COWS vs. PXJ ETF Comparison

Comparison of Amplify Cash Flow Dividend Leaders ETF (COWS) to PowerShares Dynamic Oil Services (PXJ)
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

$31.69

Average Daily Volume

6,514

Number of Holdings *

53

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

PowerShares Dynamic Oil Services

PXJ Description The PowerShares Dynamic Oil & Gas Services Portfolio (Fund) is based on the Dynamic Oil & Gas Services 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 composed of stocks of 30 U.S. companies that assist in the production, processing and distribution of oil and gas. The Underlying Intellidex Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$30.56

Average Daily Volume

24,198

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period COWS PXJ
30 Days 8.32% 10.74%
60 Days 7.64% 2.00%
90 Days 8.17% 0.40%
12 Months 29.39% 9.08%
4 Overlapping Holdings
Symbol Grade Weight in COWS Weight in PXJ Overlap
HAL C 2.43% 5.06% 2.43%
NOV C 1.74% 4.7% 1.74%
PTEN C 1.93% 4.72% 1.93%
SLB C 2.48% 5.07% 2.48%
COWS Overweight 49 Positions Relative to PXJ
Symbol Grade Weight
VST B 4.0%
SNA A 2.95%
OC A 2.76%
G B 2.68%
CMCSA B 2.56%
MRO B 2.49%
CF B 2.48%
BC C 2.42%
FNF B 2.35%
FDX B 2.31%
EBAY D 2.3%
TPR B 2.21%
WSM B 2.17%
TKR D 2.13%
BMY B 2.07%
ALSN B 2.03%
PARA C 2.02%
SM B 2.02%
PVH C 1.95%
VLO C 1.89%
NXST C 1.86%
SWKS F 1.84%
BEN C 1.8%
BBWI D 1.75%
PR B 1.74%
MGY A 1.73%
MUR D 1.72%
MTDR B 1.67%
GAP C 1.67%
ASO F 1.63%
T A 1.6%
MCK B 1.48%
DVN F 1.48%
VNT B 1.46%
OLN D 1.45%
TMUS B 1.43%
DNB B 1.43%
AYI B 1.4%
BWA D 1.37%
CSCO B 1.34%
AEO F 1.33%
LEA D 1.33%
RL B 1.29%
OGN D 1.29%
OSK B 1.27%
INGR B 1.25%
IPG D 1.23%
SAIC F 1.19%
ENS D 1.12%
COWS Underweight 24 Positions Relative to PXJ
Symbol Grade Weight
BKR B -6.39%
FTI A -5.59%
WFRD D -4.07%
WTTR B -3.51%
AROC B -3.4%
WHD B -3.12%
USAC B -3.02%
TDW F -2.99%
CLB B -2.98%
OII B -2.91%
HP B -2.88%
DHT F -2.86%
ACDC C -2.85%
NVGS C -2.8%
VTOL B -2.77%
PUMP B -2.76%
RES D -2.63%
NBR C -2.61%
HLX B -2.58%
LBRT D -2.48%
INSW F -2.41%
ECO F -2.28%
STNG F -2.2%
LPG F -2.0%
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