FMCX vs. PSI ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to PowerShares Dynamic Semiconductors (PSI)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.83

Average Daily Volume

125

Number of Holdings ^*

* 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

$54.53

Average Daily Volume

97,982

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	PSI
30 Days	-0.06%	-4.37%
60 Days	3.09%	-0.62%
90 Days	6.30%	-7.12%
12 Months	25.01%	22.78%

1 Overlapping Holdings

	Symbol	Grade	Weight in FMCX	Weight in PSI	Overlap
	ENTG	F	0.82%	2.47%	0.82%

FMCX Overweight 51 Positions Relative to PSI

Symbol	Grade	Weight
AAPL	C	6.93%
UNH	C	6.84%
KKR	A	6.14%
IAC	D	5.35%
AMZN	B	5.01%
GDDY	A	4.98%
MSFT	D	4.79%
LBRDK	C	4.24%
LSXMK	D	4.22%
GGG	B	3.98%
PYPL	B	3.9%
MTCH	F	3.18%
LSXMA	D	1.79%
GOOGL	B	1.77%
LBRDA	C	1.74%
PG	C	1.3%
PM	A	1.21%
YUM	D	1.18%
CMCSA	B	1.13%
MCD	D	1.12%
AMGN	D	1.11%
KEYS	C	1.06%
VUSB	A	0.92%
ICSH	A	0.92%
GILD	C	0.87%
CL	D	0.85%
MO	A	0.84%
ARWR	D	0.72%
NKE	F	0.68%
HON	B	0.6%
DHR	D	0.55%
GOOG	B	0.5%
BAX	F	0.47%
YUMC	B	0.42%
MUSA	B	0.4%
SPGI	D	0.37%
MTX	C	0.33%
KEX	B	0.33%
EQR	C	0.3%
JPM	A	0.3%
MUR	F	0.25%
V	A	0.21%
FWONK	B	0.21%
BKNG	A	0.19%
FLWS	F	0.15%
GD	D	0.13%
BATRK	B	0.11%
PNR	B	0.1%
FWONA	B	0.05%
VMEO	C	0.03%
BATRA	D	0.02%

FMCX Underweight 25 Positions Relative to PSI

Symbol	Grade	Weight
NVDA	A	-5.61%
MU	D	-5.6%
AVGO	C	-5.5%
TXN	C	-4.99%
QCOM	F	-4.8%
AMAT	F	-4.79%
ADI	D	-4.75%
LRCX	F	-4.66%
MTSI	B	-3.51%
SMTC	C	-3.49%
PI	D	-3.25%
ACMR	F	-2.95%
ICHR	C	-2.92%
PLAB	D	-2.86%
UCTT	F	-2.75%
MKSI	C	-2.57%
NXPI	F	-2.46%
KLAC	F	-2.23%
SWKS	F	-2.23%
AMKR	F	-2.22%
FORM	F	-2.21%
ONTO	F	-2.21%
MPWR	F	-2.17%
AOSL	C	-1.91%
CRUS	F	-1.9%