0001209466 2013-01-14 2013-01-14 0001209466 ck0001209466:S000003049Member ck0001209466:S000003049Member 2013-01-14 2013-01-14 0001209466 ck0001209466:S000003049Member ck0001209466:S000003049Member ck0001209466:C000008316Member 2013-01-14 2013-01-14 xbrli:pure iso4217:USD Invesco PowerShares Capital Management LLC (the "Adviser") has reduced contractually the Fund's management fee from 0.50% to 0.29%. Management fees and Total Annual Fund Operating Expenses in the table above have been restated to reflect current fees. The Adviser has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, offering costs, taxes and extraordinary expenses) from exceeding 0.29% of the Fund's average daily net assets per year (the "Expense Cap") until at least August 31, 2014, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The expenses borne by the Adviser are subject to recapture by the Adviser for up to three years from the date the fee or expense was borne by the Adviser, but no recapture payment will be made by the Fund if it would result in the Fund exceeding its Expense Cap. POWERSHARES EXCHANGE TRADED FUND TRUST Other false 0001209466 2013-01-14 2013-01-14 2013-01-14 2012-08-31 PowerShares S&P 500 High Quality Portfolio PIV 0.0029 0.0020 0.0049 -0.0020 0.0029 ~ http://invescopowershares.com/20130114/role/ScheduleAnnualFundOperatingExpenses20001 column dei_LegalEntityAxis compact ck0001209466_S000003049Member row primary compact * ~ 2014-08-31 Management fees and Total Annual Fund Operating Expenses in the table above have been restated to reflect current fees. Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) SUPPLEMENT DATED JANUARY 14, 2013 TO THE PROSPECTUS DATED AUGUST 31, 2012 OF: PowerShares Aerospace & Defense Portfolio PowerShares CleantechTM Portfolio PowerShares DWA Technical LeadersTM Portfolio PowerShares Global Listed Private Equity Portfolio PowerShares Golden Dragon China Portfolio PowerShares Lux Nanotech Portfolio PowerShares Morningstar StockInvestor Core Portfolio PowerShares S&P 500 BuyWrite Portfolio PowerShares S&P 500® High Quality Portfolio PowerShares Water Resources Portfolio PowerShares WilderHill Clean Energy Portfolio PowerShares WilderHill Progressive Energy Portfolio Effective immediately, the following changes are made to the prospectus: •  The following replaces the table and footnotes included under the section titled "Summary Information—Fund Fees and Expenses" on page 46 of the prospectus for the PowerShares S&P 500® High Quality Portfolio: Example •  The following replaces the section titled "Summary Information—Example" on page 46 of the prospectus for the PowerShares S&P 500® High Quality Portfolio: This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund's operating expenses are equal to the Total Annual Fund Operating Expenses After Fee Waivers and Expense Assumption in the first year and the Total Annual Fund Operating Expenses thereafter. This example does not include the brokerage commissions that investors may pay to buy and sell Shares of the Fund. 30 137 254 597 ~ http://invescopowershares.com/20130114/role/ScheduleExpenseExampleTransposed20002 column dei_LegalEntityAxis compact ck0001209466_S000003049Member row primary compact * ~ Although your actual costs may be higher or lower, your costs, based on these assumptions, would be: