DWAS vs. FSMD ETF Comparison

Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to Fidelity Small-Mid Factor ETF (FSMD)

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

$88.22

Average Daily Volume

45,684

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

FSMD

Fidelity Small-Mid Factor ETF

FSMD Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Small-Mid Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Small-Mid Factor Index℠, which is designed to reflect the performance of stocks of small- and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market, as represented by the Fidelity U.S. Extended Investable Market Index℠.

Grade (RS Rating)

Last Trade

$38.65

Average Daily Volume

116,046

Number of Holdings ^*

571

* may have additional holdings in another (foreign) market

Performance

Period	DWAS	FSMD
30 Days	6.87%	7.06%
60 Days	1.36%	3.70%
90 Days	-0.84%	5.04%
12 Months	20.75%	22.86%

69 Overlapping Holdings

Symbol	Grade	Weight in DWAS	Weight in FSMD	Overlap
ADMA	B	0.91%	0.14%	0.14%
AGM	D	0.36%	0.12%	0.12%
ALG	D	0.58%	0.1%	0.1%
ALSN	D	0.37%	0.21%	0.21%
AMRX	B	0.46%	0.12%	0.12%
ANDE	F	0.35%	0.11%	0.11%
ANF	A	1.1%	0.22%	0.22%
ANIP	D	0.36%	0.12%	0.12%
APPF	C	0.41%	0.16%	0.16%
ARCB	F	0.45%	0.12%	0.12%
ASO	F	0.36%	0.15%	0.15%
BCC	D	0.5%	0.16%	0.16%
BMI	B	0.51%	0.2%	0.2%
BZH	F	0.36%	0.09%	0.09%
CACC	F	0.39%	0.14%	0.14%
CBZ	B	0.67%	0.16%	0.16%
COLL	D	0.37%	0.12%	0.12%
COOP	B	1.2%	0.21%	0.21%
CRVL	A	0.38%	0.13%	0.13%
CSWI	C	0.52%	0.15%	0.15%
CUBI	D	0.35%	0.11%	0.11%
DFH	F	0.33%	0.09%	0.09%
ENVA	C	0.39%	0.13%	0.13%
ESAB	C	0.39%	0.2%	0.2%
FELE	D	0.37%	0.15%	0.15%
FOR	D	0.35%	0.09%	0.09%
FSS	B	0.46%	0.17%	0.17%
GMS	D	0.52%	0.15%	0.15%
GOLF	C	0.38%	0.12%	0.12%
GPOR	C	0.37%	0.15%	0.15%
GRBK	C	0.64%	0.11%	0.11%
HWKN	B	0.41%	0.11%	0.11%
IBP	D	0.36%	0.2%	0.2%
ICFI	C	0.38%	0.13%	0.13%
IDYA	D	0.44%	0.13%	0.13%
IESC	C	0.68%	0.18%	0.18%
IRON	F	0.22%	0.04%	0.04%
JXN	B	0.44%	0.23%	0.23%
KAI	D	0.95%	0.13%	0.13%
KD	B	0.45%	0.2%	0.2%
KTB	A	0.43%	0.16%	0.16%
LSEA	F	0.3%	0.07%	0.07%
MATX	C	0.4%	0.14%	0.14%
MHO	C	0.37%	0.14%	0.14%
MLI	C	0.43%	0.21%	0.21%
MOG.A	C	0.42%	0.18%	0.18%
MTRN	D	0.31%	0.1%	0.1%
MYRG	D	0.47%	0.12%	0.12%
OFG	C	0.42%	0.13%	0.13%
PARR	F	0.29%	0.1%	0.1%
PLAB	C	0.4%	0.1%	0.1%
POWL	C	1.1%	0.13%	0.13%
ROAD	C	0.38%	0.12%	0.12%
RUSHA	D	0.36%	0.12%	0.12%
RYAN	B	0.35%	0.2%	0.2%
SFM	A	0.47%	0.25%	0.25%
SKT	D	0.41%	0.14%	0.14%
SKY	C	0.39%	0.17%	0.17%
SKYW	C	0.47%	0.16%	0.16%
SLVM	B	0.43%	0.14%	0.14%
STRL	C	1.62%	0.19%	0.19%
SUM	D	0.36%	0.16%	0.16%
SXC	D	0.36%	0.08%	0.08%
SXI	C	0.36%	0.12%	0.12%
UFPT	B	1.03%	0.16%	0.16%
USLM	C	0.46%	0.11%	0.11%
VCTR	B	0.52%	0.17%	0.17%
VRNS	D	0.35%	0.16%	0.16%
WIRE	C	0.55%	0.17%	0.17%

