PBP vs. PFF ETF Comparison

Comparison of PowerShares S&P 500 BuyWrite Portfolio (PBP) to iShares US Preferred Stock ETF (PFF)

PBP

PowerShares S&P 500 BuyWrite Portfolio

PBP Description

The PowerShares S&P 500 BuyWrite Portfolio (Fund) is based on the CBOE S&P 500 BuyWrite IndexTM (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index, including at least 80% of its total assets in common stocks of the 500 companies included in the S&P 500Â® Index and will write (sell) call options thereon. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a portfolio indexed to the S&P 500 (Reference Index) and selling a succession of written options, each with an exercise price at or above the prevailing price level of the S&P 500. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$23.15

Average Daily Volume

20,950

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

PFF

iShares US Preferred Stock ETF

PFF Description

The investment seeks to track the investment results of an index composed of U.S. preferred stocks. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P U.S. Preferred Stock IndexTM (the "underlying index"), which measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (" NYSE"), NYSE Arca, Inc. ("NYSE Arca"), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.70

Average Daily Volume

3,780,916

Number of Holdings ^*

227

* may have additional holdings in another (foreign) market

Performance

Period	PBP	PFF
30 Days	1.82%	-0.29%
60 Days	2.59%	-1.26%
90 Days	4.17%	2.56%
12 Months	18.42%	15.76%

47 Overlapping Holdings

Symbol	Grade	Weight in PBP	Weight in PFF	Overlap
ALB	C	0.02%	1.35%	0.02%
ALL	A	0.1%	0.16%	0.1%
BAC	A	0.63%	0.28%	0.28%
BAC	A	0.63%	0.06%	0.06%
C	A	0.26%	1.68%	0.26%
CFG	B	0.04%	0.24%	0.04%
CMS	C	0.04%	0.11%	0.04%
COF	B	0.14%	0.06%	0.06%
CTVA	C	0.08%	0.08%	0.08%
DLR	B	0.11%	0.11%	0.11%
DTE	C	0.05%	0.11%	0.05%
DUK	C	0.17%	0.62%	0.17%
EIX	B	0.06%	0.12%	0.06%
F	C	0.09%	0.37%	0.09%
FITB	A	0.06%	0.12%	0.06%
FRT	B	0.02%	0.08%	0.02%
GL	B	0.02%	0.14%	0.02%
GS	A	0.38%	0.12%	0.12%
HBAN	A	0.05%	0.1%	0.05%
HIG	B	0.07%	0.22%	0.07%
HPE	B	0.06%	1.13%	0.06%
JPM	A	1.39%	0.41%	0.41%
KEY	B	0.04%	0.25%	0.04%
KIM	A	0.03%	0.12%	0.03%
KKR	A	0.21%	0.24%	0.21%
KMI	A	0.1%	0.13%	0.1%
MET	A	0.1%	0.37%	0.1%
MS	A	0.33%	0.25%	0.25%
MTB	A	0.07%	0.16%	0.07%
NEE	D	0.31%	0.42%	0.31%
NEE	D	0.31%	1.08%	0.31%
NTRS	A	0.04%	0.22%	0.04%
PCG	A	0.09%	0.07%	0.07%
PRU	A	0.09%	0.19%	0.09%
PSA	D	0.11%	0.07%	0.07%
REG	B	0.02%	0.07%	0.02%
RF	A	0.05%	0.19%	0.05%
SCHW	B	0.24%	0.31%	0.24%
SO	D	0.19%	0.37%	0.19%
STT	A	0.06%	0.31%	0.06%
SYF	B	0.05%	0.33%	0.05%
T	A	0.32%	0.64%	0.32%
T	A	0.32%	0.88%	0.32%
TFC	A	0.13%	0.1%	0.1%
USB	A	0.16%	0.21%	0.16%
WFC	A	0.5%	0.31%	0.31%
WRB	A	0.04%	0.12%	0.04%

