PPA vs. GRID ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$104.31

Average Daily Volume

150,065

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID 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 NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$117.52

Average Daily Volume

70,620

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	GRID
30 Days	2.72%	2.90%
60 Days	4.98%	5.01%
90 Days	11.63%	13.64%
12 Months	31.89%	22.18%

3 Overlapping Holdings

Symbol	Grade	Weight in PPA	Weight in GRID	Overlap
ETN	A	3.84%	8.45%	3.84%
GE	A	6.04%	1.19%	1.19%
HON	C	4.31%	1.01%	1.01%

PPA Overweight 44 Positions Relative to GRID

Symbol	Grade	Weight
RTX	A	6.9%
LMT	A	6.78%
BA	F	5.9%
NOC	B	5.61%
GD	A	4.91%
LHX	A	4.58%
TDG	A	4.05%
PH	B	3.6%
HWM	A	3.57%
AXON	B	3.35%
BAH	B	2.48%
TXT	D	2.4%
LDOS	A	2.19%
APH	A	2.15%
HII	D	2.06%
HEI	A	1.85%
BWXT	D	1.41%
CACI	A	1.35%
KBR	B	1.34%
CW	A	1.31%
WWD	A	1.08%
TDY	D	1.0%
SAIC	C	1.0%
HXL	C	0.97%
ATI	B	0.95%
J	D	0.88%
AVAV	A	0.88%
PLTR	D	0.85%
SPR	D	0.74%
MOG.A	A	0.65%
PSN	D	0.64%
KEYS	D	0.6%
KTOS	B	0.55%
AIR	B	0.48%
OSK	D	0.45%
MRCY	D	0.34%
VSAT	D	0.3%
OSIS	D	0.26%
CDRE	F	0.26%
IRDM	D	0.2%
TGI	C	0.2%
DCO	B	0.15%
B	C	0.15%
TTMI	A	0.14%

PPA Underweight 42 Positions Relative to GRID

Symbol	Grade	Weight
ABBV	D	-8.26%
JCI	B	-7.21%
PWR	B	-4.15%
HUBB	D	-3.57%
APTV	D	-3.43%
ENPH	F	-2.49%
NVDA	B	-2.05%
NVT	A	-2.03%
TSLA	D	-1.74%
ORCL	D	-1.44%
CSCO	D	-1.41%
QCOM	B	-1.37%
TXN	A	-1.18%
IBM	D	-1.12%
ATKR	D	-1.11%
ADI	A	-0.72%
ITRI	A	-0.66%
SEDG	F	-0.55%
AEIS	D	-0.51%
EMR	C	-0.48%
MYRG	D	-0.44%
NXPI	A	-0.42%
GEV	C	-0.28%
FLNC	C	-0.17%
TRMB	D	-0.1%
AMSC	C	-0.08%
PLPC	D	-0.07%
WLDN	A	-0.07%
AES	B	-0.07%
GNRC	B	-0.06%
WCC	B	-0.05%
MTZ	B	-0.04%
LFUS	B	-0.04%
ENS	B	-0.03%
VMI	B	-0.03%
ESE	B	-0.02%
STM	F	-0.02%
BDC	C	-0.02%
ACA	B	-0.02%
DGII	F	-0.01%
AZZ	C	-0.01%
EBR	D	-0.0%

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Specialty Industrial Machinery Utilities - Renewable Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Utilities - Diversified