SPHQ vs. PAPI ETF Comparison

Comparison of PowerShares S&P 500 High Quality Portfolio (SPHQ) to Parametric Equity Premium Income ETF (PAPI)

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$68.34

Average Daily Volume

861,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	SPHQ	PAPI
30 Days	2.20%	3.08%
60 Days	1.70%	3.73%
90 Days	3.87%	4.88%
12 Months	32.58%	19.25%

30 Overlapping Holdings

Symbol	Grade	Weight in SPHQ	Weight in PAPI	Overlap
ADM	D	0.26%	0.47%	0.26%
ADP	B	2.01%	0.54%	0.54%
AOS	F	0.11%	0.48%	0.11%
CINF	A	0.23%	0.58%	0.23%
CMI	A	0.57%	0.57%	0.57%
COR	B	0.46%	0.54%	0.46%
COST	B	4.29%	0.54%	0.54%
CSCO	B	2.61%	0.54%	0.54%
CTSH	B	0.37%	0.53%	0.37%
DD	D	0.32%	0.51%	0.32%
EA	A	0.37%	0.59%	0.37%
EMR	A	0.88%	0.61%	0.61%
EXPD	D	0.21%	0.52%	0.21%
FAST	B	0.59%	0.56%	0.56%
JKHY	D	0.13%	0.49%	0.13%
JNJ	D	4.84%	0.5%	0.5%
KMB	D	0.52%	0.49%	0.49%
LEN	D	0.42%	0.47%	0.42%
LH	C	0.23%	0.57%	0.23%
LYB	F	0.21%	0.48%	0.21%
MSFT	F	4.5%	0.53%	0.53%
OMC	C	0.2%	0.49%	0.2%
PAYX	C	0.66%	0.53%	0.53%
PEP	F	2.26%	0.48%	0.48%
PG	A	3.89%	0.52%	0.52%
QCOM	F	2.2%	0.49%	0.49%
SWKS	F	0.14%	0.45%	0.14%
TJX	A	1.54%	0.54%	0.54%
TROW	B	0.26%	0.56%	0.26%
VLO	C	0.44%	0.55%	0.44%

SPHQ Overweight 69 Positions Relative to PAPI

Symbol	Grade	Weight
MA	C	5.45%
V	A	5.29%
AVGO	D	5.28%
AAPL	C	4.97%
NFLX	A	4.24%
ADBE	C	2.87%
GE	D	2.02%
CAT	B	2.01%
INTU	C	1.83%
AMAT	F	1.68%
LMT	D	1.65%
PGR	A	1.63%
PANW	C	1.24%
ITW	B	1.16%
NKE	D	1.08%
LRCX	F	1.06%
KLAC	D	1.05%
SHW	A	1.01%
MDLZ	F	0.9%
AMP	A	0.86%
ADSK	A	0.86%
CTAS	B	0.76%
ZTS	D	0.74%
MCO	B	0.73%
IT	C	0.64%
GWW	B	0.59%
MPC	D	0.58%
ROST	C	0.47%
KVUE	A	0.46%
VRSK	A	0.45%
MLM	B	0.44%
MCHP	D	0.43%
ACGL	D	0.41%
ROK	B	0.4%
IDXX	F	0.4%
GEHC	F	0.4%
MNST	C	0.4%
LULU	C	0.38%
SYY	B	0.37%
A	D	0.37%
VMC	B	0.37%
CNC	D	0.36%
EBAY	D	0.34%
NVR	D	0.3%
DECK	A	0.29%
BR	A	0.27%
BALL	D	0.27%
KEYS	A	0.26%
K	A	0.26%
HSY	F	0.26%
VLTO	D	0.26%
CDW	F	0.25%
CLX	B	0.24%
BLDR	D	0.24%
ULTA	F	0.21%
STE	F	0.2%
BAX	D	0.19%
POOL	C	0.19%
JBL	B	0.19%
HOLX	D	0.17%
EG	C	0.16%
FFIV	B	0.15%
CHRW	C	0.14%
APA	D	0.1%
MKTX	D	0.1%
BWA	D	0.1%
PAYC	B	0.1%
RL	B	0.09%
SOLV	C	0.09%

