BTEC vs. XHE ETF Comparison

Comparison of Principal Healthcare Innovators Index ETF (BTEC) to SPDR S&P Health Care Equipment (XHE)

BTEC

Principal Healthcare Innovators Index ETF

BTEC Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Healthcare Innovators Index (the "index"). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Benchmark Index (including growth and value stock) that are small and medium capitalization U.S. healthcare companies.

Grade (RS Rating)

Last Trade

$36.90

Average Daily Volume

11,999

Number of Holdings ^*

242

* may have additional holdings in another (foreign) market

XHE

SPDR S&P Health Care Equipment

XHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.86

Average Daily Volume

18,126

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BTEC	XHE
30 Days	2.85%	-3.96%
60 Days	7.59%	0.52%
90 Days	-2.96%	-4.96%
12 Months	3.46%	-13.96%

24 Overlapping Holdings

Symbol	Grade	Weight in BTEC	Weight in XHE	Overlap
ATEC	F	0.33%	1.35%	0.33%
ATRC	F	0.24%	0.98%	0.24%
AVNS	F	0.22%	1.17%	0.22%
ENOV	F	0.55%	1.2%	0.55%
FNA	F	0.11%	0.5%	0.11%
GKOS	B	1.25%	2.16%	1.25%
ICUI	C	0.66%	1.91%	0.66%
INSP	F	1.08%	1.36%	1.08%
IRTC	C	0.69%	1.47%	0.69%
KIDS	F	0.18%	0.94%	0.18%
LUNG	F	0.07%	0.43%	0.07%
NARI	C	0.61%	1.76%	0.61%
NVCR	C	0.5%	1.96%	0.5%
NVRO	F	0.09%	0.96%	0.09%
OFIX	D	0.13%	1.32%	0.13%
PRCT	C	0.73%	2.1%	0.73%
RXST	D	0.5%	1.81%	0.5%
SIBN	F	0.13%	1.07%	0.13%
SILK	B	0.27%	2.73%	0.27%
SRDX	A	0.17%	0.38%	0.17%
TMCI	F	0.09%	0.67%	0.09%
TMDX	B	1.1%	2.91%	1.1%
TNDM	C	0.65%	2.33%	0.65%
ZIMV	C	0.12%	0.84%	0.12%

