KIE vs. XSLV ETF Comparison

Comparison of SPDR S&P Insurance ETF (KIE) to PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

KIE

SPDR S&P Insurance ETF

KIE 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 in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "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 insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.77

Average Daily Volume

1,058,337

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

$47.41

Average Daily Volume

27,211

Number of Holdings ^*

119

* may have additional holdings in another (foreign) market

Performance

Period	KIE	XSLV
30 Days	0.81%	-1.23%
60 Days	7.29%	2.66%
90 Days	14.38%	9.43%
12 Months	38.46%	24.83%

2 Overlapping Holdings

	Symbol	Grade	Weight in KIE	Weight in XSLV	Overlap
	AGO	B	1.92%	0.86%	0.86%
	GNW	C	1.99%	0.75%	0.75%

KIE Overweight 48 Positions Relative to XSLV

Symbol	Grade	Weight
UNM	A	2.1%
MET	A	2.1%
LNC	D	2.08%
CNO	C	2.06%
RNR	A	2.05%
BHF	F	2.05%
PFG	C	2.05%
PRI	A	2.02%
PRU	C	2.02%
AIZ	A	2.01%
ERIE	A	2.01%
RYAN	A	2.01%
AFL	A	2.0%
EG	B	1.99%
AXS	A	1.99%
FNF	A	1.99%
SIGI	D	1.99%
RGA	C	1.98%
HIG	A	1.98%
GL	C	1.98%
KMPR	D	1.98%
RLI	A	1.98%
WTW	B	1.97%
THG	C	1.97%
ALL	B	1.96%
L	D	1.96%
ORI	B	1.96%
ESGR	D	1.95%
CINF	A	1.95%
AFG	C	1.95%
BRO	A	1.95%
MKL	C	1.95%
CB	A	1.94%
ACGL	A	1.94%
GSHD	B	1.94%
AIG	F	1.94%
KNSL	D	1.94%
PGR	C	1.93%
AON	A	1.93%
FAF	B	1.93%
OSCR	C	1.91%
WTM	D	1.91%
TRV	C	1.91%
MMC	D	1.89%
WRB	B	1.89%
AJG	D	1.84%
PLMR	C	1.65%
STC	C	1.48%

KIE Underweight 117 Positions Relative to XSLV

Symbol	Grade	Weight
CTRE	B	-1.15%
EPRT	C	-1.12%
LTC	D	-1.08%
EIG	B	-1.06%
FCPT	C	-1.03%
PECO	C	-1.01%
GTY	C	-1.0%
FELE	C	-1.0%
SHO	D	-1.0%
INVA	B	-0.96%
PRGS	B	-0.96%
RHI	D	-0.96%
NMIH	C	-0.96%
MCRI	B	-0.96%
MSGS	A	-0.95%
ENSG	D	-0.95%
SAFT	D	-0.94%
SKT	A	-0.94%
AWR	A	-0.93%
TR	D	-0.93%
IOSP	F	-0.92%
AMSF	B	-0.92%
APLE	D	-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	A	-0.89%
PBH	D	-0.88%
PSMT	B	-0.87%
SHOO	A	-0.87%
ESE	B	-0.87%
COOP	B	-0.86%
LXP	D	-0.86%
PIPR	B	-0.85%
AKR	C	-0.85%
DRH	C	-0.85%
PJT	C	-0.85%
RDN	D	-0.85%
CPK	C	-0.85%
UE	C	-0.85%
KFY	C	-0.84%
UTL	C	-0.84%
AVA	D	-0.84%
AWI	A	-0.83%
WERN	D	-0.83%
SJW	D	-0.83%
SXT	C	-0.83%
NWN	C	-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	A	-0.81%
HUBG	D	-0.81%
SPTN	B	-0.81%
CASH	D	-0.81%
BSIG	D	-0.81%
AL	D	-0.8%
PLXS	B	-0.8%
IDCC	A	-0.8%
OFG	D	-0.79%
TNC	F	-0.79%
MTX	B	-0.79%
CPF	C	-0.79%
VRRM	D	-0.78%
MLI	C	-0.78%
MMSI	C	-0.78%
FBP	D	-0.78%
KMT	C	-0.78%
VRE	C	-0.78%
KELYA	D	-0.78%
NAVI	D	-0.78%
HTH	D	-0.77%
MRTN	F	-0.77%
DFIN	C	-0.77%
SNEX	C	-0.77%
NWBI	D	-0.76%
EPAC	C	-0.76%
MGY	B	-0.76%
ELME	C	-0.76%
UHT	C	-0.76%
GTES	C	-0.76%
HSTM	B	-0.75%
WT	D	-0.74%
JJSF	B	-0.74%
WABC	F	-0.74%
NBHC	D	-0.74%
FDP	C	-0.74%
SNDR	C	-0.74%
SMPL	D	-0.74%
KAR	D	-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	B	-0.72%
FHB	D	-0.71%
AIN	F	-0.7%
NVEE	F	-0.7%
SPNT	D	-0.7%
NABL	F	-0.69%
EZPW	D	-0.67%
USPH	F	-0.66%