PFM vs. FVD ETF Comparison

Comparison of PowerShares Dividend Achievers (PFM) to First Trust VL Dividend (FVD)

PFM

PowerShares Dividend Achievers

PFM Description

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. 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 Broad Dividend Achievers Index to NASDAQ US Broad Dividend 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

$46.40

Average Daily Volume

27,422

Number of Holdings ^*

418

* may have additional holdings in another (foreign) market

FVD

First Trust VL Dividend

FVD Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Value Line(R) Dividend Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified equal-dollar weighted index comprised of U.S. exchange-listed securities of companies that pay above-average dividends and have potential for capital appreciation.

Grade (RS Rating)

Last Trade

$45.25

Average Daily Volume

740,835

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	PFM	FVD
30 Days	3.29%	3.55%
60 Days	5.70%	7.13%
90 Days	8.12%	10.53%
12 Months	25.25%	19.02%

138 Overlapping Holdings

Symbol	Grade	Weight in PFM	Weight in FVD	Overlap
ABBV	C	1.52%	0.47%	0.47%
ABT	C	0.9%	0.5%	0.5%
ACN	C	0.97%	0.5%	0.5%
ADI	C	0.49%	0.47%	0.47%
ADP	B	0.5%	0.49%	0.49%
AEE	C	0.1%	0.49%	0.1%
AEP	C	0.24%	0.5%	0.24%
AFL	C	0.27%	0.48%	0.27%
AIZ	B	0.04%	0.48%	0.04%
ALL	B	0.22%	0.49%	0.22%
AMGN	B	0.78%	0.49%	0.49%
AOS	D	0.04%	0.46%	0.04%
APD	B	0.27%	0.48%	0.27%
ATO	B	0.09%	0.5%	0.09%
AVY	C	0.08%	0.48%	0.08%
AWR	B	0.01%	0.49%	0.01%
BAH	C	0.09%	0.48%	0.09%
BDX	D	0.3%	0.48%	0.3%
BK	B	0.23%	0.5%	0.23%
BLK	B	0.58%	0.48%	0.48%
BMY	C	0.43%	0.48%	0.43%
BR	D	0.11%	0.48%	0.11%
BRC	C	0.01%	0.48%	0.01%
CAT	B	0.73%	0.47%	0.47%
CB	B	0.52%	0.5%	0.5%
CBSH	C	0.03%	0.47%	0.03%
CHRW	B	0.05%	0.47%	0.05%
CL	D	0.39%	0.49%	0.39%
CLX	C	0.09%	0.51%	0.09%
CMCSA	D	0.68%	0.47%	0.47%
CME	C	0.35%	0.5%	0.35%
CMI	C	0.18%	0.46%	0.18%
CMS	C	0.09%	0.49%	0.09%
CPK	B	0.01%	0.49%	0.01%
CSCO	C	0.88%	0.47%	0.47%
CSX	D	0.29%	0.48%	0.29%
CVX	D	1.14%	0.45%	0.45%
CWT	C	0.01%	0.48%	0.01%
DCI	C	0.04%	0.45%	0.04%
DGX	B	0.08%	0.48%	0.08%
DTE	C	0.11%	0.48%	0.11%
DUK	C	0.4%	0.49%	0.4%
ED	C	0.16%	0.49%	0.16%
EMR	D	0.26%	0.47%	0.26%
ES	C	0.11%	0.49%	0.11%
