DWAS vs. VFMF ETF Comparison

Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to Vanguard U.S. Multifactor ETF (VFMF)

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

$83.32

Average Daily Volume

58,690

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$121.38

Average Daily Volume

8,820

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	DWAS	VFMF
30 Days	-6.31%	-2.59%
60 Days	-5.38%	1.90%
90 Days	0.37%	4.45%
12 Months	19.66%	28.65%

51 Overlapping Holdings

Symbol	Grade	Weight in DWAS	Weight in VFMF	Overlap
AGM	B	0.37%	0.12%	0.12%
AGO	D	0.35%	0.08%	0.08%
ALSN	A	0.41%	0.37%	0.37%
AMRX	B	0.4%	0.2%	0.2%
ANF	C	1.01%	0.1%	0.1%
ARCB	B	0.62%	0.12%	0.12%
ASO	C	0.39%	0.38%	0.38%
BCC	D	0.59%	0.37%	0.37%
BECN	A	0.44%	0.1%	0.1%
BZH	D	0.35%	0.18%	0.18%
CACC	D	0.4%	0.25%	0.25%
CHX	B	0.45%	0.2%	0.2%
COLL	C	0.36%	0.16%	0.16%
COOP	A	1.15%	0.21%	0.21%
CRVL	C	0.38%	0.09%	0.09%
DFH	D	0.42%	0.15%	0.15%
FELE	B	0.38%	0.05%	0.05%
FOR	D	0.4%	0.14%	0.14%
GES	A	0.43%	0.1%	0.1%
GFF	C	0.39%	0.34%	0.34%
GMS	C	0.55%	0.3%	0.3%
GOLF	D	0.38%	0.05%	0.05%
GPOR	A	0.38%	0.16%	0.16%
GRBK	C	0.65%	0.15%	0.15%
HEES	D	0.4%	0.05%	0.05%
HWKN	A	0.42%	0.14%	0.14%
KD	C	0.36%	0.2%	0.2%
LBRT	A	0.41%	0.23%	0.23%
MATX	C	0.41%	0.12%	0.12%
MHO	C	0.36%	0.47%	0.36%
MLI	A	0.39%	0.41%	0.39%
MOD	B	1.63%	0.33%	0.33%
MOG.A	A	0.4%	0.17%	0.17%
MYRG	B	0.52%	0.09%	0.09%
NR	A	0.39%	0.13%	0.13%
OFG	B	0.39%	0.52%	0.39%
PARR	D	0.35%	0.22%	0.22%
PLAB	C	0.38%	0.48%	0.38%
POWL	C	0.92%	0.07%	0.07%
RUSHA	D	0.41%	0.11%	0.11%
SFM	A	0.41%	0.06%	0.06%
SKY	D	0.4%	0.04%	0.04%
SKYW	A	0.42%	0.13%	0.13%
STRL	C	1.34%	0.25%	0.25%
SXC	C	0.38%	0.22%	0.22%
SXI	C	0.37%	0.05%	0.05%
TDW	A	1.56%	0.03%	0.03%
TPC	A	0.4%	0.04%	0.04%
VCTR	A	0.44%	0.15%	0.15%
WIRE	A	0.59%	0.22%	0.22%
ZEUS	C	0.61%	0.18%	0.18%

