GHYB vs. PKW ETF Comparison

Comparison of Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) to PowerShares Buyback Achievers (PKW)

GHYB

Goldman Sachs Access High Yield Corporate Bond ETF

GHYB Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Citi Goldman Sachs High Yield Corporate Bond Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of high yield corporate bonds denominated in U.S. dollars ("USD") that meet certain liquidity and fundamental screening criteria.

Grade (RS Rating)

Last Trade

$43.91

Average Daily Volume

15,227

Number of Holdings ^*

144

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM 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 track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$103.07

Average Daily Volume

20,036

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	GHYB	PKW
30 Days	0.37%	-4.09%
60 Days	0.56%	0.70%
90 Days	0.87%	3.02%
12 Months	7.95%	26.20%

18 Overlapping Holdings

Symbol	Grade	Weight in GHYB	Weight in PKW	Overlap
BLDR	C	0.11%	0.84%	0.11%
BYD	F	0.06%	0.23%	0.06%
CAR	D	0.24%	0.14%	0.14%
FUN	D	0.16%	0.07%	0.07%
HLT	D	0.11%	1.92%	0.11%
MGM	F	0.04%	0.53%	0.04%
NAVI	D	0.07%	0.07%	0.07%
NXST	C	0.31%	0.2%	0.2%
OLN	D	0.12%	0.24%	0.12%
PK	D	0.16%	0.13%	0.13%
SM	B	0.05%	0.21%	0.05%
TGNA	D	0.12%	0.1%	0.1%
THC	A	0.06%	0.36%	0.06%
TMUS	A	0.07%	4.82%	0.07%
TNL	D	0.18%	0.12%	0.12%
TOL	C	0.16%	0.45%	0.16%
VVV	B	0.18%	0.2%	0.18%
XRX	F	0.19%	0.06%	0.06%

GHYB Overweight 126 Positions Relative to PKW

Symbol	Grade	Weight
LNG	D	0.42%
XPO	D	0.39%
WFRD	B	0.38%
ARMK	C	0.37%
IQV	D	0.34%
SSNC	C	0.34%
HRI	D	0.32%
HEES	F	0.31%
NFE	F	0.3%
WCC	C	0.29%
HASI	C	0.29%
APA	F	0.29%
AAL	F	0.29%
RIG	F	0.28%
OGN	B	0.27%
LADR	A	0.26%
FTAI	A	0.26%
LYV	D	0.25%
EM	B	0.25%
CVNA	A	0.25%
CCL	F	0.25%
VGR	F	0.24%
USAC	D	0.24%
MCHP	A	0.24%
MAT	F	0.24%
CC	C	0.24%
AVTR	C	0.24%
WES	A	0.24%
TMHC	C	0.23%
NCLH	F	0.23%
ENLC	C	0.23%
GT	D	0.23%
OUT	D	0.22%
MD	D	0.22%
CQP	C	0.22%
AMC	F	0.21%
WMG	C	0.21%
SWN	C	0.21%
GEL	A	0.21%
CTLT	C	0.21%
BBWI	C	0.21%
LUMN	F	0.21%
UAL	B	0.21%
TROX	A	0.2%
KAR	A	0.19%
EHC	A	0.19%
IHRT	C	0.19%
IRM	D	0.19%
KW	C	0.18%
CHDN	B	0.18%
ACI	D	0.18%
ST	B	0.18%
IT	D	0.18%
AM	A	0.18%
PFGC	D	0.17%
MSCI	F	0.17%
HBI	F	0.17%
IEP	F	0.17%
CRI	F	0.16%
CCS	D	0.16%
SEM	B	0.16%
DELL	B	0.16%
NEP	C	0.16%
SUN	D	0.16%
PCG	A	0.16%
GTN	C	0.16%
STX	D	0.16%
HWM	A	0.16%
BCO	A	0.15%
SVC	F	0.15%
FYBR	C	0.15%
CCO	D	0.15%
CRL	D	0.14%
DBD	B	0.14%
ADT	C	0.14%
DVA	B	0.14%
RCL	A	0.14%
CLF	F	0.13%
ALLY	A	0.13%
URI	D	0.13%
YUM	C	0.13%
AA	A	0.12%
LAMR	B	0.12%
AXL	C	0.12%
FCX	A	0.12%
UBER	D	0.12%
S	D	0.12%
HESM	C	0.11%
SPR	D	0.11%
OI	F	0.11%
VSAT	F	0.11%
MOH	F	0.11%
UNIT	F	0.11%
CCK	C	0.11%
SBAC	F	0.11%
CZR	F	0.11%
EQT	B	0.11%
SIRI	F	0.11%
COIN	D	0.1%
SBGI	C	0.1%
BALY	B	0.1%
COMM	F	0.1%
F	C	0.1%
OXY	C	0.1%
CHTR	F	0.09%
ALSN	D	0.09%
RRC	B	0.09%
AR	A	0.09%
GPS	D	0.08%
SSP	C	0.08%
SEE	C	0.08%
HOLX	B	0.08%
AXTA	A	0.08%
DAN	C	0.07%
SCI	D	0.07%
CNSL	C	0.06%
NWL	D	0.06%
LW	D	0.05%
X	F	0.05%
AMCX	D	0.05%
CYH	B	0.05%
CF	F	0.04%
NBR	F	0.04%
OMF	A	0.04%
NRG	A	0.04%
TDG	A	0.03%

