JIVE vs. PDN ETF Comparison

Comparison of JPMorgan International Value ETF (JIVE) to PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (PDN)

JIVE

JPMorgan International Value ETF

JIVE Description

JIVE taps into various global markets by investing in undervalued stocks and equity-related securities outside the US. This includes common stock, preferred stock, ETFs, depositary receipts, and REITs. The fund uses fundamental analysis, and behavior-based and quantitative screens to find promising investments. In addition, the advisers analysis relies on their proprietary research, information from companies, data from external vendors, and in-house fundamental research. The belief behind the strategy is that market inefficiencies created by investor behavior can lead to valuation opportunities. The fund may also use derivatives for security substitutes and to manage currency risks and cash flows. Additionally, it considers ESG factors in its assessments but may not prioritize them when opportunities align with its main goal. Stocks are sold in the event of declining fundamentals, if adverse political or economic shifts, or when better investment options arise.

Grade (RS Rating)

Last Trade

$57.73

Average Daily Volume

4,890

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDN

PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio

PDN Description

The PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Mid-Small 1500 Index ND (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of small and mid capitalization equities of companies domiciled in developed international markets (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$32.84

Average Daily Volume

24,046

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JIVE	PDN
30 Days	-3.75%	-5.52%
60 Days	-1.46%	-4.57%
90 Days	4.80%	1.49%
12 Months	22.77%	15.69%

2 Overlapping Holdings

	Symbol	Grade	Weight in JIVE	Weight in PDN	Overlap
	FRO	F	0.12%	0.1%	0.1%
	PDS	D	0.12%	0.08%	0.08%

JIVE Overweight 19 Positions Relative to PDN

Symbol	Grade	Weight
NVS	D	1.89%
BABA	B	1.55%
HSBH	A	1.44%
MUFG	A	0.96%
TD	F	0.87%
SMFG	B	0.68%
LYG	D	0.54%
BCS	B	0.53%
MFG	A	0.52%
HMC	F	0.47%
VALE	F	0.41%
KB	B	0.35%
UMC	F	0.31%
AER	C	0.27%
SKM	D	0.26%
SONY	D	0.2%
KT	A	0.18%
VIPS	F	0.17%
GGB	F	0.15%

JIVE Underweight 14 Positions Relative to PDN

Symbol	Grade	Weight
IAG	B	-0.3%
PRMW	B	-0.21%
RBA	A	-0.18%
TAC	A	-0.17%
AEI	B	-0.15%
ASTL	A	-0.12%
GOGL	F	-0.12%
MBAVU	C	-0.09%
LSPD	B	-0.08%
DOOO	F	-0.07%
XRX	F	-0.06%
FLNG	F	-0.04%
TRMD	F	-0.03%
BBUC	B	-0.03%