EWI vs. IPKW ETF Comparison

Comparison of iShares MSCI Italy Capped Index Fund (EWI) to PowerShares International BuyBack Achievers Portfolio (IPKW)

EWI

iShares MSCI Italy Capped Index Fund

EWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Italy 25/50 Index (the "underlying index"). The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The MSCI Italy 25/50 Index consists of stocks traded primarily on the Milan Stock Exchange. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Italy 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.38

Average Daily Volume

357,345

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

IPKW

PowerShares International BuyBack Achievers Portfolio

IPKW Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the NASDAQ International BuyBack AchieversTM Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the NASDAQ OMX Group, Inc. ("NASDAQ OMX" or the "Index Provider") includes in the underlying index common stocks of foreign companies that are classified as "International BuyBack AchieversTM" pursuant to a proprietary selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.19

Average Daily Volume

23,795

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	EWI	IPKW
30 Days	0.84%	-0.14%
60 Days	1.74%	3.50%
90 Days	10.36%	10.23%
12 Months	21.16%	18.67%

1 Overlapping Holdings

	Symbol	Grade	Weight in EWI	Weight in IPKW	Overlap
	E	B	4.53%	2.53%	2.53%

EWI Overweight 2 Positions Relative to IPKW

	Symbol	Grade	Weight
	STLA	D	8.31%
	TS	D	2.7%

EWI Underweight 6 Positions Relative to IPKW

	Symbol	Grade	Weight
	NVS	B	-5.06%
	BCS	A	-2.73%
	VALE	C	-2.59%
	LYG	A	-2.51%
	WFG	D	-0.35%
	GCBC	B	-0.01%

EWI: Top Represented Industries & Keywords

Industries: Auto Manufacturers Oil & Gas Equipment & Services Oil & Gas Integrated

Keywords: Petroleum Production Automotive Manufacturers Cars Chemical Chrysler Coiled Tubing Conduit Construction Elastomer Electrical Conduit Electricity Fiat Fiat Chrysler Automobiles Field Services Gas Exploration Gas Marketing Industrial Equipment Intermediate Product Intermediate Products Liquefied Natural Gas

IPKW: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Europe Drug Manufacturers - Major Industrial Metals & Minerals Lumber & Wood Production Oil & Gas Integrated Savings & Cooperative Banks

Keywords: Banking Gas Exploration General Insurance Insurance Products Natural Gas Exploration Active Pharmaceutical Ingredients Alloys Aluminum Products Animal Health Antibiotics Asset Finance Asset Management Bancassurance Bank Banking Products Banking Solutions Barclays Barclays Bank Of Botswana Base Metal Biotechnology