DWAS Overweight 113 Positions Relative to FSMD

Symbol	Grade	Weight
MOD	C	1.81%
TDW	C	1.72%
LFMD	D	1.42%
TRNS	A	1.34%
DFIN	B	1.18%
ALPN	A	1.17%
NUVL	D	1.16%
LMB	C	1.14%
VERA	D	0.99%
IMNM	F	0.98%
RRR	D	0.84%
RXST	C	0.82%
HRI	D	0.72%
PLAY	D	0.67%
ASPN	B	0.65%
SERA	D	0.65%
HRTG	D	0.64%
ATI	C	0.6%
USAP	B	0.57%
BYRN	D	0.57%
GTX	D	0.56%
CVNA	C	0.54%
EVER	C	0.52%
TPC	C	0.52%
AROC	B	0.49%
TREE	C	0.48%
AVAV	B	0.47%
GKOS	B	0.46%
GHM	C	0.46%
RNA	B	0.46%
MACK	C	0.45%
KRYS	D	0.45%
ZEUS	F	0.45%
SMHI	D	0.45%
ARQT	D	0.44%
CRAI	B	0.44%
ARLO	D	0.44%
GVA	B	0.43%
UTI	D	0.43%
MBIN	C	0.43%
VECO	B	0.43%
BGC	B	0.42%
RDNT	B	0.42%
VSEC	D	0.42%
TRAK	B	0.42%
LPX	B	0.42%
CRNX	B	0.42%
CLSK	D	0.42%
BECN	C	0.41%
AMSC	C	0.41%
FRPT	B	0.41%
BKD	C	0.41%
NRIX	C	0.41%
GFF	D	0.41%
RYI	F	0.41%
PIPR	A	0.41%
NBN	B	0.41%
HCI	D	0.4%
CMPR	D	0.4%
DXPE	D	0.4%
ORIC	F	0.4%
INBK	C	0.4%
GES	C	0.4%
ESQ	C	0.4%
SPRY	D	0.4%
CDLX	F	0.39%
MAX	D	0.39%
SILK	C	0.39%
LBRT	A	0.39%
MRUS	D	0.39%
EVH	F	0.39%
CHX	D	0.39%
ORN	C	0.38%
BSIG	B	0.38%
SGBX	D	0.38%
NR	B	0.37%
SPNT	B	0.37%
EZPW	D	0.37%
CELC	D	0.37%
VERX	C	0.37%
DYN	C	0.36%
KRUS	D	0.36%
PACK	D	0.36%
BLZE	F	0.36%
KYMR	D	0.36%
ACMR	D	0.35%
ACVA	C	0.35%
VVV	D	0.35%
AGO	D	0.35%
NPO	D	0.35%
KURA	C	0.35%
KROS	D	0.34%
LQDA	D	0.34%
MTRX	D	0.34%
SMID	D	0.33%
ARHS	C	0.33%
MDXG	C	0.33%
SOUN	F	0.32%
KOP	F	0.32%
PAY	D	0.32%
CDRE	F	0.32%
ANNX	F	0.31%
QUIK	F	0.31%
PCT	F	0.3%
FULC	F	0.3%
BWMN	D	0.3%
HEES	F	0.3%
APLT	F	0.28%
KOD	F	0.27%
OCUL	D	0.26%
AQST	F	0.23%
FATE	F	0.2%
LYRA	F	0.02%

