JSML vs. DWAS ETF Comparison

Comparison of Janus Small Cap Growth Alpha ETF (JSML) to PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS)

JSML

Janus Small Cap Growth Alpha ETF

JSML Description

Janus Small Cap Growth Alpha ETF seeks investment results that correspond generally, before fees and expenses, to the performance of the Janus Small Cap Growth Alpha Index.

Grade (RS Rating)

Last Trade

$57.79

Average Daily Volume

10,299

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

DWAS

PowerShares DWA SmallCap Technical Leaders Portfolio

DWAS Description

The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.

Grade (RS Rating)

Last Trade

$84.67

Average Daily Volume

58,194

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

Performance

Period	JSML	DWAS
30 Days	-4.08%	-6.27%
60 Days	-1.90%	-5.49%
90 Days	1.83%	2.00%
12 Months	21.68%	20.50%

35 Overlapping Holdings

Symbol	Grade	Weight in JSML	Weight in DWAS	Overlap
ACMR	D	0.72%	0.4%	0.4%
ALG	D	0.88%	0.64%	0.64%
ARHS	D	0.08%	0.37%	0.08%
CBZ	D	1.36%	0.73%	0.73%
CRAI	A	0.37%	0.42%	0.37%
CRVL	C	3.01%	0.38%	0.38%
CSWI	A	1.3%	0.52%	0.52%
CUBI	D	0.21%	0.39%	0.21%
DFH	C	0.11%	0.41%	0.11%
ENVA	B	0.24%	0.42%	0.24%
ESQ	B	0.05%	0.39%	0.05%
FELE	B	1.68%	0.39%	0.39%
FSS	A	1.79%	0.47%	0.47%
GMS	C	1.29%	0.53%	0.53%
GOLF	C	0.42%	0.4%	0.4%
GRBK	C	0.24%	0.65%	0.24%
HRI	D	1.5%	0.76%	0.76%
HWKN	B	0.77%	0.42%	0.42%
IBP	B	0.64%	0.38%	0.38%
IESC	A	0.85%	0.52%	0.52%
KAI	D	1.19%	0.99%	0.99%
MBIN	C	0.24%	0.39%	0.24%
MHO	C	0.32%	0.39%	0.32%
MYRG	B	0.96%	0.52%	0.52%
NBN	C	0.06%	0.42%	0.06%
PARR	D	0.11%	0.34%	0.11%
PLAB	C	0.8%	0.39%	0.39%
RUSHA	D	1.36%	0.39%	0.39%
SOUN	D	0.39%	0.28%	0.28%
STRL	B	1.08%	1.36%	1.08%
TRNS	A	0.35%	1.35%	0.35%
UFPT	D	1.57%	0.91%	0.91%
USLM	A	0.83%	0.4%	0.4%
VCTR	A	0.44%	0.52%	0.44%
WIRE	B	1.6%	0.58%	0.58%

