AIEQ vs. PKW ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to PowerShares Buyback Achievers (PKW)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-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

$41.28

Average Daily Volume

7,436

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM 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 track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. 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 Share Buyback Achievers Index to NASDAQ Buyback Achievers 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

$123.75

Average Daily Volume

17,079

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	PKW
30 Days	9.30%	7.20%
60 Days	10.19%	9.19%
90 Days	11.69%	12.10%
12 Months	34.55%	36.73%

17 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in PKW	Overlap
APP	B	1.73%	2.89%	1.73%
CNX	A	0.19%	0.19%	0.19%
COOP	B	0.19%	0.2%	0.19%
CSL	C	0.59%	0.66%	0.59%
DFS	B	0.72%	1.42%	0.72%
DINO	D	0.16%	0.27%	0.16%
EEFT	B	0.17%	0.15%	0.15%
EXP	A	0.29%	0.33%	0.29%
FI	A	2.08%	4.0%	2.08%
HP	B	0.12%	0.11%	0.11%
HRB	D	0.35%	0.27%	0.27%
MGM	D	0.54%	0.37%	0.37%
RH	B	0.29%	0.19%	0.19%
SM	B	0.12%	0.17%	0.12%
STLD	B	0.62%	0.71%	0.62%
VST	B	1.88%	1.64%	1.64%
VVV	F	0.11%	0.18%	0.11%

AIEQ Overweight 119 Positions Relative to PKW

Symbol	Grade	Weight
NVDA	C	4.07%
AMZN	C	3.9%
INTC	D	3.77%
GS	A	3.64%
GOOGL	C	3.4%
AVGO	D	3.35%
CRWD	B	2.94%
DIS	B	2.63%
PLTR	B	2.62%
ISRG	A	2.6%
NKE	D	2.52%
VRTX	F	2.27%
ELV	F	2.24%
APH	A	2.2%
CVX	A	2.09%
BA	F	1.65%
CHTR	C	1.38%
EMR	A	1.37%
SNOW	C	1.34%
FANG	D	1.32%
UPS	C	1.28%
ZS	C	1.02%
EW	C	1.02%
LPLA	A	1.01%
HST	C	0.98%
F	C	0.95%
RCL	A	0.94%
DXCM	D	0.94%
DASH	A	0.93%
TEAM	A	0.92%
LVS	C	0.89%
TDG	D	0.87%
HWM	A	0.82%
SQ	B	0.81%
HPE	B	0.77%
FSLR	F	0.77%
EL	F	0.72%
BIIB	F	0.71%
WSM	B	0.66%
GPC	D	0.62%
LNG	B	0.61%
QRVO	F	0.59%
LYB	F	0.59%
GRMN	B	0.55%
OKTA	C	0.54%
UHS	D	0.53%
XPO	B	0.51%
PSTG	D	0.5%
LII	A	0.49%
RHP	B	0.47%
ETSY	D	0.43%
ENPH	F	0.43%
LLY	F	0.42%
FCNCA	A	0.42%
SFM	A	0.39%
IEX	B	0.37%
AAP	C	0.36%
GNRC	B	0.36%
AOS	F	0.34%
CTLT	B	0.33%
SNX	C	0.33%
FN	D	0.32%
ESTC	C	0.31%
GL	B	0.3%
KBR	F	0.29%
BWXT	B	0.29%
GFS	C	0.27%
NVT	B	0.27%
HOG	D	0.27%
HALO	F	0.25%
APA	D	0.24%
RYAN	B	0.24%
TECH	D	0.22%
OSK	B	0.22%
FLR	B	0.22%
TTC	D	0.22%
MTSI	B	0.21%
BPMC	C	0.21%
CMC	B	0.2%
BSY	D	0.19%
HLI	B	0.19%
SEE	C	0.18%
FIVN	C	0.18%
LNC	B	0.18%
HAE	C	0.18%
DCI	B	0.17%
NBIX	C	0.17%
VKTX	F	0.17%
ACI	C	0.17%
GMED	A	0.17%
CHRD	D	0.17%
LNTH	D	0.16%
TENB	C	0.16%
MAN	D	0.16%
MUR	D	0.15%
SUM	B	0.15%
ITCI	C	0.14%
OMF	A	0.14%
PRGO	B	0.14%
RIVN	F	0.14%
TREX	C	0.14%
POWI	D	0.14%
JAZZ	B	0.14%
TDW	F	0.13%
ST	F	0.13%
CIVI	D	0.13%
ORA	B	0.13%
CHE	D	0.13%
LPX	B	0.12%
MSA	D	0.11%
NOG	A	0.11%
TKR	D	0.11%
GATX	A	0.1%
EXPO	D	0.1%
AM	A	0.1%
CHX	C	0.07%
WFRD	D	0.07%
CFLT	B	0.07%
RIG	D	0.05%

