MGMT vs. PEZ ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to PowerShares Dynamic Consumer Discretionary (PEZ)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$36.48

Average Daily Volume

16,372

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEZ

PowerShares Dynamic Consumer Discretionary

PEZ Description

The PowerShares Dynamic Consumer Discretionary Sector Portfolio (Fund) is based on the Dynamic Consumer Discretionary 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 consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$91.62

Average Daily Volume

4,925

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	PEZ
30 Days	-2.96%	-4.31%
60 Days	1.03%	3.17%
90 Days	0.69%	11.80%
12 Months	13.26%	34.89%

0 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in PEZ	Overlap

MGMT Overweight 46 Positions Relative to PEZ

Symbol	Grade	Weight
NRP	A	5.31%
AGM	B	3.72%
AZZ	B	3.33%
CVCO	C	3.1%
TDC	D	2.86%
MTG	B	2.84%
CEIX	B	2.83%
PHIN	A	2.81%
EXP	B	2.79%
CASS	D	2.78%
GEO	B	2.62%
TRIP	B	2.46%
LAMR	B	2.35%
LSTR	D	2.26%
SOI	A	2.2%
BIOX	D	2.17%
CBNK	D	2.16%
IGIC	A	2.13%
ATKR	A	2.11%
GPRE	F	2.1%
NTIC	A	2.05%
IMXI	B	1.99%
LII	B	1.95%
DOX	D	1.89%
BLCO	D	1.69%
KOS	D	1.69%
EPR	D	1.64%
BWA	B	1.64%
SFM	A	1.63%
RMNI	F	1.63%
GSM	A	1.55%
BELFB	D	1.52%
ECVT	D	1.51%
CRMT	F	1.49%
IPGP	D	1.46%
UFPT	D	1.27%
KN	B	1.27%
RCMT	F	1.22%
EPSN	A	1.17%
TKR	D	1.16%
PATK	C	0.94%
IRMD	D	0.91%
CMP	F	0.9%
EXTR	F	0.81%
G	F	0.81%
BIL	A	0.23%

MGMT Underweight 39 Positions Relative to PEZ

Symbol	Grade	Weight
MOD	B	-5.62%
ANF	C	-5.1%
DKS	A	-4.89%
CMG	A	-4.87%
WING	A	-3.89%
DECK	C	-3.83%
TOL	B	-3.76%
TPX	C	-3.71%
RCL	A	-3.04%
MCK	A	-2.95%
NFLX	D	-2.87%
DKNG	C	-2.78%
CAH	D	-2.72%
DUOL	B	-2.62%
NVR	D	-2.6%
PHM	B	-2.58%
RRR	B	-2.43%
TXRH	A	-2.39%
DASH	B	-2.39%
H	C	-2.37%
GPS	C	-2.33%
CVNA	B	-2.32%
BLD	C	-2.28%
SIG	B	-2.24%
RL	C	-2.11%
BECN	A	-2.03%
MHO	C	-1.97%
PVH	C	-1.93%
SKYW	A	-1.92%
SKY	C	-1.67%
IBP	B	-1.64%
KTB	B	-1.62%
GTX	B	-1.53%
SGBX	F	-1.51%
TMHC	B	-1.4%
DFH	C	-1.07%
GRBK	C	-1.0%
ARHS	D	-0.98%
BZH	D	-0.85%