CWS vs. PIO ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to PowerShares Global Water Portfolio (PIO)

CWS

AdvisorShares Focused Equity ETF

CWS Description

The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.

Grade (RS Rating)

Last Trade

$59.95

Average Daily Volume

15,226

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

PIO

PowerShares Global Water Portfolio

PIO Description

The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$40.03

Average Daily Volume

9,215

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

Performance

Period	CWS	PIO
30 Days	-4.39%	-5.07%
60 Days	-1.53%	0.00%
90 Days	1.34%	5.00%
12 Months	17.45%	16.35%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in PIO	Overlap
	AWK	F	3.47%	3.8%	3.47%

CWS Overweight 22 Positions Relative to PIO

	Symbol	Grade	Weight
	MLR	A	4.63%
	SYK	C	4.43%
	APH	B	4.41%
	HEI	A	4.23%
	OTIS	B	4.19%
	TMO	C	4.1%
	SLGN	A	4.03%
	ICE	C	4.01%
	CE	B	3.92%
	ABT	C	3.9%
	AFL	B	3.89%
	HSY	F	3.89%
	ROL	C	3.88%
	FICO	D	3.85%
	INTU	C	3.84%
	SAIC	C	3.79%
	BR	C	3.77%
	MCO	C	3.75%
	PII	F	3.7%
	MGRC	D	3.69%
	AGM	B	3.64%
	FDS	D	3.52%

CWS Underweight 11 Positions Relative to PIO

	Symbol	Grade	Weight
	PNR	B	-8.37%
	ROP	B	-7.88%
	DHR	C	-7.67%
	ECL	C	-3.91%
	XYL	A	-3.72%
	VLTO	A	-3.38%
	WAT	D	-3.33%
	IEX	C	-2.22%
	AOS	A	-1.91%
	WMS	C	-1.7%
	CWCO	F	-0.37%

CWS: Top Represented Industries & Keywords

Industries: Business Services Capital Markets Medical Devices Aerospace & Defense Auto Parts Chemicals Confectioners Credit Services Diagnostics & Research Electronic Components Financial Data & Stock Exchanges Information Technology Services Insurance - Life Packaging & Containers Recreational Vehicles Rental & Leasing Services Software - Application Software - Infrastructure Specialty Industrial Machinery Utilities - Regulated Water

Keywords: S&P 500 Cancer Electronics Transport Aerospace Beverage Products Card Processing Chemical Chemical Product Communication Solutions Credit Drink Lab Testing Land Transport Medicine Moody's Analytics Navigation Systems Payment Systems Personal Finance Sanitation

PIO: Top Represented Industries & Keywords

Industries: Diversified Industrials Diagnostics & Research Utilities - Regulated Water Pollution & Treatment Controls Rubber & Plastics Specialty Chemicals

Keywords: S&P 500 Chemical Water Water Treatment Beverage Boiler Chemical Process Chemical Processing Danaher Corporation Dover Corporation Drug Discovery Electronics Injector Irrigation Manufacturing Market Manufacturing Markets Mining Pharmaceutical Plastic Sanitation