PBW vs. MGMT ETF Comparison

Comparison of PowerShares WilderHill Clean Energy Portfolio (PBW) to Ballast Small/Mid Cap ETF (MGMT)

PBW

PowerShares WilderHill Clean Energy Portfolio

PBW Description

The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy 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 deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$21.68

Average Daily Volume

340,207

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$36.55

Average Daily Volume

12,448

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PBW	MGMT
30 Days	9.61%	2.62%
60 Days	2.58%	1.30%
90 Days	-12.81%	2.22%
12 Months	-38.59%	9.82%

1 Overlapping Holdings

	Symbol	Grade	Weight in PBW	Weight in MGMT	Overlap
	BELFB	C	1.62%	2.38%	1.62%

PBW Overweight 58 Positions Relative to MGMT

Symbol	Grade	Weight
FSLR	C	2.14%
FLNC	D	2.11%
AMRC	D	1.96%
BE	C	1.87%
FREY	D	1.85%
ITRI	B	1.79%
SLDP	C	1.78%
ORA	C	1.77%
JKS	D	1.73%
MP	C	1.72%
SLI	D	1.7%
ENVX	D	1.67%
PLL	D	1.65%
ESE	C	1.64%
ALB	D	1.63%
AMPS	F	1.62%
AEIS	C	1.61%
ARRY	F	1.6%
NIO	D	1.59%
OLED	C	1.58%
BLNK	C	1.57%
PWR	B	1.55%
CSIQ	F	1.55%
TSLA	D	1.54%
WBX	D	1.52%
ENPH	D	1.5%
PLPC	D	1.48%
AMSC	C	1.48%
SQM	D	1.46%
THRM	F	1.45%
LNZA	F	1.44%
JOBY	D	1.43%
QS	D	1.42%
RIVN	F	1.4%
CHPT	D	1.39%
MYRG	D	1.38%
SES	F	1.37%
RUN	D	1.33%
SEDG	F	1.33%
WOLF	F	1.31%
RNW	C	1.3%
XPEV	F	1.29%
PSNY	F	1.21%
NRGV	F	1.18%
LEV	F	1.15%
NOVA	F	1.15%
AMPX	F	1.15%
ACHR	F	1.12%
NAAS	F	1.09%
PLUG	D	1.08%
FCEL	F	1.0%
SPWR	D	0.98%
STEM	F	0.93%
SHLS	F	0.89%
EOSE	F	0.84%
TPIC	C	0.68%
SOL	D	0.49%
MAXN	F	0.32%

PBW Underweight 44 Positions Relative to MGMT

Symbol	Grade	Weight
NRP	C	-5.13%
AGM	D	-3.64%
AZZ	C	-3.29%
PHIN	B	-3.28%
CVCO	B	-3.22%
EXP	B	-2.99%
MTG	C	-2.98%
CEIX	D	-2.81%
CASS	D	-2.75%
TDC	F	-2.6%
SOI	C	-2.42%
LSTR	C	-2.41%
IGIC	B	-2.23%
GEO	D	-2.23%
CBNK	C	-2.21%
LII	B	-2.06%
BIOX	F	-2.04%
GPRE	F	-1.98%
SFM	B	-1.95%
IMXI	D	-1.89%
BWA	C	-1.88%
ATKR	D	-1.88%
TRIP	F	-1.86%
DOX	F	-1.78%
EPR	C	-1.72%
BLCO	F	-1.71%
CRMT	D	-1.69%
GSM	C	-1.69%
KOS	D	-1.66%
NTIC	C	-1.65%
IPGP	D	-1.51%
PATK	C	-1.51%
UFPT	B	-1.44%
ECVT	F	-1.43%
KN	C	-1.4%
RCMT	D	-1.39%
RMNI	F	-1.28%
TKR	B	-1.25%
EPSN	C	-1.15%
IRMD	D	-0.92%
G	C	-0.88%
CMP	F	-0.83%
EXTR	F	-0.77%
LAMR	A	-0.04%