EQWL vs. TVAL ETF Comparison

Comparison of PowerShares Russell Top 200 Equal Weight Portfolio (EQWL) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF (TVAL)

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

TVAL

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Value ETF

TVAL Description

The fund will invest primarily in U.S. equity securities. In taking a value approach to investment selection, the adviser seeks to identify companies that appear to be undervalued by various measures, and may be temporarily out of favor, but have good prospects for capital appreciation. Some of the principal measures used to identify such stocks are: price/earnings ratio, price/book value ratio, price/sales ratio, dividend yield, price/cash flow, undervalued assets, and restructuring opportunities. The fund may purchase the stocks of companies of any size, but typically focuses on larger companies.

Grade (RS Rating)

Last Trade

$33.11

Average Daily Volume

13,066

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

Performance

Period	EQWL	TVAL
30 Days	3.32%	2.98%
60 Days	4.89%	4.22%
90 Days	7.38%	5.88%
12 Months	31.93%	29.14%

51 Overlapping Holdings

Symbol	Grade	Weight in EQWL	Weight in TVAL	Overlap
ABBV	D	0.83%	0.36%	0.36%
ACN	C	0.98%	0.7%	0.7%
AIG	B	0.98%	0.87%	0.87%
AMD	F	0.87%	0.22%	0.22%
AXP	A	1.06%	0.26%	0.26%
BA	F	0.84%	0.56%	0.56%
BAC	A	1.13%	1.89%	1.13%
BLK	C	1.12%	0.43%	0.43%
C	A	1.12%	0.81%	0.81%
CAT	B	1.06%	0.3%	0.3%
CL	D	0.82%	0.84%	0.82%
CMCSA	B	1.04%	0.46%	0.46%
COF	B	1.25%	0.33%	0.33%
COP	C	1.03%	1.25%	1.03%
CVS	D	0.9%	0.23%	0.23%
CVX	A	1.09%	0.73%	0.73%
DHR	F	0.83%	0.65%	0.65%
DIS	B	1.14%	0.2%	0.2%
GE	D	0.95%	1.21%	0.95%
GOOG	C	0.48%	0.95%	0.48%
HD	A	1.02%	0.63%	0.63%
HON	B	1.07%	0.68%	0.68%
JNJ	D	0.87%	1.82%	0.87%
JPM	A	1.12%	1.23%	1.12%
KO	D	0.83%	0.72%	0.72%
LIN	D	0.92%	0.73%	0.73%
LLY	F	0.81%	1.19%	0.81%
MCD	D	0.96%	0.46%	0.46%
MDLZ	F	0.83%	0.43%	0.43%
MET	A	1.03%	0.22%	0.22%
META	D	1.04%	0.87%	0.87%
MRK	F	0.8%	0.8%	0.8%
MS	A	1.28%	0.56%	0.56%
MSFT	F	0.94%	0.65%	0.65%
NEE	D	0.84%	0.59%	0.59%
PG	A	0.91%	0.72%	0.72%
PM	B	0.97%	1.41%	0.97%
QCOM	F	0.93%	1.08%	0.93%
SCHW	B	1.23%	0.89%	0.89%
SO	D	0.92%	1.67%	0.92%
TMO	F	0.83%	1.12%	0.83%
TMUS	B	1.12%	0.88%	0.88%
TXN	C	0.98%	0.7%	0.7%
UNH	C	0.95%	1.9%	0.95%
UNP	C	0.9%	0.42%	0.42%
UPS	C	0.99%	0.28%	0.28%
USB	A	1.07%	0.56%	0.56%
VZ	C	0.87%	0.58%	0.58%
WFC	A	1.31%	1.77%	1.31%
WMT	A	0.99%	1.89%	0.99%
XOM	B	1.03%	2.56%	1.03%

