WBIL vs. PDP ETF Comparison

Comparison of WBI Large Cap Tactical Select Shares (WBIL) to PowerShares DWA Technical Leaders Portfolio (PDP)

WBIL

WBI Large Cap Tactical Select Shares

WBIL 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 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 an attractive financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$32.83

Average Daily Volume

1,989

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$94.18

Average Daily Volume

23,540

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WBIL	PDP
30 Days	-4.80%	-3.48%
60 Days	-3.09%	-2.50%
90 Days	2.56%	5.33%
12 Months	20.46%	28.61%

7 Overlapping Holdings

Symbol	Grade	Weight in WBIL	Weight in PDP	Overlap
AME	D	3.92%	0.53%	0.53%
APO	D	3.83%	0.6%	0.6%
BX	D	1.66%	0.52%	0.52%
DECK	D	1.68%	0.79%	0.79%
INTU	C	1.74%	1.57%	1.57%
MPC	D	1.5%	0.94%	0.94%
VST	A	1.88%	0.75%	0.75%

WBIL Overweight 25 Positions Relative to PDP

Symbol	Grade	Weight
PGR	B	4.75%
CI	C	4.63%
RGA	A	4.53%
AXP	B	4.32%
ADP	D	4.19%
SCI	D	4.13%
ACGL	A	4.09%
TGT	D	3.99%
CL	A	3.94%
OTIS	D	3.9%
KR	C	3.88%
HRB	D	3.61%
ELV	B	2.15%
CARR	A	1.93%
PANW	B	1.89%
VRSK	C	1.87%
TW	B	1.84%
ADBE	D	1.76%
QCOM	A	1.72%
BR	C	1.71%
FAST	D	1.64%
LRCX	D	1.63%
MOH	F	1.62%
SIGI	F	1.2%
AL	A	1.19%

WBIL Underweight 92 Positions Relative to PDP

Symbol	Grade	Weight
ORLY	D	-2.79%
MA	D	-2.76%
CPRT	C	-2.68%
TDG	A	-2.56%
CDNS	D	-2.55%
APH	A	-2.53%
WRB	D	-2.41%
ROP	F	-2.38%
TRGP	B	-2.08%
GWW	D	-1.93%
ELF	D	-1.81%
MEDP	D	-1.78%
VRT	A	-1.74%
BLDR	C	-1.73%
KNSL	F	-1.67%
SNPS	D	-1.61%
TT	A	-1.57%
ENTG	D	-1.55%
CTAS	A	-1.41%
CMG	A	-1.41%
LSCC	D	-1.37%
COST	C	-1.36%
FIX	C	-1.26%
IDXX	F	-1.24%
LLY	D	-1.23%
KLAC	B	-1.16%
APP	B	-1.15%
NVR	D	-1.1%
NVDA	C	-1.02%
PWR	A	-1.02%
V	D	-0.99%
WFRD	B	-0.97%
AMAT	C	-0.93%
URI	D	-0.87%
BAH	B	-0.87%
TJX	C	-0.86%
CELH	D	-0.85%
ARES	C	-0.83%
WING	A	-0.83%
ONTO	A	-0.82%
CEG	A	-0.81%
MSFT	C	-0.8%
THC	A	-0.77%
TPX	D	-0.74%
CDW	F	-0.71%
META	D	-0.71%
APG	D	-0.7%
CSL	A	-0.69%
RHP	D	-0.68%
SNA	D	-0.67%
COIN	D	-0.67%
AVGO	D	-0.67%
ISRG	C	-0.66%
GOOGL	A	-0.66%
HWM	A	-0.64%
RCL	A	-0.63%
NTNX	C	-0.63%
ANET	D	-0.63%
KKR	D	-0.6%
DKNG	D	-0.6%
CLH	A	-0.6%
PCVX	D	-0.58%
FICO	D	-0.58%
ENSG	D	-0.58%
AXON	A	-0.57%
IOT	B	-0.57%
CHE	F	-0.57%
EXP	B	-0.56%
XPO	D	-0.56%
AJG	C	-0.55%
MCK	C	-0.55%
MUSA	D	-0.55%
DUOL	A	-0.54%
PLTR	D	-0.54%
EPAM	D	-0.54%
MMC	D	-0.53%
HUBB	D	-0.53%
AIT	C	-0.53%
BRO	C	-0.53%
NFLX	D	-0.52%
USFD	C	-0.52%
ITW	F	-0.52%
NSIT	A	-0.52%
MANH	F	-0.51%
IT	D	-0.5%
PRI	D	-0.5%
MAS	D	-0.5%
UBER	D	-0.49%
RS	D	-0.48%
GGG	D	-0.48%
WSC	F	-0.46%
GPS	D	-0.44%

WBIL: Top Represented Industries & Keywords

Industries: Business Services Health Care Plans Software - Application Asset Management Insurance - Property & Casualty Personal Services Building Products & Equipment Capital Markets Credit Services Discount Stores Diversified Industrials Footwear & Accessories Grocery Stores Household & Personal Products Industrial Distribution Insurance - Diversified Insurance - Reinsurance Oil & Gas Refining & Marketing Rental & Leasing Services Semiconductor Equipment & Materials