DWAS vs. BIB ETF Comparison

Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to ProShares Ultra Nasdaq Biotechnology (BIB)

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

$100.69

Average Daily Volume

31,847

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

BIB

ProShares Ultra Nasdaq Biotechnology

BIB Description

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Nasdaq Biotechnology Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark ("ICB") which also meet other eligibility criteria determined by NASDAQ. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.10

Average Daily Volume

13,921

Number of Holdings ^*

195

* may have additional holdings in another (foreign) market

Performance

Period	DWAS	BIB
30 Days	8.33%	-13.17%
60 Days	8.03%	-17.64%
90 Days	9.12%	-18.19%
12 Months	35.86%	27.44%

18 Overlapping Holdings

Symbol	Grade	Weight in DWAS	Weight in BIB	Overlap
ADMA	B	1.49%	0.37%	0.37%
AXSM	B	0.37%	0.36%	0.36%
COGT	D	0.3%	0.08%	0.08%
CRNX	C	0.36%	0.35%	0.35%
HROW	D	0.43%	0.11%	0.11%
INSM	C	0.37%	0.93%	0.37%
KRYS	C	0.49%	0.41%	0.41%
KYMR	D	0.33%	0.22%	0.22%
NRIX	C	0.41%	0.11%	0.11%
NUVL	C	1.02%	0.42%	0.42%
OCUL	D	0.38%	0.11%	0.11%
PHAT	F	0.17%	0.05%	0.05%
PTGX	D	0.32%	0.19%	0.19%
RNA	C	0.79%	0.39%	0.39%
RYTM	C	0.4%	0.29%	0.29%
THRD	F	0.29%	0.04%	0.04%
TVTX	C	0.42%	0.11%	0.11%
TWST	F	0.33%	0.2%	0.2%

DWAS Overweight 164 Positions Relative to BIB

Symbol	Grade	Weight
LMB	B	1.64%
STRL	A	1.57%
MOD	A	1.55%
KNTK	A	1.18%
COOP	B	1.1%
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%
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	C	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%
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%
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	B	0.42%
CASH	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%
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	A	0.4%
AGM	B	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%
REVG	C	0.38%
SLG	B	0.38%
GOLF	B	0.38%
DY	D	0.37%
WLDN	C	0.37%
PBI	B	0.37%
TBBK	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%
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%
PI	D	0.33%
PNTG	D	0.33%
GCI	D	0.32%
VRNS	D	0.32%
PATK	C	0.32%
MBIN	F	0.31%
KBH	D	0.31%
ICFI	F	0.31%
ALDX	D	0.29%
MG	D	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%
NOVA	F	0.12%

