PHO vs. OCFS ETF Comparison

Comparison of Invesco Water Resources ETF (PHO) to Professionally Managed Portfolios Otter Creek Focus Strategy ETF (OCFS)

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

$70.00

Average Daily Volume

66,984

Number of Holdings ^*

* may have additional holdings in another (foreign) market

OCFS

Professionally Managed Portfolios Otter Creek Focus Strategy ETF

OCFS Description

The fund is an actively-managed ETF that invests in U.S.-listed equity securities of small- and mid-capitalization companies. The fund invests primarily in publicly traded stocks of U.S. companies which the Advisor considers to have a small to mid-size market capitalization. The fund may invest up to 20% of its total assets in U.S. dollar denominated foreign equity securities, including through American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") issued by U.S. depository banks, which are traded on U.S. exchanges.

Grade (RS Rating)

Last Trade

$27.20

Average Daily Volume

4,590

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHO	OCFS
30 Days	0.30%	3.92%
60 Days	2.97%	7.36%
90 Days	9.35%	12.11%
12 Months	35.30%

1 Overlapping Holdings

	Symbol	Grade	Weight in PHO	Weight in OCFS	Overlap
	TTEK	B	3.11%	4.23%	3.11%

PHO Overweight 35 Positions Relative to OCFS

Symbol	Grade	Weight
ECL	B	8.04%
ROP	C	7.93%
XYL	C	6.69%
VLTO	A	6.42%
PNR	C	4.38%
AOS	B	4.25%
IEX	D	4.11%
ACM	C	4.1%
WAT	B	4.09%
WMS	D	3.98%
AWK	B	3.98%
CNM	F	3.75%
TTC	D	3.72%
ITRI	C	3.54%
WTRG	D	2.53%
MLI	C	2.31%
VMI	B	2.25%
WTS	C	1.8%
BMI	A	1.64%
ZWS	A	1.52%
MWA	A	1.22%
SBS	D	1.13%
FELE	C	0.84%
AWR	A	0.83%
CWT	D	0.75%
LNN	C	0.66%
SJW	D	0.55%
MSEX	C	0.4%
ERII	B	0.33%
GRC	B	0.21%
ARTNA	D	0.16%
CWCO	F	0.13%
YORW	D	0.11%
NWPX	C	0.07%
GWRS	D	0.01%

PHO Underweight 9 Positions Relative to OCFS

Symbol	Grade	Weight
BWIN	B	-7.27%
VRT	B	-6.54%
PSN	A	-5.86%
COHR	B	-5.14%
PWR	B	-4.78%
DT	C	-4.55%
AZPN	C	-4.43%
LHX	A	-4.29%
GLW	B	-4.15%