XHE vs. PJP ETF Comparison

Comparison of SPDR S&P Health Care Equipment (XHE) to PowerShares Dynamic Pharmaceuticals (PJP)

XHE

SPDR S&P Health Care Equipment

XHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.44

Average Daily Volume

8,966

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PJP

PowerShares Dynamic Pharmaceuticals

PJP Description

The PowerShares Dynamic Pharmaceuticals Portfolio (Fund) is based on the Dynamic Pharmaceutical IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US pharmaceuticals companies. These are companies that are principally engaged in the research, development, manufacture, sale or distribution of pharmaceuticals and drugs of all types. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$86.66

Average Daily Volume

8,399

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XHE	PJP
30 Days	5.36%	-0.39%
60 Days	1.34%	-0.39%
90 Days	2.96%	-1.08%
12 Months	22.56%	24.55%

1 Overlapping Holdings

	Symbol	Grade	Weight in XHE	Weight in PJP	Overlap
	ABT	B	1.8%	5.77%	1.8%

XHE Overweight 60 Positions Relative to PJP

Symbol	Grade	Weight
MASI	A	2.55%
ATEC	C	2.4%
PEN	B	2.31%
IART	C	2.31%
ATRC	C	2.2%
GMED	A	2.1%
HAE	C	2.08%
PRCT	B	2.0%
PODD	C	1.99%
NARI	C	1.97%
DXCM	D	1.96%
GKOS	B	1.94%
ISRG	A	1.94%
MMSI	B	1.94%
BSX	B	1.94%
LIVN	F	1.94%
ZBH	C	1.91%
NVST	B	1.9%
OMCL	C	1.9%
ITGR	B	1.89%
ENOV	C	1.88%
SYK	C	1.88%
EW	C	1.82%
IRTC	D	1.79%
LMAT	A	1.77%
MDT	D	1.74%
HOLX	D	1.73%
RMD	C	1.72%
GEHC	F	1.71%
SOLV	C	1.71%
BDX	F	1.71%
NEOG	F	1.69%
ALGN	D	1.69%
ICUI	D	1.69%
CNMD	C	1.68%
STE	F	1.58%
UFPT	B	1.57%
INSP	D	1.53%
NVCR	C	1.51%
IDXX	F	1.5%
BAX	D	1.48%
STAA	F	1.46%
RXST	F	1.45%
TFX	F	1.41%
LNTH	D	1.29%
SRDX	B	1.27%
XRAY	F	1.26%
TNDM	F	1.17%
VREX	C	1.04%
TMDX	F	0.96%
AORT	B	0.88%
OFIX	B	0.66%
EMBC	C	0.59%
ZIMV	D	0.56%
SIBN	F	0.54%
AVNS	F	0.46%
KIDS	D	0.46%
OSUR	F	0.41%
TCMD	A	0.41%
AXGN	D	0.39%

XHE Underweight 24 Positions Relative to PJP

Symbol	Grade	Weight
JNJ	D	-5.29%
CORT	B	-5.29%
AMGN	D	-5.13%
PFE	D	-5.12%
ABBV	D	-4.91%
MRK	F	-4.79%
LLY	F	-4.67%
BMY	B	-4.07%
GILD	C	-4.0%
PBH	A	-3.82%
PCRX	C	-3.78%
UTHR	C	-3.7%
REGN	F	-3.69%
LGND	B	-3.63%
JAZZ	B	-3.62%
VTRS	A	-3.61%
AMRX	C	-3.55%
SUPN	C	-3.47%
INVA	D	-3.37%
ANIP	F	-3.12%
AMPH	D	-3.11%
PRGO	B	-3.08%
BIIB	F	-2.71%
GERN	D	-2.66%

PJP: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Biotechnology Drug Manufacturers - Specialty & Generic Medical Devices Medical Distribution