MMCA vs. PKW ETF Comparison

Comparison of IQ MacKay California Municipal Intermediate ETF (MMCA) to PowerShares Buyback Achievers (PKW)
MMCA

IQ MacKay California Municipal Intermediate ETF

MMCA Description

IQ MacKay California Municipal Intermediate ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is co-managed by IndexIQ Advisors LLC and MacKay Shields LLC. The fund invests in fixed income markets of the United States. It invests in fixed income securities of California. It primarily invests in investment grade municipal securities that are rated BBB- or above by S&P. The fund seeks to maintain a dollar-weighted average duration of 3 to 8 years. It employs fundamental analysis with bottom-up securities picking approach to create its portfolio. IQ MacKay California Municipal Intermediate ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$21.78

Average Daily Volume

3,199

Number of Holdings *

1

* may have additional holdings in another (foreign) market
PKW

PowerShares Buyback Achievers

PKW Description The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$113.18

Average Daily Volume

14,572

Number of Holdings *

190

* may have additional holdings in another (foreign) market
Performance
Period MMCA PKW
30 Days 0.99% 2.60%
60 Days 1.28% 5.09%
90 Days 1.32% 7.31%
12 Months 6.52% 22.73%
1 Overlapping Holdings
Symbol Grade Weight in MMCA Weight in PKW Overlap
CASH B 0.06% 0.06% 0.06%
MMCA Overweight 0 Positions Relative to PKW
Symbol Grade Weight
MMCA Underweight 189 Positions Relative to PKW
Symbol Grade Weight
TMUS C -5.47%
JNJ B -5.36%
LMT C -4.87%
CMCSA D -4.78%
BKNG B -4.65%
DE B -3.81%
HCA B -3.66%
PYPL B -2.63%
MCK F -2.37%
ORLY B -2.36%
MAR C -2.35%
CSX D -2.34%
AFL B -2.19%
MPC D -2.03%
HLT B -1.93%
MET A -1.92%
PSX D -1.9%
AZO D -1.89%
AIG D -1.74%
VLO D -1.57%
CNC C -1.43%
VRSK D -1.37%
HIG A -1.21%
DD B -1.2%
DFS C -1.16%
APP B -1.03%
PHM B -1.01%
VST C -1.0%
CAH C -0.98%
STT A -0.89%
GDDY C -0.77%
BLDR C -0.76%
CSL C -0.69%
SYF C -0.66%
CFG D -0.64%
L B -0.62%
STLD D -0.62%
EXPD B -0.61%
EXPE C -0.6%
TXT D -0.59%
THC B -0.55%
TOL B -0.53%
EQH C -0.46%
JEF B -0.44%
MUSA C -0.4%
WMS D -0.4%
MGM D -0.4%
CACI B -0.37%
PAG D -0.36%
BRKR D -0.35%
ORI A -0.33%
FOXA B -0.32%
EXP B -0.32%
PRI B -0.31%
HRB C -0.31%
DINO D -0.3%
WSC D -0.27%
BERY B -0.27%
CNM F -0.27%
NSIT C -0.24%
MTN D -0.24%
AN D -0.23%
ARW C -0.23%
MTG B -0.23%
KBH B -0.22%
WH B -0.22%
COOP B -0.21%
CHH C -0.21%
R B -0.21%
BYD C -0.2%
PVH F -0.19%
NXST D -0.19%
AMG C -0.19%
OLN D -0.18%
BC C -0.18%
VVV D -0.18%
GPI B -0.17%
RH B -0.17%
TNET D -0.17%
MATX C -0.16%
EEFT D -0.16%
SM D -0.16%
SLM C -0.16%
DDS D -0.15%
ASGN D -0.15%
CNX A -0.15%
ASH D -0.15%
ABG F -0.15%
WU D -0.14%
ASO C -0.14%
GOLF F -0.14%
NSA B -0.13%
DOCN B -0.13%
HGV D -0.13%
HUN D -0.13%
DXC C -0.13%
FBP C -0.12%
CRC C -0.12%
IDCC B -0.12%
CVCO B -0.12%
SEB C -0.11%
TNL D -0.11%
HP D -0.11%
SKYW C -0.11%
SLVM B -0.11%
ATKR F -0.11%
LBRT D -0.11%
GFF C -0.11%
BTU D -0.1%
ATGE D -0.1%
DEI B -0.1%
CEIX D -0.1%
VIRT B -0.1%
GNW B -0.1%
PK D -0.1%
CAR F -0.09%
CARG B -0.09%
VAC F -0.09%
AZTA D -0.09%
AMR F -0.09%
BHF D -0.09%
SPB B -0.09%
TGNA C -0.08%
HURN C -0.07%
PRG B -0.07%
ENVA C -0.07%
PZZA D -0.06%
JBGS B -0.06%
AMN F -0.06%
NAVI C -0.06%
CSGS C -0.05%
XHR C -0.05%
IART F -0.05%
GBX C -0.05%
LILAK D -0.05%
PEB D -0.05%
SBSI B -0.04%
CGEM F -0.04%
ODP F -0.04%
ANAB C -0.04%
CNNE D -0.04%
SAH D -0.04%
EIG B -0.04%
DK F -0.04%
INVA B -0.04%
XRX F -0.04%
PLAY F -0.04%
ZIP D -0.03%
ECVT F -0.03%
DXPE C -0.03%
STGW B -0.03%
JACK F -0.03%
HTZ D -0.03%
SCHL D -0.03%
ATSG D -0.03%
LSEA C -0.02%
CCRN F -0.02%
FPI D -0.02%
NFBK C -0.02%
OPY D -0.02%
LXU D -0.02%
HONE C -0.02%
SNCY D -0.02%
IMXI D -0.02%
NR F -0.02%
RYI F -0.02%
EGBN C -0.02%
LPRO D -0.02%
PRA C -0.02%
KELYA D -0.02%
LQDT B -0.02%
HCKT B -0.02%
MBI F -0.01%
MX F -0.01%
SKIN F -0.01%
CHGG F -0.01%
TASK F -0.01%
ONTF D -0.01%
ZYXI F -0.01%
DBI F -0.01%
GCO D -0.01%
WSBF B -0.01%
RLGT C -0.01%
DENN D -0.01%
NECB B -0.01%
LWAY C -0.01%
SENEA B -0.01%
TBPH F -0.01%
LOCO B -0.01%
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