As ETFs such as XLE and VDE broke-out late last week, PXI joined the party and ran to a new all-time high of its own. This month, the ETF is up 5% and has been seen with some of the other PowerShares ETFs that made the transition to Dorsey Wright indices, that swap has been rewarding for PXI investors as the ETF is up more than 7% since Feb. 19. [An Alternative Momentum ETF]

PowerShares DWA Energy Momentum Portfolio