PFM vs. VTV ETF Comparison

Comparison of PowerShares Dividend Achievers (PFM) to Vanguard Value ETF - DNQ (VTV)

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

$47.68

Average Daily Volume

24,412

Number of Holdings ^*

416

* may have additional holdings in another (foreign) market

VTV

Vanguard Value ETF - DNQ

VTV Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Large Cap Value Index, a broadly diversified index predominantly made up of value stocks of large U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$180.08

Average Daily Volume

1,667,169

Number of Holdings ^*

331

* may have additional holdings in another (foreign) market

Performance

Period	PFM	VTV
30 Days	2.19%	2.63%
60 Days	2.87%	3.86%
90 Days	5.56%	6.18%
12 Months	26.89%	30.21%

157 Overlapping Holdings

Symbol	Grade	Weight in PFM	Weight in VTV	Overlap
A	D	0.16%	0.18%	0.16%
ABBV	D	1.27%	1.66%	1.27%
ABT	B	0.88%	0.91%	0.88%
ACN	C	0.95%	0.5%	0.5%
ADI	D	0.45%	0.51%	0.45%
ADM	D	0.11%	0.12%	0.11%
AEE	A	0.11%	0.11%	0.11%
AEP	D	0.22%	0.24%	0.22%
AFL	B	0.27%	0.27%	0.27%
AJG	B	0.28%	0.28%	0.28%
ALB	C	0.05%	0.03%	0.03%
ALL	A	0.23%	0.23%	0.23%
AMGN	D	0.65%	0.79%	0.65%
AMP	A	0.24%	0.23%	0.23%
AON	A	0.36%	0.18%	0.18%
APD	A	0.32%	0.32%	0.32%
ARE	D	0.08%	0.09%	0.08%
AVGO	D	3.32%	1.83%	1.83%
AVY	D	0.07%	0.08%	0.07%
AWK	D	0.11%	0.12%	0.11%
BAC	A	1.56%	1.35%	1.35%
BBY	D	0.08%	0.08%	0.08%
BDX	F	0.28%	0.31%	0.28%
BEN	C	0.05%	0.02%	0.02%
BK	A	0.25%	0.26%	0.25%
BLK	C	0.67%	0.64%	0.64%
BMY	B	0.5%	0.52%	0.5%
CAH	B	0.13%	0.12%	0.12%
CAT	B	0.81%	0.84%	0.81%
CB	C	0.5%	0.5%	0.5%
CBOE	B	0.09%	0.1%	0.09%
CDW	F	0.1%	0.12%	0.1%
CINF	A	0.1%	0.1%	0.1%
CL	D	0.33%	0.18%	0.18%
CLX	B	0.09%	0.09%	0.09%
CMCSA	B	0.72%	0.78%	0.72%
CME	A	0.35%	0.37%	0.35%
CMI	A	0.21%	0.21%	0.21%
CMS	C	0.09%	0.1%	0.09%
COR	B	0.21%	0.19%	0.19%
CSCO	B	1.0%	0.92%	0.92%
CSX	B	0.29%	0.3%	0.29%
CVX	A	1.27%	1.2%	1.2%
DFS	B	0.19%	0.17%	0.17%
DGX	A	0.08%	0.08%	0.08%
DHR	F	0.72%	0.74%	0.72%
DOV	A	0.12%	0.12%	0.12%
DTE	C	0.11%	0.1%	0.1%
DUK	C	0.38%	0.41%	0.38%
ED	D	0.14%	0.16%	0.14%
EIX	B	0.14%	0.15%	0.14%
ELV	F	0.4%	0.43%	0.4%
EMR	A	0.32%	0.29%	0.29%
ES	D	0.1%	0.11%	0.1%
ESS	B	0.08%	0.08%	0.08%
ETN	A	0.62%	0.61%	0.61%
EVRG	A	0.06%	0.03%	0.03%
EXPD	D	0.07%	0.08%	0.07%
EXR	D	0.15%	0.16%	0.15%
FITB	A	0.14%	0.14%	0.14%
FNF	B	0.07%	0.07%	0.07%
