AAXJ vs. PXH ETF Comparison

Comparison of iShares MSCI All Country Asia ex Japan Index Fund (AAXJ) to PowerShares FTSE RAFI Emerging Markets Portfolio (PXH)

AAXJ

iShares MSCI All Country Asia ex Japan Index Fund

AAXJ Description

The investment seeks to replicate the returns of the MSCI All Country Asia ex Japan Index. The fund generally invests at least 90% of its assets in securities of the underlying index and in DRs representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure equity market performance of the following 10 developed and emerging market countries or regions: China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand. Components primarily include consumer discretionary, financial, industrials and information technology companies.

Grade (RS Rating)

Last Trade

$73.87

Average Daily Volume

604,511

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

$20.79

Average Daily Volume

158,184

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AAXJ	PXH
30 Days	-4.59%	-4.03%
60 Days	-1.10%	0.42%
90 Days	0.30%	1.21%
12 Months	14.65%	18.03%

10 Overlapping Holdings

Symbol	Grade	Weight in AAXJ	Weight in PXH	Overlap
BABA	D	2.51%	4.6%	2.51%
BIDU	F	0.35%	0.55%	0.35%
CHT	D	0.2%	0.21%	0.2%
HDB	C	1.26%	0.86%	0.86%
IBN	C	1.15%	0.19%	0.19%
TCOM	B	0.49%	0.36%	0.36%
TME	D	0.12%	0.07%	0.07%
UMC	F	0.23%	0.43%	0.23%
WIT	A	0.13%	0.09%	0.09%
YUMC	C	0.27%	0.28%	0.27%

AAXJ Overweight 6 Positions Relative to PXH

Symbol	Grade	Weight
LI	F	0.21%
BGNE	D	0.15%
XPEV	C	0.11%
NIO	F	0.09%
BILI	D	0.06%
MNSO	F	0.02%

AAXJ Underweight 16 Positions Relative to PXH

Symbol	Grade	Weight
VALE	F	-1.89%
SBSW	D	-0.27%
GGB	C	-0.26%
ABEV	F	-0.21%
BEKE	D	-0.17%
QFIN	B	-0.16%
VIPS	F	-0.15%
BRFS	D	-0.15%
ERJ	B	-0.14%
PDD	F	-0.14%
DQ	F	-0.1%
BCH	F	-0.08%
JKS	F	-0.08%
ASAI	F	-0.07%
CSIQ	F	-0.05%
CSAN	F	-0.05%