PCEF vs. VRAI ETF Comparison

Comparison of PowerShares CEF Income Composite Portfolio (PCEF) to Virtus Real Asset Income ETF (VRAI)

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

$18.50

Average Daily Volume

140,769

Number of Holdings ^*

108

* may have additional holdings in another (foreign) market

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.85

Average Daily Volume

3,535

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PCEF	VRAI
30 Days	1.41%	-0.44%
60 Days	0.72%	1.94%
90 Days	2.38%	7.18%
12 Months	15.18%	5.81%

0 Overlapping Holdings

	Symbol	Grade	Weight in PCEF	Weight in VRAI	Overlap

PCEF Overweight 108 Positions Relative to VRAI

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%
JFR	A	1.8%
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%
HYT	A	1.25%
BOE	A	1.23%
FFC	C	1.18%
BTZ	D	1.17%
JQC	A	1.16%
DSL	A	1.14%
BST	C	1.11%
HTD	A	1.11%
FAX	D	1.07%
BGY	A	1.04%
CII	B	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	B	0.8%
EOI	B	0.78%
IGD	A	0.77%
BME	C	0.69%
NBB	D	0.67%
PDT	A	0.67%
DFP	C	0.65%
ISD	C	0.64%
BGR	B	0.64%
PHK	D	0.63%
EAD	A	0.61%
ETB	A	0.61%
FSD	A	0.6%
EDD	C	0.58%
VVR	A	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%
DSU	B	0.45%
FFA	A	0.45%
TEI	A	0.45%
FTF	A	0.45%
FCT	A	0.45%
SPXX	B	0.44%
STK	C	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	C	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	A	0.26%
MSD	C	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	A	0.17%
EVG	A	0.17%
HYB	A	0.15%
CIK	D	0.14%
MCN	C	0.13%

PCEF Underweight 80 Positions Relative to VRAI

Symbol	Grade	Weight
ARLP	C	-1.28%
CWEN	B	-1.27%
NEP	C	-1.25%
CIG	C	-1.24%
SCCO	A	-1.23%
AVA	B	-1.22%
IIPR	C	-1.21%
PBR	A	-1.21%
GFI	B	-1.2%
CPT	B	-1.18%
AEP	A	-1.18%
NI	A	-1.17%
NJR	B	-1.17%
CMS	A	-1.16%
EPRT	A	-1.16%
ADC	B	-1.15%
FANG	B	-1.15%
DVN	C	-1.15%
BSM	B	-1.15%
GGB	C	-1.15%
EC	C	-1.15%
SBSW	D	-1.14%
EOG	C	-1.14%
CTRA	B	-1.14%
LNT	B	-1.14%
OGS	C	-1.14%
BRY	C	-1.13%
KRP	C	-1.13%
PAGP	B	-1.13%
WEC	B	-1.13%
EXR	C	-1.12%
VALE	C	-1.12%
WES	A	-1.12%
PNM	C	-1.12%
EQNR	C	-1.12%
SBR	C	-1.11%
BNL	B	-1.11%
EPR	C	-1.11%
NRP	C	-1.11%
MAA	B	-1.11%
PAA	B	-1.11%
ES	B	-1.11%
AAT	B	-1.1%
CCOI	F	-1.1%
OVV	D	-1.1%
IVT	C	-1.1%
COP	D	-1.1%
GPRK	B	-1.09%
ENIC	B	-1.09%
REG	D	-1.08%
KIM	B	-1.08%
SITC	D	-1.08%
INVH	B	-1.08%
HESM	C	-1.07%
ROIC	D	-1.07%
BRX	B	-1.07%
FDP	F	-1.07%
CUBE	D	-1.06%
ORAN	D	-1.06%
NSA	C	-1.06%
SKT	D	-1.05%
PSA	C	-1.04%
CCI	D	-1.03%
OUT	D	-1.03%
AMT	D	-1.03%
KT	D	-1.01%
DMLP	D	-1.01%
FR	D	-1.0%
PTEN	D	-1.0%
RHP	D	-0.99%
HST	D	-0.99%
EGP	D	-0.98%
APLE	D	-0.98%
REXR	D	-0.96%
TS	D	-0.95%
TRNO	D	-0.95%
APA	F	-0.95%
NFE	F	-0.95%
SID	F	-0.95%
SPOK	F	-0.94%

PCEF: Top Represented Industries & Keywords

Industries: Asset Management Other