ROE vs. PKW ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to PowerShares Buyback Achievers (PKW)

ROE

Astoria US Quality Kings ETF

ROE Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$32.00

Average Daily Volume

13,710

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM 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 track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$124.44

Average Daily Volume

17,125

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

Performance

Period	ROE	PKW
30 Days	4.88%	8.50%
60 Days	4.08%	9.46%
90 Days	5.77%	12.55%
12 Months	32.55%	37.11%

15 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in PKW	Overlap
AFL	B	1.01%	2.05%	1.01%
APP	B	2.26%	2.89%	2.26%
CAH	B	1.06%	0.95%	0.95%
CMCSA	C	1.02%	4.88%	1.02%
CSL	B	0.98%	0.66%	0.66%
HIG	B	0.99%	1.13%	0.99%
JNJ	D	0.94%	4.53%	0.94%
LMT	D	0.9%	4.13%	0.9%
MCK	C	1.25%	2.61%	1.25%
PHM	C	0.88%	0.87%	0.87%
SYF	A	1.27%	0.83%	0.83%
THC	D	0.91%	0.48%	0.48%
TMUS	A	1.15%	5.44%	1.15%
VLO	C	1.0%	1.51%	1.0%
VST	B	1.27%	1.64%	1.27%

ROE Overweight 84 Positions Relative to PKW

Symbol	Grade	Weight
APO	A	1.28%
LYV	A	1.21%
AMP	B	1.2%
CHTR	C	1.17%
NFLX	B	1.16%
EME	B	1.14%
NVDA	C	1.14%
ETR	B	1.13%
V	A	1.11%
GWW	A	1.11%
PANW	C	1.1%
ORCL	C	1.1%
MSI	C	1.08%
MO	A	1.08%
RPM	A	1.08%
TRV	B	1.08%
PM	B	1.07%
TROW	A	1.07%
CSCO	A	1.07%
GEN	A	1.06%
SPG	C	1.05%
WRB	A	1.05%
EOG	C	1.05%
GOOGL	C	1.05%
COR	C	1.05%
APH	B	1.04%
ALL	B	1.03%
URI	B	1.03%
NRG	C	1.03%
DPZ	C	1.02%
HD	A	1.02%
ACN	B	1.02%
DOV	A	1.02%
ITW	A	1.02%
JBL	C	1.01%
LOW	C	1.01%
TJX	A	1.0%
PGR	A	0.99%
TXN	D	0.99%
CTSH	B	0.99%
YUM	B	0.98%
TGT	F	0.98%
AAPL	B	0.98%
CAT	B	0.98%
SYY	C	0.98%
META	D	0.97%
CB	D	0.97%
QCOM	F	0.96%
NTAP	C	0.96%
MSFT	D	0.95%
KMB	C	0.95%
RMD	C	0.95%
EG	C	0.95%
VICI	C	0.94%
OMC	C	0.94%
ANET	C	0.94%
IBM	C	0.93%
ON	C	0.93%
ADBE	C	0.93%
VZ	B	0.93%
NXPI	D	0.92%
EBAY	C	0.92%
DVN	F	0.92%
SBAC	D	0.91%
ROST	C	0.91%
CL	D	0.9%
ZTS	D	0.89%
GEHC	F	0.88%
WSM	B	0.86%
A	D	0.86%
AMAT	F	0.85%
ABBV	D	0.84%
LRCX	F	0.83%
MCHP	F	0.83%
SWKS	F	0.83%
DHI	D	0.82%
MRK	F	0.82%
KLAC	F	0.79%
LLY	F	0.78%
CDW	F	0.78%
TER	F	0.78%
FSLR	F	0.77%
MPWR	F	0.64%
CE	F	0.54%

