PGX vs. BNDX ETF Comparison

Comparison of PowerShares Preferred Portfolio (PGX) to Vanguard Total International Bond ETF (BNDX)

PGX

PowerShares Preferred Portfolio

PGX Description

The PowerShares Preferred Portfolio is based on The BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. The Fund will normally invest at least 80% of its total assets in fixed rate US dollar-denominated preferred securities that comprise the Index. The Index tracks the performance of fixed rate US dollar-denominated preferred securities issued in the US domestic market. (Securities must be rated at least B3, based on an average of three leading ratings agencies: Moodyâs, S&P and Fitch) and must have an investment-grade country risk profile (based on an average of Moodyâs, S&P and Fitch foreign currency long-term sovereign debt ratings). The Fund and the Index are rebalanced and reconstituted on a monthly basis.

Grade (RS Rating)

Last Trade

$12.00

Average Daily Volume

3,066,911

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BNDX

Vanguard Total International Bond ETF

BNDX Description

The investment seeks to track the performance of a benchmark index that measures the investment return of non-U.S. dollar-denominated investment-grade bonds. The fund employs an indexing investment approach designed to track the performance of the Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). This Index provides a broad-based measure of the global, investment-grade, fixed-rate debt markets. It invests by sampling the index. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$49.69

Average Daily Volume

2,777,180

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

Performance

Period	PGX	BNDX
30 Days	-2.88%	-1.02%
60 Days	1.06%	0.45%
90 Days	4.08%	0.21%
12 Months	17.59%	8.47%

1 Overlapping Holdings

	Symbol	Grade	Weight in PGX	Weight in BNDX	Overlap
	T	A	1.32%	0.01%	0.01%

PGX Overweight 39 Positions Relative to BNDX

Symbol	Grade	Weight
TBB	C	1.16%
SOJD	D	0.82%
TBC	D	0.74%
SREA	A	0.68%
RZC	A	0.68%
CMSD	C	0.57%
PRS	C	0.52%
DUKB	C	0.46%
BPYPM	B	0.44%
UZE	B	0.41%
SOJC	D	0.4%
CTDD	C	0.39%
RZB	C	0.36%
PFH	D	0.36%
DTW	D	0.35%
ESGRP	B	0.31%
ACGLO	C	0.28%
UNMA	D	0.27%
MGR	C	0.27%
CMSC	C	0.25%
EAI	D	0.24%
OZKAP	C	0.24%
GPJA	D	0.23%
EMP	D	0.22%
ELC	D	0.22%
NRUC	C	0.22%
ENO	C	0.21%
AIZN	C	0.2%
CMSA	C	0.18%
SFB	D	0.18%
AFGC	C	0.17%
FCNCO	C	0.17%
BPYPO	B	0.15%
AFGE	C	0.15%
BPYPN	B	0.15%
AFGD	C	0.13%
BPYPP	C	0.12%
AFGB	C	0.11%
BPOPM	A	0.03%

PGX Underweight 153 Positions Relative to BNDX

Symbol	Grade	Weight
SPG	C	-0.01%
SO	C	-0.01%
SLB	F	-0.01%
SCOR	F	-0.01%
RTX	C	-0.01%
ZBH	C	-0.01%
XYL	F	-0.01%
WM	A	-0.01%
WHR	B	-0.01%
WELL	A	-0.01%
WBA	C	-0.01%
VTRS	B	-0.01%
VTR	B	-0.01%
VFC	A	-0.01%
UPS	C	-0.01%
TEL	A	-0.01%
TAP	D	-0.01%
SYY	D	-0.01%
SYK	A	-0.01%
AL	B	-0.01%
AIG	B	-0.01%
CP	F	-0.01%
COF	A	-0.01%
EMR	B	-0.01%
EMN	C	-0.01%
NDAQ	B	-0.01%
MSFT	D	-0.01%
EEFT	F	-0.01%
MRK	F	-0.01%
MP	B	-0.01%
CL	F	-0.01%
EDC	C	-0.01%
ECL	C	-0.01%
DXC	D	-0.01%
DSM	D	-0.01%
MMM	D	-0.01%
MHK	D	-0.01%
CE	F	-0.01%
CCEP	D	-0.01%
DIS	C	-0.01%
MET	C	-0.01%
MCO	D	-0.01%
MCK	C	-0.01%
MAN	F	-0.01%
MA	B	-0.01%
LYB	F	-0.01%
LLY	F	-0.01%
BWA	D	-0.01%
BX	B	-0.01%
PEP	D	-0.01%
ORCL	B	-0.01%
BSX	C	-0.01%
IFF	D	-0.01%
PSA	D	-0.01%
KMI	B	-0.01%
KKR	B	-0.01%
K	A	-0.01%
BMY	A	-0.01%
HOG	F	-0.01%
JNJ	D	-0.01%
BLK	B	-0.01%
BIP	B	-0.01%
PPL	C	-0.01%
PPG	F	-0.01%
PM	A	-0.01%
BDX	C	-0.01%
PFE	D	-0.01%
GM	B	-0.01%
GLW	A	-0.01%
GIS	D	-0.01%
OMC	B	-0.01%
OBND	C	-0.01%
O	D	-0.01%
BACA	D	-0.01%
AZN	F	-0.01%
ASML	F	-0.01%
APTV	F	-0.01%
APD	B	-0.01%
FDX	C	-0.01%
ITW	A	-0.01%
INTC	C	-0.01%
AON	A	-0.01%
AMT	D	-0.01%
AMGN	C	-0.01%
AMCR	D	-0.01%
ETN	B	-0.01%
NEE	D	-0.01%
DE	B	-0.01%
SE	B	-0.01%
RY	B	-0.01%
TMO	D	-0.01%
XOM	C	-0.01%
WPC	F	-0.01%
VOD	D	-0.01%
USB	B	-0.01%
MUFG	A	-0.01%
CRH	A	-0.01%
ADM	F	-0.01%
TD	F	-0.01%
MO	A	-0.01%
ABBV	A	-0.01%
AAPL	C	-0.01%
DOV	B	-0.01%
DOW	F	-0.01%
CB	C	-0.01%
DHY	C	-0.01%
DHR	D	-0.01%
MDT	B	-0.01%
MDLZ	D	-0.01%
MCD	C	-0.01%
KO	D	-0.01%
LIN	C	-0.01%
CAF	A	-0.01%
BKNG	A	-0.01%
BHP	C	-0.01%
BG	F	-0.01%
HON	B	-0.01%
IBM	C	-0.01%
JCI	B	-0.01%
BAX	F	-0.01%
GE	D	-0.01%
PG	D	-0.01%
GSK	F	-0.01%
PLD	F	-0.01%
PH	A	-0.01%
EQNR	F	-0.01%
DB	B	-0.01%
FIS	B	-0.01%
BAC	B	-0.01%
GS	B	-0.01%
BMO	B	-0.01%
BNS	B	-0.01%
KSA	C	-0.01%
DLR	A	-0.01%
MS	B	-0.01%
ABT	A	-0.01%
UBS	B	-0.01%
WMT	A	-0.01%
WFC	B	-0.01%
VZ	D	-0.01%
SEB	F	-0.01%
STLA	F	-0.01%
C	A	-0.01%
EDF	B	-0.01%
DT	B	-0.01%
CMCSA	A	-0.01%
NWG	A	-0.01%
HSBC	A	-0.01%
CM	A	-0.01%
JPM	A	-0.01%
COE	A	-0.01%
CAN	B	-0.01%
BGB	A	-0.01%