PGX vs. JHPI ETF Comparison

Comparison of PowerShares Preferred Portfolio (PGX) to John Hancock Preferred Income ETF (JHPI)

PGX

PowerShares Preferred Portfolio

PGX Description

The PowerShares Preferred Portfolio is based on The BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. The Fund will normally invest at least 80% of its total assets in fixed rate US dollar-denominated preferred securities that comprise the Index. The Index tracks the performance of fixed rate US dollar-denominated preferred securities issued in the US domestic market. (Securities must be rated at least B3, based on an average of three leading ratings agencies: Moodyâs, S&P and Fitch) and must have an investment-grade country risk profile (based on an average of Moodyâs, S&P and Fitch foreign currency long-term sovereign debt ratings). The Fund and the Index are rebalanced and reconstituted on a monthly basis.

Grade (RS Rating)

Last Trade

$11.40

Average Daily Volume

3,739,279

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JHPI

John Hancock Preferred Income ETF

JHPI Description

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Grade (RS Rating)

Last Trade

$21.90

Average Daily Volume

7,384

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PGX	JHPI
30 Days	-4.21%	-1.91%
60 Days	-2.93%	-0.04%
90 Days	-1.98%	1.02%
12 Months	5.05%	10.60%

10 Overlapping Holdings

Symbol	Grade	Weight in PGX	Weight in JHPI	Overlap
AFGC	C	0.17%	0.52%	0.17%
CMSA	D	0.19%	0.79%	0.19%
CMSC	D	0.27%	0.2%	0.2%
CMSD	D	0.59%	1.25%	0.59%
DTW	D	0.36%	0.89%	0.36%
ESGRP	B	0.41%	0.45%	0.41%
NRUC	B	0.24%	0.22%	0.22%
SREA	D	0.71%	1.33%	0.71%
UNMA	D	0.29%	0.61%	0.29%
UZE	D	0.35%	0.39%	0.35%

PGX Overweight 33 Positions Relative to JHPI

Symbol	Grade	Weight
T	C	1.35%
TBB	D	1.18%
SOJD	D	0.86%
TBC	D	0.78%
RZC	B	0.74%
PRS	D	0.54%
DUKB	D	0.46%
SOJC	D	0.41%
PFH	C	0.38%
RZB	D	0.38%
BPYPM	A	0.37%
ACGLO	D	0.29%
WTFCP	A	0.28%
MGR	C	0.26%
CTDD	F	0.26%
GPJA	D	0.24%
EAI	D	0.24%
ELC	D	0.22%
OZKAP	B	0.22%
EMP	D	0.22%
AIZN	D	0.21%
ENO	C	0.21%
SFB	D	0.19%
FCNCO	C	0.16%
AFGE	C	0.15%
BPYPN	A	0.14%
BPYPO	B	0.13%
AFGD	D	0.13%
AFGB	D	0.12%
WTFCM	A	0.12%
BPYPP	A	0.11%
VLYPP	B	0.1%
BPOPM	D	0.03%

PGX Underweight 5 Positions Relative to JHPI

Symbol	Grade	Weight
AQNB	A	-1.53%
AQNU	C	-1.03%
NSS	A	-0.75%
QRTEP	C	-0.54%
VZ	D	-0.53%