PFFV vs. VRP ETF Comparison

Comparison of Global X Variable Rate Preferred ETF (PFFV) to PowerShares Variable Rate Preferred Portfolio (VRP)

PFFV

Global X Variable Rate Preferred ETF

PFFV Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE U.S. Variable Rate Preferred Securities Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to track the broad-based performance of the U.S.-listed variable rate preferred securities market. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.07

Average Daily Volume

49,882

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VRP

PowerShares Variable Rate Preferred Portfolio

VRP Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Wells FargoÂ® Hybrid and Preferred Securities Floating and Variable Rate Index. The index is a market capitalization-weighted index designed to track the performance of preferred stock, as well as certain types of "hybrid securities" that are functionally equivalent to preferred stocks, that are issued by US-based or foreign issuers and that pay a floating or variable rate dividend or coupon. The fund generally will invest at least 90% of its total assets in the securities that comprise the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.40

Average Daily Volume

312,026

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFFV	VRP
30 Days	0.86%	1.00%
60 Days	-0.14%	0.72%
90 Days	1.49%	2.38%
12 Months	6.49%	15.71%

9 Overlapping Holdings

Symbol	Grade	Weight in PFFV	Weight in VRP	Overlap
AGNCN	B	1.39%	0.15%	0.15%
AQNB	C	1.49%	0.16%	0.16%
CHSCM	D	2.04%	0.22%	0.22%
CHSCN	D	1.77%	0.19%	0.19%
ESGRP	D	1.27%	0.15%	0.15%
FITBI	C	1.92%	0.21%	0.21%
RZB	C	1.62%	0.18%	0.18%
TVC	C	0.96%	0.11%	0.11%
ZIONO	D	0.58%	0.07%	0.07%

PFFV Overweight 1 Positions Relative to VRP

	Symbol	Grade	Weight
	RZC	C	3.02%

PFFV Underweight 9 Positions Relative to VRP

Symbol	Grade	Weight
AGNC	D	-0.26%
WTFCP	A	-0.13%
NYMTM	B	-0.08%
TVE	C	-0.08%
WTFCM	B	-0.06%
NYMTL	A	-0.06%
NYMTN	D	-0.06%
VLYPO	B	-0.05%
VLYPP	A	-0.05%

PFFV: Top Represented Industries & Keywords

Industries: Farm Products Other Banks - Regional Banks - Regional - US Electric Utilities Insurance - Diversified REIT - Residential