SPHQ vs. FTA ETF Comparison

Comparison of PowerShares S&P 500 High Quality Portfolio (SPHQ) to First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index (FTA)

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings 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 exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$66.93

Average Daily Volume

1,016,437

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTA

First Trust Large Cap Value AlphaDEX Fund (based onthe Defined Large Cap Value Index

FTA Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Large Cap Value Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P 500(R) Value Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$79.16

Average Daily Volume

35,869

Number of Holdings ^*

186

* may have additional holdings in another (foreign) market

Performance

Period	SPHQ	FTA
30 Days	2.28%	2.23%
60 Days	9.19%	8.56%
90 Days	3.91%	9.43%
12 Months	36.54%	27.63%

30 Overlapping Holdings

Symbol	Grade	Weight in SPHQ	Weight in FTA	Overlap
ACGL	A	0.46%	0.94%	0.46%
ADM	F	0.3%	0.83%	0.3%
CINF	A	0.21%	0.96%	0.21%
CMI	A	0.52%	0.19%	0.19%
CNC	F	0.47%	0.75%	0.47%
CSCO	A	2.42%	0.37%	0.37%
CTSH	B	0.36%	0.76%	0.36%
DD	C	0.35%	0.18%	0.18%
EBAY	A	0.36%	0.8%	0.36%
EG	A	0.17%	0.87%	0.17%
EXPD	D	0.23%	0.17%	0.17%
HSY	D	0.28%	0.35%	0.28%
JBL	C	0.18%	0.55%	0.18%
JNJ	D	5.22%	0.37%	0.37%
K	B	0.26%	0.23%	0.23%
KMB	D	0.56%	0.17%	0.17%
KVUE	C	0.45%	0.21%	0.21%
LEN	C	0.47%	1.04%	0.47%
LMT	A	1.81%	0.42%	0.42%
LYB	B	0.25%	0.67%	0.25%
MDLZ	D	1.02%	0.18%	0.18%
MPC	D	0.6%	0.79%	0.6%
NKE	D	1.27%	0.19%	0.19%
OMC	C	0.2%	0.38%	0.2%
POOL	D	0.2%	0.2%	0.2%
QCOM	D	2.3%	0.14%	0.14%
SWKS	F	0.16%	0.45%	0.16%
SYY	D	0.39%	0.18%	0.18%
TROW	D	0.24%	0.63%	0.24%
VLO	F	0.43%	0.72%	0.43%

SPHQ Overweight 68 Positions Relative to FTA

Symbol	Grade	Weight
AVGO	B	5.4%
MA	A	5.22%
AAPL	C	5.12%
V	B	4.76%
MSFT	D	4.57%
COST	C	4.15%
PG	D	4.08%
NFLX	A	3.62%
ADBE	F	2.83%
PEP	F	2.35%
GE	B	2.16%
CAT	A	2.05%
ADP	A	1.86%
AMAT	C	1.85%
INTU	F	1.64%
PGR	B	1.62%
TJX	D	1.53%
KLAC	B	1.28%
LRCX	D	1.17%
ITW	C	1.14%
PANW	B	1.09%
SHW	C	1.0%
ZTS	C	0.84%
ADSK	B	0.78%
EMR	B	0.75%
MCO	D	0.73%
AMP	A	0.72%
CTAS	C	0.72%
IT	A	0.61%
PAYX	B	0.61%
MCHP	F	0.54%
GWW	B	0.53%
FAST	C	0.52%
ROST	D	0.5%
IDXX	D	0.48%
GEHC	C	0.46%
VRSK	D	0.43%
COR	F	0.43%
A	B	0.42%
MLM	F	0.41%
ROK	D	0.38%
MNST	D	0.38%
EA	D	0.33%
VMC	D	0.33%
LULU	D	0.32%
CDW	D	0.31%
NVR	C	0.31%
BALL	C	0.3%
VLTO	A	0.28%
DECK	B	0.27%
KEYS	B	0.27%
BR	B	0.26%
BLDR	C	0.26%
CLX	C	0.24%
BAX	D	0.23%
ULTA	D	0.22%
STE	D	0.22%
HOLX	D	0.18%
CHRW	C	0.14%
FFIV	B	0.14%
JKHY	A	0.13%
AOS	C	0.13%
BWA	C	0.11%
SOLV	C	0.1%
APA	F	0.1%
MKTX	B	0.09%
PAYC	D	0.08%
RL	B	0.08%

