PIO vs. OCFS ETF Comparison

Comparison of PowerShares Global Water Portfolio (PIO) to Professionally Managed Portfolios Otter Creek Focus Strategy ETF (OCFS)

PIO

PowerShares Global Water Portfolio

PIO Description

The PowerShares Global Water Portfolio (Fund) is based on the NASDAQ OMX Global Water Index. The Fund generally will invest at least 90% of its total assets in companies listed on a global exchange that create products designed to conserve and purify water for homes, businesses and industries. The Fund and the Index are rebalanced quarterly and reconstituted annually in April.

Grade (RS Rating)

Last Trade

$40.86

Average Daily Volume

9,589

Number of Holdings ^*

* may have additional holdings in another (foreign) market

OCFS

Professionally Managed Portfolios Otter Creek Focus Strategy ETF

OCFS Description

The fund is an actively-managed ETF that invests in U.S.-listed equity securities of small- and mid-capitalization companies. The fund invests primarily in publicly traded stocks of U.S. companies which the Advisor considers to have a small to mid-size market capitalization. The fund may invest up to 20% of its total assets in U.S. dollar denominated foreign equity securities, including through American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") issued by U.S. depository banks, which are traded on U.S. exchanges.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

1,237

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PIO	OCFS
30 Days	-1.18%	0.57%
60 Days	-3.20%	5.02%
90 Days	-2.88%	9.91%
12 Months	14.98%

1 Overlapping Holdings

	Symbol	Grade	Weight in PIO	Weight in OCFS	Overlap
	VLTO	C	3.58%	3.22%	3.22%

PIO Overweight 11 Positions Relative to OCFS

Symbol	Grade	Weight
PNR	A	9.8%
ROP	B	8.36%
ECL	D	8.03%
WAT	C	3.76%
XYL	D	3.62%
AWK	C	2.95%
IEX	C	2.91%
CNM	D	2.64%
WMS	F	1.91%
AOS	F	1.72%
CWCO	C	0.25%

PIO Underweight 19 Positions Relative to OCFS

Symbol	Grade	Weight
VRT	B	-9.08%
COHR	B	-6.28%
PSN	D	-5.86%
PWR	A	-5.36%
DT	D	-4.61%
FLEX	B	-4.5%
GLW	B	-4.44%
MMM	D	-4.42%
LHX	C	-4.28%
BRO	B	-3.78%
CLH	C	-3.6%
TTEK	F	-3.47%
WRB	A	-3.46%
PTC	B	-3.25%
GEHC	D	-3.17%
NDAQ	A	-3.05%
AVTR	F	-3.01%
HUBB	B	-2.05%
CMPO	B	-1.84%

PIO: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Water Diagnostics & Research Industrial Distribution Pollution & Treatment Controls Rubber & Plastics Specialty Chemicals