DWAS vs. APIE ETF Comparison

Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to Trust for Professional Managers ActivePassive International Equity ETF (APIE)

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

$100.67

Average Daily Volume

31,848

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

APIE

Trust for Professional Managers ActivePassive International Equity ETF

APIE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the S&P Classic ADR Composite Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of non-U.S. companies with varying market capitalizations.

Grade (RS Rating)

Last Trade

$28.80

Average Daily Volume

47,382

Number of Holdings ^*

212

* may have additional holdings in another (foreign) market

Performance

Period	DWAS	APIE
30 Days	8.31%	-4.19%
60 Days	8.01%	-3.36%
90 Days	9.10%	-3.32%
12 Months	35.83%	11.90%

0 Overlapping Holdings

	Symbol	Grade	Weight in DWAS	Weight in APIE	Overlap

DWAS Overweight 182 Positions Relative to APIE

Symbol	Grade	Weight
LMB	B	1.64%
STRL	A	1.57%
MOD	A	1.55%
ADMA	B	1.49%
KNTK	A	1.18%
COOP	B	1.1%
NUVL	C	1.02%
AMSC	B	0.95%
CRS	B	0.92%
SFM	A	0.89%
CSWI	B	0.88%
UFPT	C	0.88%
DFIN	D	0.85%
HRTG	C	0.82%
BELFB	C	0.8%
RNA	C	0.79%
CVNA	B	0.78%
GRBK	D	0.78%
BYRN	B	0.74%
USLM	A	0.74%
OSCR	D	0.7%
CECO	B	0.7%
NBN	C	0.7%
USAP	B	0.68%
GPI	B	0.66%
VCTR	B	0.64%
RXST	F	0.61%
RDW	A	0.61%
ATI	C	0.61%
SKYW	B	0.61%
MLI	B	0.6%
AMRX	C	0.6%
ENVA	B	0.59%
PAY	A	0.57%
AROC	A	0.55%
HWKN	B	0.54%
BMI	B	0.54%
AGX	B	0.53%
COMM	D	0.52%
GVA	A	0.51%
TPC	C	0.51%
CCB	A	0.5%
TDS	B	0.49%
PCT	C	0.49%
KRYS	C	0.49%
VERX	A	0.49%
PIPR	A	0.49%
TRAK	B	0.48%
IDCC	B	0.48%
SKT	A	0.48%
PRIM	A	0.48%
ALSN	B	0.47%
VSEC	C	0.47%
CNX	A	0.47%
JXN	C	0.46%
CRVL	B	0.46%
RUSHA	C	0.46%
RDNT	B	0.46%
CORT	B	0.46%
QTWO	A	0.45%
KTB	B	0.45%
NECB	C	0.45%
LPX	B	0.44%
UTI	B	0.44%
FSS	B	0.44%
ROAD	B	0.44%
AUR	C	0.43%
HROW	D	0.43%
BSIG	A	0.43%
TGTX	B	0.43%
PRDO	B	0.43%
SKY	A	0.43%
APLT	C	0.43%
LMAT	A	0.42%
SLVM	B	0.42%
SNEX	A	0.42%
CASH	B	0.42%
TVTX	B	0.42%
OFG	B	0.42%
AGYS	A	0.42%
APOG	C	0.42%
MATX	C	0.42%
AVAV	C	0.41%
ESQ	B	0.41%
SXI	B	0.41%
RYAN	A	0.41%
NRIX	C	0.41%
NRIM	A	0.41%
ZETA	D	0.41%
NGVC	A	0.41%
WT	A	0.41%
INBK	B	0.41%
ALKT	B	0.41%
MLR	C	0.4%
FRPT	B	0.4%
AGM	B	0.4%
RYTM	C	0.4%
PRCT	B	0.4%
BBSI	B	0.4%
RYAM	C	0.4%
GKOS	B	0.4%
R	B	0.4%
MMSI	A	0.4%
SPNT	B	0.39%
ACVA	B	0.39%
RSI	A	0.39%
AMAL	B	0.39%
BDC	C	0.39%
MOG.A	B	0.39%
HURN	C	0.39%
WEAV	C	0.39%
CVLT	B	0.39%
BGC	C	0.39%
NPO	A	0.38%
CVCO	A	0.38%
OCUL	D	0.38%
REVG	C	0.38%
SLG	B	0.38%
GOLF	B	0.38%
INSM	C	0.37%
DY	D	0.37%
WLDN	C	0.37%
PBI	B	0.37%
TBBK	C	0.37%
AXSM	B	0.37%
VNO	C	0.37%
AVAH	B	0.37%
MHO	D	0.37%
IMNM	F	0.37%
DSGR	C	0.36%
FBP	C	0.36%
SMTC	B	0.36%
NMRK	C	0.36%
CRNX	C	0.36%
KEX	B	0.36%
SAVA	C	0.35%
MTG	C	0.35%
CDMO	A	0.35%
BVS	D	0.35%
CBT	D	0.35%
ALHC	C	0.35%
TREE	F	0.34%
AQST	D	0.34%
GIII	D	0.34%
PLCE	C	0.34%
CXT	C	0.34%
SERA	F	0.34%
CDE	C	0.34%
AXGN	C	0.33%
TPH	D	0.33%
SWIM	C	0.33%
TWST	F	0.33%
PI	D	0.33%
PNTG	D	0.33%
KYMR	D	0.33%
PTGX	D	0.32%
GCI	D	0.32%
VRNS	D	0.32%
PATK	C	0.32%
MBIN	F	0.31%
KBH	D	0.31%
ICFI	F	0.31%
COGT	D	0.3%
ALDX	D	0.29%
MG	D	0.29%
THRD	F	0.29%
BOOT	C	0.29%
MEC	F	0.29%
LSEA	D	0.28%
ATRO	D	0.28%
DFH	D	0.28%
PLUS	F	0.28%
BKD	F	0.27%
HBB	F	0.25%
UWMC	D	0.25%
RKT	F	0.25%
MAX	F	0.24%
TNDM	D	0.23%
RDFN	D	0.22%
IGMS	F	0.19%
PHAT	F	0.17%
NOVA	F	0.12%

