SPHD vs. FTA ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$44.95

Average Daily Volume

620,597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$75.16

Average Daily Volume

43,707

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	FTA
30 Days	5.59%	2.35%
60 Days	4.67%	2.73%
90 Days	10.31%	8.31%
12 Months	15.56%	21.79%

33 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in FTA	Overlap
AEP	A	1.95%	0.56%	0.56%
BBY	D	1.95%	0.48%	0.48%
BMY	F	1.59%	0.6%	0.6%
CAG	B	1.99%	0.77%	0.77%
CVX	B	1.85%	0.95%	0.95%
D	A	2.7%	0.57%	0.57%
DOW	B	2.25%	0.18%	0.18%
DUK	A	1.82%	0.57%	0.57%
EIX	A	1.92%	0.56%	0.56%
EQR	A	2.01%	0.57%	0.57%
ETR	A	1.96%	0.97%	0.97%
EXC	B	1.81%	0.75%	0.75%
FE	A	1.91%	0.38%	0.38%
GILD	F	1.25%	0.48%	0.48%
GIS	B	1.54%	0.37%	0.37%
GLW	B	1.65%	0.18%	0.18%
HPQ	C	1.39%	0.51%	0.51%
HRL	B	1.6%	0.37%	0.37%
K	B	1.92%	0.19%	0.19%
KHC	B	1.72%	0.72%	0.72%
KMB	C	1.83%	0.19%	0.19%
KMI	A	2.87%	0.76%	0.76%
LYB	C	2.27%	0.73%	0.73%
MDT	C	1.32%	0.35%	0.35%
OKE	A	2.52%	0.53%	0.53%
OMC	A	1.38%	0.18%	0.18%
PFE	C	2.31%	0.18%	0.18%
PRU	A	2.17%	0.18%	0.18%
T	B	2.75%	0.9%	0.9%
UPS	D	1.58%	0.37%	0.37%
VTRS	D	1.83%	0.73%	0.73%
VZ	C	2.71%	0.69%	0.69%
XOM	B	1.76%	0.92%	0.92%

SPHD Overweight 17 Positions Relative to FTA

Symbol	Grade	Weight
MO	A	3.11%
WMB	A	2.41%
PM	A	2.39%
MMM	B	2.32%
AMCR	A	2.26%
PNW	B	2.2%
O	B	2.19%
SPG	D	2.18%
IP	B	2.13%
EVRG	B	2.12%
CCI	D	2.02%
ES	B	2.01%
VICI	B	1.97%
UDR	B	1.85%
FRT	C	1.74%
IBM	D	1.61%
ABBV	D	1.55%

SPHD Underweight 153 Positions Relative to FTA

Symbol	Grade	Weight
UAL	B	-1.02%
EQT	C	-1.01%
ED	A	-0.99%
MKL	A	-0.98%
ACGL	B	-0.98%
OC	A	-0.97%
APTV	C	-0.96%
FANG	C	-0.95%
DVN	C	-0.94%
BG	B	-0.94%
EOG	C	-0.94%
CTRA	B	-0.93%
GM	B	-0.92%
OXY	D	-0.92%
ADM	C	-0.91%
LNG	F	-0.9%
COP	D	-0.9%
BRK.A	C	-0.89%
HPE	D	-0.88%
EG	C	-0.88%
MRO	D	-0.88%
LEN	C	-0.87%
CINF	C	-0.87%
F	D	-0.85%
VLO	D	-0.85%
DHI	D	-0.85%
STLD	D	-0.83%
MPC	D	-0.83%
CF	F	-0.83%
CMCSA	D	-0.82%
PSX	D	-0.82%
PEG	A	-0.8%
NUE	D	-0.8%
SYF	C	-0.78%
PCG	B	-0.78%
WFC	A	-0.77%
WPC	B	-0.76%
XEL	C	-0.76%
AIG	B	-0.76%
SRE	A	-0.76%
DTE	A	-0.75%
MTB	A	-0.75%
AEE	B	-0.74%
TEL	A	-0.73%
HBAN	A	-0.73%
L	A	-0.73%
KIM	B	-0.72%
CB	C	-0.72%
CFG	A	-0.72%
C	A	-0.72%
COF	B	-0.71%
HAL	D	-0.7%
CE	C	-0.7%
EBAY	B	-0.7%
RF	B	-0.69%
WBD	D	-0.66%
CVS	F	-0.65%
RS	D	-0.65%
SWKS	D	-0.63%
BEN	D	-0.61%
LKQ	F	-0.61%
KDP	A	-0.59%
GS	A	-0.57%
DGX	A	-0.56%
CNP	B	-0.56%
ATO	C	-0.55%
FITB	B	-0.55%
BAC	A	-0.54%
STT	B	-0.53%
UHAL	B	-0.53%
AFL	A	-0.53%
DE	B	-0.53%
BKR	D	-0.52%
HIG	C	-0.52%
PNC	A	-0.52%
CNC	C	-0.52%
KR	D	-0.52%
CSCO	D	-0.51%
IPG	D	-0.51%
INCY	D	-0.51%
CTSH	D	-0.5%
LUV	F	-0.5%
USB	D	-0.5%
NWSA	C	-0.5%
SNA	D	-0.5%
TROW	D	-0.49%
TDY	D	-0.49%
FDX	C	-0.48%
JBL	F	-0.47%
GPN	F	-0.45%
NEE	A	-0.42%
VTR	B	-0.4%
CRBG	B	-0.39%
BIIB	C	-0.38%
CPB	B	-0.38%
MS	A	-0.38%
HSY	B	-0.38%
WEC	B	-0.38%
WLK	B	-0.38%
LMT	A	-0.38%
APD	C	-0.38%
CMS	A	-0.38%
FOXA	B	-0.38%
MAA	B	-0.38%
GPC	B	-0.37%
MDLZ	B	-0.37%
SSNC	B	-0.36%
PYPL	C	-0.36%
JCI	B	-0.36%
HUM	D	-0.35%
HCA	D	-0.35%
TRV	D	-0.35%
PKG	D	-0.35%
KEY	C	-0.35%
ZM	D	-0.35%
CI	D	-0.35%
LOW	D	-0.34%
TXT	D	-0.34%
ZBH	D	-0.34%
CHTR	F	-0.34%
TGT	D	-0.33%
JBHT	D	-0.31%
CPNG	C	-0.24%
TSCO	B	-0.19%
ELV	A	-0.19%
DD	A	-0.19%
GD	A	-0.19%
RTX	A	-0.19%
QCOM	A	-0.19%
AWK	B	-0.19%
RJF	B	-0.18%
FNF	B	-0.18%
CTVA	B	-0.18%
NKE	F	-0.18%
WMT	B	-0.18%
REGN	B	-0.18%
UNH	B	-0.18%
LHX	A	-0.18%
DOV	A	-0.18%
J	D	-0.17%
LH	D	-0.17%
POOL	D	-0.17%
PPG	D	-0.17%
ARE	D	-0.17%
SYY	D	-0.17%
JNJ	D	-0.17%
EXPD	D	-0.17%
WRB	D	-0.16%
DG	D	-0.16%
EPAM	F	-0.16%
MOH	D	-0.15%
WY	D	-0.15%
INTC	F	-0.12%

SPHD: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Packaged Foods Drug Manufacturers - Major Utilities - Diversified Oil & Gas Midstream REIT - Retail Oil & Gas Integrated Packaging & Containers REIT - Diversified REIT - Residential Telecom Services Tobacco Advertising Agencies Chemicals Computer Systems Diversified Industrials Drug Manufacturers - Specialty & Generic Electronic Components Household & Personal Products Information Technology Services