SPHD vs. VNQ ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to Vanguard REIT ETF - DNQ (VNQ)

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

$51.34

Average Daily Volume

653,434

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$97.58

Average Daily Volume

3,447,073

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	VNQ
30 Days	2.92%	1.92%
60 Days	3.07%	1.08%
90 Days	5.47%	3.71%
12 Months	33.70%	27.53%

6 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in VNQ	Overlap
CCI	D	2.52%	2.66%	2.52%
FRT	A	1.84%	0.47%	0.47%
HST	C	1.82%	0.69%	0.69%
O	D	2.14%	2.95%	2.14%
SPG	C	2.46%	3.15%	2.46%
VICI	C	2.42%	1.73%	1.73%

SPHD Overweight 44 Positions Relative to VNQ

Symbol	Grade	Weight
MO	A	3.1%
BMY	B	2.97%
KMI	B	2.93%
T	A	2.72%
VZ	B	2.68%
OKE	C	2.52%
D	C	2.38%
PM	B	2.32%
WMB	B	2.28%
KVUE	A	2.26%
K	A	2.26%
GILD	B	2.24%
ETR	B	2.21%
EVRG	A	2.18%
PFE	D	2.13%
AMCR	D	2.06%
PNW	B	2.02%
VTRS	B	2.01%
UPS	C	1.98%
KHC	D	1.94%
WEC	A	1.93%
ES	D	1.9%
LYB	F	1.88%
EIX	A	1.84%
CAG	D	1.84%
EXC	D	1.8%
DOW	F	1.8%
PRU	A	1.78%
IBM	C	1.77%
FE	D	1.75%
IPG	C	1.75%
DRI	B	1.69%
CSCO	A	1.68%
DUK	C	1.68%
CVX	B	1.65%
MDT	D	1.55%
GIS	D	1.49%
SJM	D	1.48%
OMC	C	1.43%
HRL	D	1.42%
XOM	C	1.39%
EMN	D	1.38%
ABBV	D	1.37%
JNJ	D	1.3%

SPHD Underweight 139 Positions Relative to VNQ

Symbol	Grade	Weight
PLD	D	-5.97%
AMT	D	-5.69%
EQIX	A	-4.79%
WELL	C	-4.5%
DLR	A	-3.3%
PSA	C	-2.97%
CBRE	B	-2.29%
IRM	C	-2.07%
EXR	C	-1.97%
AVB	B	-1.8%
CSGP	C	-1.7%
VTR	D	-1.51%
SBAC	D	-1.41%
EQR	B	-1.37%
WY	D	-1.3%
INVH	D	-1.1%
ESS	B	-1.04%
MAA	B	-1.01%
ARE	D	-1.0%
SUI	D	-0.94%
KIM	A	-0.91%
DOC	C	-0.9%
GLPI	B	-0.78%
UDR	B	-0.75%
JLL	B	-0.74%
REG	B	-0.72%
ELS	C	-0.71%
WPC	D	-0.7%
CPT	B	-0.7%
BXP	D	-0.69%
LAMR	C	-0.66%
AMH	C	-0.66%
CUBE	D	-0.61%
OHI	D	-0.6%
Z	B	-0.54%
REXR	F	-0.53%
EGP	D	-0.47%
BRX	A	-0.46%
NNN	D	-0.45%
ADC	B	-0.43%
COLD	F	-0.4%
FR	C	-0.4%
STAG	D	-0.39%
VNO	B	-0.38%
RHP	B	-0.35%
TRNO	D	-0.33%
EPRT	B	-0.32%
KRG	B	-0.32%
SLG	B	-0.28%
CUZ	B	-0.27%
KRC	C	-0.26%
SBRA	B	-0.26%
PECO	B	-0.26%
CTRE	D	-0.26%
IRT	B	-0.25%
RYN	C	-0.25%
MAC	A	-0.23%
CDP	C	-0.21%
SKT	A	-0.21%
IIPR	D	-0.21%
EPR	D	-0.2%
HIW	D	-0.2%
PCH	C	-0.19%
BNL	D	-0.19%
NHI	D	-0.19%
APLE	B	-0.19%
CWK	B	-0.18%
ZG	B	-0.18%
PK	B	-0.17%
DEI	A	-0.17%
NSA	C	-0.17%
LXP	D	-0.16%
MPW	F	-0.16%
COMP	A	-0.15%
UE	B	-0.15%
HHH	B	-0.14%
AKR	A	-0.14%
FCPT	C	-0.14%
IVT	B	-0.13%
OUT	A	-0.13%
EQC	B	-0.12%
NMRK	B	-0.12%
SHO	C	-0.11%
ROIC	A	-0.11%
DRH	B	-0.1%
JOE	F	-0.1%
GNL	D	-0.09%
GTY	A	-0.09%
LTC	B	-0.09%
DEA	D	-0.08%
ALEX	B	-0.08%
RLJ	C	-0.08%
JBGS	D	-0.08%
XHR	A	-0.08%
PEB	D	-0.08%
ESRT	C	-0.08%
ELME	D	-0.08%
RDFN	D	-0.07%
KW	C	-0.07%
UNIT	B	-0.07%
VRE	C	-0.07%
PDM	D	-0.07%
UMH	B	-0.07%
AAT	B	-0.07%
NXRT	B	-0.06%
EXPI	C	-0.06%
OPEN	C	-0.06%
CSR	B	-0.06%
AIV	C	-0.06%
NTST	D	-0.06%
PLYM	F	-0.05%
PGRE	D	-0.05%
AHH	D	-0.05%
BDN	C	-0.05%
MMI	B	-0.05%
GOOD	A	-0.04%
FOR	F	-0.04%
INN	C	-0.04%
LAND	F	-0.03%
OLP	B	-0.03%
PKST	D	-0.03%
BFS	C	-0.03%
UHT	D	-0.03%
CHCT	C	-0.03%
ALX	D	-0.03%
SVC	F	-0.03%
FPI	A	-0.03%
HPP	F	-0.03%
GMRE	D	-0.03%
WSR	A	-0.03%
DHC	F	-0.03%
TRC	D	-0.02%
CBL	A	-0.02%
RMR	F	-0.02%
CLDT	C	-0.02%
SRG	D	-0.01%
NXDT	F	-0.01%
CIO	D	-0.01%
OPI	F	-0.0%