DWAS vs. IAI ETF Comparison

Comparison of PowerShares DWA SmallCap Technical Leaders Portfolio (DWAS) to iShares U.S. Broker-Dealers ETF (IAI)
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

$99.19

Average Daily Volume

30,842

Number of Holdings *

182

* may have additional holdings in another (foreign) market
IAI

iShares U.S. Broker-Dealers ETF

IAI Description The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$143.93

Average Daily Volume

102,919

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period DWAS IAI
30 Days 8.01% 10.63%
60 Days 17.50% 17.33%
90 Days 15.97% 19.64%
12 Months 41.02% 57.81%
4 Overlapping Holdings
Symbol Grade Weight in DWAS Weight in IAI Overlap
BGC A 0.37% 0.38% 0.37%
DFIN F 0.88% 0.22% 0.22%
PIPR B 0.44% 0.61% 0.44%
SNEX B 0.41% 0.35% 0.35%
DWAS Overweight 178 Positions Relative to IAI
Symbol Grade Weight
MOD C 1.54%
LMB B 1.41%
STRL A 1.39%
ADMA C 1.32%
NUVL D 1.1%
COOP B 1.07%
KNTK B 1.03%
COMM D 0.9%
UFPT C 0.9%
BELFB B 0.88%
SFM A 0.86%
RNA B 0.85%
GRBK D 0.84%
CVNA B 0.83%
CSWI A 0.81%
AMSC C 0.81%
CRS B 0.81%
OSCR F 0.78%
HRTG D 0.74%
RXST D 0.73%
USAP B 0.72%
NBN B 0.67%
AMRX C 0.65%
GPI B 0.64%
VCTR B 0.63%
ZETA A 0.62%
USLM A 0.62%
CECO D 0.62%
ATI D 0.6%
BYRN C 0.59%
MLI B 0.58%
PCT C 0.58%
SKYW B 0.57%
HROW C 0.54%
ENVA B 0.54%
BMI C 0.54%
AGX B 0.53%
KRYS C 0.51%
NRIX B 0.49%
AROC B 0.49%
HWKN D 0.49%
OCUL C 0.49%
TDS B 0.49%
IMNM F 0.48%
JXN B 0.48%
TREE D 0.47%
GVA B 0.47%
AVAV B 0.47%
TPC B 0.47%
SKT A 0.47%
APLT B 0.47%
ALSN A 0.46%
RUSHA B 0.46%
CORT B 0.46%
CCB B 0.46%
SERA D 0.46%
RDW B 0.46%
WLDN C 0.45%
TRAK B 0.45%
TVTX C 0.45%
WEAV B 0.45%
VSEC B 0.45%
MATX B 0.45%
KTB A 0.45%
BVS D 0.45%
CNX A 0.44%
VERX B 0.44%
ALKT C 0.44%
SLVM B 0.44%
PAY B 0.43%
NECB B 0.43%
ICFI C 0.42%
PRCT B 0.42%
ALHC B 0.42%
QTWO B 0.42%
IDCC A 0.42%
SKY C 0.42%
AQST C 0.42%
FSS D 0.42%
MMSI A 0.41%
PRIM A 0.41%
VNO A 0.41%
CRVL B 0.41%
MLR B 0.41%
ROAD B 0.41%
GKOS B 0.41%
OFG C 0.41%
APOG B 0.41%
CASH B 0.4%
BDC B 0.4%
LPX B 0.4%
ESQ B 0.4%
CRNX B 0.4%
RDNT B 0.4%
RYAN B 0.4%
BSIG B 0.4%
COGT D 0.4%
HURN B 0.4%
SLG A 0.4%
R B 0.39%
TGTX B 0.39%
MEC D 0.39%
AMAL B 0.39%
MHO C 0.39%
PBI A 0.39%
SXI B 0.39%
WT B 0.39%
INSM D 0.39%
SWIM D 0.39%
UTI B 0.39%
CVLT A 0.39%
RSI B 0.39%
NMRK B 0.38%
LMAT B 0.38%
AXGN D 0.38%
AXSM C 0.38%
INBK B 0.38%
PI C 0.38%
AUR C 0.38%
IGMS D 0.38%
PTGX B 0.38%
DSGR B 0.38%
PRDO B 0.38%
KYMR B 0.38%
GOLF C 0.37%
RYAM B 0.37%
AGYS C 0.37%
SMTC A 0.37%
BBSI A 0.37%
FRPT B 0.37%
MAX F 0.37%
THRD C 0.37%
CBT A 0.37%
AGM B 0.37%
MTG D 0.37%
TBBK C 0.36%
PNTG D 0.36%
MOG.A B 0.36%
CDE C 0.36%
SPNT D 0.36%
NGVC B 0.36%
HBB F 0.36%
REVG C 0.36%
GIII B 0.36%
DY D 0.35%
KEX C 0.35%
NRIM C 0.35%
CXT D 0.35%
BKD F 0.35%
VRNS D 0.35%
PHAT B 0.35%
FBP C 0.35%
CVCO B 0.35%
TPH D 0.34%
KBH D 0.34%
PLUS C 0.34%
TWST C 0.34%
SAVA F 0.34%
ALDX D 0.34%
RYTM B 0.34%
NPO C 0.34%
DFH F 0.33%
PATK D 0.33%
PLCE C 0.33%
ACVA C 0.32%
RKT D 0.32%
GCI B 0.32%
ATRO F 0.32%
AVAH C 0.32%
MBIN F 0.31%
CDMO B 0.31%
MG F 0.3%
RDFN C 0.3%
BOOT D 0.29%
UWMC F 0.29%
LSEA F 0.29%
TNDM F 0.27%
NOVA F 0.21%
DWAS Underweight 28 Positions Relative to IAI
Symbol Grade Weight
GS B -14.05%
SPGI D -13.22%
MS B -12.44%
SCHW B -4.79%
COIN B -4.75%
CME C -4.29%
MSCI C -4.23%
NDAQ B -4.08%
ICE D -4.07%
MCO D -3.96%
RJF B -3.67%
CBOE C -2.98%
LPLA B -2.81%
FDS B -2.3%
HOOD B -2.23%
IBKR B -2.22%
TW B -1.98%
MKTX C -1.46%
SF B -1.43%
JEF B -1.39%
EVR B -1.27%
HLI B -1.23%
MORN B -1.19%
LAZ B -0.81%
MC B -0.46%
PJT B -0.45%
VIRT B -0.37%
LPRO C -0.08%
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