DWAS vs. FNY ETF Comparison

Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to First Trust Mid Cap Growth AlphaDEX (FNY)

DWAS

PowerShares DWA SmallCap Technical Leaders Portfolio

DWAS Description

The PowerShares DWA SmallCap Momentum Portfolio (the Fund) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Dorsey Wright SmallCap Technical Leaders™ Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in equity securities of small capitalization companies that comprise the Underlying Index. The Index includes securities pursuant to a Dorsey, Wright & Associates, LLC (Dorsey Wright or the Index Provider) proprietary selection methodology that is designed to identify companies that demonstrate powerful relative strength characteristics. The Index Provider determines a company’s relative strength characteristics based on that company’s market performance. The Index Provider selects approximately 200 companies for inclusion in the Underlying Index from a small-cap universe of approximately 2,000 of the smallest U.S. companies selected from a broader set of 3,000 companies. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA SmallCap Technical Leaders to PowerShares DWA SmallCap Momentum Portfolio.

Grade (RS Rating)

Last Trade

$102.69

Average Daily Volume

31,945

Number of Holdings ^*

182

* may have additional holdings in another (foreign) market

FNY

First Trust Mid Cap Growth AlphaDEX

FNY Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Mid Cap Growth Index (the "index"). The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P MidCap 400(R) Growth Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$87.32

Average Daily Volume

13,952

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

Performance

Period	DWAS	FNY
30 Days	11.37%	9.26%
60 Days	10.79%	10.03%
90 Days	11.29%	12.45%
12 Months	38.56%	43.71%

36 Overlapping Holdings

Symbol	Grade	Weight in DWAS	Weight in FNY	Overlap
ALSN	B	0.47%	0.87%	0.47%
ATI	D	0.61%	0.6%	0.6%
AUR	C	0.43%	0.59%	0.43%
AVAV	D	0.41%	0.56%	0.41%
AXSM	B	0.37%	0.44%	0.37%
BDC	B	0.39%	0.43%	0.39%
BMI	B	0.54%	0.55%	0.54%
BOOT	D	0.29%	0.57%	0.29%
CBT	C	0.35%	0.55%	0.35%
CORT	B	0.46%	0.81%	0.46%
CRNX	C	0.36%	0.15%	0.15%
CRS	A	0.92%	0.8%	0.8%
CRVL	A	0.46%	0.62%	0.46%
CSWI	A	0.88%	0.79%	0.79%
CVLT	B	0.39%	0.76%	0.39%
DY	D	0.37%	0.7%	0.37%
FRPT	B	0.4%	0.62%	0.4%
FSS	B	0.44%	0.55%	0.44%
GKOS	B	0.4%	0.3%	0.3%
GOLF	B	0.38%	0.15%	0.15%
INSM	C	0.37%	0.39%	0.37%
KEX	C	0.36%	0.59%	0.36%
KTB	B	0.45%	0.79%	0.45%
MMSI	B	0.4%	0.6%	0.4%
MOD	A	1.55%	0.67%	0.67%
MOG.A	B	0.39%	0.76%	0.39%
PI	D	0.33%	0.46%	0.33%
PIPR	B	0.49%	0.84%	0.49%
QTWO	A	0.45%	0.86%	0.45%
RDNT	B	0.46%	0.81%	0.46%
RNA	D	0.79%	0.38%	0.38%
RYAN	B	0.41%	0.45%	0.41%
SFM	A	0.89%	0.91%	0.89%
SLG	B	0.38%	0.62%	0.38%
VRNS	D	0.32%	0.37%	0.32%
ZETA	D	0.41%	0.46%	0.41%