GD	F	0.34%	0.31%	0.31%
GLW	B	0.17%	0.17%	0.17%
GPC	D	0.07%	0.07%	0.07%
GS	A	0.8%	0.74%	0.74%
HD	A	1.76%	1.81%	1.76%
HIG	B	0.15%	0.15%	0.15%
HON	B	0.64%	0.62%	0.62%
HPQ	B	0.16%	0.16%	0.16%
HRL	D	0.07%	0.04%	0.04%
HUBB	B	0.1%	0.05%	0.05%
HUM	C	0.14%	0.14%	0.14%
IBM	C	0.83%	0.88%	0.83%
ICE	C	0.39%	0.41%	0.39%
ITW	B	0.35%	0.34%	0.34%
JNJ	D	1.61%	1.78%	1.61%
JPM	A	3.01%	2.92%	2.92%
KEY	B	0.08%	0.07%	0.07%
KMB	D	0.2%	0.21%	0.2%
KO	D	1.15%	1.17%	1.15%
KR	B	0.18%	0.14%	0.14%
LHX	C	0.2%	0.22%	0.2%
LMT	D	0.55%	0.6%	0.55%
LNT	A	0.07%	0.07%	0.07%
LOW	D	0.66%	0.69%	0.66%
LYB	F	0.12%	0.1%	0.1%
MAA	B	0.08%	0.08%	0.08%
MAS	D	0.07%	0.08%	0.07%
MCHP	D	0.15%	0.18%	0.15%
MCK	B	0.34%	0.3%	0.3%
MDLZ	F	0.37%	0.42%	0.37%
MDT	D	0.48%	0.53%	0.48%
MET	A	0.25%	0.22%	0.22%
MKC	D	0.08%	0.09%	0.08%
MMC	B	0.48%	0.5%	0.48%
MMM	D	0.31%	0.33%	0.31%
MO	A	0.41%	0.43%	0.41%
MRK	F	1.06%	1.2%	1.06%
MS	A	0.94%	0.65%	0.65%
MSI	B	0.35%	0.17%	0.17%
NDAQ	A	0.2%	0.16%	0.16%
NEE	D	0.68%	0.71%	0.68%
NI	A	0.07%	0.04%	0.04%
NKE	D	0.39%	0.21%	0.21%
NOC	D	0.31%	0.34%	0.31%
NUE	C	0.15%	0.16%	0.15%
O	D	0.21%	0.12%	0.12%
ORCL	B	2.21%	1.28%	1.28%
PEG	A	0.19%	0.21%	0.19%
PEP	F	0.94%	1.05%	0.94%
PFE	D	0.61%	0.74%	0.61%
PFG	D	0.09%	0.09%	0.09%
PG	A	1.73%	1.79%	1.73%
PKG	A	0.09%	0.1%	0.09%
PLD	D	0.46%	0.48%	0.46%
PM	B	0.88%	0.95%	0.88%
PNC	B	0.35%	0.35%	0.35%
POOL	C	0.06%	0.03%	0.03%
PPG	F	0.12%	0.13%	0.12%
PRU	A	0.2%	0.2%	0.2%
PSX	C	0.24%	0.24%	0.24%
QCOM	F	0.79%	0.84%	0.79%
RF	A	0.1%	0.1%	0.1%
RJF	A	0.15%	0.13%	0.13%
ROK	B	0.14%	0.14%	0.14%
RSG	A	0.28%	0.19%	0.19%
RTX	C	0.69%	0.74%	0.69%
SNA	A	0.08%	0.08%	0.08%
SO	D	0.42%	0.46%	0.42%
SRE	A	0.25%	0.24%	0.24%
STE	F	0.09%	0.05%	0.05%
STLD	B	0.09%	0.04%	0.04%
STT	A	0.12%	0.12%	0.12%
SWK	D	0.06%	0.07%	0.06%
SYY	B	0.16%	0.17%	0.16%
TFC	A	0.27%	0.27%	0.27%
TGT	F	0.31%	0.32%	0.31%
TROW	B	0.11%	0.11%	0.11%
TRV	B	0.26%	0.26%	0.26%
TSCO	D	0.13%	0.07%	0.07%
TSN	B	0.08%	0.08%	0.08%
TT	A	0.4%	0.39%	0.39%
UDR	B	0.06%	0.03%	0.03%
UNH	C	2.35%	2.41%	2.35%
UNP	C	0.62%	0.65%	0.62%
UPS	C	0.43%	0.45%	0.43%
USB	A	0.34%	0.35%	0.34%
VZ	C	0.77%	0.74%	0.74%
WBA	F	0.03%	0.02%	0.02%
WEC	A	0.13%	0.14%	0.13%
WLK	D	0.07%	0.01%	0.01%
WM	A	0.38%	0.4%	0.38%
WMT	A	2.92%	1.67%	1.67%
WRB	A	0.1%	0.08%	0.08%
XEL	A	0.17%	0.17%	0.17%
XOM	B	2.31%	2.4%	2.31%
XYL	D	0.13%	0.14%	0.13%

