KBWB vs. GSIB ETF Comparison

Comparison of PowerShares KBW Bank Portfolio ETF (KBWB) to Themes Global Systemically Important Banks ETF (GSIB)

KBWB

PowerShares KBW Bank Portfolio ETF

KBWB Description

The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$52.61

Average Daily Volume

707,854

Number of Holdings ^*

24

* may have additional holdings in another (foreign) market

GSIB

Themes Global Systemically Important Banks ETF

GSIB Description

The fund is an actively managed exchange-traded fund ("ETF") that will invest in the equity securities of companies that operate in the global banking sector. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that are part of the global banking sector and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") that represent such companies in the banking sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.09

Average Daily Volume

656

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	KBWB	GSIB
30 Days	-1.15%	1.75%
60 Days	8.55%	9.77%
90 Days	7.36%	11.42%
12 Months	32.87%

6 Overlapping Holdings

	Symbol	Grade	Weight in KBWB	Weight in GSIB	Overlap
	BAC	A	8.3%	3.65%	3.65%
	C	A	4.21%	3.7%	3.7%
	GS	A	8.16%	3.63%	3.63%
	JPM	B	7.86%	3.67%	3.67%
	MS	A	8.13%	3.64%	3.64%
	STT	B	3.76%	3.7%	3.7%

KBWB Overweight 18 Positions Relative to GSIB

	Symbol	Grade	Weight
	WFC	A	8.15%
	TFC	A	4.1%
	FITB	A	4.05%
	COF	A	4.01%
	PNC	A	4.01%
	MTB	A	3.97%
	BK	A	3.85%
	HBAN	A	3.8%
	USB	C	3.69%
	RF	B	3.48%
	NTRS	B	3.3%
	CFG	A	3.1%
	KEY	C	2.63%
	EWBC	B	2.06%
	FHN	B	1.6%
	CMA	A	1.33%
	WAL	C	1.25%
	ZION	B	1.18%

KBWB Underweight 2 Positions Relative to GSIB

	Symbol	Grade	Weight
	SAN	A	-3.8%
	ING	A	-3.7%

KBWB: Top Represented Industries & Keywords

Industries: Banks - Regional - US Banks - Global Asset Management Capital Markets Credit Services

Keywords: Bank S&P 500 Banking Cash Management Investment Bank Commercial Banking Financial Products Investment Management Cash Management Services Commercial Bank Investment Banking Trade Finance Asset Management Services Advisory Services Asset Management Deposit Products Investment Management Services Investment Product Mortgage Banking Primary Dealers

GSIB: Top Represented Industries & Keywords

Industries: Banks - Global Capital Markets Asset Management

Keywords: S&P 500 Bank Investment Product Trade Finance Banking Cash Management Investment Bank Investment Banking Investment Management Services Financial Products Primary Dealers Securities Services Transaction Services Asset Management Services Brokerage Commercial Banking Dow Jones Component Financial Advisory Services Hedge Funds Insurance