PFM vs. PFIX ETF Comparison

Comparison of PowerShares Dividend Achievers (PFM) to Simplify Interest Rate Hedge ETF (PFIX)

PFM

PowerShares Dividend Achievers

PFM Description

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. 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 Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers 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

$46.30

Average Daily Volume

27,100

Number of Holdings ^*

418

* may have additional holdings in another (foreign) market

PFIX

Simplify Interest Rate Hedge ETF

PFIX Description

The investment seeks to track the performance, before fees and expenses, of the SoFi Sustainable Dividend Index. The index follows a rules-based methodology that tracks the performance of the equity securities of publicly-traded, large- and mid-capitalization U.S. and non-U.S. companies in developed markets that are selected based on a set of dividend filters focused on dividend sustainability. The adviser attempts to invest all, or substantially all, of its assets in the component securities that make up the index. The fund will invest at least 80% its net assets in dividend paying securities. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.70

Average Daily Volume

48,713

Number of Holdings ^*

107

* may have additional holdings in another (foreign) market

Performance

Period	PFM	PFIX
30 Days	2.36%	0.75%
60 Days	5.19%	-12.28%
90 Days	8.91%	-12.53%
12 Months	28.55%	-16.14%

65 Overlapping Holdings

Symbol	Grade	Weight in PFM	Weight in PFIX	Overlap
ADM	D	0.13%	0.22%	0.13%
ADP	C	0.49%	0.79%	0.49%
AEE	B	0.1%	0.14%	0.1%
AEP	C	0.23%	0.31%	0.23%
APD	B	0.28%	0.37%	0.28%
ATO	B	0.09%	0.11%	0.09%
AVGO	C	3.52%	3.86%	3.52%
BAC	D	1.33%	1.73%	1.33%
BBY	A	0.09%	0.1%	0.09%
BK	B	0.23%	0.29%	0.23%
BLK	B	0.61%	0.87%	0.61%
CHRW	B	0.06%	0.06%	0.06%
CINF	C	0.09%	0.11%	0.09%
CMCSA	C	0.69%	1.29%	0.69%
CMI	B	0.19%	0.28%	0.19%
CMS	B	0.09%	0.12%	0.09%
CSCO	B	0.92%	1.48%	0.92%
CVX	F	1.17%	2.06%	1.17%
DFS	C	0.15%	0.22%	0.15%
DTE	A	0.11%	0.17%	0.11%
EIX	B	0.14%	0.19%	0.14%
ES	B	0.1%	0.15%	0.1%
ETN	C	0.57%	0.82%	0.57%
EVRG	B	0.06%	0.07%	0.06%
FITB	B	0.13%	0.16%	0.13%
FNF	B	0.07%	0.1%	0.07%
GD	C	0.36%	0.46%	0.36%
GPC	D	0.08%	0.14%	0.08%
HSY	D	0.12%	0.22%	0.12%
JNJ	C	1.7%	2.83%	1.7%
JPM	D	2.62%	3.9%	2.62%
KR	B	0.18%	0.26%	0.18%
LHX	C	0.19%	0.29%	0.19%
LMT	A	0.6%	0.82%	0.6%
LNT	A	0.07%	0.08%	0.07%
MDLZ	C	0.43%	0.76%	0.43%
MET	B	0.24%	0.32%	0.24%
MMC	C	0.48%	0.75%	0.48%
MS	B	0.72%	0.81%	0.72%
NI	B	0.07%	0.08%	0.07%
NUE	D	0.16%	0.32%	0.16%
PAYX	C	0.21%	0.3%	0.21%
PEG	B	0.19%	0.23%	0.19%
PFG	B	0.09%	0.14%	0.09%
PG	C	1.77%	2.82%	1.77%
PKG	B	0.08%	0.1%	0.08%
PLD	C	0.51%	0.91%	0.51%
PNC	C	0.32%	0.43%	0.32%
PSX	F	0.23%	0.45%	0.23%
QCOM	D	0.81%	1.27%	0.81%
RF	B	0.09%	0.12%	0.09%
RSG	D	0.28%	0.28%	0.28%
SNA	B	0.06%	0.1%	0.06%
SO	B	0.43%	0.55%	0.43%
SRE	B	0.23%	0.33%	0.23%
STT	B	0.12%	0.16%	0.12%
TROW	C	0.11%	0.17%	0.11%
TRV	C	0.24%	0.38%	0.24%
TXN	B	0.81%	1.13%	0.81%
UPS	D	0.41%	0.81%	0.41%
USB	C	0.31%	0.45%	0.31%
VZ	A	0.82%	1.26%	0.82%
WEC	B	0.13%	0.18%	0.13%
XEL	B	0.15%	0.25%	0.15%
XOM	D	2.26%	3.19%	2.26%

