PHO vs. XMLV ETF Comparison

Comparison of Invesco Water Resources ETF (PHO) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

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

$70.37

Average Daily Volume

69,433

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$64.23

Average Daily Volume

31,317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PHO	XMLV
30 Days	-0.87%	2.85%
60 Days	0.35%	5.37%
90 Days	1.21%	8.28%
12 Months	25.77%	28.59%

2 Overlapping Holdings

	Symbol	Grade	Weight in PHO	Weight in XMLV	Overlap
	ACM	B	4.32%	1.28%	1.28%
	WTRG	B	2.61%	0.98%	0.98%

PHO Overweight 34 Positions Relative to XMLV

Symbol	Grade	Weight
ROP	C	8.0%
ECL	D	7.84%
XYL	D	6.17%
VLTO	C	6.02%
PNR	B	4.83%
IEX	B	4.46%
WAT	B	4.19%
ITRI	B	4.01%
AWK	C	3.79%
CNM	C	3.58%
TTC	F	3.54%
AOS	F	3.49%
WMS	F	3.39%
MLI	B	2.91%
TTEK	F	2.8%
VMI	B	2.67%
WTS	B	1.86%
ZWS	B	1.71%
BMI	B	1.67%
MWA	B	1.42%
SBS	B	1.16%
AWR	B	0.88%
FELE	B	0.86%
CWT	C	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 77 Positions Relative to XMLV

Symbol	Grade	Weight
DTM	A	-1.87%
SEIC	B	-1.8%
ATR	B	-1.8%
CW	B	-1.78%
IBKR	A	-1.61%
SF	B	-1.6%
FHI	B	-1.55%
VOYA	B	-1.52%
INGR	B	-1.49%
IDA	A	-1.47%
UNM	A	-1.46%
HLI	A	-1.45%
THG	A	-1.45%
ORI	A	-1.44%
PNM	B	-1.44%
EHC	B	-1.44%
RGA	B	-1.43%
DCI	B	-1.41%
JEF	A	-1.41%
G	B	-1.4%
RLI	A	-1.4%
JHG	B	-1.39%
CACI	D	-1.39%
FLS	A	-1.39%
AM	A	-1.35%
OGE	A	-1.34%
PRI	B	-1.33%
AFG	A	-1.32%
RPM	B	-1.32%
GGG	B	-1.32%
USFD	A	-1.31%
ADC	A	-1.29%
NJR	A	-1.28%
AMG	B	-1.28%
TXRH	B	-1.25%
GLPI	C	-1.23%
SON	D	-1.22%
PPC	B	-1.22%
NWE	C	-1.22%
GNTX	F	-1.22%
OHI	C	-1.21%
SR	A	-1.21%
ELS	B	-1.2%
GEF	A	-1.2%
AMH	C	-1.19%
POST	C	-1.19%
EPR	D	-1.18%
CHE	D	-1.17%
BRX	A	-1.17%
GATX	A	-1.16%
NFG	A	-1.16%
SLGN	A	-1.16%
ALE	A	-1.15%
OGS	A	-1.14%
LSTR	D	-1.13%
BKH	A	-1.13%
SBRA	B	-1.13%
MTG	C	-1.13%
SNX	C	-1.11%
FLO	D	-1.11%
POR	C	-1.1%
EGP	D	-1.09%
ESNT	D	-1.09%
NNN	C	-1.09%
CDP	D	-1.08%
AVT	C	-1.08%
FR	D	-1.07%
MUSA	B	-1.07%
MSA	D	-1.07%
NEU	D	-1.04%
STAG	D	-1.04%
NYT	D	-1.03%
DLB	B	-1.01%
KBR	F	-0.99%
MMS	D	-0.97%
MAN	F	-0.92%
CHRD	F	-0.87%