PKW vs. VFQY ETF Comparison

Comparison of PowerShares Buyback Achievers (PKW) to Vanguard U.S. Quality Factor ETF (VFQY)

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

$123.75

Average Daily Volume

17,079

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

VFQY

Vanguard U.S. Quality Factor ETF

VFQY Description

The investment seeks to provide long-term capital appreciation by investing in stocks with strong fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with strong fundamentals as determined by the advisor. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$147.42

Average Daily Volume

11,012

Number of Holdings ^*

386

* may have additional holdings in another (foreign) market

Performance

Period	PKW	VFQY
30 Days	7.20%	4.56%
60 Days	9.19%	3.81%
90 Days	12.10%	4.24%
12 Months	36.73%	27.98%

50 Overlapping Holdings

Symbol	Grade	Weight in PKW	Weight in VFQY	Overlap
AFL	B	2.05%	0.46%	0.46%
AIG	B	1.6%	0.44%	0.44%
AMR	C	0.1%	0.04%	0.04%
ASO	F	0.11%	0.18%	0.11%
ATKR	C	0.1%	0.02%	0.02%
BHF	B	0.1%	0.11%	0.1%
BKNG	A	5.49%	0.03%	0.03%
BLDR	D	0.68%	0.44%	0.44%
BRKR	D	0.24%	0.05%	0.05%
CARG	C	0.1%	0.07%	0.07%
CASH	A	0.06%	0.36%	0.06%
CCRN	F	0.01%	0.12%	0.01%
CEIX	A	0.12%	0.11%	0.11%
CFG	B	0.68%	0.22%	0.22%
CHGG	D	0.01%	0.13%	0.01%
CNM	D	0.28%	0.26%	0.26%
CSGS	B	0.05%	0.12%	0.05%
CSL	C	0.66%	0.09%	0.09%
DXC	B	0.12%	0.09%	0.09%
EGBN	B	0.03%	0.02%	0.02%
EQH	B	0.49%	0.61%	0.49%
EXPD	D	0.55%	0.21%	0.21%
EXPE	B	0.73%	0.38%	0.38%
FBP	B	0.11%	0.48%	0.11%
GCO	B	0.01%	0.07%	0.01%
GOLF	B	0.14%	0.04%	0.04%
HCKT	B	0.03%	0.14%	0.03%
HIG	B	1.13%	0.26%	0.26%
JNJ	D	4.53%	1.38%	1.38%
KELYA	F	0.01%	0.03%	0.01%
LQDT	B	0.03%	0.04%	0.03%
MPC	D	1.75%	0.15%	0.15%
MTG	C	0.21%	0.1%	0.1%
MUSA	A	0.35%	0.06%	0.06%
ODP	F	0.03%	0.07%	0.03%
OLN	D	0.16%	0.06%	0.06%
PRI	A	0.33%	0.49%	0.33%
PVH	C	0.18%	0.17%	0.17%
PYPL	B	2.83%	1.29%	1.29%
RYI	C	0.03%	0.02%	0.02%
SBSI	B	0.03%	0.07%	0.03%
SCHL	D	0.02%	0.04%	0.02%
SLM	A	0.17%	0.47%	0.17%
SLVM	B	0.11%	0.12%	0.11%
SM	B	0.17%	0.08%	0.08%
STLD	B	0.71%	0.06%	0.06%
STT	A	0.94%	0.53%	0.53%
SYF	B	0.83%	0.28%	0.28%
TNET	D	0.14%	0.18%	0.14%
WMS	D	0.34%	0.2%	0.2%