PBP Overweight 455 Positions Relative to PFF

Symbol	Grade	Weight
NVDA	C	7.29%
AAPL	C	7.01%
MSFT	F	6.41%
AMZN	C	3.99%
META	D	2.55%
GOOGL	C	2.08%
TSLA	B	1.75%
BRK.A	B	1.73%
GOOG	C	1.72%
AVGO	D	1.6%
LLY	F	1.25%
UNH	C	1.11%
XOM	B	1.08%
V	A	1.04%
MA	C	0.87%
COST	B	0.83%
HD	A	0.81%
PG	A	0.8%
JNJ	D	0.74%
WMT	A	0.74%
NFLX	A	0.73%
CRM	B	0.65%
ABBV	D	0.61%
ORCL	B	0.6%
CVX	A	0.56%
MRK	F	0.5%
KO	D	0.49%
CSCO	B	0.47%
ADBE	C	0.47%
ACN	C	0.46%
PEP	F	0.46%
AMD	F	0.45%
LIN	D	0.44%
NOW	A	0.43%
MCD	D	0.43%
TMO	F	0.41%
INTU	C	0.4%
DIS	B	0.4%
PM	B	0.4%
ABT	B	0.4%
ISRG	A	0.39%
IBM	C	0.39%
GE	D	0.39%
CAT	B	0.38%
TXN	C	0.38%
QCOM	F	0.37%
VZ	C	0.35%
BKNG	A	0.34%
CMCSA	B	0.34%
AXP	A	0.33%
SPGI	C	0.33%
RTX	C	0.32%
AMGN	D	0.32%
PGR	A	0.31%
DHR	F	0.31%
LOW	D	0.31%
AMAT	F	0.31%
PFE	D	0.3%
UBER	D	0.3%
HON	B	0.3%
UNP	C	0.29%
ETN	A	0.29%
BLK	C	0.29%
COP	C	0.27%
SYK	C	0.27%
TJX	A	0.27%
PANW	C	0.26%
BSX	B	0.26%
BX	A	0.26%
FI	A	0.25%
ADP	B	0.25%
VRTX	F	0.25%
TMUS	B	0.24%
BMY	B	0.24%
PLTR	B	0.24%
SBUX	A	0.23%
LMT	D	0.23%
GILD	C	0.23%
INTC	D	0.22%
CB	C	0.22%
MMC	B	0.22%
MU	D	0.22%
MDT	D	0.22%
ADI	D	0.21%
PLD	D	0.21%
UPS	C	0.2%
LRCX	F	0.2%
ANET	C	0.2%
BA	F	0.2%
DE	A	0.2%
TT	A	0.19%
ELV	F	0.19%
MO	A	0.19%
KLAC	D	0.18%
APH	A	0.18%
MDLZ	F	0.18%
PYPL	B	0.18%
GEV	B	0.18%
ICE	C	0.18%
PH	A	0.18%
SHW	A	0.18%
CI	F	0.18%
NKE	D	0.18%
AMT	D	0.18%
AON	A	0.17%
CMG	B	0.17%
MSI	B	0.17%
PNC	B	0.17%
REGN	F	0.17%
CDNS	B	0.17%
SNPS	B	0.17%
EQIX	A	0.17%
EOG	A	0.16%
WELL	A	0.16%
ZTS	D	0.16%
MCK	B	0.16%
CRWD	B	0.16%
CME	A	0.16%
WM	A	0.16%
MMM	D	0.15%
ITW	B	0.15%
EMR	A	0.15%
CTAS	B	0.15%
CL	D	0.15%
MCO	B	0.15%
GD	F	0.15%
WMB	A	0.14%
NOC	D	0.14%
CSX	B	0.14%
CVS	D	0.14%
APD	A	0.14%
CEG	D	0.14%
ORLY	B	0.14%
TGT	F	0.14%
TDG	D	0.14%
FCX	D	0.13%
ECL	D	0.13%
CARR	D	0.13%
OKE	A	0.13%
HCA	F	0.13%
AJG	B	0.13%
GM	B	0.13%
BDX	F	0.13%
MAR	B	0.13%
FDX	B	0.13%
ADSK	A	0.13%
JCI	C	0.12%
URI	B	0.12%
NXPI	D	0.12%
