PSCF vs. REK ETF Comparison

Comparison of PowerShares S&P SmallCap Financials Portfolio (PSCF) to ProShares Short Real Estate (REK)

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials 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 measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$59.19

Average Daily Volume

3,471

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

REK

ProShares Short Real Estate

REK Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real EstateSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the real estate sector of the U.S. equity market. Component companies include, among others, real estate holding and development and real estate services companies and real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$16.63

Average Daily Volume

10,507

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSCF	REK
30 Days	3.54%	3.04%
60 Days	6.03%	2.64%
90 Days	11.99%	-2.03%
12 Months	39.86%	-14.28%

16 Overlapping Holdings

Symbol	Grade	Weight in PSCF	Weight in REK	Overlap
APLE	B	0.91%	0.26%	0.26%
BDN	C	0.23%	0.22%	0.22%
BXMT	C	0.81%	0.39%	0.39%
DEI	B	0.8%	0.54%	0.54%
HIW	D	0.88%	0.41%	0.41%
HPP	F	0.14%	0.45%	0.14%
JBGS	F	0.35%	0.37%	0.35%
LXP	D	0.71%	0.21%	0.21%
MAC	A	1.09%	0.22%	0.22%
MPW	F	0.68%	0.9%	0.68%
OUT	A	0.64%	0.32%	0.32%
PEB	F	0.39%	0.26%	0.26%
SHO	D	0.54%	0.24%	0.24%
SLG	B	1.28%	0.58%	0.58%
SVC	F	0.12%	0.31%	0.12%
XHR	B	0.39%	0.18%	0.18%

PSCF Overweight 146 Positions Relative to REK

Symbol	Grade	Weight
CMA	B	2.39%
JXN	C	1.98%
COOP	B	1.62%
LNC	B	1.58%
EPRT	A	1.51%
PIPR	B	1.39%
MC	B	1.37%
RDN	D	1.36%
CTRE	C	1.33%
PECO	A	1.25%
SFBS	B	1.24%
AGO	A	1.18%
ABCB	B	1.18%
AX	B	1.14%
STEP	B	1.07%
BGC	C	1.03%
UCB	A	1.02%
SKT	A	1.02%
AUB	B	1.0%
FULT	B	1.0%
CATY	B	0.98%
PJT	B	0.98%
CBU	B	0.95%
FHB	B	0.91%
WD	D	0.9%
FBP	B	0.89%
WSFS	B	0.89%
APAM	B	0.85%
HASI	F	0.83%
CWK	C	0.83%
GNW	A	0.83%
SFNC	B	0.8%
INDB	B	0.8%
BOH	B	0.8%
BKU	A	0.79%
CVBF	B	0.78%
NMIH	D	0.78%
WAFD	B	0.78%
IIPR	F	0.76%
BFH	B	0.76%
VIRT	A	0.75%
GSHD	B	0.75%
FFBC	B	0.73%
UE	A	0.73%
PFS	B	0.73%
PRK	B	0.73%
ABR	B	0.72%
SNEX	B	0.72%
TBBK	B	0.71%
CNS	B	0.71%
PLMR	A	0.71%
PPBI	B	0.7%
PAYO	A	0.69%
ENVA	B	0.69%
AKR	A	0.68%
FCPT	C	0.68%
BANR	B	0.66%
SBCF	B	0.65%
BANF	B	0.63%
RNST	B	0.62%
NBTB	B	0.61%
TRMK	B	0.61%
IBTX	B	0.6%
ROIC	A	0.58%
EVTC	B	0.58%
BANC	B	0.58%
TFIN	B	0.57%
NATL	B	0.56%
PRG	C	0.53%
STC	B	0.53%
OFG	B	0.53%
CASH	B	0.52%
FBK	B	0.51%
MCY	B	0.51%
JOE	F	0.5%
CHCO	B	0.5%
FCF	B	0.5%
LKFN	B	0.49%
NWBI	B	0.49%
FBNC	B	0.49%
DRH	B	0.48%
NBHC	B	0.48%
TRUP	B	0.46%
HMN	B	0.44%
HOPE	B	0.43%
LTC	B	0.43%
VBTX	B	0.42%
DFIN	D	0.42%
CUBI	C	0.42%
STBA	B	0.42%
VRTS	B	0.41%
GTY	A	0.41%
WABC	B	0.4%
HTH	B	0.39%
GNL	D	0.38%
SPNT	A	0.38%
VRE	A	0.38%
ALEX	B	0.37%
ELME	D	0.37%
WT	A	0.36%
UNIT	B	0.36%
BHLB	B	0.34%
EIG	B	0.34%
SAFT	B	0.33%
KW	B	0.33%
AAT	A	0.33%
RC	D	0.31%
NAVI	F	0.31%
DCOM	A	0.31%
PMT	D	0.3%
ARI	C	0.3%
PFBC	B	0.3%
ECPG	C	0.3%
DEA	D	0.3%
BRKL	B	0.29%
CSR	A	0.29%
AMSF	B	0.29%
EXPI	C	0.29%
EFC	C	0.28%
SBSI	B	0.27%
FBRT	C	0.27%
NXRT	A	0.26%
HCI	C	0.25%
TMP	B	0.25%
MMI	B	0.25%
HFWA	B	0.24%
PRAA	C	0.24%
RWT	D	0.24%
PRA	B	0.23%
EGBN	B	0.23%
CFFN	B	0.22%
CPF	B	0.22%
BSIG	A	0.21%
HAFC	B	0.2%
AHH	D	0.19%
INN	D	0.18%
TRST	B	0.18%
KREF	D	0.17%
GDOT	D	0.16%
EZPW	A	0.16%
WSR	A	0.16%
AMBC	C	0.15%
UHT	D	0.14%
UFCS	A	0.14%
BFS	C	0.12%
WRLD	D	0.1%

