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A Sector Investing Perspective

PowerShares ETFs are issued by PowerShares Exchange Traded Fund Trust. PowerShares Capital Management, LLC is the advisor and sponsor of the PowerShares ETF family of exchange traded funds. PowerShares Capital Management, LLC is a unit of UK-based investment management company, INVESCO PLC.

Breadth of Sector ETFs

PowerShares Exchange Traded Fund Trust offers 45 sector and industry-group ETFs.

Investment Approach

PowerShares sector and industry group ETFs commonly use the American Stock Exchange's Intellidex Index (i.e., PowerShares Dynamic series) and FTSE RAFI Sector Index (i.e., PowerShares FTSE RAFI series) as underlying indexes. Selected industry group ETFs cover unique niches and use other indexes.

The Intellidex Index is an equal dollar-weighted index constructed from stocks having capital appreciation potential. The Intellidex Index is dynamic in that its component stocks are chosen every quarter. PowerShares ETFs are rebalanced and reallocated each quarter to match the composition of Intellidex index.

The FTSE RAFI sector index is constructed using equities in a particular sector by equally weighting scores on each of the four fundamental metrics, book value, cash flow, dividends, and sales. The FTSE RAFI sector indices are reconstituted annually.

Expense Ratio

The maximum expense ratio for PowerShares ETFs is 0.60%.

Trading Size

PowerShares ETFs shares may be purchased in 'round lots' of 100 shares or smaller with the minimum number being one share.

AlphaProfit Take

PowerShares offers a group of ETFs that span several sectors and industry groups. PowerShares ETFs in the Dynamic series are 'dynamically' indexed with both growth and valuation-related parameters being used to select securities. The Dynamic series of PowerShares ETFs may whet the appetite of GARP investors.

By using fundamental weighting factors, PowerShares ETFs in the FTSE RAFI series seek to avoid over-weighting over-valued stocks and under-weighting under-valued stocks. Security selection in this series of PowerShares ETFs is more in sync with criteria used by value investors.

Some PowerShares ETFs target unique niches like alternative energy, private equity, and water resources. Investors seeking industry group-specific ETFs will find the PowerShares offerings worthy of consideration.

The expense ratio of PowerShares ETFs usually tends to be a tad higher than competing ETFs. Some PowerShares ETFs may not be highly liquid and may have relatively large bid-ask spreads.

AlphaProfit Newsletter and PowerShares ETF Recommendations

AlphaProfit Sector Investors' Newsletter is the premier resource for sector investors. The Newsletter offers PowerShares exchange traded fund recommendations. The Newsletter and its model portfolios have frequently been ranked #1 by Hulbert Financial Digest.

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AlphaProfit MoneyMatters is a free e-letter distributed to registered users of AlphaProfit's website. The e-letter analyzes the economy, markets, and sectors and provides money-making insights on stocks, exchange-traded funds, and mutual funds. AlphaProfit MoneyMatters is edited by Dr. Sam Subramanian acclaimed for his financial acumen and analytical skills. Sign Up for ETF Newsletter.

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PowerShares ETFs

Sector: Consumer Discretionary

PowerShares ETF Consumer Discretionary
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Consumer Discretionary Sector Portfolio, PEZ 10/12/2006 Dynamic Consumer Discretionary Sector Intellidex, EZZ 60 U. S. companies in apparel retail, luxury goods, leisure & recreation, advertising
PowerShares Dynamic Leisure & Entertainment Portfolio, PEJ 06/23/2005 Dynamic Leisure & Entertainment Intellidex, DZL 30 U. S. leisure & entertainment companies including resturants, hotels, casinos, and cable TV operators
PowerShares Dynamic Media Portfolio, PBS 06/23/2005 Dynamic Media Intellidex, DZM 30 U. S. companies.engaged in development, production and distribution of goods & services for print media, radio, and TV
PowerShares Dynamic Retail Portfolio, PMR 10/26/2005 Dynamic Retail Intellidex, DWR 30 U. S. retailers including department & super stores, specialty stores and home improvement stores


Sector: Consumer Staples

PowerShares ETF Consumer Staples
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Consumer Staples Sector Portfolio, PSL 10/12/2006 Dynamic Consumer Staples Sector Intellidex,EZS 60 U. S. companies engaged in manufacture of packaged foods, beverages, tobacco, household and personal products
PowerShares Dynamic Food & Beverage Portfolio, PBJ 06/23/2005 Dynamic Food & Beverage Intellidex, DZF 30 U. S. companies engaged in manufacture, sale & distribution of food, beverage, and agricultural products
PowerShares FTSE RAFI Consumer Goods Sector Portfolio, PRFG 09/20/2006 FTSE RAFI Consumer Goods Sector Index, FRUSCG 110 U. S. companies engaged in manufacture and distribution of automobiles, food & beverage, personal and household products


