PPA vs. FCTR ETF Comparison

Comparison of PowerShares Aerospace & Defense (PPA) to First Trust Lunt U.S. Factor Rotation ETF (FCTR)

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

FCTR

First Trust Lunt U.S. Factor Rotation ETF

FCTR 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 Lunt Capital Large Cap Factor Rotation Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the index. The index is designed to provide exposure to U.S. large cap equities grouped into four separate factors, with factors emphasized within the index as they come into favor in the U.S. marketplace. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.24

Average Daily Volume

7,875

Number of Holdings ^*

155

* may have additional holdings in another (foreign) market

Performance

Period	PPA	FCTR
30 Days	5.41%	5.48%
60 Days	12.77%	12.07%
90 Days	13.32%	0.58%
12 Months	49.83%	31.28%

10 Overlapping Holdings

Symbol	Grade	Weight in PPA	Weight in FCTR	Overlap
APH	D	2.01%	0.28%	0.28%
AXON	A	3.66%	0.93%	0.93%
BAH	C	2.31%	0.29%	0.29%
GD	C	4.51%	0.5%	0.5%
HON	C	3.96%	0.71%	0.71%
HWM	A	4.54%	0.47%	0.47%
LMT	A	7.38%	0.59%	0.59%
PH	A	4.55%	0.27%	0.27%
PLTR	A	1.41%	1.67%	1.41%
TDG	A	3.69%	1.15%	1.15%

PPA Overweight 38 Positions Relative to FCTR

Symbol	Grade	Weight
RTX	A	6.82%
GE	B	6.67%
NOC	B	5.31%
BA	F	5.22%
LHX	A	4.23%
ETN	B	3.39%
LDOS	A	2.35%
HEI	C	2.02%
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 145 Positions Relative to FCTR

Symbol	Grade	Weight
NVDA	B	-2.19%
VRT	B	-2.11%
VST	A	-1.75%
PAYX	B	-1.49%
MA	A	-1.42%
BRO	A	-1.41%
ITW	C	-1.4%
FICO	C	-1.36%
CTAS	C	-1.31%
SYY	D	-1.3%
V	B	-1.29%
CL	D	-1.28%
PG	D	-1.19%
MSI	A	-1.19%
LLY	D	-1.16%
AVGO	B	-1.16%
COIN	F	-1.12%
ADP	A	-1.1%
NTNX	C	-1.08%
VRSK	D	-1.01%
ROST	D	-1.01%
ROL	C	-1.0%
BR	B	-0.97%
ALNY	C	-0.97%
APO	A	-0.96%
FDS	C	-0.95%
YUM	C	-0.95%
SYK	C	-0.95%
ANET	A	-0.94%
CEG	A	-0.93%
VRSN	C	-0.9%
RSG	D	-0.89%
ISRG	C	-0.81%
ATO	A	-0.81%
MANH	A	-0.79%
TT	A	-0.77%
AAPL	C	-0.72%
WM	B	-0.72%
TMUS	A	-0.71%
MDLZ	D	-0.7%
META	A	-0.7%
AME	C	-0.68%
CSCO	A	-0.68%
SBAC	C	-0.68%
MCD	A	-0.67%
ACGL	A	-0.67%
CHD	D	-0.66%
CDNS	D	-0.65%
KO	C	-0.64%
MPWR	B	-0.64%
TJX	D	-0.64%
KKR	A	-0.63%
UBER	C	-0.62%
MSFT	D	-0.62%
TTD	A	-0.62%
CMG	C	-0.6%
RBLX	D	-0.59%
MMC	D	-0.59%
DECK	B	-0.58%
SNPS	F	-0.58%
ARES	A	-0.58%
WAB	A	-0.57%
KMI	A	-0.56%
L	C	-0.56%
JNJ	D	-0.55%
DRI	C	-0.55%
PANW	B	-0.55%
HIG	A	-0.55%
NOW	B	-0.53%
DKNG	C	-0.53%
PODD	C	-0.53%
ETR	A	-0.52%
MSCI	B	-0.52%
RCL	B	-0.51%
BK	A	-0.51%
AMT	D	-0.51%
BLDR	C	-0.5%
FAST	C	-0.5%
MCO	D	-0.5%
OTIS	A	-0.5%
WMB	A	-0.49%
URI	C	-0.48%
AMP	A	-0.47%
NET	D	-0.47%
NFLX	A	-0.47%
PSA	C	-0.47%
HLT	A	-0.47%
DDOG	B	-0.47%
O	C	-0.47%
AON	A	-0.46%
ZS	F	-0.46%
TRV	B	-0.46%
MDT	C	-0.46%
RIVN	F	-0.46%
CRWD	D	-0.46%
CSL	A	-0.45%
ELV	F	-0.45%
AVY	D	-0.44%
BSY	D	-0.43%
KLAC	B	-0.43%
ADBE	F	-0.43%
ZTS	C	-0.43%
UNP	F	-0.42%
REGN	D	-0.42%
FTNT	A	-0.42%
ADSK	B	-0.41%
IDXX	D	-0.41%
DPZ	D	-0.41%
TRGP	A	-0.41%
XYL	C	-0.41%
ORLY	A	-0.4%
MDB	D	-0.4%
PFG	A	-0.4%
MRK	F	-0.4%
AIG	C	-0.39%
SNOW	F	-0.39%
HUBS	D	-0.39%
IEX	D	-0.38%
INTU	F	-0.38%
AMAT	C	-0.37%
MCK	F	-0.36%
SNAP	D	-0.36%
LW	D	-0.35%
WDAY	D	-0.34%
PWR	A	-0.32%
HUBB	A	-0.32%
MPC	D	-0.31%
GWW	B	-0.3%
MAS	C	-0.3%
COST	C	-0.29%
IT	A	-0.27%
WRB	C	-0.27%
BKNG	B	-0.27%
BRK.A	B	-0.26%
ENTG	D	-0.26%
CB	A	-0.26%
VICI	C	-0.26%
DXCM	F	-0.23%
PEP	F	-0.23%
CPRT	B	-0.23%
CPAY	A	-0.23%
HSY	D	-0.22%
MNST	D	-0.2%
PCAR	D	-0.18%
LECO	D	-0.17%