PFM Overweight 259 Positions Relative to VTV

Symbol	Grade	Weight
MSFT	F	3.91%
AAPL	C	3.9%
V	A	2.25%
MA	C	2.06%
COST	B	1.76%
LIN	D	0.93%
MCD	D	0.9%
TXN	C	0.82%
INTU	C	0.82%
SPGI	C	0.68%
SYK	C	0.64%
ADP	B	0.53%
SBUX	A	0.49%
SHW	A	0.41%
AMT	D	0.4%
CTAS	B	0.38%
APH	A	0.37%
MCO	B	0.37%
KLAC	D	0.36%
ZTS	D	0.35%
ECL	D	0.3%
EPD	A	0.29%
ROP	B	0.26%
GWW	B	0.25%
PAYX	C	0.22%
MPLX	A	0.21%
FAST	B	0.2%
VMC	B	0.16%
RMD	C	0.15%
BRO	B	0.13%
BR	A	0.12%
CHD	B	0.12%
HSY	F	0.11%
WST	C	0.1%
ATO	A	0.1%
CSL	C	0.09%
LII	A	0.09%
RPM	A	0.08%
BAH	F	0.08%
FDS	B	0.08%
WSO	A	0.08%
JBHT	C	0.08%
ERIE	D	0.08%
GGG	B	0.07%
RGA	A	0.07%
DPZ	C	0.07%
FIX	A	0.07%
WSM	B	0.07%
RS	B	0.07%
IEX	B	0.07%
CHRW	C	0.06%
ELS	C	0.06%
UNM	A	0.06%
REG	B	0.06%
RNR	C	0.06%
MORN	B	0.06%
NDSN	B	0.06%
HEI	B	0.06%
CASY	A	0.06%
SEIC	B	0.05%
WTRG	B	0.05%
CUBE	D	0.05%
ATR	B	0.05%
EVR	B	0.05%
RRX	B	0.05%
AIZ	A	0.05%
AFG	A	0.05%
SJM	D	0.05%
LECO	B	0.05%
EMN	D	0.05%
ITT	A	0.05%
SCI	B	0.05%
JKHY	D	0.05%
ENSG	D	0.04%
EGP	F	0.04%
CHE	D	0.04%
TTC	D	0.04%
OGE	B	0.04%
ZION	B	0.04%
AOS	F	0.04%
WTFC	A	0.04%
CFR	B	0.04%
INGR	B	0.04%
DCI	B	0.04%
REXR	F	0.04%
CBSH	A	0.04%
RGLD	C	0.04%
AES	F	0.04%
ORI	A	0.04%
GL	B	0.04%
MKTX	D	0.04%
LAD	A	0.04%
AIT	A	0.04%
CHDN	B	0.04%
PRI	A	0.04%
PNW	B	0.04%
IPG	D	0.04%
THG	A	0.03%
TRNO	F	0.03%
THO	B	0.03%
FFIN	B	0.03%
UMBF	B	0.03%
SIGI	C	0.03%
LFUS	F	0.03%
IDA	A	0.03%
CBT	C	0.03%
HOMB	A	0.03%
BMI	B	0.03%
STAG	F	0.03%
MSA	D	0.03%
FAF	A	0.03%
CADE	B	0.03%
FR	C	0.03%
AGCO	D	0.03%
R	B	0.03%
OSK	B	0.03%
AXS	A	0.03%
BOKF	B	0.03%
SSD	D	0.03%
ADC	B	0.03%
RHI	B	0.03%
HII	D	0.03%
NNN	D	0.03%
PB	A	0.03%
SSB	B	0.03%
UFPI	B	0.03%
RLI	B	0.03%
