EQWL vs. HELO ETF Comparison

Comparison of PowerShares Russell Top 200 Equal Weight Portfolio (EQWL) to JPMorgan Hedged Equity Laddered Overlay ETF (HELO)

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

$106.55

Average Daily Volume

61,555

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

HELO Description

The fund seeks to provide capital appreciation through participation in the broad equity markets while hedging overall market exposure relative to traditional long-only equity strategies. Under normal circumstances, it invests at least 80% of its assets in equity securities. The fund uses an enhanced index strategy to invest in equity securities similar to those in the S&P 500 Index, which primarily consist of common stocks of large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$62.66

Average Daily Volume

282,728

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	EQWL	HELO
30 Days	3.32%	1.57%
60 Days	4.89%	3.39%
90 Days	7.38%	4.59%
12 Months	31.93%	20.91%

65 Overlapping Holdings

Symbol	Grade	Weight in EQWL	Weight in HELO	Overlap
AAPL	C	0.97%	6.83%	0.97%
ABBV	D	0.83%	1.14%	0.83%
ABT	B	0.94%	0.19%	0.19%
ACN	C	0.98%	0.21%	0.21%
ADBE	C	0.94%	0.18%	0.18%
AMD	F	0.87%	0.45%	0.45%
AMZN	C	1.08%	4.5%	1.08%
AVGO	D	0.97%	1.02%	0.97%
AXP	A	1.06%	0.21%	0.21%
BAC	A	1.13%	1.26%	1.13%
BKNG	A	1.2%	0.75%	0.75%
BMY	B	1.13%	0.68%	0.68%
BRK.A	B	0.99%	1.53%	0.99%
C	A	1.12%	0.3%	0.3%
CHTR	C	1.1%	0.25%	0.25%
CMCSA	B	1.04%	0.71%	0.71%
COP	C	1.03%	0.81%	0.81%
COST	B	0.96%	0.53%	0.53%
CRM	B	1.24%	1.15%	1.15%
CVX	A	1.09%	0.18%	0.18%
DE	A	0.95%	0.68%	0.68%
DHR	F	0.83%	0.44%	0.44%
DIS	B	1.14%	0.31%	0.31%
DOW	F	0.84%	0.35%	0.35%
FDX	B	0.97%	0.33%	0.33%
GOOG	C	0.48%	1.46%	0.48%
GOOGL	C	0.58%	2.09%	0.58%
GS	A	1.17%	0.75%	0.75%
HON	B	1.07%	0.98%	0.98%
INTU	C	1.02%	0.51%	0.51%
JNJ	D	0.87%	0.51%	0.51%
KO	D	0.83%	0.63%	0.63%
LIN	D	0.92%	0.82%	0.82%
LLY	F	0.81%	1.07%	0.81%
LOW	D	1.0%	0.99%	0.99%
MA	C	1.0%	1.72%	1.0%
MCD	D	0.96%	0.81%	0.81%
MDLZ	F	0.83%	0.72%	0.72%
MDT	D	0.91%	0.46%	0.46%
MET	A	1.03%	0.3%	0.3%
META	D	1.04%	2.9%	1.04%
MO	A	0.99%	0.15%	0.15%
MRK	F	0.8%	0.24%	0.24%
MSFT	F	0.94%	7.13%	0.94%
NEE	D	0.84%	0.83%	0.83%
NVDA	C	1.17%	7.8%	1.17%
ORCL	B	1.09%	0.36%	0.36%
PEP	F	0.88%	0.83%	0.83%
PG	A	0.91%	0.14%	0.14%
PM	B	0.97%	0.32%	0.32%
SCHW	B	1.23%	0.42%	0.42%
SO	D	0.92%	0.84%	0.84%
T	A	0.97%	0.18%	0.18%
TGT	F	0.96%	0.14%	0.14%
TMO	F	0.83%	0.89%	0.83%
TMUS	B	1.12%	0.17%	0.17%
TSLA	B	1.29%	1.58%	1.29%
TXN	C	0.98%	0.87%	0.87%
UNH	C	0.95%	1.62%	0.95%
UNP	C	0.9%	0.17%	0.17%
UPS	C	0.99%	0.54%	0.54%
USB	A	1.07%	0.33%	0.33%
V	A	1.02%	1.49%	1.02%
WFC	A	1.31%	1.0%	1.0%
XOM	B	1.03%	1.43%	1.03%

