BEEZ vs. PKB ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to PowerShares Dynamic Build & Construction (PKB)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$32.81

Average Daily Volume

601

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PKB

PowerShares Dynamic Build & Construction

PKB Description

The PowerShares Dynamic Building & Construction Portfolio (Fund) is based on the Dynamic Building & Construction 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 comprised of common stocks of 30 US building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines, and airports. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$84.99

Average Daily Volume

19,714

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	PKB
30 Days	1.11%	7.03%
60 Days	2.05%	7.82%
90 Days	4.98%	12.83%
12 Months	25.00%	54.51%

0 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in PKB	Overlap

BEEZ Overweight 25 Positions Relative to PKB

Symbol	Grade	Weight
INTU	B	4.17%
HD	B	4.13%
ACN	B	4.11%
COST	A	4.1%
NOW	A	4.09%
CMI	A	4.08%
EW	C	4.07%
ZTS	D	4.05%
V	A	4.04%
FAST	B	4.03%
ATR	B	4.02%
WTS	B	4.02%
MA	B	4.01%
SHW	B	3.99%
EQIX	A	3.98%
ITW	B	3.98%
APD	A	3.97%
TMO	F	3.92%
AMT	C	3.91%
A	D	3.9%
MAS	D	3.87%
TSCO	D	3.86%
TXN	C	3.78%
LRCX	F	3.76%
OLED	F	3.72%

BEEZ Underweight 28 Positions Relative to PKB

Symbol	Grade	Weight
TT	A	-5.15%
MLM	C	-5.11%
CSL	C	-4.78%
AGX	B	-4.67%
NVR	D	-4.39%
USLM	A	-4.31%
PHM	D	-4.24%
LEN	D	-3.99%
STRL	A	-3.79%
DHI	F	-3.76%
PRIM	A	-3.42%
TILE	B	-3.32%
MDU	D	-3.25%
APOG	C	-3.06%
MTZ	B	-3.02%
KNF	B	-2.95%
TPC	C	-2.91%
EXP	B	-2.87%
LPX	B	-2.74%
SKY	A	-2.54%
TOL	B	-2.52%
SWX	B	-2.52%
MHO	D	-2.26%
KBH	D	-2.23%
MHK	D	-2.19%
TPH	D	-2.19%
MTH	D	-2.13%
GRBK	D	-2.12%