DWLD vs. KBWB ETF Comparison

Comparison of Davis Select Worldwide ETF (DWLD) to PowerShares KBW Bank Portfolio ETF (KBWB)

DWLD

Davis Select Worldwide ETF

DWLD Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest the fund's portfolio principally in common stocks issued by both United States and foreign companies, including countries with developed or emerging markets. It will invest significantly in issuers (i) organized or located outside of the U.S.; (ii) whose primary trading market is located outside the U.S.; or (iii) doing a substantial amount of business outside the U.S., which the adviser considers to be a company that derives at least 50% of its revenue from business outside the U.S. or has at least 50% of its assets outside the U.S.

Grade (RS Rating)

Last Trade

$33.87

Average Daily Volume

12,122

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBWB

PowerShares KBW Bank Portfolio ETF

KBWB Description

The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$52.97

Average Daily Volume

701,904

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DWLD	KBWB
30 Days	3.53%	0.82%
60 Days	9.11%	5.64%
90 Days	13.20%	9.74%
12 Months	28.01%	48.49%

2 Overlapping Holdings

	Symbol	Grade	Weight in DWLD	Weight in KBWB	Overlap
	COF	B	5.46%	3.91%	3.91%
	WFC	B	5.09%	8.13%	5.09%

DWLD Overweight 20 Positions Relative to KBWB

Symbol	Grade	Weight
META	D	6.63%
BRK.A	D	4.49%
AMZN	A	3.8%
MGM	F	3.66%
HUM	F	3.35%
GOOG	A	2.77%
AMAT	C	2.7%
VTRS	D	2.59%
BEKE	B	2.57%
CI	C	2.14%
JD	B	1.98%
MKL	A	1.9%
CPNG	A	0.96%
OC	A	0.88%
AGCO	F	0.85%
DGX	A	0.79%
IAC	C	0.76%
DAR	F	0.6%
NOAH	B	0.39%
YOU	F	0.28%

DWLD Underweight 22 Positions Relative to KBWB

Symbol	Grade	Weight
GS	A	-8.34%
BAC	B	-8.13%
MS	A	-8.08%
JPM	B	-7.83%
C	A	-4.2%
TFC	A	-4.13%
FITB	A	-4.1%
MTB	A	-3.97%
PNC	A	-3.97%
HBAN	A	-3.84%
BK	A	-3.82%
STT	C	-3.77%
USB	C	-3.72%
RF	B	-3.49%
NTRS	C	-3.3%
CFG	A	-3.09%
KEY	C	-2.67%
EWBC	A	-2.05%
FHN	A	-1.63%
CMA	B	-1.32%
WAL	C	-1.26%
ZION	A	-1.2%