Asset Class: Small Cap Growth
PowerShares NASDAQ Next-Q (PNXQ) ETF Snapshot
The PowerShares NXQ Portfolio (Fund) is based on the NASDAQ Q-50 Index (Index), which is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100. The Index reflects companies across major, non-financial industry groups and is rebalanced quarterly.
* Trading Characteristics Definitions Spread : The average dollar difference between the best bid and best offer across all exchanges for the specified time period, weighted by volume. *Spread : Is the monthly average of the daily spread. % Spread : The average spread amount divided by the average bid-ask midpoint, weighted by volume. Share Volume : Composite Volume - total number of shares traded on all exchanges and Nasdaq. Dollar Volume : Dollar amount of shares traded on each exchange for the specified symbol, based on the stocks average price for the time period specified.