JSML Overweight 155 Positions Relative to DWAS

Symbol	Grade	Weight
CNM	A	3.58%
PGNY	F	2.83%
DOCS	F	2.75%
DV	D	2.52%
ALGM	D	2.51%
CORT	D	2.22%
STAA	B	2.19%
AMR	B	2.09%
AMPH	D	1.85%
CPRX	D	1.71%
SANM	B	1.63%
HRMY	D	1.6%
ADUS	D	1.46%
DOCN	C	1.46%
DY	A	1.44%
LMAT	B	1.35%
PLXS	A	1.29%
KFY	D	1.19%
NABL	D	1.11%
COKE	C	1.07%
PLUS	C	1.04%
PAG	B	1.0%
TGLS	B	0.93%
PRIM	A	0.85%
PRFT	F	0.78%
NSSC	B	0.76%
IPAR	F	0.64%
SLM	A	0.64%
ARRY	F	0.63%
SSTK	D	0.61%
IAS	F	0.6%
ESGR	C	0.6%
HLNE	B	0.59%
BMBL	D	0.58%
CCRN	F	0.57%
UMBF	A	0.56%
SHLS	F	0.51%
KBH	C	0.48%
IBOC	A	0.47%
CTOS	F	0.46%
SFBS	C	0.46%
CALM	B	0.41%
BANF	B	0.41%
HASI	B	0.4%
NX	D	0.4%
AX	B	0.4%
MYE	A	0.39%
GPI	A	0.37%
DCGO	F	0.35%
NMIH	B	0.34%
ABR	C	0.33%
TCMD	F	0.33%
BOOT	A	0.32%
YETI	F	0.32%
NFE	F	0.31%
PJT	C	0.31%
CVCO	C	0.3%
WOR	C	0.29%
SNEX	B	0.29%
PLMR	A	0.27%
MGPI	D	0.27%
KE	F	0.26%
TBBK	F	0.25%
PLPC	D	0.22%
PZZA	D	0.21%
CLFD	D	0.21%
RC	C	0.21%
GSHD	F	0.2%
KRT	C	0.19%
SKWD	D	0.19%
JYNT	B	0.18%
CASH	A	0.18%
SYBT	B	0.18%
IMKTA	F	0.17%
EPRT	A	0.17%
HDSN	F	0.17%
WABC	B	0.17%
SMLR	F	0.17%
PFBC	A	0.16%
XPEL	D	0.15%
NAPA	D	0.15%
ANET	C	0.15%
INSW	A	0.14%
BY	B	0.13%
ASLE	F	0.13%
JOE	A	0.13%
ALTG	D	0.13%
QCRH	D	0.13%
CEIX	B	0.13%
PANL	C	0.12%
AESI	A	0.12%
BOWL	D	0.11%
IIPR	B	0.11%
NSA	D	0.11%
BFC	D	0.11%
APPS	F	0.1%
AMAL	B	0.1%
IMXI	B	0.1%
HGTY	B	0.1%
HPK	F	0.1%
CFB	C	0.09%
HIBB	A	0.09%
OSBC	B	0.09%
SCVL	A	0.09%
BFST	D	0.08%
MCB	B	0.07%
SKIN	F	0.07%
GCBC	A	0.07%
ACDC	D	0.07%
MBUU	F	0.07%
CCB	B	0.07%
PX	F	0.06%
SMMF	A	0.06%
ODC	D	0.06%
HTBI	B	0.06%
HZO	F	0.06%
ATLC	D	0.05%
ORGN	C	0.05%
GRNT	B	0.05%
LEGH	D	0.05%
CRGY	F	0.05%
FSBC	D	0.05%
RCMT	F	0.05%
LOVE	D	0.04%
AFCG	B	0.04%
OBT	D	0.04%
BCAL	D	0.04%
ASC	A	0.04%
MCFT	F	0.04%
TCBX	B	0.04%
PLYM	D	0.04%
EGY	B	0.04%
ORRF	B	0.04%
UNTY	B	0.04%
CBNK	D	0.04%
REFI	B	0.04%
BWFG	F	0.03%
OVLY	C	0.03%
PLBC	B	0.03%
SSBK	D	0.03%
NECB	B	0.03%
LINC	B	0.03%
CIVB	D	0.03%
NXRT	B	0.03%
UNB	C	0.02%
MNSB	F	0.02%
STKS	B	0.02%
FRAF	A	0.02%
SAMG	D	0.02%
SACH	D	0.02%
REI	B	0.02%
GORV	F	0.01%
EP	F	0.01%
PSTL	D	0.01%
HGBL	F	0.01%