Sector: Energy

PowerShares ETF Energy
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Energy Exploration & Production Portfolio, PXE 10/26/2005 Dynamic Energy Exploration & Production Intellidex, DWE 30 U. S. companies engaged in exploration, production and refining of oil & natural gas
PowerShares Dynamic Energy Sector Portfolio, PXI 10/12/2006 Dynamic Energy Sector Intellidex, EZK 60 U. S. companies engaged in oil & gas exploration, production, refining and equipment & services
PowerShares Dynamic Oil & Gas Services Portfolio, PXJ 10/26/2005 Dynamic Oil Services Intellidex, DWO 30 U. S. companies providing equipment or services for exploration, production and processing of oil and natural gas
PowerShares FTSE RAFI Energy Sector Portfolio, PRFE 09/20/2006 FTSE RAFI Oil & Gas Index, FRUSOG 50 U. S. companies engaged in oil & gas exploration, production, refining and equipment & services
PowerShares Global Clean Energy Portfolio, PBD 06/13/2007 WilderHill New Energy Global Innovation Index, NEX About 85 global companies focusing on renewable energy, energy conservation, energy conversion, and power delivery
PowerShares WilderHill Clean Energy Portfolio, PBW 03/03/2005 WilderHill Clean Energy Index, ECO Around 40 global companies focusing on renewable energy, energy conservation, energy conversion, and power delivery
PowerShares WilderHill Progressive Energy Portfolio, PUW 10/24/2006 WilderHill Progressive Energy Index, WHPRO About 36 companies engaged in technology improvements for fossil, nuclear and bio-fuels in use as energy sources


Sector: Financials

PowerShares ETF Financials
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Banking Portfolio, PJB 10/12/2006 Dynamic Banking Intellidex, DHD 30 U. S. banking companies including money center banks, regional banks, and savings & loans institutions
PowerShares Dynamic Financials Sector Portfolio, PFI 10/12/2006 Dynamic Financial Sector Intellidex, EZF 60 U. S. companies providing banking, investment, insurance and real estate finance services
PowerShares Dynamic Insurance Portfolio, PIC 10/26/2005 Dynamic Insurance Intellidex, DWJ 30 U. S. companies engaged in life, health and property & casualty insurance
PowerShares Financial Preferred Portfolio, PGF 12/01/2006 WHPS Financial Index, WHPSF Preferred securities issued in U.S. by 30 leading financial institutions per Bloomberg Professional Service
PowerShares FTSE RAFI Financials Sector Portfolio, PRFF 09/20/2006 FTSE RAFI Financials Sector Index, FRUSF 225 U. S. companies engaged in commercial banking, investment banking, brokerage services, insurance, and real estate financing
PowerShares Listed Private Equity Portfolio, PSP 10/24/2006 Listed Private Equity Index, LSTPE 34 listed private equity companies engaged in investing or lending capital to privately held companies


Sector: Health Care

PowerShares ETF Health Care
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Biotechnology & Genome Portfolio, PBE 06/23/2005 Dynamic Biotechnology & Genome Intellidex, DZO 30 U. S. companies engaged in development, manufacture & distribution of biotechnology products, processes, and services
PowerShares Dynamic Healthcare Sector Portfolio, PTH 10/12/2006 Dynamic Healthcare Intellidex, EZX 60 U. S. companies engaged in providing managed health care, and manufacture of drugs, biotech products, and medical supplies
PowerShares Dynamic Healthcare Services Portfolio, PTJ 10/12/2006 Dynamic Healthcare Services Intellidex, DHC 30 U. S. companies engaged in providing managed health care, health care services and operating health care facilities
PowerShares Dynamic Pharmaceuticals Portfolio, PJP 06/23/2005 Dynamic Pharmaceuticals Intellidex, DZR 30 U. S. companies engaged in research, development, manufacture or distribution of pharmaceuticals
PowerShares FTSE RAFI Health Care Sector Portfolio, PRFH 09/20/2006 FTSE RAFI Health Care Sector Index, FRUSHC 70 U. S. companies engaged in pharmaceuticals, biotechnology products, and medical equipment, managed health care