EVRG	B	0.06%	0.49%	0.06%
FAST	C	0.18%	0.5%	0.18%
FLO	C	0.02%	0.48%	0.02%
GATX	D	0.02%	0.47%	0.02%
GD	B	0.37%	0.5%	0.37%
GS	C	0.68%	0.45%	0.45%
HD	B	1.64%	0.48%	0.48%
HII	D	0.04%	0.45%	0.04%
HON	D	0.59%	0.48%	0.48%
HRL	C	0.08%	0.47%	0.08%
HSY	C	0.13%	0.49%	0.13%
HUBB	B	0.09%	0.5%	0.09%
IBM	B	0.86%	0.52%	0.52%
IDA	C	0.02%	0.49%	0.02%
IEX	D	0.07%	0.47%	0.07%
INGR	B	0.04%	0.49%	0.04%
IOSP	D	0.01%	0.45%	0.01%
ITW	C	0.33%	0.48%	0.33%
JJSF	C	0.01%	0.47%	0.01%
JKHY	B	0.06%	0.5%	0.06%
JNJ	C	1.75%	0.48%	0.48%
JPM	D	2.62%	0.45%	0.45%
K	B	0.12%	0.48%	0.12%
KMB	D	0.21%	0.48%	0.21%
KO	C	1.36%	0.48%	0.48%
KR	C	0.18%	0.5%	0.18%
LANC	D	0.02%	0.5%	0.02%
LECO	F	0.04%	0.43%	0.04%
LHX	C	0.19%	0.48%	0.19%
LMT	C	0.6%	0.49%	0.49%
LNT	B	0.07%	0.49%	0.07%
LOW	B	0.64%	0.48%	0.48%
MCD	B	0.93%	0.49%	0.49%
MDLZ	B	0.44%	0.5%	0.44%
MDT	C	0.53%	0.49%	0.49%
MKC	C	0.09%	0.51%	0.09%
MMC	C	0.5%	0.49%	0.49%
MMM	B	0.32%	0.48%	0.32%
MO	C	0.4%	0.48%	0.4%
MRK	D	1.29%	0.48%	0.48%
MS	D	0.69%	0.46%	0.46%
MSEX	C	0.0%	0.49%	0.0%
NDAQ	A	0.19%	0.5%	0.19%
NFG	B	0.02%	0.48%	0.02%
NI	B	0.07%	0.49%	0.07%
NJR	B	0.02%	0.48%	0.02%
NKE	D	0.42%	0.45%	0.42%
NOC	B	0.34%	0.49%	0.34%
NWN	C	0.01%	0.47%	0.01%
OTTR	F	0.01%	0.4%	0.01%
PAYX	C	0.21%	0.5%	0.21%
PEG	B	0.18%	0.5%	0.18%
PEP	C	1.08%	0.49%	0.49%
PFE	C	0.73%	0.49%	0.49%
PG	C	1.81%	0.49%	0.49%
PKG	B	0.08%	0.49%	0.08%
PM	C	0.86%	0.5%	0.5%
POOL	C	0.06%	0.47%	0.06%
POR	C	0.02%	0.48%	0.02%
PPG	D	0.13%	0.48%	0.13%
RHI	D	0.03%	0.46%	0.03%
RTX	C	0.71%	0.49%	0.49%
SBUX	C	0.5%	0.5%	0.5%
SCL	D	0.01%	0.45%	0.01%
SEIC	C	0.04%	0.48%	0.04%
SIGI	D	0.02%	0.49%	0.02%
SJM	C	0.06%	0.47%	0.06%
SLGN	B	0.02%	0.47%	0.02%
SNA	C	0.06%	0.47%	0.06%
SO	B	0.43%	0.49%	0.43%
SON	C	0.02%	0.49%	0.02%
SR	B	0.02%	0.48%	0.02%
SRE	C	0.23%	0.48%	0.23%
SWX	C	0.02%	0.46%	0.02%
TEL	D	0.19%	0.46%	0.19%
THG	B	0.02%	0.51%	0.02%
TR	C	0.01%	0.53%	0.01%
TROW	D	0.1%	0.46%	0.1%
TRV	C	0.24%	0.51%	0.24%
TSCO	C	0.13%	0.49%	0.13%
TXN	C	0.79%	0.45%	0.45%
UNH	C	2.39%	0.48%	0.48%
UNP	C	0.67%	0.48%	0.48%
UPS	D	0.41%	0.48%	0.41%
UVV	D	0.01%	0.45%	0.01%
VZ	B	0.82%	0.51%	0.51%
WDFC	C	0.02%	0.48%	0.02%
WEC	C	0.13%	0.49%	0.13%
WM	D	0.37%	0.48%	0.37%
WSO	C	0.07%	0.47%	0.07%
WTRG	D	0.05%	0.47%	0.05%
XEL	B	0.16%	0.5%	0.16%
XOM	C	2.21%	0.45%	0.45%

