KBWP vs. DWSH ETF Comparison

Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to AdvisorShares Dorsey Wright Short ETF (DWSH)

KBWP

PowerShares KBW Property & Casualty Insurance Portfolio ETF

KBWP Description

The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$103.38

Average Daily Volume

20,898

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DWSH

AdvisorShares Dorsey Wright Short ETF

DWSH Description

The investment seeks capital appreciation through short selling securities. Dorsey, Wright & Associates, LLC (the "Sub-Advisor"), the sub-advisor to the fund, seeks to achieve the fund's investment objective by obtaining short exposure to investment returns of the broad U.S. large-capitalization equity market by engaging in short sales of U.S.-traded equity securities and exchange-traded funds ("ETFs"). Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investments that create or result in short exposure to U.S. equity securities.

Grade (RS Rating)

Last Trade

$7.49

Average Daily Volume

39,558

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWP	DWSH
30 Days	-2.17%	3.17%
60 Days	1.50%	2.04%
90 Days	5.83%	3.74%
12 Months	27.22%	-13.14%

0 Overlapping Holdings

	Symbol	Grade	Weight in KBWP	Weight in DWSH	Overlap

KBWP Overweight 24 Positions Relative to DWSH

Symbol	Grade	Weight
PGR	A	8.75%
ALL	A	8.34%
AIG	B	8.05%
TRV	C	8.03%
CB	C	7.8%
CINF	A	4.11%
ACGL	A	4.11%
HIG	A	4.07%
AFG	C	3.97%
WRB	D	3.94%
AXS	C	3.92%
EG	D	3.91%
THG	B	3.9%
SIGI	D	3.88%
AIZ	C	3.82%
RNR	C	3.81%
RLI	A	3.73%
KMPR	B	3.67%
MCY	A	3.01%
SPNT	C	2.09%
HMN	B	1.46%
PRA	B	0.69%
UVE	A	0.58%
JRVR	D	0.34%

KBWP Underweight 96 Positions Relative to DWSH

Symbol	Grade	Weight
SAGE	F	--0.56%
ZD	F	--0.65%
NWL	F	--0.67%
TECH	F	--0.68%
IART	F	--0.7%
WBA	F	--0.72%
AES	A	--0.73%
WBD	F	--0.74%
MOS	F	--0.74%
ADNT	D	--0.76%
G	F	--0.76%
VFC	D	--0.76%
ILMN	D	--0.78%
INCY	F	--0.78%
ATUS	F	--0.81%
BIIB	D	--0.82%
HAIN	F	--0.83%
WTRG	B	--0.83%
PARA	B	--0.83%
PYPL	A	--0.84%
JAZZ	F	--0.84%
NYCB	F	--0.84%
LEG	F	--0.84%
PODD	F	--0.84%
ES	A	--0.84%
CHTR	F	--0.85%
SJM	D	--0.85%
ALB	F	--0.85%
HUM	F	--0.85%
WHR	F	--0.85%
DG	D	--0.86%
CGNX	D	--0.87%
DAN	D	--0.87%
UHAL	C	--0.87%
TSLA	D	--0.87%
PAYC	F	--0.88%
UPS	D	--0.89%
ST	D	--0.89%
SBAC	D	--0.89%
PFE	F	--0.89%
IPGP	C	--0.9%
SEE	F	--0.9%
MAA	D	--0.9%
PII	F	--0.9%
BIO	F	--0.9%
FMC	D	--0.9%
HSY	D	--0.91%
OI	F	--0.91%
DXC	D	--0.92%
NEM	A	--0.92%
APD	D	--0.92%
VC	F	--0.92%
VSAT	F	--0.92%
CBRL	D	--0.92%
CHRW	D	--0.92%
CCK	B	--0.94%
CPB	A	--0.94%
BMY	F	--0.95%
CAG	A	--0.95%
WPC	C	--0.95%
MKTX	F	--0.95%
NUS	F	--0.95%
MD	F	--0.95%
VLY	D	--0.96%
ALNY	F	--0.96%
BWA	B	--0.96%
CLB	B	--0.96%
UGI	A	--0.96%
AWK	C	--0.97%
ICUI	F	--0.97%
AEE	A	--0.98%
MKC	A	--0.98%
CABO	F	--0.99%
IDA	A	--0.99%
HLF	D	--1.0%
WEN	A	--1.01%
D	A	--1.04%
NEE	A	--1.04%
K	A	--1.04%
HRL	A	--1.05%
APA	B	--1.05%
GIS	A	--1.05%
EXAS	F	--1.06%
AAP	D	--1.07%
RES	D	--1.08%
HAS	A	--1.08%
EL	C	--1.08%
PTEN	F	--1.08%
ALK	A	--1.1%
AA	A	--1.11%
ADM	B	--1.11%
BG	B	--1.13%
VAC	A	--1.13%
RIG	B	--1.13%
DVN	A	--1.18%
MPW	B	--1.41%