PFM Overweight 353 Positions Relative to PFIX

Symbol	Grade	Weight
MSFT	C	4.06%
AAPL	C	3.92%
WMT	B	2.82%
UNH	C	2.31%
V	C	1.98%
ORCL	B	1.98%
MA	B	1.94%
COST	C	1.74%
HD	B	1.73%
ABBV	B	1.49%
KO	B	1.34%
MRK	F	1.27%
PEP	D	1.01%
LIN	B	0.99%
MCD	B	0.94%
ACN	C	0.92%
IBM	B	0.88%
ABT	C	0.86%
DHR	B	0.86%
PM	C	0.82%
CAT	B	0.81%
INTU	D	0.78%
AMGN	D	0.77%
NEE	B	0.75%
PFE	D	0.73%
SPGI	C	0.7%
RTX	B	0.69%
GS	B	0.68%
LOW	B	0.66%
UNP	D	0.66%
SYK	C	0.6%
HON	C	0.58%
ELV	D	0.53%
CB	B	0.51%
MDT	B	0.5%
ADI	C	0.49%
AMT	C	0.48%
SBUX	C	0.47%
NKE	D	0.46%
KLAC	D	0.45%
BMY	C	0.45%
SHW	B	0.42%
ICE	C	0.4%
DUK	B	0.39%
TT	B	0.38%
MCO	C	0.38%
MO	C	0.38%
ZTS	B	0.38%
CL	C	0.37%
CTAS	C	0.36%
WM	D	0.36%
NOC	B	0.34%
CME	B	0.34%
APH	C	0.34%
MSI	B	0.33%
AON	B	0.33%
MMM	B	0.33%
ITW	B	0.33%
ECL	B	0.32%
TGT	C	0.31%
BDX	D	0.3%
CSX	C	0.29%
EPD	C	0.28%
AJG	D	0.27%
MCK	F	0.27%
ROP	C	0.26%
EMR	D	0.26%
AFL	A	0.26%
O	B	0.24%
TFC	D	0.24%
ALL	C	0.22%
GWW	B	0.22%
KMB	C	0.21%
TEL	D	0.2%
AMP	B	0.2%
MPLX	B	0.2%
NDAQ	C	0.19%
PRU	C	0.19%
A	C	0.18%
FAST	C	0.18%
MCHP	D	0.18%
EXR	C	0.17%
GLW	B	0.17%
RMD	C	0.16%
HUM	F	0.16%
SYY	C	0.16%
HIG	B	0.15%
HPQ	C	0.15%
ED	B	0.15%
LYB	D	0.14%
XYL	C	0.14%
VMC	C	0.14%
BRO	C	0.13%
ROK	D	0.13%
TSCO	B	0.13%
PPG	C	0.13%
CDW	D	0.13%
CAH	C	0.12%
K	A	0.12%
AWK	C	0.12%
BR	C	0.11%
CHD	C	0.11%
ERIE	B	0.11%
RJF	C	0.11%
DOV	B	0.11%
LII	C	0.1%
WST	D	0.1%
HUBB	B	0.1%
STE	B	0.1%
CSL	B	0.09%
CLX	C	0.09%
BAH	B	0.09%
MKC	C	0.09%
ARE	C	0.09%
CBOE	C	0.09%
WRB	D	0.09%
TSN	D	0.08%
WSO	C	0.08%
AVY	C	0.08%
FDS	C	0.08%
JBHT	D	0.08%
EXPD	B	0.08%
MAS	B	0.08%
WLK	C	0.08%
MAA	C	0.08%
ESS	C	0.08%
STLD	C	0.08%
WSM	C	0.08%
UDR	C	0.07%
KEY	C	0.07%
RS	D	0.07%
RPM	B	0.07%
IEX	C	0.07%
SWK	B	0.07%
DGX	B	0.07%
HRL	F	0.07%
EMN	B	0.06%
REG	C	0.06%
AES	C	0.06%
ELS	D	0.06%
MORN	C	0.06%
CASY	D	0.06%
RNR	B	0.06%
FIX	B	0.06%
POOL	C	0.06%
GGG	C	0.06%
RGA	C	0.06%
CE	D	0.06%
HEI	C	0.06%
NDSN	C	0.06%
DPZ	D	0.06%
WTRG	D	0.05%
ALB	D	0.05%
UNM	B	0.05%
LECO	D	0.05%
BEN	F	0.05%
RRX	C	0.05%
REXR	C	0.05%
AFG	C	0.05%
SCI	C	0.05%
IPG	C	0.05%
ITT	B	0.05%
CUBE	C	0.05%
SJM	C	0.05%
JKHY	B	0.05%
SSD	C	0.04%
UFPI	C	0.04%
OGE	B	0.04%
AIT	B	0.04%
ENSG	D	0.04%
LAD	B	0.04%
NNN	B	0.04%
DCI	C	0.04%
INGR	B	0.04%
CHE	C	0.04%