DWAS Underweight 502 Positions Relative to FSMD

Symbol	Grade	Weight
EME	B	-0.44%
VKTX	D	-0.44%
PSTG	B	-0.37%
IBKR	A	-0.35%
RGA	A	-0.35%
FTI	C	-0.34%
TOL	B	-0.34%
TW	B	-0.33%
NVT	C	-0.33%
FIX	C	-0.33%
IP	B	-0.32%
TECH	C	-0.32%
WING	C	-0.32%
DKS	D	-0.32%
WRK	A	-0.32%
XPO	D	-0.32%
UTHR	A	-0.32%
FOXA	C	-0.31%
CRL	D	-0.31%
CASY	B	-0.31%
BLD	D	-0.31%
RBA	C	-0.31%
TTEK	A	-0.3%
BSY	A	-0.3%
NI	B	-0.3%
APP	C	-0.3%
WMS	C	-0.3%
TPL	C	-0.3%
RNR	C	-0.3%
JKHY	C	-0.3%
TXRH	B	-0.3%
EVRG	C	-0.3%
CHK	B	-0.29%
WWD	A	-0.29%
EMN	C	-0.29%
AMH	B	-0.29%
UDR	C	-0.29%
EWBC	B	-0.29%
DOCU	C	-0.28%
MEDP	D	-0.28%
CLH	B	-0.28%
ITT	A	-0.28%
CW	B	-0.28%
ERIE	C	-0.28%
CNM	B	-0.28%
ALLY	B	-0.28%
AOS	D	-0.27%
SCI	D	-0.27%
HRL	C	-0.27%
DUOL	F	-0.27%
ONTO	C	-0.27%
UNM	B	-0.27%
LAMR	B	-0.27%
EXAS	F	-0.27%
UHS	B	-0.27%
RPRX	F	-0.27%
EHC	C	-0.26%
AIZ	D	-0.26%
INCY	D	-0.26%
CACI	B	-0.26%
ALV	B	-0.26%
JNPR	D	-0.26%
TAP	F	-0.26%
ALLE	D	-0.26%
TPX	C	-0.25%
CHRD	C	-0.25%
DOX	F	-0.25%
BWA	C	-0.25%
FFIV	D	-0.25%
SKX	B	-0.25%
AFG	B	-0.25%
CRBG	C	-0.25%
ELAN	B	-0.25%
CHRW	C	-0.25%
REG	C	-0.25%
SWN	B	-0.25%
KBR	C	-0.25%
HSIC	C	-0.25%
ATR	C	-0.25%
TREX	D	-0.25%
LNW	D	-0.25%
SF	B	-0.25%
DINO	D	-0.25%
MUSA	B	-0.24%
CHE	F	-0.24%
TFX	D	-0.24%
DVA	B	-0.24%
BPMC	C	-0.24%
KNSL	F	-0.24%
PNW	B	-0.24%
DCI	C	-0.24%
GWRE	B	-0.24%
CCK	C	-0.24%
EXP	D	-0.24%
ORI	A	-0.24%
HII	D	-0.24%
JLL	B	-0.24%
CUBE	C	-0.24%
HAS	C	-0.24%
AYI	C	-0.23%
DTM	A	-0.23%
NYT	B	-0.23%
ETRN	B	-0.23%
WBS	D	-0.23%
BXP	C	-0.23%
VOYA	B	-0.23%
TTC	D	-0.23%
QRVO	F	-0.23%
RGEN	D	-0.23%
MUR	D	-0.23%
GNTX	D	-0.23%
MORN	D	-0.23%
GMED	B	-0.23%
CPB	C	-0.23%
MOS	F	-0.23%
ELF	D	-0.23%
SEIC	D	-0.22%
LNTH	C	-0.22%
ZION	B	-0.22%
MTH	B	-0.22%
OHI	C	-0.22%
EVR	A	-0.22%
