HAWX vs. PCEF ETF Comparison

Comparison of iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) to PowerShares CEF Income Composite Portfolio (PCEF)

HAWX

iShares Currency Hedged MSCI ACWI ex U.S. ETF

HAWX Description

The iShares Currency Hedged MSCI ACWI ex U.S. ETF seeks to track the investment results of an index composed of large- and mid-capitalization developed and emerging equities while mitigating exposure to fluctuations between the value of the component currencies and the U.S. dollar.

Grade (RS Rating)

Last Trade

$32.63

Average Daily Volume

25,309

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PCEF

PowerShares CEF Income Composite Portfolio

PCEF Description

The PowerShares CEF Income Composite Portfolio (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$19.30

Average Daily Volume

106,779

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	HAWX	PCEF
30 Days	-1.72%	-0.90%
60 Days	0.63%	1.44%
90 Days	6.47%	5.49%
12 Months	21.62%	25.20%

0 Overlapping Holdings

	Symbol	Grade	Weight in HAWX	Weight in PCEF	Overlap

HAWX Overweight 6 Positions Relative to PCEF

Symbol	Grade	Weight
ACWX	D	96.72%
NOK	B	0.0%
SGD	F	0.0%
IDR	B	0.0%
CNH	A	0.0%
HKD	D	0.0%

HAWX Underweight 103 Positions Relative to PCEF

Symbol	Grade	Weight
EXG	C	-4.45%
BIGZ	A	-3.01%
BMEZ	A	-2.95%
JPC	A	-2.91%
ETY	A	-2.74%
BSTZ	A	-2.64%
BDJ	A	-2.62%
BCAT	C	-2.46%
BXMX	A	-2.42%
ETV	A	-2.38%
NFJ	D	-2.3%
QQQX	A	-2.08%
BST	B	-1.9%
ETW	A	-1.75%
EVV	A	-1.73%
JFR	A	-1.72%
BTZ	D	-1.5%
CII	C	-1.41%
EOS	A	-1.39%
FPF	D	-1.37%
PDO	D	-1.37%
HTD	C	-1.36%
HFRO	F	-1.3%
BOE	B	-1.26%
HYT	A	-1.26%
FFC	D	-1.23%
BBN	C	-1.21%
DSL	C	-1.16%
AWF	C	-1.09%
BGY	D	-1.02%
WIW	A	-1.01%
DIAX	B	-1.01%
EOI	A	-0.95%
ETJ	B	-0.92%
JQC	A	-0.91%
LDP	C	-0.88%
EMD	D	-0.87%
BME	D	-0.84%
PDT	D	-0.76%
IGD	C	-0.72%
PHK	A	-0.69%
NPFD	A	-0.68%
DFP	D	-0.67%
BGR	B	-0.64%
ETB	A	-0.63%
PCN	A	-0.61%
EAD	D	-0.6%
BIT	B	-0.57%
HIO	A	-0.56%
PFN	A	-0.56%
NBB	C	-0.55%
ISD	A	-0.54%
BUI	D	-0.54%
BHK	C	-0.52%
EDD	D	-0.52%
BLW	A	-0.52%
PPT	C	-0.51%
VVR	D	-0.5%
STK	C	-0.48%
HIX	A	-0.48%
FRA	A	-0.48%
FFA	C	-0.48%
BGH	A	-0.46%
SPXX	A	-0.46%
DSU	A	-0.45%
JGH	D	-0.44%
HPS	D	-0.42%
ERC	D	-0.42%
MCI	A	-0.41%
EOD	D	-0.4%
MCR	C	-0.4%
TEI	D	-0.39%
HPI	C	-0.39%
FTF	C	-0.39%
FCT	A	-0.39%
MMT	A	-0.39%
EFR	A	-0.38%
MIN	A	-0.37%
EFT	A	-0.36%
PSF	D	-0.36%
GBAB	D	-0.35%
PHT	C	-0.34%
PCF	A	-0.33%
DHY	C	-0.33%
HPF	C	-0.33%
DHF	C	-0.32%
PFL	A	-0.3%
IDE	A	-0.29%
FLC	C	-0.29%
BGT	A	-0.27%
HEQ	C	-0.25%
IGA	B	-0.24%
TSI	B	-0.24%
DBL	D	-0.23%
BGX	C	-0.19%
VBF	D	-0.19%
HYB	C	-0.19%
NHS	D	-0.18%
EHI	D	-0.18%
MSD	D	-0.17%
EVG	A	-0.15%
CIK	D	-0.14%
PHD	A	-0.14%

PCEF: Top Represented Industries & Keywords

Industries: Asset Management Other