AWEG vs. PSP ETF Comparison

Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to PowerShares Listed Private Equity (PSP)

AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.71

Average Daily Volume

170

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSP

PowerShares Listed Private Equity

PSP Description

The PowerShares Global Listed Private Equity Portfolio (Fund) is based on the Red Rocks Global Listed Private Equity Index (Index). The Fund will normally invest at least 90% of its total assets in securities, which may include American depository receipts and global depository receipts, that comprise the Index. The Index includes securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles whose principal business is to invest in, lend capital to or provide services to privately held companies (collectively, listed private equity companies). The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$70.34

Average Daily Volume

16,610

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AWEG	PSP
30 Days	5.91%	0.74%
60 Days	7.15%	2.35%
90 Days	8.89%	8.91%
12 Months	36.24%	37.94%

2 Overlapping Holdings

	Symbol	Grade	Weight in AWEG	Weight in PSP	Overlap
	HLNE	B	2.11%	3.06%	2.11%
	STEP	B	4.87%	2.63%	2.63%

AWEG Overweight 22 Positions Relative to PSP

Symbol	Grade	Weight
TDG	D	11.7%
CWST	A	6.43%
GKOS	A	4.99%
TNDM	D	4.84%
WCN	A	4.8%
HEI	A	4.66%
PCTY	B	3.92%
NEOG	D	3.62%
HUBS	A	3.14%
OLLI	D	2.99%
SPSC	D	2.94%
ACAD	C	2.9%
MEG	F	2.87%
XPO	B	2.86%
UPST	B	2.77%
RXO	C	2.64%
NCNO	B	2.09%
PGNY	F	2.07%
SITE	F	2.02%
AGYS	A	1.77%
NTRA	A	1.44%
TTD	B	1.41%

AWEG Underweight 24 Positions Relative to PSP

Symbol	Grade	Weight
TPG	A	-5.92%
KKR	B	-5.63%
BX	A	-5.61%
CG	B	-4.75%
OWL	A	-3.82%
ARCC	A	-3.02%
GHC	B	-1.45%
IAC	D	-1.21%
BBUC	B	-1.16%
FSK	A	-0.93%
CODI	B	-0.75%
BXSL	A	-0.69%
GBDC	B	-0.69%
PX	A	-0.54%
CNNE	B	-0.49%
HTGC	D	-0.48%
MAIN	A	-0.48%
SLRC	A	-0.23%
BBDC	A	-0.22%
BCSF	C	-0.22%
NMFC	D	-0.21%
GSBD	F	-0.21%
TSLX	C	-0.21%
CSWC	D	-0.2%

PSP: Top Represented Industries & Keywords

Industries: Asset Management Credit Services Conglomerates Education & Training Services Internet Content & Information Specialty Finance