SPDV vs. PEY ETF Comparison

Comparison of AAM S&P 500 High Dividend Value ETF (SPDV) to PowerShares High Yield Dividend Achievers (PEY)

SPDV

AAM S&P 500 High Dividend Value ETF

SPDV Description

The investment seeks to track the total return performance, before fees and expenses, of the S&P 500 Dividend and Free Cash Flow Yield Index. The index is a rules-based, equal-weighted index that is designed to provide exposure to the constituents of the S&P 500® Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. At least 80% of the fund?s net assets, plus borrowings for investment purposes, will be invested in equity securities that (i) are included in the S&P 500 Index and (ii) have had a positive indicated annual dividend yield within the past year.

Grade (RS Rating)

Last Trade

$29.62

Average Daily Volume

4,951

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEY

PowerShares High Yield Dividend Achievers

PEY Description

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$20.10

Average Daily Volume

265,792

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPDV	PEY
30 Days	-4.22%	-0.39%
60 Days	0.01%	2.79%
90 Days	2.78%	0.75%
12 Months	15.45%	10.72%

13 Overlapping Holdings

Symbol	Grade	Weight in SPDV	Weight in PEY	Overlap
BBY	D	1.88%	1.57%	1.57%
BMY	F	1.63%	1.54%	1.54%
HPQ	D	1.74%	1.42%	1.42%
IPG	F	1.77%	1.51%	1.51%
KEY	C	1.85%	2.3%	1.85%
KMB	A	2.11%	1.7%	1.7%
LYB	D	1.95%	1.89%	1.89%
MMM	A	2.12%	2.7%	2.12%
MO	A	1.99%	3.9%	1.99%
SWK	F	1.75%	1.44%	1.44%
TFC	A	1.85%	2.51%	1.85%
USB	C	1.77%	1.74%	1.74%
VZ	D	1.74%	2.5%	1.74%

SPDV Overweight 40 Positions Relative to PEY

Symbol	Grade	Weight
VLO	C	2.34%
CMI	C	2.26%
EBAY	C	2.25%
PEG	A	2.18%
F	C	2.16%
OKE	C	2.16%
PSX	D	2.15%
CTRA	A	2.08%
KMI	A	2.04%
BBWI	C	2.02%
OMC	B	1.98%
HPE	D	1.97%
ATO	A	1.95%
DOW	C	1.94%
CAG	B	1.94%
WEC	B	1.92%
CF	F	1.91%
KHC	B	1.91%
TPR	D	1.91%
CFG	A	1.9%
HBAN	A	1.89%
TAP	F	1.88%
ABBV	D	1.86%
SPG	D	1.85%
T	C	1.81%
VTRS	D	1.79%
HST	D	1.78%
IBM	D	1.77%
AMCR	A	1.76%
SWKS	F	1.75%
DOC	A	1.75%
CSCO	F	1.71%
IP	D	1.69%
KIM	C	1.67%
CVS	F	1.66%
BXP	F	1.61%
RHI	F	1.59%
CMCSA	F	1.58%
GILD	F	1.5%
CHRW	C	1.5%

SPDV Underweight 36 Positions Relative to PEY

Symbol	Grade	Weight
FIBK	B	-2.89%
UVV	B	-2.8%
WBA	F	-2.51%
UGI	C	-2.49%
PFE	D	-2.47%
AVA	B	-2.39%
PM	A	-2.36%
LEG	F	-2.24%
NWE	B	-2.2%
PNW	B	-2.17%
NWN	B	-2.13%
OGE	A	-2.09%
EVRG	B	-2.07%
PRGO	B	-2.02%
BKH	B	-2.01%
RF	B	-2.01%
ALE	A	-2.0%
SR	B	-1.99%
POR	B	-1.98%
TDS	D	-1.94%
TRN	A	-1.88%
ES	B	-1.87%
PRU	C	-1.85%
WSBC	D	-1.79%
FLO	B	-1.78%
PNC	A	-1.69%
UPS	F	-1.67%
MAN	B	-1.65%
CVX	B	-1.65%
TROW	D	-1.62%
K	B	-1.62%
INDB	C	-1.59%
UBSI	D	-1.55%
EMN	A	-1.52%
CCOI	F	-1.45%
BEN	F	-1.42%