PPA vs. DFNV ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV)

PPA

PowerShares Aerospace & Defense

PPA Description

The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADEâ¢ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$116.38

Average Daily Volume

220,831

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFNV

TrimTabs Donoghue Forlines Risk Managed Innovation ETF

DFNV Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. To pursue its investment objective, the fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in component securities of the index. The index is designed to track the performance of a strategy that seeks to provide risk-managed exposure to U.S. publicly traded companies with strong free cash flow and strong research and development (R&D) investment

Grade (RS Rating)

Last Trade

$33.74

Average Daily Volume

20,154

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PPA	DFNV
30 Days	5.41%	6.04%
60 Days	12.77%	14.84%
90 Days	13.32%	4.85%
12 Months	49.83%	36.12%

1 Overlapping Holdings

	Symbol	Grade	Weight in PPA	Weight in DFNV	Overlap
	PLTR	A	1.41%	1.56%	1.41%

PPA Overweight 47 Positions Relative to DFNV

Symbol	Grade	Weight
LMT	A	7.38%
RTX	A	6.82%
GE	B	6.67%
NOC	B	5.31%
BA	F	5.22%
PH	A	4.55%
HWM	A	4.54%
GD	C	4.51%
LHX	A	4.23%
HON	C	3.96%
TDG	A	3.69%
AXON	A	3.66%
ETN	B	3.39%
LDOS	A	2.35%
BAH	C	2.31%
HEI	C	2.02%
APH	D	2.01%
TXT	F	2.0%
HII	F	1.66%
CACI	A	1.49%
CW	A	1.44%
BWXT	A	1.34%
KBR	A	1.13%
WWD	C	1.05%
TDY	A	1.02%
SAIC	A	0.97%
ATI	C	0.96%
J	F	0.95%
AVAV	B	0.93%
HXL	F	0.78%
KEYS	B	0.77%
PSN	A	0.73%
MOG.A	C	0.71%
SPR	D	0.65%
KTOS	B	0.59%
AIR	C	0.38%
MRCY	B	0.37%
OSK	F	0.28%
OSIS	C	0.27%
CDRE	A	0.26%
VSAT	F	0.21%
IRDM	C	0.2%
TGI	F	0.16%
TTMI	D	0.15%
DCO	B	0.15%
B	A	0.14%
AI	D	0.1%

PPA Underweight 97 Positions Relative to DFNV

Symbol	Grade	Weight
AAPL	C	-8.56%
AVGO	B	-4.58%
ABBV	C	-3.17%
JNJ	D	-2.8%
CRM	B	-2.57%
NOW	B	-2.54%
ADBE	F	-2.49%
QCOM	D	-2.45%
IBM	A	-2.35%
INTU	F	-2.27%
UBER	C	-2.17%
GILD	A	-1.86%
BMY	A	-1.86%
AMGN	D	-1.83%
PANW	B	-1.8%
ANET	A	-1.71%
SPOT	C	-1.62%
CRWD	D	-1.54%
MSI	A	-1.51%
MMM	C	-1.41%
DASH	A	-1.37%
FTNT	A	-1.35%
APP	A	-1.35%
PYPL	A	-1.33%
TTD	A	-1.18%
ADSK	B	-1.16%
WDAY	D	-1.13%
DDOG	B	-1.12%
SNOW	F	-1.1%
VRT	B	-1.08%
EA	D	-1.03%
VEEV	C	-0.99%
RBLX	D	-0.98%
MCHP	F	-0.98%
TEAM	D	-0.96%
NTAP	D	-0.9%
ZS	F	-0.87%
RMD	C	-0.86%
PINS	D	-0.82%
MANH	A	-0.8%
PTC	B	-0.75%
PSTG	F	-0.75%
NTNX	C	-0.73%
EXPE	B	-0.73%
DUOL	B	-0.71%
ZM	B	-0.7%
DT	B	-0.7%
UI	B	-0.68%
DOCU	A	-0.65%
SWKS	F	-0.63%
VRSN	C	-0.62%
ENPH	F	-0.61%
FFIV	B	-0.58%
JKHY	A	-0.54%
HAS	A	-0.54%
SMAR	A	-0.54%
SOLV	C	-0.53%
MTCH	B	-0.53%
NBIX	F	-0.53%
QRVO	F	-0.5%
PCTY	C	-0.49%
PEGA	B	-0.48%
ETSY	F	-0.47%
DBX	C	-0.46%
NYT	C	-0.45%
CVLT	B	-0.45%
PI	A	-0.45%
ZETA	B	-0.44%
GNRC	B	-0.42%
PATH	D	-0.41%
JAZZ	F	-0.41%
CRUS	D	-0.41%
LYFT	D	-0.4%
ALTR	B	-0.4%
HALO	D	-0.4%
MAT	B	-0.39%
TENB	D	-0.37%
BOX	C	-0.37%
QLYS	F	-0.35%
CWAN	B	-0.31%
ALKS	B	-0.3%
IGT	F	-0.28%
BL	D	-0.24%
PLTK	C	-0.23%
FLNC	C	-0.22%
TDC	D	-0.22%
YOU	C	-0.22%
ALRM	F	-0.21%
PRGS	A	-0.21%
AMZN	C	-0.2%
PTGX	C	-0.2%
ACAD	F	-0.19%
RNG	F	-0.19%
YELP	D	-0.18%
VERX	B	-0.18%
RPD	D	-0.17%
CMPR	F	-0.16%