XHE vs. PSCH ETF Comparison

Comparison of SPDR S&P Health Care Equipment (XHE) to PowerShares S&P SmallCap Health Care Portfolio (PSCH)

XHE

SPDR S&P Health Care Equipment

XHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$88.70

Average Daily Volume

10,252

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCH

PowerShares S&P SmallCap Health Care Portfolio

PSCH Description

The PowerShares S&P SmallCap Health Care Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Health Care 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 measure the overall performance of common stocks in the health care sector. Included are healthcare companies principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$44.15

Average Daily Volume

10,603

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XHE	PSCH
30 Days	0.61%	-2.39%
60 Days	-1.37%	-6.20%
90 Days	5.04%	-2.02%
12 Months	27.60%	25.35%

17 Overlapping Holdings

Symbol	Grade	Weight in XHE	Weight in PSCH	Overlap
AORT	A	0.91%	0.69%	0.69%
AVNS	F	0.57%	0.7%	0.57%
CNMD	D	1.51%	1.3%	1.3%
EMBC	C	0.59%	0.55%	0.55%
GKOS	B	1.89%	4.85%	1.89%
IART	C	1.99%	0.87%	0.87%
ICUI	C	1.8%	2.95%	1.8%
INSP	D	1.75%	3.9%	1.75%
ITGR	D	1.83%	2.88%	1.83%
LMAT	B	1.52%	1.21%	1.21%
MMSI	B	1.83%	3.77%	1.83%
NARI	A	1.73%	1.5%	1.5%
OMCL	B	1.66%	1.25%	1.25%
STAA	F	1.72%	1.01%	1.01%
TMDX	F	1.48%	2.69%	1.48%
TNDM	F	1.32%	1.43%	1.32%
UFPT	D	1.61%	1.39%	1.39%

XHE Overweight 45 Positions Relative to PSCH

Symbol	Grade	Weight
MASI	A	2.29%
PEN	A	2.03%
LIVN	C	2.0%
DXCM	C	1.97%
GMED	A	1.94%
ISRG	B	1.91%
LNTH	C	1.91%
SOLV	B	1.91%
EW	D	1.88%
GEHC	D	1.88%
IRTC	C	1.87%
AXNX	A	1.87%
BSX	C	1.87%
BDX	C	1.87%
PODD	A	1.86%
ATRC	A	1.86%
MDT	B	1.85%
HOLX	A	1.83%
HAE	F	1.83%
ABT	A	1.83%
ZBH	C	1.8%
NVST	A	1.8%
SYK	A	1.78%
RMD	A	1.76%
TFX	F	1.75%
XRAY	F	1.71%
STE	D	1.7%
BAX	F	1.69%
ENOV	C	1.67%
IDXX	F	1.66%
RXST	D	1.65%
ALGN	F	1.63%
NVCR	F	1.61%
NEOG	D	1.55%
PRCT	A	1.51%
ATEC	C	1.51%
SRDX	D	1.27%
VREX	C	0.96%
ZIMV	D	0.61%
OFIX	A	0.58%
SIBN	D	0.56%
KIDS	D	0.53%
OSUR	F	0.45%
AXGN	B	0.42%
TCMD	A	0.37%

XHE Underweight 52 Positions Relative to PSCH

Symbol	Grade	Weight
ALKS	F	-3.12%
CORT	B	-3.04%
OGN	D	-3.01%
RDNT	D	-2.99%
KRYS	C	-2.97%
HIMS	B	-2.76%
ADMA	B	-2.49%
PBH	A	-2.43%
SEM	B	-2.34%
TGTX	A	-2.1%
CRVL	D	-1.88%
PTGX	B	-1.87%
CPRX	A	-1.62%
ADUS	D	-1.57%
ASTH	C	-1.54%
PINC	A	-1.42%
VCEL	D	-1.41%
MYGN	F	-1.38%
LGND	A	-1.33%
AMPH	A	-1.29%
SUPN	B	-1.27%
PRVA	B	-1.22%
NEO	D	-1.14%
FTRE	F	-1.13%
PDCO	F	-1.13%
AMN	F	-1.02%
NHC	C	-1.0%
DVAX	A	-0.9%
XNCR	A	-0.89%
PGNY	F	-0.85%
USPH	F	-0.84%
COLL	F	-0.79%
CERT	F	-0.78%
AHCO	D	-0.76%
INVA	C	-0.74%
MD	A	-0.72%
HRMY	D	-0.7%
SDGR	F	-0.68%
ANIP	F	-0.67%
OMI	F	-0.66%
RCUS	F	-0.64%
BLFS	B	-0.54%
PCRX	C	-0.54%
HSTM	A	-0.47%
VIR	B	-0.47%
MLAB	D	-0.44%
IRWD	F	-0.38%
SLP	F	-0.37%
CTKB	F	-0.35%
PAHC	B	-0.33%
RGNX	F	-0.3%
FLGT	C	-0.26%