BEEZ vs. PYZ ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to PowerShares Dynamic Basic Materials (PYZ)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$32.81

Average Daily Volume

601

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PYZ

PowerShares Dynamic Basic Materials

PYZ Description

The PowerShares Dynamic Basic Materials Sector Portfolio (Fund) is based on the Dynamic Basic Materials Sector 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 thoroughly evaluates 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 stocks of 60 US basic materials companies. These are companies that are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$97.04

Average Daily Volume

2,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	PYZ
30 Days	1.11%	0.76%
60 Days	2.05%	4.86%
90 Days	4.98%	6.56%
12 Months	25.00%	24.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in PYZ	Overlap
	APD	A	3.97%	3.84%	3.84%

BEEZ Overweight 24 Positions Relative to PYZ

Symbol	Grade	Weight
INTU	B	4.17%
HD	B	4.13%
ACN	B	4.11%
COST	A	4.1%
NOW	A	4.09%
CMI	A	4.08%
EW	C	4.07%
ZTS	D	4.05%
V	A	4.04%
FAST	B	4.03%
ATR	B	4.02%
WTS	B	4.02%
MA	B	4.01%
SHW	B	3.99%
EQIX	A	3.98%
ITW	B	3.98%
TMO	F	3.92%
AMT	C	3.91%
A	D	3.9%
MAS	D	3.87%
TSCO	D	3.86%
TXN	C	3.78%
LRCX	F	3.76%
OLED	F	3.72%

BEEZ Underweight 46 Positions Relative to PYZ

Symbol	Grade	Weight
CRS	B	-5.12%
RPM	A	-4.44%
LIN	C	-3.74%
ATI	C	-3.72%
AVY	F	-3.57%
RS	B	-3.47%
EMN	C	-2.74%
CF	A	-2.7%
NUE	C	-2.69%
LPX	B	-2.67%
SLVM	B	-2.43%
SUM	B	-2.37%
UEC	B	-2.34%
IP	A	-2.29%
AA	A	-2.25%
CBT	D	-2.13%
CDE	C	-2.13%
AVNT	C	-2.11%
CTVA	C	-1.97%
VVV	D	-1.94%
ESI	B	-1.94%
ECL	D	-1.92%
WLK	D	-1.83%
FCX	F	-1.8%
PCT	C	-1.79%
CMC	B	-1.79%
RGLD	C	-1.76%
DD	C	-1.75%
SMG	C	-1.74%
CENX	B	-1.73%
NEM	D	-1.71%
LYB	F	-1.68%
IFF	D	-1.63%
MP	C	-1.61%
HL	D	-1.56%
HWKN	B	-1.48%
DOW	F	-1.47%
PRM	C	-1.36%
BCPC	B	-1.28%
FUL	F	-1.18%
MTRN	C	-1.12%
MTX	B	-1.08%
NEU	D	-1.05%
IOSP	C	-1.01%
SXT	C	-0.96%
WOR	F	-0.9%