BK	A	0.12%
SRE	A	0.12%
FICO	B	0.12%
TRV	B	0.12%
ABNB	C	0.12%
NSC	B	0.12%
FTNT	C	0.12%
PCAR	B	0.12%
ROP	B	0.12%
SLB	C	0.12%
HLT	A	0.12%
GWW	B	0.11%
MPC	D	0.11%
PSX	C	0.11%
SPG	B	0.11%
AMP	A	0.11%
RCL	A	0.11%
AFL	B	0.11%
FAST	B	0.1%
LHX	C	0.1%
D	C	0.1%
ROST	C	0.1%
PWR	A	0.1%
VST	B	0.1%
MSCI	C	0.1%
DHI	D	0.1%
FIS	C	0.1%
AIG	B	0.1%
O	D	0.1%
CMI	A	0.1%
AEP	D	0.1%
CPRT	A	0.1%
AZO	C	0.1%
ODFL	B	0.09%
COR	B	0.09%
RSG	A	0.09%
BKR	B	0.09%
PEG	A	0.09%
AXON	A	0.09%
DFS	B	0.09%
KMB	D	0.09%
CCI	D	0.09%
AME	A	0.09%
VLO	C	0.09%
KVUE	A	0.09%
HWM	A	0.09%
NEM	D	0.09%
PAYX	C	0.09%
VMC	B	0.08%
ACGL	D	0.08%
GEHC	F	0.08%
A	D	0.08%
STZ	D	0.08%
EXC	C	0.08%
LULU	C	0.08%
CHTR	C	0.08%
XEL	A	0.08%
YUM	B	0.08%
DELL	C	0.08%
KR	B	0.08%
MNST	C	0.08%
EA	A	0.08%
CBRE	B	0.08%
EW	C	0.08%
OTIS	C	0.08%
CTSH	B	0.08%
HES	B	0.08%
VRSK	A	0.08%
LEN	D	0.08%
IT	C	0.08%
IR	B	0.08%
DAL	C	0.08%
TRGP	B	0.08%
NDAQ	A	0.07%
AVB	B	0.07%
GRMN	B	0.07%
EFX	F	0.07%
ROK	B	0.07%
VICI	C	0.07%
ED	D	0.07%
IRM	D	0.07%
RMD	C	0.07%
OXY	D	0.07%
FANG	D	0.07%
HUM	C	0.07%
WAB	B	0.07%
EXR	D	0.07%
DD	D	0.07%
NUE	C	0.07%
IDXX	F	0.07%
IQV	D	0.07%
MCHP	D	0.07%
KDP	D	0.07%
HPQ	B	0.07%
MLM	B	0.07%
GIS	D	0.07%
GLW	B	0.07%
SYY	B	0.07%
DOV	A	0.06%
KHC	F	0.06%
MPWR	F	0.06%
ON	D	0.06%
PPG	F	0.06%
NVR	D	0.06%
TTWO	A	0.06%
GPN	B	0.06%
XYL	D	0.06%
CAH	B	0.06%
RJF	A	0.06%
ANSS	B	0.06%
DXCM	D	0.06%
UAL	A	0.06%
TSCO	D	0.06%
WEC	A	0.06%
EBAY	D	0.06%
CSGP	D	0.06%
CNC	D	0.06%
DOW	F	0.06%
ETR	B	0.06%
WTW	B	0.06%
TDY	B	0.05%
ATO	A	0.05%
WY	D	0.05%
LDOS	C	0.05%
EXPE	B	0.05%
IFF	D	0.05%
PTC	A	0.05%
CINF	A	0.05%
SBAC	D	0.05%
HUBB	B	0.05%
AEE	A	0.05%
BIIB	F	0.05%
CDW	F	0.05%
NTAP	C	0.05%
MTD	D	0.05%
PPL	B	0.05%
CCL	B	0.05%
WST	C	0.05%
DVN	F	0.05%
SW	A	0.05%
EQR	B	0.05%
ADM	D	0.05%
EQT	B	0.05%
VLTO	D	0.05%
AWK	D	0.05%
CPAY	A	0.05%
BRO	B	0.05%
GDDY	A	0.05%
VTR	C	0.05%
HSY	F	0.05%
CHD	B	0.05%
FTV	C	0.05%
TYL	B	0.05%
HAL	C	0.05%
