XSHQ vs. ZIG ETF Comparison

Comparison of PowerShares S&P SmallCap Quality Portfolio (XSHQ) to The Acquirers Fund (ZIG)

XSHQ

PowerShares S&P SmallCap Quality Portfolio

XSHQ Description

The PowerShares S&P SmallCap Quality Portfolio (the "Fund") is based on the S&P SmallCap 600 Quality Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index that have the highest quality score, which is calculated based on the average of three fundamental measures: return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

Grade (RS Rating)

Last Trade

$46.41

Average Daily Volume

36,480

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

ZIG

The Acquirers Fund

ZIG Description

The investment seeks capital appreciation. The fund is actively managed and seeks to achieve its investment objective by investing primarily in equity securities (or depositary receipts) of companies in developed markets outside the United States based on the results of a proprietary, quantitative model (the "EquBot Model") developed by the adviser that runs on the Watson™ platform. Its investment adviser is a technology based company focused on applying artificial intelligence ("AI") based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.86

Average Daily Volume

3,033

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XSHQ	ZIG
30 Days	9.26%	5.97%
60 Days	17.30%	14.42%
90 Days	17.57%	14.48%
12 Months	36.77%	38.48%

5 Overlapping Holdings

Symbol	Grade	Weight in XSHQ	Weight in ZIG	Overlap
AMR	D	0.99%	3.3%	0.99%
APAM	A	2.13%	3.43%	2.13%
BCC	C	1.66%	3.1%	1.66%
CNS	B	1.29%	3.36%	1.29%
MLI	B	4.16%	3.71%	3.71%

XSHQ Overweight 110 Positions Relative to ZIG

Symbol	Grade	Weight
JXN	B	3.25%
AWI	A	2.52%
BMI	C	1.95%
IBP	D	1.95%
KTB	B	1.94%
ALKS	C	1.86%
JBT	B	1.85%
PJT	A	1.79%
LNC	A	1.76%
CORT	B	1.71%
FSS	C	1.58%
WDFC	B	1.57%
FTDR	A	1.54%
SIG	B	1.53%
BCPC	B	1.49%
RDN	D	1.46%
SM	C	1.42%
MHO	D	1.39%
CEIX	A	1.32%
ASO	F	1.28%
AGO	B	1.25%
POWL	A	1.24%
FELE	B	1.2%
IDCC	A	1.15%
AX	B	1.15%
CRVL	C	1.14%
AEO	F	1.14%
FBP	B	1.11%
BRC	B	1.09%
GMS	B	1.06%
TBBK	C	1.05%
NMIH	D	1.03%
HP	B	1.02%
ARCH	B	0.99%
AGYS	C	0.96%
CATY	A	0.95%
OTTR	B	0.94%
DORM	B	0.93%
SHOO	D	0.92%
LCII	C	0.91%
PATK	D	0.86%
UE	B	0.85%
EPAC	B	0.82%
PLMR	C	0.78%
IOSP	C	0.75%
PAYO	B	0.74%
ASTH	B	0.72%
YELP	C	0.71%
ROCK	C	0.71%
CASH	A	0.69%
APOG	B	0.68%
BKE	B	0.67%
IPAR	B	0.64%
DFIN	F	0.62%
WOR	D	0.6%
SXI	B	0.6%
OFG	C	0.6%
TNC	D	0.59%
HWKN	D	0.58%
PRG	B	0.57%
ANDE	D	0.57%
MCY	B	0.56%
KLG	F	0.55%
GRBK	D	0.55%
GIII	B	0.54%
CENX	B	0.54%
CHCO	B	0.52%
CENTA	D	0.52%
WABC	B	0.51%
PDCO	C	0.5%
LKFN	B	0.5%
WS	B	0.5%
BANF	B	0.49%
NHC	C	0.48%
AMWD	B	0.47%
COLL	D	0.47%
PLAB	D	0.45%
STAA	F	0.44%
VRTS	B	0.44%
FIZZ	B	0.44%
WT	B	0.43%
AMSF	A	0.41%
ATEN	B	0.41%
HRMY	D	0.4%
CSGS	B	0.4%
PFBC	B	0.39%
LNN	B	0.38%
CAL	F	0.37%
GDEN	F	0.37%
LPG	F	0.36%
OXM	F	0.36%
DNOW	C	0.36%
MCRI	B	0.36%
EIG	B	0.35%
WNC	D	0.35%
HCI	B	0.34%
JBSS	F	0.34%
TILE	B	0.32%
REX	B	0.28%
PCRX	C	0.24%
MNRO	B	0.23%
IIIN	D	0.22%
CVI	F	0.18%
LQDT	B	0.15%
SLP	F	0.14%
GES	F	0.13%
RES	D	0.13%
CLW	D	0.12%
USNA	C	0.11%
NPK	C	0.11%

XSHQ Underweight 25 Positions Relative to ZIG

Symbol	Grade	Weight
TPL	B	-4.23%
UI	C	-4.06%
HCC	B	-3.89%
CALM	B	-3.82%
STLD	A	-3.69%
BTU	A	-3.64%
SYF	A	-3.55%
MO	B	-3.51%
CF	D	-3.42%
DPZ	C	-3.41%
BK	B	-3.4%
YUM	C	-3.37%
DDS	C	-3.35%
ATKR	C	-3.31%
CRC	B	-3.26%
VRSN	C	-3.22%
NUE	C	-3.21%
SLM	A	-3.18%
LPX	B	-3.13%
PBF	F	-2.9%
BPOP	C	-2.89%
BLDR	D	-2.84%
STNG	F	-2.77%
CROX	F	-2.51%
TRMD	F	-2.37%