PWB vs. FDMO ETF Comparison

Comparison of PowerShares Dynamic LargeCap Growth (PWB) to Fidelity Momentum Factor ETF (FDMO)

PWB

PowerShares Dynamic LargeCap Growth

PWB Description

The PowerShares Dynamic Large Cap Growth Portfolio (Fund) is based on the Dynamic Large Cap Growth IntellidexSM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index seeks to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10-factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$99.20

Average Daily Volume

21,875

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$66.49

Average Daily Volume

43,744

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

Performance

Period	PWB	FDMO
30 Days	6.30%	6.57%
60 Days	14.22%	13.20%
90 Days	2.81%	2.68%
12 Months	47.56%	44.97%

31 Overlapping Holdings

Symbol	Grade	Weight in PWB	Weight in FDMO	Overlap
ALL	A	1.41%	0.55%	0.55%
AMAT	C	1.45%	1.43%	1.43%
AMZN	C	3.5%	3.6%	3.5%
ANET	A	1.52%	1.45%	1.45%
APH	D	1.35%	1.29%	1.29%
AXP	A	1.47%	0.74%	0.74%
BKNG	B	1.51%	0.73%	0.73%
BSX	A	1.44%	0.98%	0.98%
CEG	A	1.81%	0.38%	0.38%
CL	D	1.35%	0.39%	0.39%
COST	C	3.14%	0.97%	0.97%
CTAS	C	1.4%	0.51%	0.51%
ECL	C	1.41%	0.25%	0.25%
ETN	B	1.53%	0.64%	0.64%
GD	C	1.43%	0.5%	0.5%
GOOGL	B	3.21%	3.59%	3.21%
HLT	A	1.48%	0.58%	0.58%
KKR	A	1.49%	0.62%	0.62%
KLAC	B	1.33%	1.31%	1.31%
LLY	D	2.97%	2.03%	2.03%
META	A	3.52%	2.62%	2.62%
MSFT	D	3.33%	6.99%	3.33%
NFLX	A	3.28%	0.82%	0.82%
NVDA	B	3.05%	6.59%	3.05%
PGR	B	1.41%	0.78%	0.78%
RSG	D	1.33%	0.44%	0.44%
TDG	A	1.46%	0.55%	0.55%
TMUS	A	3.24%	0.44%	0.44%
TT	A	1.5%	0.58%	0.58%
V	B	3.28%	1.26%	1.26%
WM	B	1.36%	0.5%	0.5%

PWB Overweight 19 Positions Relative to FDMO

Symbol	Grade	Weight
ORCL	A	3.93%
CRM	B	3.38%
MA	A	3.35%
AAPL	C	3.22%
ADBE	F	2.93%
FICO	C	1.55%
SCCO	B	1.55%
PWR	A	1.52%
IR	A	1.5%
SPOT	C	1.5%
GWW	B	1.48%
MSI	A	1.43%
FTNT	A	1.41%
HWM	A	1.41%
MELI	D	1.4%
SPGI	C	1.4%
MCO	D	1.35%
MPWR	B	1.35%
NU	D	1.3%

PWB Underweight 91 Positions Relative to FDMO

Symbol	Grade	Weight
AVGO	B	-2.64%
APP	A	-2.0%
BRK.A	B	-2.0%
JPM	C	-1.54%
CRWD	D	-1.5%
ABBV	C	-1.34%
MU	D	-1.32%
GDDY	B	-1.26%
HD	A	-1.25%
DELL	C	-1.23%
XOM	A	-1.23%
MRK	F	-1.22%
ISRG	C	-1.04%
PG	D	-1.0%
AMGN	D	-0.96%
WMT	A	-0.92%
BAC	B	-0.92%
ELV	F	-0.86%
REGN	D	-0.85%
NTRA	A	-0.85%
WFC	B	-0.78%
CAT	A	-0.78%
GE	B	-0.77%
KO	C	-0.76%
THC	D	-0.76%
UBER	C	-0.72%
GS	B	-0.71%
TJX	D	-0.69%
RTX	A	-0.69%
CB	A	-0.68%
MCK	F	-0.65%
C	B	-0.64%
VZ	C	-0.6%
CMG	C	-0.6%
PM	D	-0.59%
LIN	C	-0.56%
T	B	-0.55%
CVNA	A	-0.55%
VRT	B	-0.53%
HIG	A	-0.52%
WING	C	-0.51%
DECK	B	-0.49%
HOOD	B	-0.49%
NEE	C	-0.49%
WSM	C	-0.48%
WAB	A	-0.47%
JXN	A	-0.46%
LDOS	A	-0.45%
FIX	A	-0.45%
EME	B	-0.45%
CSL	A	-0.43%
ANF	D	-0.42%
COIN	F	-0.39%
OKE	A	-0.35%
SO	A	-0.34%
WMB	A	-0.34%
DUK	C	-0.33%
AMT	D	-0.33%
MPC	D	-0.32%
VST	A	-0.32%
TRGP	A	-0.31%
PSX	D	-0.31%
SHW	C	-0.3%
EQIX	C	-0.29%
FCX	B	-0.28%
WELL	C	-0.28%
SFM	A	-0.27%
FANG	D	-0.26%
PEG	A	-0.26%
FRPT	A	-0.26%
CASY	D	-0.25%
PSA	C	-0.25%
AEP	C	-0.25%
SPG	A	-0.24%
DLR	C	-0.23%
NRG	A	-0.23%
FTI	B	-0.23%
EXR	D	-0.21%
IRM	B	-0.2%
AVB	C	-0.19%
IFF	D	-0.18%
WFRD	F	-0.18%
PKG	B	-0.17%
MLM	F	-0.17%
ELF	F	-0.16%
AVY	D	-0.16%
LAMR	C	-0.16%
STLD	C	-0.16%
ESS	D	-0.16%
CRS	B	-0.15%
SLG	C	-0.14%