EWL vs. PPH ETF Comparison

Comparison of iShares MSCI Switzerland Capped Index Fund (EWL) to Market Vectors Pharmaceutical ETF (PPH)

EWL

iShares MSCI Switzerland Capped Index Fund

EWL Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Switzerland 25/50 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 Switzerland 25/50 Index consists of stocks traded primarily on the Zurich Stock Exchange. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Switzerland 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.69

Average Daily Volume

746,576

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PPH

Market Vectors Pharmaceutical ETF

PPH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Pharmaceutical 25 Index (the "Pharmaceutical Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Pharmaceutical Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the pharmaceutical industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.41

Average Daily Volume

148,201

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EWL	PPH
30 Days	-2.33%	-1.53%
60 Days	-2.97%	-2.00%
90 Days	-3.47%	2.43%
12 Months	-3.79%	11.85%

2 Overlapping Holdings

	Symbol	Grade	Weight in EWL	Weight in PPH	Overlap
	ABBV	D	4.97%	5.88%	4.97%
	NVS	A	12.72%	4.93%	4.93%

EWL Overweight 1 Positions Relative to PPH

	Symbol	Grade	Weight
	LOGI	C	0.96%

EWL Underweight 21 Positions Relative to PPH

Symbol	Grade	Weight
LLY	C	-11.73%
NVO	D	-9.83%
JNJ	D	-6.56%
MRK	B	-6.23%
AZN	A	-5.59%
MCK	B	-4.7%
HLN	B	-4.68%
SNY	B	-4.64%
GSK	A	-4.49%
PFE	C	-4.49%
BMY	F	-4.25%
TAK	F	-4.22%
ZTS	D	-3.78%
TEVA	B	-2.68%
VTRS	C	-1.83%
JAZZ	F	-1.03%
CTLT	C	-0.96%
ELAN	C	-0.81%
PRGO	A	-0.63%
OGN	A	-0.6%
PDCO	F	-0.31%

EWL: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Computer Systems