PHO vs. ARKX ETF Comparison

Comparison of Invesco Water Resources ETF (PHO) to ARK Space Exploration & Innovation ETF (ARKX)

PHO

Invesco Water Resources ETF

PHO Description

The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies 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

$64.62

Average Daily Volume

62,861

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKX

ARK Space Exploration & Innovation ETF

ARKX Description

The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.

Grade (RS Rating)

Last Trade

$14.72

Average Daily Volume

67,113

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHO	ARKX
30 Days	-1.97%	-1.08%
60 Days	0.39%	1.03%
90 Days	7.23%	3.37%
12 Months	23.02%	10.93%

0 Overlapping Holdings

	Symbol	Grade	Weight in PHO	Weight in ARKX	Overlap

PHO Overweight 37 Positions Relative to ARKX

Symbol	Grade	Weight
ROP	D	7.94%
ECL	B	7.82%
DHR	B	7.48%
AWK	B	6.55%
CNM	A	4.59%
VLTO	A	4.23%
AOS	C	4.1%
PNR	C	4.08%
XYL	A	4.07%
IEX	D	3.91%
ACM	B	3.8%
TTC	D	3.69%
WAT	C	3.56%
WTRG	A	3.5%
WMS	D	3.42%
TTEK	A	2.36%
VMI	F	2.09%
ZWS	D	1.79%
MLI	A	1.75%
BMI	A	1.61%
ITRI	B	1.46%
WTS	C	1.31%
FELE	D	0.89%
AWR	C	0.81%
MWA	A	0.77%
CWT	A	0.77%
SBS	C	0.72%
LNN	B	0.58%
SJW	D	0.54%
MSEX	C	0.47%
ERII	D	0.35%
CWCO	D	0.18%
GRC	D	0.11%
YORW	B	0.11%
ARTNA	C	0.07%
NWPX	D	0.07%
GWRS	C	0.02%

PHO Underweight 27 Positions Relative to ARKX

Symbol	Grade	Weight
AVAV	A	-9.24%
KTOS	B	-8.73%
IRDM	B	-8.2%
TRMB	D	-7.4%
TER	A	-5.47%
LHX	B	-5.17%
ACHR	D	-3.79%
AMZN	B	-3.46%
PRNT	D	-3.01%
PATH	F	-2.95%
DE	D	-2.93%
BLDE	A	-2.82%
GRMN	A	-2.63%
JOBY	D	-2.27%
RKLB	D	-2.16%
GOOG	A	-2.08%
HON	C	-1.49%
HEI	A	-1.49%
SNPS	D	-1.44%
U	D	-1.39%
MYNA	B	-1.24%
ANSS	D	-1.2%
LMT	A	-1.16%
PLTR	C	-1.08%
TDY	D	-1.07%
OSPN	A	-0.81%
DDD	F	-0.39%