VLUE vs. PUI ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to PowerShares Dynamic Utilities (PUI)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$112.86

Average Daily Volume

327,542

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

PUI

PowerShares Dynamic Utilities

PUI Description

The PowerShares Dynamic Utilities Portfolio (Fund) is based on the Dynamic Utilities IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US utilities companies. These companies are principally engaged in providing either energy, water, natural gas or telecommunications services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$42.36

Average Daily Volume

8,330

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	PUI
30 Days	3.29%	5.64%
60 Days	4.96%	6.46%
90 Days	6.43%	12.60%
12 Months	24.26%	38.52%

6 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in PUI	Overlap
ATO	A	0.23%	3.65%	0.23%
ES	C	0.22%	2.35%	0.22%
EVRG	A	0.27%	2.86%	0.27%
PCG	A	0.63%	3.74%	0.63%
T	A	6.04%	3.27%	3.27%
VST	A	0.45%	5.04%	0.45%

VLUE Overweight 142 Positions Relative to PUI

Symbol	Grade	Weight
CSCO	B	6.43%
IBM	C	3.86%
INTC	C	3.65%
GM	C	3.6%
VZ	C	2.91%
AMAT	F	2.37%
BAC	A	2.25%
PFE	F	2.07%
WFC	A	1.92%
C	A	1.78%
RTX	D	1.77%
F	C	1.68%
BMY	B	1.55%
LEN	D	1.49%
CVS	D	1.46%
MO	A	1.45%
GS	A	1.43%
DHI	F	1.4%
HPE	B	1.4%
CI	D	1.37%
GILD	C	1.29%
SPG	A	1.26%
HPQ	B	1.19%
FDX	B	1.18%
NXPI	D	1.12%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
ELV	F	0.97%
PHM	D	0.94%
DELL	B	0.84%
VLO	C	0.78%
URI	C	0.77%
PCAR	B	0.76%
KR	B	0.75%
KHC	F	0.74%
WBD	B	0.7%
ON	D	0.67%
COF	C	0.66%
ADM	D	0.65%
JCI	B	0.61%
FANG	C	0.6%
CMI	A	0.6%
CNC	D	0.57%
WY	F	0.55%
TFC	A	0.54%
LHX	C	0.53%
NTAP	C	0.52%
AIG	B	0.5%
EXPE	B	0.48%
USB	A	0.48%
D	C	0.47%
ZM	C	0.47%
BK	A	0.47%
MET	A	0.46%
SWKS	F	0.46%
VTRS	A	0.45%
PRU	A	0.45%
NUE	C	0.45%
MRO	B	0.44%
TSN	B	0.44%
GEN	B	0.42%
FSLR	F	0.38%
BBY	D	0.38%
TAP	C	0.38%
FFIV	B	0.37%
BLDR	D	0.36%
OC	A	0.36%
CTRA	B	0.35%
TWLO	A	0.34%
FOXA	A	0.33%
OVV	B	0.33%
JNPR	D	0.33%
WAB	B	0.32%
PPL	A	0.32%
JBL	C	0.31%
MTB	A	0.31%
EQT	B	0.28%
PARA	C	0.27%
STLD	B	0.27%
CFG	B	0.26%
STT	B	0.26%
SSNC	B	0.25%
DAL	B	0.25%
LKQ	F	0.24%
SYF	B	0.24%
LH	B	0.24%
TXT	D	0.24%
UTHR	C	0.23%
AZPN	A	0.23%
SNA	A	0.23%
DOW	F	0.23%
CAG	F	0.23%
HST	C	0.23%
WBA	F	0.22%
SJM	D	0.22%
LYB	F	0.22%
HIG	B	0.22%
FITB	B	0.21%
GPN	B	0.21%
BG	D	0.2%
EXE	A	0.2%
RF	A	0.2%
LDOS	C	0.19%
IP	A	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	C	0.19%
FOX	A	0.18%
UHS	D	0.18%
QRVO	F	0.18%
EG	C	0.17%
MOS	F	0.17%
CNH	C	0.17%
HBAN	A	0.17%
CF	A	0.16%
DINO	D	0.16%
APA	D	0.15%
AKAM	D	0.14%
SOLV	D	0.14%
L	A	0.13%
APTV	F	0.13%
CPT	B	0.13%
SW	A	0.13%
KEY	B	0.13%
FCNCA	A	0.12%
EQH	C	0.12%
ACI	C	0.12%
LUV	C	0.12%
UHAL	D	0.11%
FBIN	D	0.11%
NLY	C	0.11%
ALLY	C	0.1%
SWK	D	0.1%
EMN	C	0.1%
FNF	B	0.09%
HII	F	0.09%
DVA	C	0.08%
BEN	C	0.06%
WLK	D	0.05%
BIO	C	0.05%

VLUE Underweight 27 Positions Relative to PUI

Symbol	Grade	Weight
OKE	A	-4.27%
LUMN	C	-3.73%
SRE	A	-3.63%
NI	A	-3.59%
WEC	A	-3.49%
PEG	A	-3.46%
DUK	C	-3.42%
XEL	A	-3.42%
CEG	C	-3.41%
NRG	B	-3.27%
AWK	C	-3.05%
SO	C	-3.05%
DTE	C	-2.99%
CMS	C	-2.98%
LNT	A	-2.91%
CNP	A	-2.86%
AEE	A	-2.76%
PNW	A	-2.72%
IDA	A	-2.68%
EIX	B	-2.49%
FE	C	-2.46%
AEP	C	-2.4%
ED	C	-2.33%
NFG	A	-2.32%
NJR	A	-2.29%
OTTR	C	-2.15%
NOVA	F	-0.87%