PKW vs. SSPY ETF Comparison

Comparison of PowerShares Buyback Achievers (PKW) to Syntax Stratified LargeCap ETF (SSPY)

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

$123.63

Average Daily Volume

16,954

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

SSPY

Syntax Stratified LargeCap ETF

SSPY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index (the "index"). Under normal market conditions, the fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the index. The index, which was created by Syntax, LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P 500® Index and holds the same constituents as the S&P 500.

Grade (RS Rating)

Last Trade

$81.25

Average Daily Volume

2,386

Number of Holdings ^*

500

* may have additional holdings in another (foreign) market

Performance

Period	PKW	SSPY
30 Days	5.94%	2.71%
60 Days	9.02%	2.03%
90 Days	11.35%	2.72%
12 Months	35.82%	22.62%

41 Overlapping Holdings

Symbol	Grade	Weight in PKW	Weight in SSPY	Overlap
AFL	B	2.05%	0.2%	0.2%
AIG	B	1.6%	0.2%	0.2%
AZO	C	1.77%	0.14%	0.14%
BKNG	A	5.49%	0.11%	0.11%
BLDR	D	0.68%	0.19%	0.19%
CAH	B	0.95%	0.19%	0.19%
CFG	B	0.68%	0.06%	0.06%
CMCSA	B	4.88%	0.52%	0.52%
CNC	D	1.01%	0.26%	0.26%
CSX	C	2.21%	0.08%	0.08%
DD	C	1.12%	0.05%	0.05%
DE	B	3.61%	0.13%	0.13%
DFS	B	1.42%	0.69%	0.69%
EXPD	C	0.55%	0.09%	0.09%
EXPE	B	0.73%	0.12%	0.12%
FI	A	4.0%	0.06%	0.06%
FOXA	A	0.33%	0.1%	0.1%
GDDY	A	0.85%	0.27%	0.27%
HCA	F	2.83%	0.33%	0.33%
HIG	B	1.13%	0.14%	0.14%
HLT	A	2.0%	0.12%	0.12%
JNJ	C	4.53%	0.24%	0.24%
L	A	0.6%	0.49%	0.49%
LMT	D	4.13%	0.09%	0.09%
MAR	A	2.59%	0.12%	0.12%
MCK	A	2.61%	0.18%	0.18%
MET	A	1.91%	0.21%	0.21%
MGM	D	0.37%	0.07%	0.07%
MPC	D	1.75%	0.49%	0.49%
ORLY	B	2.3%	0.14%	0.14%
PHM	D	0.87%	0.25%	0.25%
PSX	C	1.79%	0.51%	0.51%
PYPL	B	2.83%	0.06%	0.06%
STLD	B	0.71%	0.27%	0.27%
STT	B	0.94%	0.12%	0.12%
SYF	B	0.83%	0.69%	0.69%
TMUS	B	5.44%	0.33%	0.33%
TXT	D	0.51%	0.16%	0.16%
VLO	C	1.51%	0.5%	0.5%
VRSK	A	1.3%	0.04%	0.04%
VST	A	1.64%	0.41%	0.41%

PKW Overweight 150 Positions Relative to SSPY

Symbol	Grade	Weight
APP	B	2.89%
CSL	C	0.66%
JEF	A	0.5%
TOL	B	0.5%
EQH	C	0.49%
THC	D	0.48%
MUSA	B	0.35%
PAG	B	0.35%
WMS	F	0.34%
CACI	D	0.33%
EXP	B	0.33%
PRI	B	0.33%
ORI	A	0.32%
CNM	D	0.28%
DINO	D	0.27%
HRB	D	0.27%
WH	B	0.25%
BERY	C	0.25%
BRKR	D	0.24%
R	B	0.23%
BYD	B	0.22%
MTN	C	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	C	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	B	0.05%
PEB	D	0.05%
XHR	B	0.05%
PZZA	F	0.05%
CSGS	B	0.05%
NAVI	F	0.05%
DXPE	C	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 459 Positions Relative to SSPY

