PSCU vs. TBLU ETF Comparison

Comparison of PowerShares S&P SmallCap Utilities Portfolio (PSCU) to Tortoise Global Water ESG Fund (TBLU)

PSCU

PowerShares S&P SmallCap Utilities Portfolio

PSCU Description

The PowerShares S&P SmallCap Utilities Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Utilities & Telecom Services 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 utilities and telecommunication services companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable. 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

$59.06

Average Daily Volume

6,301

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TBLU

Tortoise Global Water ESG Fund

TBLU Description

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise Global Water ESG Net Total Return IndexSM. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name (i.e., Water Companies). The index is a proprietary rules-based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of global Water Companies listed on developed country exchanges. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.95

Average Daily Volume

4,107

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSCU	TBLU
30 Days	2.82%	-1.99%
60 Days	10.87%	4.49%
90 Days	18.70%	16.24%
12 Months	23.09%

3 Overlapping Holdings

Symbol	Grade	Weight in PSCU	Weight in TBLU	Overlap
AWR	B	4.29%	1.01%	1.01%
CWT	D	4.28%	1.02%	1.02%
SJW	D	2.33%	0.63%	0.63%

PSCU Overweight 31 Positions Relative to TBLU

Symbol	Grade	Weight
LUMN	C	9.29%
IAC	C	4.96%
MSGS	A	4.81%
MGEE	C	4.48%
OTTR	F	4.41%
CCOI	B	4.32%
AVA	D	4.06%
SATS	C	3.99%
CNK	D	3.96%
CPK	C	3.72%
CARG	C	3.47%
TGNA	B	3.46%
CWEN	C	3.35%
YELP	D	3.12%
TDS	C	3.12%
ZD	D	2.86%
CABO	F	2.18%
TRIP	D	2.15%
NWN	D	2.08%
MSEX	C	1.55%
QNST	C	1.46%
CARS	F	1.33%
UTL	D	1.31%
CWEN	C	1.3%
SSTK	F	1.07%
SCHL	F	0.94%
TTGT	F	0.84%
THRY	F	0.82%
SHEN	F	0.82%
GOGO	F	0.52%
CNSL	A	0.48%

PSCU Underweight 20 Positions Relative to TBLU

Symbol	Grade	Weight
XYL	C	-8.2%
ECL	C	-8.07%
AWK	D	-6.15%
WMS	D	-4.32%
IEX	D	-4.26%
PNR	C	-4.25%
AOS	C	-3.87%
TTEK	A	-3.59%
WTRG	D	-3.35%
CNM	F	-2.25%
WTS	C	-2.09%
BMI	A	-1.77%
ZWS	A	-1.71%
FELE	C	-1.53%
MWA	A	-0.94%
LNN	C	-0.5%
MEG	F	-0.35%
ERII	C	-0.34%
WTTR	B	-0.27%
ANET	A	-0.09%