PSI vs. SMHX ETF Comparison

Comparison of PowerShares Dynamic Semiconductors (PSI) to VanEck Fabless Semiconductor ETF (SMHX)

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$56.38

Average Daily Volume

96,685

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

SMHX

VanEck Fabless Semiconductor ETF

SMHX Description

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.49

Average Daily Volume

30,191

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

Performance

Period	PSI	SMHX
30 Days	-0.25%	1.55%
60 Days	2.75%	10.16%
90 Days	-3.43%
12 Months	28.48%

7 Overlapping Holdings

	Symbol	Grade	Weight in PSI	Weight in SMHX	Overlap
	AVGO	D	5.41%	14.4%	5.41%
	CRUS	D	2.03%	2.98%	2.03%
	MPWR	F	1.79%	2.57%	1.79%
	NVDA	B	5.76%	22.39%	5.76%
	PI	D	3.07%	2.72%	2.72%
	QCOM	F	4.99%	4.39%	4.39%
	SMTC	B	3.45%	1.4%	1.4%

PSI Overweight 19 Positions Relative to SMHX

	Symbol	Grade	Weight
	MU	D	5.25%
	TXN	C	5.19%
	ADI	D	4.77%
	AMAT	F	4.6%
	LRCX	F	4.53%
	MTSI	B	3.39%
	ACMR	D	2.88%
	PLAB	C	2.87%
	ICHR	C	2.85%
	UCTT	D	2.72%
	MKSI	C	2.62%
	NXPI	D	2.5%
	ENTG	D	2.48%
	AOSL	C	2.34%
	SWKS	F	2.24%
	AMKR	D	2.21%
	ONTO	F	2.21%
	KLAC	F	2.2%
	FORM	D	2.15%

PSI Underweight 14 Positions Relative to SMHX

	Symbol	Grade	Weight
	SNPS	B	-5.08%
	MRVL	B	-4.87%
	CDNS	B	-4.6%
	AMD	F	-4.13%
	ARM	F	-3.9%
	RMBS	B	-3.62%
	LSCC	D	-2.92%
	POWI	F	-2.25%
	SLAB	F	-1.89%
	AMBA	B	-1.67%
	SIMO	D	-1.55%
	ALGM	D	-1.54%
	SITM	B	-1.47%
	SYNA	C	-1.47%

PSI: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Electronic Components Scientific & Technical Instruments Semiconductor Memory

Keywords: Semiconductor Integrated Circuits S&P 500 Nasdaq 100 Semiconductor Device Fabrication Electronic Engineering Electronics Computing Fabless Semiconductor Companies Electrical Engineering Manufacturing Process Power Management Semiconductor Devices Transistor Wafer Chemical Mechanical Planarization Consumer Applications Consumer Electronics Electromagnetism Flat Panel Display

SMHX: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Electronic Components Semiconductor Equipment & Materials Semiconductor Memory

Keywords: Fabless Semiconductor Companies Integrated Circuits Semiconductor Nasdaq 100 Electronic Engineering S&P 500 Electronics Computing Consumer Electronics Design Manufacturers Electrical Engineering Ethernet Mobile Devices Smartphones Camera Communications Products Consumer Applications Electromagnetism Modem Notebook Computer