WOMN vs. PFM ETF Comparison

Comparison of Impact Shares YWCA Womenas Empowerment ETF (WOMN) to PowerShares Dividend Achievers (PFM)

WOMN

Impact Shares YWCA Womenas Empowerment ETF

WOMN Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar® Women's Empowerment Index (the "underlying index"). The fund will, under normal circumstances, invest at least 80% of its total assets plus any borrowings for investment purposes (the "80% basket") in component securities of the underlying index. The underlying index is designed to measure the performance of U.S. large and mid- capitalization companies that are "empowering to women," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index (the "parent index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.57

Average Daily Volume

4,050

Number of Holdings ^*

198

* 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

$46.40

Average Daily Volume

27,422

Number of Holdings ^*

418

* may have additional holdings in another (foreign) market

Performance

Period	WOMN	PFM
30 Days	3.06%	3.29%
60 Days	5.90%	5.70%
90 Days	7.40%	8.12%
12 Months	26.83%	25.25%

100 Overlapping Holdings

Symbol	Grade	Weight in WOMN	Weight in PFM	Overlap
A	C	0.13%	0.18%	0.13%
AAPL	C	5.02%	4.29%	4.29%
ABBV	C	1.55%	1.52%	1.52%
ACN	C	1.9%	0.97%	0.97%
ADM	D	0.15%	0.13%	0.13%
ADP	B	0.5%	0.5%	0.5%
AEP	C	0.23%	0.24%	0.23%
ALB	D	0.05%	0.05%	0.05%
ALL	B	0.21%	0.22%	0.21%
AMGN	B	0.82%	0.78%	0.78%
AMP	A	0.21%	0.19%	0.19%
AMT	C	0.49%	0.49%	0.49%
APD	B	0.27%	0.27%	0.27%
AWK	B	0.11%	0.13%	0.11%
BAC	D	1.25%	1.34%	1.25%
BAH	C	0.09%	0.09%	0.09%
BBY	C	0.16%	0.09%	0.09%
BK	B	0.22%	0.23%	0.22%
BLK	B	0.6%	0.58%	0.58%
BMY	C	0.43%	0.43%	0.43%
CAH	C	0.13%	0.12%	0.12%
CE	F	0.06%	0.06%	0.06%
CHD	D	0.11%	0.11%	0.11%
CL	D	0.39%	0.39%	0.39%
CLX	C	0.08%	0.09%	0.08%
CMI	C	0.2%	0.18%	0.18%
CMS	C	0.09%	0.09%	0.09%
CSCO	C	1.92%	0.88%	0.88%
CVX	D	1.31%	1.14%	1.14%
ECL	B	0.27%	0.32%	0.27%
ED	C	0.16%	0.16%	0.16%
EIX	C	0.15%	0.14%	0.14%
ELS	C	0.05%	0.06%	0.05%
ELV	C	0.59%	0.56%	0.56%
EMR	D	0.28%	0.26%	0.26%
ESS	B	0.08%	0.09%	0.08%
ETN	C	0.59%	0.54%	0.54%
FITB	B	0.13%	0.13%	0.13%
GWW	B	0.19%	0.22%	0.19%
HIG	B	0.16%	0.15%	0.15%
HPQ	D	0.36%	0.14%	0.14%
HSY	C	0.13%	0.13%	0.13%
IBM	B	1.64%	0.86%	0.86%
INTU	C	1.56%	0.8%	0.8%
IPG	C	0.06%	0.05%	0.05%
JNJ	C	1.82%	1.75%	1.75%
K	B	0.09%	0.12%	0.09%
KEY	B	0.08%	0.07%	0.07%
KMB	D	0.22%	0.21%	0.21%
KO	C	1.25%	1.36%	1.25%
KR	C	0.17%	0.18%	0.17%
LNT	B	0.07%	0.07%	0.07%
MA	B	1.77%	2.01%	1.77%
MCD	B	2.04%	0.93%	0.93%
MCO	B	0.33%	0.39%	0.33%
MDLZ	B	0.47%	0.44%	0.44%
MET	B	0.22%	0.24%	0.22%
MMM	B	0.33%	0.32%	0.32%
MRK	D	1.3%	1.29%	1.29%
MS	D	0.6%	0.69%	0.6%
MSFT	C	2.49%	3.81%	2.49%
MSI	B	0.63%	0.32%	0.32%
NI	B	0.06%	0.07%	0.06%
PAYX	C	0.18%	0.21%	0.18%
PEG	B	0.18%	0.18%	0.18%
PEP	C	1.17%	1.08%	1.08%
PFG	B	0.08%	0.08%	0.08%
PG	C	1.82%	1.81%	1.81%
PNW	C	0.04%	0.04%	0.04%
PPG	D	0.13%	0.13%	0.13%
PRU	C	0.19%	0.18%	0.18%
PSX	F	0.26%	0.23%	0.23%
REXR	C	0.05%	0.05%	0.05%
RF	B	0.1%	0.09%	0.09%
RHI	D	0.03%	0.03%	0.03%
RJF	C	0.1%	0.11%	0.1%
ROK	D	0.14%	0.13%	0.13%
RSG	D	0.19%	0.28%	0.19%
SBUX	C	1.03%	0.5%	0.5%
SCI	B	0.11%	0.05%	0.05%
SJM	C	0.06%	0.06%	0.06%
SPGI	B	0.7%	0.72%	0.7%
SRE	C	0.23%	0.23%	0.23%
STT	A	0.11%	0.11%	0.11%
SWK	B	0.07%	0.07%	0.07%
TEL	D	0.43%	0.19%	0.19%
TGT	C	0.36%	0.3%	0.3%
TROW	D	0.11%	0.1%	0.1%
TT	B	0.39%	0.36%	0.36%
UNH	C	2.47%	2.39%	2.39%
UNP	C	0.71%	0.67%	0.67%
UPS	D	0.43%	0.41%	0.41%
USB	B	0.35%	0.3%	0.3%
V	C	1.94%	1.99%	1.94%
VZ	B	0.82%	0.82%	0.82%
WM	D	0.37%	0.37%	0.37%
WMT	C	0.73%	2.84%	0.73%
WSM	D	0.15%	0.08%	0.08%
XOM	C	2.53%	2.21%	2.21%
XYL	C	0.15%	0.14%	0.14%