Symbol	Grade	Weight
XOM	B	-0.77%
CVX	A	-0.76%
SYY	D	-0.75%
KR	B	-0.74%
WMT	A	-0.73%
ROST	D	-0.72%
TJX	A	-0.72%
COST	A	-0.71%
COF	C	-0.7%
CVS	D	-0.69%
WBA	F	-0.64%
DPZ	C	-0.52%
DRI	B	-0.51%
YUM	D	-0.51%
EL	F	-0.5%
CMG	B	-0.5%
AAPL	C	-0.5%
MCD	D	-0.5%
BRK.A	B	-0.5%
EA	A	-0.49%
TTWO	A	-0.49%
MSI	B	-0.49%
SBUX	A	-0.48%
CHTR	C	-0.47%
MTCH	D	-0.47%
META	D	-0.47%
KMB	C	-0.42%
KVUE	A	-0.42%
PG	C	-0.42%
BWA	D	-0.42%
CHD	A	-0.42%
CL	D	-0.41%
CLX	A	-0.41%
APTV	F	-0.4%
J	D	-0.4%
PWR	A	-0.4%
JBL	C	-0.38%
CEG	C	-0.38%
ADM	D	-0.37%
BG	D	-0.37%
TSN	B	-0.36%
HRL	D	-0.36%
SLB	C	-0.35%
HPQ	B	-0.35%
PM	B	-0.35%
BKR	A	-0.35%
CRM	B	-0.35%
MO	A	-0.35%
IPG	D	-0.34%
IBM	C	-0.34%
OMC	C	-0.34%
HAL	C	-0.34%
ORCL	A	-0.34%
SNPS	B	-0.34%
ATO	A	-0.33%
GRMN	B	-0.33%
TPR	B	-0.33%
NI	A	-0.33%
VZ	C	-0.33%
T	A	-0.33%
NRG	B	-0.33%
NKE	F	-0.33%
CDNS	B	-0.33%
AES	F	-0.32%
AWK	C	-0.32%
UHS	D	-0.32%
RL	C	-0.32%
MSFT	D	-0.32%
LULU	C	-0.31%
FCX	F	-0.3%
EXC	C	-0.3%
DECK	A	-0.3%
TSLA	B	-0.28%
DAL	B	-0.28%
UAL	A	-0.28%
SWK	D	-0.27%
EQIX	A	-0.27%
AKAM	D	-0.27%
VRSN	C	-0.27%
CNP	A	-0.26%
HUBB	B	-0.26%
ENPH	F	-0.26%
NUE	C	-0.26%
PEG	A	-0.26%
LOW	C	-0.26%
HAS	D	-0.26%
HD	B	-0.26%
MS	A	-0.26%
UNH	B	-0.26%
NVR	D	-0.26%
HUM	C	-0.26%
DLR	B	-0.26%
ETN	A	-0.26%
LEN	D	-0.25%
GM	C	-0.25%
WMB	A	-0.25%
NEM	D	-0.25%
KO	D	-0.25%
DTE	C	-0.25%
F	C	-0.25%
GILD	C	-0.25%
CTLT	C	-0.25%
MOH	F	-0.25%
EIX	B	-0.25%
STZ	D	-0.25%
ZTS	D	-0.25%
SNA	A	-0.25%
LUV	C	-0.25%
KMI	A	-0.25%
MNST	C	-0.25%
ETR	B	-0.25%
TAP	C	-0.25%
INCY	C	-0.25%
RJF	A	-0.25%
BMY	B	-0.25%
GS	A	-0.25%
SCHW	B	-0.25%
MRNA	F	-0.24%
AMGN	F	-0.24%
DHI	F	-0.24%
AEP	C	-0.24%
MRK	D	-0.24%
D	C	-0.24%
TRGP	A	-0.24%
OKE	A	-0.24%
FE	C	-0.24%
VTRS	A	-0.24%
ED	C	-0.24%
PFE	F	-0.24%
KDP	F	-0.24%
BIIB	F	-0.24%
NEE	C	-0.24%
ELV	F	-0.24%
ABBV	F	-0.24%
AVGO	D	-0.23%
PLTR	B	-0.23%
CPRT	B	-0.23%
ON	D	-0.23%
GOOGL	C	-0.23%
GOOG	C	-0.23%
TXN	C	-0.23%
LLY	F	-0.23%
VRTX	D	-0.23%
NXPI	D	-0.23%
PAYC	B	-0.22%
REGN	F	-0.22%
TYL	B	-0.22%
NFLX	A	-0.22%
LW	C	-0.22%
EBAY	D	-0.22%
AMZN	C	-0.22%
DAY	B	-0.22%
