PHO vs. AVSE ETF Comparison

Comparison of Invesco Water Resources ETF (PHO) to Avantis Responsible Emerging Markets Equity ETF (AVSE)

PHO

Invesco Water Resources ETF

PHO Description

The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies 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

$69.32

Average Daily Volume

70,046

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVSE

Avantis Responsible Emerging Markets Equity ETF

AVSE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund may invest in companies of all market capitalizations. The portfolio management team limits its investable universe of companies by screening out those that raise concerns based on the team?s evaluation of multiple ESG metrics.

Grade (RS Rating)

Last Trade

$52.12

Average Daily Volume

3,022

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHO	AVSE
30 Days	-1.68%	-5.63%
60 Days	-0.84%	-2.02%
90 Days	1.80%	-1.25%
12 Months	25.97%	15.18%

1 Overlapping Holdings

	Symbol	Grade	Weight in PHO	Weight in AVSE	Overlap
	SBS	C	1.16%	0.11%	0.11%

PHO Overweight 35 Positions Relative to AVSE

Symbol	Grade	Weight
ROP	C	8.0%
ECL	D	7.84%
XYL	D	6.17%
VLTO	D	6.02%
PNR	A	4.83%
IEX	B	4.46%
ACM	B	4.32%
WAT	B	4.19%
ITRI	B	4.01%
AWK	C	3.79%
CNM	C	3.58%
TTC	D	3.54%
AOS	F	3.49%
WMS	F	3.39%
MLI	B	2.91%
TTEK	F	2.8%
VMI	B	2.67%
WTRG	B	2.61%
WTS	A	1.86%
ZWS	B	1.71%
BMI	C	1.67%
MWA	B	1.42%
AWR	A	0.88%
FELE	B	0.86%
CWT	D	0.74%
LNN	B	0.67%
SJW	F	0.54%
MSEX	B	0.43%
ERII	D	0.36%
GRC	B	0.23%
ARTNA	F	0.15%
CWCO	C	0.13%
YORW	D	0.11%
NWPX	A	0.09%
GWRS	B	0.02%

PHO Underweight 88 Positions Relative to AVSE

Symbol	Grade	Weight
TSM	B	-5.9%
BABA	D	-1.8%
INFY	D	-0.76%
PDD	F	-0.71%
HDB	C	-0.56%
NTES	C	-0.51%
KB	B	-0.48%
IBN	C	-0.48%
YUMC	B	-0.41%
SHG	D	-0.38%
ITUB	D	-0.34%
LI	F	-0.29%
CPNG	D	-0.28%
TCOM	B	-0.27%
HTHT	C	-0.25%
UMC	F	-0.24%
VIPS	F	-0.23%
ASX	D	-0.22%
ZTO	F	-0.2%
BAP	A	-0.18%
BEKE	C	-0.17%
GFI	F	-0.17%
BBD	D	-0.16%
PAC	A	-0.16%
SUZ	B	-0.14%
TLK	F	-0.13%
STNE	F	-0.13%
CIG	C	-0.12%
FMX	F	-0.1%
QFIN	B	-0.09%
LPL	F	-0.09%
OMAB	F	-0.09%
RDY	D	-0.09%
EBR	F	-0.08%
ABEV	F	-0.08%
ASAI	F	-0.08%
TME	C	-0.08%
CAR	C	-0.08%
BCH	D	-0.08%
WIT	B	-0.07%
SBSW	D	-0.07%
SKM	D	-0.07%
ASR	D	-0.07%
VIV	F	-0.06%
ATHM	C	-0.06%
TKC	B	-0.06%
CHT	C	-0.06%
MNSO	C	-0.06%
IQ	F	-0.06%
KT	C	-0.05%
BGNE	D	-0.05%
SCCO	F	-0.05%
BIDU	F	-0.05%
TV	F	-0.05%
CIB	B	-0.04%
SGRP	D	-0.04%
PAGS	F	-0.04%
ASAI	F	-0.04%
IFS	A	-0.04%
MOMO	D	-0.04%
AKO.A	F	-0.04%
BSAC	D	-0.04%
ELP	F	-0.04%
YY	C	-0.04%
LX	C	-0.03%
NOAH	C	-0.03%
SOHU	F	-0.03%
IMOS	F	-0.03%
PHI	F	-0.03%
SQM	D	-0.03%
BGNE	D	-0.03%
VNET	D	-0.02%
BSBR	F	-0.02%
CCU	D	-0.02%
NIO	F	-0.02%
WB	D	-0.02%
PDSB	F	-0.01%
XPEV	C	-0.01%
BZ	F	-0.01%
NIU	F	-0.0%
DAO	C	-0.0%
TIGR	D	-0.0%
BILI	C	-0.0%
TUYA	C	-0.0%
CANG	C	-0.0%
API	C	-0.0%
TAL	D	-0.0%
CAAS	A	-0.0%