SPHQ Underweight 156 Positions Relative to FTA

Symbol	Grade	Weight
DHI	C	-1.13%
FOXA	B	-1.03%
ETR	A	-1.02%
UAL	A	-0.99%
EXC	C	-0.97%
T	B	-0.96%
CF	A	-0.96%
BRK.A	B	-0.94%
CMCSA	B	-0.89%
SYF	A	-0.88%
APTV	D	-0.88%
CVS	D	-0.87%
GPN	F	-0.87%
CE	D	-0.86%
GM	D	-0.84%
MKL	B	-0.83%
EQT	C	-0.82%
XEL	C	-0.81%
EOG	B	-0.81%
STLD	C	-0.81%
AEE	A	-0.81%
UHAL	C	-0.8%
ATO	A	-0.79%
NUE	D	-0.79%
HPE	B	-0.79%
AEP	C	-0.78%
HIG	A	-0.78%
CVX	B	-0.78%
ED	C	-0.78%
MTB	A	-0.77%
PSX	D	-0.77%
CFG	C	-0.76%
PCG	C	-0.76%
CB	A	-0.76%
CAG	D	-0.76%
BG	F	-0.76%
COP	D	-0.76%
WBD	F	-0.75%
SNA	C	-0.74%
HBAN	B	-0.74%
SJM	D	-0.74%
CTRA	D	-0.74%
VTRS	D	-0.73%
IPG	D	-0.73%
VZ	C	-0.73%
KMI	A	-0.73%
KHC	F	-0.73%
F	D	-0.72%
COF	A	-0.72%
FANG	D	-0.71%
L	C	-0.7%
DVN	F	-0.69%
LNG	A	-0.69%
OXY	D	-0.68%
RS	D	-0.68%
OC	C	-0.67%
XOM	A	-0.67%
AIG	C	-0.66%
LKQ	F	-0.65%
WFC	B	-0.63%
BEN	F	-0.62%
AFL	A	-0.6%
EIX	C	-0.59%
BBY	C	-0.59%
WEC	B	-0.59%
CMS	A	-0.58%
STT	A	-0.58%
HAL	D	-0.57%
D	A	-0.57%
ZM	B	-0.57%
GIS	C	-0.57%
FITB	C	-0.57%
WPC	C	-0.56%
USB	C	-0.56%
DTE	B	-0.56%
RF	B	-0.56%
FE	C	-0.56%
DUK	C	-0.56%
DE	C	-0.55%
TDY	A	-0.55%
DGX	D	-0.55%
KR	C	-0.55%
JBHT	D	-0.53%
INCY	B	-0.53%
CHTR	D	-0.53%
SRE	C	-0.53%
EQR	C	-0.52%
TXT	F	-0.5%
BKR	B	-0.5%
LUV	B	-0.5%
ZBH	F	-0.49%
TEL	D	-0.49%
C	B	-0.48%
BAC	B	-0.48%
CRBG	B	-0.48%
CNP	B	-0.46%
PYPL	A	-0.45%
FDX	F	-0.44%
HCA	C	-0.42%
FNF	C	-0.41%
WY	C	-0.4%
NEE	C	-0.4%
PEG	A	-0.4%
LOW	C	-0.4%
TRV	B	-0.39%
APD	C	-0.39%
KEY	B	-0.39%
PNC	C	-0.39%
SSNC	C	-0.39%
KIM	C	-0.39%
PKG	B	-0.39%
INTC	D	-0.38%
MDT	C	-0.38%
MOH	F	-0.38%
GS	B	-0.37%
OKE	A	-0.37%
KDP	C	-0.37%
DOV	C	-0.36%
PPG	D	-0.36%
MS	A	-0.36%
WRB	C	-0.36%
CPB	D	-0.36%
ARE	D	-0.35%
DOW	B	-0.35%
HRL	F	-0.35%
TGT	C	-0.35%
EPAM	F	-0.35%
HPQ	B	-0.34%
GPC	D	-0.34%
UPS	D	-0.33%
CBRE	C	-0.22%
BLK	A	-0.2%
VTR	C	-0.2%
TRGP	A	-0.19%
JCI	C	-0.19%
MKC	C	-0.19%
WMT	A	-0.19%
ABT	C	-0.18%
CTVA	A	-0.18%
PFG	A	-0.18%
MAA	D	-0.18%
J	F	-0.18%
AWK	D	-0.18%
PRU	B	-0.17%
GD	C	-0.17%
WLK	C	-0.17%
TSN	D	-0.17%
LHX	A	-0.17%
CI	D	-0.17%
TSCO	A	-0.17%
ELV	F	-0.16%
RJF	B	-0.16%
REGN	D	-0.16%
BIIB	F	-0.14%
HUM	F	-0.14%
DG	F	-0.11%