PDP vs. DDIV ETF Comparison

Comparison of PowerShares DWA Technical Leaders Portfolio (PDP) to First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$115.75

Average Daily Volume

20,465

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

DDIV

First Trust Dorsey Wright Momentum & Dividend ETF

DDIV Description

The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed by Nasdaq, Inc. (the "Index Provider"). The Dorsey Wright Momentum Plus Dividend Yield Index is a rules-based equity index that is designed to track the overall performance of the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. To construct the index, Dorsey, Wright & Associates (DWA) begins with the eligible constituents of the NASDAQ US Large Mid Cap Index. These eligible constituents are determined after meeting certain criteria, including maintaining a minimum average daily dollar volume of $1 million for the 30-day period prior to evaluation. Each security is assigned a relative strength score based on its forward price momentum compared to the momentum of a broad market benchmark index. Securities that exhibit a minimum level of relative strength are eligible for inclusion in the index. Eligible securities are then ranked based upon their current dividend yield, and the top 50 securities with the highest dividend yield are selected for inclusion in the index. The securities are then weighted, with greater weights given to securities with higher dividend yields. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$40.78

Average Daily Volume

13,751

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PDP	DDIV
30 Days	9.76%	8.46%
60 Days	12.10%	10.70%
90 Days	14.30%	13.97%
12 Months	43.00%	47.09%

12 Overlapping Holdings

Symbol	Grade	Weight in PDP	Weight in DDIV	Overlap
APO	B	0.93%	0.88%	0.88%
ARES	A	1.22%	2.46%	1.22%
HLI	B	0.66%	0.88%	0.66%
HRB	D	0.54%	2.14%	0.54%
IRM	D	0.6%	2.11%	0.6%
JEF	A	0.65%	2.37%	0.65%
MMC	B	0.53%	0.85%	0.53%
OKE	A	0.66%	4.24%	0.66%
TJX	A	1.22%	0.73%	0.73%
TRGP	B	2.86%	1.77%	1.77%
TXRH	C	0.6%	0.85%	0.6%
WAL	B	0.72%	1.31%	0.72%

PDP Overweight 88 Positions Relative to DDIV

Symbol	Grade	Weight
APP	B	4.16%
MA	C	2.84%
CPRT	A	2.81%
AAPL	C	2.79%
APH	A	2.53%
FI	A	2.24%
ROP	B	2.23%
TDG	D	2.22%
GWW	B	2.12%
KNSL	B	1.9%
TT	A	1.69%
FIX	A	1.64%
CTAS	B	1.54%
COST	B	1.52%
VST	B	1.52%
PWR	A	1.43%
PLTR	B	1.39%
FICO	B	1.33%
HWM	A	1.28%
V	A	1.27%
NVR	D	1.24%
URI	B	1.23%
MTSI	B	1.18%
THC	D	1.13%
RCL	A	1.06%
AFRM	B	1.05%
LLY	F	1.05%
KLAC	D	1.04%
ANET	C	1.04%
AXON	A	1.03%
ORCL	B	0.95%
ISRG	A	0.95%
KKR	A	0.94%
EME	C	0.93%
BAH	F	0.93%
META	D	0.91%
PCVX	D	0.89%
MSFT	F	0.89%
HOOD	B	0.79%
CSL	C	0.77%
WING	D	0.76%
NFLX	A	0.76%
BX	A	0.74%
AIT	A	0.74%
EVR	B	0.73%
ONTO	D	0.71%
NTNX	A	0.71%
CLH	B	0.69%
COKE	C	0.69%
PRI	A	0.69%
ENSG	D	0.69%
AAON	B	0.68%
AJG	B	0.68%
MANH	D	0.67%
TTEK	F	0.66%
NTRA	B	0.65%
BRO	B	0.65%
DASH	A	0.64%
MUSA	A	0.64%
FCNCA	A	0.63%
CARR	D	0.61%
FLR	B	0.61%
PH	A	0.6%
USFD	A	0.6%
EXP	A	0.6%
ETN	A	0.57%
CW	B	0.57%
COHR	B	0.57%
GWRE	A	0.56%
TOL	B	0.55%
BJ	A	0.55%
IR	B	0.53%
PSN	D	0.53%
PTC	A	0.53%
ICE	C	0.52%
LDOS	C	0.52%
PGR	A	0.52%
PHM	D	0.51%
LII	A	0.51%
UFPI	B	0.51%
TMHC	B	0.5%
ACGL	D	0.46%
HCA	F	0.45%
MTH	D	0.42%
NSIT	F	0.41%
ERIE	D	0.41%
DHI	D	0.41%
REGN	F	0.34%

PDP Underweight 38 Positions Relative to DDIV

Symbol	Grade	Weight
KMI	A	-4.87%
AM	A	-4.79%
SPG	B	-4.5%
WMB	A	-3.86%
BRX	A	-3.68%
DTM	B	-3.66%
LAMR	D	-3.51%
OWL	A	-3.49%
JXN	C	-2.68%
GS	A	-2.64%
JPM	A	-2.52%
INGR	B	-2.45%
BPOP	B	-2.37%
PKG	A	-2.35%
STX	D	-2.11%
WSO	A	-2.09%
WELL	A	-2.03%
AIG	B	-1.83%
GRMN	B	-1.73%
DKS	C	-1.67%
ALL	A	-1.63%
MTG	C	-1.61%
TRV	B	-1.56%
RTX	C	-1.53%
SF	B	-1.51%
AFL	B	-1.26%
CAH	B	-1.24%
COF	B	-1.21%
RGA	A	-1.15%
NRG	B	-1.09%
DELL	C	-0.98%
NTAP	C	-0.96%
NOC	D	-0.87%
AOS	F	-0.81%
TMUS	B	-0.8%
MAS	D	-0.77%
TSCO	D	-0.76%
OC	A	-0.72%