TPYP vs. PFM ETF Comparison

Comparison of Tortoise North American Pipeline Fund ETF (TPYP) to PowerShares Dividend Achievers (PFM)
TPYP

Tortoise North American Pipeline Fund ETF

TPYP Description

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.47

Average Daily Volume

58,407

Number of Holdings *

35

* may have additional holdings in another (foreign) market
PFM

PowerShares Dividend Achievers

PFM Description The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$46.32

Average Daily Volume

27,833

Number of Holdings *

418

* may have additional holdings in another (foreign) market
Performance
Period TPYP PFM
30 Days 5.62% 2.22%
60 Days 13.28% 8.97%
90 Days 14.19% 8.13%
12 Months 42.53% 30.69%
11 Overlapping Holdings
Symbol Grade Weight in TPYP Weight in PFM Overlap
ATO A 3.88% 0.09% 0.09%
CPK C 0.93% 0.01% 0.01%
DKL B 0.1% 0.01% 0.01%
EPD A 3.84% 0.27% 0.27%
MPLX B 3.28% 0.2% 0.2%
NFG A 1.86% 0.02% 0.02%
NI A 3.9% 0.07% 0.07%
NJR C 1.58% 0.02% 0.02%
NWN D 0.53% 0.01% 0.01%
SR D 1.31% 0.02% 0.02%
SWX C 1.53% 0.02% 0.02%
TPYP Overweight 24 Positions Relative to PFM
Symbol Grade Weight
OKE A 7.52%
WMB A 7.32%
KMI A 6.93%
LNG A 6.61%
TRGP A 4.11%
ET A 3.9%
AM A 1.73%
PAA B 1.62%
DTM A 1.49%
WES B 1.46%
OGS C 1.42%
ENLC A 1.24%
AROC B 1.2%
SUN D 1.11%
PAGP B 0.73%
HESM C 0.63%
KNTK A 0.6%
CQP D 0.36%
USAC D 0.35%
GEL D 0.28%
GLP B 0.25%
NFE F 0.21%
EE B 0.07%
CAPL B 0.07%
TPYP Underweight 407 Positions Relative to PFM
Symbol Grade Weight
MSFT D -4.06%
AAPL C -4.01%
AVGO B -3.47%
WMT A -2.81%
JPM C -2.6%
UNH B -2.34%
XOM A -2.26%
ORCL A -2.04%
V B -1.99%
MA A -1.96%
PG D -1.76%
HD A -1.74%
COST C -1.7%
JNJ D -1.69%
ABBV C -1.51%
BAC B -1.34%
KO C -1.34%
MRK F -1.25%
CVX B -1.17%
PEP F -1.01%
LIN C -0.99%
ACN B -0.96%
MCD A -0.95%
CSCO A -0.93%
IBM A -0.88%
DHR D -0.87%
ABT C -0.86%
TXN C -0.82%
PM D -0.82%
VZ C -0.82%
CAT A -0.82%
QCOM D -0.82%
AMGN D -0.75%
NEE C -0.75%
INTU F -0.75%
MS A -0.73%
PFE D -0.71%
RTX A -0.7%
CMCSA B -0.7%
SPGI C -0.7%
GS B -0.68%
LOW C -0.67%
UNP F -0.65%
BLK A -0.61%
SYK C -0.6%
LMT A -0.6%
HON C -0.58%
ETN B -0.57%
ELV F -0.53%
PLD D -0.51%
ADI B -0.5%
MDT C -0.5%
CB A -0.5%
ADP A -0.49%
MMC D -0.48%
SBUX B -0.48%
AMT D -0.47%
BMY A -0.46%
NKE D -0.46%
KLAC B -0.45%
SO A -0.43%
MDLZ D -0.43%
UPS D -0.43%
