PFM vs. HLAL ETF Comparison

Comparison of PowerShares Dividend Achievers (PFM) to Wahed FTSE USA Shariah ETF (HLAL)

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

$47.68

Average Daily Volume

24,412

Number of Holdings ^*

416

* may have additional holdings in another (foreign) market

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	PFM	HLAL
30 Days	2.19%	2.35%
60 Days	2.87%	1.62%
90 Days	5.56%	3.31%
12 Months	26.89%	20.13%

73 Overlapping Holdings

Symbol	Grade	Weight in PFM	Weight in HLAL	Overlap
A	D	0.16%	0.17%	0.16%
AAPL	C	3.9%	14.91%	3.9%
ABT	B	0.88%	0.9%	0.88%
ADI	D	0.45%	0.47%	0.45%
ADM	D	0.11%	0.11%	0.11%
ADP	B	0.53%	0.55%	0.53%
ALB	C	0.05%	0.06%	0.05%
APD	A	0.32%	0.33%	0.32%
ARE	D	0.08%	0.08%	0.08%
ATO	A	0.1%	0.1%	0.1%
BDX	F	0.28%	0.29%	0.28%
CAH	B	0.13%	0.13%	0.13%
CHD	B	0.12%	0.12%	0.12%
CMI	A	0.21%	0.22%	0.21%
COR	B	0.21%	0.18%	0.18%
CSCO	B	1.0%	1.04%	1.0%
CTAS	B	0.38%	0.34%	0.34%
CVX	A	1.27%	1.24%	1.24%
DGX	A	0.08%	0.08%	0.08%
DHR	F	0.72%	0.67%	0.67%
DOV	A	0.12%	0.12%	0.12%
EMR	A	0.32%	0.33%	0.32%
EXPD	D	0.07%	0.08%	0.07%
FAST	B	0.2%	0.21%	0.2%
GLW	B	0.17%	0.16%	0.16%
GPC	D	0.07%	0.08%	0.07%
GWW	B	0.25%	0.22%	0.22%
HPQ	B	0.16%	0.16%	0.16%
HUBB	B	0.1%	0.11%	0.1%
IEX	B	0.07%	0.08%	0.07%
IPG	D	0.04%	0.05%	0.04%
JBHT	C	0.08%	0.07%	0.07%
JNJ	D	1.61%	1.65%	1.61%
KLAC	D	0.36%	0.37%	0.36%
KO	D	1.15%	1.1%	1.1%
LIN	D	0.93%	0.97%	0.93%
LYB	F	0.12%	0.1%	0.1%
MCK	B	0.34%	0.36%	0.34%
MDLZ	F	0.37%	0.39%	0.37%
MDT	D	0.48%	0.49%	0.48%
MKC	D	0.08%	0.09%	0.08%
MMM	D	0.31%	0.32%	0.31%
MRK	F	1.06%	1.11%	1.06%
MSFT	F	3.91%	13.84%	3.91%
NKE	D	0.39%	0.4%	0.39%
NUE	C	0.15%	0.16%	0.15%
PFE	D	0.61%	0.63%	0.61%
PG	A	1.73%	1.81%	1.73%
PKG	A	0.09%	0.1%	0.09%
PLD	D	0.46%	0.48%	0.46%
POOL	C	0.06%	0.06%	0.06%
PPG	F	0.12%	0.13%	0.12%
PSX	C	0.24%	0.25%	0.24%
QCOM	F	0.79%	0.77%	0.77%
REG	B	0.06%	0.06%	0.06%
RMD	C	0.15%	0.16%	0.15%
ROK	B	0.14%	0.14%	0.14%
ROP	B	0.26%	0.26%	0.26%
SNA	A	0.08%	0.08%	0.08%
STE	F	0.09%	0.09%	0.09%
STLD	B	0.09%	0.1%	0.09%
SWK	D	0.06%	0.06%	0.06%
SYK	C	0.64%	0.63%	0.63%
TSCO	D	0.13%	0.13%	0.13%
TT	A	0.4%	0.42%	0.4%
TXN	C	0.82%	0.81%	0.81%
UPS	C	0.43%	0.43%	0.43%
VMC	B	0.16%	0.16%	0.16%
WBA	F	0.03%	0.03%	0.03%
WLK	D	0.07%	0.02%	0.02%
WST	C	0.1%	0.1%	0.1%
XOM	B	2.31%	2.42%	2.31%
XYL	D	0.13%	0.13%	0.13%