GHYB Underweight 179 Positions Relative to PKW

Symbol	Grade	Weight
BKNG	C	-4.48%
JNJ	F	-4.46%
CMCSA	F	-4.32%
LMT	B	-4.16%
DE	B	-4.04%
HCA	D	-3.12%
MPC	D	-2.76%
MAR	D	-2.62%
MCK	C	-2.6%
PYPL	B	-2.55%
PSX	D	-2.54%
CSX	D	-2.43%
ORLY	D	-2.36%
VLO	C	-2.08%
MET	D	-1.97%
AIG	A	-1.92%
AZO	D	-1.89%
AFL	B	-1.8%
CNC	C	-1.49%
VRSK	C	-1.18%
DFS	B	-1.18%
DD	A	-1.16%
HIG	D	-1.1%
CAH	F	-0.93%
VST	A	-0.92%
PHM	A	-0.88%
STT	C	-0.84%
STLD	D	-0.77%
SYF	A	-0.68%
CSL	A	-0.67%
TXT	D	-0.67%
APP	B	-0.67%
EXPE	F	-0.66%
GDDY	A	-0.64%
L	A	-0.63%
CFG	A	-0.61%
EXPD	D	-0.6%
MRO	C	-0.59%
EQH	A	-0.47%
WMS	C	-0.46%
BRKR	F	-0.42%
DINO	F	-0.42%
PAG	D	-0.38%
JEF	B	-0.38%
CNM	A	-0.37%
MUSA	D	-0.33%
EXP	B	-0.32%
CACI	A	-0.31%
ORI	A	-0.31%
FOXA	B	-0.29%
MTN	F	-0.28%
PRI	D	-0.28%
WSC	F	-0.27%
PVH	D	-0.25%
AN	B	-0.25%
HRB	D	-0.25%
ARW	B	-0.25%
TNET	F	-0.24%
BERY	D	-0.24%
ATKR	B	-0.24%
BC	F	-0.22%
CHH	D	-0.22%
WH	D	-0.22%
NSIT	A	-0.22%
MTG	C	-0.21%
COOP	A	-0.2%
R	A	-0.2%
AMG	C	-0.2%
DDS	B	-0.2%
KBH	B	-0.19%
ASGN	D	-0.18%
HGV	D	-0.18%
EEFT	C	-0.18%
ASH	A	-0.18%
WU	C	-0.18%
SLM	A	-0.18%
ABG	F	-0.17%
RH	D	-0.17%
HUN	D	-0.16%
AMR	D	-0.16%
ASO	D	-0.16%
WIRE	A	-0.16%
DXC	F	-0.15%
CPRI	F	-0.15%
GOLF	D	-0.15%
GPI	A	-0.15%
HP	F	-0.15%
CRC	F	-0.14%
MATX	B	-0.14%
LBRT	B	-0.14%
CNX	B	-0.14%
GFF	C	-0.13%
VAC	C	-0.13%
SEB	C	-0.12%
BHF	C	-0.12%
AZTA	D	-0.11%
SKYW	A	-0.11%
NSA	D	-0.11%
CVCO	C	-0.11%
FBP	A	-0.11%
BTU	F	-0.11%
SLVM	A	-0.1%
GNW	C	-0.1%
DOCN	D	-0.1%
SPB	C	-0.1%
IDCC	C	-0.09%
CEIX	F	-0.09%
PZZA	F	-0.08%
PLAY	D	-0.08%
AMN	D	-0.08%
CARG	C	-0.08%
DEI	B	-0.08%
IART	F	-0.08%
HTZ	F	-0.07%
ATGE	A	-0.07%
PEB	F	-0.07%
DK	F	-0.07%
ENVA	B	-0.07%
ODP	C	-0.07%
VIRT	A	-0.07%
XHR	B	-0.06%
PRG	B	-0.06%
GBX	B	-0.06%
HURN	F	-0.06%
CASH	B	-0.05%
CNNE	D	-0.05%
JBGS	F	-0.05%
CSGS	F	-0.05%
INVA	B	-0.04%
HIBB	A	-0.04%
SCHL	D	-0.04%
RYI	F	-0.04%
SAH	B	-0.04%
EIG	D	-0.04%
JACK	F	-0.04%
ECVT	F	-0.04%
LILAK	B	-0.04%
PRA	C	-0.03%
STGW	B	-0.03%
IMXI	D	-0.03%
SNCY	F	-0.03%
KELYA	C	-0.03%
CHGG	F	-0.03%
CGEM	A	-0.03%
ZIP	F	-0.03%
ATSG	C	-0.03%
DXPE	B	-0.03%
SBSI	D	-0.03%
SKIN	F	-0.02%
LSEA	F	-0.02%
OSG	B	-0.02%
DENN	F	-0.02%
TBPH	C	-0.02%
HONE	B	-0.02%
DBI	D	-0.02%
ANAB	B	-0.02%
FPI	B	-0.02%
LQDT	D	-0.02%
LPRO	F	-0.02%
LXU	C	-0.02%
HCKT	D	-0.02%
CCRN	F	-0.02%
NR	C	-0.02%
EGBN	F	-0.02%
MX	F	-0.01%
TASK	C	-0.01%
NECB	B	-0.01%
RLGT	F	-0.01%
WSBF	B	-0.01%
SOI	B	-0.01%
LOCO	C	-0.01%
ONTF	F	-0.01%
GCO	F	-0.01%
LWAY	A	-0.01%
SENEA	B	-0.01%
MBI	D	-0.01%
ZYXI	D	-0.01%
OPY	A	-0.01%
NFBK	D	-0.01%