EQWL Overweight 50 Positions Relative to TVAL

Symbol	Grade	Weight
TSLA	B	1.29%
CRM	B	1.24%
INTC	D	1.21%
EMR	A	1.2%
BKNG	A	1.2%
GM	B	1.18%
PYPL	B	1.17%
GS	A	1.17%
NVDA	C	1.17%
NFLX	A	1.14%
BMY	B	1.13%
CSCO	B	1.1%
CHTR	C	1.1%
ORCL	B	1.09%
AMZN	C	1.08%
BK	A	1.07%
GILD	C	1.06%
SPG	B	1.03%
V	A	1.02%
INTU	C	1.02%
LOW	D	1.0%
MA	C	1.0%
MO	A	0.99%
BRK.A	B	0.99%
F	C	0.98%
AVGO	D	0.97%
FDX	B	0.97%
AAPL	C	0.97%
T	A	0.97%
COST	B	0.96%
TGT	F	0.96%
RTX	C	0.95%
DE	A	0.95%
SBUX	A	0.95%
ABT	B	0.94%
ADBE	C	0.94%
MMM	D	0.94%
IBM	C	0.93%
MDT	D	0.91%
NKE	D	0.91%
GD	F	0.91%
LMT	D	0.9%
DUK	C	0.89%
PEP	F	0.88%
KHC	F	0.85%
PFE	D	0.84%
DOW	F	0.84%
AMGN	D	0.84%
AMT	D	0.77%
GOOGL	C	0.58%

EQWL Underweight 93 Positions Relative to TVAL

Symbol	Grade	Weight
CB	C	-2.23%
HIG	B	-1.96%
ELV	F	-1.81%
FI	A	-1.53%
KVUE	A	-1.49%
LHX	C	-1.36%
AVB	B	-1.22%
SWK	D	-1.1%
CMI	A	-1.09%
BDX	F	-1.01%
EQH	B	-1.0%
WY	D	-0.88%
CI	F	-0.87%
ZBH	C	-0.85%
EOG	A	-0.82%
MCK	B	-0.8%
FITB	A	-0.77%
NWSA	B	-0.75%
VST	B	-0.74%
NSC	B	-0.74%
HUBB	B	-0.7%
GEV	B	-0.7%
TTE	F	-0.7%
SRE	A	-0.68%
MMC	B	-0.67%
KMB	D	-0.66%
AEE	A	-0.65%
IP	B	-0.64%
RSG	A	-0.62%
WDC	D	-0.6%
D	C	-0.55%
AZO	C	-0.52%
RPM	A	-0.52%
ROK	B	-0.52%
CF	B	-0.52%
BAX	D	-0.5%
CSX	B	-0.49%
HWM	A	-0.48%
REXR	F	-0.48%
PGR	A	-0.48%
AZN	D	-0.47%
MAR	B	-0.47%
WMB	A	-0.46%
EQT	B	-0.46%
APO	B	-0.46%
TDG	D	-0.46%
HBAN	A	-0.45%
ARES	A	-0.45%
MU	D	-0.45%
HCA	F	-0.45%
PSA	D	-0.44%
FANG	D	-0.43%
REGN	F	-0.42%
CPAY	A	-0.42%
LEN	D	-0.42%
LVS	C	-0.41%
LAMR	D	-0.4%
KDP	D	-0.4%
CAG	D	-0.4%
TSM	B	-0.39%
ALL	A	-0.39%
AMAT	F	-0.38%
YUM	B	-0.36%
BKR	B	-0.35%
KEYS	A	-0.35%
ADI	D	-0.35%
PLD	D	-0.34%
MSI	B	-0.34%
EFX	F	-0.33%
A	D	-0.33%
STLD	B	-0.32%
UAL	A	-0.31%
TT	A	-0.31%
AME	A	-0.31%
OTIS	C	-0.3%
VRTX	F	-0.29%
ROP	B	-0.29%
TJX	A	-0.29%
MOH	F	-0.28%
CARR	D	-0.27%
MCHP	D	-0.27%
SPGI	C	-0.26%
CDW	F	-0.25%
MGM	D	-0.24%
ZTS	D	-0.23%
CME	A	-0.23%
HAL	C	-0.22%
VMC	B	-0.22%
BHP	F	-0.2%
AVY	D	-0.19%
SNY	F	-0.19%
DTE	C	-0.17%
EQIX	A	-0.16%