DWAS Underweight 177 Positions Relative to BIB

Symbol	Grade	Weight
GILD	C	-7.52%
VRTX	D	-6.33%
AMGN	F	-5.61%
REGN	F	-4.32%
AZN	F	-3.01%
ALNY	D	-2.43%
BIIB	F	-1.87%
ILMN	C	-1.7%
ARGX	B	-1.49%
UTHR	C	-1.3%
VTRS	A	-1.26%
MRNA	F	-1.24%
INCY	C	-1.21%
SNY	F	-1.16%
SMMT	D	-1.12%
NBIX	C	-0.97%
BMRN	F	-0.96%
RPRX	D	-0.94%
SRPT	F	-0.81%
BNTX	C	-0.81%
EXEL	B	-0.8%
PCVX	D	-0.79%
MEDP	D	-0.78%
RVMD	C	-0.74%
ITCI	C	-0.71%
BGNE	D	-0.68%
ROIV	C	-0.67%
JAZZ	B	-0.59%
ASND	F	-0.58%
MDGL	B	-0.54%
CYTK	F	-0.5%
BPMC	B	-0.47%
HALO	F	-0.44%
IONS	F	-0.4%
ACLX	C	-0.39%
ALKS	C	-0.37%
BBIO	F	-0.34%
CRSP	D	-0.33%
RARE	F	-0.33%
IMVT	F	-0.3%
GH	B	-0.29%
DNLI	D	-0.28%
APLS	F	-0.26%
AGIO	C	-0.25%
PTCT	B	-0.25%
MRUS	F	-0.25%
LEGN	D	-0.25%
EWTX	C	-0.24%
XENE	D	-0.24%
DYN	F	-0.24%
VCYT	B	-0.23%
ACAD	C	-0.23%
FOLD	F	-0.23%
VRNA	B	-0.21%
IOVA	F	-0.21%
SWTX	C	-0.21%
VCEL	B	-0.21%
VERA	C	-0.2%
JANX	C	-0.2%
GERN	D	-0.19%
ARWR	D	-0.19%
AMPH	F	-0.18%
IDYA	F	-0.18%
KROS	D	-0.17%
LGND	C	-0.17%
AKRO	B	-0.17%
SRRK	C	-0.17%
SUPN	C	-0.16%
MIRM	B	-0.16%
BEAM	D	-0.16%
MNKD	C	-0.15%
HRMY	D	-0.15%
RXRX	F	-0.14%
FTRE	D	-0.14%
TARS	C	-0.14%
NVCR	C	-0.14%
IRON	B	-0.14%
ARVN	F	-0.13%
WVE	C	-0.13%
XNCR	B	-0.12%
NTLA	F	-0.12%
BCRX	D	-0.12%
DVAX	C	-0.12%
DAWN	D	-0.11%
SPRY	C	-0.11%
SNDX	F	-0.11%
MYGN	F	-0.11%
ARDX	F	-0.1%
ELVN	D	-0.1%
INVA	D	-0.1%
IMCR	D	-0.1%
KURA	F	-0.1%
RCKT	F	-0.1%
ZLAB	C	-0.1%
NVAX	F	-0.1%
ARQT	B	-0.09%
GRFS	C	-0.09%
CNTA	B	-0.09%
AUPH	B	-0.09%
ANIP	F	-0.09%
COLL	F	-0.08%
VIR	D	-0.08%
ETNB	C	-0.07%
GMAB	F	-0.07%
ADPT	C	-0.06%
PRTA	F	-0.06%
REPL	D	-0.06%
PLRX	D	-0.06%
EOLS	D	-0.06%
BCYC	F	-0.06%
PCRX	C	-0.06%
ERAS	C	-0.06%
CSTL	D	-0.06%
CGEM	F	-0.06%
ABCL	D	-0.06%
MLYS	F	-0.05%
ANAB	F	-0.05%
CVAC	F	-0.05%
AUTL	F	-0.05%
ORIC	F	-0.05%
AVXL	B	-0.05%
IRWD	F	-0.05%
MRVI	F	-0.05%
RLAY	F	-0.05%
ABUS	D	-0.05%
XERS	C	-0.04%
FDMT	F	-0.04%
OABI	F	-0.04%
ARCT	F	-0.04%
SIGA	F	-0.04%
ALLO	F	-0.04%
TBPH	B	-0.04%
URGN	F	-0.04%
TSHA	C	-0.04%
MGTX	C	-0.04%
EYPT	D	-0.04%
YMAB	F	-0.04%
SVRA	F	-0.04%
PAHC	C	-0.04%
OLMA	F	-0.04%
RGNX	D	-0.04%
SANA	F	-0.04%
HCM	D	-0.04%
HUMA	F	-0.04%
GLPG	F	-0.04%
ACIU	D	-0.03%
LXRX	F	-0.03%
ALEC	F	-0.03%
VERV	F	-0.03%
PRME	F	-0.03%
KALV	F	-0.03%
TERN	F	-0.03%
RVNC	F	-0.03%
PACB	F	-0.03%
AMRN	F	-0.02%
FULC	F	-0.02%
EDIT	F	-0.02%
ZNTL	F	-0.02%
MGNX	F	-0.02%
ACRS	B	-0.02%
PGEN	F	-0.02%
BMEA	F	-0.02%
ATAI	C	-0.02%
LYEL	F	-0.02%
ITOS	F	-0.02%
VNDA	C	-0.02%
SAGE	F	-0.02%
VYGR	F	-0.02%
QURE	C	-0.02%
BLUE	F	-0.01%
ALXO	F	-0.01%
OVID	F	-0.01%
CHRS	D	-0.01%
VTYX	F	-0.01%
CABA	F	-0.01%
CRBU	D	-0.01%
RAPT	F	-0.0%