HDV vs. PWV ETF Comparison

Comparison of iShares High Dividend ETF (HDV) to PowerShares Dynamic LargeCap Value (PWV)

HDV

iShares High Dividend ETF

HDV Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the MorningstarÂ® Dividend Yield Focus IndexSM (the "underlying index"), which offers exposure to high quality U.S.-domiciled companies that have had strong financial health and an ability to sustain above average dividend payouts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$120.79

Average Daily Volume

391,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PWV

PowerShares Dynamic LargeCap Value

PWV Description

The PowerShares Dynamic Large Cap Value Portfolio (Fund) is based on the Dynamic Large Cap Value IntellidexSM 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 provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10 factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$61.51

Average Daily Volume

32,152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HDV	PWV
30 Days	1.45%	4.38%
60 Days	2.77%	5.52%
90 Days	4.36%	6.26%
12 Months	27.18%	31.14%

15 Overlapping Holdings

Symbol	Grade	Weight in HDV	Weight in PWV	Overlap
ABBV	D	5.23%	2.77%	2.77%
CVX	A	7.11%	3.52%	3.52%
EOG	A	1.31%	1.45%	1.31%
IBM	C	3.35%	3.37%	3.35%
JNJ	D	6.03%	2.98%	2.98%
KMB	D	0.83%	1.26%	0.83%
KMI	A	1.59%	1.72%	1.59%
KO	D	3.66%	2.8%	2.8%
LMT	D	1.39%	1.32%	1.32%
OKE	A	1.51%	1.68%	1.51%
PNC	B	1.64%	1.6%	1.6%
PSX	C	1.09%	1.32%	1.09%
T	A	4.52%	1.56%	1.56%
TXN	C	2.65%	3.13%	2.65%
XOM	B	10.17%	3.28%	3.28%

HDV Overweight 60 Positions Relative to PWV

Symbol	Grade	Weight
PM	B	4.53%
CSCO	B	4.17%
PEP	F	3.84%
MO	A	3.82%
MRK	F	3.67%
COP	C	2.19%
MDT	D	1.87%
DUK	C	1.68%
SO	D	1.68%
BX	A	1.64%
WMB	A	1.58%
DOW	F	0.95%
SRE	A	0.95%
AEP	D	0.93%
PAYX	C	0.76%
TROW	B	0.7%
PEG	A	0.69%
LYB	F	0.67%
GIS	D	0.65%
EIX	B	0.64%
WEC	A	0.58%
SYY	B	0.55%
DVN	F	0.48%
FE	C	0.44%
DTE	C	0.44%
PPL	B	0.43%
AEE	A	0.42%
DRI	B	0.4%
CTRA	B	0.38%
AMCR	D	0.37%
CLX	B	0.34%
EVRG	A	0.34%
CMS	C	0.33%
OMC	C	0.32%
CINF	A	0.31%
NI	A	0.28%
SNA	A	0.28%
ATO	A	0.28%
GPC	D	0.28%
LNT	A	0.27%
EMN	D	0.22%
DTM	B	0.21%
SWKS	F	0.2%
OGE	B	0.19%
EXE	B	0.18%
AM	A	0.18%
JHG	A	0.14%
APAM	B	0.13%
INGR	B	0.12%
WU	D	0.12%
NFG	A	0.11%
IDA	A	0.11%
MC	C	0.11%
NJR	A	0.1%
MSM	C	0.09%
ALE	A	0.09%
RDN	C	0.08%
VCTR	B	0.05%
CNS	B	0.04%
REYN	D	0.03%

HDV Underweight 34 Positions Relative to PWV

Symbol	Grade	Weight
WFC	A	-4.15%
BAC	A	-3.7%
JPM	A	-3.52%
ABT	B	-3.26%
BRK.A	B	-3.25%
VZ	C	-3.16%
PG	A	-3.16%
AMGN	D	-2.9%
MS	A	-1.78%
COF	B	-1.77%
DELL	C	-1.65%
JCI	C	-1.64%
CMI	A	-1.63%
GM	B	-1.61%
BK	A	-1.59%
URI	B	-1.58%
LNG	B	-1.57%
KR	B	-1.54%
CAT	B	-1.52%
MET	A	-1.51%
LHX	C	-1.48%
ET	A	-1.48%
PRU	A	-1.47%
CB	C	-1.42%
AIG	B	-1.39%
AFL	B	-1.39%
RTX	C	-1.37%
VLO	C	-1.36%
MPC	D	-1.27%
LEN	D	-1.27%
CI	F	-1.25%
DHI	D	-1.19%
CNC	D	-1.03%
ELV	F	-1.02%