DWAS vs. IFRA ETF Comparison

Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to iShares U.S. Infrastructure ETF (IFRA)

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

$87.47

Average Daily Volume

49,413

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.14

Average Daily Volume

249,878

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

Performance

Period	DWAS	IFRA
30 Days	2.02%	5.07%
60 Days	-0.01%	7.54%
90 Days	1.92%	14.67%
12 Months	22.09%	21.69%

19 Overlapping Holdings

Symbol	Grade	Weight in DWAS	Weight in IFRA	Overlap
ATI	B	0.6%	0.6%	0.6%
BCC	D	0.5%	0.5%	0.5%
BWMN	F	0.3%	0.48%	0.3%
GVA	A	0.43%	0.58%	0.43%
HEES	F	0.3%	0.41%	0.3%
HWKN	B	0.41%	0.56%	0.41%
KOP	F	0.32%	0.42%	0.32%
LMB	B	1.14%	0.45%	0.45%
LPX	A	0.42%	0.5%	0.42%
MLI	B	0.43%	0.56%	0.43%
MTRX	D	0.34%	0.5%	0.34%
MYRG	D	0.47%	0.44%	0.44%
ROAD	C	0.38%	0.54%	0.38%
RYI	F	0.41%	0.36%	0.36%
STRL	B	1.62%	0.46%	0.46%
SUM	D	0.36%	0.47%	0.36%
TPC	B	0.52%	0.77%	0.52%
USLM	B	0.46%	0.68%	0.46%
ZEUS	F	0.45%	0.43%	0.43%

DWAS Overweight 163 Positions Relative to IFRA

Symbol	Grade	Weight
MOD	B	1.81%
TDW	B	1.72%
LFMD	D	1.42%
TRNS	A	1.34%
COOP	B	1.2%
DFIN	C	1.18%
ALPN	A	1.17%
NUVL	D	1.16%
ANF	B	1.1%
POWL	C	1.1%
UFPT	B	1.03%
VERA	C	0.99%
IMNM	D	0.98%
KAI	D	0.95%
ADMA	B	0.91%
RRR	D	0.84%
RXST	C	0.82%
HRI	D	0.72%
IESC	B	0.68%
CBZ	C	0.67%
PLAY	D	0.67%
ASPN	A	0.65%
SERA	D	0.65%
HRTG	D	0.64%
GRBK	D	0.64%
ALG	D	0.58%
USAP	B	0.57%
BYRN	C	0.57%
GTX	D	0.56%
WIRE	C	0.55%
CVNA	B	0.54%
CSWI	C	0.52%
VCTR	C	0.52%
GMS	C	0.52%
EVER	B	0.52%
BMI	B	0.51%
AROC	C	0.49%
TREE	C	0.48%
AVAV	B	0.47%
SKYW	B	0.47%
SFM	A	0.47%
GKOS	B	0.46%
GHM	C	0.46%
FSS	B	0.46%
AMRX	B	0.46%
RNA	B	0.46%
MACK	B	0.45%
KRYS	D	0.45%
SMHI	D	0.45%
KD	B	0.45%
ARCB	D	0.45%
ARQT	D	0.44%
CRAI	A	0.44%
IDYA	D	0.44%
ARLO	C	0.44%
JXN	B	0.44%
UTI	C	0.43%
SLVM	A	0.43%
KTB	A	0.43%
MBIN	B	0.43%
VECO	B	0.43%
BGC	B	0.42%
RDNT	A	0.42%
VSEC	C	0.42%
TRAK	B	0.42%
MOG.A	B	0.42%
CRNX	B	0.42%
CLSK	D	0.42%
OFG	B	0.42%
BECN	C	0.41%
SKT	D	0.41%
AMSC	B	0.41%
FRPT	B	0.41%
APPF	B	0.41%
BKD	C	0.41%
NRIX	D	0.41%
GFF	D	0.41%
PIPR	B	0.41%
NBN	B	0.41%
PLAB	B	0.4%
HCI	D	0.4%
CMPR	D	0.4%
DXPE	C	0.4%
ORIC	F	0.4%
INBK	D	0.4%
GES	B	0.4%
MATX	B	0.4%
ESQ	C	0.4%
SPRY	C	0.4%
CACC	D	0.39%
CDLX	D	0.39%
ENVA	B	0.39%
MAX	D	0.39%
SILK	C	0.39%
LBRT	B	0.39%
SKY	D	0.39%
MRUS	C	0.39%
EVH	F	0.39%
ESAB	B	0.39%
CHX	D	0.39%
ORN	C	0.38%
BSIG	D	0.38%
GOLF	D	0.38%
ICFI	C	0.38%
SGBX	D	0.38%
CRVL	A	0.38%
ALSN	D	0.37%
NR	C	0.37%
SPNT	C	0.37%
GPOR	D	0.37%
EZPW	D	0.37%
FELE	D	0.37%
MHO	C	0.37%
CELC	D	0.37%
VERX	C	0.37%
COLL	D	0.37%
DYN	C	0.36%
BZH	D	0.36%
KRUS	D	0.36%
ASO	F	0.36%
AGM	D	0.36%
SXC	D	0.36%
PACK	D	0.36%
ANIP	C	0.36%
RUSHA	D	0.36%
SXI	C	0.36%
BLZE	F	0.36%
IBP	D	0.36%
KYMR	C	0.36%
ACMR	D	0.35%
VRNS	D	0.35%
RYAN	C	0.35%
ACVA	D	0.35%
VVV	D	0.35%
AGO	D	0.35%
CUBI	D	0.35%
FOR	D	0.35%
NPO	D	0.35%
KURA	C	0.35%
ANDE	F	0.35%
KROS	D	0.34%
LQDA	D	0.34%
SMID	D	0.33%
DFH	D	0.33%
ARHS	C	0.33%
MDXG	B	0.33%
SOUN	C	0.32%
PAY	D	0.32%
CDRE	F	0.32%
ANNX	D	0.31%
QUIK	D	0.31%
MTRN	D	0.31%
LSEA	F	0.3%
PCT	F	0.3%
FULC	D	0.3%
PARR	F	0.29%
APLT	D	0.28%
KOD	D	0.27%
OCUL	D	0.26%
AQST	D	0.23%
IRON	F	0.22%
FATE	D	0.2%
LYRA	F	0.02%

