PEY vs. KBWD ETF Comparison

Comparison of PowerShares High Yield Dividend Achievers (PEY) to PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD)

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

$22.77

Average Daily Volume

193,365

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBWD

PowerShares KBW High Dividend Yield Financial Portfolio ETF

KBWD Description

The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 publicly listed financial companies that are principally engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$15.37

Average Daily Volume

182,867

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PEY	KBWD
30 Days	4.91%	4.23%
60 Days	5.63%	2.55%
90 Days	6.58%	3.41%
12 Months	23.76%	18.58%

3 Overlapping Holdings

Symbol	Grade	Weight in PEY	Weight in KBWD	Overlap
FIBK	A	2.89%	1.74%	1.74%
KEY	B	2.39%	1.44%	1.44%
PRU	A	1.99%	1.19%	1.19%

PEY Overweight 46 Positions Relative to KBWD

Symbol	Grade	Weight
WBA	F	3.67%
MO	A	3.37%
BEN	C	2.89%
VZ	C	2.84%
CCOI	B	2.8%
UVV	B	2.66%
UGI	A	2.61%
BMY	B	2.38%
UPS	C	2.35%
TROW	B	2.29%
NWN	A	2.21%
TFC	A	2.18%
PFE	D	2.18%
WSBC	A	2.16%
AVA	A	2.15%
NWE	B	2.14%
EVRG	A	2.07%
CVX	A	2.07%
SR	A	2.06%
BKH	A	2.05%
RF	A	2.04%
OGE	B	2.03%
PM	B	1.99%
LYB	F	1.95%
USB	A	1.95%
PNW	B	1.86%
UBSI	B	1.8%
INDB	B	1.77%
POR	C	1.72%
PNC	B	1.67%
WEC	A	1.67%
FLO	D	1.67%
TRN	C	1.67%
ES	D	1.67%
PRGO	B	1.54%
MAN	D	1.51%
IBM	C	1.5%
IPG	D	1.46%
BBY	D	1.45%
SON	D	1.42%
EMN	D	1.41%
HPQ	B	1.38%
KMB	D	1.38%
MMM	D	1.24%
SWK	D	1.19%
NXST	C	1.12%

PEY Underweight 27 Positions Relative to KBWD

Symbol	Grade	Weight
TRIN	A	-3.92%
FSK	A	-3.86%
TCPC	C	-3.8%
ACRE	C	-3.75%
AGNC	D	-3.51%
RC	D	-3.3%
DX	B	-3.25%
PNNT	B	-3.22%
FDUS	A	-3.19%
GSBD	F	-3.08%
PSEC	D	-3.08%
ARI	C	-3.04%
EFC	C	-2.94%
EGBN	B	-2.91%
TRTX	B	-2.78%
BBDC	A	-2.72%
OMF	A	-2.5%
CSWC	D	-2.23%
TPVG	C	-2.23%
WASH	C	-2.18%
KREF	D	-2.15%
APAM	B	-2.1%
WU	D	-1.79%
LNC	B	-1.63%
NWBI	B	-1.63%
JHG	A	-1.35%
JXN	C	-0.93%