EQTY vs. KBWD ETF Comparison

Comparison of Kovitz Core Equity ETF (EQTY) to PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD)

EQTY

Kovitz Core Equity ETF

EQTY Description

The Kovitz Core Equity ETF seeks long-term capital appreciation. Through our fundamental, research-driven process, we strive to build diversified portfolios of equity investments through the purchase of competitively advantaged and financially strong companies at prices substantially less than our estimate of their intrinsic values.

Grade (RS Rating)

Last Trade

$23.42

Average Daily Volume

32,278

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBWD

PowerShares KBW High Dividend Yield Financial Portfolio ETF

KBWD Description

The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 publicly listed financial companies that are principally engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$14.67

Average Daily Volume

146,826

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQTY	KBWD
30 Days	1.03%	-0.99%
60 Days	3.21%	-3.14%
90 Days	9.19%	-0.83%
12 Months	30.57%	16.32%

0 Overlapping Holdings

	Symbol	Grade	Weight in EQTY	Weight in KBWD	Overlap

EQTY Overweight 38 Positions Relative to KBWD

Symbol	Grade	Weight
META	B	5.02%
AMZN	A	4.41%
SCHW	B	4.26%
BDX	C	4.23%
GOOG	A	4.06%
KEYS	C	4.03%
PM	A	3.9%
J	D	3.69%
ICE	C	3.67%
V	A	3.5%
CRM	A	3.44%
KMX	F	3.22%
LOW	B	3.12%
BRK.A	D	3.12%
FI	A	3.08%
PCAR	C	2.94%
AON	A	2.92%
AXP	A	2.87%
ORCL	B	2.79%
PPG	F	2.46%
JPM	A	2.4%
DLTR	F	2.32%
AAPL	C	1.97%
MSI	B	1.96%
ADI	C	1.95%
ANET	B	1.94%
DEO	F	1.9%
AMAT	F	1.73%
AMD	F	1.14%
HAS	D	1.13%
HAYW	A	0.65%
GOOGL	A	0.48%
MSFT	D	0.24%
SYK	A	0.13%
GGG	D	0.09%
VRSK	B	0.08%
ABT	A	0.06%
EFX	D	0.06%

EQTY Underweight 30 Positions Relative to KBWD

Symbol	Grade	Weight
TRIN	D	-3.88%
FSK	B	-3.82%
PSEC	D	-3.8%
AGNC	D	-3.74%
TCPC	F	-3.61%
ACRE	F	-3.58%
DX	C	-3.37%
PNNT	C	-3.33%
RC	F	-3.31%
GSBD	F	-3.3%
EFC	D	-3.1%
FDUS	C	-3.1%
ARI	F	-2.97%
BBDC	D	-2.74%
TRTX	A	-2.69%
CSWC	D	-2.52%
EGBN	A	-2.41%
KREF	D	-2.26%
OMF	A	-2.14%
WASH	B	-2.01%
WU	F	-1.99%
TPVG	F	-1.94%
APAM	A	-1.93%
FIBK	B	-1.7%
LNC	A	-1.55%
NWBI	C	-1.51%
KEY	B	-1.31%
PRU	B	-1.21%
JHG	A	-1.18%
JXN	B	-0.92%