Two fundamentally weighted/quantitative approaches to the Industrials sector also exist, those being First Trust Industrials AlphaDEX (NYSEArca: FXR) and PowerShares Dynamic Industrials Sector (NYSEArca: PRN).
In the trailing one year period, only one of the aforementioned funds has produced a positive return, and that is IYJ which is up 0.36%. XLI has lost 0.19% during this timeframe, followed by RGI (-0.78%), VIS (-0.98%), FXR (-1.94%), and PRN (-2.68%).
It is safe to say that in the trailing one year period, the market cap weighted approaches have trumped the fundamentally/quantitative methodologies in the Industrials sector but year to date it is a different story as FXR leads the pack by more than 100 basis points, having rallied 12.06%.
SPDR Industrials
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