PPA vs. NULC ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to Nuveen ESG Large-Cap ETF (NULC)

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

$120.81

Average Daily Volume

185,461

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NULC

Nuveen ESG Large-Cap ETF

NULC Description

The investment seeks to track the investment results, before fees and expenses, of the ICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index (the "index"). Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. The index is designed to broadly capture the 1-5 year U.S. investment grade fixed income market, as represented by a modified version of the ICE BofAML 1-5 Year US Broad Market Index.

Grade (RS Rating)

Last Trade

$48.23

Average Daily Volume

1,184

Number of Holdings ^*

121

* may have additional holdings in another (foreign) market

Performance

Period	PPA	NULC
30 Days	1.92%	2.41%
60 Days	5.31%	5.18%
90 Days	7.32%	6.70%
12 Months	38.04%	29.93%

3 Overlapping Holdings

Symbol	Grade	Weight in PPA	Weight in NULC	Overlap
AXON	A	4.43%	0.81%	0.81%
ETN	A	3.16%	1.72%	1.72%
KEYS	A	0.62%	0.53%	0.53%

PPA Overweight 45 Positions Relative to NULC

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%
PH	A	4.28%
LHX	C	4.07%
TDG	D	3.35%
PLTR	B	2.72%
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%
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%
AI	B	0.13%
VSAT	F	0.1%

PPA Underweight 118 Positions Relative to NULC

Symbol	Grade	Weight
NVDA	B	-8.29%
MSFT	D	-6.83%
GOOGL	C	-3.13%
LLY	F	-2.26%
V	A	-2.2%
MA	B	-2.14%
GOOG	C	-1.92%
TSLA	B	-1.88%
FI	A	-1.71%
IBM	C	-1.62%
CRM	B	-1.6%
PGR	A	-1.57%
KO	D	-1.55%
MS	A	-1.53%
SPGI	C	-1.48%
MCK	A	-1.46%
DIS	B	-1.45%
PG	C	-1.41%
MMC	B	-1.38%
DHR	F	-1.33%
MELI	C	-1.31%
PNC	B	-1.3%
TJX	A	-1.27%
HCA	F	-1.21%
ECL	D	-1.21%
OKE	A	-1.2%
MCD	D	-1.2%
CARR	C	-1.16%
INTC	C	-1.05%
UPS	C	-1.04%
TGT	F	-1.02%
AMAT	F	-0.99%
AMGN	F	-0.98%
CMG	B	-0.97%
ADP	A	-0.97%
AMT	C	-0.96%
MRVL	B	-0.95%
C	A	-0.94%
LNG	A	-0.93%
SNPS	B	-0.9%
T	A	-0.85%
BKR	A	-0.83%
LOW	C	-0.79%
AMD	F	-0.76%
PEP	F	-0.75%
CMCSA	B	-0.75%
EXC	C	-0.73%
GILD	C	-0.72%
EW	C	-0.72%
HPQ	B	-0.69%
VEEV	C	-0.69%
TXN	C	-0.65%
ED	C	-0.64%
MMM	D	-0.57%
CDNS	B	-0.57%
ZTS	D	-0.55%
HPE	B	-0.54%
TEAM	A	-0.51%
URI	C	-0.49%
TRV	B	-0.48%
ADM	D	-0.48%
ADBE	C	-0.47%
NTAP	C	-0.47%
EBAY	D	-0.45%
WST	C	-0.45%
IRM	C	-0.44%
KR	B	-0.44%
BKNG	A	-0.43%
FTV	C	-0.42%
STLD	B	-0.41%
LYB	F	-0.41%
AWK	C	-0.41%
WDC	D	-0.4%
CBOE	C	-0.4%
EQIX	A	-0.4%
STX	C	-0.38%
TRU	D	-0.38%
TFC	A	-0.37%
HOLX	D	-0.36%
EA	A	-0.35%
J	D	-0.35%
FSLR	F	-0.35%
TRMB	B	-0.34%
BALL	F	-0.33%
HOOD	B	-0.33%
VRTX	D	-0.32%
DECK	A	-0.31%
MCO	B	-0.3%
JNPR	D	-0.24%
GS	A	-0.23%
FDX	B	-0.22%
VZ	C	-0.21%
SOLV	D	-0.2%
HD	B	-0.2%
A	D	-0.19%
NEM	D	-0.18%
PANW	B	-0.18%
EME	A	-0.18%
MKTX	D	-0.17%
MOS	F	-0.16%
LPLA	A	-0.13%
CAH	B	-0.13%
DINO	D	-0.13%
ACGL	C	-0.12%
NXPI	D	-0.09%
CI	D	-0.08%
AKAM	D	-0.07%
WELL	A	-0.07%
IT	C	-0.07%
USB	A	-0.06%
WTW	B	-0.05%
IDXX	F	-0.05%
AZO	C	-0.04%
UNP	C	-0.04%
DXCM	C	-0.03%
FBIN	D	-0.02%
BG	D	-0.01%
DOV	A	-0.01%