IAT vs. PFI ETF Comparison

Comparison of iShares U.S. Regional Banks ETF (IAT) to PowerShares Dynamic Financial (PFI)

IAT

iShares U.S. Regional Banks ETF

IAT Description

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

Grade (RS Rating)

Last Trade

$41.72

Average Daily Volume

219,965

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFI

PowerShares Dynamic Financial

PFI Description

The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial Sector 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 financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$47.48

Average Daily Volume

6,017

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAT	PFI
30 Days	-2.93%	-4.11%
60 Days	6.10%	0.95%
90 Days	-0.30%	5.39%
12 Months	26.40%	19.73%

1 Overlapping Holdings

	Symbol	Grade	Weight in IAT	Weight in PFI	Overlap
	FCNCA	A	4.34%	2.69%	2.69%

IAT Overweight 34 Positions Relative to PFI

Symbol	Grade	Weight
USB	C	14.12%
PNC	A	13.89%
TFC	A	11.47%
FITB	A	5.59%
MTB	A	4.62%
HBAN	A	4.44%
RF	B	4.02%
CFG	A	3.66%
KEY	C	3.1%
EWBC	B	2.39%
FHN	B	1.87%
WBS	D	1.74%
CFR	B	1.65%
CMA	A	1.56%
CBSH	A	1.47%
WAL	C	1.46%
BPOP	A	1.43%
ZION	B	1.39%
PNFP	C	1.39%
WTFC	B	1.37%
SSB	D	1.36%
PB	B	1.32%
SNV	C	1.2%
FNB	B	1.1%
OZK	A	1.09%
UBSI	D	1.05%
HOMB	A	1.04%
GBCI	C	0.96%
FFIN	C	0.88%
UMBF	A	0.82%
VLY	F	0.76%
BOKF	A	0.56%
NYCB	F	0.52%
TFSL	D	0.14%

IAT Underweight 42 Positions Relative to PFI

Symbol	Grade	Weight
MA	C	-5.63%
KNSL	F	-5.04%
ARES	B	-4.74%
JPM	B	-4.15%
APO	B	-4.04%
V	C	-3.46%
KKR	C	-3.07%
COOP	A	-3.04%
COIN	B	-2.95%
AJG	D	-2.9%
AXP	A	-2.64%
MMC	D	-2.47%
BRO	D	-2.44%
PGR	B	-2.1%
AIG	B	-1.87%
HOOD	B	-1.86%
SPG	C	-1.84%
PRI	D	-1.74%
RHP	C	-1.73%
JXN	A	-1.71%
CB	D	-1.68%
HLI	C	-1.67%
PIPR	B	-1.58%
DFIN	A	-1.5%
VCTR	A	-1.5%
OMF	A	-1.48%
EVR	D	-1.46%
SFBS	C	-1.45%
BGC	B	-1.4%
AGO	C	-1.39%
AGM	B	-1.36%
SLG	A	-1.34%
ORI	A	-1.33%
RGA	A	-1.31%
ERIE	C	-1.31%
MTG	B	-1.31%
SKT	B	-1.28%
OFG	B	-1.22%
HCI	A	-1.22%
ENVA	B	-1.19%
RYAN	D	-1.15%
TREE	C	-1.13%

IAT: Top Represented Industries & Keywords

Industries: Banks - Regional - US Banks - Global Savings & Cooperative Banks