PHO vs. KSEA ETF Comparison

Comparison of Invesco Water Resources ETF (PHO) to KraneShares Rockefeller Ocean Engagement ETF (KSEA)

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

$71.12

Average Daily Volume

69,210

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KSEA

KraneShares Rockefeller Ocean Engagement ETF

KSEA Description

Under normal market conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in Ocean Related Companies. The Sub-Adviser believes that investing in Ocean Related Companies offers the potential for above-average long-term growth, especially if environmental, social and corporate governance ("ESG") factors continue to become more consequential to investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.25

Average Daily Volume

352

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHO	KSEA
30 Days	2.46%	-4.21%
60 Days	1.93%	-3.39%
90 Days	2.04%	-1.66%
12 Months	27.87%	12.06%

5 Overlapping Holdings

Symbol	Grade	Weight in PHO	Weight in KSEA	Overlap
AWK	D	3.79%	2.59%	2.59%
TTEK	F	2.8%	2.83%	2.8%
VLTO	D	6.02%	3.05%	3.05%
WMS	D	3.39%	1.9%	1.9%
XYL	D	6.17%	1.52%	1.52%

PHO Overweight 31 Positions Relative to KSEA

Symbol	Grade	Weight
ROP	B	8.0%
ECL	D	7.84%
PNR	A	4.83%
IEX	B	4.46%
ACM	A	4.32%
WAT	B	4.19%
ITRI	B	4.01%
CNM	D	3.58%
TTC	D	3.54%
AOS	F	3.49%
MLI	C	2.91%
VMI	B	2.67%
WTRG	B	2.61%
WTS	B	1.86%
ZWS	B	1.71%
BMI	B	1.67%
MWA	B	1.42%
SBS	B	1.16%
AWR	B	0.88%
FELE	B	0.86%
CWT	D	0.74%
LNN	B	0.67%
SJW	D	0.54%
MSEX	B	0.43%
ERII	D	0.36%
GRC	A	0.23%
ARTNA	D	0.15%
CWCO	C	0.13%
YORW	D	0.11%
NWPX	A	0.09%
GWRS	B	0.02%

PHO Underweight 13 Positions Relative to KSEA

Symbol	Grade	Weight
WM	A	-4.33%
TRMB	B	-3.97%
CCK	C	-3.78%
AMZN	C	-3.35%
TDY	B	-3.3%
RSG	A	-3.27%
YUMC	C	-3.09%
A	D	-2.03%
GTLS	B	-1.98%
ACI	C	-1.71%
BJ	A	-1.55%
SEE	C	-1.27%
NDSN	B	-1.11%