PKW Overweight 141 Positions Relative to VFQY

Symbol	Grade	Weight
TMUS	B	5.44%
CMCSA	B	4.88%
LMT	D	4.13%
FI	A	4.0%
DE	A	3.61%
APP	B	2.89%
HCA	F	2.83%
MCK	B	2.61%
MAR	B	2.59%
ORLY	B	2.3%
CSX	B	2.21%
HLT	A	2.0%
MET	A	1.91%
PSX	C	1.79%
AZO	C	1.77%
VST	B	1.64%
VLO	C	1.51%
DFS	B	1.42%
VRSK	A	1.3%
DD	D	1.12%
CNC	D	1.01%
CAH	B	0.95%
PHM	D	0.87%
GDDY	A	0.85%
L	A	0.6%
TXT	D	0.51%
JEF	A	0.5%
TOL	B	0.5%
THC	D	0.48%
MGM	D	0.37%
PAG	B	0.35%
CACI	D	0.33%
EXP	A	0.33%
FOXA	B	0.33%
ORI	A	0.32%
DINO	D	0.27%
HRB	D	0.27%
WH	B	0.25%
BERY	B	0.25%
R	B	0.23%
BYD	C	0.22%
MTN	C	0.22%
WSC	D	0.22%
CHH	A	0.22%
AN	C	0.21%
ARW	D	0.2%
COOP	B	0.2%
KBH	D	0.19%
RH	B	0.19%
CNX	A	0.19%
GPI	A	0.18%
VVV	F	0.18%
AMG	B	0.18%
ABG	B	0.17%
CRC	B	0.17%
MATX	C	0.17%
NXST	C	0.17%
DDS	B	0.17%
BC	C	0.17%
NSIT	F	0.16%
EEFT	B	0.15%
IDCC	A	0.15%
HGV	B	0.14%
SKYW	B	0.14%
ASGN	F	0.13%
CVCO	A	0.13%
CAR	C	0.12%
GFF	A	0.12%
WU	D	0.12%
TNL	A	0.12%
ASH	D	0.12%
ATGE	B	0.11%
NSA	D	0.11%
HP	B	0.11%
BTU	B	0.11%
DOCN	D	0.11%
HUN	F	0.11%
TGNA	B	0.1%
LBRT	D	0.1%
PK	B	0.1%
DEI	B	0.1%
VIRT	B	0.1%
VAC	B	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	B	0.07%
IART	C	0.06%
AZTA	D	0.06%
SAH	A	0.05%
PLAY	D	0.05%
ATSG	B	0.05%
PEB	D	0.05%
XHR	B	0.05%
PZZA	D	0.05%
NAVI	C	0.05%
DXPE	B	0.04%
INVA	D	0.04%
DK	C	0.04%
HTZ	C	0.04%
CNNE	B	0.04%
JBGS	D	0.04%
EIG	B	0.04%
SNCY	C	0.03%
CGEM	F	0.03%
STGW	B	0.03%
PRA	C	0.03%
JACK	D	0.03%
ECVT	C	0.03%
AMN	F	0.03%
LILAK	D	0.03%
XRX	F	0.03%
TBPH	C	0.02%
ANAB	F	0.02%
NFBK	B	0.02%
HONE	B	0.02%
FPI	B	0.02%
LXU	B	0.02%
OPY	B	0.02%
NR	B	0.02%
IMXI	B	0.02%
ZIP	F	0.02%
LPRO	C	0.02%
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	A	0.01%
DENN	D	0.01%
MBI	B	0.01%
LWAY	D	0.01%
LOCO	D	0.01%
SENEA	B	0.01%
LSEA	D	0.01%
NECB	B	0.01%
MX	F	0.0%

