EQWL vs. NACP ETF Comparison

Comparison of PowerShares Russell Top 200 Equal Weight Portfolio (EQWL) to Impact Shares NAACP Minority Empowerment ETF (NACP)

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

NACP

Impact Shares NAACP Minority Empowerment ETF

NACP Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar Minority Empowerment Index (the underlying index). The fund will, under normal circumstances, invest at least 80% of its total assets, plus borrowings for investment purposes (the "80% basket") in component securities of the underlying index ("Component Securities"). The underlying index is designed to measure the performance of large and mid- capitalization companies that are "empowering to minorities," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.72

Average Daily Volume

3,518

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	EQWL	NACP
30 Days	3.32%	2.08%
60 Days	4.89%	4.48%
90 Days	7.38%	6.57%
12 Months	31.93%	32.92%

61 Overlapping Holdings

Symbol	Grade	Weight in EQWL	Weight in NACP	Overlap
AAPL	C	0.97%	5.03%	0.97%
ABBV	D	0.83%	1.22%	0.83%
ABT	B	0.94%	0.69%	0.69%
ACN	C	0.98%	3.58%	0.98%
AMZN	C	1.08%	4.47%	1.08%
AXP	A	1.06%	0.56%	0.56%
BA	F	0.84%	0.38%	0.38%
BAC	A	1.13%	0.99%	0.99%
BK	A	1.07%	0.17%	0.17%
BMY	B	1.13%	0.35%	0.35%
C	A	1.12%	0.45%	0.45%
COP	C	1.03%	0.49%	0.49%
CVS	D	0.9%	0.27%	0.27%
CVX	A	1.09%	1.04%	1.04%
DE	A	0.95%	0.36%	0.36%
DHR	F	0.83%	0.64%	0.64%
DUK	C	0.89%	0.32%	0.32%
EMR	A	1.2%	0.22%	0.22%
F	C	0.98%	0.15%	0.15%
FDX	B	0.97%	0.25%	0.25%
GE	D	0.95%	0.69%	0.69%
GILD	C	1.06%	0.35%	0.35%
GM	B	1.18%	0.18%	0.18%
GOOG	C	0.48%	2.16%	0.48%
GOOGL	C	0.58%	2.41%	0.58%
HON	B	1.07%	0.46%	0.46%
IBM	C	0.93%	3.08%	0.93%
INTC	D	1.21%	1.52%	1.21%
JNJ	D	0.87%	1.44%	0.87%
JPM	A	1.12%	2.39%	1.12%
KHC	F	0.85%	0.12%	0.12%
KO	D	0.83%	0.99%	0.83%
LOW	D	1.0%	0.51%	0.51%
MA	C	1.0%	1.4%	1.0%
MDLZ	F	0.83%	0.36%	0.36%
MDT	D	0.91%	0.42%	0.42%
MET	A	1.03%	0.17%	0.17%
META	D	1.04%	3.63%	1.04%
MMM	D	0.94%	0.26%	0.26%
MRK	F	0.8%	1.03%	0.8%
MS	A	1.28%	0.47%	0.47%
MSFT	F	0.94%	4.63%	0.94%
NEE	D	0.84%	0.66%	0.66%
NKE	D	0.91%	0.36%	0.36%
NVDA	C	1.17%	4.9%	1.17%
PEP	F	0.88%	0.92%	0.88%
PFE	D	0.84%	0.62%	0.62%
PYPL	B	1.17%	0.27%	0.27%
QCOM	F	0.93%	3.18%	0.93%
SCHW	B	1.23%	0.33%	0.33%
SO	D	0.92%	0.35%	0.35%
T	A	0.97%	0.45%	0.45%
TMO	F	0.83%	0.83%	0.83%
TSLA	B	1.29%	2.22%	1.29%
UNH	C	0.95%	1.95%	0.95%
UNP	C	0.9%	0.56%	0.56%
UPS	C	0.99%	0.35%	0.35%
V	A	1.02%	1.53%	1.02%
VZ	C	0.87%	2.26%	0.87%
WMT	A	0.99%	0.73%	0.73%
XOM	B	1.03%	2.0%	1.03%

EQWL Overweight 40 Positions Relative to NACP

Symbol	Grade	Weight
WFC	A	1.31%
COF	B	1.25%
CRM	B	1.24%
BKNG	A	1.2%
GS	A	1.17%
DIS	B	1.14%
NFLX	A	1.14%
TMUS	B	1.12%
BLK	C	1.12%
CSCO	B	1.1%
CHTR	C	1.1%
ORCL	B	1.09%
USB	A	1.07%
CAT	B	1.06%
CMCSA	B	1.04%
SPG	B	1.03%
HD	A	1.02%
INTU	C	1.02%
MO	A	0.99%
BRK.A	B	0.99%
TXN	C	0.98%
AIG	B	0.98%
PM	B	0.97%
AVGO	D	0.97%
MCD	D	0.96%
COST	B	0.96%
TGT	F	0.96%
RTX	C	0.95%
SBUX	A	0.95%
ADBE	C	0.94%
LIN	D	0.92%
PG	A	0.91%
GD	F	0.91%
LMT	D	0.9%
AMD	F	0.87%
DOW	F	0.84%
AMGN	D	0.84%
CL	D	0.82%
LLY	F	0.81%
AMT	D	0.77%

