SPHD vs. ITAN ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to Sparkline Intangible Value ETF (ITAN)

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$51.14

Average Daily Volume

656,652

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	ITAN
30 Days	1.23%	5.34%
60 Days	2.34%	7.33%
90 Days	5.44%	9.71%
12 Months	33.65%	31.35%

11 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in ITAN	Overlap
BMY	B	2.97%	1.04%	1.04%
CSCO	B	1.68%	1.77%	1.68%
EMN	D	1.38%	0.35%	0.35%
GILD	C	2.24%	0.9%	0.9%
IBM	C	1.77%	1.76%	1.76%
MDT	D	1.55%	1.15%	1.15%
PFE	D	2.13%	1.32%	1.32%
PRU	A	1.78%	0.54%	0.54%
T	A	2.72%	1.63%	1.63%
VTRS	A	2.01%	0.51%	0.51%
VZ	C	2.68%	1.36%	1.36%

SPHD Overweight 39 Positions Relative to ITAN

Symbol	Grade	Weight
MO	A	3.1%
KMI	A	2.93%
CCI	D	2.52%
OKE	A	2.52%
SPG	B	2.46%
VICI	C	2.42%
D	C	2.38%
PM	B	2.32%
WMB	A	2.28%
KVUE	A	2.26%
K	A	2.26%
ETR	B	2.21%
EVRG	A	2.18%
O	D	2.14%
AMCR	D	2.06%
PNW	B	2.02%
UPS	C	1.98%
KHC	F	1.94%
WEC	A	1.93%
ES	D	1.9%
LYB	F	1.88%
EIX	B	1.84%
CAG	D	1.84%
FRT	B	1.84%
HST	C	1.82%
EXC	C	1.8%
DOW	F	1.8%
FE	C	1.75%
IPG	D	1.75%
DRI	B	1.69%
DUK	C	1.68%
CVX	A	1.65%
GIS	D	1.49%
SJM	D	1.48%
OMC	C	1.43%
HRL	D	1.42%
XOM	B	1.39%
ABBV	D	1.37%
JNJ	D	1.3%

SPHD Underweight 140 Positions Relative to ITAN

Symbol	Grade	Weight
AMZN	C	-4.72%
META	D	-2.91%
ORCL	B	-2.38%
GOOG	C	-2.11%
GOOGL	C	-2.11%
CRM	B	-2.09%
ACN	C	-1.58%
WFC	A	-1.56%
QCOM	F	-1.53%
TMUS	B	-1.43%
DIS	B	-1.25%
INTC	D	-1.25%
RTX	C	-1.22%
HON	B	-1.21%
DELL	C	-1.13%
PYPL	B	-1.09%
COF	B	-1.08%
CMCSA	B	-1.07%
BA	F	-1.03%
GM	B	-0.97%
CVS	D	-0.96%
SQ	B	-0.94%
PANW	C	-0.89%
NOC	D	-0.88%
MMM	D	-0.88%
FDX	B	-0.86%
CMI	A	-0.85%
TGT	F	-0.83%
F	C	-0.81%
CTSH	B	-0.77%
UAL	A	-0.76%
HPQ	B	-0.74%
ALL	A	-0.74%
CHTR	C	-0.71%
DASH	A	-0.71%
LHX	C	-0.71%
BDX	F	-0.69%
JCI	C	-0.68%
NXPI	D	-0.67%
WDAY	B	-0.67%
EBAY	D	-0.66%
NTAP	C	-0.64%
GD	F	-0.64%
ADSK	A	-0.64%
HPE	B	-0.63%
DAL	C	-0.61%
GLW	B	-0.6%
EXPE	B	-0.59%
CVNA	B	-0.58%
HUM	C	-0.56%
CNC	D	-0.56%
WBD	C	-0.55%
EA	A	-0.55%
WDC	D	-0.55%
CAH	B	-0.52%
DOCU	A	-0.52%
KR	B	-0.51%
ZM	B	-0.51%
SNAP	C	-0.5%
ZS	C	-0.5%
ILMN	D	-0.5%
TWLO	A	-0.49%
NTNX	A	-0.48%
LDOS	C	-0.47%
FFIV	B	-0.46%
DD	D	-0.45%
ROK	B	-0.45%
BBY	D	-0.45%
ZBRA	B	-0.45%
BAX	D	-0.45%
DGX	A	-0.44%
LH	C	-0.44%
TRMB	B	-0.43%
IQV	D	-0.43%
OKTA	C	-0.42%
ACM	A	-0.42%
J	F	-0.41%
PSTG	D	-0.4%
BIIB	F	-0.4%
AAL	B	-0.4%
JNPR	F	-0.4%
BAH	F	-0.4%
CIEN	B	-0.39%
DVA	B	-0.38%
EXAS	D	-0.38%
TPR	B	-0.38%
LMT	D	-0.38%
JLL	D	-0.37%
ROKU	D	-0.37%
DBX	B	-0.37%
JBL	B	-0.37%
LYFT	C	-0.36%
IP	B	-0.36%
CACI	D	-0.35%
NWSA	B	-0.34%
AKAM	D	-0.33%
SWKS	F	-0.33%
TRU	D	-0.33%
LUMN	C	-0.32%
ALLY	C	-0.32%
ACI	C	-0.31%
JAZZ	B	-0.3%
TAP	C	-0.3%
ELAN	D	-0.29%
SWK	D	-0.29%
TXT	D	-0.29%
U	C	-0.29%
PARA	C	-0.28%
ANF	C	-0.28%
ETSY	D	-0.28%
G	B	-0.28%
W	F	-0.28%
WBA	F	-0.27%
MASI	A	-0.27%
WHR	B	-0.27%
BOX	B	-0.26%
HAS	D	-0.26%
FAF	A	-0.26%
BIO	D	-0.25%
ALK	C	-0.25%
MTCH	D	-0.24%
FLS	B	-0.24%
MAT	D	-0.24%
IVZ	B	-0.24%
GAP	C	-0.23%
RIVN	F	-0.23%
NOV	C	-0.23%
UAA	C	-0.23%
PATH	C	-0.23%
DOX	D	-0.23%
ARW	D	-0.23%
RHI	B	-0.22%
BWA	D	-0.22%
HRB	D	-0.21%
AGCO	D	-0.2%
HOG	D	-0.2%
QRVO	F	-0.2%
M	D	-0.16%
RUN	F	-0.14%
XRAY	F	-0.14%