SAGP vs. PPA ETF Comparison

Comparison of Strategas Global Policy Opportunities ETF (SAGP) to PowerShares Aerospace & Defense (PPA)

SAGP

Strategas Global Policy Opportunities ETF

SAGP Description

Strategas Global Policy Opportunities ETF is an exchange traded fund launched by The Advisors' Inner Circle Fund III. The fund is co-managed by Strategas Asset Management, LLC and Vident Investment Advisory, LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. Strategas Global Policy Opportunities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.41

Average Daily Volume

2,103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$121.49

Average Daily Volume

186,719

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SAGP	PPA
30 Days	2.29%	3.31%
60 Days	2.33%	5.63%
90 Days	3.29%	8.65%
12 Months	25.60%	39.76%

11 Overlapping Holdings

Symbol	Grade	Weight in SAGP	Weight in PPA	Overlap
AIR	B	0.2%	0.35%	0.2%
AVAV	D	0.2%	0.84%	0.2%
AXON	A	3.06%	4.43%	3.06%
GD	F	1.79%	4.93%	1.79%
HII	D	1.3%	1.07%	1.07%
LDOS	C	2.16%	2.05%	2.05%
LMT	D	1.78%	6.64%	1.78%
NOC	D	1.77%	5.36%	1.77%
PLTR	B	1.59%	2.72%	1.59%
SAIC	F	0.19%	0.71%	0.19%
TXT	D	1.73%	1.74%	1.73%

SAGP Overweight 66 Positions Relative to PPA

Symbol	Grade	Weight
FICO	B	2.44%
IP	B	2.32%
FOXA	B	2.1%
DPZ	C	2.05%
INCY	C	2.02%
MO	A	1.95%
DVA	B	1.92%
EMN	D	1.9%
YUM	B	1.88%
VRSN	F	1.85%
VRTX	F	1.79%
BGNE	D	1.71%
AOS	F	1.66%
MTCH	D	1.56%
MSI	B	1.51%
GILD	C	1.46%
BIIB	F	1.44%
LYB	F	1.35%
LOGI	D	1.35%
NVS	D	1.35%
GEO	B	0.41%
CENX	B	0.35%
CXW	B	0.32%
MP	B	0.28%
MASI	A	0.28%
IDCC	A	0.27%
MD	B	0.27%
NGVT	B	0.27%
RMBS	C	0.26%
HQY	B	0.26%
CEIX	A	0.26%
EXEL	B	0.26%
LRN	A	0.25%
ARCH	B	0.25%
PRDO	B	0.24%
SLVM	B	0.23%
LSCC	D	0.23%
ATGE	B	0.23%
FHI	A	0.23%
PBI	B	0.22%
FLR	B	0.22%
DVAX	C	0.22%
DBX	B	0.22%
MATX	C	0.22%
PRI	A	0.22%
RAMP	C	0.22%
MTRN	C	0.21%
GKOS	B	0.21%
SMG	D	0.21%
YELP	C	0.21%
SEM	B	0.21%
CC	C	0.2%
CHE	D	0.19%
VTOL	B	0.19%
KOP	C	0.19%
NBIX	C	0.19%
STRA	C	0.19%
MMS	F	0.18%
HRB	D	0.18%
HRMY	D	0.18%
AMED	F	0.18%
ADUS	D	0.18%
SSTK	F	0.17%
PII	D	0.16%
LNTH	D	0.16%
MYGN	F	0.11%

SAGP Underweight 37 Positions Relative to PPA

Symbol	Grade	Weight
RTX	C	-7.09%
GE	D	-6.71%
BA	F	-6.23%
HON	B	-4.88%
HWM	A	-4.44%
PH	A	-4.28%
LHX	C	-4.07%
TDG	D	-3.35%
ETN	A	-3.16%
BAH	F	-1.92%
APH	A	-1.91%
HEI	B	-1.83%
CW	B	-1.37%
BWXT	B	-1.36%
CACI	D	-1.26%
WWD	B	-0.92%
TDY	B	-0.91%
KBR	F	-0.88%
ATI	D	-0.81%
HXL	D	-0.66%
MOG.A	B	-0.66%
KEYS	A	-0.62%
PSN	D	-0.61%
KTOS	B	-0.56%
RKLB	B	-0.56%
SPR	D	-0.51%
MRCY	B	-0.35%
OSK	B	-0.29%
OSIS	B	-0.27%
TGI	B	-0.2%
B	B	-0.19%
IRDM	D	-0.17%
CDRE	D	-0.16%
TTMI	B	-0.16%
DCO	C	-0.14%
AI	B	-0.13%
VSAT	F	-0.1%