PKW Underweight 336 Positions Relative to VFQY

Symbol	Grade	Weight
NKE	D	-2.14%
GILD	C	-2.1%
MMM	D	-2.1%
AAPL	C	-2.03%
TGT	F	-1.91%
QCOM	F	-1.88%
LULU	C	-1.81%
WMT	A	-1.74%
TJX	A	-1.74%
MRK	F	-1.69%
KLAC	D	-1.63%
KMB	D	-1.62%
ADBE	C	-1.6%
CTAS	B	-1.58%
PEP	F	-1.54%
AXP	A	-1.37%
COST	B	-1.16%
AMZN	C	-1.12%
META	D	-1.0%
IDXX	F	-0.78%
CHRW	C	-0.73%
FLO	D	-0.7%
PAYX	C	-0.63%
AMP	A	-0.57%
FAST	B	-0.55%
AYI	B	-0.53%
NVDA	C	-0.53%
LSTR	D	-0.5%
BBY	D	-0.5%
AMAT	F	-0.49%
CVLT	B	-0.49%
MSM	C	-0.49%
NTAP	C	-0.49%
RPM	A	-0.47%
KR	B	-0.46%
RHI	B	-0.44%
DCI	B	-0.44%
ALKS	B	-0.43%
EBAY	D	-0.43%
POOL	C	-0.42%
MAT	D	-0.4%
BPOP	B	-0.4%
VRT	B	-0.39%
CNO	A	-0.39%
RL	B	-0.39%
TDC	D	-0.38%
TBBK	B	-0.37%
LNTH	D	-0.37%
AX	A	-0.37%
KVUE	A	-0.37%
CAT	B	-0.36%
ANF	C	-0.36%
GWW	B	-0.35%
DKS	C	-0.35%
ECL	D	-0.34%
OFG	B	-0.34%
IT	C	-0.34%
MANH	D	-0.33%
UFPI	B	-0.33%
NTRS	A	-0.33%
GL	B	-0.33%
SSD	D	-0.33%
LPX	B	-0.33%
DECK	A	-0.33%
ZION	B	-0.32%
WLY	B	-0.32%
QLYS	C	-0.32%
MPWR	F	-0.32%
COKE	C	-0.32%
BFH	B	-0.32%
TPL	A	-0.31%
WSFS	A	-0.31%
CHE	D	-0.3%
EL	F	-0.3%
CROX	D	-0.3%
ROK	B	-0.3%
EA	A	-0.29%
MSA	D	-0.29%
AEO	F	-0.29%
JXN	C	-0.29%
DLTR	F	-0.29%
CDNS	B	-0.28%
AOS	F	-0.28%
LMB	A	-0.28%
VMI	B	-0.28%
SKX	D	-0.27%
BJ	A	-0.27%
APOG	B	-0.27%
KD	B	-0.27%
BR	A	-0.26%
AVY	D	-0.26%
NTB	B	-0.26%
ADSK	A	-0.26%
HAS	D	-0.25%
APPF	B	-0.24%
ULTA	F	-0.24%
AIT	A	-0.24%
M	D	-0.24%
LLY	F	-0.24%
BBW	B	-0.24%
A	D	-0.23%
NUS	D	-0.23%
TPR	B	-0.23%
VOYA	B	-0.22%
UTHR	C	-0.22%
YOU	D	-0.22%
WFRD	D	-0.22%
HSY	F	-0.22%
YETI	C	-0.22%
MEDP	D	-0.22%
BLBD	D	-0.22%
LECO	B	-0.22%
CRUS	D	-0.21%
SHOO	D	-0.21%
CR	A	-0.21%
MLI	C	-0.21%
GPC	D	-0.21%
CPNG	D	-0.21%
PII	D	-0.2%
KFRC	D	-0.2%
BWA	D	-0.2%
TTC	D	-0.2%
WDFC	B	-0.2%
SAM	C	-0.2%
TREX	C	-0.2%
LOPE	B	-0.2%
CASY	A	-0.19%
IESC	B	-0.19%
ROKU	D	-0.19%
CRVL	A	-0.19%
PJT	A	-0.19%
PPG	F	-0.19%
BBSI	B	-0.18%
XRAY	F	-0.18%
TK	D	-0.17%
EXTR	B	-0.17%
EPAC	B	-0.17%
CHCO	B	-0.17%
ROL	B	-0.17%
NMIH	D	-0.17%
CSWI	A	-0.17%
BCC	B	-0.16%
IDT	B	-0.16%
PLMR	B	-0.16%
PSTG	D	-0.16%
TDOC	C	-0.16%
MA	C	-0.16%
RMD	C	-0.16%
GOOGL	C	-0.16%
SONO	C	-0.16%
ILMN	D	-0.16%
ADP	B	-0.16%
JKHY	D	-0.16%
PEGA	A	-0.15%
INGR	B	-0.15%
SCS	C	-0.15%
NSP	D	-0.15%
BXC	B	-0.15%
WTS	B	-0.15%
PLAB	C	-0.15%
FIZZ	C	-0.15%
COR	B	-0.14%
WHD	B	-0.14%
GMS	B	-0.14%
HWKN	B	-0.14%
MOH	F	-0.14%
EOG	A	-0.14%
