KBWB vs. ACSI ETF Comparison

Comparison of PowerShares KBW Bank Portfolio ETF (KBWB) to American Customer Satisfaction Core Alpha ETF (ACSI)

KBWB

PowerShares KBW Bank Portfolio ETF

KBWB Description

The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$62.34

Average Daily Volume

806,432

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACSI

American Customer Satisfaction Core Alpha ETF

ACSI Description

American Customer Satisfaction Core Alpha ETF (the %u201CFund%u201D) seeks to track the performance, before fees and expenses, of the American Customer Satisfaction Investable Index (the %u201CIndex%u201D).

Grade (RS Rating)

Last Trade

$58.09

Average Daily Volume

189

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWB	ACSI
30 Days	8.47%	0.26%
60 Days	5.33%	1.63%
90 Days	15.13%	6.71%
12 Months	62.12%	30.06%

2 Overlapping Holdings

	Symbol	Grade	Weight in KBWB	Weight in ACSI	Overlap
	JPM	A	7.58%	4.68%	4.68%
	MS	B	8.71%	2.43%	2.43%

KBWB Overweight 22 Positions Relative to ACSI

Symbol	Grade	Weight
WFC	B	8.43%
BAC	B	7.93%
GS	B	7.73%
MTB	B	4.3%
BK	B	4.27%
STT	A	4.0%
COF	A	4.0%
USB	B	3.92%
FITB	B	3.92%
PNC	B	3.88%
C	A	3.84%
TFC	C	3.73%
HBAN	B	3.65%
RF	B	3.5%
NTRS	B	3.35%
CFG	A	3.01%
KEY	B	2.61%
EWBC	A	2.15%
FHN	B	1.49%
WAL	C	1.47%
CMA	A	1.33%
ZION	B	1.24%

KBWB Underweight 31 Positions Relative to ACSI

Symbol	Grade	Weight
AAPL	C	-7.24%
COST	D	-5.8%
MSFT	D	-5.03%
AMZN	A	-4.88%
GOOG	A	-4.81%
META	B	-4.66%
KO	D	-3.68%
PRU	B	-3.38%
HUM	F	-3.22%
TMUS	B	-3.02%
NFLX	A	-2.96%
T	A	-2.92%
UNH	C	-2.85%
VZ	D	-2.76%
ALK	A	-2.56%
MSI	B	-2.46%
SCHW	B	-2.45%
FDX	C	-2.44%
ORLY	C	-2.4%
HLT	A	-2.31%
TXRH	A	-2.31%
TSCO	D	-2.29%
YUM	D	-2.27%
SKX	D	-2.08%
LEVI	F	-2.07%
AEO	F	-2.04%
TSLA	A	-1.97%
CLX	B	-1.87%
DUK	C	-1.34%
ATO	B	-1.29%
BRK.A	D	-1.26%