XCEM vs. PXH ETF Comparison

Comparison of EGShares EM Core ex-China ETF (XCEM) to PowerShares FTSE RAFI Emerging Markets Portfolio (PXH)

XCEM

EGShares EM Core ex-China ETF

XCEM Description

The investment seeks investment results that correspond to the EGAI Emerging Markets ex-China IndexSM. The fund will invest at least 80% of its net assets in the companies included in the underlying index and generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities. The underlying index is a market capitalization-weighted index designed to provide broad, core emerging markets equity exposure by measuring the stock performance of up to 700 companies across the EGAI Emerging Markets Universe, excluding those listed or domiciled in China and Hong Kong. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.06

Average Daily Volume

157,214

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$20.40

Average Daily Volume

158,205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XCEM	PXH
30 Days	5.08%	1.28%
60 Days	2.95%	1.08%
90 Days	2.82%	5.62%
12 Months	12.61%	13.35%

12 Overlapping Holdings

Symbol	Grade	Weight in XCEM	Weight in PXH	Overlap
ABEV	F	0.19%	0.21%	0.19%
ASAI	F	0.41%	0.07%	0.07%
BRFS	A	0.07%	0.14%	0.07%
CHT	D	0.67%	0.22%	0.22%
ERJ	D	0.24%	0.1%	0.1%
GGB	D	0.13%	0.26%	0.13%
HDB	B	2.0%	0.89%	0.89%
IBN	A	1.87%	0.19%	0.19%
SBSW	F	0.09%	0.3%	0.09%
UMC	B	0.48%	0.54%	0.48%
VALE	F	0.88%	2.17%	0.88%
WIT	A	0.23%	0.08%	0.08%

XCEM Overweight 4 Positions Relative to PXH

Symbol	Grade	Weight
INFY	B	1.48%
KB	A	0.53%
SHG	B	0.47%
SKM	D	0.08%

XCEM Underweight 14 Positions Relative to PXH

Symbol	Grade	Weight
BABA	D	-3.74%
BIDU	F	-0.59%
TCOM	D	-0.28%
YUMC	F	-0.19%
PDD	D	-0.18%
VIPS	F	-0.15%
BEKE	D	-0.13%
TME	B	-0.1%
QFIN	C	-0.1%
JKS	F	-0.08%
BCH	D	-0.08%
DQ	F	-0.07%
CSIQ	F	-0.06%
CSAN	F	-0.06%