BTEC Overweight 218 Positions Relative to XHE

Symbol	Grade	Weight
MRNA	C	4.13%
ALNY	A	3.38%
NTRA	B	2.89%
ILMN	D	2.6%
SRPT	B	2.44%
CTLT	B	2.21%
INSM	A	2.19%
ELAN	B	1.99%
PCVX	B	1.73%
EXAS	F	1.69%
CERE	D	1.68%
ITCI	B	1.62%
BPMC	B	1.46%
RVMD	B	1.38%
IONS	B	1.32%
SMMT	B	1.27%
MDGL	B	1.24%
VKTX	D	1.22%
CYTK	F	1.18%
BBIO	F	1.13%
APLS	F	1.07%
NUVL	B	1.03%
IMVT	D	0.85%
AXSM	B	0.81%
CRNX	D	0.78%
RNA	B	0.72%
AZTA	C	0.71%
RARE	F	0.7%
TWST	C	0.68%
DNLI	B	0.66%
ARWR	C	0.66%
FOLD	D	0.65%
ACLX	C	0.64%
IDYA	D	0.63%
PTCT	C	0.63%
DYN	B	0.62%
TGTX	B	0.6%
SWTX	F	0.6%
RYTM	B	0.58%
GERN	C	0.58%
ADMA	B	0.58%
AGIO	B	0.57%
NTLA	C	0.55%
CLDX	C	0.52%
CGON	F	0.52%
MYGN	B	0.51%
NVAX	C	0.51%
IOVA	D	0.5%
VCEL	C	0.49%
JANX	D	0.49%
RXRX	C	0.48%
TXG	F	0.47%
VERA	D	0.46%
KYMR	D	0.45%
PTGX	C	0.45%
RCKT	C	0.44%
BEAM	C	0.44%
ARVN	F	0.39%
KROS	F	0.38%
SNDX	D	0.38%
VCYT	C	0.37%
EWTX	C	0.35%
KURA	C	0.35%
AKRO	C	0.35%
RCUS	D	0.34%
MIRM	B	0.33%
ARDX	F	0.32%
MORF	C	0.31%
BCRX	C	0.3%
SANA	F	0.29%
XNCR	F	0.28%
VIR	F	0.28%
DAWN	D	0.27%
FDMT	D	0.26%
PRTA	F	0.25%
IRON	C	0.25%
TARS	D	0.24%
COGT	C	0.23%
LQDA	D	0.23%
NRIX	B	0.23%
MRVI	F	0.22%
RLAY	D	0.22%
TYRA	C	0.22%
ARQT	C	0.22%
BLFS	B	0.22%
HUMA	C	0.21%
SAVA	F	0.21%
ELVN	C	0.21%
AUPH	C	0.2%
PRME	D	0.19%
ETNB	F	0.19%
SPRY	D	0.19%
OCUL	C	0.19%
CDNA	B	0.19%
WVE	D	0.18%
CTKB	F	0.18%
PHAT	C	0.18%
KNSA	C	0.18%
CGEM	D	0.18%
VRDN	D	0.18%
ARCT	F	0.17%
PLSE	C	0.17%
HROW	B	0.17%
OLMA	C	0.17%
SAGE	F	0.16%
URGN	B	0.16%
HLVX	D	0.16%
NUVB	C	0.16%
PLRX	F	0.16%
ANAB	B	0.16%
LBPH	B	0.16%
EOLS	F	0.16%
RGNX	F	0.15%
HRTX	C	0.15%
PEPG	C	0.15%
ITOS	C	0.15%
ABUS	C	0.15%
MLYS	D	0.15%
SRRK	F	0.15%
SVRA	F	0.14%
TRDA	C	0.14%
EBS	B	0.14%
LRMR	C	0.14%
LYEL	F	0.14%
TVTX	C	0.14%
THRD	C	0.14%
REPL	C	0.13%
OABI	F	0.13%
QTRX	F	0.13%
KALV	C	0.13%
YMAB	D	0.13%
CDMO	F	0.13%
TERN	C	0.13%
TBPH	F	0.12%
PGEN	B	0.12%
CYRX	F	0.12%
SIGA	C	0.12%
ORIC	F	0.12%
VYGR	D	0.12%
ADPT	C	0.12%
ANNX	C	0.11%
PACB	F	0.11%
ALEC	F	0.11%
EDIT	F	0.11%
ANIK	C	0.11%
LXRX	C	0.11%
ERAS	F	0.1%
ALLO	F	0.1%
VERV	F	0.1%
CELC	C	0.1%
CABA	F	0.1%
AURA	F	0.1%
EYPT	F	0.1%
FATE	F	0.09%
OM	C	0.09%
OMER	C	0.09%
AVXL	D	0.09%
CERS	F	0.09%
AXGN	C	0.09%
ALXO	F	0.09%
XERS	C	0.09%
NKTX	F	0.09%
ATNM	D	0.08%
ANGO	F	0.08%
ALDX	F	0.08%
MGTX	F	0.08%
PSTX	D	0.08%
RVNC	F	0.08%
CRMD	D	0.08%
ALT	C	0.08%
INGN	D	0.07%
MRSN	F	0.07%
CVRX	D	0.07%
ZNTL	F	0.07%
TNYA	F	0.07%
ENTA	D	0.07%
IGMS	F	0.07%
INZY	F	0.07%
XFOR	D	0.06%
FENC	F	0.06%
STRO	F	0.06%
BFLY	C	0.06%
ARAY	F	0.06%
BLUE	F	0.06%
CHRS	F	0.06%
RCEL	F	0.06%
MGNX	F	0.06%
TSVT	F	0.06%
CDXS	D	0.06%
PMVP	F	0.05%
BMEA	F	0.05%
ALLK	F	0.05%
VTYX	F	0.05%
MCRB	F	0.05%
RIGL	F	0.05%
QSI	F	0.05%
SCPH	F	0.05%
AKYA	F	0.04%
SGMO	F	0.04%
PDSB	D	0.04%
CUTR	F	0.04%
KPTI	C	0.04%
ACET	F	0.04%
CRBU	F	0.04%
ACRS	C	0.04%
KOD	F	0.04%
OMGA	D	0.04%
GRTS	F	0.03%
EYEN	F	0.03%
ATRA	F	0.03%
BCAB	F	0.03%
MURA	F	0.03%
RAPT	F	0.03%
FGEN	C	0.03%
MRNS	D	0.02%
BTAI	F	0.02%
GNLX	F	0.02%
AVTE	F	0.01%

BTEC Underweight 41 Positions Relative to XHE

Symbol	Grade	Weight
LNTH	B	-2.16%
UFPT	B	-2.12%
GMED	A	-2.02%
STAA	C	-1.92%
RMD	D	-1.88%
BSX	A	-1.88%
ISRG	A	-1.85%
PODD	B	-1.82%
MMSI	B	-1.8%
HAE	D	-1.79%
NEOG	C	-1.72%
MASI	B	-1.69%
AXNX	B	-1.67%
LIVN	C	-1.66%
ITGR	D	-1.66%
SYK	B	-1.63%
BDX	D	-1.63%
EW	B	-1.6%
OMCL	F	-1.6%
MDT	D	-1.56%
STE	D	-1.55%
HOLX	D	-1.55%
IDXX	D	-1.5%
TFX	D	-1.5%
DXCM	D	-1.44%
ABT	C	-1.43%
ZBH	D	-1.4%
GEHC	C	-1.39%
LMAT	B	-1.36%
NVST	F	-1.34%
IART	D	-1.32%
CNMD	F	-1.32%
BAX	D	-1.29%
ALGN	F	-1.29%
XRAY	F	-1.27%
PEN	F	-1.2%
EMBC	C	-1.18%
VREX	F	-0.96%
OSUR	F	-0.65%
TCMD	F	-0.61%
ATRI	B	-0.58%