QCOM	F	-0.22%
NOW	A	-0.22%
ADI	D	-0.22%
MPWR	F	-0.22%
FFIV	B	-0.21%
KEYS	A	-0.21%
ANET	C	-0.21%
DIS	B	-0.21%
PFG	D	-0.21%
AOS	F	-0.21%
CSCO	B	-0.21%
MKC	C	-0.21%
KHC	F	-0.21%
QRVO	F	-0.21%
SWKS	F	-0.21%
SJM	D	-0.21%
GIS	D	-0.21%
CAG	F	-0.21%
PAYX	B	-0.21%
ADP	A	-0.21%
ALL	A	-0.2%
GL	C	-0.2%
IEX	C	-0.2%
IR	B	-0.2%
JNPR	D	-0.2%
PARA	C	-0.2%
CPB	D	-0.2%
PRU	A	-0.2%
INTU	B	-0.2%
AIZ	A	-0.2%
ERIE	D	-0.2%
HSIC	C	-0.2%
FSLR	F	-0.2%
MHK	D	-0.19%
CI	D	-0.19%
APH	A	-0.19%
XYL	D	-0.19%
TEL	B	-0.19%
PGR	A	-0.19%
HPE	B	-0.19%
MAS	D	-0.19%
WBD	B	-0.19%
PNR	A	-0.19%
GLW	B	-0.19%
BBWI	C	-0.19%
PEP	F	-0.18%
HSY	F	-0.18%
RSG	A	-0.18%
CTAS	B	-0.18%
AMAT	F	-0.18%
CRWD	B	-0.18%
GEV	B	-0.18%
EQT	B	-0.18%
WM	B	-0.18%
MDLZ	F	-0.18%
ROL	B	-0.18%
COR	B	-0.18%
K	A	-0.18%
HON	C	-0.17%
TGT	F	-0.17%
ADSK	A	-0.17%
TER	F	-0.17%
MMM	D	-0.17%
ANSS	B	-0.17%
DG	F	-0.17%
FTNT	C	-0.17%
DOV	A	-0.17%
NTAP	C	-0.17%
GEN	B	-0.17%
ITW	B	-0.17%
BBY	D	-0.17%
WY	F	-0.17%
CTRA	B	-0.17%
GE	D	-0.17%
MLM	C	-0.17%
DLTR	F	-0.17%
DELL	B	-0.17%
PTC	B	-0.17%
VMC	B	-0.17%
KLAC	F	-0.17%
STX	C	-0.17%
ULTA	F	-0.17%
WDC	D	-0.17%
INTC	C	-0.16%
PANW	B	-0.16%
ADBE	C	-0.16%
DVN	F	-0.16%
GD	D	-0.16%
BA	F	-0.16%
LH	B	-0.16%
DGX	A	-0.16%
TECH	F	-0.15%
SMCI	F	-0.15%
A	D	-0.15%
GPC	D	-0.15%
WAT	C	-0.15%
MTD	F	-0.15%
MU	D	-0.15%
WRB	A	-0.14%
MCHP	F	-0.14%
CAT	B	-0.14%
IQV	F	-0.14%
TMO	F	-0.14%
URI	C	-0.14%
TRV	B	-0.14%
CINF	A	-0.14%
CRL	D	-0.14%
CB	C	-0.14%
ACGL	C	-0.14%
AMD	F	-0.14%
KMX	B	-0.14%
EG	C	-0.14%
LKQ	F	-0.14%
BALL	F	-0.13%
FAST	B	-0.13%
JPM	A	-0.13%
PCAR	B	-0.13%
CDW	F	-0.13%
AMCR	C	-0.13%
AME	A	-0.13%
POOL	C	-0.13%
ACN	B	-0.13%
EPAM	B	-0.13%
WFC	A	-0.13%
CTSH	B	-0.13%
ZBRA	B	-0.13%
C	A	-0.13%
WAB	B	-0.13%
IT	C	-0.13%
NVDA	B	-0.13%
LDOS	C	-0.13%
ABNB	C	-0.12%
SYK	B	-0.12%
STE	D	-0.12%
ISRG	A	-0.12%
ZBH	C	-0.12%
GWW	B	-0.12%
TSCO	D	-0.12%
BAC	A	-0.12%
ARE	F	-0.11%
VTR	B	-0.11%
WELL	A	-0.11%
EXR	C	-0.11%
DVA	C	-0.11%
PSA	C	-0.11%
CPT	B	-0.11%
BR	A	-0.11%
DOC	C	-0.11%
BXP	C	-0.11%
HST	C	-0.11%
UBER	F	-0.11%
BK	A	-0.11%
DXCM	C	-0.1%
