PWV vs. NULC ETF Comparison

Comparison of PowerShares Dynamic LargeCap Value (PWV) to Nuveen ESG Large-Cap ETF (NULC)

PWV

PowerShares Dynamic LargeCap Value

PWV Description

The PowerShares Dynamic Large Cap Value Portfolio (Fund) is based on the Dynamic Large Cap Value IntellidexSM 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 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

$56.52

Average Daily Volume

37,549

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NULC

Nuveen ESG Large-Cap ETF

NULC Description

The investment seeks to track the investment results, before fees and expenses, of the ICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index (the "index"). Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. The index is designed to broadly capture the 1-5 year U.S. investment grade fixed income market, as represented by a modified version of the ICE BofAML 1-5 Year US Broad Market Index.

Grade (RS Rating)

Last Trade

$43.44

Average Daily Volume

753

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	PWV	NULC
30 Days	3.70%	4.39%
60 Days	3.17%	-2.49%
90 Days	3.24%	0.63%
12 Months	21.07%	19.51%

14 Overlapping Holdings

Symbol	Grade	Weight in PWV	Weight in NULC	Overlap
AMGN	C	3.5%	1.17%	1.17%
BAC	D	3.27%	0.45%	0.45%
CI	B	1.5%	0.09%	0.09%
CMCSA	C	3.18%	0.72%	0.72%
FDX	D	1.61%	0.24%	0.24%
HCA	B	1.69%	1.6%	1.6%
IBM	A	3.82%	1.77%	1.77%
KR	C	1.39%	0.23%	0.23%
LOW	B	1.55%	0.77%	0.77%
MS	C	3.23%	1.28%	1.28%
NXPI	D	1.16%	0.12%	0.12%
PNC	B	1.63%	1.22%	1.22%
URI	C	1.43%	0.44%	0.44%
VZ	B	3.35%	0.23%	0.23%

PWV Overweight 35 Positions Relative to NULC

Symbol	Grade	Weight
ABBV	B	4.03%
JNJ	B	3.68%
ABT	A	3.56%
JPM	B	3.49%
CSCO	B	3.41%
XOM	C	3.16%
WFC	D	3.1%
CAT	C	3.08%
CVX	F	2.83%
DHI	B	1.75%
AFL	B	1.72%
BK	B	1.58%
LEN	B	1.57%
GM	B	1.53%
CB	A	1.51%
MET	B	1.49%
WMB	B	1.49%
FIS	A	1.49%
ELV	B	1.43%
COF	C	1.43%
CME	A	1.41%
ET	C	1.4%
PRU	C	1.38%
CNC	D	1.37%
AIG	D	1.35%
EOG	D	1.33%
MPC	D	1.31%
F	D	1.27%
PSX	D	1.26%
COP	D	1.25%
PCAR	D	1.19%
VLO	D	1.16%
NUE	F	1.14%
SCCO	D	1.09%
DELL	F	0.89%

PWV Underweight 100 Positions Relative to NULC

Symbol	Grade	Weight
NVDA	D	-7.6%
MSFT	D	-7.18%
LLY	B	-3.01%
GOOGL	D	-3.0%
V	A	-2.09%
MA	B	-2.08%
KO	B	-1.97%
GOOG	D	-1.79%
PGR	A	-1.74%
SPGI	A	-1.72%
DHR	B	-1.59%
MELI	B	-1.58%
PG	A	-1.55%
MMC	A	-1.52%
DIS	F	-1.38%
MCK	D	-1.36%
TJX	B	-1.33%
ETN	D	-1.33%
ECL	B	-1.33%
TSLA	D	-1.3%
CRM	D	-1.26%
MCD	A	-1.23%
CARR	B	-1.21%
AMT	A	-1.18%
UPS	F	-1.1%
OKE	A	-1.1%
TGT	B	-1.07%
SRE	B	-1.06%
INTC	F	-1.02%
CMG	D	-0.96%
ADP	B	-0.93%
C	D	-0.91%
AMAT	F	-0.9%
SNPS	D	-0.9%
LNG	B	-0.87%
PEP	A	-0.84%
MRVL	D	-0.83%
T	A	-0.81%
DD	C	-0.72%
ED	A	-0.72%
BKR	D	-0.72%
HPQ	D	-0.72%
EW	F	-0.71%
TXN	C	-0.7%
VEEV	A	-0.68%
GILD	A	-0.64%
ADM	D	-0.63%
MMM	B	-0.63%
ZTS	A	-0.62%
ADBE	B	-0.55%
KEYS	C	-0.55%
AXON	B	-0.54%
LYB	D	-0.52%
NTAP	D	-0.51%
HPE	D	-0.51%
TEAM	F	-0.5%
FSLR	C	-0.48%
WST	D	-0.47%
EBAY	A	-0.46%
TRV	A	-0.45%
WDC	D	-0.44%
FTV	D	-0.44%
CBOE	A	-0.44%
EXC	A	-0.43%
STX	D	-0.4%
HOLX	A	-0.39%
EQIX	B	-0.39%
TRU	B	-0.38%
TFC	B	-0.38%
J	C	-0.38%
STLD	D	-0.37%
BKNG	C	-0.36%
BALL	A	-0.36%
ENPH	D	-0.34%
EA	C	-0.34%
MCO	B	-0.33%
TRMB	D	-0.28%
JNPR	A	-0.26%
HST	D	-0.25%
NEM	B	-0.25%
HOOD	D	-0.22%
A	B	-0.22%
GS	C	-0.21%
HD	B	-0.2%
MOS	F	-0.19%
SOLV	B	-0.19%
MKTX	A	-0.18%
UNH	A	-0.13%
CAH	A	-0.13%
EXAS	B	-0.13%
CDNS	D	-0.12%
LULU	F	-0.09%
WELL	A	-0.07%
IT	B	-0.07%
IDXX	D	-0.06%
AZO	B	-0.04%
UNP	B	-0.04%
WTW	A	-0.04%
DOV	C	-0.01%
BG	D	-0.01%