DWAS Underweight 212 Positions Relative to APIE

Symbol	Grade	Weight
TSM	B	-5.96%
SAP	B	-1.98%
RELX	D	-1.54%
NVO	F	-1.45%
NVS	D	-1.33%
UL	D	-1.28%
AZN	F	-1.25%
ASML	F	-1.22%
TM	F	-1.2%
BABA	D	-1.19%
HSBC	A	-1.18%
HDB	C	-0.96%
BTI	B	-0.92%
BCS	A	-0.81%
TAK	D	-0.79%
BHP	F	-0.75%
DEO	F	-0.72%
SNY	F	-0.72%
BP	D	-0.69%
RIO	D	-0.68%
IX	F	-0.66%
GSK	F	-0.66%
BUD	F	-0.65%
TTE	F	-0.6%
SMFG	B	-0.59%
MUFG	B	-0.58%
SAN	D	-0.53%
HMC	F	-0.53%
INFY	C	-0.53%
NGG	D	-0.52%
IBN	C	-0.51%
PDD	F	-0.5%
BBVA	D	-0.49%
ING	F	-0.46%
PHG	C	-0.46%
LYG	D	-0.44%
NWG	A	-0.43%
MFG	A	-0.41%
IHG	A	-0.39%
JD	D	-0.38%
ABBV	F	-0.37%
TEF	C	-0.37%
MT	B	-0.35%
ERIC	C	-0.34%
AON	A	-0.34%
PSO	B	-0.33%
NOK	D	-0.32%
E	F	-0.31%
ACN	B	-0.31%
CHKP	C	-0.31%
VOD	D	-0.3%
NMR	B	-0.3%
HLN	C	-0.29%
TCOM	B	-0.29%
SKM	C	-0.29%
SHG	C	-0.28%
RDY	F	-0.27%
SNN	D	-0.26%
RTO	C	-0.26%
LOGI	D	-0.25%
KT	A	-0.25%
VALE	F	-0.23%
KB	B	-0.22%
JHX	D	-0.21%
GLPG	F	-0.2%
FMS	A	-0.19%
EQNR	C	-0.19%
PBR	D	-0.17%
ITUB	F	-0.16%
ASX	D	-0.16%
SE	A	-0.15%
WPP	C	-0.15%
WIT	B	-0.14%
TEVA	C	-0.14%
DOOO	F	-0.13%
UMC	F	-0.13%
ERJ	A	-0.13%
ABEV	F	-0.12%
CRTO	D	-0.12%
NTES	C	-0.12%
CUK	A	-0.12%
WF	C	-0.12%
FINV	B	-0.11%
BBD	D	-0.1%
ARGX	B	-0.1%
ZTO	F	-0.1%
BGNE	D	-0.1%
SBS	B	-0.09%
PKX	D	-0.09%
NICE	D	-0.08%
GRFS	C	-0.08%
WDS	D	-0.08%
TS	B	-0.08%
SW	A	-0.08%
FUTU	D	-0.08%
CHT	C	-0.08%
LI	F	-0.08%
CIG	B	-0.08%
GFI	D	-0.07%
QFIN	A	-0.07%
CIB	B	-0.07%
CCU	D	-0.06%
NNDM	D	-0.06%
PAC	B	-0.06%