PFM Overweight 343 Positions Relative to HLAL

Symbol	Grade	Weight
AVGO	D	3.32%
JPM	A	3.01%
WMT	A	2.92%
UNH	C	2.35%
V	A	2.25%
ORCL	B	2.21%
MA	C	2.06%
COST	B	1.76%
HD	A	1.76%
BAC	A	1.56%
ABBV	D	1.27%
ACN	C	0.95%
MS	A	0.94%
PEP	F	0.94%
MCD	D	0.9%
PM	B	0.88%
IBM	C	0.83%
INTU	C	0.82%
CAT	B	0.81%
GS	A	0.8%
VZ	C	0.77%
CMCSA	B	0.72%
RTX	C	0.69%
NEE	D	0.68%
SPGI	C	0.68%
BLK	C	0.67%
LOW	D	0.66%
AMGN	D	0.65%
HON	B	0.64%
ETN	A	0.62%
UNP	C	0.62%
LMT	D	0.55%
BMY	B	0.5%
CB	C	0.5%
SBUX	A	0.49%
MMC	B	0.48%
SO	D	0.42%
SHW	A	0.41%
MO	A	0.41%
ELV	F	0.4%
AMT	D	0.4%
ICE	C	0.39%
DUK	C	0.38%
WM	A	0.38%
APH	A	0.37%
MCO	B	0.37%
AON	A	0.36%
ZTS	D	0.35%
ITW	B	0.35%
MSI	B	0.35%
CME	A	0.35%
PNC	B	0.35%
GD	F	0.34%
USB	A	0.34%
CL	D	0.33%
NOC	D	0.31%
TGT	F	0.31%
ECL	D	0.3%
CSX	B	0.29%
EPD	A	0.29%
AJG	B	0.28%
RSG	A	0.28%
TFC	A	0.27%
AFL	B	0.27%
TRV	B	0.26%
BK	A	0.25%
MET	A	0.25%
SRE	A	0.25%
AMP	A	0.24%
ALL	A	0.23%
PAYX	C	0.22%
AEP	D	0.22%
MPLX	A	0.21%
O	D	0.21%
KMB	D	0.2%
PRU	A	0.2%
LHX	C	0.2%
NDAQ	A	0.2%
DFS	B	0.19%
PEG	A	0.19%
KR	B	0.18%
XEL	A	0.17%
SYY	B	0.16%
RJF	A	0.15%
HIG	B	0.15%
EXR	D	0.15%
MCHP	D	0.15%
FITB	A	0.14%
EIX	B	0.14%
HUM	C	0.14%
ED	D	0.14%
BRO	B	0.13%
WEC	A	0.13%
BR	A	0.12%
STT	A	0.12%
AEE	A	0.11%
DTE	C	0.11%
HSY	F	0.11%
AWK	D	0.11%
TROW	B	0.11%
ES	D	0.1%
WRB	A	0.1%
CINF	A	0.1%
CDW	F	0.1%
RF	A	0.1%
CSL	C	0.09%
PFG	D	0.09%
CMS	C	0.09%
CLX	B	0.09%
CBOE	B	0.09%
LII	A	0.09%
RPM	A	0.08%
KEY	B	0.08%
BAH	F	0.08%
FDS	B	0.08%
TSN	B	0.08%
WSO	A	0.08%
MAA	B	0.08%
ERIE	D	0.08%
BBY	D	0.08%
ESS	B	0.08%
GGG	B	0.07%
RGA	A	0.07%
DPZ	C	0.07%
LNT	A	0.07%
AVY	D	0.07%
FIX	A	0.07%
HRL	D	0.07%
NI	A	0.07%
FNF	B	0.07%
WSM	B	0.07%
MAS	D	0.07%
RS	B	0.07%
CHRW	C	0.06%
ELS	C	0.06%
UNM	A	0.06%
RNR	C	0.06%
MORN	B	0.06%
NDSN	B	0.06%
UDR	B	0.06%
EVRG	A	0.06%
HEI	B	0.06%
CASY	A	0.06%
SEIC	B	0.05%
WTRG	B	0.05%
CUBE	D	0.05%
ATR	B	0.05%
EVR	B	0.05%
BEN	C	0.05%
RRX	B	0.05%
AIZ	A	0.05%
AFG	A	0.05%
SJM	D	0.05%
LECO	B	0.05%
EMN	D	0.05%
ITT	A	0.05%
SCI	B	0.05%
JKHY	D	0.05%
ENSG	D	0.04%
EGP	F	0.04%
CHE	D	0.04%
TTC	D	0.04%
OGE	B	0.04%
ZION	B	0.04%
AOS	F	0.04%
WTFC	A	0.04%
CFR	B	0.04%
INGR	B	0.04%
DCI	B	0.04%
REXR	F	0.04%
CBSH	A	0.04%
