PPH vs. MEDX ETF Comparison

Comparison of Market Vectors Pharmaceutical ETF (PPH) to Horizon Kinetics Medical ETF (MEDX)

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

$86.80

Average Daily Volume

130,098

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

MEDX

Horizon Kinetics Medical ETF

MEDX Description

The fund is an actively-managed exchange-traded fund ("ETF") that pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in common stocks, convertible securities, warrants and other equity securities having the characteristics of common stocks of U.S. and foreign companies engaged in medical research, pharmaceutical and medical technology industries and related technology industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.49

Average Daily Volume

873

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	PPH	MEDX
30 Days	-3.94%	-8.07%
60 Days	-3.43%	-8.72%
90 Days	2.85%	-2.90%
12 Months	11.84%	-9.44%

8 Overlapping Holdings

	Symbol	Grade	Weight in PPH	Weight in MEDX	Overlap
	ABBV	D	5.88%	7.88%	5.88%
	AZN	A	5.59%	4.77%	4.77%
	BMY	F	4.25%	5.43%	4.25%
	JNJ	F	6.56%	5.14%	5.14%
	LLY	D	11.73%	14.73%	11.73%
	MRK	A	6.23%	5.0%	5.0%
	NVS	B	4.93%	5.23%	4.93%
	PFE	F	4.49%	4.05%	4.05%

PPH Overweight 15 Positions Relative to MEDX

	Symbol	Grade	Weight
	NVO	B	9.83%
	MCK	A	4.7%
	HLN	B	4.68%
	SNY	C	4.64%
	GSK	C	4.49%
	TAK	F	4.22%
	ZTS	D	3.78%
	TEVA	B	2.68%
	VTRS	C	1.83%
	JAZZ	F	1.03%
	CTLT	C	0.96%
	ELAN	D	0.81%
	PRGO	A	0.63%
	OGN	A	0.6%
	PDCO	D	0.31%

PPH Underweight 2 Positions Relative to MEDX

	Symbol	Grade	Weight
	AMGN	D	-5.38%
	CRSP	F	-4.06%

PPH: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic Biotechnology Medical Distribution Drug Manufacturers - General

Keywords: Pharmaceutical Products S&P 500 Pharmaceutical Animal Health Life Sciences Antibiotics Biopharmaceutical Cancer Drugs Medication Pain Biotechnology Depressive Disorder Diabetes Hypertension Infection Infectious Diseases Active Pharmaceutical Ingredients Gastrointestinal Health Products

MEDX: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Biotechnology

Keywords: S&P 500 Pharmaceutical Products Depressive Disorder Neuroscience Animal Health Hypertension Antibiotics Clinic Diabetes Dow Jones Component Drugs Infection Infectious Diseases Inflammation Major Depressive Disorder Medication Obesity Ophthalmology Primary Care Schizophrenia