VPU vs. PUI ETF Comparison

Comparison of Vanguard Utilities ETF - DNQ (VPU) to PowerShares Dynamic Utilities (PUI)

VPU

Vanguard Utilities ETF - DNQ

VPU Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Utilities 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the utilities sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$176.73

Average Daily Volume

210,461

Number of Holdings ^*

* 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	VPU	PUI
30 Days	0.94%	5.64%
60 Days	3.03%	6.46%
90 Days	9.04%	12.60%
12 Months	35.77%	38.52%

30 Overlapping Holdings

Symbol	Grade	Weight in VPU	Weight in PUI	Overlap
AEE	A	1.75%	2.76%	1.75%
AEP	C	3.93%	2.4%	2.4%
ATO	A	1.58%	3.65%	1.58%
AWK	C	2.03%	3.05%	2.03%
CEG	C	6.26%	3.41%	3.41%
CMS	C	1.57%	2.98%	1.57%
CNP	A	1.32%	2.86%	1.32%
DTE	C	1.94%	2.99%	1.94%
DUK	C	6.71%	3.42%	3.42%
ED	C	2.65%	2.33%	2.33%
EIX	B	2.39%	2.49%	2.39%
ES	C	1.75%	2.35%	1.75%
EVRG	A	1.05%	2.86%	1.05%
FE	C	1.73%	2.46%	1.73%
IDA	A	0.4%	2.68%	0.4%
LNT	A	1.16%	2.91%	1.16%
NFG	A	0.4%	2.32%	0.4%
NI	A	1.19%	3.59%	1.19%
NJR	A	0.34%	2.29%	0.34%
NOVA	F	0.05%	0.87%	0.05%
NRG	B	1.42%	3.27%	1.42%
OTTR	C	0.22%	2.15%	0.22%
PCG	A	3.1%	3.74%	3.1%
PEG	A	3.36%	3.46%	3.36%
PNW	A	0.75%	2.72%	0.75%
SO	C	7.22%	3.05%	3.05%
SRE	A	3.98%	3.63%	3.63%
VST	A	3.28%	5.04%	3.28%
WEC	A	2.28%	3.49%	2.28%
XEL	A	2.8%	3.42%	2.8%

VPU Overweight 36 Positions Relative to PUI

Symbol	Grade	Weight
NEE	C	12.29%
D	C	3.77%
EXC	C	2.97%
ETR	B	2.49%
PPL	A	1.81%
AES	F	0.88%
WTRG	B	0.76%
OGE	A	0.61%
UGI	C	0.38%
POR	C	0.37%
SWX	B	0.32%
ORA	B	0.32%
BKH	A	0.31%
OGS	A	0.3%
SR	A	0.28%
ALE	A	0.28%
PNM	B	0.28%
MGEE	B	0.25%
NWE	B	0.25%
CWT	C	0.23%
AWR	B	0.23%
AVA	A	0.22%
AGR	A	0.21%
CPK	A	0.2%
CWEN	C	0.18%
NEP	F	0.14%
HE	C	0.13%
SJW	F	0.13%
NWN	A	0.11%
MSEX	C	0.08%
CWEN	C	0.07%
UTL	B	0.07%
YORW	F	0.04%
AMPS	C	0.02%
MNTK	F	0.02%
ARTNA	F	0.02%

VPU Underweight 3 Positions Relative to PUI

Symbol	Grade	Weight
OKE	A	-4.27%
LUMN	C	-3.73%
T	A	-3.27%