RGLD	C	0.04%
AES	F	0.04%
ORI	A	0.04%
GL	B	0.04%
MKTX	D	0.04%
LAD	A	0.04%
AIT	A	0.04%
CHDN	B	0.04%
PRI	A	0.04%
PNW	B	0.04%
THG	A	0.03%
TRNO	F	0.03%
THO	B	0.03%
FFIN	B	0.03%
UMBF	B	0.03%
SIGI	C	0.03%
LFUS	F	0.03%
IDA	A	0.03%
CBT	C	0.03%
HOMB	A	0.03%
BMI	B	0.03%
STAG	F	0.03%
MSA	D	0.03%
FAF	A	0.03%
CADE	B	0.03%
FR	C	0.03%
AGCO	D	0.03%
R	B	0.03%
OSK	B	0.03%
AXS	A	0.03%
BOKF	B	0.03%
SSD	D	0.03%
ADC	B	0.03%
RHI	B	0.03%
HII	D	0.03%
NNN	D	0.03%
PB	A	0.03%
SSB	B	0.03%
UFPI	B	0.03%
RLI	B	0.03%
WSFS	A	0.02%
CBU	B	0.02%
PRGO	B	0.02%
SR	A	0.02%
PII	D	0.02%
MGEE	C	0.02%
GFF	A	0.02%
AUB	B	0.02%
MDU	D	0.02%
CCOI	B	0.02%
WDFC	B	0.02%
ASH	D	0.02%
BANF	B	0.02%
ASB	B	0.02%
FUL	F	0.02%
CNO	A	0.02%
BKH	A	0.02%
IBOC	A	0.02%
AVNT	B	0.02%
FLO	D	0.02%
POR	C	0.02%
KAI	A	0.02%
NJR	A	0.02%
AVT	C	0.02%
EXPO	D	0.02%
FELE	B	0.02%
LANC	C	0.02%
SON	D	0.02%
CNS	B	0.02%
NXST	C	0.02%
AGO	B	0.02%
UGI	A	0.02%
TKR	D	0.02%
MATX	C	0.02%
AL	B	0.02%
GATX	A	0.02%
DDS	B	0.02%
OZK	B	0.02%
BC	C	0.02%
SWX	B	0.02%
UBSI	B	0.02%
BCPC	B	0.02%
WTS	B	0.02%
NFG	A	0.02%
SLGN	A	0.02%
MSEX	B	0.01%
GABC	B	0.01%
TR	B	0.01%
UVV	B	0.01%
LNN	B	0.01%
WABC	B	0.01%
NWN	A	0.01%
CSGS	B	0.01%
TCBK	B	0.01%
STBA	B	0.01%
SRCE	B	0.01%
ANDE	D	0.01%
TNC	D	0.01%
HMN	B	0.01%
DKL	C	0.01%
SCL	C	0.01%
GTY	B	0.01%
SJW	D	0.01%
APOG	B	0.01%
LKFN	B	0.01%
NHC	C	0.01%
CHCO	B	0.01%
AGM	C	0.01%
WOR	F	0.01%
WSBC	A	0.01%
SYBT	B	0.01%
HI	C	0.01%
NBTB	B	0.01%
LMAT	A	0.01%
MTRN	C	0.01%
SXI	B	0.01%
HNI	B	0.01%
FRME	B	0.01%
TOWN	B	0.01%
HWKN	B	0.01%
NSP	D	0.01%
ABR	C	0.01%
CPK	A	0.01%
CWT	D	0.01%
WAFD	B	0.01%
IOSP	B	0.01%
MAN	D	0.01%
AVA	A	0.01%
INDB	B	0.01%
SFNC	B	0.01%
TRN	C	0.01%
KWR	C	0.01%
AWR	B	0.01%
BRC	D	0.01%
JJSF	B	0.01%
OTTR	C	0.01%
NWE	B	0.01%
POWI	D	0.01%
FIBK	A	0.01%
ABM	B	0.01%
JOUT	D	0.0%
FLIC	B	0.0%
ARTNA	D	0.0%
HVT	D	0.0%
ODC	C	0.0%
BMRC	B	0.0%
CTO	B	0.0%
YORW	D	0.0%
AROW	B	0.0%
UHT	D	0.0%
THFF	B	0.0%
PLOW	D	0.0%
HIFS	B	0.0%
CASS	B	0.0%
SPTN	D	0.0%
WASH	C	0.0%
MATW	C	0.0%
GSBC	B	0.0%
SMBC	B	0.0%
HY	D	0.0%
MBWM	B	0.0%
HBNC	B	0.0%
MNRO	D	0.0%
FCBC	B	0.0%
HFWA	B	0.0%
SCVL	F	0.0%
PFC	A	0.0%
GRC	A	0.0%
SBSI	B	0.0%
CTBI	B	0.0%
TMP	B	0.0%
AMSF	B	0.0%

