IWFG vs. PRN ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWFG) to PowerShares Dynamic Industrials (PRN)

IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.75

Average Daily Volume

137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PRN

PowerShares Dynamic Industrials

PRN Description

The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates 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 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$177.44

Average Daily Volume

19,362

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWFG	PRN
30 Days	3.05%	11.72%
60 Days	5.77%	16.72%
90 Days	7.38%	23.34%
12 Months	40.12%	64.96%

1 Overlapping Holdings

	Symbol	Grade	Weight in IWFG	Weight in PRN	Overlap
	TT	A	3.49%	3.33%	3.33%

IWFG Overweight 28 Positions Relative to PRN

Symbol	Grade	Weight
MSFT	F	11.57%
NVDA	C	7.83%
AMZN	C	7.69%
AAPL	C	5.03%
AVGO	D	4.86%
META	D	4.54%
GOOG	C	4.52%
SPOT	B	3.22%
MA	C	3.21%
ADI	D	3.09%
ORLY	B	2.88%
KKR	A	2.77%
ISRG	A	2.74%
MELI	D	2.74%
NFLX	A	2.62%
NOW	A	2.52%
ETN	A	2.48%
ADBE	C	2.35%
CMG	B	2.31%
APH	A	2.26%
INTU	C	2.23%
UBER	D	2.09%
BKNG	A	2.02%
LRCX	F	1.93%
SNPS	B	1.81%
WDAY	B	1.62%
HLT	A	1.57%
ASML	F	1.48%

IWFG Underweight 39 Positions Relative to PRN

Symbol	Grade	Weight
SMR	B	-5.12%
FIX	A	-4.0%
PWR	A	-3.83%
WSO	A	-3.68%
GWW	B	-3.68%
HEI	B	-3.58%
PH	A	-3.52%
AXON	A	-3.45%
CTAS	B	-3.17%
HWM	A	-3.08%
URI	B	-3.08%
PKG	A	-2.88%
STRL	B	-2.85%
FI	A	-2.85%
CSL	C	-2.43%
IRM	D	-2.41%
TDG	D	-2.31%
CSWI	A	-2.25%
DY	D	-2.16%
RSG	A	-2.04%
EXP	A	-2.01%
GE	D	-2.0%
CARR	D	-1.98%
MLI	C	-1.96%
GVA	A	-1.94%
BAH	F	-1.83%
LMB	A	-1.81%
AIT	A	-1.78%
ROAD	A	-1.71%
KAI	A	-1.63%
CLH	B	-1.5%
TTEK	F	-1.49%
ITT	A	-1.45%
TPC	C	-1.45%
VSEC	C	-1.44%
UFPI	B	-1.4%
CECO	A	-1.33%
RUSHA	C	-1.32%
FWRD	D	-1.31%