SEIC	B	0.04%
TTC	F	0.04%
EGP	C	0.04%
PRI	B	0.04%
ORI	B	0.04%
RGLD	C	0.04%
GL	D	0.04%
CHDN	D	0.04%
MKTX	D	0.04%
EVR	B	0.04%
PNW	C	0.04%
HII	F	0.04%
AIZ	B	0.04%
ATR	B	0.04%
AOS	B	0.04%
THO	C	0.03%
TKR	C	0.03%
CBT	B	0.03%
LFUS	C	0.03%
BMI	B	0.03%
R	C	0.03%
TRNO	D	0.03%
FAF	B	0.03%
AXS	B	0.03%
OSK	F	0.03%
BOKF	C	0.03%
PB	D	0.03%
ZION	D	0.03%
RLI	B	0.03%
AGCO	D	0.03%
MSA	D	0.03%
RHI	D	0.03%
STAG	D	0.03%
WTFC	C	0.03%
CFR	C	0.03%
WBA	F	0.03%
SSB	C	0.03%
FR	C	0.03%
ADC	C	0.03%
CBSH	D	0.03%
WDFC	C	0.02%
NWE	A	0.02%
POWI	F	0.02%
BANF	C	0.02%
CCOI	C	0.02%
GFF	C	0.02%
MAN	C	0.02%
PRGO	F	0.02%
SR	B	0.02%
IBOC	D	0.02%
CNO	C	0.02%
KAI	C	0.02%
BKH	B	0.02%
ASH	F	0.02%
AGO	D	0.02%
FUL	D	0.02%
AVNT	B	0.02%
NJR	C	0.02%
DDS	D	0.02%
OZK	F	0.02%
FELE	B	0.02%
PII	D	0.02%
POR	B	0.02%
AVT	B	0.02%
CNS	B	0.02%
FLO	C	0.02%
GATX	D	0.02%
LANC	F	0.02%
MATX	B	0.02%
UBSI	D	0.02%
AL	C	0.02%
UMBF	C	0.02%
UGI	B	0.02%
IDA	B	0.02%
SWX	C	0.02%
SON	D	0.02%
NXST	D	0.02%
THG	C	0.02%
FFIN	C	0.02%
HOMB	D	0.02%
SLGN	B	0.02%
SIGI	D	0.02%
NFG	B	0.02%
MDU	B	0.02%
BC	C	0.02%
WTS	C	0.02%
BCPC	C	0.02%
EXPO	B	0.02%
CADE	C	0.02%
SCVL	C	0.01%
TR	C	0.01%
WABC	D	0.01%
UVV	D	0.01%
LNN	C	0.01%
CSGS	C	0.01%
TCBK	D	0.01%
HMN	C	0.01%
APOG	B	0.01%
SRCE	D	0.01%
NWN	B	0.01%
STBA	D	0.01%
AGM	D	0.01%
ANDE	D	0.01%
LKFN	D	0.01%
SCL	D	0.01%
CHCO	D	0.01%
GTY	C	0.01%
WSBC	D	0.01%
TNC	D	0.01%
SYBT	C	0.01%
SJW	F	0.01%
DKL	D	0.01%
HI	F	0.01%
NHC	D	0.01%
LMAT	B	0.01%
NBTB	D	0.01%
SXI	C	0.01%
FRME	D	0.01%
MTRN	D	0.01%
WOR	F	0.01%
TOWN	D	0.01%
HNI	C	0.01%
HWKN	B	0.01%
INDB	D	0.01%
SFNC	C	0.01%
CPK	B	0.01%
TRN	C	0.01%
WAFD	D	0.01%
IOSP	F	0.01%
ABR	B	0.01%
KWR	D	0.01%
AVA	B	0.01%
WSFS	D	0.01%
AWR	C	0.01%
CWT	D	0.01%
CBU	D	0.01%
FIBK	C	0.01%
ABM	D	0.01%
ASB	D	0.01%
NSP	F	0.01%
JJSF	B	0.01%
MGEE	C	0.01%
OTTR	F	0.01%
AUB	D	0.01%
BRC	B	0.01%
FLIC	C	0.0%
BMRC	D	0.0%
JOUT	F	0.0%
ARTNA	F	0.0%
ODC	D	0.0%
HVT	F	0.0%
CTO	D	0.0%
AROW	D	0.0%
THFF	D	0.0%
HIFS	D	0.0%
YORW	D	0.0%
WASH	C	0.0%
CASS	D	0.0%
SMBC	C	0.0%
PLOW	C	0.0%
UHT	C	0.0%
GSBC	D	0.0%
HBNC	D	0.0%
MBWM	D	0.0%
MATW	F	0.0%
HFWA	D	0.0%
SPTN	C	0.0%
FCBC	D	0.0%
PFC	D	0.0%
TMP	D	0.0%
MNRO	C	0.0%
HY	F	0.0%
CTBI	D	0.0%
AMSF	C	0.0%
GRC	D	0.0%
SBSI	D	0.0%
GABC	D	0.0%
MSEX	C	0.0%

