PCEF vs. HAPS ETF Comparison

Comparison of PowerShares CEF Income Composite Portfolio (PCEF) to Harbor Corporate Culture Small Cap ETF (HAPS)

PCEF

PowerShares CEF Income Composite Portfolio

PCEF Description

The PowerShares CEF Income Composite Portfolio (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$19.55

Average Daily Volume

107,532

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

HAPS

Harbor Corporate Culture Small Cap ETF

HAPS Description

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.94

Average Daily Volume

143

Number of Holdings ^*

180

* may have additional holdings in another (foreign) market

Performance

Period	PCEF	HAPS
30 Days	1.33%	9.01%
60 Days	1.15%	8.95%
90 Days	4.34%	11.18%
12 Months	22.49%	28.56%

0 Overlapping Holdings

	Symbol	Grade	Weight in PCEF	Weight in HAPS	Overlap

PCEF Overweight 103 Positions Relative to HAPS

Symbol	Grade	Weight
EXG	D	4.37%
BIGZ	A	3.13%
BMEZ	D	2.98%
JPC	B	2.95%
BSTZ	B	2.87%
ETY	B	2.8%
BDJ	B	2.68%
BCAT	A	2.49%
BXMX	A	2.45%
ETV	A	2.44%
NFJ	A	2.33%
QQQX	A	2.18%
BST	B	1.91%
JFR	A	1.76%
ETW	C	1.73%
EVV	C	1.68%
BTZ	B	1.5%
EOS	A	1.44%
CII	A	1.43%
FPF	D	1.33%
HTD	B	1.32%
PDO	D	1.32%
HYT	A	1.27%
BOE	B	1.24%
HFRO	D	1.21%
FFC	D	1.2%
BBN	D	1.17%
DSL	C	1.16%
AWF	D	1.08%
DIAX	A	1.04%
WIW	C	1.0%
BGY	D	0.99%
EOI	B	0.97%
JQC	A	0.92%
ETJ	B	0.91%
LDP	D	0.88%
EMD	D	0.84%
BME	D	0.83%
PDT	C	0.73%
IGD	A	0.71%
PHK	B	0.68%
NPFD	A	0.68%
BGR	A	0.67%
DFP	D	0.66%
ETB	A	0.64%
PCN	A	0.61%
EAD	C	0.59%
BIT	D	0.57%
HIO	B	0.55%
NBB	D	0.55%
PFN	B	0.55%
BUI	C	0.54%
ISD	D	0.53%
BLW	C	0.52%
VVR	D	0.51%
FRA	B	0.5%
BHK	D	0.5%
EDD	D	0.5%
FFA	A	0.49%
PPT	D	0.49%
STK	A	0.48%
HIX	A	0.47%
SPXX	A	0.47%
BGH	B	0.46%
JGH	A	0.45%
DSU	C	0.45%
ERC	D	0.41%
EOD	C	0.4%
MCR	D	0.4%
HPS	D	0.4%
MMT	D	0.39%
EFR	B	0.39%
FTF	B	0.39%
FCT	A	0.39%
MCI	B	0.39%
HPI	D	0.38%
TEI	D	0.37%
EFT	A	0.36%
MIN	C	0.36%
PSF	D	0.35%
GBAB	D	0.34%
PHT	B	0.34%
PCF	A	0.33%
DHY	C	0.32%
HPF	D	0.32%
DHF	A	0.31%
FLC	D	0.29%
PFL	C	0.29%
IDE	C	0.28%
BGT	C	0.27%
DBL	D	0.24%
TSI	D	0.24%
IGA	A	0.24%
HEQ	B	0.24%
BGX	B	0.19%
HYB	A	0.19%
NHS	D	0.18%
EHI	D	0.18%
VBF	D	0.18%
MSD	D	0.17%
EVG	C	0.15%
CIK	B	0.14%
PHD	B	0.14%

