APIE vs. PXF ETF Comparison

Comparison of Trust for Professional Managers ActivePassive International Equity ETF (APIE) to PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (PXF)

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.77

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

PXF

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

PXF Description

The PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Index ND (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of the largest developed market equities (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$49.02

Average Daily Volume

57,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APIE	PXF
30 Days	-4.19%	-2.88%
60 Days	-3.36%	-4.88%
90 Days	-3.32%	-4.63%
12 Months	11.90%	12.34%

19 Overlapping Holdings

Symbol	Grade	Weight in APIE	Weight in PXF	Overlap
ABBV	F	0.37%	0.23%	0.23%
BCS	A	0.81%	0.8%	0.8%
DEO	F	0.72%	0.2%	0.2%
E	F	0.31%	0.45%	0.31%
GOLD	C	0.05%	0.2%	0.05%
HMC	F	0.53%	0.32%	0.32%
KB	B	0.22%	0.12%	0.12%
LOGI	D	0.25%	0.02%	0.02%
LPL	D	0.02%	0.02%	0.02%
LYG	D	0.44%	0.29%	0.29%
MFG	A	0.41%	0.51%	0.41%
MUFG	B	0.58%	0.88%	0.58%
NMR	B	0.3%	0.15%	0.15%
NVS	F	1.33%	0.73%	0.73%
SHG	C	0.28%	0.06%	0.06%
SMFG	B	0.59%	0.72%	0.59%
SW	A	0.08%	0.09%	0.08%
TM	F	1.2%	1.0%	1.0%
UL	D	1.28%	0.69%	0.69%