PFM Underweight 42 Positions Relative to PFIX

Symbol	Grade	Weight
TM	D	-1.97%
NVS	C	-1.56%
COP	F	-1.01%
TD	C	-0.83%
C	C	-0.77%
CVS	D	-0.76%
GILD	B	-0.66%
HMC	D	-0.45%
STLA	F	-0.43%
NSC	C	-0.42%
PCAR	D	-0.42%
VLO	F	-0.36%
AIG	D	-0.34%
OKE	C	-0.31%
JCI	B	-0.29%
GIS	B	-0.28%
EXC	B	-0.27%
E	D	-0.26%
FANG	F	-0.23%
VICI	C	-0.22%
BCS	B	-0.22%
AVB	C	-0.19%
MTB	C	-0.15%
DRI	C	-0.14%
ETR	A	-0.14%
HBAN	B	-0.13%
GRMN	D	-0.13%
OMC	B	-0.13%
HPE	C	-0.13%
SWKS	F	-0.12%
SYF	C	-0.12%
HST	D	-0.11%
NTRS	C	-0.11%
VTRS	D	-0.11%
CCEP	C	-0.1%
IP	C	-0.09%
AMCR	B	-0.09%
EG	B	-0.09%
CAG	B	-0.09%
MOS	F	-0.07%
CPB	C	-0.06%
FRO	D	-0.02%