SPHB vs. MPAY ETF Comparison

Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to Akros Monthly Payout ETF (MPAY)

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$87.90

Average Daily Volume

393,086

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

MPAY

Akros Monthly Payout ETF

MPAY Description

MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.

Grade (RS Rating)

Last Trade

$25.78

Average Daily Volume

873

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPHB	MPAY
30 Days	1.94%	1.18%
60 Days	0.06%	1.63%
90 Days	4.34%	3.02%
12 Months	26.25%	24.32%

15 Overlapping Holdings

Symbol	Grade	Weight in SPHB	Weight in MPAY	Overlap
ABNB	D	0.93%	1.23%	0.93%
ADBE	F	0.93%	1.57%	0.93%
AMAT	D	1.26%	1.45%	1.26%
AMZN	C	1.01%	4.97%	1.01%
BKNG	B	0.82%	1.26%	0.82%
CRM	D	0.88%	1.43%	0.88%
INTU	C	0.89%	1.3%	0.89%
KLAC	D	1.3%	1.32%	1.3%
LRCX	F	1.27%	1.32%	1.27%
NOW	A	1.0%	1.46%	1.0%
NVDA	D	1.78%	6.38%	1.78%
ORCL	B	1.05%	1.78%	1.05%
QCOM	F	1.13%	1.36%	1.13%
TSLA	C	1.49%	1.83%	1.49%
TXN	C	0.76%	1.23%	0.76%

SPHB Overweight 85 Positions Relative to MPAY

Symbol	Grade	Weight
SMCI	F	2.09%
MPWR	C	1.79%
AMD	D	1.73%
AVGO	C	1.58%
TER	D	1.49%
BLDR	C	1.41%
ALB	F	1.37%
ANET	A	1.31%
ON	F	1.25%
CRWD	D	1.25%
CZR	C	1.23%
NCLH	C	1.22%
ENPH	D	1.2%
CCL	C	1.19%
META	A	1.16%
MCHP	D	1.13%
ALGN	D	1.12%
MU	F	1.11%
URI	B	1.1%
CDNS	D	1.1%
GNRC	D	1.08%
WDC	D	1.08%
FSLR	C	1.05%
NXPI	D	1.04%
BXP	B	1.04%
SNPS	D	1.04%
BX	B	1.03%
PWR	B	1.01%
CARR	B	1.0%
KKR	A	0.98%
PODD	B	0.95%
UBER	C	0.95%
SWKS	F	0.95%
PANW	C	0.95%
ADSK	C	0.94%
ETN	C	0.94%
AAL	D	0.94%
HUBB	A	0.93%
PHM	B	0.93%
KEYS	C	0.93%
ADI	C	0.93%
QRVO	F	0.93%
DAY	D	0.93%
RCL	A	0.93%
PYPL	B	0.92%
JBL	D	0.92%
UAL	C	0.9%
CEG	A	0.89%
ARE	C	0.88%
EFX	C	0.87%
ZBRA	B	0.87%
PH	A	0.87%
DHI	C	0.86%
RMD	C	0.86%
ISRG	C	0.86%
MHK	C	0.85%
VST	A	0.85%
FICO	B	0.84%
DECK	D	0.84%
LEN	C	0.84%
IDXX	D	0.84%
AES	C	0.83%
FCX	D	0.82%
LW	D	0.82%
ANSS	D	0.82%
KMX	D	0.81%
KEY	B	0.81%
ROK	F	0.81%
CRL	F	0.8%
INTC	F	0.8%
LULU	D	0.79%
GOOG	D	0.77%
APH	C	0.77%
GE	A	0.77%
IQV	D	0.76%
TROW	D	0.75%
APTV	D	0.75%
IVZ	B	0.75%
MGM	D	0.75%
ETSY	F	0.73%
CPRT	D	0.71%
WBD	D	0.71%
EPAM	F	0.69%
MLM	D	0.67%
BBWI	F	0.65%

SPHB Underweight 37 Positions Relative to MPAY

Symbol	Grade	Weight
AAPL	C	-5.94%
MSFT	C	-5.7%
GOOGL	D	-4.73%
GLDM	A	-3.6%
IAUM	A	-3.36%
LLY	C	-3.04%
WMT	B	-2.21%
V	C	-1.77%
COST	B	-1.77%
MA	B	-1.76%
UNH	C	-1.74%
HD	A	-1.74%
XOM	D	-1.55%
MRK	D	-1.53%
JNJ	C	-1.46%
ABBV	C	-1.45%
NFLX	B	-1.44%
LOW	A	-1.37%
ACN	C	-1.34%
CVX	D	-1.32%
MCD	B	-1.31%
CAT	B	-1.28%
HCA	A	-1.28%
FTNT	B	-1.28%
TJX	C	-1.28%
CSCO	B	-1.28%
PM	C	-1.27%
LIN	B	-1.27%
PEP	D	-1.25%
NKE	D	-1.25%
ADP	B	-1.24%
AZO	D	-1.24%
ABT	C	-1.23%
LMT	B	-1.23%
UPS	F	-1.22%
RTX	C	-1.19%
DELL	C	-1.02%