EQWL Underweight 136 Positions Relative to NACP

Symbol	Grade	Weight
UBER	D	-2.29%
PANW	C	-1.81%
MU	D	-1.75%
HPQ	B	-0.62%
SPGI	C	-0.55%
DELL	C	-0.54%
ELV	F	-0.47%
EA	A	-0.45%
ETN	A	-0.44%
PLD	D	-0.42%
BSX	B	-0.41%
ADP	B	-0.4%
MELI	D	-0.38%
CI	F	-0.37%
EQIX	A	-0.29%
TT	A	-0.29%
NOC	D	-0.29%
PNC	B	-0.27%
ITW	B	-0.27%
MCO	B	-0.26%
FCX	D	-0.25%
AON	A	-0.24%
CSX	B	-0.24%
MPC	D	-0.23%
BDX	F	-0.23%
PSX	C	-0.22%
TFC	A	-0.22%
NEM	D	-0.22%
ECL	D	-0.21%
NSC	B	-0.2%
WMB	A	-0.19%
AEP	D	-0.19%
MAR	B	-0.19%
OKE	A	-0.18%
SRE	A	-0.18%
TRV	B	-0.18%
CCI	D	-0.18%
D	C	-0.18%
URI	B	-0.18%
VLO	C	-0.17%
JCI	C	-0.17%
HLT	A	-0.17%
LNG	B	-0.16%
IPG	D	-0.16%
LHX	C	-0.16%
KMI	A	-0.15%
HES	B	-0.15%
EXC	C	-0.15%
CMI	A	-0.15%
EW	C	-0.15%
DD	D	-0.14%
PEG	A	-0.14%
A	D	-0.14%
HWM	A	-0.14%
OTIS	C	-0.13%
KR	B	-0.13%
AME	A	-0.13%
VRSK	A	-0.13%
VMC	B	-0.12%
IR	B	-0.12%
MLM	B	-0.12%
XEL	A	-0.12%
ED	D	-0.12%
RCL	A	-0.12%
AVB	B	-0.11%
ROK	B	-0.11%
EBAY	D	-0.11%
VST	B	-0.11%
EIX	B	-0.11%
ADM	D	-0.11%
RMD	C	-0.11%
XYL	D	-0.11%
HSY	F	-0.1%
DVN	F	-0.1%
WEC	A	-0.1%
PPG	F	-0.1%
BIIB	F	-0.1%
PCG	A	-0.09%
TROW	B	-0.09%
IFF	D	-0.09%
DAL	C	-0.09%
SYF	B	-0.08%
APTV	D	-0.08%
SBAC	D	-0.08%
PPL	B	-0.08%
FE	C	-0.08%
ETR	B	-0.08%
NDAQ	A	-0.08%
DTE	C	-0.08%
ES	D	-0.08%
NRG	B	-0.07%
LII	A	-0.07%
EXPD	D	-0.07%
CMS	C	-0.07%
TSN	B	-0.07%
CLX	B	-0.07%
BAH	F	-0.07%
BAX	D	-0.07%
LH	C	-0.07%
K	A	-0.07%
ILMN	D	-0.07%
HBAN	A	-0.07%
RF	A	-0.07%
SWK	D	-0.06%
LUV	C	-0.06%
DOC	D	-0.06%
DGX	A	-0.06%
HUBB	B	-0.06%
TXT	D	-0.06%
SJM	D	-0.05%
AMH	D	-0.05%
NI	A	-0.05%
OC	A	-0.05%
ACM	A	-0.05%
NDSN	B	-0.05%
UAL	A	-0.05%
LNT	A	-0.05%
AES	F	-0.05%
JBHT	C	-0.05%
BG	F	-0.05%
CF	B	-0.05%
CPB	D	-0.04%
REG	B	-0.04%
LECO	B	-0.04%
TFX	F	-0.04%
ALB	C	-0.04%
EMN	D	-0.04%
USFD	A	-0.04%
WBA	F	-0.03%
BWA	D	-0.03%
SCCO	F	-0.03%
PFG	D	-0.03%
MOS	F	-0.03%
HRL	D	-0.03%
CNH	C	-0.03%
TAP	C	-0.03%