WEEI vs. PXE ETF Comparison

Comparison of Westwood Salient Enhanced Energy Income ETF (WEEI) to PowerShares Dynamic Energy E&P (PXE)

WEEI

Westwood Salient Enhanced Energy Income ETF

WEEI Description

The fund is an actively managed ETF that seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in securities of Midstream North American corporations and Midstream U.S. master limited partnerships ("MLPs") (collectively, "Midstream Investments"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.02

Average Daily Volume

1,816

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PXE

PowerShares Dynamic Energy E&P

PXE Description

The PowerShares Energy Exploration & Production Portfolio (Fund) is based on the Dynamic Energy Exploration & Production 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 composed of stocks of 30 U.S. companies involved in the exploration and production of natural resources used to produce energy. These companies are engaged principally in exploration, extraction and production of crude oil and natural gas from land-based or offshore wells. These companies include petroleum refineries that process the crude oil into finished products, such as gasoline and automotive lubricants, and companies involved in gathering and processing natural gas, and manufacturing natural gas liquid. The Fund is rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

45,494

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WEEI	PXE
30 Days	4.80%	7.46%
60 Days	9.26%	11.16%
90 Days	4.02%	2.52%
12 Months		5.53%

7 Overlapping Holdings

Symbol	Grade	Weight in WEEI	Weight in PXE	Overlap
CTRA	B	1.48%	5.47%	1.48%
DVN	F	1.65%	4.23%	1.65%
EOG	C	4.8%	5.23%	4.8%
FANG	F	3.59%	4.6%	3.59%
MPC	F	3.96%	4.63%	3.96%
PSX	C	3.91%	4.83%	3.91%
VLO	C	3.22%	4.94%	3.22%

WEEI Overweight 15 Positions Relative to PXE

Symbol	Grade	Weight
XOM	C	20.77%
CVX	B	16.11%
COP	D	6.31%
WMB	B	5.12%
OKE	C	4.92%
SLB	C	4.75%
KMI	B	3.95%
HES	C	3.27%
TRGP	B	3.16%
BKR	C	3.13%
OXY	F	3.03%
EQT	B	2.04%
HAL	C	2.03%
MRO	B	1.05%
APA	F	0.73%

WEEI Underweight 22 Positions Relative to PXE

Symbol	Grade	Weight
OVV	C	-5.22%
CNX	B	-3.93%
CRGY	B	-3.42%
GPOR	B	-3.31%
RRC	B	-3.18%
CRC	C	-3.0%
MGY	B	-2.93%
NFG	B	-2.82%
NOG	A	-2.81%
MTDR	C	-2.79%
GRNT	B	-2.7%
HPK	C	-2.62%
SM	C	-2.61%
PBF	D	-2.6%
DK	C	-2.44%
DINO	F	-2.41%
VTLE	C	-2.4%
CHRD	F	-2.37%
MUR	F	-2.34%
CIVI	D	-2.31%
PARR	D	-2.14%
CVI	F	-2.07%

PXE: Top Represented Industries & Keywords

Industries: Oil & Gas E&P Oil & Gas Refining & Marketing