PPA vs. SOVF ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to Sovereign's Capital Flourish Fund (SOVF)

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

$119.55

Average Daily Volume

185,461

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

12,200

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	SOVF
30 Days	1.92%	5.98%
60 Days	5.31%	5.98%
90 Days	7.32%	5.25%
12 Months	38.04%	24.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in SOVF	Overlap
	SAIC	F	0.71%	0.57%	0.57%

PPA Overweight 47 Positions Relative to SOVF

Symbol	Grade	Weight
RTX	D	7.09%
GE	D	6.71%
LMT	D	6.64%
BA	F	6.23%
NOC	D	5.36%
GD	D	4.93%
HON	C	4.88%
HWM	A	4.44%
AXON	A	4.43%
PH	A	4.28%
LHX	C	4.07%
TDG	D	3.35%
ETN	A	3.16%
PLTR	B	2.72%
LDOS	C	2.05%
BAH	F	1.92%
APH	A	1.91%
HEI	A	1.83%
TXT	D	1.74%
CW	C	1.37%
BWXT	B	1.36%
CACI	D	1.26%
HII	F	1.07%
WWD	C	0.92%
TDY	B	0.91%
KBR	F	0.88%
AVAV	C	0.84%
ATI	C	0.81%
HXL	F	0.66%
MOG.A	B	0.66%
KEYS	A	0.62%
PSN	D	0.61%
KTOS	B	0.56%
RKLB	A	0.56%
SPR	D	0.51%
AIR	B	0.35%
MRCY	C	0.35%
OSK	C	0.29%
OSIS	A	0.27%
TGI	B	0.2%
B	A	0.19%
IRDM	D	0.17%
CDRE	F	0.16%
TTMI	C	0.16%
DCO	C	0.14%
AI	B	0.13%
VSAT	F	0.1%

PPA Underweight 78 Positions Relative to SOVF

Symbol	Grade	Weight
GSHD	A	-3.58%
PAYC	B	-2.85%
ALKT	B	-2.83%
PCTY	C	-2.72%
PRI	B	-2.71%
COKE	C	-2.69%
LOPE	C	-2.69%
CBRE	B	-2.63%
FI	A	-2.55%
DAVA	C	-2.5%
PGR	A	-2.28%
AFG	A	-2.28%
LCII	C	-2.2%
AJG	A	-2.01%
PX	A	-2.0%
TSN	B	-1.96%
FOLD	F	-1.95%
EEFT	B	-1.87%
RJF	A	-1.82%
MOH	F	-1.78%
PPC	C	-1.67%
BIGC	B	-1.62%
DIOD	D	-1.57%
KFY	B	-1.54%
NSP	F	-1.47%
SBAC	D	-1.46%
RPAY	D	-1.42%
NHC	C	-1.39%
COLM	C	-1.35%
BDX	F	-1.31%
APG	B	-1.29%
UPS	C	-1.27%
FANG	C	-1.24%
GEF	A	-1.23%
CSCO	B	-1.17%
SCHW	B	-1.17%
QCOM	F	-1.16%
DVN	F	-1.1%
NEO	C	-1.09%
ANET	C	-1.08%
ITT	A	-1.05%
BKH	A	-1.04%
ADV	D	-1.01%
LECO	C	-1.01%
VRRM	F	-1.0%
APA	D	-1.0%
SITE	F	-0.98%
AWK	C	-0.91%
AMED	F	-0.88%
USFD	A	-0.85%
IEX	C	-0.73%
PLOW	D	-0.7%
INTC	C	-0.69%
CSWI	B	-0.68%
TFIN	B	-0.62%
FAST	B	-0.58%
SMCI	F	-0.57%
WMT	A	-0.56%
ADP	A	-0.56%
JBHT	C	-0.54%
HCSG	C	-0.54%
RMD	C	-0.52%
ERIE	D	-0.52%
VRSN	C	-0.5%
WCN	A	-0.49%
HUBS	A	-0.49%
CPT	B	-0.49%
GGG	B	-0.48%
AZZ	A	-0.48%
ORLY	B	-0.48%
SPB	C	-0.47%
CPRT	B	-0.47%
SPTN	D	-0.46%
JJSF	C	-0.45%
SPSC	D	-0.45%
KFRC	D	-0.43%
NTAP	C	-0.42%
OPCH	D	-0.37%