RATE vs. KBWB ETF Comparison

Comparison of Global X Interest Rate Hedge ETF (RATE) to PowerShares KBW Bank Portfolio ETF (KBWB)

RATE

Global X Interest Rate Hedge ETF

RATE Description

The fund is an actively managed exchange traded fund that seeks to achieve its investment objective primarily by investing in (1) long put options position(s) on exchange traded funds that primarily invest in U.S. Treasuries and/or long put options position(s) on U.S. Treasury futures, and/or (2) long interest rate payer swap options ("swaptions"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.95

Average Daily Volume

2,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBWB

PowerShares KBW Bank Portfolio ETF

KBWB Description

The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$69.54

Average Daily Volume

979,229

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	RATE	KBWB
30 Days	2.53%	11.89%
60 Days	15.04%	18.35%
90 Days	11.72%	19.89%
12 Months	-3.69%	69.36%

0 Overlapping Holdings

	Symbol	Grade	Weight in RATE	Weight in KBWB	Overlap

RATE Overweight 1 Positions Relative to KBWB

	Symbol	Grade	Weight
	CLIP	A	82.29%

RATE Underweight 24 Positions Relative to KBWB

Symbol	Grade	Weight
MS	A	-8.9%
WFC	A	-8.73%
GS	A	-7.94%
BAC	A	-7.9%
JPM	A	-7.51%
MTB	A	-4.3%
COF	C	-4.29%
BK	A	-3.97%
PNC	B	-3.85%
C	A	-3.8%
STT	B	-3.8%
FITB	B	-3.78%
HBAN	A	-3.78%
USB	A	-3.69%
TFC	A	-3.63%
RF	A	-3.52%
NTRS	A	-3.21%
CFG	B	-3.05%
KEY	B	-2.65%
EWBC	A	-2.1%
FHN	A	-1.59%
WAL	B	-1.44%
CMA	B	-1.32%
ZION	B	-1.28%

RATE: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund Mortgage Backed Security Securitization U.S. Treasury Wagering