FPRO vs. PGJ ETF Comparison

Comparison of Fidelity Real Estate Investment ETF (FPRO) to PowerShares Golden Dragon China Portfolio (PGJ)

FPRO

Fidelity Real Estate Investment ETF

FPRO Description

The investment seeks above-average income and long-term capital growth, consistent with reasonable investment risk. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. The fund normally invests at least 80% of assets in securities of companies principally engaged in the real estate industry and other real estate related investments. It invests in domestic and foreign issuers. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.90

Average Daily Volume

5,625

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PGJ

PowerShares Golden Dragon China Portfolio

PGJ Description

The PowerShares Golden Dragon China Portfolio (Fund) is based on the NASDAQ Golden Dragon China Index (Index). The Fund generally will invest at least 90% of its total assets in equity securities of companies deriving a majority of their revenues from the People’s Republic of China and that comprise the Underlying Index. The Underlying Index is composed of US exchange-listed companies that are headquartered or incorporated in the People’s Republic of China. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$25.20

Average Daily Volume

193,594

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FPRO	PGJ
30 Days	-0.38%	-5.62%
60 Days	-2.17%	9.95%
90 Days	1.66%	16.21%
12 Months	21.86%	0.93%

0 Overlapping Holdings

	Symbol	Grade	Weight in FPRO	Weight in PGJ	Overlap

FPRO Overweight 40 Positions Relative to PGJ

Symbol	Grade	Weight
PLD	D	10.01%
AMT	D	9.56%
EQIX	A	7.21%
PSA	D	5.89%
VTR	C	5.69%
WELL	A	5.23%
CBRE	B	4.11%
KIM	A	3.9%
NNN	D	3.78%
UDR	B	3.51%
CUBE	D	3.33%
DLR	B	3.31%
EQR	B	2.75%
SUI	D	2.69%
COLD	D	2.21%
CCI	D	2.18%
AMH	D	2.09%
MAA	B	2.02%
EXR	D	1.92%
INVH	D	1.57%
CSGP	D	1.36%
UE	C	1.36%
LAMR	D	1.29%
SBAC	D	1.17%
CPT	B	1.08%
STAG	F	1.07%
REG	B	0.92%
FCPT	C	0.84%
PECO	A	0.77%
TRNO	F	0.73%
SKT	B	0.68%
WY	D	0.64%
COMP	B	0.55%
RHP	B	0.45%
ELME	D	0.42%
ELS	C	0.4%
MAC	B	0.34%
AKR	B	0.24%
IVT	B	0.09%
DRH	B	0.02%

FPRO Underweight 54 Positions Relative to PGJ

Symbol	Grade	Weight
YUMC	C	-9.52%
TCOM	B	-8.84%
JD	D	-8.37%
BABA	D	-7.56%
BIDU	F	-6.21%
BEKE	D	-4.54%
NTES	D	-3.64%
TME	D	-3.6%
ZTO	F	-3.39%
NIO	F	-3.36%
VIPS	F	-3.32%
HTHT	D	-3.26%
YMM	C	-3.11%
LI	F	-2.65%
BZ	F	-2.57%
QFIN	B	-2.33%
TAL	F	-2.25%
XPEV	C	-1.55%
GDS	C	-1.34%
BILI	D	-1.27%
ATAT	C	-1.18%
ATHM	D	-1.06%
DQ	F	-0.87%
ZLAB	C	-0.77%
MOMO	D	-0.68%
RLX	C	-0.67%
IQ	F	-0.67%
FINV	B	-0.65%
MNSO	F	-0.53%
JKS	F	-0.48%
CSIQ	F	-0.45%
EH	F	-0.45%
WB	D	-0.44%
TIGR	D	-0.43%
DDL	C	-0.34%
VNET	B	-0.28%
QD	C	-0.27%
LX	C	-0.26%
SOHU	F	-0.25%
NOAH	D	-0.24%
GOTU	F	-0.23%
KC	A	-0.19%
RERE	B	-0.18%
HUYA	F	-0.17%
API	C	-0.15%
DAO	B	-0.11%
DOYU	C	-0.11%
TUYA	F	-0.11%
WDH	F	-0.1%
DADA	F	-0.09%
BZUN	F	-0.07%
CAAS	C	-0.07%
NIU	F	-0.06%
CBAT	F	-0.05%