WOMN Overweight 98 Positions Relative to PFM

Symbol	Grade	Weight
META	B	4.85%
AMZN	C	4.47%
LLY	C	3.49%
CRM	D	2.27%
ADBE	F	2.23%
NOW	B	1.42%
UBER	C	1.22%
WFC	D	0.95%
GE	B	0.88%
INTC	F	0.81%
NFLX	B	0.72%
AXP	B	0.7%
PGR	B	0.67%
COP	D	0.65%
C	C	0.56%
REGN	C	0.55%
VRTX	D	0.54%
WDAY	D	0.51%
CI	C	0.5%
GM	C	0.49%
F	F	0.46%
GILD	B	0.46%
ADSK	C	0.45%
EQIX	C	0.39%
MPWR	C	0.36%
TMUS	C	0.36%
YUM	D	0.36%
PYPL	B	0.34%
WELL	C	0.33%
LULU	D	0.29%
EBAY	B	0.29%
DECK	C	0.28%
CARR	B	0.26%
HUBS	D	0.26%
NEM	B	0.26%
NSC	C	0.25%
KEYS	C	0.25%
ANSS	D	0.25%
FTV	C	0.24%
AIG	D	0.24%
WMB	B	0.24%
COF	B	0.24%
D	C	0.23%
JCI	B	0.22%
TYL	C	0.22%
EXC	C	0.19%
GIS	B	0.19%
HPE	D	0.19%
CTVA	B	0.18%
PCG	C	0.18%
VRSK	D	0.17%
BKR	C	0.17%
DOW	D	0.17%
DASH	C	0.17%
OXY	F	0.17%
KHC	C	0.16%
EA	D	0.16%
IR	C	0.16%
CBRE	A	0.16%
IRM	C	0.15%
DD	B	0.15%
EXPE	C	0.15%
GPN	D	0.14%
OKTA	F	0.14%
VST	C	0.14%
WTW	C	0.13%
BIIB	F	0.13%
IFF	B	0.12%
ETR	B	0.12%
DAL	C	0.12%
VTR	C	0.11%
EL	F	0.11%
PPL	C	0.1%
SYF	C	0.09%
BAX	C	0.09%
OMC	B	0.09%
INVH	C	0.09%
HBAN	B	0.09%
BMRN	F	0.08%
CNP	C	0.08%
DAY	D	0.08%
PINS	F	0.08%
NTRS	A	0.08%
TRU	B	0.08%
CAG	C	0.07%
OC	D	0.07%
LUV	C	0.07%
DOC	C	0.07%
HST	C	0.06%
ETSY	F	0.06%
PNR	B	0.06%
TAP	D	0.05%
CPB	C	0.05%
Z	B	0.04%
CFG	C	0.04%
MTCH	C	0.04%
AGR	B	0.01%
ZG	B	0.01%