DWAS Underweight 135 Positions Relative to IFRA

Symbol	Grade	Weight
VST	B	-1.03%
NRG	B	-0.93%
ETRN	C	-0.88%
MGEE	A	-0.87%
NEE	A	-0.87%
AGR	A	-0.81%
CENX	B	-0.81%
CRS	B	-0.8%
CEG	B	-0.79%
D	A	-0.79%
PEG	A	-0.78%
SO	A	-0.78%
ALE	B	-0.78%
OGS	C	-0.76%
EVRG	B	-0.76%
DUK	A	-0.76%
IDA	B	-0.76%
CWT	B	-0.76%
AVA	B	-0.76%
PNW	B	-0.76%
EIX	A	-0.75%
DTM	A	-0.75%
POR	B	-0.75%
NI	A	-0.75%
XEL	C	-0.75%
ED	A	-0.75%
OGE	A	-0.74%
CPK	B	-0.74%
CNP	B	-0.74%
PPL	A	-0.74%
FE	A	-0.74%
ETR	A	-0.74%
AWK	B	-0.74%
KNTK	B	-0.74%
ARTNA	C	-0.74%
WTRG	B	-0.74%
BKH	B	-0.74%
PCG	B	-0.73%
ATO	C	-0.73%
CMS	A	-0.73%
WEC	B	-0.73%
WMB	A	-0.73%
KMI	A	-0.73%
NWE	B	-0.73%
LNT	B	-0.73%
AEP	A	-0.72%
DTE	A	-0.72%
SRE	A	-0.72%
NWN	B	-0.72%
AM	A	-0.72%
EXC	B	-0.72%
ES	B	-0.71%
OKE	A	-0.71%
SR	B	-0.71%
YORW	B	-0.71%
MSEX	C	-0.71%
AEE	B	-0.71%
UTL	B	-0.7%
AWR	B	-0.7%
PNM	C	-0.7%
ENLC	C	-0.69%
SJW	C	-0.68%
SLCA	B	-0.68%
KALU	A	-0.67%
AGX	A	-0.66%
UNP	C	-0.65%
NSC	D	-0.63%
TRN	A	-0.62%
PRIM	B	-0.61%
CSX	D	-0.61%
MTZ	B	-0.61%
TTEK	B	-0.6%
HE	D	-0.6%
LXFR	C	-0.6%
NGVT	B	-0.6%
OC	A	-0.59%
MDU	A	-0.59%
VMI	B	-0.59%
LXU	B	-0.59%
AESI	B	-0.58%
EME	B	-0.58%
CSL	A	-0.58%
APOG	A	-0.57%
EMN	A	-0.57%
NWPX	B	-0.56%
WLK	B	-0.56%
ECVT	F	-0.55%
SWX	A	-0.55%
ACM	D	-0.54%
KNF	C	-0.54%
FLR	D	-0.54%
PWR	B	-0.54%
MATV	C	-0.53%
CMC	B	-0.53%
NFE	F	-0.53%
STLD	D	-0.52%
WMS	B	-0.52%
EXP	A	-0.52%
MTUS	C	-0.52%
OSK	C	-0.52%
TEX	C	-0.52%
GBX	B	-0.51%
HAYN	D	-0.51%
LYB	C	-0.51%
FIX	B	-0.51%
MLM	C	-0.51%
J	D	-0.51%
ALTG	F	-0.51%
TREX	D	-0.5%
BLDR	D	-0.5%
BLD	D	-0.5%
OLN	D	-0.5%
APG	D	-0.5%
VMC	B	-0.5%
AWI	D	-0.49%
OFLX	F	-0.49%
WOR	D	-0.48%
URI	C	-0.48%
AZEK	D	-0.48%
NVEE	D	-0.47%
ROCK	D	-0.47%
POOL	D	-0.46%
RS	D	-0.46%
IIIN	D	-0.46%
NUE	D	-0.46%
NVRI	D	-0.45%
SSD	D	-0.44%
CLF	D	-0.43%
ASTE	F	-0.41%
ASIX	F	-0.41%
BXC	D	-0.4%
GLDD	C	-0.39%
X	F	-0.39%
XPEL	F	-0.31%
CMP	F	-0.28%