DWAS Overweight 131 Positions Relative to VFMF

Symbol	Grade	Weight
TRNS	A	1.33%
IMNM	D	1.22%
ALPN	A	1.21%
DFIN	B	1.19%
NUVL	C	1.17%
LFMD	A	1.15%
VERA	D	1.06%
RRR	A	1.05%
KAI	D	1.01%
UFPT	D	0.97%
LMB	C	0.96%
ADMA	A	0.83%
HRI	C	0.78%
RXST	B	0.75%
HRTG	A	0.75%
SERA	A	0.73%
PLAY	D	0.72%
CBZ	B	0.69%
ALG	D	0.67%
BYRN	B	0.62%
RYI	F	0.62%
ARQT	D	0.57%
GTX	B	0.57%
ATI	A	0.53%
CSWI	A	0.51%
KRYS	B	0.5%
AROC	A	0.5%
GHM	B	0.48%
IESC	A	0.48%
FSS	A	0.47%
USAP	A	0.47%
NRIX	B	0.47%
SMHI	D	0.47%
IDYA	D	0.46%
CMPR	D	0.45%
MACK	B	0.45%
EVH	F	0.45%
EVER	B	0.44%
RNA	B	0.44%
TRAK	A	0.43%
SPRY	D	0.43%
GKOS	A	0.43%
BMI	A	0.42%
RDNT	A	0.41%
ANDE	A	0.41%
VECO	C	0.41%
ROAD	B	0.41%
ORIC	F	0.41%
KOP	B	0.41%
HCI	A	0.4%
DXPE	B	0.4%
CELC	D	0.4%
ACMR	B	0.4%
NBN	C	0.4%
JXN	A	0.4%
CRAI	A	0.4%
ESAB	A	0.4%
EZPW	A	0.4%
SKT	B	0.4%
ASPN	C	0.39%
IBP	C	0.39%
ARHS	B	0.39%
ENVA	B	0.39%
LQDA	D	0.39%
UTI	C	0.39%
MAX	D	0.39%
INBK	D	0.39%
AVAV	A	0.39%
KRUS	B	0.39%
VERX	B	0.39%
NPO	D	0.39%
ORN	D	0.39%
GVA	A	0.39%
CLSK	B	0.39%
BSIG	A	0.39%
VSEC	A	0.39%
SMID	D	0.38%
CRNX	B	0.38%
ANNX	D	0.38%
AMSC	D	0.38%
FRPT	D	0.38%
ESQ	D	0.38%
PIPR	B	0.38%
ANIP	B	0.38%
USLM	A	0.38%
SILK	B	0.38%
SLVM	A	0.38%
BKD	A	0.38%
ICFI	C	0.37%
DYN	D	0.37%
OCUL	F	0.37%
TREE	C	0.37%
BGC	B	0.37%
MTRX	C	0.37%
SUM	C	0.37%
PACK	A	0.37%
MTRN	D	0.37%
LPX	C	0.37%
CDRE	D	0.37%
APPF	C	0.37%
ACVA	B	0.36%
CUBI	C	0.36%
MRUS	C	0.36%
KTB	B	0.36%
VVV	C	0.36%
CDLX	B	0.36%
SGBX	F	0.36%
LSEA	D	0.36%
MBIN	C	0.36%
SPNT	C	0.36%
PCT	F	0.35%
BLZE	D	0.35%
KROS	D	0.35%
ARLO	B	0.35%
KYMR	D	0.34%
LYRA	D	0.34%
KURA	C	0.34%
VRNS	C	0.34%
CVNA	B	0.34%
RYAN	D	0.34%
PAY	B	0.33%
APLT	D	0.32%
QUIK	C	0.32%
FATE	F	0.32%
MDXG	F	0.31%
AQST	D	0.3%
BWMN	C	0.3%
FULC	D	0.3%
KOD	F	0.28%
SOUN	D	0.27%
IRON	F	0.24%

