PIO vs. FPXE ETF Comparison

Comparison of PowerShares Global Water Portfolio (PIO) to First Trust IPOX Europe Equity Opportunities ETF (FPXE)

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

$42.32

Average Daily Volume

8,111

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPXE

First Trust IPOX Europe Equity Opportunities ETF

FPXE Description

The First Trust IPOX® Europe Equity Opportunities ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the IPOX® 100 Europe Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and/or depositary receipts that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned, developed, maintained and sponsored by IPOX® Schuster LLC (the "Index Provider").

Grade (RS Rating)

Last Trade

$24.91

Average Daily Volume

235

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PIO	FPXE
30 Days	1.00%	-1.48%
60 Days	0.64%	0.39%
90 Days	8.37%	9.17%
12 Months	20.47%	15.93%

0 Overlapping Holdings

	Symbol	Grade	Weight in PIO	Weight in FPXE	Overlap

PIO Overweight 12 Positions Relative to FPXE

Symbol	Grade	Weight
PNR	C	8.35%
DHR	C	7.87%
ROP	D	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%

PIO Underweight 23 Positions Relative to FPXE

Symbol	Grade	Weight
NVT	A	-8.19%
ARM	F	-4.96%
SPOT	B	-3.6%
MNDY	D	-2.64%
ONON	C	-2.03%
HAFN	B	-1.93%
ICLR	D	-1.53%
CLBT	C	-1.06%
BIRK	F	-0.83%
ZGN	D	-0.47%
FROG	D	-0.42%
STVN	D	-0.35%
PHVS	C	-0.3%
JHG	A	-0.26%
CNTA	D	-0.23%
IMCR	C	-0.15%
MRUS	B	-0.14%
CMPS	D	-0.13%
SPNT	D	-0.1%
PAX	F	-0.09%
VTEX	D	-0.07%
OSW	A	-0.07%
IMTX	D	-0.06%

PIO: Top Represented Industries & Keywords

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