CWS vs. PSCU ETF Comparison

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

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

$70.77

Average Daily Volume

13,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCU

PowerShares S&P SmallCap Utilities Portfolio

PSCU Description

The PowerShares S&P SmallCap Utilities Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Utilities & Telecom Services 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 utilities and telecommunication services companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable. 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

$65.11

Average Daily Volume

3,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CWS	PSCU
30 Days	2.85%	9.24%
60 Days	3.29%	7.80%
90 Days	5.36%	10.81%
12 Months	29.09%	30.75%

0 Overlapping Holdings

	Symbol	Grade	Weight in CWS	Weight in PSCU	Overlap

CWS Overweight 25 Positions Relative to PSCU

Symbol	Grade	Weight
FICO	B	6.68%
FI	A	5.35%
MLR	B	5.32%
HEI	B	5.2%
APH	A	4.89%
AFL	B	4.57%
SYK	C	4.3%
MCO	B	4.15%
ICE	C	4.12%
COR	B	4.02%
SLGN	A	3.96%
ROL	B	3.86%
INTU	C	3.78%
BR	A	3.77%
OTIS	C	3.73%
AGM	C	3.63%
FDS	B	3.54%
ABT	B	3.54%
AWK	D	3.39%
SAIC	F	3.38%
MGRC	B	3.38%
TMO	F	3.36%
HSY	F	3.28%
PII	D	2.38%
CE	F	1.6%

CWS Underweight 35 Positions Relative to PSCU

Symbol	Grade	Weight
LUMN	C	-10.06%
MGEE	C	-4.62%
MDU	D	-4.61%
MSGS	A	-4.45%
CNK	B	-4.16%
CCOI	B	-4.11%
OTTR	C	-4.07%
IAC	D	-4.06%
AWR	B	-3.87%
CARG	C	-3.76%
AVA	A	-3.7%
TDS	B	-3.7%
CWT	D	-3.64%
TGNA	B	-3.55%
CPK	A	-3.53%
SATS	D	-3.48%
ZD	C	-3.04%
YELP	C	-2.92%
CWEN	C	-2.78%
CABO	C	-2.22%
SJW	D	-1.99%
NWN	A	-1.96%
TRIP	F	-1.84%
MSEX	B	-1.43%
CARS	B	-1.38%
QNST	B	-1.38%
UTL	B	-1.15%
CWEN	C	-1.09%
TTGT	C	-0.93%
SSTK	F	-0.88%
SCHL	D	-0.76%
SHEN	F	-0.73%
THRY	F	-0.56%
GOGO	C	-0.56%
CNSL	C	-0.43%