Sector: Industrials

PowerShares ETF Industrials
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Aerospace & Defense Portfolio, PPA 10/26/2005 SPADE Defense Index, DXS About 57 U. S. companies engaged in defense, military, homeland security, and space operations
PowerShares Cleantech Portfolio, PZD 10/24/2006 Cleantech Index, CTIUS 75 U. S. companies that develop knowledge-based products or services in air quality, energy conservation, and water purification
PowerShares Dynamic Building & Construction Portfolio, PKB 10/26/2005 Dynamic Building & Construction Intellidex, DWC 30 U. S. companies engaged in building & construction and manufacture of building materials & construction machinery
PowerShares Dynamic Industrials Sector Portfolio, PRN 10/12/2006 Dynamic Industrials Intellidex, EZL 60 U. S. companies including industrial conglomerates engaged in manufacture of aerospace, construction, and farm equipment
PowerShares FTSE RAFI Industrials Sector Portfolio, PRFN 09/20/2006 FTSE RAFI Industrials Sector Index, FRUSIN 150 U. S. companies and industrial conglomerates engaged in manufacture of aerospace, construction, and farm equipment


Sector: Information Technology

PowerShares ETF Information Technology
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Hardware & Consumer Electronics Portfolio, PHW 12/06/2005 Dynamic Hardware & Consumer Electronics Intellidex, DZH 30 U. S. companies engaged in manufacture of computers, peripherals and consumer electronics products
PowerShares Dynamic Networking Portfolio, PXQ 06/23/2005 Dynamic Networking Intellidex, DZN 30 U. S. companies engaged in production & distribution of electronic networking products, services or technologies
PowerShares Dynamic Semiconductors Portfolio, PSI 06/23/2005 Dynamic Semiconductor Intellidex, DZE 30 U. S. companies engaged in manufacture of semiconductors and semiconductor capital equipment
PowerShares Dynamic Software Portfolio, PSJ 06/23/2005 Dynamic Software Intellidex, DZC 30 U. S. companies engaged in development of application, systems, & Internet software and provision of IT services
PowerShares Dynamic Technology Sector Portfolio, PTF 10/12/2006 Dynamic Technology Sector Intellidex, EZV 60 U. S. companies engaged in computer hardware & software, Internet, semiconductors, and communication technologies
PowerShares FTSE RAFI Telecom & Technology Sector Portfolio, PRFQ 09/20/2006 FTSE RAFI Telecom & Technology Sector Index, FRUST 110 U. S. companies engaged in communication services & equipment, computer hardware & software, and semiconductors
PowerShares Lux Nanotech Portfolio, PXN 10/26/2005 LUX Nanotech Index, LUXNI 26 U. S. companies engaged in development & applications of nanotechnology or supplying tools for nanotechnology research


Sector: Materials

PowerShares ETF Materials
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Basic Materials Sector Portfolio, PYZ 10/12/2006 Dynamic Basic Materials Sector Intellidex, EZB 60 U. S. companies engaged in mining, and manufacture of chemicals, construction materials, metals, paper and wood products
PowerShares FTSE RAFI Basic Materials Sector Portfolio, PRFM 09/20/2006 FTSE RAFI Basic Materials Sector Index, FRUSBM 50 U. S. companies engaged in mining and production of metals, minerals, chemicals, forest products and precious metals


Sector: Telecommunication Services

PowerShares ETF Telecommunication Services
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Telecommunications & Wireless Portfolio, PTE 12/06/2005 Dynamic Telecommunications & Wireless Intellidex, DWY 30 U. S. companies providing wireline, wireless, satellite and cable services for voice, data and video communication


Sector: Utilities

PowerShares ETF Utilities
PowerShares ETF Inception Date Underlying Index Index Description
PowerShares Dynamic Utilities Portfolio, PUI 10/26/2005 Dynamic Utilities Intellidex, DWU 30 U. S. utility companies supplying electricity, water or natural gas
PowerShares FTSE RAFI Utilities Sector Portfolio, PRFU 09/20/2006 FTSE RAFI Utilities Sector Index, FRUSU 70 U. S. utility companies supplying electricity, water or natural gas
PowerShares Global Water Portfolio, PIO 06/13/2007 Palisades Global Water Index, PHWI About 40 global companies engaged in potable water supply, water treatment, and water consumption-related technology and services
PowerShares Water Resources Portfolio, PHO 12/06/2005 Palisades Water Index, ZWI About 38 global companies engaged in potable water supply, water treatment, and water consumption-related technology and services


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The above content is for informational purposes only. AlphaProfit Investments, LLC neither is associated with nor receives any compensation from any of the entities connected with PowerShares ETFs. PowerShares is the servicemark of PowerShares Capital Management, LLC.

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