PEY vs. FIW ETF Comparison

Comparison of PowerShares High Yield Dividend Achievers (PEY) to First Trust ISE Water Index Fund (FIW)

PEY

PowerShares High Yield Dividend Achievers

PEY Description

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$19.96

Average Daily Volume

288,657

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FIW

First Trust ISE Water Index Fund

FIW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$99.48

Average Daily Volume

36,776

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PEY	FIW
30 Days	-1.86%	-1.80%
60 Days	1.97%	0.89%
90 Days	-0.78%	6.30%
12 Months	8.25%	21.78%

0 Overlapping Holdings

	Symbol	Grade	Weight in PEY	Weight in FIW	Overlap

PEY Overweight 49 Positions Relative to FIW

Symbol	Grade	Weight
MO	A	3.77%
LEG	F	3.04%
FIBK	A	2.76%
UVV	A	2.75%
WBA	F	2.55%
TFC	A	2.52%
VZ	C	2.49%
MMM	A	2.49%
UGI	A	2.46%
PM	A	2.41%
PFE	C	2.35%
KEY	C	2.3%
AVA	A	2.3%
NWE	A	2.16%
NWN	A	2.13%
PNW	A	2.13%
EVRG	A	2.03%
OGE	A	2.02%
RF	B	2.01%
SR	A	1.97%
ALE	A	1.96%
BKH	A	1.95%
TDS	B	1.94%
POR	A	1.94%
PRGO	A	1.89%
LYB	C	1.89%
PRU	B	1.83%
WSBC	D	1.82%
ES	A	1.82%
FLO	A	1.75%
USB	C	1.74%
PNC	A	1.72%
TRN	A	1.71%
KMB	A	1.69%
BMY	F	1.68%
MAN	B	1.67%
CVX	A	1.67%
UPS	F	1.66%
K	B	1.65%
INDB	B	1.64%
TROW	D	1.61%
BBY	D	1.6%
UBSI	D	1.6%
BEN	F	1.56%
IPG	F	1.54%
EMN	B	1.52%
CCOI	D	1.43%
HPQ	D	1.42%
SWK	B	1.4%

PEY Underweight 33 Positions Relative to FIW

Symbol	Grade	Weight
VLTO	A	-4.2%
XYL	A	-4.04%
AWK	B	-4.0%
ROP	D	-3.94%
IEX	D	-3.88%
A	C	-3.88%
ECL	B	-3.88%
AOS	C	-3.65%
ACM	B	-3.63%
WTRG	A	-3.59%
PNR	C	-3.54%
WAT	C	-3.53%
CNM	A	-3.41%
WMS	D	-3.34%
IDXX	D	-3.32%
MLI	A	-3.11%
TTEK	A	-3.1%
WTS	C	-2.99%
PRMW	A	-2.28%
BMI	A	-2.27%
FLS	A	-2.16%
ZWS	D	-2.01%
VMI	F	-1.99%
CWT	A	-1.97%
ITRI	B	-1.96%
FELE	D	-1.95%
AWR	C	-1.92%
HWKN	A	-1.34%
SBS	C	-1.26%
MWA	A	-1.26%
LNN	B	-1.22%
SJW	D	-1.22%
MEG	A	-1.17%