BOKF	B	-0.14%
FFIV	B	-0.14%
BELFB	C	-0.13%
PRDO	B	-0.13%
GTLB	B	-0.13%
JBSS	D	-0.13%
YELP	C	-0.13%
FC	F	-0.13%
HNI	B	-0.13%
GIII	D	-0.13%
FELE	B	-0.13%
AON	A	-0.13%
PDCO	D	-0.12%
JBL	B	-0.12%
CPF	A	-0.12%
INDB	B	-0.12%
TILE	B	-0.12%
ATEN	B	-0.12%
WABC	B	-0.12%
XP	F	-0.12%
PEN	B	-0.12%
CMI	A	-0.12%
UVE	B	-0.11%
CATY	B	-0.11%
PCRX	C	-0.11%
INCY	C	-0.11%
BKE	B	-0.11%
CAL	D	-0.11%
STRL	B	-0.11%
NVR	D	-0.11%
CUBI	C	-0.11%
TXG	F	-0.11%
PRMW	C	-0.11%
FIX	A	-0.11%
DFIN	D	-0.1%
MCRI	A	-0.1%
PFGC	B	-0.1%
ODFL	B	-0.1%
THRY	F	-0.1%
LANC	C	-0.1%
MBUU	C	-0.1%
SPTN	D	-0.1%
TER	D	-0.1%
SRCE	B	-0.1%
ACAD	D	-0.1%
LCII	C	-0.1%
MAN	D	-0.1%
PINS	D	-0.1%
MRC	B	-0.1%
RS	B	-0.1%
KAI	A	-0.1%
SUPN	C	-0.09%
LSCC	D	-0.09%
BHLB	B	-0.09%
RSI	B	-0.09%
PSMT	C	-0.09%
TCBI	B	-0.09%
SPOT	B	-0.09%
SOLV	C	-0.09%
ELF	C	-0.09%
OXM	D	-0.09%
CBU	B	-0.09%
LZB	B	-0.09%
NYT	C	-0.09%
WCC	B	-0.09%
SFIX	B	-0.08%
SEIC	B	-0.08%
ENPH	F	-0.08%
CRCT	F	-0.08%
EME	C	-0.08%
ETD	C	-0.08%
ARLO	C	-0.08%
GGG	B	-0.08%
MLKN	D	-0.08%
ROST	C	-0.08%
CVBF	A	-0.08%
CDRE	D	-0.08%
AMSF	B	-0.08%
CDW	F	-0.08%
EGY	D	-0.08%
UAA	C	-0.08%
ANIP	F	-0.07%
MCO	B	-0.07%
AAP	C	-0.07%
AMAL	B	-0.07%
ACT	D	-0.07%
CDNA	D	-0.07%
EYE	C	-0.07%
YEXT	A	-0.07%
VRTS	B	-0.07%
PRLB	A	-0.07%
IOSP	B	-0.07%
CNXN	C	-0.07%
ASC	F	-0.07%
BMI	B	-0.07%
DHIL	A	-0.07%
ZEUS	C	-0.06%
APAM	B	-0.06%
LYTS	B	-0.06%
NSSC	D	-0.06%
CRAI	B	-0.06%
FULT	A	-0.06%
MMS	F	-0.06%
USNA	C	-0.06%
MYGN	F	-0.06%
HOLX	D	-0.06%
DAKT	B	-0.06%
EVER	F	-0.06%
AVAV	D	-0.06%
PG	A	-0.06%
POWL	C	-0.06%
RDN	C	-0.06%
ACCO	C	-0.05%
ALGN	D	-0.05%
OSUR	F	-0.05%
MASI	A	-0.05%
ICFI	F	-0.05%
HVT	D	-0.05%
WTTR	B	-0.05%
VITL	D	-0.05%
TRIP	F	-0.05%
IMKTA	C	-0.05%
TTI	C	-0.05%
ORGO	B	-0.04%
TH	C	-0.04%
EXLS	B	-0.04%
CPRX	C	-0.04%
UTI	A	-0.04%
MCFT	B	-0.04%
HY	D	-0.04%
SNA	A	-0.04%
REVG	B	-0.04%
SXI	B	-0.04%
BLD	D	-0.04%
HAE	C	-0.04%
MBIN	D	-0.04%
HNST	B	-0.04%
OEC	C	-0.04%
CTS	C	-0.04%
TNK	F	-0.04%
TNC	D	-0.03%
SXC	A	-0.03%
FBIN	D	-0.03%
SN	D	-0.03%
MOV	C	-0.03%
HAFC	A	-0.03%
BECN	B	-0.03%
OII	B	-0.03%
GNRC	B	-0.03%
MLAB	D	-0.03%
UPBD	B	-0.03%
ANGO	D	-0.03%
DUOL	A	-0.03%
UDMY	F	-0.03%
GPRO	F	-0.03%
TBI	F	-0.03%
MYE	F	-0.03%
PFBC	B	-0.02%
TCBK	B	-0.02%
PLOW	D	-0.02%
INGN	C	-0.02%
NWL	B	-0.02%
COUR	F	-0.02%
AZEK	A	-0.02%
KRNY	B	-0.02%
RGP	F	-0.02%
TCMD	A	-0.02%
LKFN	B	-0.02%
CXT	B	-0.02%