PRI	D	-0.22%
FRT	C	-0.22%
HLI	C	-0.22%
INGR	B	-0.22%
BWXT	D	-0.22%
GPK	C	-0.22%
FCN	B	-0.22%
NNN	B	-0.22%
ACI	D	-0.22%
AXS	A	-0.21%
MTN	F	-0.21%
X	F	-0.21%
ENSG	D	-0.21%
TMHC	B	-0.21%
EGP	F	-0.21%
WTFC	B	-0.21%
OMF	C	-0.21%
MSA	B	-0.21%
UFPI	C	-0.21%
EXEL	F	-0.21%
OLED	C	-0.21%
RBC	A	-0.21%
HALO	B	-0.21%
MGY	C	-0.21%
HQY	D	-0.21%
SNX	A	-0.21%
BPOP	B	-0.21%
RL	D	-0.21%
BRKR	D	-0.21%
LEA	F	-0.21%
BFAM	D	-0.21%
MTCH	F	-0.21%
OSK	D	-0.21%
OGE	A	-0.21%
AIT	B	-0.21%
AXTA	C	-0.21%
RGLD	A	-0.21%
HRB	B	-0.21%
ESTC	C	-0.21%
BRBR	D	-0.21%
SPSC	C	-0.2%
MTG	C	-0.2%
RHI	F	-0.2%
ESNT	C	-0.2%
SIGI	F	-0.2%
IOT	B	-0.2%
KNX	F	-0.2%
LAD	F	-0.2%
RLI	A	-0.2%
MHK	C	-0.2%
GL	F	-0.2%
BRX	C	-0.2%
ARW	C	-0.2%
JAZZ	F	-0.2%
SAIC	C	-0.2%
FLS	B	-0.2%
FN	B	-0.2%
PATH	D	-0.2%
SSD	F	-0.2%
ATKR	F	-0.19%
AMG	D	-0.19%
OZK	C	-0.19%
LFUS	C	-0.19%
BERY	D	-0.19%
CMC	B	-0.19%
HAE	B	-0.19%
VNT	D	-0.19%
KBH	B	-0.19%
CRUS	B	-0.19%
STAG	C	-0.19%
AGCO	F	-0.19%
PBF	D	-0.19%
AIRC	A	-0.19%
AWI	D	-0.18%
AEO	D	-0.18%
FORM	B	-0.18%
OPCH	F	-0.18%
RDN	C	-0.18%
WU	D	-0.18%
NXST	C	-0.18%
PCVX	C	-0.18%
CNX	B	-0.18%
LBRDK	D	-0.18%
WTS	B	-0.18%
BC	F	-0.18%
WH	F	-0.18%
FR	F	-0.18%
LSTR	C	-0.18%
NFG	B	-0.18%
FNB	B	-0.18%
KRG	C	-0.17%
PLMR	B	-0.17%
AVT	B	-0.17%
EPRT	B	-0.17%
MMS	B	-0.17%
IDA	C	-0.17%
GPI	B	-0.17%
CVLT	B	-0.17%
COLB	C	-0.17%
ABG	C	-0.17%
HOG	D	-0.17%
SON	B	-0.17%
AN	C	-0.17%
MMSI	B	-0.17%
ESGR	B	-0.17%
STNG	A	-0.17%
THO	F	-0.17%
IONS	F	-0.17%
LOPE	C	-0.17%
AAON	D	-0.17%
LIVN	C	-0.17%
WMG	F	-0.17%
PCOR	D	-0.17%
NSIT	B	-0.17%
XRAY	F	-0.17%
OLLI	D	-0.17%
ACA	C	-0.16%
VIRT	B	-0.16%
ACIW	A	-0.16%
STRA	C	-0.16%
INSW	B	-0.16%
DLB	C	-0.16%
DBX	D	-0.16%
ZWS	C	-0.16%
BCO	B	-0.16%
BCPC	B	-0.16%
TENB	F	-0.16%
IBOC	B	-0.16%
