PIO vs. FIW ETF Comparison

Comparison of PowerShares Global Water Portfolio (PIO) to First Trust ISE Water Index Fund (FIW)

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

$40.50

Average Daily Volume

8,835

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIW

First Trust ISE Water Index Fund

FIW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.92

Average Daily Volume

34,048

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PIO	FIW
30 Days	-5.06%	-2.03%
60 Days	-3.85%	-1.43%
90 Days	-0.98%	0.97%
12 Months	23.62%	31.31%

11 Overlapping Holdings

Symbol	Grade	Weight in PIO	Weight in FIW	Overlap
AOS	F	1.82%	2.79%	1.82%
AWK	D	3.17%	3.94%	3.17%
CNM	D	2.85%	2.87%	2.85%
ECL	C	8.4%	4.08%	4.08%
IEX	A	2.6%	3.97%	2.6%
PNR	B	9.08%	3.95%	3.95%
ROP	D	8.05%	3.94%	3.94%
VLTO	D	3.85%	3.79%	3.79%
WAT	A	3.33%	3.81%	3.33%
WMS	F	2.19%	3.4%	2.19%
XYL	F	3.92%	3.83%	3.83%

PIO Overweight 1 Positions Relative to FIW

	Symbol	Grade	Weight
	CWCO	F	0.26%

PIO Underweight 22 Positions Relative to FIW

Symbol	Grade	Weight
IDXX	F	-3.79%
ACM	A	-3.69%
A	D	-3.68%
TTEK	B	-3.58%
WTRG	C	-3.57%
MLI	A	-3.4%
BMI	D	-2.94%
PRMW	B	-2.51%
ZWS	A	-2.26%
VMI	A	-2.26%
AWR	C	-2.06%
MWA	B	-2.05%
WTS	D	-2.04%
ITRI	A	-2.0%
FELE	D	-1.98%
CWT	D	-1.9%
MSEX	B	-1.27%
LNN	C	-1.26%
SJW	F	-1.2%
SBS	F	-1.19%
HWKN	D	-1.18%
MEG	F	-1.02%

PIO: Top Represented Industries & Keywords

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