EFRA vs. PHO ETF Comparison

Comparison of iShares Environmental Infrastructure and Industrials ETF (EFRA) to Invesco Water Resources ETF (PHO)

EFRA

iShares Environmental Infrastructure and Industrials ETF

EFRA Description

The fund seeks to track the investment results of the index, which has been developed by FTSE International Limited (the "index provider" or "FTSE"). It is non-diversified.

Grade (RS Rating)

Last Trade

$30.37

Average Daily Volume

401

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PHO

Invesco Water Resources ETF

PHO Description

The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$64.65

Average Daily Volume

64,349

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EFRA	PHO
30 Days	-1.68%	-2.64%
60 Days	3.64%	1.88%
90 Days	6.67%	8.93%
12 Months	11.83%	24.23%

14 Overlapping Holdings

Symbol	Grade	Weight in EFRA	Weight in PHO	Overlap
AWK	C	6.08%	6.55%	6.08%
AWR	D	1.04%	0.81%	0.81%
BMI	A	2.11%	1.61%	1.61%
CWT	C	1.07%	0.77%	0.77%
FELE	B	1.9%	0.89%	0.89%
LNN	D	0.53%	0.58%	0.53%
MWA	A	1.01%	0.77%	0.77%
PNR	C	5.27%	4.08%	4.08%
SJW	F	0.7%	0.54%	0.54%
TTEK	A	4.0%	2.36%	2.36%
WMS	C	4.26%	3.42%	3.42%
WTRG	B	3.62%	3.5%	3.5%
WTS	D	2.25%	1.31%	1.31%
XYL	A	6.12%	4.07%	4.07%

EFRA Overweight 3 Positions Relative to PHO

Symbol	Grade	Weight
WAB	A	6.17%
CLH	B	3.99%
SRCL	F	1.88%

EFRA Underweight 23 Positions Relative to PHO

Symbol	Grade	Weight
ROP	D	-7.94%
ECL	C	-7.82%
DHR	C	-7.48%
CNM	A	-4.59%
VLTO	A	-4.23%
AOS	B	-4.1%
IEX	D	-3.91%
ACM	A	-3.8%
TTC	D	-3.69%
WAT	C	-3.56%
VMI	F	-2.09%
ZWS	D	-1.79%
MLI	A	-1.75%
ITRI	A	-1.46%
SBS	B	-0.72%
MSEX	D	-0.47%
ERII	F	-0.35%
CWCO	D	-0.18%
GRC	D	-0.11%
YORW	C	-0.11%
ARTNA	F	-0.07%
NWPX	D	-0.07%
GWRS	C	-0.02%