WSFS	A	0.02%
CBU	B	0.02%
PRGO	B	0.02%
SR	A	0.02%
PII	D	0.02%
MGEE	C	0.02%
GFF	A	0.02%
AUB	B	0.02%
MDU	D	0.02%
CCOI	B	0.02%
WDFC	B	0.02%
ASH	D	0.02%
BANF	B	0.02%
ASB	B	0.02%
FUL	F	0.02%
CNO	A	0.02%
BKH	A	0.02%
IBOC	A	0.02%
AVNT	B	0.02%
FLO	D	0.02%
POR	C	0.02%
KAI	A	0.02%
NJR	A	0.02%
AVT	C	0.02%
EXPO	D	0.02%
FELE	B	0.02%
LANC	C	0.02%
SON	D	0.02%
CNS	B	0.02%
NXST	C	0.02%
AGO	B	0.02%
UGI	A	0.02%
TKR	D	0.02%
MATX	C	0.02%
AL	B	0.02%
GATX	A	0.02%
DDS	B	0.02%
OZK	B	0.02%
BC	C	0.02%
SWX	B	0.02%
UBSI	B	0.02%
BCPC	B	0.02%
WTS	B	0.02%
NFG	A	0.02%
SLGN	A	0.02%
MSEX	B	0.01%
GABC	B	0.01%
TR	B	0.01%
UVV	B	0.01%
LNN	B	0.01%
WABC	B	0.01%
NWN	A	0.01%
CSGS	B	0.01%
TCBK	B	0.01%
STBA	B	0.01%
SRCE	B	0.01%
ANDE	D	0.01%
TNC	D	0.01%
HMN	B	0.01%
DKL	C	0.01%
SCL	C	0.01%
GTY	B	0.01%
SJW	D	0.01%
APOG	B	0.01%
LKFN	B	0.01%
NHC	C	0.01%
CHCO	B	0.01%
AGM	C	0.01%
WOR	F	0.01%
WSBC	A	0.01%
SYBT	B	0.01%
HI	C	0.01%
NBTB	B	0.01%
LMAT	A	0.01%
MTRN	C	0.01%
SXI	B	0.01%
HNI	B	0.01%
FRME	B	0.01%
TOWN	B	0.01%
HWKN	B	0.01%
NSP	D	0.01%
ABR	C	0.01%
CPK	A	0.01%
CWT	D	0.01%
WAFD	B	0.01%
IOSP	B	0.01%
MAN	D	0.01%
AVA	A	0.01%
INDB	B	0.01%
SFNC	B	0.01%
TRN	C	0.01%
KWR	C	0.01%
AWR	B	0.01%
BRC	D	0.01%
JJSF	B	0.01%
OTTR	C	0.01%
NWE	B	0.01%
POWI	D	0.01%
FIBK	A	0.01%
ABM	B	0.01%
JOUT	D	0.0%
FLIC	B	0.0%
ARTNA	D	0.0%
HVT	D	0.0%
ODC	C	0.0%
BMRC	B	0.0%
CTO	B	0.0%
YORW	D	0.0%
AROW	B	0.0%
UHT	D	0.0%
THFF	B	0.0%
PLOW	D	0.0%
HIFS	B	0.0%
CASS	B	0.0%
SPTN	D	0.0%
WASH	C	0.0%
MATW	C	0.0%
GSBC	B	0.0%
SMBC	B	0.0%
HY	D	0.0%
MBWM	B	0.0%
HBNC	B	0.0%
MNRO	D	0.0%
FCBC	B	0.0%
HFWA	B	0.0%
SCVL	F	0.0%
PFC	A	0.0%
GRC	A	0.0%
SBSI	B	0.0%
CTBI	B	0.0%
TMP	B	0.0%
AMSF	B	0.0%

