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  • ETF
  • PIE
    Pricing Data
    Change: $0.16 (0.01%)
    Time: 10/19/16
    Previous Close: $16.10
  • Category
  • Emerging Markets Equities
Last Updated:



Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $13.09
  • 52 Week Hi: $16.68
  • AUM: $182.9 M
  • Shares: 11.4 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 111,322
  • 3 Month Avg. Volume: 96,503

Alternative ETFs in the Emerging Markets Equities Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF offers exposure to emerging market economies, standing out as a potential alternative to cap-weighted products such as EEM or VWO. Instead of simply including the largest emerging market stocks, PIE screens potential components based on relative strength factors, selecting approximately 100 securities. For investors who buy into the investment thesis behind the relative strength strategy, PIE might make for a better way to access emerging economies. The methodology may also be appealing because it avoids the concentration issues that can plague cap-weighted products; though PIE has only 100 or so components, exposure is spread very evenly across the names that make up the portfolio. It's also likely to have a bigger allocation to small caps and mid caps, while EEM and VWO are primarily comprised of large cap stocks. The biggest drawback of PIE is the expenses; the management fee is considerably higher than low cost options such as VWO, and the potentially higher turnover may lead to less-than-optimal tax efficiency. If you buy the relative strength methodology, PIE might be very attractive. Otherwise, there are a number of alternatives, including the equal-weighted EWEM or the RAFI-weighted PXH.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for PIE on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Emerging Markets Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

PIE Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ EEM
Expenses C SCHE

Knowledge Centers

PIE In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

PIE Holdings

Filings Data as of: Oct 04, 2016
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Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 99.42%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 0.58%
Other 0.0%

Sector Breakdown

Sector Percentage
Technology 17.44%
Consumer Defensive 14.15%
Financial Services 13.27%
Industrials 12.91%
Consumer Cyclical 11.6%
Real Estate 9.46%
Health Care 8.38%
Utilities 7.11%
Basic Materials 3.2%
Energy 1.34%
Communication Services 0.55%

Market Cap Breakdown

Market Cap Percentage
Giant 15.49%
Large 30.79%
Medium 27.38%
Small 4.18%
Micro 0.0%

Region Breakdown

Region Percentage
Asia (Emerging) 60.16%
Asia (Developed) 20.74%
Africa 10.29%
Latin America 7.29%
Europe 0.94%
Middle East 0.0%
Japan 0.0%
Australia 0.0%
Canada 0.0%
U.S. 0.0%

Market Tier Breakdown

Region Percentage
Emerging 77.74%
Developed 21.68%

Country Breakdown

Country Percentage
Thailand 22.6%
Malta 0.94%
Taiwan 20.74%
Philippines 19.81%
China 12.52%
South Africa 10.29%
Mexico 4.71%
Brazil 2.58%
Malaysia 2.36%
Indonesia 2.32%
Other 1.13%

PIE Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
ETF Wtd. Average
Category Average
Expense Ratio
Category Low
Category High

PIE Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Category Low
Category High
4 Week Return
Category Low
Category High
13 Week Return
Category Low
Category High
26 Week Return
Category Low
Category High
Year to Date Return
Category Low
Category High
1 Year Return
Category Low
Category High
3 Year Return
Category Low
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5 Year Return
Category Low
Category High

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The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of PIE relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

PIE Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Category Low
Category High

As of Jul 21 2016

PIE Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend Date
Annual Dividend Rate
Annual Dividend Yield
Category Low
Category High

As of Jul 21, 2016

PIE Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Category Low
Category High
20 Day Volatility
Category Low
Category High
50 Day Volatility
Category Low
Category High
200 Day Volatility
Category Low
Category High
Category Low
Category High
Standard Deviation
Category Low
Category High


  • 20 Day MA: $16.17
  • 60 Day MA: $16.24
  • MACD 15 Period: 0.16
  • MACD 100 Period: 0.30
  • Williams % Range 10 Day: 9.76
  • Williams % Range 20 Day: 36.21
  • RSI 10 Day: 57
  • RSI 20 Day: 52
  • RSI 30 Day: 52
  • Ultimate Oscillator: 53

Bollinger Brands

  • Lower Bollinger (10 Day): $15.52
  • Upper Bollinger (10 Day): $16.48
  • Lower Bollinger (20 Day): $15.66
  • Upper Bollinger (20 Day): $16.67
  • Lower Bollinger (30 Day): $15.61
  • Upper Bollinger (30 Day): $16.65

Support & Resistance

  • Support Level 1: $16.21
  • Support Level 2: $16.15
  • Resistance Level 1: $16.31
  • Resistance Level 2: $16.35


  • Stochastic Oscillator %D (1 Day): 50.19
  • Stochastic Oscillator %D (5 Day): 70.40
  • Stochastic Oscillator %K (1 Day): 47.14
  • Stochastic Oscillator %K (5 Day): 51.47

Fact Sheet

Fact sheets are issued by the ETF provider and framed by Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.