DEEP vs. DWAS ETF Comparison

Comparison of Roundhill Acquirers Deep Value ETF (DEEP) to PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)

DEEP

Roundhill Acquirers Deep Value ETF

DEEP Description

The investment seeks to track the performance, before fees and expenses, of the Acquirers Deep Value Index (the “index”). The index was established in 2020 by Acquirers Funds LLC and tracks the performance of a portfolio of 20 of the most undervalued, fundamentally strong stocks drawn from the largest 500 stocks listed in the United States meeting certain liquidity thresholds. Under normal circumstances, at least 80% of the fund’s total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.44

Average Daily Volume

2,490

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DWAS

PowerShares DWA SmallCap Technical Leaders Portfolio

DWAS Description

The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.

Grade (RS Rating)

Last Trade

$87.06

Average Daily Volume

55,684

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

Performance

Period	DEEP	DWAS
30 Days	-1.89%	-1.99%
60 Days	-2.01%	-3.60%
90 Days	-2.24%	3.12%
12 Months	15.08%	24.94%

11 Overlapping Holdings

Symbol	Grade	Weight in DEEP	Weight in DWAS	Overlap
BSIG	C	1.02%	0.39%	0.39%
CUBI	D	0.96%	0.35%	0.35%
DFIN	A	0.99%	1.16%	0.99%
GRBK	C	1.04%	0.65%	0.65%
GTX	C	1.02%	0.58%	0.58%
MHO	D	0.98%	0.37%	0.37%
PARR	F	0.85%	0.32%	0.32%
PLAB	C	1.0%	0.38%	0.38%
RYI	F	0.82%	0.47%	0.47%
SXC	D	0.95%	0.36%	0.36%
USLM	A	1.14%	0.41%	0.41%

DEEP Overweight 85 Positions Relative to DWAS

Symbol	Grade	Weight
ULH	B	1.32%
ZUMZ	C	1.31%
TH	C	1.29%
AGX	B	1.27%
VIRT	A	1.18%
GSL	A	1.18%
NGVT	B	1.18%
GEO	B	1.16%
LPG	B	1.13%
VSTO	A	1.13%
APOG	A	1.13%
CMRE	A	1.13%
GIII	D	1.12%
CLW	B	1.12%
PFBC	A	1.12%
CCB	B	1.11%
MYE	A	1.1%
TPB	A	1.09%
SMP	C	1.08%
SSP	C	1.08%
PANL	C	1.08%
SBLK	A	1.07%
RMR	B	1.07%
WSBF	B	1.07%
PRG	B	1.07%
PRDO	A	1.07%
TK	B	1.07%
CLFD	B	1.07%
CCRN	F	1.07%
INVA	B	1.06%
CRCT	C	1.06%
BBSI	A	1.06%
TNK	B	1.06%
NRP	B	1.05%
DHT	A	1.05%
DHIL	C	1.04%
NVEC	F	1.03%
EBF	D	1.03%
HTBK	D	1.03%
HVT	F	1.02%
AAN	F	1.01%
PLPC	D	1.01%
MCRI	C	1.0%
HLF	C	1.0%
VGR	F	1.0%
EIG	D	1.0%
MD	D	0.99%
BKE	D	0.99%
MOV	D	0.99%
NATR	C	0.99%
CNXN	D	0.99%
WGO	F	0.99%
IMKTA	F	0.99%
JBSS	F	0.98%
CASS	D	0.97%
ITRN	D	0.97%
KFRC	D	0.95%
RMAX	F	0.95%
MCFT	F	0.95%
AMSF	F	0.95%
TBBK	F	0.94%
ACCO	F	0.94%
USNA	D	0.94%
DIN	F	0.94%
IIIN	D	0.93%
TWI	F	0.93%
EPM	F	0.93%
AMCX	D	0.93%
HCKT	D	0.93%
NUS	F	0.92%
EVRI	F	0.91%
ETD	F	0.91%
RMNI	F	0.9%
IMMR	D	0.89%
SMLR	F	0.89%
BXC	D	0.89%
MBUU	F	0.87%
RGP	D	0.86%
INMD	F	0.85%
HBI	F	0.83%
WNC	F	0.83%
LPRO	F	0.79%
FWRD	F	0.77%
MED	F	0.74%
TTEC	F	0.71%