CRC	F	-0.16%
WLK	B	-0.16%
PBH	D	-0.16%
COKE	C	-0.16%
VRRM	B	-0.16%
ASGN	C	-0.16%
ATGE	B	-0.16%
POR	C	-0.16%
ESI	D	-0.16%
ITGR	C	-0.16%
TPH	B	-0.16%
RMBS	F	-0.16%
HLNE	C	-0.16%
CORT	C	-0.15%
OGS	C	-0.15%
CVCO	D	-0.15%
LAUR	B	-0.15%
AMED	C	-0.15%
OTTR	C	-0.15%
ALE	B	-0.15%
CNO	A	-0.15%
MGEE	B	-0.15%
GNW	B	-0.15%
CTRE	C	-0.15%
TNL	D	-0.15%
CUZ	C	-0.15%
ALKS	F	-0.15%
AXNX	D	-0.15%
FULT	B	-0.15%
REX	C	-0.15%
NHI	B	-0.15%
PHIN	B	-0.15%
LRN	C	-0.15%
BKH	C	-0.15%
ALTR	B	-0.15%
AX	B	-0.15%
UMBF	B	-0.15%
SMAR	C	-0.15%
FBP	C	-0.15%
QLYS	F	-0.15%
TRNO	F	-0.15%
BDC	C	-0.15%
MPW	C	-0.15%
SATS	C	-0.14%
VSTO	C	-0.14%
EPR	C	-0.14%
PAG	C	-0.14%
GHC	B	-0.14%
ASC	B	-0.14%
VCEL	C	-0.14%
VNO	F	-0.14%
DORM	D	-0.14%
BOX	D	-0.14%
AVA	C	-0.14%
PATK	D	-0.14%
PRDO	C	-0.14%
LPG	C	-0.14%
ADUS	B	-0.14%
BXMT	F	-0.14%
DIOD	C	-0.14%
KRC	C	-0.14%
WEN	F	-0.14%
LMAT	B	-0.14%
ALRM	D	-0.14%
TEX	C	-0.14%
ENS	C	-0.14%
MSM	F	-0.14%
SANM	B	-0.14%
APAM	B	-0.14%
SNEX	C	-0.14%
NMIH	A	-0.14%
HIW	C	-0.14%
FTDR	C	-0.14%
FUL	B	-0.14%
PSN	D	-0.14%
MTX	B	-0.13%
DEI	C	-0.13%
ACLS	D	-0.13%
BLKB	C	-0.13%
JJSF	C	-0.13%
USPH	C	-0.13%
CENTA	B	-0.13%
SLP	B	-0.13%
YELP	F	-0.13%
BNL	C	-0.13%
IOSP	B	-0.13%
DOCS	D	-0.13%
WDFC	D	-0.13%
HCC	C	-0.13%
URBN	C	-0.13%
ESE	C	-0.13%
CEIX	D	-0.13%
SUPN	D	-0.13%
CWEN	C	-0.13%
CATY	C	-0.13%
TNK	B	-0.13%
CHH	F	-0.13%
SHOO	C	-0.13%
NEU	D	-0.13%
PLXS	B	-0.13%
LCII	D	-0.13%
SKWD	C	-0.13%
AMKR	C	-0.13%
VLY	D	-0.13%
DXC	F	-0.13%
TGNA	C	-0.13%
NSP	F	-0.13%
BYD	F	-0.13%
FCF	C	-0.12%
CCS	D	-0.12%
ARDX	C	-0.12%
LTC	B	-0.12%
ACT	B	-0.12%
WOR	D	-0.12%
DDS	C	-0.12%
GEO	D	-0.12%
CARG	C	-0.12%
WABC	C	-0.12%
TNC	D	-0.12%
HUBG	C	-0.12%
CPRX	C	-0.12%
FIVN	F	-0.12%
IDCC	C	-0.12%
CRI	F	-0.12%
HNI	B	-0.12%
