AIRR vs. PSCI ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$75.20

Average Daily Volume

208,322

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials 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 measure the overall performance of common stocks of US industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$131.24

Average Daily Volume

3,991

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	PSCI
30 Days	1.55%	0.76%
60 Days	2.85%	1.54%
90 Days	9.44%	5.54%
12 Months	54.53%	35.50%

14 Overlapping Holdings

Symbol	Grade	Weight in AIRR	Weight in PSCI	Overlap
ACA	B	1.74%	1.88%	1.74%
DNOW	F	0.75%	0.52%	0.52%
DY	C	2.75%	2.29%	2.29%
FSS	F	2.41%	2.15%	2.15%
GBX	A	1.15%	0.78%	0.78%
GVA	A	3.02%	1.46%	1.46%
MDU	F	2.82%	2.41%	2.41%
MLI	A	3.41%	3.81%	3.41%
MRCY	D	1.13%	0.69%	0.69%
POWL	A	0.83%	0.98%	0.83%
PRLB	B	0.63%	0.28%	0.28%
TGI	C	0.8%	0.46%	0.46%
WNC	F	0.91%	0.32%	0.32%
ZWS	A	2.93%	2.12%	2.12%

AIRR Overweight 38 Positions Relative to PSCI

Symbol	Grade	Weight
BWXT	B	3.14%
AAON	A	3.11%
AIT	A	3.11%
CNM	D	3.01%
CHRW	C	3.01%
RBC	D	3.01%
MSM	D	2.98%
WMS	F	2.95%
EME	A	2.91%
HII	F	2.89%
HRI	A	2.87%
KEX	D	2.85%
ATKR	F	2.77%
CLH	C	2.76%
MTZ	A	2.42%
FIX	B	2.42%
PRIM	A	2.3%
ROAD	B	2.09%
MWA	B	1.71%
FNB	A	1.66%
STRL	B	1.56%
ASB	A	1.38%
WTFC	B	1.37%
ONB	A	1.32%
BLBD	F	1.16%
HEES	B	1.08%
VSEC	A	1.04%
FULT	B	0.89%
FFBC	A	0.85%
TPC	B	0.85%
LMB	B	0.8%
PRK	A	0.77%
AMRC	C	0.76%
FRME	C	0.72%
FCF	D	0.65%
XMTR	B	0.56%
LKFN	B	0.55%
TRNS	F	0.53%

AIRR Underweight 79 Positions Relative to PSCI

Symbol	Grade	Weight
RHI	C	-2.85%
AVAV	B	-2.54%
CSWI	B	-2.51%
AWI	A	-2.45%
ALK	A	-2.36%
MOG.A	C	-2.27%
BCC	D	-2.16%
AL	B	-1.89%
MATX	A	-1.84%
VRRM	F	-1.78%
GTES	A	-1.7%
FELE	D	-1.64%
RXO	B	-1.59%
SKYW	A	-1.55%
KFY	C	-1.49%
JBT	A	-1.49%
GMS	A	-1.46%
ESE	A	-1.37%
RUSHA	A	-1.36%
ABM	B	-1.36%
RUN	C	-1.32%
BRC	D	-1.3%
NPO	F	-1.28%
REZI	C	-1.21%
TRN	C	-1.2%
UNF	D	-1.15%
HUBG	D	-1.1%
GFF	F	-1.06%
ARCB	F	-1.01%
EPAC	A	-1.0%
HNI	D	-1.0%
WERN	A	-0.95%
AZZ	D	-0.94%
AIN	F	-0.91%
JBLU	D	-0.88%
B	A	-0.88%
AIR	F	-0.88%
SXI	A	-0.86%
HAYW	A	-0.86%
GEO	B	-0.85%
ROCK	D	-0.82%
KMT	B	-0.8%
HI	F	-0.79%
MYRG	B	-0.77%
ALG	C	-0.73%
KAR	F	-0.72%
TNC	F	-0.7%
MLKN	F	-0.67%
APOG	A	-0.67%
VSTS	F	-0.66%
CXW	C	-0.62%
AMWD	D	-0.6%
NX	C	-0.57%
CSGS	D	-0.55%
SNDR	A	-0.54%
LNN	C	-0.54%
NVEE	D	-0.47%
PBI	A	-0.45%
VICR	B	-0.44%
TILE	A	-0.43%
ALGT	B	-0.37%
MRTN	F	-0.37%
DLX	F	-0.34%
VVI	B	-0.34%
NVRI	F	-0.33%
HSII	A	-0.32%
HCSG	A	-0.32%
MATW	D	-0.29%
FWRD	C	-0.29%
ASTE	C	-0.29%
KELYA	D	-0.26%
DXPE	C	-0.25%
IIIN	F	-0.22%
LQDT	D	-0.2%
HTLD	F	-0.2%
SNCY	A	-0.2%
NPK	F	-0.16%
HTZ	F	-0.15%
TWI	F	-0.14%