PRN vs. EHLS ETF Comparison

Comparison of PowerShares Dynamic Industrials (PRN) to Even Herd Long Short ETF (EHLS)

PRN

PowerShares Dynamic Industrials

PRN Description

The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector 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 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$177.44

Average Daily Volume

19,362

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

$23.30

Average Daily Volume

2,650

Number of Holdings ^*

271

* may have additional holdings in another (foreign) market

Performance

Period	PRN	EHLS
30 Days	11.72%	10.27%
60 Days	16.72%	10.82%
90 Days	23.34%	13.69%
12 Months	64.96%

10 Overlapping Holdings

Symbol	Grade	Weight in PRN	Weight in EHLS	Overlap
AIT	A	1.78%	0.55%	0.55%
CLH	B	1.5%	0.48%	0.48%
CSWI	A	2.25%	2.03%	2.03%
CTAS	B	3.17%	1.48%	1.48%
FI	A	2.85%	0.48%	0.48%
GVA	A	1.94%	1.41%	1.41%
HWM	A	3.08%	1.8%	1.8%
IRM	D	2.41%	1.68%	1.68%
LMB	A	1.81%	1.7%	1.7%
PKG	A	2.88%	0.49%	0.49%

PRN Overweight 30 Positions Relative to EHLS

Symbol	Grade	Weight
SMR	B	5.12%
FIX	A	4.0%
PWR	A	3.83%
WSO	A	3.68%
GWW	B	3.68%
HEI	B	3.58%
PH	A	3.52%
AXON	A	3.45%
TT	A	3.33%
URI	B	3.08%
STRL	B	2.85%
CSL	C	2.43%
TDG	D	2.31%
DY	D	2.16%
RSG	A	2.04%
EXP	A	2.01%
GE	D	2.0%
CARR	D	1.98%
MLI	C	1.96%
BAH	F	1.83%
ROAD	A	1.71%
KAI	A	1.63%
TTEK	F	1.49%
ITT	A	1.45%
TPC	C	1.45%
VSEC	C	1.44%
UFPI	B	1.4%
CECO	A	1.33%
RUSHA	C	1.32%
FWRD	D	1.31%