JSML Underweight 147 Positions Relative to DWAS

Symbol	Grade	Weight
MOD	B	-1.64%
TDW	A	-1.55%
LFMD	A	-1.34%
DFIN	A	-1.27%
COOP	A	-1.25%
ALPN	A	-1.22%
NUVL	C	-1.21%
POWL	B	-1.09%
LMB	B	-1.05%
RRR	B	-1.05%
ANF	C	-1.03%
IMNM	D	-0.93%
VERA	D	-0.92%
ADMA	A	-0.9%
HRTG	A	-0.84%
RXST	B	-0.74%
SERA	A	-0.73%
PLAY	D	-0.71%
GTX	B	-0.61%
RYI	F	-0.6%
ZEUS	D	-0.6%
ARCB	B	-0.57%
BYRN	A	-0.57%
BCC	C	-0.54%
CLSK	B	-0.53%
ATI	A	-0.51%
ARQT	D	-0.5%
USAP	A	-0.5%
AROC	A	-0.5%
BMI	A	-0.5%
RNA	A	-0.47%
KRYS	D	-0.47%
MACK	B	-0.46%
GHM	B	-0.46%
SMHI	B	-0.46%
EVER	A	-0.45%
BECN	A	-0.45%
GKOS	A	-0.45%
SKYW	A	-0.45%
SKT	B	-0.44%
CMPR	D	-0.44%
EVH	F	-0.44%
IDYA	C	-0.44%
AMRX	B	-0.44%
MLI	A	-0.44%
JXN	A	-0.44%
LBRT	A	-0.43%
OFG	B	-0.43%
EZPW	A	-0.43%
SFM	A	-0.43%
SLVM	A	-0.42%
RDNT	A	-0.42%
INBK	D	-0.42%
NRIX	B	-0.42%
CHX	B	-0.42%
ASPN	C	-0.42%
AVAV	A	-0.42%
TRAK	A	-0.42%
MATX	C	-0.41%
CACC	D	-0.41%
HCI	A	-0.41%
GES	A	-0.41%
ANDE	B	-0.41%
BKD	A	-0.41%
TPC	A	-0.41%
KTB	B	-0.41%
GPOR	A	-0.4%
KOP	D	-0.4%
PIPR	B	-0.4%
AGM	B	-0.4%
ORN	D	-0.4%
GFF	C	-0.4%
VSEC	B	-0.4%
MOG.A	A	-0.4%
ALSN	B	-0.4%
ESAB	A	-0.4%
BSIG	B	-0.4%
HEES	D	-0.39%
PACK	A	-0.39%
MAX	D	-0.39%
KRUS	A	-0.39%
DXPE	B	-0.39%
UTI	B	-0.39%
VECO	B	-0.39%
ASO	C	-0.39%
SKY	C	-0.39%
TREE	C	-0.39%
GVA	A	-0.39%
BGC	B	-0.39%
ANIP	D	-0.38%
VERX	B	-0.38%
APPF	B	-0.38%
SPNT	C	-0.38%
SXC	D	-0.38%
NR	B	-0.38%
NPO	D	-0.38%
ACVA	B	-0.38%
ROAD	B	-0.38%
SPRY	D	-0.38%
VVV	C	-0.37%
ICFI	C	-0.37%
AMSC	C	-0.37%
SILK	B	-0.37%
CVNA	B	-0.37%
CDRE	D	-0.37%
CELC	D	-0.37%
LPX	C	-0.37%
SXI	C	-0.37%
CRNX	B	-0.37%
FRPT	C	-0.37%
SGBX	F	-0.37%
RYAN	D	-0.36%
BLZE	C	-0.36%
LQDA	D	-0.36%
ARLO	B	-0.36%
VRNS	C	-0.36%
LSEA	C	-0.36%
PAY	B	-0.36%
SUM	C	-0.36%
KD	D	-0.36%
DYN	C	-0.36%
COLL	C	-0.36%
MRUS	B	-0.36%
SMID	D	-0.35%
KYMR	D	-0.35%
MTRX	D	-0.35%
AGO	C	-0.35%
ORIC	F	-0.35%
BZH	D	-0.35%
MTRN	D	-0.35%
KURA	C	-0.34%
LYRA	D	-0.34%
FOR	D	-0.34%
KROS	C	-0.34%
CDLX	B	-0.32%
QUIK	C	-0.32%
PCT	F	-0.32%
MDXG	F	-0.31%
BWMN	C	-0.31%
AQST	D	-0.3%
FULC	D	-0.3%
ANNX	D	-0.29%
APLT	D	-0.27%
FATE	F	-0.25%
KOD	F	-0.25%
OCUL	F	-0.22%
IRON	F	-0.21%