IAI vs. PEY ETF Comparison

Comparison of iShares U.S. Broker-Dealers ETF (IAI) to PowerShares High Yield Dividend Achievers (PEY)

IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$150.77

Average Daily Volume

101,301

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEY

PowerShares High Yield Dividend Achievers

PEY Description

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. 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 Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 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

$22.38

Average Daily Volume

192,572

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAI	PEY
30 Days	10.55%	2.93%
60 Days	18.10%	4.08%
90 Days	19.69%	4.75%
12 Months	57.52%	21.64%

0 Overlapping Holdings

	Symbol	Grade	Weight in IAI	Weight in PEY	Overlap

IAI Overweight 32 Positions Relative to PEY

Symbol	Grade	Weight
GS	A	14.35%
MS	A	12.73%
SPGI	C	12.62%
COIN	C	6.64%
SCHW	B	4.88%
MSCI	C	4.03%
NDAQ	A	3.87%
CME	B	3.82%
MCO	B	3.78%
ICE	C	3.67%
RJF	A	3.56%
LPLA	A	2.81%
HOOD	B	2.74%
CBOE	C	2.48%
IBKR	A	2.32%
FDS	B	2.25%
TW	A	1.8%
JEF	A	1.44%
SF	B	1.43%
EVR	B	1.29%
MKTX	D	1.2%
HLI	A	1.18%
MORN	B	1.11%
LAZ	B	0.76%
PIPR	A	0.64%
PJT	A	0.47%
MC	C	0.47%
BGC	C	0.43%
VIRT	A	0.37%
SNEX	B	0.33%
DFIN	D	0.2%
LPRO	B	0.08%

IAI Underweight 49 Positions Relative to PEY

Symbol	Grade	Weight
WBA	F	-3.67%
MO	A	-3.37%
FIBK	B	-2.89%
BEN	C	-2.89%
VZ	C	-2.84%
CCOI	B	-2.8%
UVV	B	-2.66%
UGI	C	-2.61%
KEY	B	-2.39%
BMY	B	-2.38%
UPS	C	-2.35%
TROW	B	-2.29%
NWN	A	-2.21%
TFC	A	-2.18%
PFE	F	-2.18%
WSBC	B	-2.16%
AVA	A	-2.15%
NWE	B	-2.14%
EVRG	A	-2.07%
CVX	A	-2.07%
SR	A	-2.06%
BKH	A	-2.05%
RF	A	-2.04%
OGE	A	-2.03%
PRU	A	-1.99%
PM	B	-1.99%
LYB	F	-1.95%
USB	A	-1.95%
PNW	A	-1.86%
UBSI	B	-1.8%
INDB	B	-1.77%
POR	C	-1.72%
PNC	B	-1.67%
WEC	A	-1.67%
FLO	D	-1.67%
TRN	B	-1.67%
ES	C	-1.67%
PRGO	C	-1.54%
MAN	F	-1.51%
IBM	C	-1.5%
IPG	D	-1.46%
BBY	D	-1.45%
SON	F	-1.42%
EMN	C	-1.41%
HPQ	B	-1.38%
KMB	C	-1.38%
MMM	D	-1.24%
SWK	D	-1.19%
NXST	C	-1.12%