KCE vs. PSCF ETF Comparison

Comparison of SPDR S&P Capital Markets ETF (KCE) to PowerShares S&P SmallCap Financials Portfolio (PSCF)

KCE

SPDR S&P Capital Markets ETF

KCE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies that do business as broker-dealers, asset managers, trust and custody banks or exchanges. In seeking to track the performance of the S&P Capital Markets Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the capital markets industry group of the S&P Total Market Index ("S&P TMI"). It is non-diversified.

Grade (RS Rating)

Last Trade

$145.78

Average Daily Volume

69,998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$59.83

Average Daily Volume

3,460

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

Performance

Period	KCE	PSCF
30 Days	9.10%	7.24%
60 Days	16.82%	7.16%
90 Days	21.23%	9.28%
12 Months	66.53%	42.61%

13 Overlapping Holdings

Symbol	Grade	Weight in KCE	Weight in PSCF	Overlap
APAM	B	1.68%	0.85%	0.85%
BGC	C	1.61%	1.03%	1.03%
BSIG	A	0.66%	0.21%	0.21%
CNS	B	1.59%	0.71%	0.71%
DFIN	D	0.87%	0.42%	0.42%
MC	C	1.62%	1.37%	1.37%
PIPR	A	1.82%	1.39%	1.39%
PJT	A	1.86%	0.98%	0.98%
SNEX	B	1.4%	0.72%	0.72%
STEP	C	1.8%	1.07%	1.07%
VIRT	A	1.58%	0.75%	0.75%
VRTS	B	1.22%	0.41%	0.41%
WT	A	1.62%	0.36%	0.36%

KCE Overweight 47 Positions Relative to PSCF

Symbol	Grade	Weight
COIN	C	2.54%
LPLA	A	2.22%
HOOD	B	2.1%
IBKR	A	2.03%
RJF	A	1.98%
MS	A	1.96%
SF	B	1.95%
OWL	A	1.86%
CG	B	1.86%
AMP	A	1.85%
JEF	A	1.85%
EVR	B	1.84%
SCHW	B	1.83%
HLNE	B	1.81%
KKR	A	1.8%
GS	A	1.8%
JHG	B	1.79%
VCTR	B	1.77%
NTRS	A	1.76%
HLI	A	1.75%
SEIC	B	1.75%
FHI	B	1.74%
BX	A	1.74%
TPG	A	1.7%
BLK	B	1.69%
STT	B	1.66%
TROW	B	1.65%
ARES	A	1.65%
BK	A	1.64%
MORN	B	1.62%
IVZ	B	1.6%
FDS	B	1.6%
AMG	B	1.6%
NDAQ	A	1.59%
MSCI	C	1.58%
BEN	C	1.57%
TW	A	1.57%
CME	B	1.53%
MKTX	D	1.51%
MCO	B	1.46%
SPGI	C	1.43%
ICE	C	1.4%
CBOE	C	1.36%
DBRG	F	1.29%
PX	A	0.63%
DHIL	B	0.36%
LPRO	B	0.35%

