INCE vs. PWV ETF Comparison

Comparison of Franklin Income Equity Focus ETF (INCE) to PowerShares Dynamic LargeCap Value (PWV)

INCE

Franklin Income Equity Focus ETF

INCE Description

Under normal marketing conditions, the fund will invest at least 80% of its net assets in equity securities, and in derivatives and other instruments that have economic characteristics and provide investment exposure similar to equity securities.

Grade (RS Rating)

Last Trade

$58.80

Average Daily Volume

6,895

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	INCE	PWV
30 Days	0.46%	4.38%
60 Days	2.02%	5.52%
90 Days	3.59%	6.26%
12 Months	18.90%	31.14%

17 Overlapping Holdings

Symbol	Grade	Weight in INCE	Weight in PWV	Overlap
BAC	A	1.04%	3.7%	1.04%
CVX	A	2.85%	3.52%	2.85%
GM	B	1.03%	1.61%	1.03%
IBM	C	0.95%	3.37%	0.95%
JCI	C	2.14%	1.64%	1.64%
JNJ	D	2.9%	2.98%	2.9%
JPM	A	1.48%	3.52%	1.48%
KO	D	0.98%	2.8%	0.98%
LMT	D	2.21%	1.32%	1.32%
MET	A	1.29%	1.51%	1.29%
MS	A	1.46%	1.78%	1.46%
PG	A	1.98%	3.16%	1.98%
PNC	B	0.59%	1.6%	0.59%
RTX	C	1.43%	1.37%	1.37%
TXN	C	1.2%	3.13%	1.2%
VZ	C	2.94%	3.16%	2.94%
XOM	B	1.58%	3.28%	1.58%

INCE Overweight 27 Positions Relative to PWV

Symbol	Grade	Weight
SO	D	3.1%
PEP	F	2.42%
APD	A	2.05%
RIO	D	1.69%
HD	A	1.62%
SCHW	B	1.48%
UNP	C	1.41%
LOW	D	1.33%
ADI	D	1.31%
PM	B	1.25%
USB	A	1.16%
MCD	D	1.14%
TTE	F	1.14%
SBUX	A	1.14%
CSCO	B	1.12%
SRE	A	1.11%
HON	B	1.09%
AEP	D	0.99%
NEM	D	0.94%
UPS	C	0.87%
DUK	C	0.83%
FITB	A	0.58%
MA	C	0.53%
ALB	C	0.53%
FCX	D	0.52%
BA	F	0.23%
C	A	0.0%

INCE Underweight 32 Positions Relative to PWV

Symbol	Grade	Weight
WFC	A	-4.15%
ABT	B	-3.26%
BRK.A	B	-3.25%
AMGN	D	-2.9%
ABBV	D	-2.77%
COF	B	-1.77%
KMI	A	-1.72%
OKE	A	-1.68%
DELL	C	-1.65%
CMI	A	-1.63%
BK	A	-1.59%
URI	B	-1.58%
LNG	B	-1.57%
T	A	-1.56%
KR	B	-1.54%
CAT	B	-1.52%
LHX	C	-1.48%
ET	A	-1.48%
PRU	A	-1.47%
EOG	A	-1.45%
CB	C	-1.42%
AIG	B	-1.39%
AFL	B	-1.39%
VLO	C	-1.36%
PSX	C	-1.32%
MPC	D	-1.27%
LEN	D	-1.27%
KMB	D	-1.26%
CI	F	-1.25%
DHI	D	-1.19%
CNC	D	-1.03%
ELV	F	-1.02%