QPFF vs. PGX ETF Comparison

Comparison of American Century Quality Preferred ETF (QPFF) to PowerShares Preferred Portfolio (PGX)

QPFF

American Century Quality Preferred ETF

QPFF Description

The investment seeks current income and capital appreciation. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's net assets, plus any borrowings for investment purposes, in preferred securities issued by U.S. and non-U.S. companies. Preferred securities in which the fund may invest include preferred stock, hybrid preferred securities that have characteristics similar to both preferred stock and debt securities, floating rate preferred securities, junior subordinated debt, senior unsecured debt obligations denominated in $25 par amounts, re-packaged preferreds, and convertible securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.96

Average Daily Volume

35,140

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PGX

PowerShares Preferred Portfolio

PGX Description

The PowerShares Preferred Portfolio is based on The BofA Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. The Fund will normally invest at least 80% of its total assets in fixed rate US dollar-denominated preferred securities that comprise the Index. The Index tracks the performance of fixed rate US dollar-denominated preferred securities issued in the US domestic market. (Securities must be rated at least B3, based on an average of three leading ratings agencies: Moodyâs, S&P and Fitch) and must have an investment-grade country risk profile (based on an average of Moodyâs, S&P and Fitch foreign currency long-term sovereign debt ratings). The Fund and the Index are rebalanced and reconstituted on a monthly basis.

Grade (RS Rating)

Last Trade

$11.48

Average Daily Volume

3,879,869

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QPFF	PGX
30 Days	-2.35%	-2.23%
60 Days	-1.87%	-2.42%
90 Days	-1.45%	-1.87%
12 Months	5.72%	9.58%

10 Overlapping Holdings

Symbol	Grade	Weight in QPFF	Weight in PGX	Overlap
ACGLO	C	0.51%	0.29%	0.29%
BPYPN	A	0.82%	0.14%	0.14%
CMSC	C	0.5%	0.27%	0.27%
CMSD	C	0.71%	0.59%	0.59%
DUKB	D	1.16%	0.46%	0.46%
MGR	D	1.56%	0.26%	0.26%
PFH	C	0.46%	0.38%	0.38%
SREA	B	0.87%	0.7%	0.7%
T	B	1.15%	1.34%	1.15%
TBB	C	1.74%	1.17%	1.17%

QPFF Overweight 4 Positions Relative to PGX

Symbol	Grade	Weight
AGNC	B	1.05%
CHSCM	A	0.49%
CHSCN	B	0.48%
AQNB	A	0.41%

QPFF Underweight 33 Positions Relative to PGX

Symbol	Grade	Weight
SOJD	D	-0.85%
TBC	C	-0.77%
RZC	A	-0.73%
PRS	C	-0.54%
SOJC	D	-0.41%
ESGRP	B	-0.4%
RZB	A	-0.38%
BPYPM	A	-0.38%
DTW	D	-0.36%
UZE	C	-0.35%
UNMA	A	-0.29%
WTFCP	A	-0.28%
CTDD	F	-0.25%
GPJA	D	-0.24%
NRUC	B	-0.24%
EAI	D	-0.24%
OZKAP	B	-0.23%
ELC	C	-0.22%
EMP	C	-0.22%
AIZN	D	-0.21%
ENO	C	-0.21%
CMSA	C	-0.19%
SFB	C	-0.19%
AFGC	D	-0.17%
FCNCO	C	-0.16%
AFGE	C	-0.15%
BPYPO	B	-0.14%
AFGD	D	-0.13%
WTFCM	A	-0.12%
BPYPP	A	-0.11%
AFGB	C	-0.11%
VLYPP	A	-0.1%
BPOPM	C	-0.03%

QPFF: Top Represented Industries & Keywords

Industries: Other Farm Products Insurance Insurance - Diversified REIT - Residential Real Estate Services Telecom Services