PKB vs. EHLS ETF Comparison

Comparison of PowerShares Dynamic Build & Construction (PKB) to Even Herd Long Short ETF (EHLS)

PKB

PowerShares Dynamic Build & Construction

PKB Description

The PowerShares Dynamic Building & Construction Portfolio (Fund) is based on the Dynamic Building & Construction IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines, and airports. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$78.82

Average Daily Volume

35,017

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EHLS

Even Herd Long Short ETF

EHLS Description

EHLS seeks long-term capital appreciation through a momentum-focused strategy that takes both long and short positions in US equity securities. In selecting securities, the fund employs a proprietary algorithm that emphasizes a dynamic, trend-focused analysis, instead of a strictly bottom-up valuation analysis, driven by price movements and other data points based on market trends and stock momentum. The sub-adviser may adjust its proprietary system that is continuously optimized and refined. The fund strategy involves taking long positions in equity securities exhibiting strong upward momentum and short positions in those showing downward momentum. The actively managed fund targets a net equity exposure from 40% to 90% net long, subject to adjustments based on market conditions. The fund aims to maintain 100% long and 10-60% short exposure. Short sales may include entering into swap agreements or the use of leverage.

Grade (RS Rating)

Last Trade

$21.05

Average Daily Volume

3,616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PKB	EHLS
30 Days	10.66%	3.44%
60 Days	13.55%	12.80%
90 Days	19.00%	3.45%
12 Months	60.23%

1 Overlapping Holdings

	Symbol	Grade	Weight in PKB	Weight in EHLS	Overlap
	GRBK	C	2.68%	1.98%	1.98%

PKB Overweight 27 Positions Relative to EHLS

Symbol	Grade	Weight
PHM	C	5.07%
TT	A	5.07%
NVR	C	4.99%
CSL	A	4.97%
MLM	F	4.84%
LEN	C	4.78%
DHI	C	4.73%
AGX	A	3.32%
STRL	B	3.1%
USLM	C	3.07%
KNF	B	2.94%
TPC	A	2.84%
EXP	C	2.84%
MTZ	A	2.83%
LPX	C	2.8%
MDU	C	2.78%
TOL	C	2.75%
APOG	B	2.68%
PRIM	A	2.67%
MHO	C	2.66%
SKY	C	2.64%
MHK	C	2.62%
SWX	C	2.61%
MTH	C	2.6%
KBH	D	2.6%
TILE	C	2.54%
TPH	C	2.54%

PKB Underweight 8 Positions Relative to EHLS

Symbol	Grade	Weight
NXRT	D	-1.96%
GDS	B	-1.79%
FICO	C	-1.78%
HWM	A	-1.69%
THC	D	-1.66%
AX	D	-1.64%
AVPT	A	-1.62%
AMAL	B	-1.6%