PWV vs. ICAP ETF Comparison

Comparison of PowerShares Dynamic LargeCap Value (PWV) to InfraCap Equity Income Fund ETF (ICAP)

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

ICAP

InfraCap Equity Income Fund ETF

ICAP Description

The investment seeks to maximize income and pursue total return opportunities. The fund, under normal conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that pay dividends during normal market conditions. The fund will invest primarily in securities of U.S. companies, but may invest in foreign securities, including securities of companies located in emerging markets. To obtain high yield and total return, the adviser will favor sectors and industries that it currently views are undervalued on a relative basis.

Grade (RS Rating)

Last Trade

$28.09

Average Daily Volume

7,908

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PWV	ICAP
30 Days	4.38%	3.15%
60 Days	5.52%	4.72%
90 Days	6.26%	7.68%
12 Months	31.14%	32.68%

14 Overlapping Holdings

Symbol	Grade	Weight in PWV	Weight in ICAP	Overlap
BAC	A	3.72%	3.05%	3.05%
CAT	B	1.49%	0.68%	0.68%
CVX	A	3.52%	4.14%	3.52%
ET	A	1.58%	0.03%	0.03%
JNJ	D	3.0%	0.08%	0.08%
JPM	A	3.5%	1.61%	1.61%
KMI	A	1.79%	1.0%	1.0%
KO	D	2.82%	0.07%	0.07%
MS	A	1.77%	1.98%	1.77%
OKE	A	1.75%	0.19%	0.19%
RTX	C	1.37%	0.62%	0.62%
T	A	1.59%	0.18%	0.18%
VZ	C	3.26%	0.36%	0.36%
XOM	B	3.27%	1.05%	1.05%

PWV Overweight 35 Positions Relative to ICAP

Symbol	Grade	Weight
WFC	A	4.18%
IBM	C	3.46%
ABT	B	3.27%
BRK.A	B	3.25%
PG	A	3.22%
TXN	C	3.0%
AMGN	D	2.81%
ABBV	D	2.73%
COF	B	1.74%
DELL	C	1.64%
LNG	B	1.64%
CMI	A	1.62%
BK	A	1.59%
JCI	C	1.59%
PNC	B	1.56%
URI	B	1.53%
GM	B	1.53%
MET	A	1.51%
KR	B	1.5%
EOG	A	1.46%
LHX	C	1.46%
PRU	A	1.45%
AFL	B	1.41%
CB	C	1.4%
VLO	C	1.37%
AIG	B	1.37%
PSX	C	1.34%
LMT	D	1.31%
KMB	D	1.3%
MPC	D	1.28%
LEN	D	1.26%
CI	F	1.25%
DHI	D	1.19%
CNC	D	1.03%
ELV	F	0.99%

PWV Underweight 58 Positions Relative to ICAP

Symbol	Grade	Weight
GS	A	-4.97%
C	A	-4.23%
EQIX	A	-4.14%
MTB	A	-3.96%
KRC	C	-3.91%
AMZN	C	-3.87%
MPLX	A	-3.27%
AES	F	-3.2%
CFG	B	-3.15%
BXP	D	-3.13%
ORCL	B	-3.02%
FRT	B	-2.91%
SLMBP	C	-2.79%
DLR	B	-2.77%
AB	C	-2.37%
ARE	D	-2.06%
TFC	A	-2.05%
NYMTN	D	-1.95%
AVGO	D	-1.95%
UGI	A	-1.83%
KHC	F	-1.82%
REXR	F	-1.7%
SPG	B	-1.69%
EIX	B	-1.67%
MCD	D	-1.58%
FANG	D	-1.48%
ARES	A	-1.47%
VOD	F	-1.43%
O	D	-1.28%
SO	D	-1.27%
DOW	F	-1.17%
CCI	D	-1.07%
FITB	A	-1.06%
USB	A	-1.03%
HON	B	-1.01%
BLMN	F	-0.98%
HPE	B	-0.98%
MRK	F	-0.85%
NWN	A	-0.74%
PM	B	-0.65%
IRM	D	-0.63%
MMM	D	-0.58%
MSFT	F	-0.55%
AMT	D	-0.55%
CSCO	B	-0.5%
CTDD	C	-0.33%
EPR	D	-0.31%
PAA	B	-0.3%
RRR	D	-0.26%
NEE	D	-0.26%
NEE	D	-0.21%
DUK	C	-0.21%
MO	A	-0.07%
GD	F	-0.02%
WMB	A	-0.01%
D	C	-0.01%
UZE	B	-0.01%
UNH	C	-0.01%