BLES vs. PDN ETF Comparison

Comparison of Inspire Global Hope Large Cap ETF (BLES) to PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (PDN)

BLES

Inspire Global Hope Large Cap ETF

BLES Description

Inspire Global Hope Large Cap ETF is designed to create meaningful impact by investing in some of the most inspiring companies from around the globe, while also seeking to provide investors with a low cost, high impact investment that meets the stringent demands of modern investors. All Inspire ETF%u2019s meet biblically responsible investing (BRI) standards, which measure a portfolio%u2019s alignment with biblical values.

Grade (RS Rating)

Last Trade

$38.66

Average Daily Volume

10,400

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

PDN

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

PDN Description

The PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Mid-Small 1500 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 small and mid capitalization equities of companies domiciled in developed international markets (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

$32.31

Average Daily Volume

22,561

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BLES	PDN
30 Days	-0.29%	-3.70%
60 Days	-0.26%	-6.33%
90 Days	0.17%	-6.33%
12 Months	19.24%	9.36%

1 Overlapping Holdings

	Symbol	Grade	Weight in BLES	Weight in PDN	Overlap
	AEI	D	0.26%	0.16%	0.16%

BLES Overweight 205 Positions Relative to PDN

Symbol	Grade	Weight
COIN	C	0.47%
TRGP	A	0.36%
IBKR	A	0.34%
KMI	A	0.33%
SFM	A	0.33%
WCC	B	0.32%
SNA	A	0.32%
OKE	A	0.32%
MRVL	B	0.32%
HQY	A	0.32%
EMR	B	0.31%
EVR	B	0.31%
AIT	B	0.31%
GRMN	B	0.31%
NET	B	0.31%
FCNCA	A	0.31%
EME	A	0.31%
AAON	B	0.31%
EPAM	B	0.3%
LW	C	0.3%
NTNX	B	0.3%
DLR	B	0.3%
OVV	B	0.3%
DDOG	A	0.3%
FTNT	C	0.3%
FICO	B	0.3%
IP	A	0.3%
CINF	A	0.29%
OC	A	0.29%
VMC	B	0.29%
RPM	A	0.29%
LBRDA	C	0.29%
ALB	B	0.29%
STLD	B	0.29%
PCAR	B	0.29%
TRMB	B	0.29%
RF	A	0.29%
SNOW	B	0.29%
AME	A	0.29%
PODD	C	0.29%
ETR	B	0.29%
PANW	B	0.29%
FAST	B	0.29%
MKL	A	0.28%
RS	B	0.28%
CPRT	B	0.28%
SPG	A	0.28%
MRO	B	0.28%
WELL	A	0.28%
MLM	C	0.28%
SSB	B	0.28%
WSO	A	0.28%
CIEN	C	0.28%
CTRA	B	0.28%
ISRG	A	0.28%
PH	A	0.28%
APH	A	0.28%
EOG	A	0.28%
DECK	A	0.28%
PKG	A	0.28%
CW	C	0.28%
WEC	A	0.27%
MSCI	C	0.27%
WAL	B	0.27%
REG	A	0.27%
NBIX	C	0.27%
TYL	B	0.27%
DOV	A	0.27%
ORLY	B	0.27%
RRX	B	0.27%
ATR	B	0.27%
JBHT	C	0.27%
GFS	C	0.27%
PAYX	B	0.27%
VLO	C	0.27%
FANG	C	0.27%
SNPS	B	0.27%
RSG	A	0.27%
HAL	C	0.27%
OGE	A	0.27%
VRSK	A	0.27%
WM	B	0.27%
ATO	A	0.27%
ANSS	B	0.27%
CTAS	B	0.27%
BRO	B	0.27%
INCY	C	0.27%
GEN	B	0.27%
CNP	A	0.27%
WRB	A	0.27%
L	A	0.27%
ODFL	C	0.27%
JBL	C	0.27%
NTAP	C	0.26%
MAA	B	0.26%
ELS	C	0.26%
TMHC	C	0.26%
VTR	B	0.26%
VEEV	C	0.26%
CBOE	C	0.26%
GGG	B	0.26%
AGR	A	0.26%
CSX	C	0.26%
EQR	C	0.26%
OKTA	C	0.26%
WST	C	0.26%
PGR	A	0.26%
WTRG	B	0.26%
CF	A	0.26%
URI	C	0.26%
ESS	B	0.26%
MNST	C	0.26%
SLB	C	0.26%
EVRG	A	0.26%
NDSN	B	0.25%
KEYS	A	0.25%
CSGP	D	0.25%
E	F	0.25%
MANH	D	0.25%
AVGO	D	0.25%
NUE	C	0.25%
POOL	C	0.25%
HOLX	D	0.25%
DVN	F	0.25%
CMS	C	0.25%
BIO	C	0.25%
INVH	D	0.25%
CSL	C	0.25%
AZO	C	0.25%
JKHY	D	0.25%
QCOM	F	0.25%
CAT	B	0.25%
ROL	B	0.25%
CPT	B	0.25%
OXY	D	0.25%
HST	C	0.25%
UDR	B	0.25%
RMD	C	0.25%
ICE	C	0.25%
SSNC	B	0.25%
ROP	B	0.25%
ANET	C	0.25%
BXP	C	0.25%
PLD	F	0.24%
LSCC	D	0.24%
DLTR	F	0.24%
BLDR	D	0.24%
RPRX	D	0.24%
PSA	C	0.24%
BG	D	0.24%
ON	D	0.24%
CNI	F	0.24%
EXR	C	0.24%
TTC	C	0.24%
COKE	C	0.24%
SUI	C	0.24%
DOC	C	0.24%
DOX	D	0.24%
AWK	C	0.24%
WDC	D	0.24%
STE	D	0.23%
ALGN	D	0.23%
NVR	D	0.23%
ARE	F	0.23%
FCX	F	0.23%
ENTG	D	0.23%
CPB	D	0.23%
APA	D	0.23%
EXPD	C	0.23%
SCCO	F	0.23%
NXPI	D	0.23%
PHM	D	0.23%
CEG	C	0.23%
LEN	D	0.23%
WY	F	0.23%
MKC	C	0.23%
DG	F	0.23%
CHKP	C	0.23%
BWA	D	0.23%
WPC	C	0.23%
EFX	F	0.22%
WLK	D	0.22%
SWKS	F	0.22%
DHI	F	0.22%
LYB	F	0.22%
BAX	F	0.22%
GPC	D	0.22%
KLAC	F	0.21%
NEM	D	0.21%
IQV	F	0.21%
MCHP	F	0.21%
CAG	F	0.21%
MOH	F	0.21%
IDXX	F	0.21%
ERIE	D	0.2%
TER	F	0.2%
MTD	F	0.2%
AOS	F	0.2%
UWMC	D	0.19%
FSLR	F	0.19%
ELV	F	0.19%
ICLR	D	0.18%
SMCI	F	0.17%
MPWR	F	0.16%
ENPH	F	0.14%

BLES Underweight 14 Positions Relative to PDN

Symbol	Grade	Weight
RBA	A	-0.21%
TAC	A	-0.17%
ASTL	B	-0.14%
GOGL	F	-0.14%
FRO	D	-0.1%
LSPD	C	-0.1%
PDS	C	-0.09%
XRX	F	-0.07%
MBAVU	C	-0.07%
DOOO	F	-0.07%
FLNG	C	-0.04%
BBUC	C	-0.04%
TRMD	F	-0.03%
CLF	F	-0.0%