LVOL vs. SPHQ ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to PowerShares S&P 500 High Quality Portfolio (SPHQ)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$53.97

Average Daily Volume

242

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings 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 provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$66.89

Average Daily Volume

1,015,542

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	SPHQ
30 Days	0.61%	0.48%
60 Days	5.27%	6.38%
90 Days	5.56%	4.15%
12 Months	26.63%	35.02%

33 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in SPHQ	Overlap
AAPL	C	6.79%	5.04%	5.04%
ADSK	C	0.71%	0.77%	0.71%
AMP	A	0.6%	0.71%	0.6%
BR	B	0.28%	0.25%	0.25%
CDW	D	0.12%	0.32%	0.12%
CMI	B	1.07%	0.49%	0.49%
COST	C	2.01%	4.23%	2.01%
CSCO	A	2.66%	2.34%	2.34%
CTAS	C	1.75%	0.72%	0.72%
CTSH	C	1.46%	0.35%	0.35%
EA	D	0.67%	0.32%	0.32%
FAST	C	0.49%	0.52%	0.49%
FFIV	C	0.15%	0.14%	0.14%
GWW	A	0.49%	0.53%	0.49%
HOLX	D	0.22%	0.19%	0.19%
INTU	F	1.43%	1.73%	1.43%
IT	C	0.45%	0.62%	0.45%
ITW	B	0.8%	1.12%	0.8%
JKHY	A	0.15%	0.13%	0.13%
JNJ	C	2.84%	5.32%	2.84%
KMB	B	0.56%	0.55%	0.55%
MA	A	2.38%	5.22%	2.38%
MCO	C	0.86%	0.76%	0.76%
MDLZ	C	0.21%	1.03%	0.21%
MSFT	C	8.08%	4.67%	4.67%
PAYX	A	1.23%	0.61%	0.61%
PEP	D	1.31%	2.42%	1.31%
PG	C	2.76%	4.05%	2.76%
SHW	B	1.02%	1.0%	1.0%
TEL	D	1.72%	0.48%	0.48%
V	C	2.91%	4.96%	2.91%
VLTO	C	0.04%	0.28%	0.04%
VRSK	D	0.44%	0.42%	0.42%

LVOL Overweight 65 Positions Relative to SPHQ

Symbol	Grade	Weight
ACN	B	2.61%
HD	A	2.54%
BRK.A	C	2.48%
LIN	B	2.39%
GOOGL	C	2.11%
AMZN	C	2.08%
KO	B	1.95%
MMC	D	1.89%
MDT	A	1.85%
APH	D	1.8%
MRK	F	1.8%
SPGI	C	1.45%
ABT	C	1.33%
MCD	A	1.29%
DOX	B	1.28%
HON	B	1.21%
CB	A	1.2%
BSX	A	1.05%
PTC	D	0.99%
RSG	D	0.99%
CL	D	0.98%
GD	A	0.95%
WM	D	0.87%
ECL	A	0.87%
MSI	A	0.82%
DOV	C	0.77%
ROP	C	0.76%
GOOG	C	0.7%
SYK	C	0.67%
HIG	A	0.66%
IBM	C	0.65%
TDY	B	0.63%
NDSN	B	0.58%
TRV	C	0.5%
YUM	B	0.45%
OTIS	A	0.4%
CMCSA	B	0.39%
WMT	A	0.35%
SNA	B	0.33%
LOW	A	0.3%
GRMN	D	0.3%
NTAP	D	0.29%
BLK	B	0.28%
PKG	A	0.22%
DLB	D	0.2%
MAS	A	0.2%
AVY	B	0.2%
VRSN	C	0.19%
CRM	C	0.19%
IEX	D	0.18%
FDS	C	0.17%
ZBH	F	0.17%
LLY	D	0.15%
ORLY	A	0.13%
CW	A	0.11%
AJG	D	0.1%
AXP	A	0.1%
AON	A	0.1%
ABBV	A	0.09%
ITT	B	0.09%
CHE	B	0.08%
GGG	B	0.08%
LSTR	D	0.08%
DCI	B	0.08%
AVB	C	0.06%

LVOL Underweight 65 Positions Relative to SPHQ

Symbol	Grade	Weight
AVGO	C	-5.26%
NFLX	C	-3.6%
ADBE	F	-2.88%
QCOM	D	-2.36%
GE	C	-2.13%
CAT	A	-1.96%
ADP	A	-1.87%
AMAT	D	-1.8%
LMT	A	-1.76%
PGR	C	-1.63%
TJX	C	-1.54%
KLAC	D	-1.28%
NKE	D	-1.17%
LRCX	F	-1.13%
PANW	D	-1.06%
ZTS	B	-0.83%
EMR	B	-0.73%
MPC	F	-0.62%
MCHP	F	-0.53%
ROST	C	-0.51%
LEN	B	-0.49%
IDXX	D	-0.49%
CNC	F	-0.47%
ACGL	A	-0.46%
GEHC	B	-0.45%
KVUE	C	-0.45%
VLO	F	-0.44%
A	B	-0.41%
MLM	D	-0.41%
ROK	D	-0.38%
MNST	D	-0.38%
SYY	B	-0.37%
EBAY	A	-0.35%
VMC	D	-0.34%
DD	B	-0.33%
LULU	D	-0.32%
ADM	D	-0.31%
NVR	A	-0.31%
BALL	B	-0.3%
HSY	D	-0.28%
BLDR	B	-0.27%
DECK	C	-0.26%
K	B	-0.26%
KEYS	C	-0.26%
LYB	D	-0.25%
CLX	B	-0.24%
BAX	D	-0.24%
TROW	D	-0.24%
ULTA	D	-0.23%
EXPD	B	-0.22%
STE	D	-0.22%
CINF	A	-0.21%
OMC	A	-0.2%
POOL	B	-0.2%
JBL	D	-0.17%
EG	B	-0.17%
SWKS	F	-0.16%
AOS	B	-0.13%
CHRW	A	-0.13%
APA	F	-0.11%
MKTX	C	-0.1%
SOLV	D	-0.1%
BWA	C	-0.1%
RL	B	-0.08%
PAYC	D	-0.08%