MEDX vs. PID ETF Comparison

Comparison of Horizon Kinetics Medical ETF (MEDX) to PowerShares Intl Dividend Achievers (PID)
MEDX

Horizon Kinetics Medical ETF

MEDX Description

The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.20

Average Daily Volume

877

Number of Holdings *

10

* may have additional holdings in another (foreign) market
PID

PowerShares Intl Dividend Achievers

PID Description The PowerShares International Dividend Achievers™ Portfolio (Fund) is based on the NASDAQ International Dividend AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is designed to identify an international group of American Depository Receipts, Global Depositary Receipts and non-U.S. common or ordinary stocks that have qualified as International Dividend Achievers™. These companies have increased their annual dividend for five or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from International Dividend Achievers Index to NASDAQ International Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$17.94

Average Daily Volume

150,909

Number of Holdings *

24

* may have additional holdings in another (foreign) market
Performance
Period MEDX PID
30 Days -4.84% -2.63%
60 Days -7.05% -0.92%
90 Days -1.50% -1.72%
12 Months -7.98% 3.29%
1 Overlapping Holdings
Symbol Grade Weight in MEDX Weight in PID Overlap
NVS B 5.23% 2.34% 2.34%
MEDX Overweight 9 Positions Relative to PID
Symbol Grade Weight
LLY B 14.73%
ABBV D 7.88%
BMY F 5.43%
AMGN B 5.38%
JNJ D 5.14%
MRK A 5.0%
AZN A 4.77%
CRSP F 4.06%
PFE C 4.05%
MEDX Underweight 23 Positions Relative to PID
Symbol Grade Weight
AY A -4.48%
PHI B -4.08%
BTI D -3.96%
NGG B -3.86%
TD D -3.45%
GFI B -3.06%
SNY A -2.97%
KOF A -2.49%
SMFG C -2.36%
DEO F -1.77%
OTEX F -1.74%
MUFG D -1.73%
PSO C -1.66%
INFY D -1.33%
DOX D -1.3%
CNI D -1.25%
RELX C -1.07%
RBA C -1.0%
LOGI D -0.86%
SAP D -0.85%
WTW C -0.84%
NVO B -0.65%
WCN C -0.47%
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