PSCF Underweight 71 Positions Relative to REK

Symbol	Grade	Weight
AMT	D	-8.05%
CCI	C	-4.7%
PLD	D	-4.64%
EQIX	A	-3.91%
SPG	A	-3.53%
WELL	A	-2.73%
PSA	C	-2.58%
AVB	B	-2.35%
EQR	C	-2.24%
SBAC	D	-2.21%
DLR	A	-2.02%
O	C	-1.94%
CSGP	F	-1.85%
WY	D	-1.8%
VTR	B	-1.71%
ESS	A	-1.59%
CBRE	B	-1.59%
BXP	D	-1.56%
ARE	F	-1.46%
DOC	D	-1.4%
INVH	D	-1.28%
MAA	A	-1.19%
EXR	C	-1.13%
WPC	C	-1.12%
SUI	C	-1.12%
NLY	C	-1.08%
UDR	C	-1.08%
HST	D	-1.0%
ELS	B	-1.0%
VNO	C	-0.83%
CPT	C	-0.83%
REG	A	-0.82%
AGNC	C	-0.77%
VICI	C	-0.76%
OHI	B	-0.74%
NNN	C	-0.74%
GLPI	C	-0.72%
FRT	B	-0.71%
IRM	C	-0.7%
JLL	D	-0.69%
KIM	A	-0.67%
KRC	C	-0.63%
LAMR	D	-0.62%
AIV	C	-0.61%
STWD	C	-0.56%
AMH	C	-0.54%
COLD	F	-0.53%
CUZ	B	-0.48%
BRX	A	-0.48%
CUBE	C	-0.47%
PK	D	-0.46%
EPR	D	-0.44%
HHH	B	-0.42%
FR	C	-0.42%
EGP	D	-0.41%
REXR	F	-0.41%
RHP	B	-0.37%
HR	C	-0.36%
SBRA	B	-0.33%
TWO	D	-0.32%
RYN	D	-0.32%
CIM	D	-0.31%
EQC	A	-0.31%
NHI	D	-0.29%
DSS	F	-0.28%
MFA	D	-0.28%
RLJ	C	-0.23%
PDM	D	-0.23%
PCH	D	-0.23%
PGRE	D	-0.22%
IVR	D	-0.19%