PCEF vs. HYIN ETF Comparison

Comparison of PowerShares CEF Income Composite Portfolio (PCEF) to WisdomTree Alternative Income Fund (HYIN)

PCEF

PowerShares CEF Income Composite Portfolio

PCEF Description

The PowerShares CEF Income Composite Portfolio (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$18.53

Average Daily Volume

140,321

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

HYIN

WisdomTree Alternative Income Fund

HYIN Description

The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (the ?Index?). Under normal circumstances, at least 80% of the fund?s total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of registered closed-end investment companies and real estate investment trusts that are listed and publicly traded on a major U.S. stock exchange. It is non-diversified.

Grade (RS Rating)

Last Trade

$18.63

Average Daily Volume

6,894

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PCEF	HYIN
30 Days	0.30%	-0.24%
60 Days	0.43%	1.17%
90 Days	2.52%	2.13%
12 Months	14.57%	17.94%

5 Overlapping Holdings

Symbol	Grade	Weight in PCEF	Weight in HYIN	Overlap
DSU	B	0.45%	2.75%	0.45%
HYT	A	1.25%	2.86%	1.25%
JFR	A	1.8%	2.86%	1.8%
JQC	A	1.16%	2.87%	1.16%
VVR	A	0.58%	2.89%	0.58%

PCEF Overweight 103 Positions Relative to HYIN

Symbol	Grade	Weight
EXG	A	4.35%
JPC	A	3.97%
BIGZ	D	3.17%
BMEZ	D	3.03%
BCAT	B	3.01%
BSTZ	D	2.65%
BDJ	A	2.64%
ETY	A	2.59%
NFJ	C	2.29%
BXMX	B	2.12%
ETV	A	1.87%
QQQX	C	1.78%
EVV	A	1.7%
ETW	A	1.69%
FPF	B	1.58%
BCX	A	1.5%
HFRO	D	1.5%
BBN	D	1.48%
AWF	A	1.38%
PDO	A	1.31%
EOS	A	1.28%
BOE	A	1.23%
FFC	C	1.18%
BTZ	C	1.17%
DSL	A	1.14%
BST	C	1.11%
HTD	A	1.11%
FAX	D	1.07%
BGY	A	1.04%
CII	C	1.04%
WIW	A	1.02%
EMD	B	0.94%
DIAX	C	0.9%
LDP	D	0.87%
ETJ	A	0.86%
GHY	A	0.82%
NPFD	A	0.8%
EOI	A	0.78%
IGD	A	0.77%
BME	D	0.69%
NBB	D	0.67%
PDT	A	0.67%
DFP	C	0.65%
ISD	B	0.64%
BGR	A	0.64%
PHK	D	0.63%
EAD	A	0.61%
ETB	A	0.61%
FSD	A	0.6%
EDD	C	0.58%
BHK	D	0.58%
PFN	A	0.56%
FRA	A	0.55%
HIO	D	0.54%
PCN	D	0.53%
BUI	A	0.52%
BLW	C	0.5%
BIT	D	0.49%
FFA	A	0.45%
TEI	A	0.45%
FTF	A	0.45%
FCT	A	0.45%
SPXX	B	0.44%
STK	D	0.44%
BGH	A	0.44%
HIX	B	0.43%
HPS	A	0.42%
PPT	B	0.42%
MCR	B	0.41%
MMT	A	0.41%
EFR	A	0.4%
EOD	B	0.39%
HPI	A	0.39%
MIN	B	0.38%
EFT	A	0.37%
JGH	A	0.36%
MCI	B	0.34%
PHT	A	0.34%
DHF	A	0.33%
GBAB	D	0.33%
ERC	D	0.32%
HPF	A	0.32%
DHY	A	0.32%
IDE	C	0.3%
FLC	A	0.3%
PSF	D	0.29%
PFL	A	0.29%
BGT	A	0.29%
IGA	B	0.26%
BGX	B	0.26%
MSD	B	0.22%
HEQ	A	0.22%
DBL	A	0.22%
VBF	C	0.21%
NHS	A	0.21%
TSI	D	0.2%
PCF	C	0.19%
PHD	A	0.18%
EHI	B	0.17%
EVG	A	0.17%
HYB	A	0.15%
CIK	D	0.14%
MCN	C	0.13%

PCEF Underweight 23 Positions Relative to HYIN

Symbol	Grade	Weight
MAIN	A	-3.1%
MITT	B	-3.06%
HTGC	A	-3.05%
RWT	C	-3.03%
GBDC	C	-3.02%
BXSL	C	-2.99%
FSK	A	-2.96%
EFC	B	-2.91%
ARCC	A	-2.91%
OXLC	A	-2.9%
GOF	A	-2.88%
PDI	A	-2.88%
LADR	B	-2.87%
ABR	D	-2.86%
ECC	A	-2.86%
PTY	D	-2.83%
CIM	C	-2.78%
AGNC	A	-2.77%
RC	D	-2.74%
STWD	C	-2.73%
CMTG	F	-2.68%
ARI	F	-2.56%
BXMT	F	-2.52%

PCEF: Top Represented Industries & Keywords

Industries: Asset Management Other