MGMT vs. PKB ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to PowerShares Dynamic Build & Construction (PKB)

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

$36.19

Average Daily Volume

15,859

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PKB

PowerShares Dynamic Build & Construction

PKB Description

The PowerShares Dynamic Building & Construction Portfolio (Fund) is based on the Dynamic Building & Construction 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 30 US building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines, and airports. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$69.99

Average Daily Volume

31,401

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	PKB
30 Days	-2.59%	-6.09%
60 Days	-0.15%	-1.47%
90 Days	1.70%	9.29%
12 Months	13.38%	47.28%

1 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in PKB	Overlap
	EXP	C	2.85%	2.7%	2.7%

MGMT Overweight 45 Positions Relative to PKB

Symbol	Grade	Weight
NRP	A	5.26%
AGM	A	3.84%
CVCO	D	3.2%
AZZ	B	3.06%
MTG	B	2.92%
PHIN	A	2.91%
TDC	D	2.88%
CEIX	F	2.76%
CASS	C	2.64%
TRIP	C	2.59%
SOI	A	2.53%
GEO	B	2.52%
LAMR	B	2.36%
LSTR	D	2.32%
NTIC	A	2.22%
ATKR	B	2.21%
CBNK	D	2.13%
IGIC	A	2.1%
GPRE	F	2.09%
BIOX	D	2.05%
LII	D	1.97%
IMXI	D	1.94%
DOX	D	1.84%
SFM	A	1.7%
BLCO	F	1.7%
BWA	B	1.66%
EPR	C	1.63%
KOS	F	1.6%
GSM	B	1.58%
RMNI	F	1.51%
BELFB	A	1.5%
IPGP	F	1.49%
CRMT	F	1.49%
ECVT	F	1.48%
KN	D	1.28%
RCMT	D	1.21%
UFPT	B	1.17%
EPSN	B	1.17%
TKR	A	1.15%
PATK	D	0.92%
IRMD	D	0.91%
CMP	F	0.86%
EXTR	F	0.82%
G	F	0.8%
BIL	A	0.23%

MGMT Underweight 28 Positions Relative to PKB

Symbol	Grade	Weight
CSL	A	-5.3%
MLM	C	-5.23%
PHM	B	-5.15%
VMC	C	-4.81%
LEN	D	-4.77%
DHI	D	-4.71%
NVR	D	-4.7%
HD	D	-4.3%
STRL	D	-3.25%
USLM	A	-3.12%
SWX	A	-3.06%
OC	A	-3.06%
IBP	B	-3.01%
TOL	B	-2.97%
JELD	A	-2.92%
ROAD	D	-2.91%
APOG	A	-2.9%
OSK	B	-2.75%
BLD	C	-2.73%
TMHC	C	-2.69%
AZEK	C	-2.63%
GRBK	C	-2.61%
MHO	D	-2.6%
AMWD	C	-2.58%
SUM	C	-2.54%
GFF	C	-2.52%
HOV	B	-2.43%
ROCK	F	-2.16%