BRAZ vs. IPKW ETF Comparison

Comparison of Global X Brazil Active ETF (BRAZ) to PowerShares International BuyBack Achievers Portfolio (IPKW)

BRAZ

Global X Brazil Active ETF

BRAZ Description

The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.34

Average Daily Volume

597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPKW

PowerShares International BuyBack Achievers Portfolio

IPKW Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the NASDAQ International BuyBack AchieversTM Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the NASDAQ OMX Group, Inc. ("NASDAQ OMX" or the "Index Provider") includes in the underlying index common stocks of foreign companies that are classified as "International BuyBack AchieversTM" pursuant to a proprietary selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.24

Average Daily Volume

18,394

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BRAZ	IPKW
30 Days	1.57%	1.74%
60 Days	-8.50%	3.61%
90 Days	-7.93%	3.47%
12 Months		24.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in BRAZ	Weight in IPKW	Overlap
	VALE	D	10.01%	2.28%	2.28%

BRAZ Overweight 5 Positions Relative to IPKW

Symbol	Grade	Weight
PBR	D	10.46%
ITUB	D	8.72%
BBD	D	4.83%
NU	B	4.1%
MELI	B	3.68%

BRAZ Underweight 6 Positions Relative to IPKW

Symbol	Grade	Weight
NVS	A	-5.48%
BCS	A	-2.79%
LYG	A	-2.68%
E	C	-2.39%
WFG	D	-0.34%
GCBC	C	-0.02%