CSD vs. PIO ETF Comparison

Comparison of Guggenheim Spin-Off ETF (CSD) to PowerShares Global Water Portfolio (PIO)

CSD

Guggenheim Spin-Off ETF

CSD Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Spin-off Index. The fund invests at least 90% of its assets in common stock, ADRs and MLPs that comprise the index and depositary receipts representing common stocks included in the index. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.54

Average Daily Volume

937

Number of Holdings ^*

24

* may have additional holdings in another (foreign) market

PIO

PowerShares Global Water Portfolio

PIO Description

The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$42.95

Average Daily Volume

10,461

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	CSD	PIO
30 Days	4.07%	1.97%
60 Days	12.62%	5.01%
90 Days	14.11%	6.30%
12 Months	45.06%	30.35%

1 Overlapping Holdings

	Symbol	Grade	Weight in CSD	Weight in PIO	Overlap
	VLTO	C	6.41%	4.17%	4.17%

CSD Overweight 23 Positions Relative to PIO

	Symbol	Grade	Weight
	GEV	A	9.6%
	CEG	B	7.57%
	GEHC	B	7.39%
	SOLV	D	5.68%
	CR	C	4.97%
	DTM	A	4.84%
	UHAL	A	4.68%
	KNF	C	4.56%
	ESAB	C	4.46%
	GXO	D	4.3%
	OGN	D	4.15%
	VNT	F	4.05%
	KD	F	3.72%
	RXO	D	3.57%
	CNXC	F	2.68%
	FTRE	F	2.06%
	PHIN	D	2.03%
	VSTS	D	2.01%
	NATL	D	2.0%
	VSCO	C	1.98%
	VMEO	C	0.86%
	EMBC	D	0.85%
	CCSI	C	0.31%

CSD Underweight 11 Positions Relative to PIO

	Symbol	Grade	Weight
	PNR	A	-9.13%
	ECL	A	-8.48%
	ROP	C	-8.2%
	AWK	C	-4.41%
	WAT	B	-3.87%
	XYL	B	-3.59%
	IEX	D	-2.09%
	CNM	F	-2.03%
	AOS	B	-1.92%
	WMS	D	-1.58%
	CWCO	F	-0.39%

CSD: Top Represented Industries & Keywords

Industries: Health Information Services Information Technology Services Rental & Leasing Services Software - Application Utilities - Renewable Apparel Retail Auto Parts Biotechnology Building Materials Diversified Industrials Drug Manufacturers - General Drug Manufacturers - Specialty & Generic Metal Fabrication Oil & Gas Midstream Pollution & Treatment Controls Scientific & Technical Instruments Software - Infrastructure Specialty Business Services Trucking

Keywords: S&P 500 Cloud Computing Computing Electricity Nasdaq 100 Natural Gas Renewable Energy Transport Truck Actuator Aerospace Allpoint Alternative Fuel Arc Welding Artificial Intelligence In Healthcare Asphalt Automated Teller Machine Bank Banking Beverage

PIO: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Water Diagnostics & Research Industrial Distribution Pollution & Treatment Controls Rubber & Plastics Specialty Chemicals

Keywords: S&P 500 Chemical Irrigation Water Water Treatment Beverage Boiler Chemical Process Chemical Processing Construction Dover Corporation Drug Discovery Electronics Injector Mining Pharmaceutical Plastic Plumbing Sanitation Sewerage