SRHR vs. PHO ETF Comparison

Comparison of SRH REIT Covered Call ETF (SRHR) to Invesco Water Resources ETF (PHO)

SRHR

SRH REIT Covered Call ETF

SRHR Description

Under normal circumstances, the fund invests at least 80% of its net assets in Real Estate Investment Trusts ("REITs") that are publicly traded on domestic stock exchanges. In addition, the fund strategically implements an option strategy consisting of writing (selling) U.S. exchange-traded covered call options on the REITs in the fund"s portfolio. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$59.61

Average Daily Volume

158

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PHO

Invesco Water Resources ETF

PHO Description

The PowerShares Water Resources Portfolio (Fund) is based on the NASDAQ OMX US Water Index. The Fund generally will invest at least 90% of its total assets in common stocks and American depositary receipts (ADRs) of companies in the water industry that comprise the Underlying Index. The Underlying Index seeks to track the performance of US exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$70.38

Average Daily Volume

70,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SRHR	PHO
30 Days	-2.11%	1.05%
60 Days	-3.74%	1.63%
90 Days	0.79%	0.98%
12 Months	15.98%	26.54%

0 Overlapping Holdings

	Symbol	Grade	Weight in SRHR	Weight in PHO	Overlap

SRHR Overweight 25 Positions Relative to PHO

Symbol	Grade	Weight
EQIX	A	14.02%
LAMR	C	8.92%
HIW	C	7.11%
NXRT	B	4.47%
FR	D	4.09%
STAG	D	4.09%
GNL	F	4.07%
CCI	C	4.0%
EXR	C	3.81%
SHO	D	3.56%
BRX	A	3.48%
MTN	C	3.47%
HST	C	3.41%
REXR	F	3.15%
VICI	C	3.06%
PLD	F	2.86%
NSA	C	2.8%
DEA	D	2.75%
SUI	C	2.42%
EGP	D	2.39%
MAA	B	2.38%
APLE	B	2.21%
DOC	C	2.08%
INVH	D	1.31%
GLPI	C	1.1%

SRHR Underweight 36 Positions Relative to PHO

Symbol	Grade	Weight
ROP	B	-8.0%
ECL	D	-7.84%
XYL	D	-6.17%
VLTO	C	-6.02%
PNR	A	-4.83%
IEX	C	-4.46%
ACM	B	-4.32%
WAT	C	-4.19%
ITRI	C	-4.01%
AWK	C	-3.79%
CNM	D	-3.58%
TTC	C	-3.54%
AOS	F	-3.49%
WMS	F	-3.39%
MLI	B	-2.91%
TTEK	F	-2.8%
VMI	B	-2.67%
WTRG	B	-2.61%
WTS	B	-1.86%
ZWS	B	-1.71%
BMI	B	-1.67%
MWA	B	-1.42%
SBS	B	-1.16%
AWR	B	-0.88%
FELE	B	-0.86%
CWT	C	-0.74%
LNN	B	-0.67%
SJW	F	-0.54%
MSEX	C	-0.43%
ERII	D	-0.36%
GRC	A	-0.23%
ARTNA	F	-0.15%
CWCO	C	-0.13%
YORW	F	-0.11%
NWPX	A	-0.09%
GWRS	B	-0.02%