PXE vs. IEO ETF Comparison

Comparison of PowerShares Dynamic Energy E&P (PXE) to iShares U.S. Oil & Gas Exploration & Production ETF (IEO)

PXE

PowerShares Dynamic Energy E&P

PXE Description

The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$28.35

Average Daily Volume

41,422

Number of Holdings ^*

29

* may have additional holdings in another (foreign) market

IEO

iShares U.S. Oil & Gas Exploration & Production ETF

IEO Description

The investment seeks to track the investment results of an index composed of U.S. equities in the oil and gas exploration and production sector. 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. It seeks to track the investment results of the Dow Jones U.S. Select Oil Exploration & Production Index (the "underlying index"), which measures the performance of the oil exploration and production sub-sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.24

Average Daily Volume

88,383

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	PXE	IEO
30 Days	-6.95%	-4.43%
60 Days	-11.33%	-6.88%
90 Days	-7.87%	-2.02%
12 Months	-12.21%	-6.31%

7 Overlapping Holdings

	Symbol	Grade	Weight in PXE	Weight in IEO	Overlap
	CTRA	F	5.4%	3.15%	3.15%
	DVN	F	4.66%	4.22%	4.22%
	EOG	D	5.08%	10.74%	5.08%
	FANG	F	4.92%	4.63%	4.63%
	MPC	F	4.62%	8.38%	4.62%
	PSX	F	4.92%	6.63%	4.92%
	VLO	F	4.95%	4.38%	4.38%

PXE Overweight 22 Positions Relative to IEO

	Symbol	Grade	Weight
	OVV	F	4.92%
	CNX	B	3.78%
	CRGY	B	3.21%
	RRC	D	3.13%
	NFG	C	3.06%
	GPOR	F	2.98%
	MGY	C	2.97%
	CRC	B	2.96%
	SM	F	2.72%
	GRNT	F	2.71%
	NOG	F	2.7%
	MTDR	D	2.67%
	PBF	F	2.6%
	DINO	F	2.55%
	CHRD	F	2.54%
	HPK	F	2.51%
	MUR	F	2.45%
	CIVI	F	2.41%
	DK	F	2.38%
	VTLE	F	2.22%
	PARR	F	2.14%
	CVI	F	2.08%

PXE Underweight 3 Positions Relative to IEO

	Symbol	Grade	Weight
	COP	D	-18.79%
	HES	B	-4.63%
	EQT	C	-3.88%

PXE: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing

Keywords: Natural Gas Crude Oil Natural Gas Liquids Petroleum Petroleum Industry Refined Products S&P 500 Petroleum Products Sulfur Permian Basin Bakken Fuel Gas And Oil Gas Exploration Gas Gathering Natural Gas Processing Propane Transportation Fuels Transports Crude Oil Western Refining

IEO: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing

Keywords: S&P 500 Petroleum Industry Natural Gas Natural Gas Liquids Crude Oil Midstream Petroleum Petroleum Products Filling Station Gas Gathering Gas Reserves Gasoline Natural Gas Gathering Natural Gas Processing Natural Gas Reserves Permian Basin Propane Refined Products Sulfur Transports Crude Oil