DirecTV is also a top-10 holding in the PowerShares Buyback Achievers Portfolio (NYSEArca: PKW), but at a weight of just 2.3%. Along with other discretionary ETFs, PBS has struggled this year, but the ETF has been one of the best funds tracking discretionary stocks over the past several years. Since the March 2009 market bottom, PBS has more than quadrupled. [Discretionary ETFs Slide]
Other top-10 holdings in PBS include Walt Disney (NYSE: DIS), Google (NasdaqGS: GOOG) and Facebook (NasdaqGS: FB).
PowerShares Dynamic Media Portfolio
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Google and Facebook.