SHW C -0.42%
ICE A -0.4%
ZTS C -0.39%
DUK C -0.39%
MO D -0.38%
TT A -0.38%
CL D -0.37%
MCO D -0.37%
WM B -0.36%
GD C -0.36%
CTAS C -0.36%
ITW C -0.34%
APH D -0.34%
CME A -0.34%
MMM C -0.33%
NOC B -0.33%
ECL C -0.32%
PNC C -0.32%
MSI A -0.32%
AON A -0.32%
USB C -0.31%
TGT C -0.31%
BDX C -0.3%
APD C -0.29%
CSX D -0.29%
MCK F -0.28%
AJG C -0.27%
AFL A -0.27%
EMR B -0.27%
RSG D -0.27%
ROP D -0.26%
TFC D -0.25%
MET A -0.25%
AEP C -0.24%
PSX D -0.24%
O C -0.24%
SRE C -0.23%
BK A -0.23%
TRV B -0.23%
ALL A -0.22%
GWW B -0.22%
KMB D -0.21%
PAYX B -0.21%
LHX A -0.2%
AMP A -0.2%
MCHP F -0.19%
PRU B -0.19%
CMI A -0.19%
PEG A -0.19%
COR F -0.19%
FAST C -0.18%
KR C -0.18%
NDAQ C -0.18%
A B -0.18%
SYY D -0.17%
GLW C -0.17%
RMD C -0.16%
ED C -0.16%
NUE D -0.16%
XEL C -0.16%
HUM F -0.16%
EXR D -0.16%
HIG A -0.15%
HPQ B -0.15%
DFS A -0.15%
TSCO A -0.14%
LYB B -0.14%
XYL C -0.14%
VMC D -0.14%
EIX C -0.14%
BRO A -0.13%
WEC B -0.13%
CDW D -0.13%
ROK D -0.13%
PPG D -0.13%
STT A -0.12%
CAH B -0.12%
K B -0.12%
HSY D -0.12%
AWK D -0.12%
ADM F -0.12%
FITB C -0.12%
ES D -0.11%
TROW D -0.11%
ERIE A -0.11%
BR B -0.11%
RJF B -0.11%
CHD D -0.11%
DOV C -0.11%
DTE B -0.11%
BBY C -0.1%
HUBB A -0.1%
AEE A -0.1%
STE D -0.1%
WSM C -0.09%
PFG A -0.09%
CLX C -0.09%
CSL A -0.09%
MKC C -0.09%
ARE D -0.09%
BAH C -0.09%
CINF A -0.09%
RF B -0.09%
CMS A -0.09%
CBOE B -0.09%
LII C -0.09%
WST D -0.09%
WRB C -0.09%
HRL F -0.08%
WSO C -0.08%
FDS C -0.08%
AVY D -0.08%
JBHT D -0.08%
MAS C -0.08%
MAA D -0.08%
EXPD D -0.08%
ESS D -0.08%
WLK C -0.08%
PKG B -0.08%
GPC D -0.08%
STLD C -0.08%
SNA C -0.07%
LNT B -0.07%
RPM A -0.07%
KEY B -0.07%
RS D -0.07%
IEX D -0.07%
SWK C -0.07%
FNF C -0.07%
TSN D -0.07%
DGX D -0.07%
SJM D -0.06%
JKHY A -0.06%
CHRW C -0.06%
EMN C -0.06%
ELS D -0.06%
REG C -0.06%
MORN B -0.06%
FIX A -0.06%
CASY D -0.06%
EVRG C -0.06%
AES C -0.06%
RGA B -0.06%
HEI C -0.06%
RNR A -0.06%
POOL D -0.06%
GGG C -0.06%
CE D -0.06%
UDR C -0.06%
NDSN C -0.06%
DPZ D -0.06%
HII F -0.05%
ATR A -0.05%
WTRG D -0.05%
BEN F -0.05%
REXR D -0.05%
AOS C -0.05%
LECO D -0.05%
RRX B -0.05%
UNM A -0.05%
ALB D -0.05%
AFG A -0.05%
SCI D -0.05%
IPG D -0.05%
CUBE C -0.05%
ITT C -0.05%
SSD B -0.04%
ENSG D -0.04%
OGE C -0.04%
AIT B -0.04%
LAD C -0.04%
NNN C -0.04%
DCI B -0.04%
EGP D -0.04%
INGR B -0.04%
TTC F -0.04%
