PIE vs. EWT ETF Comparison

Comparison of PowerShares DWA Emerging Market Technical Leaders Portfolio (PIE) to iShares MSCI Taiwan Index Fund (EWT)

PIE

PowerShares DWA Emerging Market Technical Leaders Portfolio

PIE Description

The PowerShares DWA Emerging Markets Momentum Portfolio (Fund) is based on the Dorsey Wright® Emerging Markets Technical Leaders Index ND (Index). The Fund will normally invest at least 80% of its total assets in securities of emerging economies within Dorsey, Wright & Associates, LLC's classification definition, excluding companies listed on a US stock exchange. The Index includes approximately 100 companies that possess powerful relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Emerging Markets Technical Leaders Portfolio to PowerShares DWA Emerging Markets Momentum Portfolio.

Grade (RS Rating)

Last Trade

$19.98

Average Daily Volume

24,263

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

EWT

iShares MSCI Taiwan Index Fund

EWT Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Taiwan Index (the "underlying index"). The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks traded primarily on the Taiwan Stock Exchange. Components primarily include financial, information technology and materials companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.24

Average Daily Volume

2,914,505

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	PIE	EWT
30 Days	-2.02%	-2.45%
60 Days	-2.50%	1.35%
90 Days	-2.52%	-0.29%
12 Months	7.88%	21.66%

1 Overlapping Holdings

	Symbol	Grade	Weight in PIE	Weight in EWT	Overlap
	UMC	F	1.25%	1.4%	1.25%

PIE Overweight 5 Positions Relative to EWT

	Symbol	Grade	Weight
	NU	C	1.06%
	ERJ	B	0.99%
	BRFS	D	0.97%
	GDS	C	0.93%
	BAP	B	0.69%

PIE Underweight 1 Positions Relative to EWT

	Symbol	Grade	Weight
	CHT	D	-1.3%

PIE: Top Represented Industries & Keywords

Industries: Aerospace & Defense Banks - Diversified Banks - Regional - Latin America Data Storage Packaged Foods Semiconductors

Keywords: Banking Bank Acute Care Services Aerospace Material Alternative Payments Animal Feed Asset Management Products Aviation Services Beef Cheese Cloud Services Colocation Customer Support Services Dairy Products Data Center Debit Card Desserts E Commerce Fabless Semiconductor Companies Flour

EWT: Top Represented Industries & Keywords

Industries: Semiconductors Telecom Services

Keywords: ADSL Broadband Broadband Access Cloud Computing Communication Technology Communications Services DSL Data Services Fabless Semiconductor Companies Fiber Optics Fiber To The Premises By Country Fixed Line Network Information And Communications Technology Internet Access Internet Data Internet Data Center Internet Services Local Loop Local Telephone Local Telephone Service