CWS vs. PSCE ETF Comparison

Comparison of AdvisorShares Focused Equity ETF (CWS) to PowerShares S&P SmallCap Energy Portfolio (PSCE)

CWS

AdvisorShares Focused Equity ETF

CWS Description

The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.

Grade (RS Rating)

Last Trade

$62.38

Average Daily Volume

10,759

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCE

PowerShares S&P SmallCap Energy Portfolio

PSCE Description

The PowerShares S&P SmallCap Energy Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Energy 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 measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$51.97

Average Daily Volume

39,156

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	PSCE
30 Days	-0.13%	-0.27%
60 Days	0.60%	-4.52%
90 Days	-0.46%	-10.21%
12 Months	18.02%	14.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in PSCE	Overlap

CWS Overweight 23 Positions Relative to PSCE

Symbol	Grade	Weight
APH	B	5.12%
MLR	D	4.9%
HEI	B	4.79%
FICO	A	4.78%
SYK	B	4.3%
ROL	A	4.27%
AFL	B	4.17%
ICE	A	4.07%
MCO	A	4.06%
OTIS	B	4.04%
INTU	A	3.95%
TMO	D	3.91%
HSY	F	3.78%
AWK	B	3.73%
BR	B	3.71%
ABT	D	3.62%
SLGN	D	3.53%
SAIC	D	3.53%
AGM	B	3.5%
FDS	C	3.33%
CE	F	3.31%
MGRC	D	3.3%
PII	F	3.09%

CWS Underweight 28 Positions Relative to PSCE

Symbol	Grade	Weight
SM	D	-8.01%
TDW	C	-7.35%
MGY	B	-7.35%
HP	D	-5.64%
NOG	C	-5.54%
WHD	C	-5.49%
CRC	C	-4.7%
AROC	B	-4.62%
PTEN	F	-4.5%
LBRT	D	-4.3%
CEIX	B	-4.27%
OII	B	-3.91%
BTU	C	-3.82%
TALO	F	-3.16%
HLX	B	-2.75%
LPG	C	-2.39%
PARR	F	-2.21%
SLCA	B	-2.02%
GPRE	F	-1.8%
CRK	D	-1.71%
CLB	B	-1.55%
VTOL	C	-1.36%
CVI	F	-1.3%
PUMP	F	-1.17%
REX	F	-1.14%
DRQ	F	-1.07%
NBR	F	-1.06%
RES	F	-0.88%