PXF vs. KEMX ETF Comparison

Comparison of PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio (PXF) to KraneShares MSCI Emerging Markets ex China Index ETF (KEMX)

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

$49.02

Average Daily Volume

57,265

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KEMX

KraneShares MSCI Emerging Markets ex China Index ETF

KEMX Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the MSCI Emerging Markets ex China Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index and depositary receipts, including American depositary receipts ("ADRs"), representing such components. The underlying index is a free float-adjusted market capitalization weighted index designed to track the equity market performance of mid- and large-cap companies of emerging market countries, excluding China.

Grade (RS Rating)

Last Trade

$29.94

Average Daily Volume

6,034

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PXF	KEMX
30 Days	-2.88%	-4.28%
60 Days	-4.88%	-4.50%
90 Days	-4.63%	-5.06%
12 Months	12.34%	10.60%

4 Overlapping Holdings

Symbol	Grade	Weight in PXF	Weight in KEMX	Overlap
KB	B	0.12%	0.77%	0.12%
KEP	B	0.03%	0.22%	0.03%
LPL	D	0.02%	0.03%	0.02%
SHG	C	0.06%	0.5%	0.06%

PXF Overweight 28 Positions Relative to KEMX

Symbol	Grade	Weight
HSBH	B	1.0%
TM	F	1.0%
MUFG	B	0.88%
BCS	A	0.8%
NVS	F	0.73%
SMFG	B	0.72%
UL	D	0.69%
TD	D	0.66%
SONY	B	0.52%
MFG	A	0.51%
E	F	0.45%
HMC	F	0.32%
LYG	D	0.29%
STLA	F	0.27%
ABBV	F	0.23%
GOLD	C	0.2%
DEO	F	0.2%
CNI	F	0.16%
NMR	B	0.15%
SW	A	0.09%
WFG	C	0.07%
WCN	A	0.07%
AGCO	D	0.06%
FLUT	A	0.06%
SHOP	B	0.05%
OTEX	F	0.03%
LOGI	D	0.02%
QGEN	D	0.02%

PXF Underweight 14 Positions Relative to KEMX

Symbol	Grade	Weight
INFY	C	-2.25%
IBN	C	-1.55%
HDB	C	-1.5%
VALE	F	-0.86%
CHT	C	-0.5%
NU	C	-0.46%
BAP	A	-0.4%
UMC	F	-0.38%
WIT	B	-0.27%
ABEV	F	-0.26%
SCCO	F	-0.24%
BVN	D	-0.22%
BCH	C	-0.17%
GGB	C	-0.1%

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