DWAS Underweight 448 Positions Relative to VFMF

Symbol	Grade	Weight
MCK	A	-1.21%
AFL	B	-1.12%
PHM	B	-1.07%
MCHP	B	-1.03%
MPC	B	-0.99%
CSCO	D	-0.93%
GOOG	A	-0.86%
AVGO	C	-0.83%
META	D	-0.82%
TMHC	C	-0.8%
AMAT	C	-0.8%
BKNG	C	-0.77%
HCA	C	-0.77%
AIG	B	-0.72%
MO	A	-0.7%
GILD	F	-0.69%
EOG	A	-0.68%
CVX	A	-0.67%
NUE	D	-0.67%
XOM	A	-0.66%
BLDR	C	-0.66%
VLO	B	-0.66%
LRCX	D	-0.66%
PANW	C	-0.64%
COP	A	-0.64%
OMF	A	-0.61%
ORCL	D	-0.59%
REGN	D	-0.58%
GOOGL	A	-0.57%
VRTX	C	-0.56%
MTG	C	-0.56%
PSX	B	-0.55%
JPM	B	-0.52%
PVH	C	-0.52%
HUM	F	-0.51%
KLAC	C	-0.49%
CAT	B	-0.49%
CDNS	D	-0.48%
AZO	D	-0.48%
ADBE	D	-0.48%
ORI	A	-0.47%
OXY	A	-0.47%
WMT	A	-0.47%
PM	A	-0.46%
TJX	C	-0.45%
BPOP	A	-0.44%
ABNB	B	-0.43%
ORLY	D	-0.43%
JBL	F	-0.42%
CBOE	C	-0.41%
CMCSA	F	-0.4%
KMB	A	-0.4%
CI	A	-0.4%
CAH	D	-0.4%
ABBV	C	-0.39%
RDN	C	-0.38%
UFPI	D	-0.38%
PRI	C	-0.38%
LNG	B	-0.38%
CRM	D	-0.37%
ELV	A	-0.37%
HIG	A	-0.36%
ON	D	-0.36%
LEN	D	-0.36%
MRK	A	-0.36%
MSM	D	-0.35%
SIG	B	-0.33%
ATKR	A	-0.33%
OC	A	-0.32%
MTH	B	-0.32%
LULU	D	-0.32%
FBP	A	-0.32%
CNO	C	-0.32%
NMIH	B	-0.31%
ACT	A	-0.31%
THO	D	-0.31%
AXP	A	-0.3%
AMKR	C	-0.3%
KR	A	-0.29%
AAL	C	-0.29%
UNM	B	-0.29%
IBOC	A	-0.29%
AAPL	F	-0.28%
DHI	D	-0.28%
GNW	D	-0.28%
JELD	B	-0.28%
WFC	A	-0.28%
HRB	D	-0.28%
XPO	D	-0.28%
TEX	B	-0.27%
AMWD	D	-0.27%
QCOM	C	-0.27%
CEIX	B	-0.27%
BK	A	-0.27%
NVDA	D	-0.26%
FDX	B	-0.26%
FNF	C	-0.26%
SYF	A	-0.25%
PRDO	B	-0.25%
COHU	D	-0.25%
WFRD	A	-0.25%
CHRD	A	-0.25%
DIOD	B	-0.24%
CARR	A	-0.24%
NWS	D	-0.24%
DECK	D	-0.24%
BLD	D	-0.24%
URI	B	-0.24%
CTRA	A	-0.24%
GE	A	-0.24%
VGR	D	-0.24%
NVR	B	-0.24%
EAT	B	-0.23%
SCHL	D	-0.23%
ANET	C	-0.23%
TK	C	-0.23%
RS	D	-0.22%
EIG	C	-0.22%
CVCO	C	-0.22%
MTW	F	-0.22%
PFSI	B	-0.22%
HCC	A	-0.22%
ESGR	C	-0.22%
HPQ	D	-0.22%
YETI	F	-0.22%
R	A	-0.22%
AYI	C	-0.22%
SCS	D	-0.22%
CASH	B	-0.22%
WRB	D	-0.21%
LEN	D	-0.21%
FTI	A	-0.21%
BELFB	B	-0.21%
SNPS	C	-0.21%
WSM	B	-0.21%
IMKTA	F	-0.21%
APO	B	-0.21%
DOX	D	-0.21%
CRC	A	-0.21%
TNK	A	-0.21%
INSW	A	-0.21%
JEF	B	-0.21%
CPRX	D	-0.2%
WMK	B	-0.2%
THFF	B	-0.2%
STNG	A	-0.2%
FANG	A	-0.2%