DWAS Overweight 146 Positions Relative to FNY

Symbol	Grade	Weight
LMB	A	1.64%
STRL	B	1.57%
ADMA	B	1.49%
KNTK	B	1.18%
COOP	B	1.1%
NUVL	D	1.02%
AMSC	B	0.95%
UFPT	B	0.88%
DFIN	D	0.85%
HRTG	C	0.82%
BELFB	C	0.8%
CVNA	B	0.78%
GRBK	D	0.78%
BYRN	B	0.74%
USLM	A	0.74%
OSCR	D	0.7%
CECO	A	0.7%
NBN	B	0.7%
USAP	B	0.68%
GPI	A	0.66%
VCTR	B	0.64%
RXST	F	0.61%
RDW	B	0.61%
SKYW	B	0.61%
MLI	C	0.6%
AMRX	C	0.6%
ENVA	B	0.59%
PAY	B	0.57%
AROC	B	0.55%
HWKN	B	0.54%
AGX	B	0.53%
COMM	D	0.52%
GVA	A	0.51%
TPC	C	0.51%
CCB	A	0.5%
TDS	B	0.49%
PCT	C	0.49%
KRYS	B	0.49%
VERX	B	0.49%
TRAK	B	0.48%
IDCC	A	0.48%
SKT	B	0.48%
PRIM	A	0.48%
VSEC	C	0.47%
CNX	A	0.47%
JXN	C	0.46%
RUSHA	C	0.46%
NECB	B	0.45%
LPX	B	0.44%
UTI	A	0.44%
ROAD	A	0.44%
HROW	D	0.43%
BSIG	A	0.43%
TGTX	B	0.43%
PRDO	B	0.43%
SKY	A	0.43%
APLT	B	0.43%
LMAT	A	0.42%
SLVM	B	0.42%
SNEX	B	0.42%
CASH	A	0.42%
TVTX	B	0.42%
OFG	B	0.42%
AGYS	A	0.42%
APOG	B	0.42%
MATX	C	0.42%
ESQ	A	0.41%
SXI	B	0.41%
NRIX	D	0.41%
NRIM	A	0.41%
NGVC	A	0.41%
WT	B	0.41%
INBK	B	0.41%
ALKT	B	0.41%
MLR	B	0.4%
AGM	C	0.4%
RYTM	C	0.4%
PRCT	B	0.4%
BBSI	B	0.4%
RYAM	C	0.4%
R	B	0.4%
SPNT	A	0.39%
ACVA	B	0.39%
RSI	B	0.39%
AMAL	B	0.39%
HURN	B	0.39%
WEAV	B	0.39%
BGC	C	0.39%
NPO	A	0.38%
CVCO	A	0.38%
OCUL	D	0.38%
REVG	B	0.38%
WLDN	D	0.37%
PBI	B	0.37%
TBBK	B	0.37%
VNO	B	0.37%
AVAH	B	0.37%
MHO	D	0.37%
IMNM	F	0.37%
DSGR	D	0.36%
FBP	B	0.36%
SMTC	B	0.36%
NMRK	B	0.36%
SAVA	D	0.35%
MTG	C	0.35%
CDMO	B	0.35%
BVS	D	0.35%
ALHC	C	0.35%
TREE	F	0.34%
AQST	D	0.34%
GIII	D	0.34%
PLCE	C	0.34%
CXT	B	0.34%
SERA	F	0.34%
CDE	D	0.34%
AXGN	D	0.33%
TPH	D	0.33%
SWIM	C	0.33%
TWST	D	0.33%
PNTG	D	0.33%
KYMR	D	0.33%
PTGX	C	0.32%
GCI	D	0.32%
PATK	D	0.32%
MBIN	D	0.31%
KBH	D	0.31%
ICFI	F	0.31%
COGT	D	0.3%
ALDX	D	0.29%
MG	D	0.29%
THRD	D	0.29%
MEC	D	0.29%
LSEA	D	0.28%
ATRO	D	0.28%
DFH	D	0.28%
PLUS	F	0.28%
BKD	D	0.27%
HBB	F	0.25%
UWMC	D	0.25%
RKT	F	0.25%
MAX	F	0.24%
TNDM	F	0.23%
RDFN	D	0.22%
IGMS	F	0.19%
PHAT	F	0.17%
NOVA	F	0.12%

