PPA vs. VSS ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to Vanguard FTSE All-Wld ex-US SmCp Idx ETF (VSS)

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

$98.79

Average Daily Volume

149,080

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VSS

Vanguard FTSE All-Wld ex-US SmCp Idx ETF

VSS Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of international small-cap companies. The fund employs an indexing investment approach designed to track the performance of the FTSE Global Small Cap ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international small-capitalization stocks. The index includes approximately 3,050 stocks of companies located in 46 countries, including both developed and emerging markets.

Grade (RS Rating)

Last Trade

$112.54

Average Daily Volume

266,519

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	VSS
30 Days	0.13%	-0.97%
60 Days	3.05%	1.32%
90 Days	10.03%	2.48%
12 Months	22.34%	5.24%

0 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in VSS	Overlap

PPA Overweight 48 Positions Relative to VSS

Symbol	Grade	Weight
RTX	A	6.78%
LMT	B	6.68%
BA	F	6.32%
GE	A	5.49%
NOC	C	5.37%
GD	A	5.07%
LHX	D	4.48%
HON	D	4.42%
TDG	A	3.93%
ETN	B	3.82%
PH	A	3.66%
HWM	C	3.53%
AXON	B	3.32%
TXT	A	2.68%
BAH	D	2.49%
LDOS	B	2.17%
HII	D	2.15%
APH	B	2.06%
HEI	B	1.7%
BWXT	C	1.49%
KBR	B	1.33%
CW	B	1.32%
CACI	C	1.25%
WWD	B	1.13%
TDY	D	1.1%
HXL	D	1.07%
SAIC	D	1.02%
ATI	A	0.94%
J	C	0.91%
PLTR	D	0.85%
AVAV	B	0.82%
SPR	B	0.79%
PSN	B	0.68%
MOG.A	A	0.64%
KEYS	B	0.63%
KTOS	B	0.52%
OSK	B	0.48%
AIR	D	0.42%
MRCY	D	0.34%
VSAT	F	0.31%
CDRE	D	0.28%
OSIS	B	0.27%
TGI	D	0.21%
KAMN	A	0.19%
IRDM	F	0.16%
B	D	0.15%
DCO	A	0.13%
TTMI	D	0.13%

PPA Underweight 49 Positions Relative to VSS

Symbol	Grade	Weight
RBA	C	-0.45%
OTEX	F	-0.34%
WFG	C	-0.21%
PRMW	B	-0.08%
DOOO	C	-0.07%
HAFN	C	-0.06%
TAC	F	-0.06%
LSPD	F	-0.06%
CAR	F	-0.05%
HOLI	D	-0.05%
GOTU	C	-0.04%
CSIQ	F	-0.04%
JKS	F	-0.04%
IAG	B	-0.04%
FLNG	D	-0.03%
IMOS	B	-0.03%
MOMO	F	-0.03%
SGRP	A	-0.03%
SPNS	B	-0.03%
TRMD	A	-0.03%
SMMF	D	-0.02%
AZUL	F	-0.02%
FINV	C	-0.02%
DDL	D	-0.01%
DAO	D	-0.01%
UBSI	D	-0.01%
CALX	F	-0.01%
IONR	C	-0.01%
VNET	D	-0.01%
SLDB	C	-0.01%
CAN	F	-0.01%
VMAR	F	-0.01%
LX	F	-0.01%
VGR	F	-0.01%
SOHU	A	-0.01%
GCBC	D	-0.01%
NNVC	B	-0.01%
RENB	F	-0.01%
CHGX	C	-0.01%
NOAH	B	-0.01%
AUDC	D	-0.01%
ZH	F	-0.01%
EH	B	-0.01%
BAOS	F	-0.0%
NIU	C	-0.0%
HUYA	B	-0.0%
CTS	A	-0.0%
DOYU	C	-0.0%
YSG	C	-0.0%