PINC	F	-0.12%
CHCO	C	-0.12%
PFBC	B	-0.12%
CASH	C	-0.12%
AZZ	C	-0.12%
PGNY	F	-0.12%
BTU	F	-0.12%
EQC	C	-0.12%
CALM	D	-0.12%
BL	D	-0.12%
ASTH	D	-0.12%
AGX	C	-0.12%
CCOI	F	-0.12%
VSH	C	-0.12%
TNET	F	-0.12%
BRC	C	-0.12%
EVTC	F	-0.12%
PLTK	C	-0.11%
OSBC	C	-0.11%
TDC	F	-0.11%
OMCL	D	-0.11%
NAVI	F	-0.11%
BKE	D	-0.11%
DAKT	C	-0.11%
CWAN	C	-0.11%
CTBI	B	-0.11%
LZB	C	-0.11%
CXW	D	-0.11%
QCRH	C	-0.11%
AMN	F	-0.11%
OSIS	C	-0.11%
OSG	B	-0.11%
KNSA	C	-0.11%
NEOG	F	-0.11%
WGO	F	-0.11%
PEBO	C	-0.11%
ARCH	D	-0.11%
MGRC	D	-0.11%
PLUS	B	-0.11%
AMR	F	-0.11%
CLW	A	-0.11%
MLR	B	-0.11%
HELE	D	-0.11%
NWLI	C	-0.11%
NHC	B	-0.11%
ZD	F	-0.11%
THFF	C	-0.1%
SCS	C	-0.1%
PDM	C	-0.1%
GIII	D	-0.1%
BFST	C	-0.1%
IRMD	D	-0.1%
ETD	F	-0.1%
OEC	C	-0.1%
HAFC	C	-0.1%
GEF	F	-0.1%
TK	B	-0.1%
AMAL	C	-0.1%
AMPH	D	-0.1%
WRLD	D	-0.1%
KELYA	D	-0.1%
FIZZ	D	-0.1%
BDN	C	-0.1%
CVI	F	-0.1%
DEA	C	-0.1%
NYCB	D	-0.1%
AMWD	C	-0.1%
SCHL	D	-0.1%
WINA	D	-0.1%
INVA	C	-0.1%
TBBK	D	-0.1%
VGR	C	-0.1%
ACLX	D	-0.1%
PRGS	F	-0.1%
IBCP	B	-0.1%
HSTM	C	-0.1%
CASS	D	-0.1%
ROCK	D	-0.1%
SRCE	C	-0.1%
NCNO	D	-0.1%
ODC	B	-0.1%
EBF	C	-0.09%
WS	D	-0.09%
GRC	F	-0.09%
SIRI	F	-0.09%
IMKTA	D	-0.09%
HURN	F	-0.09%
INFA	D	-0.09%
JBI	D	-0.09%
MSBI	D	-0.09%
KFRC	F	-0.09%
JBSS	D	-0.09%
MCB	C	-0.09%
GSHD	F	-0.09%
UVV	C	-0.09%
PETQ	C	-0.09%
RAMP	F	-0.09%
ACAD	F	-0.09%
BELFB	C	-0.08%
OABI	F	-0.08%
RMR	C	-0.08%
NRC	F	-0.08%
HCKT	F	-0.08%
CCRN	F	-0.08%
HVT	F	-0.08%
SWI	B	-0.08%
CWCO	D	-0.08%
DV	F	-0.08%
HE	D	-0.08%
KREF	D	-0.08%
USM	C	-0.08%
PLPC	D	-0.08%
CNXN	B	-0.08%
SPOK	D	-0.08%
FRSH	F	-0.08%
IART	F	-0.08%
MITK	D	-0.08%
GNE	F	-0.07%
HNRG	D	-0.07%
GIC	F	-0.07%
IRWD	F	-0.07%
OSUR	F	-0.07%
AMCX	C	-0.07%
QTRX	F	-0.07%
RCMT	D	-0.05%
MED	F	-0.04%
SMLR	F	-0.04%