SPHQ Underweight 159 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.65%
SNA	A	-0.63%
IP	B	-0.63%
DTM	B	-0.62%
BKR	B	-0.62%
OKE	A	-0.61%
UNM	A	-0.61%
IDCC	A	-0.61%
PINC	B	-0.6%
FOX	A	-0.59%
CFR	B	-0.59%
TAP	C	-0.59%
PB	A	-0.59%
MO	A	-0.59%
IDA	A	-0.59%
KMI	A	-0.58%
JHG	A	-0.58%
WMB	A	-0.58%
JCI	C	-0.58%
WHR	B	-0.57%
RHI	B	-0.57%
TRV	B	-0.57%
SRE	A	-0.57%
CTRA	B	-0.57%
RF	A	-0.57%
DGX	A	-0.57%
SYK	C	-0.57%
TXRH	C	-0.57%
FOXA	B	-0.57%
XEL	A	-0.57%
CVX	A	-0.57%
WSO	A	-0.56%
CAH	B	-0.56%
EOG	A	-0.56%
RS	B	-0.56%
PKG	A	-0.56%
PM	B	-0.56%
COP	C	-0.56%
PPL	B	-0.55%
DCI	B	-0.55%
INGR	B	-0.55%
UNH	C	-0.55%
GGG	B	-0.55%
EVRG	A	-0.55%
OGE	B	-0.55%
T	A	-0.55%
GNTX	C	-0.54%
MOS	F	-0.54%
PAG	B	-0.54%
CMCSA	B	-0.54%
OGS	A	-0.54%
ORI	A	-0.54%
WMT	A	-0.54%
CHD	B	-0.54%
AFG	A	-0.54%
DRI	B	-0.54%
MTN	C	-0.54%
AEE	A	-0.54%
LHX	C	-0.53%
AM	A	-0.53%
GILD	C	-0.53%
TXN	C	-0.53%
PRU	A	-0.53%
ATO	A	-0.53%
MSM	C	-0.53%
COLM	B	-0.53%
HPE	B	-0.53%
GLW	B	-0.53%
HP	B	-0.52%
LNT	A	-0.52%
BMI	B	-0.52%
ROP	B	-0.52%
ABT	B	-0.52%
NFG	A	-0.52%
ATR	B	-0.52%
PEG	A	-0.52%
UPS	C	-0.52%
HPQ	B	-0.52%
XOM	B	-0.52%
PSX	C	-0.52%
CHRD	D	-0.52%
WEC	A	-0.52%
CME	A	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
DINO	D	-0.51%
HIG	B	-0.51%
FNF	B	-0.51%
APD	A	-0.51%
LKQ	D	-0.51%
OXM	D	-0.51%
MDT	D	-0.51%
CTVA	C	-0.5%
BDX	F	-0.5%
DUK	C	-0.5%
RTX	C	-0.5%
POWI	D	-0.5%
NYT	C	-0.5%
DVN	F	-0.5%
FE	C	-0.5%
GD	F	-0.5%
ACN	C	-0.5%
VZ	C	-0.5%
CCOI	B	-0.5%
SNX	C	-0.5%
PFG	D	-0.5%
AEP	D	-0.5%
RGLD	C	-0.5%
BG	F	-0.5%
D	C	-0.5%
MTG	C	-0.5%
SO	D	-0.5%
AFL	B	-0.5%
DOX	D	-0.49%
CHE	D	-0.49%
BBY	D	-0.49%
PPG	F	-0.49%
SON	D	-0.49%
FLO	D	-0.49%
LIN	D	-0.49%
EMN	D	-0.49%
HRL	D	-0.49%
CAG	D	-0.48%
WEN	D	-0.48%
ADI	D	-0.48%
ED	D	-0.48%
RPRX	D	-0.48%
LEA	D	-0.48%
WU	D	-0.48%
SHOO	D	-0.47%
AMCR	D	-0.47%
CI	F	-0.47%
KDP	D	-0.46%
ABBV	D	-0.46%
ASH	D	-0.46%
FMC	D	-0.46%
HAS	D	-0.46%
KHC	F	-0.46%
MRK	F	-0.46%
IBM	C	-0.46%
IPG	D	-0.45%
GPC	D	-0.45%
KO	D	-0.45%
DHR	F	-0.45%
ESNT	D	-0.45%
HUN	F	-0.44%
MAN	D	-0.44%
DOW	F	-0.44%
PFE	D	-0.44%
INSW	F	-0.44%
PII	D	-0.43%
ELV	F	-0.43%
CVI	F	-0.42%
CRI	D	-0.41%
HII	D	-0.39%
NEM	D	-0.38%
SCCO	F	-0.0%