PXH vs. EUM ETF Comparison

Comparison of PowerShares FTSE RAFI Emerging Markets Portfolio (PXH) to ProShares Short MSCI Emerging Markets (EUM)

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

$20.88

Average Daily Volume

118,776

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EUM

ProShares Short MSCI Emerging Markets

EUM Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the MSCI Emerging Markets IndexÂ®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index includes 85% of free float-adjusted market capitalization in each industry group in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.45

Average Daily Volume

9,437

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PXH	EUM
30 Days	-5.99%	6.83%
60 Days	4.31%	-0.97%
90 Days	5.26%	-1.30%
12 Months	22.07%	-9.30%

4 Overlapping Holdings

Symbol	Grade	Weight in PXH	Weight in EUM	Overlap
BABA	D	4.65%	6.01%	4.65%
BIDU	F	0.57%	0.6%	0.57%
TCOM	C	0.36%	0.29%	0.29%
YUMC	B	0.29%	0.28%	0.28%

PXH Overweight 22 Positions Relative to EUM

Symbol	Grade	Weight
VALE	F	2.06%
HDB	C	0.85%
UMC	F	0.42%
SBSW	D	0.31%
GGB	C	0.27%
ABEV	D	0.21%
CHT	D	0.2%
BEKE	C	0.19%
IBN	C	0.18%
QFIN	C	0.16%
BRFS	C	0.15%
PDD	F	0.15%
VIPS	F	0.15%
ERJ	B	0.12%
DQ	C	0.1%
JKS	D	0.09%
BCH	F	0.08%
WIT	B	0.08%
ASAI	F	0.07%
TME	F	0.07%
CSIQ	F	0.05%
CSAN	F	0.05%

PXH Underweight 5 Positions Relative to EUM

Symbol	Grade	Weight
JD	C	-0.46%
NTES	F	-0.39%
TAL	C	-0.32%
EDU	F	-0.3%
BAP	B	-0.23%