FOVL vs. XSLV ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$68.28

Average Daily Volume

1,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$47.48

Average Daily Volume

26,049

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	XSLV
30 Days	4.36%	0.77%
60 Days	13.72%	6.22%
90 Days	15.49%	9.94%
12 Months	42.32%	23.67%

2 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in XSLV	Overlap
	FHB	D	2.66%	0.71%	0.71%
	SNDR	D	2.01%	0.74%	0.74%

FOVL Overweight 37 Positions Relative to XSLV

Symbol	Grade	Weight
FYBR	C	3.93%
TOL	C	3.89%
PNFP	B	3.48%
IBKR	A	3.37%
SF	A	3.2%
AXS	A	3.05%
JPM	C	2.98%
SNV	D	2.96%
ORI	A	2.91%
LPX	C	2.91%
BLDR	C	2.86%
JHG	A	2.86%
T	B	2.81%
COF	A	2.78%
Z	C	2.66%
CNA	D	2.62%
CUZ	C	2.62%
KMI	A	2.61%
WLK	C	2.57%
WTM	C	2.54%
FNB	D	2.51%
WBS	D	2.5%
HPE	B	2.48%
STT	A	2.46%
DFS	A	2.44%
AMG	B	2.39%
PFG	A	2.32%
PNW	C	2.23%
AN	D	2.21%
LYB	B	2.17%
THO	C	2.16%
AGR	C	1.95%
NUE	D	1.88%
UNM	A	1.75%
ALK	C	1.71%
CLF	D	1.55%
LLYVK	B	0.79%

FOVL Underweight 117 Positions Relative to XSLV

Symbol	Grade	Weight
CTRE	C	-1.15%
EPRT	C	-1.12%
LTC	D	-1.08%
EIG	A	-1.06%
FCPT	C	-1.03%
PECO	C	-1.01%
GTY	C	-1.0%
FELE	C	-1.0%
SHO	B	-1.0%
INVA	B	-0.96%
PRGS	A	-0.96%
RHI	D	-0.96%
NMIH	B	-0.96%
MCRI	B	-0.96%
MSGS	A	-0.95%
ENSG	D	-0.95%
SAFT	D	-0.94%
SKT	A	-0.94%
AWR	B	-0.93%
TR	D	-0.93%
IOSP	F	-0.92%
AMSF	B	-0.92%
APLE	B	-0.92%
BRC	C	-0.91%
NSIT	B	-0.91%
BCPC	C	-0.9%
NPK	F	-0.9%
EFC	D	-0.9%
ALEX	D	-0.89%
CHCO	D	-0.89%
HMN	B	-0.89%
FUL	F	-0.89%
BFS	C	-0.89%
PBH	D	-0.88%
PSMT	A	-0.87%
SHOO	A	-0.87%
ESE	C	-0.87%
COOP	B	-0.86%
AGO	B	-0.86%
LXP	D	-0.86%
PIPR	A	-0.85%
AKR	B	-0.85%
DRH	B	-0.85%
PJT	A	-0.85%
RDN	D	-0.85%
CPK	C	-0.85%
UE	C	-0.85%
KFY	C	-0.84%
UTL	D	-0.84%
AVA	D	-0.84%
AWI	A	-0.83%
WERN	D	-0.83%
SJW	D	-0.83%
SXT	C	-0.83%
NWN	D	-0.82%
FBRT	C	-0.82%
CWT	D	-0.82%
APOG	B	-0.82%
ACA	C	-0.82%
EPC	F	-0.81%
WSR	C	-0.81%
CNXN	C	-0.81%
PINC	F	-0.81%
MOG.A	C	-0.81%
HUBG	D	-0.81%
SPTN	C	-0.81%
CASH	C	-0.81%
BSIG	D	-0.81%
AL	D	-0.8%
PLXS	A	-0.8%
IDCC	A	-0.8%
OFG	D	-0.79%
TNC	F	-0.79%
MTX	C	-0.79%
CPF	C	-0.79%
VRRM	D	-0.78%
MLI	B	-0.78%
MMSI	C	-0.78%
FBP	B	-0.78%
KMT	C	-0.78%
VRE	C	-0.78%
KELYA	D	-0.78%
NAVI	D	-0.78%
HTH	F	-0.77%
MRTN	F	-0.77%
DFIN	B	-0.77%
SNEX	B	-0.77%
NWBI	D	-0.76%
EPAC	A	-0.76%
MGY	B	-0.76%
ELME	D	-0.76%
UHT	D	-0.76%
GTES	C	-0.76%
HSTM	B	-0.75%
GNW	A	-0.75%
WT	D	-0.74%
JJSF	C	-0.74%
WABC	F	-0.74%
NBHC	D	-0.74%
FDP	C	-0.74%
SMPL	D	-0.74%
KAR	F	-0.74%
NHC	D	-0.74%
EVTC	D	-0.74%
ADUS	D	-0.74%
UNF	A	-0.74%
AHH	F	-0.73%
JBSS	F	-0.73%
RGR	F	-0.73%
CSR	D	-0.72%
FSS	D	-0.72%
AIN	F	-0.7%
NVEE	F	-0.7%
SPNT	D	-0.7%
NABL	F	-0.69%
EZPW	C	-0.67%
USPH	F	-0.66%