PCEF Underweight 180 Positions Relative to HAPS

Symbol	Grade	Weight
PECO	A	-2.03%
AWI	A	-2.03%
MOG.A	B	-1.99%
CBT	D	-1.99%
AVT	C	-1.76%
EAT	A	-1.75%
APLE	B	-1.68%
PTCT	B	-1.58%
NSA	C	-1.57%
ACLX	C	-1.45%
LOPE	B	-1.45%
GVA	B	-1.4%
HLNE	B	-1.39%
NUVL	D	-1.34%
AGIO	B	-1.32%
OGS	B	-1.32%
KYMR	D	-1.28%
RYTM	B	-1.28%
TEX	D	-1.26%
TPG	B	-1.26%
SR	A	-1.21%
HRI	B	-1.19%
TNL	B	-1.16%
CPA	D	-1.13%
RDN	B	-1.12%
SGRY	F	-1.09%
KOS	F	-1.08%
BROS	A	-1.08%
PIPR	B	-1.08%
YETI	C	-1.07%
REZI	B	-1.06%
IVT	B	-1.05%
LBRT	D	-1.03%
NSP	D	-1.0%
MC	B	-0.99%
SXT	B	-0.89%
ALTR	B	-0.88%
LAUR	B	-0.87%
ZETA	D	-0.87%
AIN	C	-0.81%
CAKE	B	-0.77%
POWL	C	-0.77%
ACIW	B	-0.77%
WD	C	-0.76%
PSMT	C	-0.76%
STEP	B	-0.76%
HURN	B	-0.74%
AUR	C	-0.74%
TARS	B	-0.73%
JBGS	D	-0.71%
CCS	D	-0.71%
APPF	B	-0.7%
FHB	B	-0.69%
BOX	A	-0.65%
BHF	B	-0.63%
NTLA	F	-0.63%
UPWK	B	-0.62%
DK	C	-0.6%
WK	B	-0.6%
LGIH	D	-0.59%
UPST	B	-0.59%
TROX	F	-0.58%
COLL	D	-0.58%
WAFD	B	-0.58%
TRIP	F	-0.57%
KURA	F	-0.56%
BFH	B	-0.55%
MD	B	-0.55%
PI	D	-0.55%
AMN	F	-0.55%
INTA	A	-0.53%
AESI	B	-0.51%
TOWN	B	-0.5%
PLMR	B	-0.5%
BANR	B	-0.47%
TDC	D	-0.47%
CENTA	C	-0.46%
FRME	B	-0.46%
BKE	A	-0.45%
FLYW	C	-0.44%
FORM	F	-0.44%
CRAI	B	-0.44%
WGO	C	-0.43%
UAA	C	-0.43%
CSTL	D	-0.43%
NNI	D	-0.42%
CMPR	C	-0.42%
TRMK	B	-0.42%
EFSC	B	-0.42%
PRGS	A	-0.41%
WSBC	C	-0.4%
FROG	C	-0.4%
MCY	A	-0.4%
IDT	A	-0.4%
KFRC	C	-0.39%
ALRM	C	-0.39%
RPD	C	-0.38%
GSAT	C	-0.38%
SCS	B	-0.38%
CASH	B	-0.38%
SONO	C	-0.38%
ALGT	B	-0.37%
PRVA	B	-0.37%
DOLE	D	-0.37%
PSCF	B	-0.36%
VERX	A	-0.36%
SCSC	B	-0.35%
CARG	B	-0.35%
ENV	B	-0.33%
DOCN	D	-0.33%
VIAV	B	-0.31%
VBTX	B	-0.31%
OXM	D	-0.31%
PAR	B	-0.31%
CALX	D	-0.31%
HTH	B	-0.3%
BRZE	C	-0.28%
LOB	B	-0.28%
EXTR	B	-0.27%
CGEM	F	-0.27%
SPTN	D	-0.26%
KOP	C	-0.26%
IRWD	F	-0.25%
INFN	D	-0.24%
BZH	B	-0.24%
PSCI	B	-0.23%
EXPI	C	-0.23%
RYI	C	-0.23%
OCFC	B	-0.22%
USNA	C	-0.22%
OPEN	D	-0.21%
CSGS	B	-0.21%
SPT	C	-0.2%
OBK	B	-0.19%
LMB	B	-0.18%
FWRG	C	-0.18%
ALKT	B	-0.18%
AGS	B	-0.17%
RGNX	F	-0.17%
PSCM	B	-0.17%
SDGR	C	-0.16%
PRA	C	-0.16%
FC	D	-0.16%
ATEN	A	-0.16%
CARS	B	-0.15%
SAGE	F	-0.15%
ASAN	C	-0.15%
ARLO	C	-0.15%
MBIN	D	-0.14%
BY	B	-0.14%
COUR	D	-0.13%
VSAT	F	-0.13%
GDYN	B	-0.13%
VERV	F	-0.13%
AMCX	D	-0.13%
CERT	D	-0.12%
HVT	D	-0.11%
NABL	F	-0.11%
YEXT	B	-0.11%
BASE	C	-0.1%
HSTM	B	-0.1%
RGP	F	-0.09%
ZIP	F	-0.08%
UDMY	F	-0.08%
IRBT	F	-0.07%
ENFN	B	-0.06%
MITK	C	-0.06%
HCAT	C	-0.06%
CHGG	D	-0.06%
NEWT	B	-0.06%
RMAX	C	-0.05%
BIGC	C	-0.05%
ALTG	C	-0.05%
DOMO	C	-0.04%
GPRO	F	-0.04%
SEMR	C	-0.04%
VRA	D	-0.03%
EB	C	-0.03%
HMST	D	-0.03%
SAVE	D	-0.01%

PCEF: Top Represented Industries & Keywords

Industries: Asset Management Other