XSMO vs. PPA ETF Comparison

Comparison of Invesco S&P SmallCap Momentum ETF (XSMO) to PowerShares Aerospace & Defense (PPA)

XSMO

Invesco S&P SmallCap Momentum ETF

XSMO Description

The Invesco S&P SmallCap Momentum ETF (Fund) is based on the S&P Smallcap 600 Momentum Index (Index). The Fund will invest at least 90% of its total assets in the component securities that comprise the Index. The Index is composed of securities 120 securities in the S&P SmallCap 600® Index having the highest “momentum scores,” calculated pursuant to the index methodology. which are computed by measuring the upward price movements of each security as compared to other eligible stocks within the S&P Midcap 600 Index. The Fund and the Index are rebalanced and reconstituted semi-annually.

Grade (RS Rating)

Last Trade

$65.75

Average Daily Volume

602,583

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$115.93

Average Daily Volume

220,279

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XSMO	PPA
30 Days	0.00%	2.26%
60 Days	5.70%	10.24%
90 Days	9.53%	12.31%
12 Months	37.59%	47.35%

4 Overlapping Holdings

Symbol	Grade	Weight in XSMO	Weight in PPA	Overlap
AIR	D	0.44%	0.42%	0.42%
AVAV	B	1.12%	0.86%	0.86%
MOG.A	B	1.87%	0.73%	0.73%
OSIS	B	0.6%	0.28%	0.28%

XSMO Overweight 105 Positions Relative to PPA

Symbol	Grade	Weight
MLI	B	2.6%
NSIT	C	2.58%
BCC	B	2.48%
MTH	B	2.31%
FN	C	2.29%
IBP	C	2.17%
MHO	A	2.14%
GKOS	C	2.09%
ENSG	D	2.03%
VRRM	D	1.98%
COOP	C	1.91%
FSS	B	1.83%
SPSC	D	1.83%
MATX	B	1.79%
RDN	D	1.69%
RDNT	C	1.58%
CRS	B	1.54%
SKYW	B	1.53%
AWI	A	1.51%
ITGR	C	1.45%
BMI	A	1.42%
TPH	B	1.4%
IDCC	A	1.34%
AGO	D	1.22%
SKT	A	1.18%
AMR	F	1.15%
AROC	C	1.13%
ACA	C	1.1%
WDFC	C	1.05%
GMS	D	1.04%
HCC	D	1.0%
NMIH	C	1.0%
GPI	C	0.99%
PIPR	C	0.96%
OTTR	F	0.96%
LRN	C	0.93%
GSHD	B	0.88%
POWL	A	0.87%
PATK	B	0.87%
HWKN	A	0.87%
SHAK	C	0.85%
PLUS	C	0.81%
GFF	B	0.81%
CCS	C	0.8%
CEIX	B	0.8%
CRVL	C	0.77%
FORM	F	0.77%
FBP	D	0.76%
RUSHA	C	0.75%
NHC	D	0.72%
AZZ	C	0.72%
ROCK	D	0.69%
NPO	C	0.68%
LBRT	F	0.67%
UFPT	D	0.67%
YELP	F	0.66%
DV	F	0.65%
PJT	C	0.63%
ATGE	C	0.62%
GRBK	B	0.62%
VECO	F	0.61%
APAM	C	0.61%
ARCB	D	0.6%
HNI	B	0.59%
AMPH	C	0.59%
VCEL	F	0.59%
CARG	C	0.55%
LPG	F	0.53%
TBBK	C	0.52%
SXI	B	0.51%
STC	C	0.51%
OFG	D	0.51%
ALG	D	0.49%
PRG	C	0.48%
WOR	F	0.48%
MYRG	F	0.48%
URBN	F	0.48%
TNC	F	0.47%
AMWD	C	0.45%
MTRN	F	0.44%
SPNT	D	0.43%
ANDE	D	0.43%
PLAB	D	0.42%
EPAC	C	0.41%
RAMP	F	0.41%
DFIN	D	0.4%
GIII	C	0.39%
JOE	D	0.39%
ARLO	F	0.38%
GBX	C	0.38%
IPAR	D	0.38%
CUBI	F	0.33%
CXW	F	0.32%
INVA	B	0.27%
PARR	F	0.26%
HCI	C	0.24%
CNXN	C	0.22%
JBSS	F	0.22%
KOP	F	0.22%
NABL	F	0.19%
ANIP	D	0.18%
WSR	B	0.16%
IIIN	F	0.12%
ZEUS	F	0.1%
WRLD	D	0.09%

XSMO Underweight 44 Positions Relative to PPA

Symbol	Grade	Weight
LMT	A	-7.28%
RTX	A	-6.79%
GE	C	-6.78%
NOC	B	-5.33%
BA	F	-5.27%
GD	A	-4.61%
PH	B	-4.52%
HWM	A	-4.49%
LHX	A	-4.24%
HON	B	-3.92%
TDG	A	-3.69%
AXON	A	-3.66%
ETN	C	-3.37%
LDOS	A	-2.33%
BAH	A	-2.28%
TXT	D	-2.07%
HEI	C	-2.06%
APH	D	-2.01%
HII	D	-1.73%
CACI	A	-1.47%
PLTR	C	-1.41%
CW	A	-1.41%
BWXT	A	-1.23%
KBR	D	-1.12%
WWD	B	-1.04%
TDY	B	-1.03%
ATI	B	-0.96%
SAIC	B	-0.96%
J	D	-0.93%
HXL	F	-0.78%
KEYS	C	-0.76%
PSN	A	-0.71%
SPR	D	-0.65%
KTOS	A	-0.59%
MRCY	C	-0.36%
OSK	F	-0.29%
CDRE	B	-0.26%
VSAT	F	-0.23%
IRDM	C	-0.19%
TGI	F	-0.17%
DCO	B	-0.16%
TTMI	D	-0.14%
B	D	-0.14%
AI	F	-0.1%