ROE Underweight 176 Positions Relative to PKW

Symbol	Grade	Weight
BKNG	B	-5.49%
FI	A	-4.0%
DE	B	-3.61%
PYPL	A	-2.83%
HCA	F	-2.83%
MAR	A	-2.59%
ORLY	B	-2.3%
CSX	B	-2.21%
HLT	A	-2.0%
MET	A	-1.91%
PSX	C	-1.79%
AZO	C	-1.77%
MPC	F	-1.75%
AIG	B	-1.6%
DFS	B	-1.42%
VRSK	A	-1.3%
DD	D	-1.12%
CNC	F	-1.01%
STT	A	-0.94%
GDDY	B	-0.85%
EXPE	B	-0.73%
STLD	B	-0.71%
BLDR	C	-0.68%
CFG	B	-0.68%
L	B	-0.6%
EXPD	C	-0.55%
TXT	D	-0.51%
JEF	A	-0.5%
TOL	A	-0.5%
EQH	B	-0.49%
MGM	F	-0.37%
MUSA	B	-0.35%
PAG	B	-0.35%
WMS	F	-0.34%
CACI	D	-0.33%
EXP	B	-0.33%
PRI	A	-0.33%
FOXA	C	-0.33%
ORI	A	-0.32%
CNM	D	-0.28%
DINO	F	-0.27%
HRB	D	-0.27%
WH	A	-0.25%
BERY	B	-0.25%
BRKR	F	-0.24%
R	B	-0.23%
BYD	B	-0.22%
MTN	C	-0.22%
WSC	D	-0.22%
CHH	A	-0.22%
MTG	B	-0.21%
AN	B	-0.21%
ARW	D	-0.2%
COOP	B	-0.2%
KBH	C	-0.19%
RH	B	-0.19%
CNX	B	-0.19%
GPI	B	-0.18%
VVV	F	-0.18%
AMG	B	-0.18%
PVH	C	-0.18%
SM	C	-0.17%
ABG	B	-0.17%
CRC	C	-0.17%
MATX	C	-0.17%
NXST	C	-0.17%
SLM	B	-0.17%
DDS	B	-0.17%
BC	C	-0.17%
OLN	F	-0.16%
NSIT	F	-0.16%
EEFT	B	-0.15%
IDCC	A	-0.15%
HGV	B	-0.14%
GOLF	B	-0.14%
TNET	D	-0.14%
SKYW	B	-0.14%
ASGN	D	-0.13%
CVCO	B	-0.13%
DXC	B	-0.12%
CAR	C	-0.12%
GFF	B	-0.12%
WU	D	-0.12%
CEIX	A	-0.12%
TNL	A	-0.12%
ASH	F	-0.12%
ASO	F	-0.11%
ATGE	B	-0.11%
NSA	C	-0.11%
HP	C	-0.11%
BTU	C	-0.11%
DOCN	D	-0.11%
HUN	F	-0.11%
FBP	B	-0.11%
SLVM	B	-0.11%
TGNA	B	-0.1%
LBRT	F	-0.1%
PK	B	-0.1%
DEI	A	-0.1%
CARG	C	-0.1%
BHF	B	-0.1%
VIRT	B	-0.1%
ATKR	C	-0.1%
AMR	C	-0.1%
VAC	B	-0.1%
GNW	A	-0.1%
ENVA	B	-0.09%
SPB	C	-0.08%
SEB	F	-0.08%
PRG	B	-0.07%
GBX	A	-0.07%
HURN	B	-0.07%
IART	C	-0.06%
AZTA	D	-0.06%
CASH	B	-0.06%
SAH	B	-0.05%
PLAY	D	-0.05%
ATSG	B	-0.05%
PEB	D	-0.05%
XHR	A	-0.05%
PZZA	F	-0.05%
CSGS	B	-0.05%
NAVI	C	-0.05%
DXPE	A	-0.04%
INVA	D	-0.04%
DK	C	-0.04%
HTZ	C	-0.04%
CNNE	B	-0.04%
JBGS	D	-0.04%
EIG	B	-0.04%
SNCY	C	-0.03%
LQDT	B	-0.03%
CGEM	F	-0.03%
RYI	C	-0.03%
STGW	B	-0.03%
HCKT	B	-0.03%
PRA	B	-0.03%
EGBN	B	-0.03%
ODP	F	-0.03%
JACK	D	-0.03%
ECVT	C	-0.03%
AMN	F	-0.03%
LILAK	F	-0.03%
XRX	F	-0.03%
SBSI	B	-0.03%
TBPH	C	-0.02%
ANAB	F	-0.02%
NFBK	B	-0.02%
HONE	B	-0.02%
FPI	A	-0.02%
LXU	C	-0.02%
OPY	B	-0.02%
NR	B	-0.02%
IMXI	B	-0.02%
SCHL	D	-0.02%
ZIP	F	-0.02%
LPRO	C	-0.02%
CHGG	D	-0.01%
SKIN	F	-0.01%
DBI	F	-0.01%
ZYXI	D	-0.01%
ONTF	C	-0.01%
TASK	C	-0.01%
WSBF	B	-0.01%
RLGT	B	-0.01%
DENN	D	-0.01%
MBI	B	-0.01%
GCO	B	-0.01%
CCRN	F	-0.01%
LWAY	D	-0.01%
LOCO	D	-0.01%
SENEA	B	-0.01%
LSEA	C	-0.01%
NECB	B	-0.01%
KELYA	F	-0.01%
MX	F	-0.0%