FCTE vs. PSI ETF Comparison

Comparison of SMI 3Fourteen Full-Cycle Trend ETF (FCTE) to PowerShares Dynamic Semiconductors (PSI)

FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description

The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.47

Average Daily Volume

322,327

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$56.42

Average Daily Volume

139,416

Number of Holdings ^*

26

* may have additional holdings in another (foreign) market

Performance

Period	FCTE	PSI
30 Days	1.69%	-2.12%
60 Days	6.95%	12.14%
90 Days	11.58%	-12.38%
12 Months		35.02%

3 Overlapping Holdings

	Symbol	Grade	Weight in FCTE	Weight in PSI	Overlap
	AMAT	B	5.19%	5.12%	5.12%
	KLAC	B	4.8%	2.64%	2.64%
	LRCX	D	5.03%	4.94%	4.94%

FCTE Overweight 17 Positions Relative to PSI

	Symbol	Grade	Weight
	ANET	A	5.34%
	META	A	5.28%
	HUBB	A	5.21%
	PHM	A	5.2%
	TSCO	A	5.2%
	GWW	A	5.15%
	DPZ	D	5.1%
	MSFT	D	5.05%
	MTD	B	5.03%
	NTAP	D	5.02%
	HPQ	C	5.0%
	MLM	D	4.91%
	GD	A	4.89%
	GOOGL	B	4.86%
	SNPS	F	4.81%
	DECK	B	4.8%
	MCK	F	4.14%

FCTE Underweight 23 Positions Relative to PSI

	Symbol	Grade	Weight
	AVGO	C	-5.54%
	ADI	C	-5.04%
	TXN	C	-5.0%
	MU	D	-4.94%
	QCOM	D	-4.93%
	NVDA	C	-4.69%
	PI	B	-3.57%
	SMTC	C	-3.42%
	MTSI	B	-2.89%
	PLAB	D	-2.79%
	ENTG	D	-2.72%
	ONTO	B	-2.69%
	MPWR	B	-2.66%
	AMKR	F	-2.65%
	ACMR	D	-2.62%
	UCTT	D	-2.61%
	MKSI	F	-2.6%
	NXPI	F	-2.59%
	AOSL	D	-2.59%
	SWKS	F	-2.57%
	ICHR	D	-2.51%
	CRUS	D	-2.45%
	FORM	F	-2.45%

FCTE: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Computer Systems Internet Content & Information Aerospace & Defense Building Materials Data Storage Diagnostics & Research Electronic Components Footwear & Accessories Industrial Distribution Medical Distribution Residential Construction Restaurants Software - Application Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Operating System Semiconductor Cloud Computing Hyperscale IBD 50 Semiconductor Device Fabrication Software Business Solutions Chemical Chemical Vapor Deposition Clothing Electrical Engineering Electrical Products Electronics Industries Ethernet Lithography

PSI: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Electronic Components Scientific & Technical Instruments Semiconductor Memory

Keywords: Semiconductor Integrated Circuits S&P 500 Nasdaq 100 Semiconductor Device Fabrication Electronic Engineering Electronics Computing Fabless Semiconductor Companies Electrical Engineering Manufacturing Process Power Management Semiconductor Devices Transistor Wafer Chemical Mechanical Planarization Consumer Applications Consumer Electronics Electromagnetism Flat Panel Display