AMID vs. PKW ETF Comparison

Comparison of Argent Mid Cap ETF (AMID) to PowerShares Buyback Achievers (PKW)
AMID

Argent Mid Cap ETF

AMID Description

AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.

Grade (RS Rating)

Last Trade

$35.32

Average Daily Volume

14,996

Number of Holdings *

10

* 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

$112.98

Average Daily Volume

14,718

Number of Holdings *

190

* may have additional holdings in another (foreign) market
Performance
Period AMID PKW
30 Days 2.32% 3.41%
60 Days 2.79% 5.97%
90 Days 8.95% 8.24%
12 Months 36.84% 25.97%
2 Overlapping Holdings
Symbol Grade Weight in AMID Weight in PKW Overlap
BLDR C 3.44% 0.76% 0.76%
HCA A 2.97% 3.66% 2.97%
AMID Overweight 8 Positions Relative to PKW
Symbol Grade Weight
FICO B 5.5%
CDW D 3.72%
CTAS C 3.54%
DHI C 3.43%
CPRT D 3.43%
MEDP D 2.97%
CBZ D 2.89%
HLI A 2.84%
AMID Underweight 188 Positions Relative to PKW
Symbol Grade Weight
TMUS C -5.47%
JNJ C -5.36%
LMT B -4.87%
CMCSA D -4.78%
BKNG B -4.65%
DE B -3.81%
PYPL B -2.63%
MCK F -2.37%
ORLY D -2.36%
MAR C -2.35%
CSX D -2.34%
AFL C -2.19%
MPC D -2.03%
HLT B -1.93%
MET A -1.92%
PSX D -1.9%
AZO D -1.89%
AIG D -1.74%
VLO F -1.57%
CNC C -1.43%
VRSK D -1.37%
HIG B -1.21%
DD B -1.2%
DFS B -1.16%
APP B -1.03%
PHM B -1.01%
VST A -1.0%
CAH C -0.98%
STT B -0.89%
GDDY C -0.77%
CSL B -0.69%
SYF C -0.66%
CFG C -0.64%
L D -0.62%
STLD D -0.62%
EXPD C -0.61%
EXPE C -0.6%
TXT D -0.59%
THC B -0.55%
TOL B -0.53%
EQH C -0.46%
JEF B -0.44%
MUSA D -0.4%
WMS D -0.4%
MGM D -0.4%
CACI B -0.37%
PAG D -0.36%
BRKR D -0.35%
ORI B -0.33%
FOXA B -0.32%
EXP B -0.32%
PRI B -0.31%
HRB C -0.31%
DINO F -0.3%
WSC D -0.27%
BERY C -0.27%
CNM F -0.27%
NSIT C -0.24%
MTN D -0.24%
AN D -0.23%
ARW C -0.23%
MTG B -0.23%
KBH B -0.22%
WH B -0.22%
COOP C -0.21%
CHH C -0.21%
R B -0.21%
BYD C -0.2%
PVH F -0.19%
NXST D -0.19%
AMG C -0.19%
OLN D -0.18%
BC C -0.18%
VVV D -0.18%
GPI B -0.17%
RH B -0.17%
TNET F -0.17%
MATX C -0.16%
EEFT D -0.16%
SM D -0.16%
SLM D -0.16%
DDS D -0.15%
ASGN D -0.15%
CNX A -0.15%
ASH D -0.15%
ABG D -0.15%
WU D -0.14%
ASO C -0.14%
GOLF F -0.14%
NSA B -0.13%
DOCN B -0.13%
HGV D -0.13%
HUN D -0.13%
DXC C -0.13%
FBP C -0.12%
CRC C -0.12%
IDCC B -0.12%
CVCO B -0.12%
SEB C -0.11%
TNL D -0.11%
HP D -0.11%
SKYW C -0.11%
SLVM A -0.11%
ATKR F -0.11%
LBRT D -0.11%
GFF D -0.11%
BTU D -0.1%
ATGE C -0.1%
DEI B -0.1%
CEIX D -0.1%
VIRT C -0.1%
GNW B -0.1%
PK D -0.1%
CAR F -0.09%
CARG B -0.09%
VAC F -0.09%
AZTA F -0.09%
AMR F -0.09%
BHF D -0.09%
SPB B -0.09%
TGNA C -0.08%
HURN C -0.07%
PRG B -0.07%
ENVA C -0.07%
PZZA D -0.06%
JBGS C -0.06%
CASH B -0.06%
AMN F -0.06%
NAVI C -0.06%
CSGS C -0.05%
XHR B -0.05%
IART F -0.05%
GBX C -0.05%
LILAK D -0.05%
PEB D -0.05%
SBSI C -0.04%
CGEM D -0.04%
ODP F -0.04%
ANAB C -0.04%
CNNE D -0.04%
SAH D -0.04%
EIG C -0.04%
DK F -0.04%
INVA C -0.04%
XRX F -0.04%
PLAY F -0.04%
ZIP D -0.03%
ECVT F -0.03%
DXPE D -0.03%
STGW C -0.03%
JACK F -0.03%
HTZ F -0.03%
SCHL D -0.03%
ATSG D -0.03%
LSEA C -0.02%
CCRN F -0.02%
FPI D -0.02%
NFBK C -0.02%
OPY D -0.02%
LXU F -0.02%
HONE C -0.02%
SNCY D -0.02%
IMXI D -0.02%
NR D -0.02%
RYI F -0.02%
EGBN C -0.02%
LPRO D -0.02%
PRA C -0.02%
KELYA D -0.02%
LQDT B -0.02%
HCKT C -0.02%
MBI F -0.01%
MX F -0.01%
SKIN F -0.01%
CHGG F -0.01%
TASK F -0.01%
ONTF D -0.01%
ZYXI F -0.01%
DBI F -0.01%
GCO F -0.01%
WSBF C -0.01%
RLGT C -0.01%
DENN D -0.01%
NECB A -0.01%
LWAY C -0.01%
SENEA C -0.01%
TBPH F -0.01%
LOCO C -0.01%
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