UTRN vs. PIO ETF Comparison

Comparison of Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN) to PowerShares Global Water Portfolio (PIO)
UTRN

Vesper US Large Cap Short-Term Reversal Strategy ETF

UTRN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Vesper U.S. Large Cap Short-Term Reversal Index (the 'index'). The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of a portfolio of 25 stocks selected from the S&P 500 that Vesper Capital Management, LLC believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm").

Grade (RS Rating)

Last Trade

$26.02

Average Daily Volume

860

Number of Holdings *

24

* may have additional holdings in another (foreign) market
PIO

PowerShares Global Water Portfolio

PIO Description The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange 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

$40.37

Average Daily Volume

7,914

Number of Holdings *

12

* may have additional holdings in another (foreign) market
Performance
Period UTRN PIO
30 Days 1.68% -2.88%
60 Days 1.82% -3.66%
90 Days 1.66% -3.13%
12 Months 10.81% 17.38%
2 Overlapping Holdings
Symbol Grade Weight in UTRN Weight in PIO Overlap
WAT D 3.96% 3.47% 3.47%
XYL D 4.01% 3.7% 3.7%
UTRN Overweight 22 Positions Relative to PIO
Symbol Grade Weight
AXON C 4.08%
GLW B 4.04%
AAL F 4.04%
DLR B 4.04%
IDXX D 4.04%
HCA C 4.03%
CTLT B 4.02%
SBUX F 4.02%
BKNG B 4.02%
CTAS A 4.02%
TXN B 4.01%
YUM D 4.01%
KMB B 3.99%
GWW C 3.99%
PCAR D 3.98%
IPG F 3.98%
PAYX D 3.97%
FIS B 3.97%
FAST D 3.97%
URI D 3.97%
SNA F 3.95%
A D 3.92%
UTRN Underweight 10 Positions Relative to PIO
Symbol Grade Weight
ROP B -8.64%
ECL B -8.34%
PNR D -7.54%
AWK B -4.02%
VLTO D -3.81%
CNM D -2.4%
IEX D -2.05%
AOS D -1.97%
WMS D -1.69%
CWCO D -0.39%
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