PPA vs. PRN ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to PowerShares Dynamic Industrials (PRN)

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense 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 identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$98.31

Average Daily Volume

148,457

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PRN

PowerShares Dynamic Industrials

PRN Description

The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$130.51

Average Daily Volume

11,937

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	PRN
30 Days	-1.66%	-4.85%
60 Days	3.19%	2.67%
90 Days	8.58%	11.65%
12 Months	21.27%	39.45%

5 Overlapping Holdings

Symbol	Grade	Weight in PPA	Weight in PRN	Overlap
AXON	B	3.52%	2.1%	2.1%
ETN	A	3.79%	2.4%	2.4%
HEI	A	1.76%	3.81%	1.76%
HWM	C	3.54%	2.2%	2.2%
TDG	B	4.04%	2.59%	2.59%

PPA Overweight 43 Positions Relative to PRN

Symbol	Grade	Weight
RTX	A	6.9%
LMT	A	6.67%
BA	F	6.0%
GE	A	5.89%
NOC	B	5.37%
GD	A	4.98%
HON	C	4.45%
LHX	B	4.34%
PH	B	3.67%
TXT	A	2.67%
BAH	C	2.46%
LDOS	C	2.14%
APH	B	2.08%
HII	C	2.08%
BWXT	C	1.42%
KBR	A	1.32%
CW	A	1.31%
CACI	B	1.25%
WWD	A	1.09%
TDY	D	1.07%
SAIC	C	0.99%
ATI	A	0.97%
HXL	D	0.96%
J	C	0.89%
PLTR	D	0.87%
AVAV	A	0.83%
SPR	A	0.8%
PSN	B	0.66%
MOG.A	A	0.65%
KEYS	D	0.65%
KTOS	B	0.54%
OSK	A	0.48%
AIR	B	0.44%
MRCY	F	0.34%
VSAT	F	0.32%
OSIS	A	0.27%
CDRE	D	0.27%
TGI	D	0.2%
KAMN	A	0.19%
IRDM	D	0.16%
DCO	A	0.15%
B	B	0.15%
TTMI	D	0.13%

PPA Underweight 35 Positions Relative to PRN

Symbol	Grade	Weight
CTAS	A	-4.05%
HUBB	B	-3.59%
FIX	B	-3.53%
VRT	A	-3.52%
CPRT	B	-3.47%
AME	B	-3.46%
SAIA	D	-3.25%
PWR	A	-3.25%
TT	B	-3.2%
BLDR	D	-3.09%
GWW	C	-3.01%
URI	C	-2.74%
PKG	B	-2.52%
GGG	C	-2.49%
XPO	B	-2.44%
CSL	A	-2.42%
STRL	B	-2.31%
ARCB	B	-2.2%
WIRE	A	-2.2%
HRI	B	-2.19%
BCC	B	-2.02%
MYRG	B	-1.95%
DY	A	-1.94%
CSWI	A	-1.81%
APG	B	-1.81%
CBZ	A	-1.81%
GMS	B	-1.79%
GFF	C	-1.74%
UFPI	C	-1.71%
IESC	A	-1.69%
RUSHA	B	-1.67%
AIT	C	-1.58%
CMPR	B	-1.42%
HEES	B	-1.39%
AMSC	D	-1.28%