EQWL Overweight 36 Positions Relative to HELO

Symbol	Grade	Weight
MS	A	1.28%
COF	B	1.25%
INTC	D	1.21%
EMR	A	1.2%
GM	B	1.18%
PYPL	B	1.17%
NFLX	A	1.14%
JPM	A	1.12%
BLK	C	1.12%
CSCO	B	1.1%
BK	A	1.07%
GILD	C	1.06%
CAT	B	1.06%
SPG	B	1.03%
HD	A	1.02%
WMT	A	0.99%
F	C	0.98%
AIG	B	0.98%
RTX	C	0.95%
GE	D	0.95%
SBUX	A	0.95%
MMM	D	0.94%
IBM	C	0.93%
QCOM	F	0.93%
NKE	D	0.91%
GD	F	0.91%
CVS	D	0.9%
LMT	D	0.9%
DUK	C	0.89%
VZ	C	0.87%
KHC	F	0.85%
BA	F	0.84%
PFE	D	0.84%
AMGN	D	0.84%
CL	D	0.82%
AMT	D	0.77%

EQWL Underweight 96 Positions Relative to HELO

Symbol	Grade	Weight
TT	A	-0.96%
NOW	A	-0.94%
SYK	C	-0.76%
PGR	A	-0.75%
NXPI	D	-0.72%
ADI	D	-0.72%
AZO	C	-0.65%
HWM	A	-0.62%
VRTX	F	-0.6%
CME	A	-0.59%
UBER	D	-0.58%
MU	D	-0.57%
TFC	A	-0.56%
BSX	B	-0.52%
TDG	D	-0.52%
FIS	C	-0.52%
CMG	B	-0.51%
PLD	D	-0.5%
OTIS	C	-0.5%
PCG	A	-0.5%
YUM	B	-0.5%
CTSH	B	-0.49%
FITB	A	-0.48%
CPAY	A	-0.47%
EOG	A	-0.47%
CARR	D	-0.46%
REGN	F	-0.45%
AON	A	-0.44%
ROST	C	-0.44%
STX	D	-0.41%
CSX	B	-0.41%
LDOS	C	-0.39%
DLR	B	-0.39%
VTR	C	-0.39%
ETN	A	-0.38%
LRCX	F	-0.37%
HLT	A	-0.36%
TRV	B	-0.34%
RCL	A	-0.34%
CI	F	-0.34%
MNST	C	-0.32%
SBAC	D	-0.31%
FANG	D	-0.31%
CHD	B	-0.3%
EXPE	B	-0.29%
TXT	D	-0.29%
WELL	A	-0.27%
KVUE	A	-0.26%
BKR	B	-0.24%
BURL	A	-0.24%
LYB	F	-0.23%
IR	B	-0.23%
DAL	C	-0.23%
MAS	D	-0.23%
PPG	F	-0.21%
BBY	D	-0.2%
AMP	A	-0.2%
KKR	A	-0.2%
ELS	C	-0.19%
HPE	B	-0.18%
PCAR	B	-0.18%
WDC	D	-0.18%
MSI	B	-0.17%
NOC	D	-0.17%
CDNS	B	-0.17%
MCK	B	-0.16%
MLM	B	-0.16%
HUM	C	-0.16%
ANET	C	-0.15%
LEN	D	-0.14%
MMC	B	-0.14%
SQ	B	-0.14%
URI	B	-0.13%
LULU	C	-0.13%
PFG	D	-0.13%
BIIB	F	-0.12%
FICO	B	-0.12%
NUE	C	-0.11%
HCA	F	-0.11%
DASH	A	-0.11%
VST	B	-0.1%
CMS	C	-0.1%
APTV	D	-0.1%
WMG	C	-0.1%
NBIX	C	-0.08%
EQIX	A	-0.07%
SIRI	C	-0.07%
EQT	B	-0.06%
BAX	D	-0.06%
MRVL	B	-0.06%
AME	A	-0.06%
EL	F	-0.05%
NRG	B	-0.04%
BMRN	D	-0.03%
SRPT	D	-0.03%
LKQ	D	-0.02%