PHO vs. IWTR ETF Comparison

Comparison of Invesco Water Resources ETF (PHO) to iShares MSCI Water Management Multisector ETF (IWTR)

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

$70.38

Average Daily Volume

70,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWTR

iShares MSCI Water Management Multisector ETF

IWTR Description

The iShares MSCI Water Management Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that either 1) derive a proportion of their revenues from sustainable water products or services or 2) demonstrate relative efficiency in their water management.

Grade (RS Rating)

Last Trade

$31.26

Average Daily Volume

1,588

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHO	IWTR
30 Days	1.05%	-1.29%
60 Days	1.63%	-0.89%
90 Days	0.98%	-0.59%
12 Months	26.54%	17.73%

8 Overlapping Holdings

Symbol	Grade	Weight in PHO	Weight in IWTR	Overlap
BMI	B	1.67%	3.14%	1.67%
CNM	D	3.58%	3.37%	3.37%
ERII	D	0.36%	0.68%	0.36%
FELE	B	0.86%	2.23%	0.86%
MWA	B	1.42%	1.53%	1.42%
WTS	B	1.86%	2.82%	1.86%
XYL	D	6.17%	5.43%	5.43%
ZWS	B	1.71%	2.33%	1.71%

PHO Overweight 28 Positions Relative to IWTR

Symbol	Grade	Weight
ROP	B	8.0%
ECL	D	7.84%
VLTO	C	6.02%
PNR	A	4.83%
IEX	C	4.46%
ACM	B	4.32%
WAT	C	4.19%
ITRI	C	4.01%
AWK	C	3.79%
TTC	C	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%
SBS	B	1.16%
AWR	B	0.88%
CWT	C	0.74%
LNN	B	0.67%
SJW	F	0.54%
MSEX	C	0.43%
GRC	A	0.23%
ARTNA	F	0.15%
CWCO	C	0.13%
YORW	F	0.11%
NWPX	A	0.09%
GWRS	B	0.02%

PHO Underweight 6 Positions Relative to IWTR

Symbol	Grade	Weight
HLT	A	-7.47%
MAR	A	-7.26%
TXN	C	-6.32%
INTC	C	-4.99%
IFF	D	-2.94%
ALTM	B	-0.59%