ADPV vs. PEY ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to PowerShares High Yield Dividend Achievers (PEY)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$36.22

Average Daily Volume

6,404

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEY

PowerShares High Yield Dividend Achievers

PEY Description

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$22.04

Average Daily Volume

189,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	PEY
30 Days	8.74%	0.16%
60 Days	12.50%	2.22%
90 Days	16.87%	5.60%
12 Months	54.78%	19.68%

2 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in PEY	Overlap
	KEY	A	4.53%	2.4%	2.4%
	RF	A	3.54%	1.98%	1.98%

ADPV Overweight 23 Positions Relative to PEY

Symbol	Grade	Weight
PLTR	A	7.92%
APP	A	6.12%
HOOD	A	5.75%
PPC	B	5.68%
HBAN	A	5.31%
T	A	4.74%
VIRT	A	4.7%
AMCR	D	4.61%
NU	C	4.23%
KMI	A	3.92%
MDU	D	3.65%
MTG	C	3.43%
VST	A	3.39%
TOST	A	3.29%
CRBG	B	3.28%
CPNG	D	3.22%
OWL	A	3.14%
HIW	D	3.07%
AM	A	2.76%
VKTX	F	2.72%
GTES	A	2.29%
EXEL	B	1.94%
HAYW	A	1.84%

ADPV Underweight 47 Positions Relative to PEY

Symbol	Grade	Weight
WBA	F	-3.96%
MO	A	-3.23%
CCOI	B	-3.01%
BEN	C	-2.84%
FIBK	A	-2.83%
VZ	C	-2.75%
UGI	C	-2.57%
UVV	B	-2.52%
PFE	F	-2.42%
UPS	C	-2.35%
TROW	A	-2.34%
BMY	B	-2.31%
TFC	A	-2.16%
NWN	A	-2.16%
WSBC	A	-2.14%
LYB	F	-2.07%
NWE	C	-2.07%
AVA	C	-2.05%
CVX	A	-2.04%
EVRG	A	-2.01%
OGE	A	-2.0%
SR	A	-1.95%
BKH	A	-1.95%
USB	A	-1.93%
PRU	A	-1.93%
PM	A	-1.88%
PNW	A	-1.82%
UBSI	A	-1.79%
INDB	A	-1.76%
POR	C	-1.72%
FLO	D	-1.69%
TRN	A	-1.66%
PNC	A	-1.65%
ES	C	-1.65%
IPG	F	-1.61%
WEC	A	-1.61%
MAN	F	-1.6%
PRGO	C	-1.56%
IBM	D	-1.55%
BBY	D	-1.48%
SON	D	-1.46%
EMN	C	-1.42%
HPQ	A	-1.38%
KMB	C	-1.35%
NXST	D	-1.32%
MMM	D	-1.28%
SWK	F	-1.27%