DWAS Underweight 178 Positions Relative to FNY

Symbol	Grade	Weight
AFRM	B	-1.08%
SOFI	A	-1.0%
AX	A	-0.9%
NTRA	B	-0.86%
FIX	A	-0.82%
SFBS	B	-0.82%
TOST	B	-0.8%
FOUR	B	-0.8%
HLNE	B	-0.8%
ITRI	B	-0.77%
DUOL	A	-0.77%
KNF	A	-0.76%
ACIW	B	-0.76%
COHR	B	-0.76%
CW	B	-0.76%
EXEL	B	-0.75%
IBKR	A	-0.74%
IOT	A	-0.73%
ENSG	D	-0.71%
EWBC	A	-0.71%
LTH	C	-0.7%
AAON	B	-0.69%
AIT	A	-0.68%
DVA	B	-0.68%
EXLS	B	-0.66%
HLI	B	-0.66%
PEGA	A	-0.66%
HIMS	B	-0.65%
GMED	A	-0.65%
COKE	C	-0.65%
TPG	A	-0.65%
PSN	D	-0.64%
TXRH	C	-0.63%
CACI	D	-0.63%
FFIN	B	-0.63%
PODD	C	-0.63%
TTEK	F	-0.62%
RL	B	-0.61%
GWRE	A	-0.6%
ITGR	B	-0.59%
EXP	A	-0.59%
ADC	B	-0.58%
ANF	C	-0.58%
ITT	A	-0.58%
EHC	B	-0.58%
TKO	B	-0.57%
BCO	D	-0.56%
CRDO	B	-0.56%
BFAM	D	-0.55%
EPRT	B	-0.55%
DOCU	A	-0.54%
HRB	D	-0.54%
NCLH	B	-0.54%
PLNT	A	-0.51%
BRBR	A	-0.51%
AYI	B	-0.5%
KAI	A	-0.5%
IBOC	A	-0.5%
SMG	D	-0.49%
FLS	B	-0.49%
LNTH	D	-0.49%
BWXT	B	-0.49%
AWI	A	-0.49%
HOMB	A	-0.48%
PRI	A	-0.48%
ONB	B	-0.48%
WHD	B	-0.47%
S	B	-0.47%
IBP	D	-0.47%
FFIV	B	-0.46%
SCI	B	-0.46%
HASI	D	-0.45%
TW	A	-0.45%
BOX	B	-0.44%
CNS	B	-0.44%
CLH	B	-0.43%
DT	C	-0.42%
AZEK	A	-0.42%
WWD	B	-0.42%
HALO	F	-0.42%
DKS	C	-0.41%
OHI	C	-0.41%
SBRA	C	-0.41%
NYT	C	-0.4%
WYNN	D	-0.4%
ALLE	D	-0.4%
OLLI	D	-0.39%
DTM	B	-0.37%
CRUS	D	-0.35%
CFR	B	-0.35%
INSP	D	-0.35%
PCTY	B	-0.34%
RVMD	C	-0.34%
MTCH	D	-0.34%
CBSH	A	-0.34%
ESAB	B	-0.33%
GME	C	-0.33%
WING	D	-0.33%
RARE	D	-0.33%
WTM	A	-0.32%
ITCI	C	-0.32%
RLI	B	-0.32%
CWST	A	-0.31%
AXTA	A	-0.31%
RUN	F	-0.31%
MKTX	D	-0.3%
BRX	A	-0.3%
MSGS	A	-0.3%
BCPC	B	-0.29%
KRG	B	-0.29%
REG	B	-0.29%
EEFT	B	-0.29%
CHDN	B	-0.29%
AES	F	-0.29%
TMDX	F	-0.29%
ORA	B	-0.29%
IRT	A	-0.29%
RHP	B	-0.29%
DBX	B	-0.29%
ATR	B	-0.29%
BLKB	B	-0.28%
BPMC	C	-0.28%
CTRE	D	-0.28%
KNSL	B	-0.28%
CROX	D	-0.28%
LAMR	D	-0.27%
GPK	C	-0.27%
GAP	C	-0.27%
CPT	B	-0.27%
CUBE	D	-0.26%
AGNC	D	-0.26%
EXPO	D	-0.24%
FCN	D	-0.24%
AOS	F	-0.23%
VRRM	D	-0.23%
FND	C	-0.23%
CLSK	C	-0.2%
PAYC	B	-0.19%
GTLS	B	-0.19%
LYFT	C	-0.19%
GH	B	-0.18%
OWL	A	-0.17%
MASI	A	-0.17%
DAY	B	-0.17%
KD	B	-0.17%
MARA	C	-0.16%
CHH	A	-0.16%
TRMB	B	-0.16%
LOPE	B	-0.16%
GATX	A	-0.16%
NTNX	A	-0.16%
AM	A	-0.15%
ESI	A	-0.15%
DCI	B	-0.15%
RGLD	C	-0.15%
MORN	B	-0.15%
MAIN	A	-0.15%
RBC	A	-0.15%
IPAR	B	-0.14%
ROIV	C	-0.14%
APPF	B	-0.14%
NEU	C	-0.14%
UDR	B	-0.14%
CNM	D	-0.14%
H	B	-0.14%
LNW	D	-0.14%
NNN	D	-0.13%
ELAN	D	-0.13%
CHE	D	-0.13%
EGP	F	-0.13%
MEDP	D	-0.13%
SSD	D	-0.13%
FR	C	-0.13%
TECH	D	-0.12%
U	C	-0.11%
TDW	F	-0.1%
BRKR	D	-0.1%
LCID	F	-0.09%