PPA vs. IGV ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to iShares Expanded Tech-Software Sector ETF (IGV)

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$119.55

Average Daily Volume

185,461

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$104.54

Average Daily Volume

3,734,295

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

Performance

Period	PPA	IGV
30 Days	1.92%	13.49%
60 Days	5.31%	17.20%
90 Days	7.32%	21.04%
12 Months	38.04%	37.76%

2 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in IGV	Overlap
	AI	B	0.13%	0.1%	0.1%
	PLTR	B	2.72%	4.17%	2.72%

PPA Overweight 46 Positions Relative to IGV

Symbol	Grade	Weight
RTX	D	7.09%
GE	D	6.71%
LMT	D	6.64%
BA	F	6.23%
NOC	D	5.36%
GD	D	4.93%
HON	C	4.88%
HWM	A	4.44%
AXON	A	4.43%
PH	A	4.28%
LHX	C	4.07%
TDG	D	3.35%
ETN	A	3.16%
LDOS	C	2.05%
BAH	F	1.92%
APH	A	1.91%
HEI	A	1.83%
TXT	D	1.74%
CW	C	1.37%
BWXT	B	1.36%
CACI	D	1.26%
HII	F	1.07%
WWD	C	0.92%
TDY	B	0.91%
KBR	F	0.88%
AVAV	C	0.84%
ATI	C	0.81%
SAIC	F	0.71%
HXL	F	0.66%
MOG.A	B	0.66%
KEYS	A	0.62%
PSN	D	0.61%
KTOS	B	0.56%
RKLB	A	0.56%
SPR	D	0.51%
AIR	B	0.35%
MRCY	C	0.35%
OSK	C	0.29%
OSIS	A	0.27%
TGI	B	0.2%
B	A	0.19%
IRDM	D	0.17%
CDRE	F	0.16%
TTMI	C	0.16%
DCO	C	0.14%
VSAT	F	0.1%

PPA Underweight 107 Positions Relative to IGV

Symbol	Grade	Weight
CRM	B	-9.42%
ORCL	A	-8.34%
MSFT	D	-7.19%
NOW	A	-7.13%
ADBE	C	-6.5%
PANW	B	-4.35%
INTU	B	-4.13%
SNPS	B	-2.94%
CDNS	B	-2.91%
CRWD	B	-2.79%
ADSK	A	-2.31%
APP	B	-2.13%
ROP	B	-2.12%
FTNT	C	-2.1%
WDAY	B	-2.02%
MSTR	B	-2.0%
FICO	B	-1.99%
DDOG	A	-1.43%
TEAM	A	-1.39%
EA	A	-1.38%
HUBS	A	-1.25%
TTWO	A	-1.04%
ANSS	B	-1.04%
TYL	B	-0.92%
PTC	B	-0.8%
ZM	C	-0.76%
ZS	B	-0.68%
NTNX	B	-0.61%
MANH	D	-0.6%
DOCU	B	-0.58%
GWRE	A	-0.57%
GEN	B	-0.57%
DT	D	-0.56%
SNAP	D	-0.4%
IOT	A	-0.36%
BILL	A	-0.3%
S	B	-0.28%
PCOR	B	-0.27%
ESTC	C	-0.27%
SMAR	B	-0.27%
BSY	F	-0.26%
CVLT	B	-0.26%
GTLB	B	-0.25%
CFLT	B	-0.25%
DBX	B	-0.23%
AZPN	A	-0.23%
SPSC	D	-0.23%
MARA	B	-0.22%
ALTR	B	-0.22%
VRNS	D	-0.21%
QTWO	A	-0.21%
CWAN	B	-0.2%
PATH	C	-0.2%
ACIW	B	-0.2%
AUR	C	-0.19%
APPF	B	-0.19%
U	C	-0.19%
QLYS	B	-0.19%
HCP	B	-0.18%
WK	B	-0.17%
CCCS	B	-0.17%
TENB	C	-0.17%
BOX	B	-0.17%
IDCC	B	-0.16%
DLB	B	-0.15%
PEGA	B	-0.14%
NCNO	C	-0.13%
BLKB	B	-0.12%
CLSK	C	-0.12%
ZETA	D	-0.12%
RNG	C	-0.11%
BL	B	-0.11%
RIOT	C	-0.11%
INTA	B	-0.1%
DV	C	-0.1%
TDC	D	-0.1%
PRGS	A	-0.1%
FIVN	C	-0.1%
FRSH	B	-0.1%
ALRM	C	-0.1%
YOU	D	-0.09%
VERX	A	-0.09%
RPD	B	-0.09%
ENV	B	-0.09%
AGYS	A	-0.09%
BRZE	C	-0.08%
ALKT	B	-0.08%
PD	C	-0.07%
RAMP	B	-0.07%
VYX	B	-0.07%
AVPT	A	-0.06%
MTTR	B	-0.05%
ZUO	B	-0.05%
SPT	C	-0.05%
VRNT	C	-0.05%
APPN	B	-0.05%
PRO	C	-0.04%
ASAN	B	-0.04%
ATEN	A	-0.04%
ADEA	C	-0.04%
SWI	C	-0.03%
NABL	F	-0.03%
CXM	C	-0.03%
JAMF	F	-0.03%
SEMR	C	-0.02%
MLNK	C	-0.02%
ETWO	F	-0.02%