MGMT vs. PSCI ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)

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

$35.81

Average Daily Volume

15,992

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials 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 industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. 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

$118.90

Average Daily Volume

7,858

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	PSCI
30 Days	-5.56%	-6.28%
60 Days	-2.19%	-1.53%
90 Days	0.68%	5.42%
12 Months	9.73%	28.86%

2 Overlapping Holdings

	Symbol	Grade	Weight in MGMT	Weight in PSCI	Overlap
	AZZ	B	3.06%	0.9%	0.9%
	GEO	B	2.52%	0.88%	0.88%

MGMT Overweight 44 Positions Relative to PSCI

Symbol	Grade	Weight
NRP	A	5.26%
AGM	A	3.84%
CVCO	C	3.2%
MTG	C	2.92%
PHIN	A	2.91%
TDC	F	2.88%
EXP	C	2.85%
CEIX	D	2.76%
CASS	D	2.64%
TRIP	C	2.59%
SOI	B	2.53%
LAMR	B	2.36%
LSTR	D	2.32%
NTIC	A	2.22%
ATKR	B	2.21%
CBNK	D	2.13%
IGIC	B	2.1%
GPRE	F	2.09%
BIOX	D	2.05%
LII	C	1.97%
IMXI	D	1.94%
DOX	D	1.84%
SFM	A	1.7%
BLCO	F	1.7%
BWA	B	1.66%
EPR	D	1.63%
KOS	D	1.6%
GSM	A	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	F	1.21%
UFPT	D	1.17%
EPSN	A	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 89 Positions Relative to PSCI

Symbol	Grade	Weight
MLI	A	-3.24%
AAON	A	-2.96%
ALK	B	-2.75%
BCC	D	-2.68%
AL	A	-2.6%
AWI	C	-2.5%
FSS	B	-2.48%
MOG.A	A	-2.21%
WIRE	A	-2.19%
AVAV	A	-2.13%
DY	A	-2.02%
FELE	C	-1.99%
VRRM	A	-1.97%
MATX	C	-1.87%
ACA	D	-1.83%
GMS	C	-1.81%
HI	B	-1.66%
ARCB	F	-1.6%
KFY	D	-1.56%
NPO	D	-1.53%
SKYW	A	-1.46%
REZI	D	-1.41%
JBT	F	-1.38%
RUSHA	D	-1.37%
MYRG	B	-1.36%
ABM	B	-1.36%
AIN	F	-1.33%
ESE	D	-1.32%
BRC	A	-1.31%
GFF	D	-1.26%
HUBG	D	-1.23%
VSTS	D	-1.21%
UNF	D	-1.21%
GVA	A	-1.18%
RXO	D	-1.13%
TRN	B	-1.09%
AIR	A	-1.09%
ROCK	D	-1.06%
TNC	A	-1.05%
RUN	F	-1.03%
ALG	D	-1.01%
SXI	B	-1.0%
HNI	C	-0.96%
EPAC	A	-0.95%
JBLU	F	-0.93%
KAR	A	-0.92%
KMT	D	-0.92%
MLKN	C	-0.9%
B	D	-0.89%
HAYW	C	-0.84%
CXW	C	-0.83%
GBX	B	-0.81%
DNOW	B	-0.76%
MRCY	F	-0.74%
AMWD	C	-0.72%
CSGS	F	-0.67%
POWL	C	-0.66%
APOG	A	-0.66%
LNN	D	-0.63%
NVEE	D	-0.57%
NX	D	-0.54%
WNC	D	-0.53%
TGI	C	-0.5%
MRTN	D	-0.47%
ASTE	B	-0.47%
DLX	B	-0.43%
TILE	D	-0.43%
ALGT	F	-0.41%
MATW	D	-0.41%
PRLB	F	-0.4%
HCSG	F	-0.4%
VICR	F	-0.37%
KELYA	C	-0.37%
FWRD	F	-0.35%
VVI	D	-0.35%
DXPE	B	-0.33%
PBI	A	-0.32%
NVRI	D	-0.31%
HSII	D	-0.3%
IIIN	D	-0.3%
TWI	F	-0.29%
SNCY	F	-0.27%
HTLD	F	-0.23%
DDD	F	-0.22%
NPK	A	-0.21%
LQDT	D	-0.19%
RGP	F	-0.17%
SPWR	F	-0.08%
TTEC	F	-0.07%