DWSH vs. PPA ETF Comparison

Comparison of AdvisorShares Dorsey Wright Short ETF (DWSH) to PowerShares Aerospace & Defense (PPA)

DWSH

AdvisorShares Dorsey Wright Short ETF

DWSH Description

The investment seeks capital appreciation through short selling securities. Dorsey, Wright & Associates, LLC (the "Sub-Advisor"), the sub-advisor to the fund, seeks to achieve the fund's investment objective by obtaining short exposure to investment returns of the broad U.S. large-capitalization equity market by engaging in short sales of U.S.-traded equity securities and exchange-traded funds ("ETFs"). Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that create or result in short exposure to U.S. equity securities.

Grade (RS Rating)

Last Trade

$7.50

Average Daily Volume

40,389

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$98.31

Average Daily Volume

148,457

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DWSH	PPA
30 Days	4.71%	-1.66%
60 Days	2.73%	3.19%
90 Days	0.63%	8.58%
12 Months	-10.95%	21.27%

1 Overlapping Holdings

	Symbol	Grade	Weight in DWSH	Weight in PPA	Overlap
	VSAT	F	-0.98%	0.32%	-0.98%

DWSH Overweight 95 Positions Relative to PPA

Symbol	Grade	Weight
WW	F	-0.49%
CBRL	F	-0.65%
CABO	D	-0.67%
ZD	F	-0.68%
WBA	F	-0.7%
NWL	F	-0.7%
IART	F	-0.71%
SAGE	F	-0.71%
TECH	F	-0.74%
AES	D	-0.75%
MOS	D	-0.75%
VFC	F	-0.75%
G	D	-0.77%
WBD	F	-0.77%
INCY	F	-0.8%
HUM	D	-0.8%
WTRG	D	-0.8%
LEG	D	-0.81%
BAX	D	-0.82%
ES	A	-0.82%
ADNT	F	-0.83%
ILMN	F	-0.83%
UHAL	C	-0.85%
SJM	D	-0.85%
HAIN	F	-0.86%
DAN	F	-0.86%
JAZZ	F	-0.86%
BIIB	F	-0.86%
CAG	A	-0.87%
PYPL	A	-0.87%
CHTR	F	-0.88%
NYCB	F	-0.88%
PODD	F	-0.88%
WHR	F	-0.88%
PARA	C	-0.88%
DG	B	-0.89%
CPB	A	-0.89%
UPS	D	-0.9%
HSY	F	-0.9%
NEM	A	-0.9%
CGNX	D	-0.91%
ATUS	F	-0.91%
PFE	F	-0.91%
APD	D	-0.92%
SBAC	D	-0.92%
HLF	D	-0.92%
NUS	F	-0.92%
ST	D	-0.92%
FMC	D	-0.93%
PII	F	-0.93%
UGI	B	-0.93%
CHRW	D	-0.93%
MAA	D	-0.93%
BIO	F	-0.93%
OI	F	-0.94%
MKTX	F	-0.94%
MKC	A	-0.94%
PAYC	D	-0.94%
BMY	F	-0.95%
AWK	F	-0.95%
IPGP	F	-0.95%
AEE	B	-0.95%
VC	F	-0.95%
SEE	F	-0.96%
TSLA	F	-0.96%
ALNY	F	-0.97%
WEN	A	-0.97%
GIS	A	-0.97%
BWA	B	-0.97%
CLB	B	-0.98%
ALB	F	-0.98%
ALK	A	-0.99%
MD	D	-0.99%
K	A	-0.99%
DXC	F	-0.99%
ICUI	F	-1.0%
AAP	A	-1.0%
NEE	A	-1.0%
D	A	-1.03%
APA	B	-1.05%
HRL	A	-1.05%
EL	D	-1.05%
HAS	A	-1.06%
ADM	B	-1.08%
MDU	A	-1.08%
RES	A	-1.08%
BG	A	-1.08%
MPW	B	-1.09%
PTEN	D	-1.11%
AA	A	-1.11%
VAC	B	-1.13%
EXAS	D	-1.15%
RIG	B	-1.19%
DVN	A	-1.2%
HBI	D	-1.22%

DWSH Underweight 47 Positions Relative to PPA

Symbol	Grade	Weight
RTX	A	-6.9%
LMT	A	-6.67%
BA	F	-6.0%
GE	A	-5.89%
NOC	B	-5.37%
GD	A	-4.98%
HON	C	-4.45%
LHX	B	-4.34%
TDG	B	-4.04%
ETN	A	-3.79%
PH	B	-3.67%
HWM	C	-3.54%
AXON	B	-3.52%
TXT	A	-2.67%
BAH	C	-2.46%
LDOS	C	-2.14%
APH	B	-2.08%
HII	C	-2.08%
HEI	A	-1.76%
BWXT	C	-1.42%
KBR	A	-1.32%
CW	A	-1.31%
CACI	B	-1.25%
WWD	A	-1.09%
TDY	D	-1.07%
SAIC	C	-0.99%
ATI	A	-0.97%
HXL	D	-0.96%
J	C	-0.89%
PLTR	D	-0.87%
AVAV	A	-0.83%
SPR	A	-0.8%
PSN	B	-0.66%
MOG.A	A	-0.65%
KEYS	D	-0.65%
KTOS	B	-0.54%
OSK	A	-0.48%
AIR	B	-0.44%
MRCY	F	-0.34%
OSIS	A	-0.27%
CDRE	D	-0.27%
TGI	D	-0.2%
KAMN	A	-0.19%
IRDM	D	-0.16%
DCO	A	-0.15%
B	B	-0.15%
TTMI	D	-0.13%