KEUA vs. PIO ETF Comparison

Comparison of KraneShares European Carbon Allowance ETF (KEUA) to PowerShares Global Water Portfolio (PIO)

KEUA

KraneShares European Carbon Allowance ETF

KEUA Description

The KraneShares European Carbon Allowance ETF (KEUA) provides targeted exposure to the European Union Allowances (EUA) cap-and-trade carbon allowance program. KEUA is benchmarked to the IHS Markit Carbon EUA Index, which tracks the most traded EUA futures contracts. As a part of the KraneShares suite of carbon ETFs, KEUA provides a new vehicle for participating in the price of carbon and hedging risk while supporting responsible investing and ESG goals.

Grade (RS Rating)

Last Trade

$24.46

Average Daily Volume

8,259

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

PIO

PowerShares Global Water Portfolio

PIO Description

The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$41.92

Average Daily Volume

8,383

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	KEUA	PIO
30 Days	24.07%	-0.78%
60 Days	24.64%	0.57%
90 Days	12.95%	8.06%
12 Months	-17.99%	20.08%

0 Overlapping Holdings

	Symbol	Grade	Weight in KEUA	Weight in PIO	Overlap

KEUA Overweight 1 Positions Relative to PIO

	Symbol	Grade	Weight
	CLWT	A	75.05%

KEUA Underweight 12 Positions Relative to PIO

	Symbol	Grade	Weight
	PNR	C	-8.35%
	DHR	C	-7.87%
	ROP	F	-7.61%
	AWK	B	-3.99%
	ECL	A	-3.97%
	XYL	A	-3.87%
	VLTO	A	-3.71%
	WAT	D	-3.14%
	IEX	D	-2.13%
	AOS	D	-1.89%
	WMS	C	-1.69%
	CWCO	D	-0.39%

KEUA: Top Represented Industries & Keywords

Industries: Pollution & Treatment Controls

Keywords: Air Pollution Air Pollution Control Systems Analytical Instruments Calibration Calibration Equipment Calibration Services Chemical Control Devices Energy Conservation Energy Consumption Energy Equipment Environmental Equipment Industrial Engineering Injector Mass Spectrometry Measurement Measuring Instruments Metrology Pollution Pollution Control

PIO: Top Represented Industries & Keywords

Industries: Diversified Industrials Diagnostics & Research Utilities - Regulated Water Pollution & Treatment Controls Rubber & Plastics Specialty Chemicals

Keywords: S&P 500 Chemical Water Water Treatment Beverage Boiler Chemical Process Chemical Processing Danaher Corporation Dover Corporation Drug Discovery Electronics Injector Irrigation Manufacturing Market Manufacturing Markets Mining Pharmaceutical Plastic Sanitation