NOBL vs. PEY ETF Comparison

Comparison of ProShares S&P 500 Aristocrats ETF (NOBL) to PowerShares High Yield Dividend Achievers (PEY)

NOBL

ProShares S&P 500 Aristocrats ETF

NOBL Description

The investment seeks investment results before fees and expenses that track the performance of the S&P 500Â® Dividend AristocratsÂ® Index (the "index"). The fund will invest at least 80% of its total assets in component securities (i.e., securities of the index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the index). The index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the index weight.

Grade (RS Rating)

Last Trade

$106.30

Average Daily Volume

445,486

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PEY

PowerShares High Yield Dividend Achievers

PEY Description

The PowerShares High Yield Equity Dividend Achievers Portfolio (Fund) is based on the NASDAQ US Dividend AchieversTM 50 Index (Index). The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends. 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 Mergent Dividend Achievers 50 Index to NASDAQ Dividend Achievers 50 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

$21.59

Average Daily Volume

184,143

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NOBL	PEY
30 Days	1.92%	-0.63%
60 Days	5.94%	3.33%
90 Days	11.96%	12.07%
12 Months	24.89%	22.16%

6 Overlapping Holdings

Symbol	Grade	Weight in NOBL	Weight in PEY	Overlap
BEN	F	1.28%	2.81%	1.28%
CVX	B	1.34%	1.95%	1.34%
IBM	B	1.69%	1.63%	1.63%
KMB	B	1.42%	1.46%	1.42%
SWK	A	1.75%	1.51%	1.51%
TROW	D	1.33%	2.14%	1.33%

NOBL Overweight 59 Positions Relative to PEY

Symbol	Grade	Weight
KVUE	C	1.78%
CLX	B	1.75%
CHRW	A	1.66%
MCD	A	1.66%
AFL	A	1.65%
CAH	B	1.63%
SHW	B	1.62%
PNR	C	1.61%
CINF	A	1.6%
WMT	A	1.6%
LOW	A	1.59%
ADP	A	1.58%
MDT	B	1.58%
NEE	A	1.58%
MKC	C	1.58%
APD	C	1.58%
CB	A	1.58%
GWW	A	1.57%
CAT	A	1.56%
AMCR	B	1.55%
ABBV	A	1.55%
KO	C	1.54%
ATO	A	1.54%
ESS	C	1.53%
DOV	C	1.53%
ED	A	1.53%
O	A	1.53%
LIN	B	1.52%
SPGI	C	1.52%
CTAS	B	1.52%
NDSN	B	1.52%
GD	A	1.52%
FRT	D	1.51%
CL	D	1.51%
SYY	B	1.51%
ABT	B	1.51%
ITW	A	1.51%
FAST	B	1.5%
TGT	C	1.49%
BRO	A	1.48%
ROP	C	1.48%
JNJ	D	1.47%
PG	C	1.46%
ECL	B	1.46%
AOS	B	1.46%
CHD	C	1.45%
SJM	C	1.44%
XOM	A	1.44%
PEP	D	1.44%
EXPD	C	1.43%
GPC	D	1.43%
PPG	D	1.43%
HRL	F	1.41%
BDX	B	1.39%
ADM	D	1.37%
ALB	D	1.37%
NUE	D	1.34%
WST	D	1.33%
EMR	B	1.3%

NOBL Underweight 43 Positions Relative to PEY

Symbol	Grade	Weight
WBA	F	-3.71%
MO	D	-3.12%
VZ	A	-3.05%
FIBK	D	-2.72%
UGI	C	-2.67%
PFE	D	-2.63%
CCOI	B	-2.61%
UVV	D	-2.59%
UPS	D	-2.29%
NWE	B	-2.25%
LYB	D	-2.25%
AVA	D	-2.2%
NWN	C	-2.17%
KEY	C	-2.14%
BMY	B	-2.14%
SR	C	-2.08%
EVRG	C	-2.06%
BKH	C	-2.05%
TFC	D	-2.0%
OGE	A	-1.98%
PRU	C	-1.91%
WSBC	D	-1.88%
PM	C	-1.87%
PNW	A	-1.87%
MAN	D	-1.84%
ES	C	-1.83%
POR	C	-1.81%
USB	C	-1.81%
RF	C	-1.81%
FLO	D	-1.8%
IPG	C	-1.7%
UBSI	D	-1.66%
BBY	B	-1.63%
WEC	A	-1.63%
PRGO	F	-1.59%
SON	D	-1.58%
TRN	C	-1.55%
INDB	D	-1.53%
PNC	C	-1.53%
EMN	C	-1.5%
MMM	C	-1.33%
HPQ	C	-1.32%
K	B	-1.26%