KBWP vs. PSCU ETF Comparison

Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to PowerShares S&P SmallCap Utilities Portfolio (PSCU)

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

$103.71

Average Daily Volume

21,762

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCU

PowerShares S&P SmallCap Utilities Portfolio

PSCU Description

The PowerShares S&P SmallCap Utilities Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Utilities & Telecom Services 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 measure the overall performance of common stocks of US utilities and telecommunication services companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$50.72

Average Daily Volume

1,296

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWP	PSCU
30 Days	-3.26%	-0.65%
60 Days	2.76%	-0.97%
90 Days	6.87%	-2.22%
12 Months	26.98%	-5.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in KBWP	Weight in PSCU	Overlap

KBWP Overweight 24 Positions Relative to PSCU

Symbol	Grade	Weight
PGR	A	8.75%
ALL	A	8.56%
AIG	A	8.01%
CB	B	7.78%
TRV	C	7.55%
ACGL	A	4.17%
CINF	B	4.13%
HIG	C	4.05%
THG	A	3.95%
RNR	C	3.93%
AFG	C	3.93%
EG	D	3.93%
WRB	D	3.88%
AXS	C	3.87%
SIGI	C	3.82%
KMPR	B	3.8%
AIZ	C	3.75%
RLI	B	3.75%
MCY	A	3.1%
SPNT	C	2.09%
HMN	A	1.51%
PRA	B	0.71%
UVE	A	0.58%
JRVR	D	0.35%

KBWP Underweight 34 Positions Relative to PSCU

Symbol	Grade	Weight
OTTR	A	-6.45%
MSGS	B	-5.66%
MGEE	A	-5.15%
TRIP	C	-5.13%
CWT	A	-5.01%
AVA	A	-4.98%
CCOI	D	-4.94%
AWR	C	-4.7%
YELP	B	-4.66%
CPK	A	-4.31%
CARG	D	-3.59%
SATS	A	-3.53%
CNK	D	-3.39%
CWEN	A	-3.28%
CABO	F	-3.22%
SJW	D	-2.91%
TDS	B	-2.8%
NWN	A	-2.6%
LUMN	F	-2.23%
CARS	F	-1.9%
SSTK	D	-1.84%
SCHL	F	-1.73%
QNST	A	-1.62%
MSEX	C	-1.59%
UTL	B	-1.49%
THRY	A	-1.29%
TTGT	D	-1.28%
SHEN	F	-1.28%
CWEN	A	-1.28%
GOGO	B	-0.99%
AMCX	D	-0.63%
MCS	F	-0.61%
CNSL	B	-0.58%
ATNI	F	-0.36%