PSCH vs. HIPS ETF Comparison

Comparison of PowerShares S&P SmallCap Health Care Portfolio (PSCH) to Master Income ETF (HIPS)
PSCH

PowerShares S&P SmallCap Health Care Portfolio

PSCH Description

The PowerShares S&P SmallCap Health Care Portfolio (Fund) is based on the S&P SmallCap 600® Capped Health Care 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 in the health care sector. Included are healthcare companies principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. The Index is a subset of the S&P SmallCap 600® 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

$45.83

Average Daily Volume

15,970

Number of Holdings *

65

* may have additional holdings in another (foreign) market
HIPS

Master Income ETF

HIPS Description The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.

Grade (RS Rating)

Last Trade

$12.95

Average Daily Volume

33,789

Number of Holdings *

35

* may have additional holdings in another (foreign) market
Performance
Period PSCH HIPS
30 Days 8.58% 1.45%
60 Days 6.43% 3.11%
90 Days 8.21% 4.68%
12 Months 5.09% 16.74%
0 Overlapping Holdings
Symbol Grade Weight in PSCH Weight in HIPS Overlap
PSCH Overweight 65 Positions Relative to HIPS
Symbol Grade Weight
ENSG B 5.94%
GKOS C 4.35%
OGN B 4.17%
KRYS C 3.67%
MMSI B 3.59%
ALKS B 3.41%
SEM B 3.02%
RDNT C 2.92%
ITGR C 2.89%
PBH B 2.53%
CORT B 2.41%
CRVL B 2.01%
NARI D 1.99%
ICUI B 1.87%
VCEL C 1.8%
MYGN B 1.78%
FTRE C 1.76%
AMN B 1.76%
TNDM D 1.73%
UFPT A 1.64%
PTGX C 1.64%
ASTH B 1.59%
PINC B 1.58%
CNMD F 1.56%
ADUS A 1.56%
PRVA B 1.52%
PDCO C 1.48%
STAA D 1.47%
CPRX B 1.41%
NEO B 1.35%
NHC B 1.32%
LGND B 1.32%
IART F 1.26%
LMAT B 1.26%
SUPN C 1.21%
CERT C 1.2%
AMPH C 1.16%
DVAX F 1.09%
USPH C 1.05%
OMCL C 0.94%
XNCR F 0.93%
SDGR C 0.89%
OMI C 0.82%
COLL B 0.82%
HRMY C 0.78%
AVNS B 0.76%
INVA A 0.75%
IRWD D 0.7%
ANIP B 0.7%
PCRX F 0.68%
VIR D 0.66%
EMBC C 0.65%
AHCO C 0.64%
BLFS B 0.62%
RCUS D 0.62%
HSTM B 0.51%
MD C 0.49%
RGNX D 0.47%
SLP D 0.46%
CTKB D 0.44%
VREX F 0.43%
MLAB B 0.4%
CCRN C 0.39%
FLGT C 0.34%
PAHC B 0.27%
PSCH Underweight 35 Positions Relative to HIPS
Symbol Grade Weight
WES B -3.52%
PAA B -3.05%
ET A -2.94%
MPLX A -2.9%
LTC B -2.9%
OHI A -2.89%
SBRA B -2.82%
EPD B -2.81%
BXSL D -2.75%
JFR A -2.72%
GTY B -2.71%
BGX A -2.7%
ALX B -2.69%
JQC A -2.68%
EFT A -2.66%
SLRC D -2.64%
NNN A -2.61%
FCT A -2.6%
ARCC C -2.59%
CQP C -2.58%
GSBD D -2.57%
BLW A -2.54%
GBDC D -2.53%
DSU A -2.52%
FSK B -2.51%
DMLP D -2.49%
NBB A -2.49%
GLPI B -2.48%
FDUS D -2.47%
NMFC B -2.42%
BSM F -2.42%
USAC F -2.41%
PK F -2.36%
EPR B -2.29%
GNL C -2.18%
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