CHE D -0.04%
SEIC B -0.04%
RGLD C -0.04%
PRI A -0.04%
ORI A -0.04%
GL C -0.04%
MKTX B -0.04%
EVR C -0.04%
CHDN C -0.04%
PNW C -0.04%
AIZ B -0.04%
CADE B -0.03%
EXPO A -0.03%
THO C -0.03%
TKR B -0.03%
CBT B -0.03%
R C -0.03%
BMI A -0.03%
TRNO D -0.03%
LFUS C -0.03%
OSK F -0.03%
AXS A -0.03%
FAF C -0.03%
BOKF B -0.03%
PB D -0.03%
MSA F -0.03%
ZION D -0.03%
RLI A -0.03%
RHI D -0.03%
STAG D -0.03%
CFR B -0.03%
AGCO D -0.03%
WTFC B -0.03%
SSB C -0.03%
FR D -0.03%
ADC C -0.03%
CBSH D -0.03%
WBA F -0.03%
UFPI C -0.03%
WDFC B -0.02%
NWE C -0.02%
MAN D -0.02%
PRGO F -0.02%
GFF C -0.02%
CCOI B -0.02%
POWI F -0.02%
IBOC D -0.02%
CNO B -0.02%
KAI C -0.02%
BKH C -0.02%
FUL F -0.02%
ASH F -0.02%
AGO B -0.02%
AVNT C -0.02%
DDS D -0.02%
PII D -0.02%
GATX F -0.02%
CNS C -0.02%
FELE C -0.02%
POR D -0.02%
FLO D -0.02%
OZK D -0.02%
LANC F -0.02%
AVT B -0.02%
MATX C -0.02%
UBSI D -0.02%
AL D -0.02%
UMBF C -0.02%
IDA D -0.02%
UGI C -0.02%
NXST D -0.02%
FFIN D -0.02%
THG A -0.02%
SON D -0.02%
HOMB D -0.02%
MDU C -0.02%
SLGN B -0.02%
SIGI D -0.02%
WTS C -0.02%
BCPC C -0.02%
BC C -0.02%
MSEX C -0.01%
SCVL D -0.01%
TR D -0.01%
WABC F -0.01%
UVV D -0.01%
LNN C -0.01%
TCBK D -0.01%
HMN B -0.01%
CSGS B -0.01%
SRCE D -0.01%
APOG B -0.01%
STBA D -0.01%
LKFN D -0.01%
ANDE D -0.01%
GTY C -0.01%
SCL D -0.01%
CHCO D -0.01%
AGM D -0.01%
WSBC D -0.01%
TNC F -0.01%
SYBT C -0.01%
SJW D -0.01%
NHC D -0.01%
HI F -0.01%
LMAT A -0.01%
WOR F -0.01%
NBTB D -0.01%
SXI B -0.01%
FRME D -0.01%
MTRN F -0.01%
TOWN C -0.01%
INDB D -0.01%
HNI B -0.01%
HWKN B -0.01%
SFNC B -0.01%
TRN C -0.01%
WAFD D -0.01%
IOSP F -0.01%
ABR C -0.01%
KWR F -0.01%
AVA D -0.01%
WSFS D -0.01%
AWR B -0.01%
CBU D -0.01%
CWT D -0.01%
FIBK C -0.01%
ASB D -0.01%
OTTR F -0.01%
NSP F -0.01%
MGEE C -0.01%
JJSF C -0.01%
ABM D -0.01%
AUB D -0.01%
BRC C -0.01%
BANF D -0.01%
FLIC B -0.0%
BMRC D -0.0%
JOUT F -0.0%
ARTNA F -0.0%
ODC D -0.0%
HVT F -0.0%
CTO D -0.0%
AROW D -0.0%
THFF D -0.0%
HIFS D -0.0%
YORW F -0.0%
WASH C -0.0%
CASS F -0.0%
UHT D -0.0%
PLOW D -0.0%
SMBC B -0.0%
GSBC D -0.0%
HBNC D -0.0%
MBWM D -0.0%
MATW F -0.0%
HFWA D -0.0%
SPTN C -0.0%
FCBC D -0.0%
TMP C -0.0%
PFC D -0.0%
MNRO B -0.0%
HY D -0.0%
CTBI B -0.0%
AMSF B -0.0%
SBSI D -0.0%
GRC B -0.0%
GABC D -0.0%
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