OLN	D	-0.2%
CF	C	-0.2%
GIII	C	-0.2%
SNA	D	-0.2%
ACN	D	-0.19%
SAIA	D	-0.19%
RES	D	-0.19%
DKS	A	-0.19%
RL	C	-0.19%
ETD	D	-0.19%
PBF	A	-0.19%
EME	A	-0.19%
MBUU	F	-0.19%
STLD	B	-0.19%
ENS	D	-0.19%
OZK	A	-0.19%
PFGC	D	-0.18%
VNT	C	-0.18%
ROCK	D	-0.18%
BMY	F	-0.18%
PFBC	A	-0.18%
AIT	D	-0.18%
EXPE	B	-0.18%
NSIT	C	-0.18%
ARW	A	-0.18%
FLWS	C	-0.18%
RRC	A	-0.18%
OSUR	F	-0.18%
SLM	A	-0.17%
WNC	D	-0.17%
HP	B	-0.17%
FIX	A	-0.17%
COKE	C	-0.17%
MCFT	F	-0.17%
MTDR	A	-0.17%
TPH	B	-0.17%
RAMP	F	-0.17%
CHCO	A	-0.17%
DINO	C	-0.17%
SSD	D	-0.17%
PCAR	D	-0.17%
TNET	B	-0.17%
PATK	D	-0.17%
KELYA	C	-0.16%
MUR	A	-0.16%
URBN	C	-0.16%
AAN	D	-0.16%
WGO	D	-0.16%
BDC	D	-0.16%
CTSH	D	-0.16%
KBH	C	-0.16%
BYD	D	-0.16%
CARS	D	-0.16%
AN	A	-0.16%
TPX	C	-0.16%
SWN	A	-0.15%
ODP	C	-0.15%
AX	B	-0.15%
WAFD	B	-0.15%
SPTN	F	-0.15%
SNDR	F	-0.15%
NAVI	D	-0.15%
CIVI	A	-0.15%
CVI	D	-0.15%
NAT	D	-0.15%
TPR	D	-0.15%
NTB	A	-0.15%
ASC	B	-0.15%
LRN	B	-0.15%
HUBG	D	-0.15%
PFG	C	-0.15%
JOE	A	-0.15%
CHTR	F	-0.15%
CNC	C	-0.14%
SWKS	C	-0.14%
QCRH	B	-0.14%
LYB	C	-0.14%
PUMP	B	-0.14%
HUBB	A	-0.14%
OXM	A	-0.14%
PR	A	-0.14%
WLK	B	-0.14%
IIIN	D	-0.14%
ACLS	F	-0.14%
WEX	B	-0.14%
NMRK	D	-0.14%
AGCO	B	-0.14%
STT	B	-0.14%
MUSA	A	-0.14%
FICO	C	-0.13%
MEDP	C	-0.13%
WTM	B	-0.13%
GPC	A	-0.13%
RGP	F	-0.13%
EQH	A	-0.13%
DFS	A	-0.13%
CALM	B	-0.13%
BBW	A	-0.13%
DNOW	A	-0.13%
MRTN	D	-0.13%
CMC	D	-0.13%
DAKT	A	-0.13%
LSTR	D	-0.13%
ARCH	B	-0.13%
EVR	C	-0.12%
SANM	B	-0.12%
KNTK	A	-0.12%
EQT	A	-0.12%
RCL	A	-0.12%
HAE	A	-0.12%
NOG	A	-0.12%
MLKN	C	-0.12%
NXST	D	-0.12%
DHT	A	-0.12%
STBA	B	-0.12%
HVT	C	-0.12%
GL	D	-0.11%
AXL	B	-0.11%
PH	A	-0.11%
DLX	B	-0.11%
BKR	A	-0.11%
WOR	D	-0.11%
MOV	D	-0.11%
SFL	B	-0.11%
NX	D	-0.11%
ADNT	D	-0.11%
DAN	D	-0.11%
PETQ	D	-0.11%
KLIC	D	-0.11%
ABG	B	-0.11%
AEO	C	-0.11%
TAP	D	-0.11%
WTTR	A	-0.11%
COST	C	-0.11%
LKQ	F	-0.11%
HLX	A	-0.1%
REX	A	-0.1%
LPG	A	-0.1%
CRBG	B	-0.1%
CVLT	C	-0.1%
BOOM	F	-0.1%
ATGE	D	-0.1%
BOKF	A	-0.1%
NTAP	A	-0.1%
MCRI	D	-0.1%
LNTH	B	-0.1%
VSH	C	-0.1%
PTEN	F	-0.1%
EXP	C	-0.1%
OMI	D	-0.1%
SAIC	C	-0.09%
MATW	D	-0.09%