WOMN Underweight 318 Positions Relative to PFM

Symbol	Grade	Weight
AVGO	C	-3.37%
JPM	D	-2.62%
ORCL	C	-1.96%
COST	B	-1.79%
HD	B	-1.64%
LIN	B	-0.99%
ABT	C	-0.9%
DHR	B	-0.89%
PM	C	-0.86%
QCOM	D	-0.81%
TXN	C	-0.79%
NEE	C	-0.76%
PFE	C	-0.73%
CAT	B	-0.73%
RTX	C	-0.71%
GS	C	-0.68%
CMCSA	D	-0.68%
LOW	B	-0.64%
SYK	C	-0.62%
LMT	C	-0.6%
HON	D	-0.59%
MDT	C	-0.53%
PLD	C	-0.53%
CB	B	-0.52%
MMC	C	-0.5%
ADI	C	-0.49%
KLAC	D	-0.44%
SO	B	-0.43%
NKE	D	-0.42%
SHW	B	-0.42%
ICE	C	-0.41%
DUK	C	-0.4%
MO	C	-0.4%
ZTS	C	-0.38%
GD	B	-0.37%
CTAS	B	-0.37%
CME	C	-0.35%
APH	D	-0.34%
NOC	B	-0.34%
ITW	C	-0.33%
AON	B	-0.33%
PNC	B	-0.31%
BDX	D	-0.3%
AJG	D	-0.29%
CSX	D	-0.29%
MCK	F	-0.29%
EPD	B	-0.28%
AFL	C	-0.27%
ROP	C	-0.26%
TFC	C	-0.25%
TRV	C	-0.24%
O	C	-0.24%
NDAQ	A	-0.19%
LHX	C	-0.19%
MPLX	B	-0.19%
FAST	C	-0.18%
MCHP	F	-0.18%
EXR	B	-0.17%
SYY	D	-0.17%
HUM	F	-0.17%
XEL	B	-0.16%
GLW	C	-0.16%
RMD	C	-0.16%
NUE	F	-0.15%
LYB	D	-0.14%
VMC	D	-0.14%
DFS	B	-0.14%
BRO	C	-0.13%
CDW	D	-0.13%
WEC	C	-0.13%
TSCO	C	-0.13%
ES	C	-0.11%
STE	C	-0.11%
BR	D	-0.11%
DOV	B	-0.11%
DTE	C	-0.11%
WST	D	-0.1%
CBOE	C	-0.1%
AEE	C	-0.1%
WRB	C	-0.1%
ERIE	B	-0.1%
ATO	B	-0.09%
LII	B	-0.09%
MKC	C	-0.09%
CINF	B	-0.09%
ARE	C	-0.09%
HUBB	B	-0.09%
EXPD	C	-0.08%
DGX	B	-0.08%
HRL	C	-0.08%
MAS	B	-0.08%
JBHT	D	-0.08%
STLD	F	-0.08%
AVY	C	-0.08%
WLK	D	-0.08%
TSN	C	-0.08%
PKG	B	-0.08%
GPC	D	-0.08%
MAA	B	-0.08%
CSL	B	-0.08%
IEX	D	-0.07%
RPM	B	-0.07%
UDR	C	-0.07%
RS	D	-0.07%
FNF	B	-0.07%
WSO	C	-0.07%
FDS	C	-0.07%
JKHY	B	-0.06%
AES	C	-0.06%
MORN	C	-0.06%
POOL	C	-0.06%
RNR	C	-0.06%
REG	C	-0.06%
EVRG	B	-0.06%
GGG	C	-0.06%
RGA	C	-0.06%
HEI	B	-0.06%
CASY	D	-0.06%
NDSN	C	-0.06%
DPZ	F	-0.06%
SNA	C	-0.06%
BEN	F	-0.05%
CHDN	C	-0.05%
UNM	B	-0.05%
WTRG	D	-0.05%
ITT	B	-0.05%
AFG	B	-0.05%
CHRW	B	-0.05%
EMN	B	-0.05%
FIX	B	-0.05%
CUBE	B	-0.05%
OGE	C	-0.04%
DCI	C	-0.04%
ENSG	B	-0.04%
TTC	D	-0.04%
CHE	C	-0.04%
SEIC	C	-0.04%
PRI	B	-0.04%
NNN	C	-0.04%
EGP	B	-0.04%
INGR	B	-0.04%
EVR	A	-0.04%
RGLD	C	-0.04%
ORI	B	-0.04%
GL	C	-0.04%
AOS	D	-0.04%
MKTX	C	-0.04%
RRX	C	-0.04%
AIZ	B	-0.04%
LECO	F	-0.04%
ATR	B	-0.04%
HII	D	-0.04%
CBT	B	-0.03%
BMI	A	-0.03%
R	A	-0.03%
LFUS	C	-0.03%
WTFC	B	-0.03%
