PAVE vs. PPA ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to PowerShares Aerospace & Defense (PPA)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$40.89

Average Daily Volume

1,103,648

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$115.90

Average Daily Volume

220,811

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	PPA
30 Days	3.73%	2.23%
60 Days	9.27%	10.22%
90 Days	10.75%	12.29%
12 Months	38.48%	48.56%

6 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in PPA	Overlap
ATI	B	0.64%	0.96%	0.64%
ETN	C	3.39%	3.39%	3.39%
HWM	A	3.08%	4.54%	3.08%
J	D	1.23%	0.95%	0.95%
PH	A	3.35%	4.55%	3.35%
WWD	B	0.77%	1.05%	0.77%

PAVE Overweight 92 Positions Relative to PPA

Symbol	Grade	Weight
TT	A	3.82%
URI	C	3.49%
PWR	B	3.23%
SRE	A	2.9%
EMR	B	2.84%
MLM	D	2.68%
DE	A	2.68%
FAST	B	2.56%
NSC	C	2.56%
UNP	D	2.52%
VMC	D	2.48%
CSX	D	2.46%
ROK	D	2.2%
NUE	D	2.18%
FTV	B	2.07%
BLDR	B	1.79%
HUBB	A	1.71%
CSL	A	1.63%
STLD	B	1.52%
EME	C	1.51%
WLK	C	1.44%
RS	D	1.24%
IEX	D	1.21%
PNR	C	1.2%
RPM	A	1.16%
TRMB	B	1.15%
GGG	B	1.1%
ACM	C	1.05%
BLD	C	0.96%
TTEK	B	0.94%
WMS	D	0.91%
LECO	D	0.82%
RRX	C	0.82%
TPC	A	0.79%
EXP	C	0.75%
MTZ	B	0.72%
POWL	A	0.7%
CR	B	0.67%
RBC	C	0.65%
WCC	C	0.64%
MLI	C	0.63%
AYI	A	0.63%
X	F	0.59%
CRS	C	0.59%
LPX	A	0.58%
AGX	A	0.57%
USLM	C	0.53%
AA	B	0.51%
STRL	B	0.5%
CMC	D	0.48%
BMI	A	0.48%
CLF	D	0.48%
ZWS	A	0.46%
VMI	B	0.45%
EXPO	A	0.44%
PRIM	C	0.44%
CSWI	B	0.43%
DY	C	0.43%
GVA	A	0.43%
MDU	C	0.42%
DXPE	C	0.41%
ROAD	C	0.41%
NWPX	C	0.39%
KNF	C	0.38%
MWA	A	0.38%
CENX	B	0.36%
SUM	D	0.35%
HRI	C	0.34%
TRN	C	0.34%
ACA	C	0.34%
DNOW	F	0.33%
MRC	D	0.31%
MTX	B	0.29%
GRC	B	0.29%
GBX	C	0.28%
HAYN	B	0.28%
TEX	F	0.26%
CXT	F	0.24%
HEES	D	0.24%
CMCO	D	0.24%
IIIN	F	0.23%
ASTE	F	0.23%
MTRN	F	0.23%
ATKR	F	0.23%
ROCK	D	0.22%
CALX	C	0.22%
WNC	F	0.19%
MTUS	F	0.18%
MYRG	F	0.18%
RYI	F	0.15%
TITN	F	0.13%
CTOS	F	0.13%

PAVE Underweight 42 Positions Relative to PPA

Symbol	Grade	Weight
LMT	A	-7.38%
RTX	A	-6.82%
GE	C	-6.67%
NOC	B	-5.31%
BA	F	-5.22%
GD	A	-4.51%
LHX	A	-4.23%
HON	C	-3.96%
TDG	A	-3.69%
AXON	A	-3.66%
LDOS	A	-2.35%
BAH	A	-2.31%
HEI	A	-2.02%
APH	D	-2.01%
TXT	F	-2.0%
HII	F	-1.66%
CACI	A	-1.49%
CW	A	-1.44%
PLTR	A	-1.41%
BWXT	A	-1.34%
KBR	C	-1.13%
TDY	A	-1.02%
SAIC	A	-0.97%
AVAV	B	-0.93%
HXL	F	-0.78%
KEYS	B	-0.77%
PSN	A	-0.73%
MOG.A	A	-0.71%
SPR	D	-0.65%
KTOS	A	-0.59%
AIR	D	-0.38%
MRCY	B	-0.37%
OSK	F	-0.28%
OSIS	B	-0.27%
CDRE	B	-0.26%
VSAT	F	-0.21%
IRDM	B	-0.2%
TGI	F	-0.16%
TTMI	D	-0.15%
DCO	A	-0.15%
B	C	-0.14%
AI	F	-0.1%