Looking Under the Hood of the PowerShares DWA Energy Momentum Portfolio ETF (PXI) $PXI

There is one singular reason that I invest in ETFs instead of mutual funds. That reason is transparency. I like the fact that I can look at an ETFs website and/or prospectus and in relatively short order know exactly what it will cost me (expense ratio), how much it will cost to buy and sell it (transaction costs) and what’s in it (holdings). As a new financial blogger, it was brought to my attention that I may not be transparent enough myself. Most folks probably haven’t heard of the PowerShares DWA Energy Momentum Portfolio ETF PXI, and definitely wouldn’t know why The Deep Value ETF Accumulator invests in it. That will be my purpose today; to look under the hood of PXI and discover why I see value in this ETF. Continue reading “Looking Under the Hood of the PowerShares DWA Energy Momentum Portfolio ETF (PXI) $PXI