PFM Overweight 280 Positions Relative to FVD

Symbol	Grade	Weight
AAPL	C	4.29%
MSFT	C	3.81%
AVGO	C	3.37%
WMT	C	2.84%
MA	B	2.01%
V	C	1.99%
ORCL	C	1.96%
COST	B	1.79%
BAC	D	1.34%
LIN	B	0.99%
DHR	B	0.89%
QCOM	D	0.81%
INTU	C	0.8%
NEE	C	0.76%
SPGI	B	0.72%
SYK	C	0.62%
ELV	C	0.56%
ETN	C	0.54%
PLD	C	0.53%
AMT	C	0.49%
KLAC	D	0.44%
SHW	B	0.42%
ICE	C	0.41%
MCO	B	0.39%
ZTS	C	0.38%
CTAS	B	0.37%
TT	B	0.36%
APH	D	0.34%
AON	B	0.33%
ECL	B	0.32%
MSI	B	0.32%
PNC	B	0.31%
USB	B	0.3%
TGT	C	0.3%
AJG	D	0.29%
MCK	F	0.29%
EPD	B	0.28%
RSG	D	0.28%
ROP	C	0.26%
TFC	C	0.25%
MET	B	0.24%
O	C	0.24%
PSX	F	0.23%
GWW	B	0.22%
AMP	A	0.19%
MPLX	B	0.19%
A	C	0.18%
MCHP	F	0.18%
PRU	C	0.18%
EXR	B	0.17%
SYY	D	0.17%
HUM	F	0.17%
GLW	C	0.16%
RMD	C	0.16%
NUE	F	0.15%
HIG	B	0.15%
LYB	D	0.14%
VMC	D	0.14%
XYL	C	0.14%
HPQ	D	0.14%
DFS	B	0.14%
EIX	C	0.14%
FITB	B	0.13%
AWK	B	0.13%
BRO	C	0.13%
ROK	D	0.13%
ADM	D	0.13%
CDW	D	0.13%
CAH	C	0.12%
RJF	C	0.11%
STE	C	0.11%
STT	A	0.11%
CHD	D	0.11%
DOV	B	0.11%
WST	D	0.1%
CBOE	C	0.1%
WRB	C	0.1%
ERIE	B	0.1%
ESS	B	0.09%
RF	B	0.09%
LII	B	0.09%
BBY	C	0.09%
CINF	B	0.09%
ARE	C	0.09%
EXPD	C	0.08%
MAS	B	0.08%
JBHT	D	0.08%
STLD	F	0.08%
WSM	D	0.08%
WLK	D	0.08%
TSN	C	0.08%
PFG	B	0.08%
GPC	D	0.08%
MAA	B	0.08%
CSL	B	0.08%
KEY	B	0.07%
SWK	B	0.07%
RPM	B	0.07%
UDR	C	0.07%
RS	D	0.07%
FNF	B	0.07%
FDS	C	0.07%
AES	C	0.06%
CE	F	0.06%
MORN	C	0.06%
RNR	C	0.06%
REG	C	0.06%
GGG	C	0.06%
RGA	C	0.06%
ELS	C	0.06%
HEI	B	0.06%
CASY	D	0.06%
NDSN	C	0.06%
DPZ	F	0.06%
BEN	F	0.05%
CHDN	C	0.05%
ALB	D	0.05%
UNM	B	0.05%
REXR	C	0.05%
ITT	B	0.05%
AFG	B	0.05%
IPG	C	0.05%
SCI	B	0.05%
EMN	B	0.05%
FIX	B	0.05%
CUBE	B	0.05%
OGE	C	0.04%
ENSG	B	0.04%
TTC	D	0.04%
CHE	C	0.04%
PRI	B	0.04%
NNN	C	0.04%
EGP	B	0.04%
EVR	A	0.04%
RGLD	C	0.04%
ORI	B	0.04%
GL	C	0.04%
MKTX	C	0.04%
RRX	C	0.04%
ATR	B	0.04%
PNW	C	0.04%
CBT	B	0.03%
BMI	A	0.03%
R	A	0.03%
LFUS	C	0.03%
WTFC	B	0.03%
OSK	F	0.03%
AXS	B	0.03%
BOKF	B	0.03%
AGCO	D	0.03%
TRNO	C	0.03%
ZION	D	0.03%
FAF	B	0.03%
MSA	D	0.03%
CFR	C	0.03%
RLI	B	0.03%
SSB	B	0.03%
STAG	C	0.03%
PB	B	0.03%
UFPI	C	0.03%
FR	B	0.03%
LAD	D	0.03%
SSD	D	0.03%
WBA	F	0.03%
ADC	C	0.03%
AIT	A	0.03%
CCOI	C	0.02%
CNO	B	0.02%
PRGO	D	0.02%
KAI	C	0.02%
IBOC	D	0.02%
BKH	B	0.02%
DDS	F	0.02%
AVNT	B	0.02%
ASH	D	0.02%
AGO	C	0.02%
FUL	C	0.02%
PII	D	0.02%
FELE	C	0.02%
CNS	B	0.02%
MATX	B	0.02%
AVT	C	0.02%
OZK	D	0.02%
AL	D	0.02%
UBSI	B	0.02%
UGI	C	0.02%
UMBF	B	0.02%
FFIN	B	0.02%
BC	C	0.02%
WTS	C	0.02%
MDU	C	0.02%
THO	D	0.02%
EXPO	A	0.02%
HOMB	B	0.02%
BCPC	C	0.02%
NXST	D	0.02%
TKR	D	0.02%
CADE	C	0.02%
WABC	D	0.01%
LNN	D	0.01%
CSGS	C	0.01%
HMN	D	0.01%
TCBK	D	0.01%
APOG	B	0.01%
SRCE	C	0.01%
ANDE	D	0.01%
STBA	B	0.01%
LKFN	C	0.01%
SYBT	A	0.01%
GTY	B	0.01%
TNC	F	0.01%
CHCO	B	0.01%
AGM	D	0.01%
WSBC	D	0.01%
DKL	C	0.01%
SJW	C	0.01%
HI	F	0.01%
NHC	D	0.01%
LMAT	C	0.01%
SXI	C	0.01%
NBTB	D	0.01%
FRME	D	0.01%
MTRN	F	0.01%
WOR	D	0.01%
HNI	C	0.01%
TOWN	B	0.01%
HWKN	C	0.01%
INDB	C	0.01%
TRN	D	0.01%
SFNC	B	0.01%
ABR	B	0.01%
WAFD	C	0.01%
AVA	C	0.01%
KWR	D	0.01%
CBU	C	0.01%
FIBK	B	0.01%
WSFS	D	0.01%
ASB	D	0.01%
ABM	D	0.01%
MGEE	B	0.01%
NSP	F	0.01%
GFF	D	0.01%
POWI	F	0.01%
AUB	D	0.01%
MAN	C	0.01%
BANF	B	0.01%
NWE	B	0.01%
FLIC	B	0.0%
BMRC	C	0.0%
JOUT	D	0.0%
ODC	C	0.0%
ARTNA	D	0.0%
HVT	D	0.0%
CTO	C	0.0%
AROW	D	0.0%
THFF	B	0.0%
HIFS	B	0.0%
WASH	A	0.0%
YORW	D	0.0%
CASS	C	0.0%
SMBC	C	0.0%
PLOW	C	0.0%
UHT	B	0.0%
GSBC	D	0.0%
HBNC	B	0.0%
MBWM	D	0.0%
MATW	F	0.0%
MNRO	D	0.0%
SPTN	C	0.0%
HFWA	C	0.0%
FCBC	A	0.0%
TMP	C	0.0%
HY	F	0.0%
PFC	C	0.0%
CTBI	B	0.0%
AMSF	C	0.0%
GRC	D	0.0%
SBSI	B	0.0%
SCVL	B	0.0%
GABC	C	0.0%

