PKW vs. LBAY ETF Comparison

Comparison of PowerShares Buyback Achievers (PKW) to Leatherback Long/Short Alternative Yield ETF (LBAY)
PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. 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 Share Buyback Achievers Index to NASDAQ Buyback 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

$122.40

Average Daily Volume

16,267

Number of Holdings *

191

* may have additional holdings in another (foreign) market
LBAY

Leatherback Long/Short Alternative Yield ETF

LBAY Description The investment seeks capital appreciation and income. The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price. It will generally have net exposure of 75% - 110% long. The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.45

Average Daily Volume

2,577

Number of Holdings *

52

* may have additional holdings in another (foreign) market
Performance
Period PKW LBAY
30 Days 5.49% -3.99%
60 Days 8.56% -3.40%
90 Days 10.87% -2.87%
12 Months 35.24% 5.05%
7 Overlapping Holdings
Symbol Grade Weight in PKW Weight in LBAY Overlap
BERY C 0.25% 4.14% 0.25%
BKNG A 5.49% 3.37% 3.37%
CMCSA B 4.88% 4.57% 4.57%
DE B 3.61% 2.68% 2.68%
MTN C 0.22% 3.91% 0.22%
ORI A 0.32% 4.77% 0.32%
TOL B 0.5% -1.54% -1.54%
PKW Overweight 184 Positions Relative to LBAY
Symbol Grade Weight
TMUS B 5.44%
JNJ C 4.53%
LMT D 4.13%
FI A 4.0%
APP B 2.89%
PYPL B 2.83%
HCA F 2.83%
MCK A 2.61%
MAR A 2.59%
ORLY B 2.3%
CSX C 2.21%
AFL B 2.05%
HLT A 2.0%
MET A 1.91%
PSX C 1.79%
AZO C 1.77%
MPC D 1.75%
VST A 1.64%
AIG B 1.6%
VLO C 1.51%
DFS B 1.42%
VRSK A 1.3%
HIG B 1.13%
DD C 1.12%
CNC D 1.01%
CAH B 0.95%
STT B 0.94%
PHM D 0.87%
GDDY A 0.85%
SYF B 0.83%
EXPE B 0.73%
STLD B 0.71%
BLDR D 0.68%
CFG B 0.68%
CSL C 0.66%
L A 0.6%
EXPD C 0.55%
TXT D 0.51%
JEF A 0.5%
EQH C 0.49%
THC D 0.48%
MGM D 0.37%
MUSA B 0.35%
PAG B 0.35%
WMS F 0.34%
CACI D 0.33%
EXP B 0.33%
PRI B 0.33%
FOXA A 0.33%
CNM D 0.28%
DINO D 0.27%
HRB D 0.27%
WH B 0.25%
BRKR D 0.24%
R B 0.23%
BYD B 0.22%
WSC F 0.22%
CHH A 0.22%
MTG C 0.21%
AN C 0.21%
ARW D 0.2%
COOP B 0.2%
KBH D 0.19%
RH C 0.19%
CNX A 0.19%
GPI B 0.18%
VVV D 0.18%
AMG B 0.18%
PVH C 0.18%
SM B 0.17%
ABG C 0.17%
CRC A 0.17%
MATX C 0.17%
NXST C 0.17%
SLM A 0.17%
DDS B 0.17%
BC C 0.17%
OLN F 0.16%
NSIT F 0.16%
EEFT B 0.15%
IDCC B 0.15%
HGV C 0.14%
GOLF B 0.14%
TNET F 0.14%
SKYW B 0.14%
ASGN F 0.13%
CVCO A 0.13%
DXC B 0.12%
CAR C 0.12%
GFF A 0.12%
WU F 0.12%
CEIX A 0.12%
TNL A 0.12%
ASH F 0.12%
ASO F 0.11%
ATGE B 0.11%
NSA C 0.11%
HP C 0.11%
BTU B 0.11%
DOCN C 0.11%
HUN F 0.11%
FBP C 0.11%
SLVM B 0.11%
TGNA B 0.1%
LBRT D 0.1%
PK C 0.1%
DEI B 0.1%
CARG B 0.1%
BHF C 0.1%
VIRT A 0.1%
ATKR D 0.1%
AMR C 0.1%
VAC C 0.1%
GNW A 0.1%
ENVA B 0.09%
SPB C 0.08%
SEB F 0.08%
PRG C 0.07%
GBX A 0.07%
HURN C 0.07%
IART C 0.06%
AZTA D 0.06%
CASH B 0.06%
SAH C 0.05%
PLAY D 0.05%
ATSG A 0.05%
PEB D 0.05%
XHR B 0.05%
PZZA F 0.05%
CSGS B 0.05%
NAVI F 0.05%
DXPE B 0.04%
INVA D 0.04%
DK C 0.04%
HTZ C 0.04%
CNNE B 0.04%
JBGS F 0.04%
EIG B 0.04%
SNCY C 0.03%
LQDT B 0.03%
CGEM F 0.03%
RYI C 0.03%
STGW A 0.03%
HCKT B 0.03%
PRA C 0.03%
EGBN B 0.03%
ODP F 0.03%
JACK C 0.03%
ECVT C 0.03%
AMN F 0.03%
LILAK D 0.03%
XRX F 0.03%
SBSI C 0.03%
TBPH B 0.02%
ANAB F 0.02%
NFBK C 0.02%
HONE C 0.02%
FPI B 0.02%
LXU B 0.02%
OPY B 0.02%
NR B 0.02%
IMXI B 0.02%
SCHL F 0.02%
ZIP D 0.02%
LPRO B 0.02%
CHGG C 0.01%
SKIN D 0.01%
DBI F 0.01%
ZYXI D 0.01%
ONTF C 0.01%
TASK C 0.01%
WSBF C 0.01%
RLGT B 0.01%
DENN D 0.01%
MBI B 0.01%
GCO C 0.01%
CCRN F 0.01%
LWAY C 0.01%
LOCO D 0.01%
SENEA A 0.01%
LSEA D 0.01%
NECB C 0.01%
KELYA F 0.01%
MX F 0.0%
PKW Underweight 45 Positions Relative to LBAY
Symbol Grade Weight
LW C -4.96%
XOM B -4.78%
MO A -4.64%
NEM D -4.59%
BG D -4.57%
FIS C -4.54%
VTRS B -4.48%
ZBH C -4.41%
AGNC C -4.41%
CVS D -4.36%
ICE C -4.08%
V A -3.89%
MDT D -3.86%
UNP C -3.77%
T A -3.64%
LHX C -3.59%
EBAY C -3.58%
MMM D -3.53%
AWK C -3.45%
RIO D -3.28%
MSCI C -3.15%
APD A -3.11%
SPGI C -2.92%
PCH D -2.79%
SHAK C --1.21%
DKS F --1.21%
BURL B --1.26%
SITE F --1.27%
RBLX C --1.29%
EQIX A --1.38%
TSLA B --1.45%
EVR B --1.46%
SF B --1.48%
LLY F --1.48%
DKNG B --1.49%
DLR B --1.51%
CVNA B --1.53%
AAPL C --1.53%
DAL B --1.53%
PLNT A --1.54%
AVGO D --1.54%
SQ A --1.56%
VRT B --1.63%
OLLI D --1.69%
DUOL A --1.85%
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