PPA vs. PAVE ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to Global X U.S. Infrastructure Development ETF (PAVE)

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

$102.93

Average Daily Volume

146,432

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$38.29

Average Daily Volume

1,501,450

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	PAVE
30 Days	2.69%	-3.31%
60 Days	4.07%	0.34%
90 Days	11.54%	8.29%
12 Months	32.34%	41.15%

6 Overlapping Holdings

Symbol	Grade	Weight in PPA	Weight in PAVE	Overlap
ATI	B	0.95%	0.61%	0.61%
ETN	A	3.84%	3.51%	3.51%
HWM	A	3.57%	2.26%	2.26%
J	B	0.88%	1.48%	0.88%
PH	C	3.6%	3.17%	3.17%
WWD	A	1.08%	0.82%	0.82%

PPA Overweight 41 Positions Relative to PAVE

Symbol	Grade	Weight
RTX	B	6.9%
LMT	B	6.78%
GE	A	6.04%
BA	D	5.9%
NOC	B	5.61%
GD	A	4.91%
LHX	A	4.58%
HON	C	4.31%
TDG	A	4.05%
AXON	A	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	A	1.34%
CW	A	1.31%
TDY	D	1.0%
SAIC	D	1.0%
HXL	D	0.97%
AVAV	B	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	F	0.3%
OSIS	C	0.26%
CDRE	D	0.26%
IRDM	C	0.2%
TGI	D	0.2%
DCO	A	0.15%
B	C	0.15%
TTMI	A	0.14%

PPA Underweight 90 Positions Relative to PAVE

Symbol	Grade	Weight
TT	A	-3.4%
MLM	D	-3.23%
URI	D	-3.1%
PWR	A	-3.05%
EMR	D	-3.04%
VMC	C	-2.83%
SRE	B	-2.74%
DE	B	-2.73%
NUE	D	-2.69%
FAST	D	-2.68%
UNP	C	-2.64%
NSC	D	-2.61%
CSX	D	-2.6%
ROK	F	-2.42%
FTV	F	-2.18%
BLDR	C	-1.86%
STLD	D	-1.72%
HUBB	D	-1.64%
WLK	B	-1.57%
CSL	A	-1.54%
EME	A	-1.37%
IEX	D	-1.37%
RS	D	-1.35%
TRMB	D	-1.2%
RPM	D	-1.13%
GGG	D	-1.11%
PNR	C	-1.07%
BLD	D	-1.06%
LECO	D	-1.03%
ACM	A	-1.03%
WMS	C	-1.01%
RRX	D	-0.87%
TTEK	A	-0.84%
EXP	B	-0.72%
CLF	F	-0.69%
X	F	-0.67%
WCC	C	-0.65%
AYI	C	-0.62%
POWL	B	-0.6%
RBC	D	-0.59%
MTZ	B	-0.57%
TPC	A	-0.54%
MLI	B	-0.53%
ATKR	B	-0.53%
CMC	C	-0.52%
AA	A	-0.5%
BMI	A	-0.45%
ZWS	D	-0.44%
LPX	D	-0.43%
MDU	A	-0.43%
DXPE	B	-0.42%
SUM	D	-0.4%
CENX	B	-0.39%
EXPO	B	-0.39%
CRS	A	-0.39%
STRL	D	-0.38%
USLM	A	-0.38%
DNOW	D	-0.38%
PRIM	A	-0.38%
AGX	B	-0.37%
KNF	B	-0.36%
DY	A	-0.35%
VMI	B	-0.35%
GVA	A	-0.33%
ROAD	D	-0.33%
HRI	D	-0.33%
MYRG	F	-0.32%
TEX	D	-0.31%
HAYN	C	-0.31%
CSWI	A	-0.31%
MWA	A	-0.31%
TRN	A	-0.31%
CMCO	C	-0.3%
NWPX	C	-0.3%
MTX	A	-0.3%
ACA	B	-0.3%
CACC	D	-0.29%
MRC	D	-0.29%
GBX	B	-0.29%
GRC	F	-0.28%
IIIN	D	-0.27%
ASTE	F	-0.26%
MTRN	F	-0.26%
HEES	F	-0.24%
WNC	F	-0.24%
ROCK	D	-0.23%
TITN	D	-0.22%
CTOS	F	-0.21%
RYI	F	-0.2%
CALX	F	-0.17%