EQWL vs. DVOL ETF Comparison

Comparison of PowerShares Russell Top 200 Equal Weight Portfolio (EQWL) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

EQWL

PowerShares Russell Top 200 Equal Weight Portfolio

EQWL Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Russell Top 200 Equal Weight Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the component securities that comprise the underlying index. The underlying index is designed to provide equal-weighted exposure to the securities of the largest 200 companies in the U.S. equity market.

Grade (RS Rating)

Last Trade

$102.25

Average Daily Volume

45,684

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.37

Average Daily Volume

5,774

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EQWL	DVOL
30 Days	3.08%	2.32%
60 Days	10.39%	10.90%
90 Days	8.09%	9.91%
12 Months	35.31%	35.28%

13 Overlapping Holdings

Symbol	Grade	Weight in EQWL	Weight in DVOL	Overlap
AAPL	C	1.0%	0.94%	0.94%
AIG	C	0.98%	2.36%	0.98%
AXP	A	1.01%	1.33%	1.01%
COST	C	0.96%	2.44%	0.96%
GS	B	1.01%	1.2%	1.01%
JPM	C	1.0%	2.52%	1.0%
LIN	C	1.0%	2.91%	1.0%
MA	A	0.97%	3.06%	0.97%
MSFT	D	0.98%	1.43%	0.98%
SPG	A	0.99%	1.15%	0.99%
V	B	0.92%	3.06%	0.92%
WFC	B	1.04%	0.91%	0.91%
WMT	A	0.97%	2.86%	0.97%

EQWL Overweight 88 Positions Relative to DVOL

Symbol	Grade	Weight
INTC	D	1.19%
PYPL	A	1.12%
CAT	A	1.11%
NKE	D	1.1%
TSLA	C	1.08%
DOW	B	1.07%
AMD	C	1.07%
META	A	1.06%
CRM	B	1.06%
BKNG	B	1.06%
CSCO	A	1.04%
AVGO	B	1.04%
COF	A	1.04%
MS	A	1.04%
BLK	A	1.04%
EMR	B	1.04%
C	B	1.04%
MET	A	1.04%
DIS	D	1.03%
LOW	C	1.02%
IBM	A	1.02%
BK	A	1.02%
NVDA	B	1.02%
DE	C	1.02%
HD	A	1.02%
TXN	C	1.02%
MMM	C	1.02%
UPS	D	1.02%
TGT	C	1.01%
GE	B	1.01%
CMCSA	B	1.01%
ORCL	A	1.01%
BMY	A	1.0%
NFLX	A	1.0%
BAC	B	1.0%
MCD	A	1.0%
AMZN	C	1.0%
SCHW	D	1.0%
QCOM	D	1.0%
DHR	D	0.99%
CVX	B	0.99%
RTX	A	0.99%
LMT	A	0.99%
TMO	D	0.99%
HON	C	0.99%
BRK.A	B	0.99%
XOM	A	0.99%
USB	C	0.99%
CVS	D	0.99%
ACN	B	0.99%
F	D	0.98%
KO	C	0.98%
T	B	0.98%
TMUS	A	0.98%
GILD	A	0.98%
VZ	C	0.98%
COP	D	0.97%
SBUX	B	0.97%
GM	D	0.97%
PFE	D	0.97%
MDT	C	0.97%
SO	A	0.97%
PG	D	0.97%
DUK	C	0.96%
LLY	D	0.96%
NEE	C	0.96%
GD	C	0.96%
BA	F	0.96%
MDLZ	D	0.96%
ABBV	C	0.96%
ABT	C	0.95%
INTU	F	0.95%
AMT	D	0.95%
CL	D	0.95%
JNJ	D	0.95%
MRK	F	0.95%
UNP	F	0.95%
KHC	F	0.95%
AMGN	D	0.94%
ADBE	F	0.94%
PM	D	0.94%
MO	D	0.94%
UNH	B	0.94%
PEP	F	0.93%
FDX	F	0.91%
CHTR	D	0.91%
GOOGL	B	0.55%
GOOG	B	0.46%

EQWL Underweight 35 Positions Relative to DVOL

Symbol	Grade	Weight
RSG	D	-3.28%
MMC	D	-3.03%
CW	A	-2.99%
MSI	A	-2.84%
TJX	D	-2.81%
OTIS	A	-2.79%
BRO	A	-2.65%
AMP	A	-2.64%
CTAS	C	-2.59%
CACI	A	-2.5%
REGN	D	-2.42%
TRV	B	-2.3%
AFL	A	-2.27%
OKE	A	-2.22%
HLT	A	-2.06%
WELL	C	-1.98%
WAB	A	-1.97%
MCK	F	-1.94%
RGA	B	-1.86%
GWW	B	-1.69%
MAR	A	-1.67%
ENSG	D	-1.55%
PKG	B	-1.48%
PTC	B	-1.45%
AOS	C	-1.43%
TDG	A	-1.38%
CPRT	B	-1.32%
SF	A	-1.26%
HLI	A	-1.23%
TRGP	A	-1.19%
USFD	C	-1.16%
TW	A	-1.16%
ITT	C	-1.05%
IR	A	-0.95%
TXRH	A	-0.92%