PPA vs. KONG ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to Formidable Fortress ETF (KONG)

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

$101.17

Average Daily Volume

148,271

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KONG

Formidable Fortress ETF

KONG Description

The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts (REITs), and other equity investments or ownership interests in business enterprises. It invests predominantly in common stocks of large- and mid-cap companies (the "Investable Universe"). The fund's derivative investments may include, among other instruments: (i) options; (ii) volatility-linked ETFs; and (iii) volatility-linked exchange-traded notes (ETNs). It is non-diversified.

Grade (RS Rating)

Last Trade

$26.13

Average Daily Volume

2,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	KONG
30 Days	0.57%	-5.67%
60 Days	3.17%	-3.54%
90 Days	9.81%	0.41%
12 Months	27.49%	6.17%

0 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in KONG	Overlap

PPA Overweight 47 Positions Relative to KONG

Symbol	Grade	Weight
RTX	A	7.05%
LMT	A	6.9%
BA	D	5.98%
GE	A	5.69%
NOC	A	5.6%
GD	A	5.12%
LHX	B	4.53%
HON	C	4.49%
TDG	A	3.98%
ETN	B	3.74%
PH	B	3.61%
HWM	B	3.45%
AXON	B	3.24%
TXT	D	2.68%
BAH	B	2.47%
LDOS	A	2.16%
HII	C	2.1%
APH	A	2.03%
HEI	A	1.83%
BWXT	C	1.38%
KBR	A	1.33%
CW	A	1.32%
CACI	A	1.29%
WWD	A	1.1%
TDY	D	1.08%
SAIC	C	1.0%
HXL	D	0.96%
ATI	A	0.94%
J	C	0.89%
AVAV	A	0.85%
PLTR	C	0.81%
SPR	D	0.77%
PSN	D	0.65%
MOG.A	A	0.64%
KEYS	D	0.6%
KTOS	B	0.54%
OSK	B	0.47%
AIR	A	0.47%
MRCY	D	0.33%
VSAT	F	0.29%
CDRE	C	0.27%
OSIS	B	0.27%
TGI	D	0.19%
IRDM	B	0.18%
DCO	A	0.15%
B	D	0.15%
TTMI	B	0.13%

PPA Underweight 30 Positions Relative to KONG

Symbol	Grade	Weight
EME	A	-4.17%
ADM	D	-3.98%
TPL	B	-3.96%
GNTX	D	-3.83%
CHE	D	-3.58%
CPT	A	-3.51%
NDSN	C	-3.42%
GGG	D	-3.42%
SPGI	C	-3.31%
CSCO	D	-3.3%
CTRA	B	-3.29%
JKHY	C	-3.27%
IBKR	A	-3.21%
ADP	B	-3.18%
JNJ	D	-3.17%
UTHR	A	-3.16%
RS	D	-3.14%
DOX	D	-3.01%
WST	D	-2.99%
MNST	D	-2.97%
PSA	D	-2.96%
CTSH	D	-2.91%
RHI	F	-2.91%
GLPI	F	-2.84%
VRTX	C	-2.69%
REGN	C	-2.64%
MKTX	F	-2.58%
FAST	C	-2.39%
SNA	D	-2.31%
ERIE	C	-2.05%