HWAY vs. KBWP ETF Comparison

Comparison of Themes US Infrastructure ETF (HWAY) to PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP)

HWAY

Themes US Infrastructure ETF

HWAY Description

The index is designed to provide exposure to U.S. companies that have business operations involving the building materials, equipment, logistics, construction, and engineering services used for the development and maintenance of infrastructure projects. It will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.75

Average Daily Volume

400

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBWP

PowerShares KBW Property & Casualty Insurance Portfolio ETF

KBWP Description

The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$123.33

Average Daily Volume

60,144

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HWAY	KBWP
30 Days	4.93%	4.91%
60 Days	7.92%	7.11%
90 Days		10.22%
12 Months		38.12%

0 Overlapping Holdings

	Symbol	Grade	Weight in HWAY	Weight in KBWP	Overlap

HWAY Overweight 97 Positions Relative to KBWP

Symbol	Grade	Weight
EMR	B	4.96%
CSX	C	4.32%
NSC	B	4.21%
DE	B	4.18%
UNP	C	4.15%
CAT	B	4.1%
URI	C	3.91%
GWW	B	3.71%
PWR	A	3.43%
FAST	B	3.3%
VMC	B	2.62%
MLM	C	2.52%
NUE	C	2.47%
WAB	B	2.45%
XYL	D	2.11%
DOV	A	1.95%
EME	A	1.65%
BLDR	D	1.46%
CSL	C	1.44%
STLD	B	1.42%
OC	A	1.21%
IEX	C	1.2%
J	D	1.2%
FIX	A	1.16%
RS	B	1.13%
GGG	B	1.08%
ACM	B	1.02%
POOL	C	0.97%
TTEK	F	0.78%
AA	A	0.78%
MLI	B	0.77%
AIT	B	0.75%
BLD	D	0.74%
FLR	B	0.68%
WCC	B	0.67%
EXP	B	0.67%
DCI	B	0.65%
CRS	B	0.65%
X	B	0.64%
WMS	F	0.63%
CR	A	0.62%
UFPI	C	0.59%
OSK	C	0.54%
ATI	C	0.53%
R	B	0.53%
VMI	B	0.52%
TREX	C	0.52%
CMC	B	0.52%
SSD	F	0.52%
APG	B	0.47%
AZEK	A	0.46%
AGCO	D	0.46%
WTS	B	0.45%
VNT	C	0.44%
ZWS	B	0.43%
SUM	B	0.43%
HRI	C	0.41%
SKY	A	0.41%
DY	D	0.41%
STRL	A	0.41%
CLF	F	0.4%
ACA	A	0.38%
KNF	B	0.38%
BCC	B	0.38%
SWX	B	0.34%
GVA	A	0.32%
ROAD	B	0.29%
MDU	D	0.27%
MSM	C	0.27%
TEX	F	0.26%
VRRM	F	0.26%
NPO	A	0.26%
ATKR	D	0.25%
TRN	B	0.23%
CVCO	A	0.22%
MYRG	B	0.17%
ROCK	C	0.16%
AZZ	A	0.16%
GBX	A	0.15%
ALG	B	0.14%
HEES	C	0.14%
AGX	B	0.13%
HLIO	B	0.12%
APOG	C	0.12%
WS	C	0.11%
DNOW	B	0.11%
LNN	B	0.1%
CENX	B	0.09%
BXC	B	0.09%
NVEE	F	0.09%
KALU	C	0.09%
MRC	B	0.08%
USLM	A	0.07%
TPC	C	0.07%
JBI	F	0.07%
GLDD	B	0.03%
NVRI	D	0.02%

HWAY Underweight 24 Positions Relative to KBWP

Symbol	Grade	Weight
TRV	B	-8.62%
ALL	A	-7.94%
PGR	A	-7.83%
CB	C	-7.74%
AIG	B	-7.54%
RLI	A	-4.35%
THG	A	-4.23%
AIZ	A	-4.21%
CINF	A	-4.18%
SIGI	C	-4.17%
AXS	A	-4.08%
AFG	A	-4.07%
KMPR	A	-3.94%
RNR	C	-3.86%
HIG	B	-3.84%
WRB	A	-3.83%
EG	C	-3.58%
MCY	A	-3.52%
ACGL	C	-3.39%
SPNT	B	-2.17%
HMN	B	-1.44%
PRA	C	-0.74%
UVE	B	-0.55%
JRVR	F	-0.15%