PFFL vs. PCEF ETF Comparison

Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to PowerShares CEF Income Composite Portfolio (PCEF)
PFFL

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048

PFFL Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$9.65

Average Daily Volume

3,522

Number of Holdings *

2

* may have additional holdings in another (foreign) market
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

$18.75

Average Daily Volume

134,830

Number of Holdings *

108

* may have additional holdings in another (foreign) market
Performance
Period PFFL PCEF
30 Days -0.21% 2.19%
60 Days 3.88% 5.55%
90 Days -3.65% 1.83%
12 Months 9.98% 14.24%
0 Overlapping Holdings
Symbol Grade Weight in PFFL Weight in PCEF Overlap
PFFL Overweight 2 Positions Relative to PCEF
Symbol Grade Weight
PFF A 50.23%
PGX B 49.77%
PFFL Underweight 108 Positions Relative to PCEF
Symbol Grade Weight
EXG A -4.45%
JPC A -3.95%
BIGZ C -3.1%
BMEZ B -2.98%
BCAT B -2.97%
BSTZ A -2.9%
ETY A -2.68%
BDJ A -2.57%
NFJ A -2.24%
BXMX A -2.15%
ETV A -1.9%
QQQX A -1.85%
JFR B -1.75%
ETW A -1.72%
EVV A -1.68%
FPF A -1.61%
BBN A -1.49%
BCX C -1.42%
HFRO D -1.39%
EOS A -1.37%
AWF B -1.35%
PDO A -1.27%
BOE A -1.25%
HYT A -1.2%
BTZ A -1.18%
BST B -1.17%
FFC A -1.17%
FAX B -1.13%
DSL A -1.12%
JQC A -1.12%
HTD B -1.09%
CII A -1.07%
BGY A -1.04%
WIW A -1.01%
EMD A -0.96%
ETJ A -0.9%
DIAX B -0.86%
LDP A -0.84%
GHY A -0.82%
NPFD A -0.8%
EOI A -0.8%
IGD A -0.76%
NBB B -0.68%
BME B -0.67%
DFP A -0.66%
PDT A -0.65%
ISD A -0.63%
ETB A -0.63%
PHK A -0.62%
BGR C -0.61%
EAD A -0.6%
FSD A -0.6%
BHK A -0.59%
EDD B -0.58%
VVR A -0.56%
HIO B -0.54%
FRA A -0.53%
PCN B -0.53%
PFN D -0.53%
BUI B -0.52%
BLW A -0.5%
FFA A -0.47%
STK A -0.47%
BIT D -0.45%
TEI B -0.44%
FTF A -0.44%
BGH A -0.44%
SPXX A -0.44%
FCT C -0.43%
DSU A -0.43%
HIX B -0.42%
HPS A -0.42%
PPT B -0.41%
EOD A -0.4%
MCR B -0.4%
MMT A -0.4%
HPI A -0.39%
EFR A -0.39%
MIN B -0.37%
EFT A -0.36%
JGH A -0.35%
PHT A -0.33%
GBAB B -0.33%
DHF A -0.33%
DHY A -0.32%
HPF B -0.32%
MCI A -0.32%
ERC B -0.31%
IDE B -0.3%
FLC A -0.3%
BGT C -0.28%
PSF A -0.28%
PFL D -0.27%
IGA A -0.26%
BGX B -0.26%
MSD A -0.23%
HEQ A -0.22%
VBF A -0.22%
DBL A -0.22%
NHS A -0.21%
TSI A -0.2%
PCF A -0.2%
PHD A -0.18%
EHI A -0.17%
EVG B -0.17%
HYB A -0.15%
CIK B -0.14%
MCN A -0.12%
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