PPH vs. HDAW ETF Comparison

Comparison of Market Vectors Pharmaceutical ETF (PPH) to Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW)

PPH

Market Vectors Pharmaceutical ETF

PPH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Pharmaceutical 25 Index (the "Pharmaceutical Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Pharmaceutical Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the pharmaceutical industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$86.52

Average Daily Volume

118,568

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HDAW

Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF

HDAW Description

The investment seeks investment results that correspond generally to the performance of the MSCI ACWI ex US High Dividend Yield US Dollar Hedged Index. The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to reflect the performance of equities (excluding REITs) in its parent index, the MSCI ACWI ex US Index, with higher dividend income and quality characteristics than average dividend yields of equities in the parent index, where such higher dividend income and quality characteristics are both sustainable and persistent. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.67

Average Daily Volume

863

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPH	HDAW
30 Days	-3.21%	-0.44%
60 Days	-3.93%	1.83%
90 Days	2.52%	3.39%
12 Months	12.12%	9.53%

1 Overlapping Holdings

	Symbol	Grade	Weight in PPH	Weight in HDAW	Overlap
	NVS	B	4.87%	4.5%	4.5%

PPH Overweight 22 Positions Relative to HDAW

Symbol	Grade	Weight
LLY	D	12.02%
NVO	C	9.63%
JNJ	F	6.59%
MRK	A	6.31%
ABBV	C	5.71%
AZN	A	5.52%
MCK	A	4.69%
SNY	C	4.57%
HLN	B	4.56%
PFE	F	4.49%
GSK	C	4.48%
BMY	F	4.29%
TAK	F	4.23%
ZTS	D	3.85%
TEVA	C	2.78%
VTRS	C	1.86%
JAZZ	F	1.06%
CTLT	C	0.98%
ELAN	F	0.85%
PRGO	C	0.64%
OGN	B	0.58%
PDCO	D	0.31%

PPH Underweight 12 Positions Relative to HDAW

Symbol	Grade	Weight
UL	B	-2.78%
STLA	C	-1.36%
VALE	D	-0.96%
HDEF	A	-0.71%
UMC	C	-0.41%
ABEV	F	-0.26%
SCCO	A	-0.23%
AGCO	B	-0.17%
DEM	B	-0.17%
GGB	F	-0.12%
QFIN	A	-0.05%
KT	D	-0.04%