VRAI vs. PSCU ETF Comparison

Comparison of Virtus Real Asset Income ETF (VRAI) to PowerShares S&P SmallCap Utilities Portfolio (PSCU)

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.88

Average Daily Volume

1,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCU

PowerShares S&P SmallCap Utilities Portfolio

PSCU Description

The PowerShares S&P SmallCap Utilities Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Utilities & Telecom Services 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 measure the overall performance of common stocks of US utilities and telecommunication services companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$65.11

Average Daily Volume

3,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VRAI	PSCU
30 Days	2.51%	9.24%
60 Days	1.54%	7.80%
90 Days	2.39%	10.81%
12 Months	16.70%	30.75%

4 Overlapping Holdings

Symbol	Grade	Weight in VRAI	Weight in PSCU	Overlap
AVA	A	1.12%	3.7%	1.12%
CCOI	B	1.26%	4.11%	1.26%
CWEN	C	1.05%	2.78%	1.05%
CWEN	C	1.05%	1.09%	1.05%

VRAI Overweight 75 Positions Relative to PSCU

Symbol	Grade	Weight
TS	B	1.39%
GPRK	C	1.3%
CTRA	B	1.28%
ARLP	A	1.28%
FDP	B	1.27%
OVV	B	1.26%
SKT	B	1.25%
PNM	F	1.24%
ROIC	A	1.21%
NI	A	1.21%
KIM	A	1.2%
DMLP	A	1.2%
NRP	B	1.2%
EOG	A	1.19%
BRX	A	1.18%
KT	A	1.18%
SPOK	C	1.17%
NJR	A	1.17%
OGS	A	1.16%
LNT	A	1.16%
WEC	A	1.16%
IVT	B	1.15%
OUT	A	1.15%
APLE	B	1.15%
RHP	B	1.15%
REG	B	1.14%
PTEN	C	1.14%
GGB	C	1.14%
BSM	B	1.14%
AAT	B	1.14%
SBR	B	1.14%
NFE	D	1.13%
HESM	B	1.13%
PBR	C	1.13%
ENIC	D	1.12%
SBSW	D	1.12%
FANG	D	1.12%
ADC	B	1.12%
PAA	B	1.11%
COP	C	1.11%
PAGP	A	1.11%
KRP	B	1.1%
WES	C	1.1%
GFI	D	1.1%
MAA	B	1.09%
EQNR	D	1.09%
CMS	C	1.09%
EPRT	B	1.08%
HST	C	1.07%
CIG	C	1.07%
CPT	B	1.07%
VALE	F	1.06%
DVN	F	1.06%
FR	C	1.06%
SCCO	F	1.06%
AEP	D	1.05%
SID	F	1.05%
INVH	D	1.03%
ES	D	1.03%
EXR	D	1.02%
PSA	D	1.02%
EGP	F	1.01%
BNL	D	1.01%
EPR	D	1.01%
EC	D	1.0%
NSA	D	1.0%
CCI	D	1.0%
CUBE	D	0.99%
APA	D	0.99%
TRNO	F	0.97%
AMT	D	0.95%
REXR	F	0.9%
BRY	F	0.86%
IIPR	D	0.86%
NEP	F	0.68%

VRAI Underweight 31 Positions Relative to PSCU

Symbol	Grade	Weight
LUMN	C	-10.06%
MGEE	C	-4.62%
MDU	D	-4.61%
MSGS	A	-4.45%
CNK	B	-4.16%
OTTR	C	-4.07%
IAC	D	-4.06%
AWR	B	-3.87%
CARG	C	-3.76%
TDS	B	-3.7%
CWT	D	-3.64%
TGNA	B	-3.55%
CPK	A	-3.53%
SATS	D	-3.48%
ZD	C	-3.04%
YELP	C	-2.92%
CABO	C	-2.22%
SJW	D	-1.99%
NWN	A	-1.96%
TRIP	F	-1.84%
MSEX	B	-1.43%
CARS	B	-1.38%
QNST	B	-1.38%
UTL	B	-1.15%
TTGT	C	-0.93%
SSTK	F	-0.88%
SCHL	D	-0.76%
SHEN	F	-0.73%
THRY	F	-0.56%
GOGO	C	-0.56%
CNSL	C	-0.43%