TAN vs. PUI ETF Comparison

Comparison of Invesco Solar ETF (TAN) to PowerShares Dynamic Utilities (PUI)

TAN

Invesco Solar ETF

TAN Description

The investment seeks to track the investment results (before fees and expenses) of the MAC Global Solar Energy Index. The fund will generally invest at least 90% of its total assets in the securities (including American depositary receipts (?ADRs?)) that comprise the index. Strictly in accordance with its guidelines and mandated procedures, MAC Indexing LLC compiles, maintains, and calculates the index, which is designed to track the global solar energy equity sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.33

Average Daily Volume

1,192,583

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PUI

PowerShares Dynamic Utilities

PUI Description

The PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US utilities companies. These companies are principally engaged in providing either energy, water, natural gas or telecommunications services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$42.36

Average Daily Volume

8,330

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TAN	PUI
30 Days	-7.91%	5.64%
60 Days	-15.57%	6.46%
90 Days	-18.59%	12.60%
12 Months	-25.40%	38.52%

1 Overlapping Holdings

	Symbol	Grade	Weight in TAN	Weight in PUI	Overlap
	NOVA	F	1.12%	0.83%	0.83%

TAN Overweight 15 Positions Relative to PUI

Symbol	Grade	Weight
FSLR	F	9.67%
ENPH	F	6.55%
RUN	F	4.29%
HASI	D	3.37%
ARRY	F	3.08%
CWEN	C	2.99%
DQ	F	2.83%
JKS	F	2.72%
AY	A	2.33%
SEDG	F	2.3%
SHLS	F	2.2%
CSIQ	F	1.81%
AMPS	C	1.16%
RNW	D	0.94%
RENB	F	0.64%

TAN Underweight 32 Positions Relative to PUI

Symbol	Grade	Weight
VST	A	-5.0%
LUMN	C	-4.64%
OKE	A	-4.13%
PCG	A	-3.74%
ATO	A	-3.62%
SRE	A	-3.59%
NI	A	-3.53%
CEG	C	-3.51%
WEC	A	-3.46%
PEG	A	-3.39%
DUK	C	-3.38%
XEL	A	-3.35%
NRG	B	-3.3%
T	A	-3.16%
SO	C	-3.05%
AWK	C	-2.99%
CMS	C	-2.98%
DTE	C	-2.96%
EVRG	A	-2.83%
LNT	A	-2.82%
AEE	A	-2.75%
CNP	A	-2.75%
PNW	A	-2.72%
IDA	A	-2.64%
EIX	B	-2.48%
FE	C	-2.45%
ED	C	-2.37%
AEP	C	-2.35%
ES	C	-2.31%
NFG	A	-2.29%
NJR	A	-2.24%
OTTR	C	-2.18%