APIE Overweight 193 Positions Relative to PXF

Symbol	Grade	Weight
TSM	B	5.96%
SAP	B	1.98%
RELX	D	1.54%
NVO	F	1.45%
AZN	F	1.25%
ASML	F	1.22%
BABA	D	1.19%
HSBC	A	1.18%
HDB	C	0.96%
BTI	B	0.92%
TAK	D	0.79%
BHP	F	0.75%
SNY	F	0.72%
BP	D	0.69%
RIO	D	0.68%
IX	F	0.66%
GSK	F	0.66%
BUD	F	0.65%
TTE	F	0.6%
SAN	D	0.53%
INFY	C	0.53%
NGG	D	0.52%
IBN	C	0.51%
PDD	F	0.5%
BBVA	D	0.49%
ING	F	0.46%
PHG	C	0.46%
NWG	A	0.43%
IHG	A	0.39%
JD	D	0.38%
TEF	C	0.37%
MT	B	0.35%
ERIC	C	0.34%
AON	A	0.34%
PSO	B	0.33%
NOK	D	0.32%
ACN	B	0.31%
CHKP	C	0.31%
VOD	F	0.3%
HLN	C	0.29%
TCOM	B	0.29%
SKM	C	0.29%
RDY	F	0.27%
SNN	D	0.26%
RTO	C	0.26%
KT	A	0.25%
VALE	F	0.23%
JHX	D	0.21%
GLPG	F	0.2%
FMS	A	0.19%
EQNR	C	0.19%
PBR	D	0.17%
ITUB	F	0.16%
ASX	D	0.16%
SE	A	0.15%
WPP	C	0.15%
WIT	B	0.14%
TEVA	C	0.14%
DOOO	F	0.13%
UMC	F	0.13%
ERJ	A	0.13%
ABEV	F	0.12%
CRTO	D	0.12%
NTES	D	0.12%
CUK	A	0.12%
WF	C	0.12%
FINV	B	0.11%
BBD	D	0.1%
ARGX	B	0.1%
ZTO	F	0.1%
BGNE	D	0.1%
SBS	B	0.09%
PKX	D	0.09%
NICE	D	0.08%
GRFS	C	0.08%
WDS	D	0.08%
TS	B	0.08%
FUTU	D	0.08%
CHT	C	0.08%
LI	F	0.08%
CIG	C	0.08%
GFI	D	0.07%
QFIN	A	0.07%
CIB	B	0.07%
CCU	D	0.06%
NNDM	D	0.06%
PAC	B	0.06%
AKO.A	F	0.06%
KOF	F	0.06%
ASR	D	0.06%
VIPS	F	0.06%
HMY	D	0.06%
YY	B	0.06%
BEKE	D	0.06%
BCH	C	0.06%
GGAL	B	0.05%
ARM	F	0.05%
MTLS	A	0.05%
SOHU	F	0.05%
XPEV	C	0.05%
PAM	A	0.05%
FMX	F	0.05%
CX	F	0.05%
BNTX	C	0.05%
GMAB	F	0.05%
AKO.A	F	0.05%
BIDU	F	0.05%
HTHT	D	0.04%
DRD	D	0.04%
YMM	C	0.04%
TKC	B	0.04%
OPRA	B	0.04%
BWAY	B	0.04%
TME	D	0.04%
STM	F	0.04%
PHI	D	0.04%
IMOS	F	0.04%
ATHM	C	0.03%
IMMP	F	0.03%
BLTE	B	0.03%
VLRS	B	0.03%
TLK	D	0.03%
CRESY	B	0.03%
BILI	D	0.03%
EBR	F	0.03%
YPF	B	0.03%
TX	F	0.03%
GGB	C	0.03%
OMAB	D	0.03%
VIST	B	0.03%
NIO	F	0.03%
DAVA	C	0.03%
MREO	F	0.02%
BMA	C	0.02%
ELP	F	0.02%
ZLAB	C	0.02%
GNFT	F	0.02%
BZ	F	0.02%
ATAT	C	0.02%
ASAI	F	0.02%
UGP	F	0.02%
SUPV	B	0.02%
ASND	F	0.02%
HIMX	F	0.02%
GDS	C	0.02%
BRFS	C	0.02%
XYF	D	0.02%
SUZ	B	0.02%
MOMO	D	0.02%
MYTE	B	0.02%
TAL	F	0.02%
CANG	B	0.02%
ENIC	B	0.02%
EDAP	F	0.01%
JMIA	F	0.01%
YALA	D	0.01%
DOYU	C	0.01%
MNSO	D	0.01%
BZUN	F	0.01%
DAO	B	0.01%
CEPU	B	0.01%
HUYA	F	0.01%
CLLS	F	0.01%
JKS	F	0.01%
LEGN	D	0.01%
TV	F	0.01%
GRVY	C	0.01%
RERE	C	0.01%
OTLY	F	0.01%
JFIN	F	0.01%
TEO	B	0.01%
BVN	D	0.01%
IPHA	D	0.01%
SQM	D	0.01%
VIV	F	0.01%
ADAP	F	0.0%
EVO	C	0.0%
HCM	D	0.0%
SSL	F	0.0%
CNF	F	0.0%
ORAN	F	0.0%
HEPS	C	0.0%
IQ	F	0.0%
AZUL	F	0.0%
DADA	F	0.0%
RLX	C	0.0%
TOUR	D	0.0%
SIMO	D	0.0%
YRD	F	0.0%
DDL	C	0.0%
EH	D	0.0%
SBSW	D	0.0%
KC	B	0.0%

APIE Underweight 13 Positions Relative to PXF

Symbol	Grade	Weight
HSBH	B	-1.0%
TD	D	-0.66%
SONY	B	-0.52%
STLA	F	-0.27%
CNI	F	-0.16%
WFG	C	-0.07%
WCN	A	-0.07%
AGCO	D	-0.06%
FLUT	A	-0.06%
SHOP	B	-0.05%
KEP	B	-0.03%
OTEX	F	-0.03%
QGEN	D	-0.02%

PXF: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Banks - Regional - Asia Consumer Electronics Drug Manufacturers - Major Software - Application Banks - Regional - Europe Beverages - Wineries & Distilleries Capital Markets Computer Systems Diagnostics & Research Farm & Construction Equipment Gambling Gold Household & Personal Products Lumber & Wood Production Oil & Gas Integrated Packaging & Containers Railroads Utilities - Regulated Electric