within PWC, PFM & PIV (CVX - Chevron) Works out as 5+4 percents from about 95k shares and 77k shares in PFM & PWC respectively, and a scrap only in PIV.
2: pairs. About seventy-five or so (Missed at least RL in a tally) Since there are
413 equities here, that's 0.19 rough (anti)correlation - more about that later.