PFM Underweight 56 Positions Relative to FVD

Symbol	Grade	Weight
T	C	-0.53%
GILD	B	-0.52%
EXC	C	-0.51%
NSC	C	-0.51%
PSA	B	-0.51%
BTI	C	-0.51%
EQIX	C	-0.51%
GIS	B	-0.5%
OGS	B	-0.5%
ETR	B	-0.5%
INFY	C	-0.5%
REYN	C	-0.5%
BAX	C	-0.5%
TD	B	-0.5%
ALE	B	-0.49%
SNY	B	-0.49%
TMUS	C	-0.49%
DE	B	-0.49%
CNI	D	-0.49%
GSK	C	-0.49%
TSM	C	-0.49%
WTW	C	-0.49%
GRMN	D	-0.49%
UL	C	-0.49%
CAG	C	-0.49%
KDP	B	-0.49%
CPB	C	-0.48%
PINC	C	-0.48%
YUM	D	-0.48%
OTIS	C	-0.48%
DTM	B	-0.48%
PCAR	D	-0.48%
AGR	B	-0.48%
JNPR	B	-0.48%
NEU	D	-0.48%
CTSH	C	-0.48%
JCI	B	-0.48%
DOX	C	-0.48%
PPL	C	-0.48%
NVS	C	-0.47%
CALM	A	-0.47%
CNA	C	-0.47%
WERN	D	-0.47%
TM	F	-0.47%
HLI	B	-0.47%
KHC	C	-0.47%
DLB	D	-0.47%
SXT	C	-0.47%
HMC	D	-0.47%
DEO	C	-0.47%
TJX	B	-0.47%
G	C	-0.47%
MMS	C	-0.46%
MSM	D	-0.46%
SNX	D	-0.44%
GNTX	F	-0.44%