GRPM vs. PXE ETF Comparison

Comparison of Invesco S&P MidCap 400? GARP ETF (GRPM) to PowerShares Dynamic Energy E&P (PXE)

GRPM

Invesco S&P MidCap 400? GARP ETF

GRPM Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to track the performance of the top 60 growth stocks in the S&P MidCap 400® Index with relatively high quality and value composite scores, which are computed pursuant to the index methodology.

Grade (RS Rating)

Last Trade

$113.87

Average Daily Volume

29,091

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

PXE

PowerShares Dynamic Energy E&P

PXE Description

The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production 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 composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

48,730

Number of Holdings ^*

29

* may have additional holdings in another (foreign) market

Performance

Period	GRPM	PXE
30 Days	-3.90%	-6.69%
60 Days	2.55%	5.06%
90 Days	14.55%	13.68%
12 Months		40.83%

4 Overlapping Holdings

	Symbol	Grade	Weight in GRPM	Weight in PXE	Overlap
	CHRD	B	3.12%	2.64%	2.64%
	MTDR	D	2.97%	2.64%	2.64%
	OVV	B	2.51%	2.83%	2.51%
	PBF	B	2.25%	2.92%	2.25%

GRPM Overweight 6 Positions Relative to PXE

	Symbol	Grade	Weight
	SWAV	A	3.78%
	CROX	C	2.83%
	KNSL	F	2.55%
	OLN	C	2.39%
	AR	A	2.35%
	CIVI	D	2.3%

GRPM Underweight 25 Positions Relative to PXE

	Symbol	Grade	Weight
	VLO	B	-5.34%
	DVN	B	-5.26%
	MPC	B	-5.25%
	EOG	B	-5.18%
	COP	B	-5.11%
	FANG	B	-5.03%
	CTRA	B	-4.96%
	PSX	D	-4.62%
	CRK	C	-3.23%
	SM	B	-3.07%
	GPOR	B	-2.91%
	CNX	B	-2.88%
	PR	B	-2.87%
	RRC	B	-2.87%
	MUR	B	-2.85%
	MRO	B	-2.83%
	CHK	B	-2.81%
	NFG	A	-2.61%
	DK	F	-2.52%
	APA	F	-2.48%
	CRC	D	-2.45%
	CRGY	F	-2.36%
	DINO	F	-2.29%
	CVI	F	-2.25%
	PARR	F	-2.0%

GRPM: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Footwear & Accessories Insurance - Property & Casualty Medical Devices Oil & Gas Refining & Marketing Specialty Chemicals

Keywords: Natural Gas Petroleum Natural Gas Liquids Structural Basin Acetate Acid Ammunition Anadarko Basin Antero Artery Artery Disease Bakken Bleach Bleach Products Bone Cardiology Catheter Chemical Feedstock Chemical Manufacturing Chemical Synthesis

PXE: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing

Keywords: Natural Gas Natural Gas Liquids Petroleum Industry S&P 500 Petroleum Crude Oil Refined Products Permian Basin Petroleum Products Sulfur Fuel Gas And Oil Gas Gathering Natural Gas Processing Natural Gas Wells Propane Transportation Fuels Transports Crude Oil Western Refining American Energy Partners