PSMT	C	-0.09%
CCS	D	-0.09%
OIS	F	-0.09%
LZB	D	-0.09%
CATY	F	-0.09%
CAL	C	-0.09%
APOG	A	-0.09%
BBWI	C	-0.09%
JBSS	C	-0.09%
SM	A	-0.09%
EXTR	F	-0.09%
PLPC	D	-0.08%
MOS	F	-0.08%
AIR	A	-0.08%
CPF	A	-0.08%
SD	A	-0.08%
ASIX	F	-0.08%
AMAL	B	-0.08%
CNA	C	-0.08%
GPS	D	-0.08%
HOV	C	-0.08%
WDAY	D	-0.08%
HELE	F	-0.08%
BWA	B	-0.08%
DBX	D	-0.08%
LPLA	B	-0.08%
SBSI	D	-0.07%
LYTS	B	-0.07%
GNK	A	-0.07%
MITK	B	-0.07%
DOLE	A	-0.07%
CCRN	D	-0.07%
DDS	B	-0.07%
EPM	D	-0.07%
JACK	F	-0.07%
CBT	A	-0.07%
AMZN	B	-0.07%
AMP	C	-0.07%
CSL	A	-0.07%
ELF	C	-0.07%
APG	B	-0.07%
THR	A	-0.07%
SLCA	A	-0.07%
WCC	D	-0.07%
BKE	D	-0.07%
GEF	D	-0.07%
BC	D	-0.07%
BBSI	A	-0.07%
TNC	A	-0.06%
SRCE	B	-0.06%
CACI	A	-0.06%
ATEN	B	-0.06%
M	D	-0.06%
TCBI	D	-0.06%
KFRC	D	-0.06%
STRA	A	-0.06%
BBY	D	-0.06%
LOW	C	-0.06%
KN	D	-0.06%
EBAY	A	-0.06%
EXPD	D	-0.06%
PAG	C	-0.06%
RNR	C	-0.06%
TNL	B	-0.06%
HONE	C	-0.06%
KOS	D	-0.05%
GPI	A	-0.05%
HNI	C	-0.05%
SCVL	A	-0.05%
XPRO	A	-0.05%
NYCB	F	-0.05%
HIBB	A	-0.05%
HPE	B	-0.05%
AMG	C	-0.05%
WSFS	A	-0.05%
PRLB	F	-0.05%
TRST	D	-0.05%
WERN	F	-0.05%
BLMN	C	-0.05%
ALGN	C	-0.05%
INMD	F	-0.05%
SPOK	C	-0.05%
CHE	D	-0.05%
SMCI	D	-0.05%
BKU	B	-0.05%
MGY	A	-0.05%
REVG	A	-0.05%
JAZZ	F	-0.04%
SKX	C	-0.04%
CBRE	C	-0.04%
FCX	A	-0.04%
PNR	C	-0.04%
FULT	B	-0.04%
THRY	A	-0.04%
BRY	A	-0.04%
ISRG	C	-0.04%
OII	A	-0.04%
KMT	D	-0.04%
BERY	D	-0.04%
OSBC	B	-0.04%
PSTG	A	-0.04%
IDT	C	-0.04%
TKR	B	-0.04%
VC	F	-0.04%
UAL	A	-0.04%
OI	F	-0.04%
INSE	F	-0.04%
SAH	B	-0.04%
CTS	B	-0.04%
JBHT	F	-0.04%
ULTA	F	-0.04%
FFIV	C	-0.03%
WTS	C	-0.03%
HIMS	D	-0.03%
ECPG	F	-0.03%
ASUR	F	-0.03%
GPK	A	-0.03%
GSBC	A	-0.03%
EPAC	A	-0.03%
TDC	D	-0.03%
EBF	D	-0.03%
RHI	D	-0.03%
MAN	A	-0.03%
CLW	C	-0.03%
JOUT	F	-0.03%
NSP	A	-0.03%
AMPH	D	-0.03%
IGT	F	-0.03%
IPAR	F	-0.03%
CNXN	C	-0.03%
SCCO	A	-0.03%
BHLB	B	-0.03%
HSTM	C	-0.03%
HAFC	C	-0.03%
MRC	D	-0.03%
AMRK	A	-0.03%
YEXT	F	-0.03%
LQDT	D	-0.02%
TCMD	F	-0.02%
HEAR	B	-0.02%
DOOR	A	-0.02%
RMBS	D	-0.02%
ACCO	F	-0.02%
NVT	A	-0.02%
TITN	F	-0.02%
HSIC	D	-0.02%
CASY	A	-0.02%
MSBI	C	-0.02%
NTCT	D	-0.02%