OSK	F	-0.03%
AXS	B	-0.03%
BOKF	B	-0.03%
AGCO	D	-0.03%
TRNO	C	-0.03%
ZION	D	-0.03%
FAF	B	-0.03%
MSA	D	-0.03%
CFR	C	-0.03%
RLI	B	-0.03%
SSB	B	-0.03%
STAG	C	-0.03%
PB	B	-0.03%
UFPI	C	-0.03%
FR	B	-0.03%
LAD	D	-0.03%
SSD	D	-0.03%
WBA	F	-0.03%
ADC	C	-0.03%
AIT	A	-0.03%
CBSH	C	-0.03%
CCOI	C	-0.02%
WDFC	C	-0.02%
CNO	B	-0.02%
SR	B	-0.02%
PRGO	D	-0.02%
KAI	C	-0.02%
IBOC	D	-0.02%
BKH	B	-0.02%
DDS	F	-0.02%
AVNT	B	-0.02%
ASH	D	-0.02%
AGO	C	-0.02%
FUL	C	-0.02%
PII	D	-0.02%
FELE	C	-0.02%
CNS	B	-0.02%
MATX	B	-0.02%
AVT	C	-0.02%
OZK	D	-0.02%
NJR	B	-0.02%
AL	D	-0.02%
POR	C	-0.02%
GATX	D	-0.02%
FLO	C	-0.02%
LANC	D	-0.02%
UBSI	B	-0.02%
UGI	C	-0.02%
UMBF	B	-0.02%
SWX	C	-0.02%
FFIN	B	-0.02%
BC	C	-0.02%
THG	B	-0.02%
WTS	C	-0.02%
MDU	C	-0.02%
IDA	C	-0.02%
THO	D	-0.02%
EXPO	A	-0.02%
SON	C	-0.02%
SLGN	B	-0.02%
HOMB	B	-0.02%
BCPC	C	-0.02%
NXST	D	-0.02%
NFG	B	-0.02%
SIGI	D	-0.02%
TKR	D	-0.02%
CADE	C	-0.02%
UVV	D	-0.01%
WABC	D	-0.01%
LNN	D	-0.01%
TR	C	-0.01%
CSGS	C	-0.01%
HMN	D	-0.01%
TCBK	D	-0.01%
APOG	B	-0.01%
SRCE	C	-0.01%
NWN	C	-0.01%
ANDE	D	-0.01%
STBA	B	-0.01%
LKFN	C	-0.01%
SCL	D	-0.01%
SYBT	A	-0.01%
GTY	B	-0.01%
TNC	F	-0.01%
CHCO	B	-0.01%
AGM	D	-0.01%
WSBC	D	-0.01%
DKL	C	-0.01%
SJW	C	-0.01%
HI	F	-0.01%
NHC	D	-0.01%
LMAT	C	-0.01%
SXI	C	-0.01%
NBTB	D	-0.01%
FRME	D	-0.01%
MTRN	F	-0.01%
WOR	D	-0.01%
HNI	C	-0.01%
TOWN	B	-0.01%
HWKN	C	-0.01%
INDB	C	-0.01%
TRN	D	-0.01%
SFNC	B	-0.01%
ABR	B	-0.01%
CPK	B	-0.01%
IOSP	D	-0.01%
WAFD	C	-0.01%
AVA	C	-0.01%
KWR	D	-0.01%
AWR	B	-0.01%
CBU	C	-0.01%
FIBK	B	-0.01%
WSFS	D	-0.01%
CWT	C	-0.01%
ASB	D	-0.01%
ABM	D	-0.01%
MGEE	B	-0.01%
OTTR	F	-0.01%
JJSF	C	-0.01%
NSP	F	-0.01%
BRC	C	-0.01%
GFF	D	-0.01%
POWI	F	-0.01%
AUB	D	-0.01%
MAN	C	-0.01%
BANF	B	-0.01%
NWE	B	-0.01%
FLIC	B	-0.0%
BMRC	C	-0.0%
JOUT	D	-0.0%
ODC	C	-0.0%
ARTNA	D	-0.0%
HVT	D	-0.0%
CTO	C	-0.0%
AROW	D	-0.0%
THFF	B	-0.0%
HIFS	B	-0.0%
WASH	A	-0.0%
YORW	D	-0.0%
CASS	C	-0.0%
SMBC	C	-0.0%
PLOW	C	-0.0%
UHT	B	-0.0%
GSBC	D	-0.0%
HBNC	B	-0.0%
MBWM	D	-0.0%
MATW	F	-0.0%
MNRO	D	-0.0%
SPTN	C	-0.0%
HFWA	C	-0.0%
FCBC	A	-0.0%
TMP	C	-0.0%
HY	F	-0.0%
PFC	C	-0.0%
CTBI	B	-0.0%
AMSF	C	-0.0%
GRC	D	-0.0%
SBSI	B	-0.0%
SCVL	B	-0.0%
GABC	C	-0.0%
MSEX	C	-0.0%