KCE Underweight 149 Positions Relative to PSCF

Symbol	Grade	Weight
CMA	B	-2.39%
JXN	C	-1.98%
COOP	B	-1.62%
LNC	C	-1.58%
EPRT	B	-1.51%
RDN	D	-1.36%
CTRE	C	-1.33%
SLG	B	-1.28%
PECO	A	-1.25%
SFBS	C	-1.24%
AGO	B	-1.18%
ABCB	B	-1.18%
AX	B	-1.14%
MAC	B	-1.09%
UCB	A	-1.02%
SKT	A	-1.02%
AUB	B	-1.0%
FULT	A	-1.0%
CATY	B	-0.98%
CBU	B	-0.95%
APLE	B	-0.91%
FHB	B	-0.91%
WD	D	-0.9%
FBP	C	-0.89%
WSFS	B	-0.89%
HIW	C	-0.88%
HASI	D	-0.83%
CWK	C	-0.83%
GNW	A	-0.83%
BXMT	C	-0.81%
SFNC	C	-0.8%
DEI	B	-0.8%
INDB	B	-0.8%
BOH	B	-0.8%
BKU	A	-0.79%
CVBF	A	-0.78%
NMIH	C	-0.78%
WAFD	B	-0.78%
IIPR	D	-0.76%
BFH	C	-0.76%
GSHD	A	-0.75%
FFBC	B	-0.73%
UE	B	-0.73%
PFS	B	-0.73%
PRK	B	-0.73%
ABR	C	-0.72%
TBBK	B	-0.71%
LXP	D	-0.71%
PLMR	A	-0.71%
PPBI	C	-0.7%
PAYO	A	-0.69%
ENVA	B	-0.69%
MPW	F	-0.68%
AKR	B	-0.68%
FCPT	C	-0.68%
BANR	B	-0.66%
SBCF	B	-0.65%
OUT	A	-0.64%
BANF	B	-0.63%
RNST	B	-0.62%
NBTB	B	-0.61%
TRMK	C	-0.61%
IBTX	B	-0.6%
ROIC	A	-0.58%
EVTC	B	-0.58%
BANC	B	-0.58%
TFIN	B	-0.57%
NATL	B	-0.56%
SHO	D	-0.54%
PRG	C	-0.53%
STC	B	-0.53%
OFG	B	-0.53%
CASH	B	-0.52%
FBK	C	-0.51%
MCY	A	-0.51%
JOE	F	-0.5%
CHCO	B	-0.5%
FCF	B	-0.5%
LKFN	C	-0.49%
NWBI	B	-0.49%
FBNC	B	-0.49%
DRH	B	-0.48%
NBHC	C	-0.48%
TRUP	B	-0.46%
HMN	B	-0.44%
HOPE	C	-0.43%
LTC	B	-0.43%
VBTX	B	-0.42%
CUBI	B	-0.42%
STBA	B	-0.42%
GTY	A	-0.41%
WABC	B	-0.4%
HTH	C	-0.39%
PEB	D	-0.39%
XHR	B	-0.39%
GNL	F	-0.38%
SPNT	B	-0.38%
VRE	B	-0.38%
ALEX	B	-0.37%
ELME	D	-0.37%
UNIT	B	-0.36%
JBGS	F	-0.35%
BHLB	B	-0.34%
EIG	B	-0.34%
SAFT	B	-0.33%
KW	C	-0.33%
AAT	B	-0.33%
RC	D	-0.31%
NAVI	F	-0.31%
DCOM	B	-0.31%
PMT	C	-0.3%
ARI	C	-0.3%
PFBC	B	-0.3%
ECPG	C	-0.3%
DEA	D	-0.3%
BRKL	B	-0.29%
CSR	B	-0.29%
AMSF	B	-0.29%
EXPI	D	-0.29%
EFC	C	-0.28%
SBSI	C	-0.27%
FBRT	D	-0.27%
NXRT	B	-0.26%
HCI	C	-0.25%
TMP	B	-0.25%
MMI	C	-0.25%
HFWA	C	-0.24%
PRAA	D	-0.24%
RWT	D	-0.24%
PRA	C	-0.23%
EGBN	B	-0.23%
BDN	C	-0.23%
CFFN	C	-0.22%
CPF	B	-0.22%
HAFC	B	-0.2%
AHH	D	-0.19%
INN	D	-0.18%
TRST	B	-0.18%
KREF	C	-0.17%
GDOT	D	-0.16%
EZPW	B	-0.16%
WSR	A	-0.16%
AMBC	C	-0.15%
HPP	F	-0.14%
UHT	D	-0.14%
UFCS	A	-0.14%
SVC	F	-0.12%
BFS	C	-0.12%
WRLD	C	-0.1%