PPA vs. MISL ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to First Trust Indxx Aerospace & Defense ETF (MISL)

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE™ 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

$100.91

Average Daily Volume

149,291

Number of Holdings ^*

47

* may have additional holdings in another (foreign) market

MISL

First Trust Indxx Aerospace & Defense ETF

MISL Description

The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.

Grade (RS Rating)

Last Trade

$26.91

Average Daily Volume

14,538

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	PPA	MISL
30 Days	-0.79%	-0.65%
60 Days	4.59%	2.84%
90 Days	11.02%	8.25%
12 Months	27.21%	22.49%

10 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in MISL	Overlap
	BA	F	5.98%	6.3%	5.98%
	GD	B	5.12%	8.22%	5.12%
	HII	C	2.1%	4.16%	2.1%
	HWM	B	3.45%	4.48%	3.45%
	LDOS	A	2.16%	4.38%	2.16%
	LMT	A	6.9%	7.3%	6.9%
	NOC	A	5.6%	7.44%	5.6%
	RTX	A	7.05%	8.31%	7.05%
	TDG	A	3.98%	4.38%	3.98%
	TXT	B	2.68%	4.47%	2.68%

PPA Overweight 37 Positions Relative to MISL

	Symbol	Grade	Weight
	GE	A	5.69%
	LHX	A	4.53%
	HON	C	4.49%
	ETN	A	3.74%
	PH	A	3.61%
	AXON	B	3.24%
	BAH	C	2.47%
	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	C	0.65%
	MOG.A	A	0.64%
	KEYS	C	0.6%
	KTOS	B	0.54%
	OSK	B	0.47%
	AIR	A	0.47%
	MRCY	D	0.33%
	VSAT	F	0.29%
	CDRE	D	0.27%
	OSIS	B	0.27%
	TGI	C	0.19%
	IRDM	B	0.18%
	DCO	A	0.15%
	B	D	0.15%
	TTMI	B	0.13%

PPA Underweight 0 Positions Relative to MISL

	Symbol	Grade	Weight

PPA: Top Represented Industries & Keywords

Industries: Aerospace & Defense Diversified Industrials Information Technology Services Specialty Industrial Machinery Communication Equipment Electronic Components Engineering & Construction Scientific & Technical Instruments Business Services Computer Systems Contract Manufacturers Metal Fabrication Security & Protection Services Software - Infrastructure Telecom Services Truck Manufacturing

Keywords: S&P 500 Aerospace Electronics Department Of Defense Radar Avionics National Security Weapons Defense Systems Engineering Services Helicopter Homeland Security Laser Space Systems Actuator Aerostructure Aviation Batteries Computer Security Computing

MISL: Top Represented Industries & Keywords

Industries: Aerospace & Defense Information Technology Services Specialty Industrial Machinery

Keywords: S&P 500 Aerospace Space Systems Aviation Weapons Aerospace Systems Business Aviation Combat Systems Communications Systems Defense Systems Electronics Information Technology Solutions Manned Aircraft Mission Systems National Security Navy Northrop Grumman Radar Technology Products Technology Solutions