PFM Underweight 174 Positions Relative to VTV

Symbol	Grade	Weight
BRK.A	B	-3.15%
WFC	A	-1.02%
TMO	F	-0.96%
T	A	-0.75%
PGR	A	-0.66%
BRK.A	B	-0.65%
AXP	A	-0.62%
COP	C	-0.59%
C	A	-0.53%
MU	D	-0.51%
GILD	C	-0.51%
DE	A	-0.49%
SCHW	B	-0.49%
REGN	F	-0.42%
KKR	A	-0.42%
CI	F	-0.41%
GE	D	-0.41%
DIS	B	-0.4%
PH	A	-0.38%
INTC	D	-0.38%
CEG	D	-0.38%
PYPL	B	-0.37%
CVS	D	-0.33%
EOG	A	-0.32%
FCX	D	-0.3%
HCA	F	-0.3%
CARR	D	-0.29%
WMB	A	-0.29%
FDX	B	-0.28%
DLR	B	-0.27%
COF	B	-0.27%
OKE	A	-0.26%
NSC	B	-0.26%
FI	A	-0.26%
GM	B	-0.26%
URI	B	-0.25%
PCAR	B	-0.25%
PSA	D	-0.24%
NEM	D	-0.24%
SPG	B	-0.24%
AIG	B	-0.23%
FIS	C	-0.23%
JCI	C	-0.23%
DHI	D	-0.23%
D	C	-0.23%
CCI	D	-0.22%
MPC	D	-0.22%
KMI	A	-0.21%
PCG	A	-0.2%
AME	A	-0.2%
LEN	D	-0.2%
VST	B	-0.2%
KVUE	A	-0.2%
CBRE	B	-0.19%
F	C	-0.19%
LNG	B	-0.19%
CTVA	C	-0.19%
STZ	D	-0.18%
IR	B	-0.18%
EXC	C	-0.18%
OTIS	C	-0.18%
VLO	C	-0.18%
EA	A	-0.18%
KDP	D	-0.17%
IRM	D	-0.17%
CTSH	B	-0.17%
DAL	C	-0.17%
GIS	D	-0.17%
GEHC	F	-0.17%
DELL	C	-0.16%
DOW	F	-0.16%
ACGL	D	-0.16%
IQV	D	-0.16%
AVB	B	-0.15%
OXY	D	-0.15%
MTB	A	-0.15%
CNC	D	-0.15%
WAB	B	-0.15%
VICI	C	-0.15%
ETR	B	-0.15%
ON	D	-0.14%
CHTR	C	-0.14%
GRMN	B	-0.14%
WTW	B	-0.14%
DD	D	-0.14%
VTR	C	-0.13%
EBAY	D	-0.13%
SLB	C	-0.13%
FTV	C	-0.12%
HPE	B	-0.12%
BIIB	F	-0.12%
EQR	B	-0.12%
IFF	D	-0.12%
UAL	A	-0.12%
KEYS	A	-0.12%
KHC	F	-0.12%
GPN	B	-0.12%
NVR	D	-0.12%
PHM	D	-0.12%
PPL	B	-0.11%
FE	C	-0.11%
NTAP	C	-0.11%
DVN	F	-0.11%
CCL	B	-0.1%
TDY	B	-0.1%
CPAY	A	-0.1%
ZBH	C	-0.1%
SYF	B	-0.1%
K	A	-0.1%
WDC	D	-0.1%
RCL	A	-0.1%
HBAN	A	-0.1%
WY	D	-0.1%
HOLX	D	-0.09%
MOH	F	-0.09%
BKR	B	-0.09%
MKL	A	-0.09%
DRI	B	-0.09%
LH	C	-0.09%
CNP	B	-0.09%
NTRS	A	-0.09%
IP	B	-0.09%
TRU	D	-0.09%
ZBRA	B	-0.09%
OMC	C	-0.09%
J	F	-0.08%
DG	F	-0.08%
ZM	B	-0.08%
WBD	C	-0.08%
CFG	B	-0.08%
BALL	D	-0.08%
MLM	B	-0.08%
BAX	D	-0.08%
INVH	D	-0.08%
LUV	C	-0.08%
AVTR	F	-0.07%
CVNA	B	-0.07%
SSNC	B	-0.07%
RVTY	F	-0.07%
L	A	-0.07%
TRMB	B	-0.07%
CF	B	-0.07%
TXT	D	-0.07%
GEN	B	-0.07%
AKAM	D	-0.07%
EG	C	-0.07%
MRO	B	-0.07%
VLTO	D	-0.06%
WPC	D	-0.06%
LDOS	C	-0.06%
DLTR	F	-0.06%
NWSA	B	-0.06%
CE	F	-0.06%
VTRS	A	-0.06%
CAG	D	-0.06%
SWKS	F	-0.06%
RPRX	D	-0.05%
STX	D	-0.05%
HAL	C	-0.05%
GDDY	A	-0.05%
EL	F	-0.04%
DOC	D	-0.04%
IBKR	A	-0.04%
CTRA	B	-0.04%
CPB	D	-0.04%
FOXA	B	-0.04%
ALGN	D	-0.03%
CRBG	B	-0.03%
MGM	D	-0.02%
FOX	A	-0.02%
RKT	F	-0.01%
AGR	B	-0.01%
NWS	B	-0.0%
LEN	D	-0.0%