PXH vs. ECOW ETF Comparison

Comparison of PowerShares FTSE RAFI Emerging Markets Portfolio (PXH) to Pacer Emerging Markets Cash Cows 100 ETF (ECOW)

PXH

PowerShares FTSE RAFI Emerging Markets Portfolio

PXH Description

The PowerShares FTSE RAFI Emerging Markets Portfolio (Fund) is based on the FTSE RAFI Emerging Markets 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 Emerging Market equities, 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

$22.88

Average Daily Volume

141,297

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ECOW

Pacer Emerging Markets Cash Cows 100 ETF

ECOW Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Cash Cows 100 Index (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization U.S. companies with high free cash flow yields. Companies with high free cash flow yields are commonly referred to as "cash cows". The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.35

Average Daily Volume

13,750

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PXH	ECOW
30 Days	14.69%	11.88%
60 Days	20.99%	17.76%
90 Days	12.66%	9.48%
12 Months	37.38%	22.12%

6 Overlapping Holdings

Symbol	Grade	Weight in PXH	Weight in ECOW	Overlap
ABEV	B	0.22%	2.06%	0.22%
BABA	A	4.66%	2.38%	2.38%
BIDU	C	0.6%	1.89%	0.6%
ERJ	C	0.13%	0.52%	0.13%
GGB	B	0.25%	0.59%	0.25%
VALE	D	2.13%	1.89%	1.89%

PXH Overweight 20 Positions Relative to ECOW

Symbol	Grade	Weight
HDB	D	0.86%
UMC	D	0.49%
TCOM	A	0.29%
SBSW	C	0.27%
YUMC	B	0.23%
CHT	C	0.21%
IBN	C	0.19%
BRFS	D	0.15%
PDD	B	0.15%
VIPS	B	0.15%
BEKE	A	0.15%
QFIN	A	0.14%
BCH	D	0.09%
TME	B	0.08%
JKS	C	0.08%
WIT	C	0.08%
DQ	C	0.08%
ASAI	F	0.07%
CSAN	D	0.06%
CSIQ	D	0.05%

PXH Underweight 7 Positions Relative to ECOW

Symbol	Grade	Weight
LI	C	-2.31%
JD	A	-2.19%
FMX	F	-1.44%
KOF	D	-0.98%
CX	F	-0.75%
ASR	D	-0.52%
HMY	D	-0.34%

ECOW: Top Represented Industries & Keywords

Industries: Beverages - Brewers Specialty Retail Aerospace & Defense Airports & Air Services Auto Manufacturers Beverages - Soft Drinks Building Materials Gold Industrial Metals & Minerals Internet Content & Information Steel