SLX vs. PPA ETF Comparison

Comparison of Market Vectors Steel Index ETF Fund (SLX) to PowerShares Aerospace & Defense (PPA)
SLX

Market Vectors Steel Index ETF Fund

SLX Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.41

Average Daily Volume

9,175

Number of Holdings *

26

* may have additional holdings in another (foreign) market
PPA

PowerShares Aerospace & Defense

PPA Description The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE™ 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

$114.35

Average Daily Volume

229,235

Number of Holdings *

48

* may have additional holdings in another (foreign) market
Performance
Period SLX PPA
30 Days -4.06% -1.34%
60 Days 1.22% 0.87%
90 Days 2.93% 8.74%
12 Months 6.24% 37.89%
1 Overlapping Holdings
Symbol Grade Weight in SLX Weight in PPA Overlap
ATI F 4.32% 0.9% 0.9%
SLX Overweight 25 Positions Relative to PPA
Symbol Grade Weight
RIO B 10.13%
VALE F 8.14%
NUE F 6.27%
STLD A 5.53%
TS A 5.06%
HCC A 5.02%
RS C 4.95%
CLF C 4.88%
MT B 4.81%
CRS B 4.7%
CMC A 4.63%
X C 4.4%
TX F 4.36%
PKX F 4.2%
SID F 3.99%
GGB F 3.98%
ROCK D 2.23%
WS A 1.96%
USAP A 1.32%
ASTL A 1.14%
ZEUS F 0.96%
RYI C 0.8%
SXC A 0.8%
MTUS F 0.71%
RDUS F 0.56%
SLX Underweight 47 Positions Relative to PPA
Symbol Grade Weight
RTX C -7.61%
BA F -7.13%
LMT D -7.08%
GE D -6.88%
NOC D -5.71%
GD C -5.17%
HON B -4.51%
LHX A -4.08%
HWM B -4.02%
PH A -3.9%
TDG C -3.61%
AXON B -3.31%
ETN B -3.07%
BAH A -2.11%
LDOS A -2.1%
PLTR B -2.04%
APH B -1.88%
HEI D -1.71%
TXT F -1.68%
CACI A -1.44%
HII F -1.42%
CW B -1.33%
BWXT B -1.32%
KBR B -1.0%
TDY B -0.92%
AVAV B -0.91%
WWD D -0.88%
SAIC A -0.83%
HXL F -0.7%
PSN A -0.64%
KEYS C -0.63%
MOG.A C -0.59%
SPR C -0.55%
KTOS C -0.54%
RKLB A -0.37%
AIR F -0.33%
MRCY D -0.29%
OSK C -0.27%
OSIS F -0.25%
B A -0.19%
CDRE D -0.18%
IRDM B -0.17%
TGI C -0.16%
VSAT F -0.14%
DCO D -0.13%
AI C -0.13%
TTMI A -0.13%
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