BR	A	0.05%
TROW	B	0.05%
KEYS	A	0.05%
PHM	D	0.05%
DECK	A	0.05%
TRMB	B	0.04%
IEX	B	0.04%
TER	D	0.04%
PNR	A	0.04%
DGX	A	0.04%
J	F	0.04%
MOH	F	0.04%
BBY	D	0.04%
HOLX	D	0.04%
TSN	B	0.04%
ULTA	F	0.04%
PODD	C	0.04%
PFG	D	0.04%
MAA	B	0.04%
BALL	D	0.04%
CTRA	B	0.04%
SNA	A	0.04%
MKC	D	0.04%
NRG	B	0.04%
FDS	B	0.04%
INVH	D	0.04%
LUV	C	0.04%
ESS	B	0.04%
CNP	B	0.04%
STLD	B	0.04%
IP	B	0.04%
DRI	B	0.04%
LH	C	0.04%
LYV	A	0.04%
ZBRA	B	0.04%
STX	D	0.04%
CLX	B	0.04%
OMC	C	0.04%
WDC	D	0.04%
CBOE	B	0.04%
FE	C	0.04%
PKG	A	0.04%
FSLR	F	0.04%
BLDR	D	0.04%
LYB	F	0.04%
K	A	0.04%
STE	F	0.04%
ES	D	0.04%
WBD	C	0.04%
ZBH	C	0.04%
WAT	B	0.04%
INCY	C	0.03%
BG	F	0.03%
JKHY	D	0.03%
JNPR	F	0.03%
CPT	B	0.03%
CHRW	C	0.03%
CAG	D	0.03%
SWK	D	0.03%
DLTR	F	0.03%
TPR	B	0.03%
UDR	B	0.03%
AKAM	D	0.03%
SWKS	F	0.03%
MRNA	F	0.03%
POOL	C	0.03%
NDSN	B	0.03%
EPAM	C	0.03%
FFIV	B	0.03%
ROL	B	0.03%
RVTY	F	0.03%
APTV	D	0.03%
EVRG	A	0.03%
JBL	B	0.03%
AMCR	D	0.03%
JBHT	C	0.03%
DOC	D	0.03%
VTRS	A	0.03%
L	A	0.03%
EL	F	0.03%
LNT	A	0.03%
DPZ	C	0.03%
CF	B	0.03%
VRSN	F	0.03%
ALGN	D	0.03%
EG	C	0.03%
AVY	D	0.03%
TXT	D	0.03%
MRO	B	0.03%
BAX	D	0.03%
NI	A	0.03%
GEN	B	0.03%
ARE	D	0.03%
DG	F	0.03%
EXPD	D	0.03%
LVS	C	0.03%
GPC	D	0.03%
MAS	D	0.03%
HII	D	0.02%
BWA	D	0.02%
IVZ	B	0.02%
MTCH	D	0.02%
CE	F	0.02%
HAS	D	0.02%
APA	D	0.02%
MOS	F	0.02%
CZR	F	0.02%
HSIC	B	0.02%
RL	B	0.02%
ENPH	F	0.02%
MGM	D	0.02%
WYNN	D	0.02%
CPB	D	0.02%
AOS	F	0.02%
HRL	D	0.02%
TFX	F	0.02%
SMCI	F	0.02%
SOLV	C	0.02%
AES	F	0.02%
MKTX	D	0.02%
CRL	C	0.02%
LKQ	D	0.02%
PNW	B	0.02%
ERIE	D	0.02%
CTLT	B	0.02%
FOXA	B	0.02%
IPG	D	0.02%
PAYC	B	0.02%
TAP	C	0.02%
NWSA	B	0.02%
AIZ	A	0.02%
GNRC	B	0.02%
TECH	D	0.02%
BXP	D	0.02%
LW	C	0.02%
NCLH	B	0.02%
EMN	D	0.02%
SJM	D	0.02%
UHS	D	0.02%
DAY	B	0.02%
KMX	B	0.02%
HST	C	0.02%
ALLE	D	0.02%
NWS	B	0.01%
FOX	A	0.01%
WBA	F	0.01%
QRVO	F	0.01%
BEN	C	0.01%
PARA	C	0.01%
FMC	D	0.01%
DVA	B	0.01%
MHK	D	0.01%

