DVOL vs. PDP ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to PowerShares DWA Technical Leaders Portfolio (PDP)

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.05

Average Daily Volume

5,828

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. 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 Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$102.79

Average Daily Volume

15,072

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DVOL	PDP
30 Days	1.83%	2.77%
60 Days	6.07%	6.28%
90 Days	9.25%	5.04%
12 Months	32.59%	32.96%

19 Overlapping Holdings

Symbol	Grade	Weight in DVOL	Weight in PDP	Overlap
BRO	C	2.61%	0.64%	0.64%
COST	C	2.44%	1.7%	1.7%
CPRT	D	1.31%	2.44%	1.31%
CTAS	C	2.55%	1.66%	1.66%
ENSG	D	1.61%	0.75%	0.75%
GWW	B	1.67%	2.23%	1.67%
HLI	C	1.23%	0.64%	0.64%
IR	B	0.96%	0.53%	0.53%
MA	B	3.08%	2.99%	2.99%
MCK	F	2.07%	0.47%	0.47%
MMC	C	3.05%	0.56%	0.56%
MSFT	C	1.46%	0.84%	0.84%
PTC	C	1.44%	0.51%	0.51%
TDG	B	1.37%	2.51%	1.37%
TJX	C	2.82%	1.22%	1.22%
TRGP	C	1.24%	2.77%	1.24%
TXRH	B	0.89%	0.56%	0.56%
USFD	C	1.14%	0.62%	0.62%
V	C	3.21%	1.06%	1.06%

DVOL Overweight 29 Positions Relative to PDP

Symbol	Grade	Weight
RSG	D	3.29%
CW	B	2.92%
LIN	B	2.84%
WMT	B	2.8%
MSI	B	2.79%
REGN	D	2.67%
AMP	B	2.62%
OTIS	B	2.6%
JPM	D	2.53%
CACI	B	2.46%
AIG	D	2.39%
OKE	C	2.34%
TRV	C	2.31%
AFL	A	2.22%
HLT	B	1.99%
WELL	C	1.96%
WAB	B	1.93%
RGA	C	1.86%
MAR	B	1.63%
PKG	B	1.49%
AOS	B	1.35%
AXP	B	1.33%
SF	B	1.26%
GS	B	1.22%
SPG	B	1.16%
TW	B	1.15%
ITT	B	1.02%
AAPL	C	0.95%
WFC	D	0.9%

DVOL Underweight 80 Positions Relative to PDP

Symbol	Grade	Weight
NVDA	C	-2.65%
WRB	D	-2.59%
CDNS	D	-2.24%
ROP	C	-2.23%
APP	C	-2.2%
TT	B	-1.82%
MEDP	F	-1.58%
SNPS	F	-1.52%
FIX	B	-1.51%
NVR	B	-1.47%
LLY	D	-1.45%
ENTG	D	-1.39%
KLAC	D	-1.39%
PWR	B	-1.31%
CMG	D	-1.28%
ELF	F	-1.18%
THC	C	-1.12%
CEG	C	-1.08%
FANG	F	-1.07%
AVGO	C	-1.06%
AMAT	D	-1.05%
URI	B	-1.02%
MTSI	C	-0.96%
ARES	B	-0.96%
HWM	B	-0.94%
DECK	C	-0.93%
FICO	B	-0.93%
ANET	C	-0.91%
BAH	B	-0.9%
ONTO	C	-0.89%
META	B	-0.86%
WING	C	-0.86%
ISRG	C	-0.84%
ORCL	B	-0.83%
KKR	B	-0.8%
WFRD	F	-0.79%
RCL	B	-0.79%
COKE	C	-0.76%
CSL	B	-0.76%
TTEK	C	-0.73%
AXON	B	-0.72%
CDW	D	-0.72%
APO	B	-0.69%
IRM	C	-0.69%
EVR	B	-0.69%
CLH	C	-0.69%
AIT	B	-0.67%
PSN	A	-0.66%
NFLX	B	-0.66%
PRI	B	-0.65%
AJG	D	-0.65%
GOOGL	D	-0.64%
TOL	A	-0.64%
PHM	B	-0.64%
HRB	C	-0.64%
MAS	B	-0.62%
PH	B	-0.62%
NSIT	C	-0.61%
APG	F	-0.6%
HUBB	B	-0.6%
MUSA	D	-0.6%
FCNCA	D	-0.59%
ACGL	B	-0.58%
FLR	D	-0.56%
NTRA	C	-0.56%
LDOS	A	-0.55%
OC	C	-0.53%
ETN	C	-0.53%
HOOD	C	-0.52%
AME	C	-0.52%
KBR	D	-0.51%
BJ	D	-0.51%
WLK	C	-0.5%
WSM	C	-0.5%
BLD	C	-0.49%
CROX	C	-0.47%
PSTG	F	-0.46%
GAP	F	-0.45%
CRWD	D	-0.44%
LRCX	D	-0.37%