PRN Underweight 261 Positions Relative to EHLS

Symbol	Grade	Weight
SPOT	B	-2.25%
BMA	B	-2.14%
QTWO	A	-1.82%
NVDA	C	-1.72%
GDS	C	-1.71%
PIPR	B	-1.67%
META	D	-1.64%
SLG	B	-1.62%
MSI	B	-1.57%
USLM	A	-1.53%
HWKN	B	-1.46%
IGIC	B	-1.33%
VST	B	-1.31%
SE	B	-1.3%
FICO	B	-1.3%
CVNA	B	-1.29%
CRS	A	-1.27%
CW	B	-1.26%
ADMA	B	-1.26%
WELL	A	-1.25%
PLTR	B	-1.25%
BK	A	-1.24%
TPB	B	-1.24%
CEG	D	-1.21%
SFM	A	-1.2%
CLBT	B	-1.2%
NRG	B	-1.2%
SKT	B	-1.14%
REAX	D	-1.1%
PAM	A	-1.09%
RDNT	B	-1.08%
SLVM	B	-1.06%
ARES	A	-1.05%
DASH	A	-1.05%
FTDR	A	-1.04%
TRGP	B	-1.03%
TPL	A	-1.02%
HOOD	B	-1.01%
BRO	B	-1.0%
AXP	A	-1.0%
THC	D	-0.98%
CBRE	B	-0.98%
RSI	B	-0.98%
TMUS	B	-0.96%
NPAB	B	-0.92%
EDN	B	-0.92%
WAB	B	-0.89%
ANET	C	-0.88%
JXN	C	-0.87%
GLNG	C	-0.86%
PNTG	D	-0.84%
MOD	A	-0.82%
IESC	B	-0.79%
COOP	B	-0.78%
SKYW	B	-0.76%
CNX	A	-0.76%
ISRG	A	-0.76%
KKR	A	-0.76%
EME	C	-0.75%
BSX	B	-0.71%
PSN	D	-0.7%
CDNA	D	-0.62%
HLNE	B	-0.62%
CCB	A	-0.56%
AMAL	B	-0.56%
ALSN	B	-0.55%
NBN	B	-0.54%
BBSI	B	-0.54%
FTI	A	-0.53%
CNK	B	-0.51%
TWLO	A	-0.49%
VERX	B	-0.49%
PGR	A	-0.48%
TYL	B	-0.48%
QFIN	B	-0.47%
HUBB	B	-0.46%
MMYT	B	-0.46%
GRBK	D	-0.46%
POWL	C	-0.45%
UFPT	B	-0.44%
RNA	D	-0.44%
ALHC	C	-0.42%
CACI	D	-0.42%
RKLB	B	-0.39%
WULF	C	-0.34%
YPF	B	-0.32%
TCBX	A	-0.3%
CEIX	A	-0.3%
FRHC	B	-0.28%
KTB	B	-0.27%
MUSA	A	-0.27%
PPTA	C	-0.27%
CASH	A	-0.27%
EXLS	B	-0.26%
LYV	A	-0.26%
SOFI	A	-0.25%
MLR	B	-0.25%
PEGA	A	-0.25%
SNEX	B	-0.25%
MATX	C	-0.24%
ONON	A	-0.24%
BBW	B	-0.24%
GATO	D	-0.23%
TRUP	B	-0.23%
EXEL	B	-0.23%
AORT	B	-0.22%
CSTM	F	--0.07%
NEP	F	--0.09%
SPT	C	--0.14%
CVI	F	--0.15%
AMN	F	--0.16%
VSAT	F	--0.16%
AES	F	--0.17%
PGNY	F	--0.17%
STNG	F	--0.17%
APTV	D	--0.18%
ENPH	F	--0.18%
WU	D	--0.18%
FLNG	B	--0.19%
W	F	--0.2%
BEN	C	--0.2%
COLD	D	--0.2%
VAL	D	--0.2%
AMRC	F	--0.2%
WRLD	C	--0.2%
ASH	D	--0.21%
ELF	C	--0.21%
DG	F	--0.21%
ADNT	F	--0.21%
WSC	D	--0.21%
ASML	F	--0.22%
IGT	F	--0.22%
ENOV	C	--0.22%
PARR	D	--0.22%
FIVE	F	--0.22%
AVTR	F	--0.22%
DOOO	F	--0.22%
LEA	D	--0.22%
CSGP	D	--0.23%
MRK	F	--0.23%
ROG	D	--0.23%
DLB	B	--0.23%
NTST	D	--0.23%
APA	D	--0.23%
IMCR	D	--0.23%
NKE	D	--0.23%
TEX	D	--0.23%
ELV	F	--0.23%
MCHP	D	--0.23%
OLN	D	--0.23%
NUE	C	--0.23%
SCL	C	--0.24%
OMI	F	--0.24%
ENTG	D	--0.24%
CWT	D	--0.24%
WPC	D	--0.24%
ODP	F	--0.24%
NSP	D	--0.24%
WOR	F	--0.24%
APLS	D	--0.24%
PLD	D	--0.24%
PD	C	--0.24%
ETSY	D	--0.24%
SITE	D	--0.24%
CC	C	--0.24%
ADM	D	--0.25%
HSY	F	--0.25%
JBSS	D	--0.25%
AKAM	D	--0.25%
OTEX	D	--0.25%
FTV	C	--0.25%
PCH	D	--0.25%
IPG	D	--0.25%
MTN	C	--0.25%
FUL	F	--0.25%
PEP	F	--0.25%
F	C	--0.25%
GIS	D	--0.25%
ATKR	C	--0.25%
REXR	F	--0.25%
ALV	C	--0.25%
MGM	D	--0.26%
GO	C	--0.26%
BG	F	--0.26%
THS	D	--0.26%
ARE	D	--0.26%
STZ	D	--0.26%
ALGM	D	--0.26%
IAC	D	--0.26%
CTRA	B	--0.26%
HDB	C	--0.26%
FMX	F	--0.26%
SON	D	--0.26%
CALX	D	--0.27%
DVN	F	--0.27%
COHU	C	--0.27%
HXL	D	--0.27%
ON	D	--0.27%
MTDR	B	--0.27%
SLAB	D	--0.27%
CNI	D	--0.27%
CWH	B	--0.27%
CDW	F	--0.27%
YELP	C	--0.28%
ALB	C	--0.28%
OKTA	C	--0.28%
VTLE	C	--0.28%
MUR	D	--0.28%
VRSN	F	--0.28%
MRTN	C	--0.28%
CRL	C	--0.28%
USPH	B	--0.28%
SJW	D	--0.28%
PZZA	D	--0.28%
CENTA	C	--0.28%
TDC	D	--0.29%
FIVN	C	--0.29%
UGI	A	--0.29%
HP	B	--0.29%
SJM	D	--0.29%
CHRD	D	--0.29%
LKQ	D	--0.29%
AMRK	F	--0.29%
AIN	C	--0.29%
MOS	F	--0.29%
URBN	C	--0.29%
CENT	C	--0.29%
SLB	C	--0.29%
TMO	F	--0.29%
SIGI	C	--0.29%
RPD	C	--0.29%
CIVI	D	--0.29%
EXC	C	--0.3%
PINS	D	--0.3%
ES	D	--0.3%
EG	C	--0.3%
SNOW	C	--0.3%
WFRD	D	--0.3%
RIO	D	--0.3%
HES	B	--0.3%
AVA	A	--0.3%
AWK	D	--0.3%
PPG	F	--0.3%
EVTC	B	--0.3%
IDXX	F	--0.3%
HELE	C	--0.3%
ACI	C	--0.3%
DIOD	D	--0.3%
KMX	B	--0.31%
OXM	D	--0.31%
ZD	C	--0.31%
IRTC	D	--0.32%
CAR	C	--0.32%
VLO	C	--0.32%
ALRM	C	--0.32%
TENB	C	--0.33%
OVV	B	--0.33%
NARI	C	--0.34%
AMR	C	--0.35%
UPS	C	--0.37%
PRGO	B	--0.44%