CWS vs. PUI ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to PowerShares Dynamic Utilities (PUI)

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

$71.39

Average Daily Volume

13,789

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PUI

PowerShares Dynamic Utilities

PUI Description

The PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities 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 utilities companies. These companies are principally engaged in providing either energy, water, natural gas or telecommunications services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$42.71

Average Daily Volume

8,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	PUI
30 Days	4.21%	6.99%
60 Days	4.35%	6.06%
90 Days	6.56%	13.88%
12 Months	29.94%	39.01%

1 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in PUI	Overlap
	AWK	D	3.39%	3.05%	3.05%

CWS Overweight 24 Positions Relative to PUI

Symbol	Grade	Weight
FICO	A	6.68%
FI	A	5.35%
MLR	B	5.32%
HEI	B	5.2%
APH	B	4.89%
AFL	A	4.57%
SYK	B	4.3%
MCO	A	4.15%
ICE	D	4.12%
COR	A	4.02%
SLGN	A	3.96%
ROL	A	3.86%
INTU	C	3.78%
BR	A	3.77%
OTIS	C	3.73%
AGM	B	3.63%
FDS	B	3.54%
ABT	B	3.54%
SAIC	F	3.38%
MGRC	B	3.38%
TMO	F	3.36%
HSY	F	3.28%
PII	F	2.38%
CE	F	1.6%

CWS Underweight 32 Positions Relative to PUI

Symbol	Grade	Weight
VST	B	-5.04%
OKE	B	-4.27%
PCG	A	-3.74%
LUMN	C	-3.73%
ATO	A	-3.65%
SRE	B	-3.63%
NI	A	-3.59%
WEC	A	-3.49%
PEG	A	-3.46%
DUK	C	-3.42%
XEL	A	-3.42%
CEG	C	-3.41%
T	A	-3.27%
NRG	B	-3.27%
SO	C	-3.05%
DTE	C	-2.99%
CMS	B	-2.98%
LNT	A	-2.91%
EVRG	A	-2.86%
CNP	A	-2.86%
AEE	A	-2.76%
PNW	A	-2.72%
IDA	C	-2.68%
EIX	A	-2.49%
FE	D	-2.46%
AEP	C	-2.4%
ES	D	-2.35%
ED	C	-2.33%
NFG	B	-2.32%
NJR	B	-2.29%
OTTR	C	-2.15%
NOVA	F	-0.87%