REM vs. PFI ETF Comparison

Comparison of iShares Mortgage Real Estate Capped ETF (REM) to PowerShares Dynamic Financial (PFI)

REM

iShares Mortgage Real Estate Capped ETF

REM Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.82

Average Daily Volume

320,171

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFI

PowerShares Dynamic Financial

PFI Description

The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial 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 financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$46.61

Average Daily Volume

7,890

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REM	PFI
30 Days	-3.69%	-3.51%
60 Days	-2.16%	-1.44%
90 Days	-7.04%	5.34%
12 Months	8.82%	15.87%

0 Overlapping Holdings

	Symbol	Grade	Weight in REM	Weight in PFI	Overlap

REM Overweight 32 Positions Relative to PFI

Symbol	Grade	Weight
NLY	C	15.35%
AGNC	C	10.76%
STWD	D	9.65%
RITM	A	8.81%
BXMT	D	4.28%
ABR	D	4.27%
ARI	B	3.74%
RC	D	3.39%
TWO	D	3.07%
LADR	D	2.95%
PMT	C	2.93%
MFA	C	2.66%
FBRT	D	2.58%
CIM	F	2.28%
ARR	D	2.17%
EFC	D	2.11%
BRSP	D	2.01%
CMTG	F	1.98%
RWT	D	1.84%
DX	D	1.65%
NYMT	F	1.56%
KREF	D	1.43%
TRTX	A	1.25%
ORC	D	1.07%
IVR	D	1.01%
ACRE	F	0.87%
REFI	C	0.64%
GPMT	D	0.55%
AFCG	B	0.49%
SEVN	A	0.41%
AOMR	A	0.33%
NREF	D	0.27%

REM Underweight 43 Positions Relative to PFI

Symbol	Grade	Weight
MA	C	-5.8%
KNSL	C	-5.09%
ARES	C	-4.67%
JPM	B	-4.07%
APO	B	-4.0%
V	C	-3.53%
KKR	B	-3.15%
COIN	B	-3.05%
AJG	C	-2.95%
COOP	A	-2.91%
FCNCA	B	-2.62%
MMC	B	-2.52%
AXP	B	-2.5%
BRO	C	-2.5%
PGR	A	-2.12%
SPG	C	-1.91%
HOOD	A	-1.91%
AIG	B	-1.89%
RHP	C	-1.82%
CB	C	-1.75%
PRI	D	-1.73%
HLI	B	-1.67%
JXN	A	-1.61%
PIPR	B	-1.57%
EVR	B	-1.51%
DFIN	B	-1.46%
AGO	D	-1.45%
SFBS	C	-1.42%
OMF	A	-1.4%
BGC	B	-1.36%
ERIE	C	-1.34%
SLG	B	-1.32%
AGM	C	-1.32%
VCTR	A	-1.32%
MTG	C	-1.31%
ORI	B	-1.31%
RGA	A	-1.29%
HCI	A	-1.23%
SKT	C	-1.23%
RYAN	C	-1.16%
OFG	C	-1.16%
ENVA	C	-1.15%
TREE	D	-1.1%