FMCX vs. PUI ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to PowerShares Dynamic Utilities (PUI)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.39

Average Daily Volume

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

$42.27

Average Daily Volume

8,420

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	PUI
30 Days	3.30%	4.42%
60 Days	4.89%	5.25%
90 Days	8.18%	12.36%
12 Months	26.68%	38.23%

0 Overlapping Holdings

	Symbol	Grade	Weight in FMCX	Weight in PUI	Overlap

FMCX Overweight 52 Positions Relative to PUI

Symbol	Grade	Weight
AAPL	C	6.93%
UNH	C	6.84%
KKR	A	6.14%
IAC	D	5.35%
AMZN	C	5.01%
GDDY	A	4.98%
MSFT	F	4.79%
LBRDK	C	4.24%
LSXMK	D	4.22%
GGG	B	3.98%
PYPL	B	3.9%
MTCH	D	3.18%
LSXMA	D	1.79%
GOOGL	C	1.77%
LBRDA	C	1.74%
PG	A	1.3%
PM	B	1.21%
YUM	B	1.18%
CMCSA	B	1.13%
MCD	D	1.12%
AMGN	D	1.11%
KEYS	A	1.06%
VUSB	A	0.92%
ICSH	A	0.92%
GILD	C	0.87%
CL	D	0.85%
MO	A	0.84%
ENTG	D	0.82%
ARWR	F	0.72%
NKE	D	0.68%
HON	B	0.6%
DHR	F	0.55%
GOOG	C	0.5%
BAX	D	0.47%
YUMC	C	0.42%
MUSA	A	0.4%
SPGI	C	0.37%
MTX	B	0.33%
KEX	C	0.33%
EQR	B	0.3%
JPM	A	0.3%
MUR	D	0.25%
V	A	0.21%
FWONK	B	0.21%
BKNG	A	0.19%
FLWS	F	0.15%
GD	F	0.13%
BATRK	C	0.11%
PNR	A	0.1%
FWONA	B	0.05%
VMEO	B	0.03%
BATRA	F	0.02%

FMCX Underweight 33 Positions Relative to PUI

Symbol	Grade	Weight
VST	B	-5.04%
OKE	A	-4.27%
PCG	A	-3.74%
LUMN	C	-3.73%
ATO	A	-3.65%
SRE	A	-3.63%
NI	A	-3.59%
WEC	A	-3.49%
PEG	A	-3.46%
DUK	C	-3.42%
XEL	A	-3.42%
CEG	D	-3.41%
T	A	-3.27%
NRG	B	-3.27%
AWK	D	-3.05%
SO	D	-3.05%
DTE	C	-2.99%
CMS	C	-2.98%
LNT	A	-2.91%
EVRG	A	-2.86%
CNP	B	-2.86%
AEE	A	-2.76%
PNW	B	-2.72%
IDA	A	-2.68%
EIX	B	-2.49%
FE	C	-2.46%
AEP	D	-2.4%
ES	D	-2.35%
ED	D	-2.33%
NFG	A	-2.32%
NJR	A	-2.29%
OTTR	C	-2.15%
NOVA	F	-0.87%