SMCO vs. PSI ETF Comparison

Comparison of Hilton Small-MidCap Opportunity ETF (SMCO) to PowerShares Dynamic Semiconductors (PSI)

SMCO

Hilton Small-MidCap Opportunity ETF

SMCO Description

The Sub-Adviser uses its proprietary Small & Mid Cap Opportunities investment process ("SMCO Process") to seek risk-adjusted returns by investing in U.S. equity securities within the small- and mid-cap asset classes. The fund"s portfolio will typically consist of between 50-75 stocks. The fund"s portfolio will consistently consist of stocks that the Sub-Adviser deems fundamentally attractive and reasonably valued. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in equity securities of small- and mid-capitalization companies.

Grade (RS Rating)

Last Trade

$24.17

Average Daily Volume

2,270

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$64.73

Average Daily Volume

67,517

Number of Holdings ^*

27

* may have additional holdings in another (foreign) market

Performance

Period	SMCO	PSI
30 Days	2.60%	6.27%
60 Days	2.84%	15.45%
90 Days	5.89%	17.33%
12 Months		42.59%

1 Overlapping Holdings

	Symbol	Grade	Weight in SMCO	Weight in PSI	Overlap
	ENTG	B	2.13%	2.74%	2.13%

SMCO Overweight 9 Positions Relative to PSI

	Symbol	Grade	Weight
	CLH	B	3.1%
	DY	B	2.85%
	KD	C	2.4%
	CYBR	C	2.37%
	PRIM	C	2.36%
	HLI	A	2.3%
	NVT	D	2.27%
	EME	D	2.27%
	BURL	A	2.2%

SMCO Underweight 26 Positions Relative to PSI

	Symbol	Grade	Weight
	AVGO	B	-5.74%
	NVDA	C	-5.27%
	LRCX	C	-5.23%
	AMAT	C	-5.15%
	MU	C	-4.84%
	ADI	B	-4.62%
	AMD	C	-4.48%
	QCOM	C	-4.48%
	CRDO	C	-3.9%
	AMKR	B	-3.08%
	UCTT	B	-2.97%
	VECO	C	-2.91%
	MPWR	C	-2.83%
	CRUS	B	-2.82%
	KLAC	B	-2.78%
	MTSI	B	-2.74%
	FORM	C	-2.71%
	ICHR	C	-2.7%
	TER	B	-2.67%
	MKSI	B	-2.64%
	ACMR	D	-2.59%
	PI	B	-2.58%
	ONTO	C	-2.53%
	NXPI	B	-2.49%
	PLAB	F	-2.36%
	SMTC	C	-2.04%

SMCO: Top Represented Industries & Keywords

Industries: Engineering & Construction Capital Markets Discount Stores Electronic Components Information Technology Services Semiconductor Equipment & Materials Software - Infrastructure Waste Management

Keywords: Conduit Construction Services Distribution Systems Engineering Services Optical Fiber Advisory Services Aerospace Aerospace Manufacturers Alarms Apparel Products Applied Sciences Baby Products Bankruptcy Building Engineering Burner Management Systems Cable TV Cable Television Cable Television System Capital Structure Chemical Cleaning

PSI: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Semiconductor Memory

Keywords: Semiconductor Integrated Circuits S&P 500 Semiconductor Device Fabrication Nasdaq 100 Electronic Engineering Computing Electronics Fabless Semiconductor Companies Manufacturing Process Semiconductor Devices Wafer Smartphones Aerospace Chemical Mechanical Planarization Chemical Vapor Deposition Consumer Applications Electrical Engineering Process Control Semiconductor Manufacturing