FENY vs. PXI ETF Comparison

Comparison of Fidelity MSCI Energy Index ETF (FENY) to PowerShares Dynamic Energy (PXI)

FENY

Fidelity MSCI Energy Index ETF

FENY Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Energy Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Energy Index, which represents the performance of the energy sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Energy Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.80

Average Daily Volume

732,697

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PXI

PowerShares Dynamic Energy

PXI Description

The PowerShares Dynamic Energy Sector Portfolio (Fund) is based on the Dynamic Energy Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of stocks of 60 U.S. energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$50.64

Average Daily Volume

5,323

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FENY	PXI
30 Days	8.37%	13.51%
60 Days	10.74%	16.52%
90 Days	8.81%	11.79%
12 Months	18.76%	19.18%

38 Overlapping Holdings

Symbol	Grade	Weight in FENY	Weight in PXI	Overlap
AM	A	0.29%	1.46%	0.29%
AROC	A	0.2%	1.88%	0.2%
BKR	A	2.1%	1.93%	1.93%
CEIX	A	0.21%	2.3%	0.21%
CHRD	D	0.42%	1.91%	0.42%
CNX	A	0.32%	2.33%	0.32%
COP	C	6.39%	2.17%	2.17%
CRC	A	0.21%	1.69%	0.21%
CRK	B	0.1%	1.79%	0.1%
CVX	A	13.78%	1.99%	1.99%
DINO	D	0.35%	1.46%	0.35%
DTM	A	0.5%	1.81%	0.5%
DVN	F	1.22%	1.84%	1.22%
EOG	A	3.78%	2.3%	2.3%
FANG	C	1.69%	3.58%	1.69%
GPOR	B	0.14%	2.11%	0.14%
HLX	B	0.1%	1.31%	0.1%
KMI	A	2.59%	2.72%	2.59%
KNTK	A	0.14%	2.23%	0.14%
LBRT	D	0.16%	1.38%	0.16%
MGY	A	0.25%	1.58%	0.25%
MPC	D	2.86%	3.24%	2.86%
NOG	B	0.21%	1.91%	0.21%
OII	B	0.16%	1.38%	0.16%
OXY	D	1.64%	1.7%	1.64%
PR	B	0.41%	2.82%	0.41%
PSX	C	2.72%	1.63%	1.63%
RIG	D	0.18%	1.54%	0.18%
SM	B	0.27%	1.75%	0.27%
TDW	F	0.05%	1.26%	0.05%
TPL	A	1.33%	9.51%	1.33%
TRGP	A	1.98%	7.47%	1.98%
VLO	C	2.27%	2.23%	2.23%
WFRD	D	0.31%	5.33%	0.31%
WHD	B	0.24%	1.78%	0.24%
WMB	A	3.28%	3.07%	3.07%
WTTR	A	0.1%	1.71%	0.1%
XOM	B	21.92%	2.31%	2.31%

FENY Overweight 60 Positions Relative to PXI

Symbol	Grade	Weight
OKE	A	3.05%
SLB	C	3.0%
LNG	A	2.39%
HES	B	1.95%
HAL	C	1.3%
EQT	B	1.21%
CTRA	B	0.94%
MRO	B	0.83%
FTI	A	0.62%
OVV	B	0.6%
AR	B	0.46%
RRC	B	0.42%
APA	D	0.42%
MTDR	B	0.36%
NOV	C	0.33%
CHX	C	0.31%
MUR	D	0.26%
CIVI	D	0.21%
BTU	B	0.2%
ENLC	A	0.2%
PAGP	A	0.2%
HESM	B	0.2%
HP	C	0.19%
PTEN	C	0.18%
PBF	D	0.18%
VAL	F	0.18%
UEC	B	0.18%
CRGY	B	0.15%
KOS	D	0.12%
LEU	C	0.11%
WKC	C	0.11%
TALO	C	0.11%
INSW	F	0.1%
KRP	B	0.08%
NFE	D	0.08%
CLB	B	0.08%
DK	C	0.08%
AESI	B	0.07%
PARR	F	0.07%
LPG	F	0.07%
XPRO	D	0.07%
NEXT	C	0.07%
NBR	C	0.06%
TTI	B	0.06%
VTLE	C	0.06%
PUMP	C	0.06%
GPRE	F	0.06%
REX	D	0.06%
EE	A	0.06%
GRNT	B	0.05%
EGY	D	0.05%
REPX	A	0.05%
RES	D	0.05%
CVI	F	0.05%
CLNE	F	0.05%
NR	B	0.05%
BRY	F	0.04%
VTOL	B	0.04%
SD	D	0.04%
HPK	B	0.04%

FENY Underweight 2 Positions Relative to PXI

	Symbol	Grade	Weight
	AMR	C	-3.3%
	HCC	B	-1.78%