SPHQ vs. MPAY ETF Comparison

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

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500® High Quality Portfolio (Fund) is based on the S&P 500® 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

$68.34

Average Daily Volume

861,359

Number of Holdings ^*

99

* 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

$25.89

Average Daily Volume

811

Number of Holdings ^*

51

* may have additional holdings in another (foreign) market

Performance

Period	SPHQ	MPAY
30 Days	2.20%	1.35%
60 Days	1.70%	0.61%
90 Days	3.87%	2.24%
12 Months	32.58%	24.38%

19 Overlapping Holdings

	Symbol	Grade	Weight in SPHQ	Weight in MPAY	Overlap
	AAPL	C	4.97%	5.94%	4.97%
	ADBE	C	2.87%	1.57%	1.57%
	ADP	B	2.01%	1.24%	1.24%
	AMAT	F	1.68%	1.45%	1.45%
	CAT	B	2.01%	1.28%	1.28%
	COST	B	4.29%	1.77%	1.77%
	CSCO	B	2.61%	1.28%	1.28%
	INTU	C	1.83%	1.3%	1.3%
	JNJ	D	4.84%	1.46%	1.46%
	KLAC	D	1.05%	1.32%	1.05%
	LMT	D	1.65%	1.23%	1.23%
	MA	C	5.45%	1.76%	1.76%
	MSFT	F	4.5%	5.7%	4.5%
	NFLX	A	4.24%	1.44%	1.44%
	NKE	D	1.08%	1.25%	1.08%
	PEP	F	2.26%	1.25%	1.25%
	QCOM	F	2.2%	1.36%	1.36%
	TJX	A	1.54%	1.28%	1.28%
	V	A	5.29%	1.77%	1.77%

SPHQ Overweight 80 Positions Relative to MPAY

	Symbol	Grade	Weight
	AVGO	D	5.28%
	PG	A	3.89%
	GE	D	2.02%
	PGR	A	1.63%
	PANW	C	1.24%
	ITW	B	1.16%
	LRCX	F	1.06%
	SHW	A	1.01%
	MDLZ	F	0.9%
	EMR	A	0.88%
	AMP	A	0.86%
	ADSK	A	0.86%
	CTAS	B	0.76%
	ZTS	D	0.74%
	MCO	B	0.73%
	PAYX	C	0.66%
	IT	C	0.64%
	GWW	B	0.59%
	FAST	B	0.59%
	MPC	D	0.58%
	CMI	A	0.57%
	KMB	D	0.52%
	ROST	C	0.47%
	KVUE	A	0.46%
	COR	B	0.46%
	VRSK	A	0.45%
	MLM	B	0.44%
	VLO	C	0.44%
	MCHP	D	0.43%
	LEN	D	0.42%
	ACGL	D	0.41%
	ROK	B	0.4%
	IDXX	F	0.4%
	GEHC	F	0.4%
	MNST	C	0.4%
	LULU	C	0.38%
	SYY	B	0.37%
	A	D	0.37%
	EA	A	0.37%
	CTSH	B	0.37%
	VMC	B	0.37%
	CNC	D	0.36%
	EBAY	D	0.34%
	DD	D	0.32%
	NVR	D	0.3%
	DECK	A	0.29%
	BR	A	0.27%
	BALL	D	0.27%
	KEYS	A	0.26%
	ADM	D	0.26%
	K	A	0.26%
	HSY	F	0.26%
	VLTO	D	0.26%
	TROW	B	0.26%
	CDW	F	0.25%
	CLX	B	0.24%
	BLDR	D	0.24%
	CINF	A	0.23%
	LH	C	0.23%
	EXPD	D	0.21%
	ULTA	F	0.21%
	LYB	F	0.21%
	OMC	C	0.2%
	STE	F	0.2%
	BAX	D	0.19%
	POOL	C	0.19%
	JBL	B	0.19%
	HOLX	D	0.17%
	EG	C	0.16%
	FFIV	B	0.15%
	CHRW	C	0.14%
	SWKS	F	0.14%
	JKHY	D	0.13%
	AOS	F	0.11%
	APA	D	0.1%
	MKTX	D	0.1%
	BWA	D	0.1%
	PAYC	B	0.1%
	RL	B	0.09%
	SOLV	C	0.09%

SPHQ Underweight 32 Positions Relative to MPAY

	Symbol	Grade	Weight
	NVDA	C	-6.38%
	AMZN	C	-4.97%
	GOOGL	C	-4.73%
	GLDM	C	-3.6%
	IAUM	C	-3.36%
	LLY	F	-3.04%
	WMT	A	-2.21%
	TSLA	B	-1.83%
	ORCL	B	-1.78%
	UNH	C	-1.74%
	HD	A	-1.74%
	XOM	B	-1.55%
	MRK	F	-1.53%
	NOW	A	-1.46%
	ABBV	D	-1.45%
	CRM	B	-1.43%
	LOW	D	-1.37%
	ACN	C	-1.34%
	CVX	A	-1.32%
	MCD	D	-1.31%
	HCA	F	-1.28%
	FTNT	C	-1.28%
	PM	B	-1.27%
	LIN	D	-1.27%
	BKNG	A	-1.26%
	AZO	C	-1.24%
	ABNB	C	-1.23%
	TXN	C	-1.23%
	ABT	B	-1.23%
	UPS	C	-1.22%
	RTX	C	-1.19%
	DELL	C	-1.02%

SPHQ: Top Represented Industries & Keywords

Industries: Business Services Diversified Industrials Software - Application Household & Personal Products Semiconductors Apparel Stores Building Materials Diagnostics & Research Information Technology Services Medical Instruments & Supplies Semiconductor Equipment & Materials Asset Management Beverages - Soft Drinks Capital Markets Confectioners Credit Services Footwear & Accessories Health Information Services Industrial Distribution Insurance - Property & Casualty

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Clothing Insurance Semiconductor Department Store Acid Aerospace Building Materials Construction Electronics Integrated Circuits Mobile Devices Work From Home CRM Casualty Insurance E Commerce E-Commerce

MPAY: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Major Semiconductors Aerospace & Defense Credit Services Discount Stores Home Improvement Stores Oil & Gas Integrated Semiconductor Equipment & Materials Software - Infrastructure Specialty Retail Apparel Stores Auto Manufacturers Beverages - Soft Drinks Business Services Communication Equipment Computer Systems Consumer Electronics Farm & Construction Equipment Footwear & Accessories

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Computing Work From Home Cloud Computing Electronics Mobile Devices Smartphones CRM IBD 50 Integrated Circuits Operating System Pharmaceutical Products Retailing Software Software Development Aerospace Alcohol Chemical