RAYS vs. PIO ETF Comparison

Comparison of Global X Solar ETF (RAYS) to PowerShares Global Water Portfolio (PIO)

RAYS

Global X Solar ETF

RAYS Description

The Global X Solar ETF seeks to invest in companies positioned to benefit from the advancement of the global solar technology industry. This includes companies involved in solar power production; the integration of solar into energy systems; and the development/manufacturing of solar-powered generators, engines, batteries, and other technologies related to the utilization of solar as an energy source.

Grade (RS Rating)

Last Trade

$9.73

Average Daily Volume

6,680

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

PIO

PowerShares Global Water Portfolio

PIO Description

The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$41.28

Average Daily Volume

9,751

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	RAYS	PIO
30 Days	-7.16%	0.73%
60 Days	-0.82%	-2.57%
90 Days	-1.52%	-1.88%
12 Months	-19.30%	16.16%

0 Overlapping Holdings

	Symbol	Grade	Weight in RAYS	Weight in PIO	Overlap

RAYS Overweight 10 Positions Relative to PIO

	Symbol	Grade	Weight
	FSLR	F	8.86%
	ENPH	F	4.88%
	RUN	F	2.56%
	AY	B	1.67%
	ARRY	C	1.39%
	SHLS	F	1.17%
	SEDG	F	0.92%
	CSIQ	F	0.65%
	NOVA	F	0.6%
	AMPS	C	0.48%

RAYS Underweight 12 Positions Relative to PIO

	Symbol	Grade	Weight
	PNR	A	-9.8%
	ROP	B	-8.36%
	ECL	D	-8.03%
	WAT	B	-3.76%
	XYL	D	-3.62%
	VLTO	D	-3.58%
	AWK	D	-2.95%
	IEX	B	-2.91%
	CNM	D	-2.64%
	WMS	D	-1.91%
	AOS	F	-1.72%
	CWCO	C	-0.25%

RAYS: Top Represented Industries & Keywords

Industries: Solar Electronic Components Semiconductor Equipment & Materials Utilities - Regulated Electric Utilities - Renewable

Keywords: Photovoltaics Solar Energy Photovoltaic System Renewable Energy Solar Panel Solar Power Electricity Energy Conversion Energy Storage Inverter Systems Inverters Power Systems S&P 500 Solar Energy Projects Solar Modules Solar Power Systems Systems Integrator Alternative Energy Clean Energy Projects Electromagnetism

PIO: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Water Diagnostics & Research Industrial Distribution Pollution & Treatment Controls Rubber & Plastics Specialty Chemicals

Keywords: S&P 500 Chemical Irrigation Water Water Treatment Beverage Boiler Chemical Process Chemical Processing Construction Dover Corporation Drug Discovery Electronics Injector Mining Pharmaceutical Plastic Plumbing Sanitation Sewerage