COWS vs. PRN ETF Comparison

Comparison of Amplify Cash Flow Dividend Leaders ETF (COWS) to PowerShares Dynamic Industrials (PRN)
COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$27.83

Average Daily Volume

9,278

Number of Holdings *

10

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

PowerShares Dynamic Industrials

PRN Description The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials 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 common stocks of 60 US industrial companies. These are companies that 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 Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$132.26

Average Daily Volume

12,119

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period COWS PRN
30 Days -5.70% -3.78%
60 Days -0.83% -1.85%
90 Days 4.33% 5.83%
12 Months 40.05%
1 Overlapping Holdings
Symbol Grade Weight in COWS Weight in PRN Overlap
UFPI C 2.52% 1.71% 1.71%
COWS Overweight 9 Positions Relative to PRN
Symbol Grade Weight
FDX B 2.7%
VST A 2.67%
HOG D 2.64%
CMC B 2.6%
OC A 2.58%
BC F 2.56%
THO F 2.55%
NXST B 2.5%
FIS D 2.48%
COWS Underweight 39 Positions Relative to PRN
Symbol Grade Weight
CTAS B -4.03%
HEI A -3.93%
HUBB D -3.61%
VRT A -3.61%
FIX B -3.59%
CPRT D -3.51%
AME D -3.44%
PWR A -3.3%
TT A -3.2%
BLDR C -3.17%
SAIA F -3.08%
GWW D -3.01%
URI D -2.73%
TDG A -2.63%
GGG F -2.5%
PKG C -2.44%
CSL A -2.43%
ETN B -2.42%
STRL D -2.34%
XPO D -2.34%
HWM A -2.22%
WIRE B -2.14%
AXON B -2.12%
HRI D -2.12%
ARCB F -2.01%
BCC D -2.0%
DY A -1.99%
MYRG D -1.95%
CBZ D -1.9%
CSWI A -1.83%
IESC A -1.8%
GFF C -1.77%
GMS B -1.76%
APG D -1.74%
RUSHA F -1.58%
AIT C -1.57%
CMPR D -1.42%
HEES F -1.34%
AMSC C -1.27%
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