PXF vs. IMTM ETF Comparison

Comparison of PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (PXF) to iShares MSCI International Momentum Factor ETF (IMTM)

PXF

PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio

PXF Description

The PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (Fund) is based on the FTSE RAFI Developed Markets ex-U.S. Index ND (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of the largest developed market equities (excluding the US), selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Grade (RS Rating)

Last Trade

$48.89

Average Daily Volume

57,870

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IMTM

iShares MSCI International Momentum Factor ETF

IMTM Description

The investment seeks to track the investment results of the MSCI World ex USA Momentum Index. The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The index measures the performance of international developed large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.79

Average Daily Volume

246,878

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PXF	IMTM
30 Days	-2.00%	-1.47%
60 Days	-5.16%	-3.48%
90 Days	-4.53%	-3.53%
12 Months	12.45%	18.83%

2 Overlapping Holdings

	Symbol	Grade	Weight in PXF	Weight in IMTM	Overlap
	MFG	B	0.51%	0.45%	0.45%
	SMFG	B	0.72%	0.91%	0.72%

PXF Overweight 30 Positions Relative to IMTM

Symbol	Grade	Weight
HSBH	B	1.0%
TM	D	1.0%
MUFG	B	0.88%
BCS	C	0.8%
NVS	D	0.73%
UL	D	0.69%
TD	F	0.66%
SONY	B	0.52%
E	F	0.45%
HMC	F	0.32%
LYG	F	0.29%
STLA	F	0.27%
ABBV	D	0.23%
GOLD	D	0.2%
DEO	F	0.2%
CNI	D	0.16%
NMR	B	0.15%
KB	B	0.12%
SW	A	0.09%
WFG	D	0.07%
WCN	A	0.07%
AGCO	D	0.06%
SHG	D	0.06%
FLUT	A	0.06%
SHOP	B	0.05%
KEP	B	0.03%
OTEX	D	0.03%
LPL	F	0.02%
LOGI	D	0.02%
QGEN	D	0.02%

PXF Underweight 1 Positions Relative to IMTM

	Symbol	Grade	Weight
	SGD	F	-0.0%

PXF: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Banks - Regional - Asia Consumer Electronics Drug Manufacturers - Major Software - Application Banks - Regional - Europe Beverages - Wineries & Distilleries Capital Markets Computer Systems Diagnostics & Research Farm & Construction Equipment Gambling Gold Household & Personal Products Lumber & Wood Production Oil & Gas Integrated Packaging & Containers Railroads Utilities - Regulated Electric