PBP Underweight 180 Positions Relative to PFF

Symbol	Grade	Weight
ARES	A	-1.0%
TBB	C	-0.79%
SOJD	F	-0.55%
TBC	C	-0.51%
SREA	D	-0.46%
RZC	C	-0.46%
APO	B	-0.4%
CMSD	C	-0.38%
JXN	C	-0.37%
CHSCO	C	-0.36%
LNC	B	-0.35%
PRS	B	-0.35%
WCC	B	-0.35%
BTSG	C	-0.35%
CHSCL	C	-0.33%
BANC	A	-0.32%
GTLS	B	-0.32%
QRTEP	F	-0.32%
CTDD	C	-0.31%
DUKB	C	-0.31%
CHSCM	D	-0.31%
AXS	A	-0.31%
UZE	B	-0.29%
USM	B	-0.29%
FITBI	C	-0.29%
BPYPM	C	-0.28%
NLY	C	-0.27%
CHSCN	D	-0.27%
SOJC	D	-0.27%
TPG	A	-0.26%
PFH	F	-0.25%
RZB	C	-0.25%
CG	A	-0.24%
TDS	B	-0.23%
PBI	B	-0.23%
DTW	D	-0.23%
FG	B	-0.23%
CHSCP	F	-0.22%
EAI	C	-0.22%
AGNCN	B	-0.21%
FCNCA	A	-0.2%
RLJ	C	-0.2%
ESGRP	D	-0.2%
UNMA	C	-0.19%
ATHS	C	-0.19%
ACGLO	C	-0.19%
VOYA	B	-0.19%
UMH	C	-0.18%
MGR	D	-0.18%
WTFCP	A	-0.18%
NGL	D	-0.18%
KREF	D	-0.17%
CMSC	C	-0.17%
TCBI	B	-0.16%
WAL	B	-0.16%
TVC	C	-0.15%
ELC	C	-0.15%
BHF	B	-0.15%
NRUC	D	-0.15%
NAVI	C	-0.15%
RNR	C	-0.15%
SR	A	-0.15%
GPJA	F	-0.15%
OZKAP	D	-0.15%
WAFD	B	-0.14%
FBRT	C	-0.14%
AIZN	D	-0.14%
EQH	B	-0.14%
HPP	F	-0.14%
EMP	D	-0.14%
PNFP	B	-0.14%
AGNC	D	-0.14%
DBRG	F	-0.13%
SNV	B	-0.13%
DDT	B	-0.13%
NSA	D	-0.13%
TVE	C	-0.12%
SLMBP	C	-0.12%
VNO	B	-0.12%
SLG	B	-0.12%
CMSA	C	-0.12%
FCNCO	D	-0.12%
SFB	D	-0.12%
SITC	D	-0.11%
LBRDP	C	-0.11%
AUB	B	-0.11%
HWC	B	-0.11%
AFGC	C	-0.11%
NYMTM	B	-0.11%
SIGI	C	-0.1%
WSBC	A	-0.1%
TRTX	B	-0.1%
SPLP	D	-0.1%
FULT	A	-0.1%
AFGE	D	-0.1%
RITM	C	-0.1%
VLY	B	-0.1%
DHC	F	-0.1%
SF	B	-0.1%
CIM	D	-0.09%
AMG	B	-0.09%
KMPR	B	-0.09%
GPMT	C	-0.09%
CADE	B	-0.09%
ZIONO	D	-0.09%
ARR	D	-0.09%
AGNCL	B	-0.09%
AFGD	C	-0.09%
CION	C	-0.09%
AHH	D	-0.09%
BNRE.A	C	-0.09%
BOH	B	-0.08%
CFR	B	-0.08%
QVCD	D	-0.08%
ATLC	B	-0.08%
TWO	D	-0.08%
GAIN	C	-0.08%
AFGB	C	-0.08%
LANDO	B	-0.08%
BC	C	-0.08%
NYMTL	A	-0.08%
ARGD	C	-0.08%
CNO	A	-0.08%
WTFCM	B	-0.08%
MBIN	D	-0.08%
WBS	A	-0.08%
NYMTN	D	-0.08%
ADC	B	-0.08%
RILY	F	-0.07%
ACR	A	-0.07%
ENO	D	-0.07%
AMH	D	-0.07%
BPOPM	C	-0.07%
CLDT	B	-0.07%
IVR	F	-0.07%
FCRX	A	-0.07%
ABR	C	-0.07%
CTO	B	-0.07%
MHNC	D	-0.07%
FTAI	B	-0.07%
ONB	B	-0.07%
PMT	D	-0.07%
VLYPP	A	-0.07%
NEWT	B	-0.07%
MFA	D	-0.07%
HTLF	B	-0.07%
NMFC	D	-0.07%
MSBI	B	-0.07%
DRH	B	-0.07%
EQC	B	-0.07%
TRIN	A	-0.07%
FHN	A	-0.07%
SNCR	F	-0.07%
DX	B	-0.07%
RILYN	C	-0.06%
BFS	C	-0.06%
PEB	D	-0.06%
LXP	D	-0.06%
CNOB	B	-0.06%
PSEC	D	-0.06%
CODI	B	-0.06%
VLYPO	B	-0.06%
EFC	C	-0.06%
EPR	D	-0.06%
GNL	F	-0.06%
BW	D	-0.06%
SAR	A	-0.06%
DCOMP	C	-0.06%
FATBP	D	-0.05%
MHLA	C	-0.05%
CIO	D	-0.05%
INN	D	-0.05%
SHO	C	-0.05%
FOSL	C	-0.05%
ASB	B	-0.05%
RC	D	-0.05%
SLNHP	C	-0.04%
OPI	F	-0.04%
BHR	B	-0.03%
XELAP	F	-0.0%