DWSH vs. PUI ETF Comparison

Comparison of AdvisorShares Dorsey Wright Short ETF (DWSH) to PowerShares Dynamic Utilities (PUI)

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

$7.58

Average Daily Volume

39,970

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PUI

PowerShares Dynamic Utilities

PUI Description

The PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US utilities companies. These companies are principally engaged in providing either energy, water, natural gas or telecommunications services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$32.82

Average Daily Volume

5,211

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DWSH	PUI
30 Days	4.82%	0.92%
60 Days	3.87%	6.12%
90 Days	1.74%	7.54%
12 Months	-8.53%	-0.57%

3 Overlapping Holdings

Symbol	Grade	Weight in DWSH	Weight in PUI	Overlap
AEE	B	-0.95%	2.42%	-0.95%
AWK	F	-0.95%	3.23%	-0.95%
ES	B	-0.82%	2.51%	-0.82%

DWSH Overweight 93 Positions Relative to PUI

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	F	-0.75%
VFC	F	-0.75%
G	F	-0.77%
WBD	F	-0.77%
INCY	F	-0.8%
HUM	D	-0.8%
WTRG	D	-0.8%
LEG	F	-0.81%
BAX	D	-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	B	-0.87%
CHTR	F	-0.88%
NYCB	F	-0.88%
PODD	F	-0.88%
WHR	D	-0.88%
PARA	F	-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	D	-0.93%
CHRW	F	-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%
IPGP	F	-0.95%
VC	F	-0.95%
SEE	F	-0.96%
TSLA	F	-0.96%
ALNY	F	-0.97%
WEN	B	-0.97%
GIS	A	-0.97%
BWA	D	-0.97%
CLB	B	-0.98%
VSAT	F	-0.98%
ALB	D	-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	A	-1.13%
EXAS	B	-1.15%
RIG	D	-1.19%
DVN	A	-1.2%
HBI	D	-1.22%

DWSH Underweight 30 Positions Relative to PUI

Symbol	Grade	Weight
CEG	A	-4.16%
VST	A	-4.04%
OKE	A	-4.01%
NRG	A	-3.94%
SO	A	-3.72%
DTE	C	-3.71%
ATO	B	-3.62%
PCG	B	-3.51%
NI	A	-3.49%
SRE	D	-3.48%
DUK	A	-3.44%
LNT	B	-3.38%
WEC	B	-3.25%
PNW	B	-3.24%
XEL	D	-3.09%
EXC	B	-3.02%
CMS	B	-2.93%
FYBR	C	-2.63%
IDA	B	-2.63%
CNP	B	-2.58%
PEG	A	-2.52%
NJR	A	-2.47%
AEP	A	-2.42%
FE	A	-2.4%
ED	A	-2.38%
EIX	A	-2.38%
VZ	A	-2.36%
OTTR	D	-2.34%
T	C	-2.29%
NFG	A	-2.16%