PWV vs. FAS ETF Comparison

Comparison of PowerShares Dynamic LargeCap Value (PWV) to Direxion Financial Bull 3X Shares (FAS)

PWV

PowerShares Dynamic LargeCap Value

PWV Description

The PowerShares Dynamic Large Cap Value Portfolio (Fund) is based on the Dynamic Large Cap Value IntellidexSM 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 provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10 factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$61.51

Average Daily Volume

32,152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000Â® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.62

Average Daily Volume

588,047

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PWV	FAS
30 Days	4.38%	21.76%
60 Days	5.52%	33.63%
90 Days	6.26%	42.90%
12 Months	31.14%	160.25%

13 Overlapping Holdings

Symbol	Grade	Weight in PWV	Weight in FAS	Overlap
AFL	B	1.39%	0.55%	0.55%
AIG	B	1.39%	0.48%	0.48%
BAC	A	3.7%	3.06%	3.06%
BK	A	1.59%	0.57%	0.57%
BRK.A	B	3.25%	8.47%	3.25%
CB	C	1.42%	1.07%	1.07%
COF	B	1.77%	0.69%	0.69%
JPM	A	3.52%	6.8%	3.52%
MET	A	1.51%	0.48%	0.48%
MS	A	1.78%	1.63%	1.63%
PNC	B	1.6%	0.82%	0.82%
PRU	A	1.47%	0.44%	0.44%
WFC	A	4.15%	2.45%	2.45%

PWV Overweight 36 Positions Relative to FAS

Symbol	Grade	Weight
CVX	A	3.52%
IBM	C	3.37%
XOM	B	3.28%
ABT	B	3.26%
VZ	C	3.16%
PG	A	3.16%
TXN	C	3.13%
JNJ	D	2.98%
AMGN	D	2.9%
KO	D	2.8%
ABBV	D	2.77%
KMI	A	1.72%
OKE	A	1.68%
DELL	C	1.65%
JCI	C	1.64%
CMI	A	1.63%
GM	B	1.61%
URI	B	1.58%
LNG	B	1.57%
T	A	1.56%
KR	B	1.54%
CAT	B	1.52%
LHX	C	1.48%
ET	A	1.48%
EOG	A	1.45%
RTX	C	1.37%
VLO	C	1.36%
PSX	C	1.32%
LMT	D	1.32%
MPC	D	1.27%
LEN	D	1.27%
KMB	D	1.26%
CI	F	1.25%
DHI	D	1.19%
CNC	D	1.03%
ELV	F	1.02%

PWV Underweight 59 Positions Relative to FAS

Symbol	Grade	Weight
V	A	-5.09%
MA	C	-4.24%
GS	A	-1.84%
SPGI	C	-1.62%
AXP	A	-1.6%
PGR	A	-1.49%
BLK	C	-1.44%
C	A	-1.29%
BX	A	-1.29%
FI	A	-1.2%
SCHW	B	-1.18%
MMC	B	-1.08%
KKR	A	-1.0%
ICE	C	-0.89%
PYPL	B	-0.87%
AON	A	-0.81%
CME	A	-0.8%
USB	A	-0.78%
MCO	B	-0.75%
AJG	B	-0.64%
TFC	A	-0.61%
TRV	B	-0.58%
AMP	A	-0.55%
ALL	A	-0.51%
FIS	C	-0.48%
MSCI	C	-0.47%
DFS	B	-0.43%
ACGL	D	-0.37%
MTB	A	-0.35%
HIG	B	-0.34%
WTW	B	-0.32%
FITB	A	-0.32%
NDAQ	A	-0.32%
GPN	B	-0.29%
RJF	A	-0.29%
STT	A	-0.28%
BRO	B	-0.26%
TROW	B	-0.26%
HBAN	A	-0.25%
SYF	B	-0.25%
CPAY	A	-0.25%
RF	A	-0.24%
CINF	A	-0.23%
CBOE	B	-0.21%
CFG	B	-0.21%
NTRS	A	-0.21%
FDS	B	-0.19%
KEY	B	-0.18%
WRB	A	-0.18%
PFG	D	-0.18%
EG	C	-0.16%
L	A	-0.15%
JKHY	D	-0.12%
AIZ	A	-0.11%
GL	B	-0.1%
MKTX	D	-0.1%
ERIE	D	-0.1%
IVZ	B	-0.08%
BEN	C	-0.07%