PPA vs. XSD ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to SPDR S&P Semiconductor ETF (XSD)

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

$114.35

Average Daily Volume

229,235

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSD

SPDR S&P Semiconductor ETF

XSD Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the semiconductor segment of a U.S. total market composite index. In seeking to track the performance of the S&P Semiconductor Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the semiconductors industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$234.42

Average Daily Volume

48,491

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	XSD
30 Days	-1.34%	-0.02%
60 Days	0.87%	-2.34%
90 Days	8.74%	10.11%
12 Months	37.89%	33.69%

0 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in XSD	Overlap

PPA Overweight 48 Positions Relative to XSD

Symbol	Grade	Weight
RTX	C	7.61%
BA	F	7.13%
LMT	D	7.08%
GE	D	6.88%
NOC	D	5.71%
GD	C	5.17%
HON	B	4.51%
LHX	A	4.08%
HWM	B	4.02%
PH	A	3.9%
TDG	C	3.61%
AXON	B	3.31%
ETN	B	3.07%
BAH	A	2.11%
LDOS	A	2.1%
PLTR	B	2.04%
APH	B	1.88%
HEI	D	1.71%
TXT	F	1.68%
CACI	A	1.44%
HII	F	1.42%
CW	B	1.33%
BWXT	B	1.32%
KBR	B	1.0%
TDY	B	0.92%
AVAV	B	0.91%
ATI	F	0.9%
WWD	D	0.88%
SAIC	A	0.83%
HXL	F	0.7%
PSN	A	0.64%
KEYS	C	0.63%
MOG.A	C	0.59%
SPR	C	0.55%
KTOS	C	0.54%
RKLB	A	0.37%
AIR	F	0.33%
MRCY	D	0.29%
OSK	C	0.27%
OSIS	F	0.25%
B	A	0.19%
CDRE	D	0.18%
IRDM	B	0.17%
TGI	C	0.16%
VSAT	F	0.14%
DCO	D	0.13%
AI	C	0.13%
TTMI	A	0.13%

PPA Underweight 37 Positions Relative to XSD

Symbol	Grade	Weight
CRDO	A	-3.89%
LSCC	C	-3.42%
NVDA	B	-3.35%
MU	C	-3.33%
MTSI	B	-3.28%
INTC	C	-3.23%
MRVL	A	-3.13%
SITM	B	-3.05%
AMBA	B	-3.05%
SMTC	B	-3.01%
WOLF	D	-2.99%
NXPI	C	-2.96%
TXN	A	-2.94%
PI	C	-2.94%
RMBS	C	-2.93%
AVGO	B	-2.91%
SLAB	F	-2.91%
ADI	C	-2.9%
AMD	F	-2.87%
QCOM	D	-2.85%
MPWR	F	-2.8%
ON	D	-2.78%
MCHP	F	-2.78%
OLED	F	-2.74%
ALGM	F	-2.74%
SWKS	F	-2.64%
QRVO	F	-2.63%
CRUS	F	-2.58%
POWI	C	-2.46%
FSLR	C	-2.44%
SYNA	F	-2.06%
DIOD	F	-1.91%
MXL	D	-1.28%
AOSL	D	-1.15%
INDI	F	-0.84%
CEVA	D	-0.24%
NVEC	F	-0.16%