DEEP Underweight 171 Positions Relative to DWAS

Symbol	Grade	Weight
MOD	B	-1.65%
TDW	A	-1.52%
LFMD	A	-1.39%
STRL	D	-1.32%
TRNS	A	-1.29%
NUVL	D	-1.26%
POWL	B	-1.23%
ALPN	A	-1.22%
COOP	A	-1.18%
LMB	C	-1.11%
ANF	C	-1.07%
UFPT	A	-1.0%
VERA	C	-0.97%
IMNM	D	-0.95%
RRR	D	-0.93%
ADMA	A	-0.92%
KAI	D	-0.9%
HRTG	C	-0.82%
RXST	A	-0.79%
SERA	B	-0.76%
HRI	D	-0.71%
PLAY	D	-0.69%
CBZ	D	-0.66%
ATI	B	-0.61%
ALG	D	-0.6%
BYRN	B	-0.58%
WIRE	A	-0.57%
ZEUS	F	-0.56%
USAP	A	-0.55%
GMS	C	-0.54%
IESC	B	-0.53%
BCC	D	-0.52%
VCTR	A	-0.52%
CSWI	A	-0.52%
MYRG	F	-0.51%
TREE	A	-0.5%
BMI	A	-0.5%
ARQT	D	-0.5%
AROC	B	-0.49%
TPC	A	-0.49%
RNA	A	-0.48%
KRYS	D	-0.47%
MACK	B	-0.46%
SKYW	A	-0.46%
EVER	A	-0.46%
ARCB	F	-0.45%
GHM	B	-0.45%
FSS	C	-0.45%
SMHI	D	-0.45%
IDYA	D	-0.45%
GKOS	A	-0.44%
BECN	B	-0.44%
AMRX	A	-0.44%
MAX	C	-0.43%
BKD	A	-0.43%
CVNA	A	-0.43%
RDNT	A	-0.43%
JXN	A	-0.43%
SPRY	C	-0.43%
AVAV	B	-0.43%
SLVM	A	-0.42%
NBN	C	-0.42%
CRAI	B	-0.42%
CLSK	C	-0.42%
SFM	A	-0.42%
OFG	A	-0.42%
TRAK	B	-0.42%
SILK	B	-0.42%
MLI	B	-0.42%
UTI	A	-0.41%
MOG.A	A	-0.41%
HWKN	A	-0.41%
MRUS	C	-0.41%
EVH	F	-0.41%
GES	B	-0.41%
HCI	B	-0.41%
DFH	D	-0.41%
EZPW	C	-0.41%
CMPR	D	-0.41%
KTB	B	-0.41%
SKT	D	-0.41%
MBIN	C	-0.4%
GVA	A	-0.4%
VECO	B	-0.4%
ESQ	C	-0.4%
NRIX	D	-0.4%
ENVA	B	-0.4%
APPF	C	-0.4%
PIPR	A	-0.4%
CHX	D	-0.4%
ORIC	D	-0.4%
CACC	D	-0.39%
COLL	C	-0.39%
BGC	B	-0.39%
CRNX	A	-0.39%
SKY	D	-0.39%
KOP	F	-0.39%
INBK	C	-0.39%
LBRT	B	-0.39%
ARLO	A	-0.39%
IBP	C	-0.39%
ANDE	B	-0.39%
AMSC	C	-0.39%
VSEC	A	-0.39%
GFF	C	-0.39%
MATX	B	-0.39%
AGM	A	-0.39%
FRPT	C	-0.38%
SXI	C	-0.38%
ESAB	B	-0.38%
VERX	D	-0.38%
CRVL	C	-0.38%
ANIP	C	-0.38%
GOLF	D	-0.38%
PACK	B	-0.38%
ROAD	D	-0.38%
ASPN	A	-0.38%
VVV	B	-0.37%
ORN	D	-0.37%
ALSN	D	-0.37%
DXPE	B	-0.37%
FELE	D	-0.37%
DYN	D	-0.37%
NPO	D	-0.37%
SPNT	C	-0.37%
LQDA	D	-0.37%
GPOR	C	-0.37%
ASO	D	-0.37%
CDRE	D	-0.37%
ICFI	C	-0.37%
ACVA	D	-0.36%
KYMR	D	-0.36%
CELC	D	-0.36%
CDLX	B	-0.36%
NR	C	-0.36%
LPX	D	-0.36%
SUM	D	-0.36%
KURA	D	-0.36%
BZH	D	-0.36%
KRUS	B	-0.36%
RYAN	D	-0.36%
KROS	D	-0.35%
ACMR	D	-0.35%
QUIK	D	-0.35%
MDXG	D	-0.35%
KD	D	-0.35%
BLZE	D	-0.35%
PAY	B	-0.35%
RUSHA	D	-0.35%
ARHS	D	-0.34%
LYRA	F	-0.34%
FOR	D	-0.34%
SMID	D	-0.34%
SGBX	D	-0.34%
MTRN	F	-0.34%
AGO	D	-0.34%
VRNS	D	-0.34%
MTRX	D	-0.33%
LSEA	F	-0.32%
ANNX	D	-0.31%
BWMN	F	-0.3%
FULC	D	-0.3%
SOUN	D	-0.3%
PCT	F	-0.3%
HEES	F	-0.29%
APLT	D	-0.28%
KOD	D	-0.26%
AQST	D	-0.25%
OCUL	D	-0.24%
FATE	D	-0.23%
IRON	F	-0.22%