SPHQ vs. WBIG ETF Comparison

Comparison of PowerShares S&P 500 High Quality Portfolio (SPHQ) to WBI Large Cap Tactical Yield Shares (WBIG)

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

$67.15

Average Daily Volume

993,299

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIG

WBI Large Cap Tactical Yield Shares

WBIG Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the dividend-paying equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display attractive dividend payment prospects, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$24.62

Average Daily Volume

1,506

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPHQ	WBIG
30 Days	2.62%	2.33%
60 Days	5.48%	1.88%
90 Days	5.98%	3.29%
12 Months	35.19%	12.39%

12 Overlapping Holdings

Symbol	Grade	Weight in SPHQ	Weight in WBIG	Overlap
AAPL	C	5.04%	2.9%	2.9%
ADBE	F	2.88%	2.61%	2.61%
ADP	C	1.87%	5.03%	1.87%
CDW	D	0.32%	3.05%	0.32%
CHRW	B	0.13%	0.85%	0.13%
DECK	C	0.26%	2.99%	0.26%
GWW	B	0.53%	3.86%	0.53%
INTU	D	1.73%	2.81%	1.73%
LRCX	D	1.13%	2.07%	1.13%
PANW	D	1.06%	2.87%	1.06%
QCOM	D	2.36%	2.43%	2.36%
ROST	C	0.51%	4.0%	0.51%

SPHQ Overweight 86 Positions Relative to WBIG

Symbol	Grade	Weight
JNJ	C	5.32%
AVGO	C	5.26%
MA	B	5.22%
V	C	4.96%
MSFT	C	4.67%
COST	C	4.23%
PG	C	4.05%
NFLX	B	3.6%
PEP	D	2.42%
CSCO	B	2.34%
GE	C	2.13%
CAT	B	1.96%
AMAT	D	1.8%
LMT	A	1.76%
PGR	C	1.63%
TJX	C	1.54%
KLAC	D	1.28%
NKE	D	1.17%
ITW	B	1.12%
MDLZ	C	1.03%
SHW	B	1.0%
ZTS	B	0.83%
ADSK	B	0.77%
MCO	C	0.76%
EMR	D	0.73%
CTAS	C	0.72%
AMP	B	0.71%
MPC	F	0.62%
IT	C	0.62%
PAYX	C	0.61%
KMB	C	0.55%
MCHP	D	0.53%
FAST	C	0.52%
LEN	B	0.49%
IDXX	D	0.49%
CMI	B	0.49%
TEL	D	0.48%
CNC	D	0.47%
ACGL	B	0.46%
GEHC	B	0.45%
KVUE	B	0.45%
VLO	F	0.44%
VRSK	D	0.42%
A	C	0.41%
MLM	D	0.41%
ROK	D	0.38%
MNST	D	0.38%
SYY	C	0.37%
EBAY	B	0.35%
CTSH	B	0.35%
VMC	C	0.34%
DD	B	0.33%
LULU	D	0.32%
EA	D	0.32%
ADM	D	0.31%
NVR	B	0.31%
BALL	C	0.3%
VLTO	B	0.28%
HSY	D	0.28%
BLDR	C	0.27%
K	A	0.26%
KEYS	B	0.26%
BR	C	0.25%
LYB	D	0.25%
CLX	C	0.24%
BAX	C	0.24%
TROW	C	0.24%
ULTA	D	0.23%
EXPD	B	0.22%
STE	B	0.22%
CINF	C	0.21%
OMC	B	0.2%
POOL	C	0.2%
HOLX	D	0.19%
JBL	C	0.17%
EG	B	0.17%
SWKS	F	0.16%
FFIV	B	0.14%
AOS	B	0.13%
JKHY	B	0.13%
APA	F	0.11%
MKTX	D	0.1%
SOLV	D	0.1%
BWA	C	0.1%
RL	B	0.08%
PAYC	D	0.08%

SPHQ Underweight 19 Positions Relative to WBIG

Symbol	Grade	Weight
T	B	-4.84%
WRB	D	-4.67%
RGA	C	-4.55%
DTE	A	-4.5%
PM	C	-4.49%
WHR	C	-4.17%
KNTK	C	-3.96%
TMUS	B	-3.93%
YUMC	C	-3.92%
SO	B	-3.91%
BDX	D	-3.85%
BX	C	-3.75%
CI	C	-3.27%
CWEN	A	-3.19%
IBM	B	-1.8%
ATO	B	-1.51%
NXST	D	-1.22%
TRV	C	-1.06%
BMY	C	-0.92%