PXH vs. GEM ETF Comparison

Comparison of PowerShares FTSE RAFI Emerging Markets Portfolio (PXH) to Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)

PXH

PowerShares FTSE RAFI Emerging Markets Portfolio

PXH Description

The PowerShares FTSE RAFI Emerging Markets Portfolio (Fund) is based on the FTSE RAFI Emerging Markets Index ND (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of the largest Emerging Market equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$20.70

Average Daily Volume

152,985

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

GEM Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Emerging Markets Equity Index. The fund invests at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of emerging market issuers.

Grade (RS Rating)

Last Trade

$33.19

Average Daily Volume

67,722

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PXH	GEM
30 Days	-4.63%	-4.28%
60 Days	1.81%	-0.55%
90 Days	1.37%	-1.04%
12 Months	18.21%	12.25%

22 Overlapping Holdings

Symbol	Grade	Weight in PXH	Weight in GEM	Overlap
ABEV	F	0.21%	0.07%	0.07%
ASAI	F	0.07%	0.04%	0.04%
BABA	D	4.6%	1.93%	1.93%
BCH	C	0.08%	0.09%	0.08%
BEKE	D	0.17%	0.05%	0.05%
BIDU	F	0.55%	0.15%	0.15%
BRFS	C	0.15%	0.04%	0.04%
CHT	C	0.21%	0.06%	0.06%
CSAN	F	0.05%	0.04%	0.04%
ERJ	A	0.14%	0.05%	0.05%
GGB	C	0.26%	0.09%	0.09%
HDB	C	0.86%	0.46%	0.46%
IBN	C	0.19%	0.8%	0.19%
PDD	F	0.14%	0.75%	0.14%
QFIN	A	0.16%	0.2%	0.16%
TCOM	B	0.36%	0.18%	0.18%
TME	D	0.07%	0.1%	0.07%
UMC	F	0.43%	0.18%	0.18%
VALE	F	1.89%	0.41%	0.41%
VIPS	F	0.15%	0.2%	0.15%
WIT	B	0.09%	0.21%	0.09%
YUMC	C	0.28%	0.24%	0.24%

PXH Overweight 4 Positions Relative to GEM

Symbol	Grade	Weight
SBSW	D	0.27%
DQ	F	0.1%
JKS	F	0.08%
CSIQ	F	0.05%

PXH Underweight 18 Positions Relative to GEM

Symbol	Grade	Weight
KB	B	-0.27%
SKM	C	-0.22%
SHG	C	-0.2%
NU	C	-0.14%
BGNE	D	-0.11%
SCCO	F	-0.09%
KT	A	-0.09%
BAP	A	-0.08%
ATHM	C	-0.07%
LI	F	-0.06%
TAL	F	-0.06%
XP	F	-0.05%
LPL	D	-0.04%
KEP	B	-0.04%
IQ	F	-0.03%
BVN	D	-0.03%
PAGS	F	-0.03%
BZ	F	-0.03%