PEZ vs. LGHT ETF Comparison

Comparison of PowerShares Dynamic Consumer Discretionary (PEZ) to Langar Global HealthTech ETF (LGHT)

PEZ

PowerShares Dynamic Consumer Discretionary

PEZ Description

The PowerShares Dynamic Consumer Discretionary Sector Portfolio (Fund) is based on the Dynamic Consumer Discretionary Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$108.05

Average Daily Volume

2,910

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LGHT

Langar Global HealthTech ETF

LGHT Description

LGHT targets the global healthcare technology industry. The fund actively invests in HealthTech companies, which the adviser defines as firms that develop technology designed to create healthcare efficiency by addressing key pain points for patients, providers, payors, and hospitals, including those companies that derive a majority of their revenue from HealthTech products and services. The portfolio construction starts by identifying companies that fit into the advisers HealthTech definition. The remaining companies are screened using a proprietary metric that assesses each firms financial health, involvement in relevant controversies, as well as the strength of its team and culture. Each company is then assigned an industry risk score through an algorithm that defines quantitative and qualitative risk categories and weights them accordingly. Finally, each company is reviewed by an investment committee. However, the portfolio manager still has full discretion over the final selection.

Grade (RS Rating)

Last Trade

$10.35

Average Daily Volume

915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PEZ	LGHT
30 Days	4.67%	-1.96%
60 Days	5.09%	-2.17%
90 Days	5.85%	-1.81%
12 Months	52.21%

0 Overlapping Holdings

	Symbol	Grade	Weight in PEZ	Weight in LGHT	Overlap

PEZ Overweight 38 Positions Relative to LGHT

Symbol	Grade	Weight
CVNA	B	6.03%
MOD	A	5.48%
RCL	A	5.0%
TOL	B	4.07%
AMZN	C	3.75%
MUSA	B	3.62%
NFLX	A	3.47%
DASH	B	3.02%
PHM	D	2.92%
WING	D	2.91%
TXRH	B	2.89%
NVR	D	2.82%
SKYW	C	2.77%
SHAK	C	2.64%
KBH	D	2.56%
HLT	A	2.5%
H	B	2.4%
MTH	D	2.33%
OLLI	D	2.33%
DHI	F	2.3%
LEN	D	2.27%
GPI	B	2.23%
TJX	A	2.12%
MHO	D	2.12%
LNW	F	1.97%
BOOT	C	1.95%
SKY	A	1.92%
GRBK	D	1.77%
TMHC	C	1.73%
PLCE	C	1.69%
TPH	D	1.42%
LAMR	C	1.36%
LTH	C	1.35%
CCS	D	1.19%
GOLF	B	1.09%
DFH	D	0.96%
GIII	D	0.94%
SNBR	F	0.79%

PEZ Underweight 31 Positions Relative to LGHT

Symbol	Grade	Weight
ISRG	A	-15.39%
GEHC	D	-8.56%
RMD	C	-6.71%
IQV	F	-6.34%
DXCM	C	-5.51%
PODD	C	-5.26%
VEEV	C	-5.15%
PHG	C	-4.87%
ZBH	C	-3.57%
BNTX	C	-3.53%
ALGN	D	-2.85%
MASI	B	-2.46%
DOCS	C	-2.06%
MRNA	F	-1.72%
PRCT	B	-1.27%
ALKS	C	-0.66%
TNDM	D	-0.54%
IRTC	C	-0.44%
PRVA	C	-0.44%
OMCL	C	-0.42%
LFST	B	-0.31%
TDOC	C	-0.28%
PGNY	F	-0.25%
EVH	F	-0.22%
SDGR	C	-0.21%
GDRX	F	-0.2%
ALHC	C	-0.2%
PHR	F	-0.17%
ACCD	D	-0.07%
MODV	C	-0.03%
TBRG	B	-0.03%