PEY vs. KVLE ETF Comparison

Comparison of PowerShares High Yield Dividend Achievers (PEY) to KFA Value Line Dynamic Core Equity Index ETF (KVLE)

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

KVLE

KFA Value Line Dynamic Core Equity Index ETF

KVLE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific equity securities index, the Value Line®Dynamic Core Equity Index. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the underlying index. It may invest up to 20% of its assets in instruments that are not included in the underlying index, but that Fund's adviser, Krane Funds Advisors, LLC, believes will help the fund track the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.13

Average Daily Volume

2,471

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PEY	KVLE
30 Days	-1.86%	-3.53%
60 Days	1.97%	-0.94%
90 Days	-0.78%	0.84%
12 Months	8.25%	4.88%

11 Overlapping Holdings

Symbol	Grade	Weight in PEY	Weight in KVLE	Overlap
ALE	A	1.96%	1.41%	1.41%
BMY	F	1.68%	1.52%	1.52%
EVRG	A	2.03%	0.74%	0.74%
FLO	A	1.75%	1.57%	1.57%
KMB	A	1.69%	1.75%	1.69%
PFE	C	2.35%	1.81%	1.81%
SR	A	1.97%	0.37%	0.37%
TROW	D	1.61%	1.47%	1.47%
UGI	A	2.46%	1.57%	1.57%
UPS	F	1.66%	0.28%	0.28%
UVV	A	2.75%	1.63%	1.63%

PEY Overweight 38 Positions Relative to KVLE

Symbol	Grade	Weight
MO	A	3.77%
LEG	F	3.04%
FIBK	A	2.76%
WBA	F	2.55%
TFC	A	2.52%
VZ	C	2.49%
MMM	A	2.49%
PM	A	2.41%
KEY	C	2.3%
AVA	A	2.3%
NWE	A	2.16%
NWN	A	2.13%
PNW	A	2.13%
OGE	A	2.02%
RF	B	2.01%
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%
USB	C	1.74%
PNC	A	1.72%
TRN	A	1.71%
MAN	B	1.67%
CVX	A	1.67%
K	B	1.65%
INDB	B	1.64%
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 59 Positions Relative to KVLE

Symbol	Grade	Weight
MSFT	C	-6.41%
NVDA	C	-4.9%
AMZN	B	-3.19%
AAPL	F	-3.05%
META	D	-2.43%
HD	D	-2.11%
CSCO	D	-2.0%
TXN	A	-1.95%
GS	A	-1.86%
RTX	A	-1.77%
DUK	A	-1.69%
DTM	A	-1.68%
AEP	A	-1.64%
PAYX	C	-1.63%
DOW	B	-1.62%
CMCSA	F	-1.6%
ETR	A	-1.59%
ADP	B	-1.57%
ED	A	-1.57%
WSO	A	-1.57%
HESM	C	-1.55%
SPG	D	-1.53%
WU	C	-1.52%
WEC	A	-1.51%
FAST	C	-1.46%
PKG	D	-1.45%
APD	C	-1.42%
CCI	D	-1.41%
SNA	D	-1.39%
AMT	D	-1.39%
PSA	D	-1.37%
MSM	D	-1.37%
GILD	F	-1.36%
ABBV	D	-1.34%
SON	C	-1.34%
IVZ	F	-1.33%
CMI	B	-1.29%
UNP	C	-1.2%
GOOG	A	-1.2%
LLY	B	-1.2%
PEG	A	-1.16%
IBM	D	-1.09%
MRK	A	-1.04%
EQIX	F	-1.03%
PG	A	-0.96%
CME	C	-0.93%
CL	A	-0.78%
NTAP	B	-0.75%
RHI	F	-0.7%
OGS	A	-0.67%
MCD	D	-0.64%
JPM	A	-0.63%
CRWD	D	-0.42%
CVS	F	-0.38%
ITW	D	-0.33%
SMCI	D	-0.3%
WSM	A	-0.23%
POWL	B	-0.17%
AMGN	B	-0.02%