AIEQ Underweight 174 Positions Relative to PKW

Symbol	Grade	Weight
BKNG	A	-5.49%
TMUS	B	-5.44%
CMCSA	B	-4.88%
JNJ	D	-4.53%
LMT	D	-4.13%
DE	A	-3.61%
PYPL	B	-2.83%
HCA	F	-2.83%
MCK	B	-2.61%
MAR	B	-2.59%
ORLY	B	-2.3%
CSX	B	-2.21%
AFL	B	-2.05%
HLT	A	-2.0%
MET	A	-1.91%
PSX	C	-1.79%
AZO	C	-1.77%
MPC	D	-1.75%
AIG	B	-1.6%
VLO	C	-1.51%
VRSK	A	-1.3%
HIG	B	-1.13%
DD	D	-1.12%
CNC	D	-1.01%
CAH	B	-0.95%
STT	A	-0.94%
PHM	D	-0.87%
GDDY	A	-0.85%
SYF	B	-0.83%
EXPE	B	-0.73%
BLDR	D	-0.68%
CFG	B	-0.68%
L	A	-0.6%
EXPD	D	-0.55%
TXT	D	-0.51%
JEF	A	-0.5%
TOL	B	-0.5%
EQH	B	-0.49%
THC	D	-0.48%
MUSA	A	-0.35%
PAG	B	-0.35%
WMS	D	-0.34%
CACI	D	-0.33%
PRI	A	-0.33%
FOXA	B	-0.33%
ORI	A	-0.32%
CNM	D	-0.28%
WH	B	-0.25%
BERY	B	-0.25%
BRKR	D	-0.24%
R	B	-0.23%
BYD	C	-0.22%
MTN	C	-0.22%
WSC	D	-0.22%
CHH	A	-0.22%
MTG	C	-0.21%
AN	C	-0.21%
ARW	D	-0.2%
KBH	D	-0.19%
GPI	A	-0.18%
AMG	B	-0.18%
PVH	C	-0.18%
ABG	B	-0.17%
CRC	B	-0.17%
MATX	C	-0.17%
NXST	C	-0.17%
SLM	A	-0.17%
DDS	B	-0.17%
BC	C	-0.17%
OLN	D	-0.16%
NSIT	F	-0.16%
IDCC	A	-0.15%
HGV	B	-0.14%
GOLF	B	-0.14%
TNET	D	-0.14%
SKYW	B	-0.14%
ASGN	F	-0.13%
CVCO	A	-0.13%
DXC	B	-0.12%
CAR	C	-0.12%
GFF	A	-0.12%
WU	D	-0.12%
CEIX	A	-0.12%
TNL	A	-0.12%
ASH	D	-0.12%
ASO	F	-0.11%
ATGE	B	-0.11%
NSA	D	-0.11%
BTU	B	-0.11%
DOCN	D	-0.11%
HUN	F	-0.11%
FBP	B	-0.11%
SLVM	B	-0.11%
TGNA	B	-0.1%
LBRT	D	-0.1%
PK	B	-0.1%
DEI	B	-0.1%
CARG	C	-0.1%
BHF	B	-0.1%
VIRT	B	-0.1%
ATKR	C	-0.1%
AMR	C	-0.1%
VAC	B	-0.1%
GNW	A	-0.1%
ENVA	B	-0.09%
SPB	C	-0.08%
SEB	F	-0.08%
PRG	C	-0.07%
GBX	A	-0.07%
HURN	B	-0.07%
IART	C	-0.06%
AZTA	D	-0.06%
CASH	A	-0.06%
SAH	A	-0.05%
PLAY	D	-0.05%
ATSG	B	-0.05%
PEB	D	-0.05%
XHR	B	-0.05%
PZZA	D	-0.05%
CSGS	B	-0.05%
NAVI	C	-0.05%
DXPE	B	-0.04%
INVA	D	-0.04%
DK	C	-0.04%
HTZ	C	-0.04%
CNNE	B	-0.04%
JBGS	D	-0.04%
EIG	B	-0.04%
SNCY	C	-0.03%
LQDT	B	-0.03%
CGEM	F	-0.03%
RYI	C	-0.03%
STGW	B	-0.03%
HCKT	B	-0.03%
PRA	C	-0.03%
EGBN	B	-0.03%
ODP	F	-0.03%
JACK	D	-0.03%
ECVT	C	-0.03%
AMN	F	-0.03%
LILAK	D	-0.03%
XRX	F	-0.03%
SBSI	B	-0.03%
TBPH	C	-0.02%
ANAB	F	-0.02%
NFBK	B	-0.02%
HONE	B	-0.02%
FPI	B	-0.02%
LXU	B	-0.02%
OPY	B	-0.02%
NR	B	-0.02%
IMXI	B	-0.02%
SCHL	D	-0.02%
ZIP	F	-0.02%
LPRO	C	-0.02%
CHGG	D	-0.01%
SKIN	D	-0.01%
DBI	F	-0.01%
ZYXI	D	-0.01%
ONTF	C	-0.01%
TASK	C	-0.01%
WSBF	C	-0.01%
RLGT	A	-0.01%
DENN	D	-0.01%
MBI	B	-0.01%
GCO	B	-0.01%
CCRN	F	-0.01%
LWAY	D	-0.01%
LOCO	D	-0.01%
SENEA	B	-0.01%
LSEA	D	-0.01%
NECB	B	-0.01%
KELYA	F	-0.01%
MX	F	-0.0%