AKO.A	F	-0.06%
KOF	F	-0.06%
ASR	D	-0.06%
VIPS	F	-0.06%
HMY	D	-0.06%
YY	B	-0.06%
BEKE	D	-0.06%
BCH	C	-0.06%
GGAL	B	-0.05%
ARM	F	-0.05%
MTLS	A	-0.05%
SOHU	F	-0.05%
XPEV	C	-0.05%
PAM	A	-0.05%
FMX	F	-0.05%
GOLD	C	-0.05%
CX	F	-0.05%
BNTX	C	-0.05%
GMAB	F	-0.05%
AKO.A	F	-0.05%
BIDU	F	-0.05%
HTHT	D	-0.04%
DRD	D	-0.04%
YMM	C	-0.04%
TKC	B	-0.04%
OPRA	B	-0.04%
BWAY	B	-0.04%
TME	D	-0.04%
STM	F	-0.04%
PHI	D	-0.04%
IMOS	F	-0.04%
ATHM	C	-0.03%
IMMP	F	-0.03%
BLTE	B	-0.03%
VLRS	B	-0.03%
TLK	D	-0.03%
CRESY	B	-0.03%
BILI	D	-0.03%
EBR	F	-0.03%
YPF	B	-0.03%
TX	F	-0.03%
GGB	C	-0.03%
OMAB	D	-0.03%
VIST	B	-0.03%
NIO	F	-0.03%
DAVA	C	-0.03%
MREO	F	-0.02%
BMA	C	-0.02%
ELP	F	-0.02%
ZLAB	C	-0.02%
GNFT	F	-0.02%
LPL	D	-0.02%
BZ	F	-0.02%
ATAT	C	-0.02%
ASAI	F	-0.02%
UGP	F	-0.02%
SUPV	B	-0.02%
ASND	F	-0.02%
HIMX	F	-0.02%
GDS	C	-0.02%
BRFS	C	-0.02%
XYF	D	-0.02%
SUZ	B	-0.02%
MOMO	D	-0.02%
MYTE	B	-0.02%
TAL	F	-0.02%
CANG	B	-0.02%
ENIC	B	-0.02%
EDAP	F	-0.01%
JMIA	F	-0.01%
YALA	D	-0.01%
DOYU	C	-0.01%
MNSO	D	-0.01%
BZUN	F	-0.01%
DAO	B	-0.01%
CEPU	B	-0.01%
HUYA	F	-0.01%
CLLS	F	-0.01%
JKS	F	-0.01%
LEGN	D	-0.01%
TV	F	-0.01%
GRVY	C	-0.01%
RERE	C	-0.01%
OTLY	F	-0.01%
JFIN	F	-0.01%
TEO	B	-0.01%
BVN	D	-0.01%
IPHA	D	-0.01%
SQM	D	-0.01%
VIV	F	-0.01%
ADAP	F	-0.0%
EVO	C	-0.0%
HCM	D	-0.0%
SSL	F	-0.0%
CNF	F	-0.0%
ORAN	D	-0.0%
HEPS	C	-0.0%
IQ	F	-0.0%
AZUL	F	-0.0%
DADA	F	-0.0%
RLX	C	-0.0%
TOUR	D	-0.0%
SIMO	D	-0.0%
YRD	F	-0.0%
DDL	C	-0.0%
EH	D	-0.0%
SBSW	D	-0.0%
KC	B	-0.0%