PFM Underweight 125 Positions Relative to HLAL

Symbol	Grade	Weight
META	D	-5.55%
GOOGL	C	-4.63%
TSLA	B	-4.25%
GOOG	C	-3.91%
CRM	B	-1.36%
AMD	F	-0.99%
ADBE	C	-0.98%
NOW	A	-0.92%
TMO	F	-0.87%
ISRG	A	-0.85%
AMAT	F	-0.63%
UBER	D	-0.62%
TJX	A	-0.61%
BSX	B	-0.6%
COP	C	-0.6%
PANW	C	-0.54%
MU	D	-0.49%
INTC	D	-0.46%
LRCX	F	-0.41%
GEV	B	-0.41%
SNPS	B	-0.37%
WELL	A	-0.37%
CDNS	B	-0.37%
REGN	F	-0.35%
MRVL	B	-0.35%
CEG	D	-0.33%
ADSK	A	-0.3%
FDX	B	-0.29%
SLB	C	-0.28%
CARR	D	-0.28%
JCI	C	-0.25%
MPC	D	-0.25%
NXPI	D	-0.25%
PCAR	B	-0.25%
PWR	A	-0.22%
DHI	D	-0.22%
VRT	B	-0.22%
NEM	D	-0.22%
ROST	C	-0.21%
AXON	A	-0.2%
BKR	B	-0.2%
EA	A	-0.2%
VLO	C	-0.2%
KVUE	A	-0.2%
HES	B	-0.19%
IR	B	-0.19%
EW	C	-0.19%
ODFL	B	-0.19%
LEN	D	-0.18%
CTVA	C	-0.18%
LULU	C	-0.17%
GEHC	F	-0.17%
IT	C	-0.17%
MLM	B	-0.16%
DELL	C	-0.16%
DD	D	-0.15%
OXY	D	-0.15%
KDP	D	-0.15%
WAB	B	-0.15%
FANG	D	-0.15%
IDXX	F	-0.15%
EBAY	D	-0.14%
GRMN	B	-0.14%
TTWO	A	-0.14%
ON	D	-0.13%
ANSS	B	-0.13%
VLTO	D	-0.12%
PHM	D	-0.12%
DOW	F	-0.12%
FTV	C	-0.12%
HAL	C	-0.12%
DVN	F	-0.11%
TYL	B	-0.11%
NTAP	C	-0.11%
PTC	A	-0.1%
ZBH	C	-0.1%
WY	D	-0.1%
BIIB	F	-0.1%
IFF	D	-0.1%
OMC	C	-0.09%
ZBRA	B	-0.09%
FSLR	F	-0.09%
LH	C	-0.09%
WDC	D	-0.09%
ILMN	D	-0.09%
BLDR	D	-0.09%
ALGN	D	-0.08%
BURL	A	-0.08%
PNR	A	-0.08%
TRMB	B	-0.08%
HOLX	D	-0.08%
PODD	C	-0.08%
EL	F	-0.07%
FLEX	A	-0.07%
MRO	B	-0.07%
TER	D	-0.07%
ULTA	F	-0.07%
CF	B	-0.07%
IP	B	-0.07%
ICLR	D	-0.07%
BG	F	-0.06%
DLTR	F	-0.06%
SMCI	F	-0.06%
AKAM	D	-0.06%
RVTY	F	-0.06%
ROL	B	-0.06%
FFIV	B	-0.06%
APTV	D	-0.06%
DAL	C	-0.05%
TECH	D	-0.05%
NWSA	B	-0.05%
JNPR	F	-0.05%
OKTA	C	-0.05%
BMRN	D	-0.05%
TFX	F	-0.04%
SCCO	F	-0.04%
CRL	C	-0.04%
LKQ	D	-0.04%
QRVO	F	-0.03%
UAL	A	-0.03%
NWS	B	-0.02%
GFS	C	-0.02%
LUV	C	-0.02%
AGR	B	-0.01%
LEN	D	-0.0%