PODD	C	-0.1%
HOLX	D	-0.1%
DHR	F	-0.1%
NWSA	A	-0.1%
IDXX	F	-0.1%
NWS	A	-0.1%
ESS	B	-0.1%
RVTY	F	-0.1%
ALGN	D	-0.1%
MAA	B	-0.1%
INVH	D	-0.1%
GEHC	D	-0.1%
AVB	B	-0.1%
EQR	C	-0.1%
FOX	A	-0.1%
UDR	B	-0.1%
TROW	B	-0.09%
FMC	D	-0.09%
BEN	C	-0.09%
NOC	D	-0.09%
UPS	C	-0.09%
AXON	A	-0.09%
RCL	A	-0.09%
CCL	A	-0.09%
CHRW	B	-0.09%
CF	A	-0.09%
KKR	A	-0.09%
NCLH	B	-0.09%
LYV	A	-0.09%
IVZ	B	-0.09%
RMD	C	-0.09%
ALLE	C	-0.08%
CMS	C	-0.08%
PCG	A	-0.08%
SO	C	-0.08%
SRE	A	-0.08%
XEL	A	-0.08%
HWM	A	-0.08%
PPL	A	-0.08%
EVRG	A	-0.08%
LNT	A	-0.08%
AEE	A	-0.08%
CARR	C	-0.08%
TDG	D	-0.08%
JCI	B	-0.08%
PH	A	-0.08%
UNP	C	-0.08%
CMI	A	-0.08%
NSC	B	-0.08%
OTIS	C	-0.08%
GNRC	C	-0.08%
WYNN	C	-0.08%
ODFL	C	-0.08%
RTX	D	-0.08%
HII	F	-0.08%
BX	A	-0.08%
NTRS	A	-0.08%
BLK	B	-0.08%
LHX	C	-0.08%
LVS	B	-0.08%
AMP	A	-0.08%
MOS	F	-0.08%
JBHT	C	-0.08%
CTVA	C	-0.08%
O	C	-0.07%
SPG	A	-0.07%
LYB	F	-0.07%
SW	A	-0.07%
PPG	F	-0.07%
FANG	C	-0.07%
OXY	D	-0.07%
CZR	F	-0.07%
COP	C	-0.07%
MRO	B	-0.07%
EOG	A	-0.07%
DOW	F	-0.07%
APA	D	-0.07%
HES	B	-0.07%
PNW	A	-0.07%
FDX	B	-0.07%
WEC	A	-0.07%
CE	F	-0.07%
ES	C	-0.07%
TT	A	-0.07%
DUK	C	-0.07%
TFC	A	-0.06%
HBAN	A	-0.06%
USB	A	-0.06%
FITB	B	-0.06%
PNC	B	-0.06%
KEY	B	-0.06%
RF	A	-0.06%
MTB	A	-0.06%
EW	C	-0.06%
ABT	B	-0.06%
MDT	D	-0.06%
AVY	F	-0.06%
BSX	A	-0.06%
IP	A	-0.06%
PKG	A	-0.06%
REG	A	-0.06%
KIM	A	-0.06%
PLD	F	-0.06%
AMT	C	-0.06%
FRT	B	-0.06%
SHW	B	-0.06%
SBAC	D	-0.06%
VICI	C	-0.06%
CCI	C	-0.06%
IRM	C	-0.06%
FICO	B	-0.05%
IFF	D	-0.05%
ECL	D	-0.05%
SOLV	D	-0.05%
BAX	F	-0.05%
APD	A	-0.05%
BDX	F	-0.05%
TFX	F	-0.05%
WST	C	-0.05%
EMN	C	-0.05%
ALB	B	-0.05%
JKHY	D	-0.05%
FIS	C	-0.05%
AON	A	-0.04%
MMC	B	-0.04%
BRO	B	-0.04%
EFX	F	-0.04%
CBRE	B	-0.04%
CSGP	D	-0.04%
SPGI	C	-0.04%
GPN	B	-0.04%
FDS	B	-0.04%
MCO	B	-0.04%
MA	B	-0.04%
CBOE	C	-0.04%
MSCI	C	-0.04%
ICE	C	-0.04%
V	A	-0.04%
NDAQ	A	-0.04%
CPAY	A	-0.04%
AXP	A	-0.04%
MKTX	D	-0.04%
CME	B	-0.04%
LIN	C	-0.04%
ROP	B	-0.03%
VLTO	C	-0.03%
ROK	C	-0.03%
NDSN	B	-0.03%
TDY	B	-0.03%
EMR	B	-0.03%
TRMB	B	-0.03%
FTV	C	-0.03%
AJG	A	-0.03%
WTW	B	-0.03%