PKW vs. SMLV ETF Comparison

Comparison of PowerShares Buyback Achievers (PKW) to SPDR Russell 2000 Low Volatility (SMLV)

PKW

PowerShares Buyback Achievers

PKW Description

The PowerShares Buyback AchieversTM Portfolio (Fund) is based on the NASDAQ US Buyback AchieversTM 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 track the performance of companies that meet the requirements to be classified as BuyBack Achievers™. To become eligible for inclusion in the Index, a company must be incorporated in the U.S., trade on a US exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc. replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Share Buyback Achievers Index to NASDAQ Buyback Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$115.29

Average Daily Volume

13,629

Number of Holdings ^*

191

* may have additional holdings in another (foreign) market

SMLV

SPDR Russell 2000 Low Volatility

SMLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of a small cap, low volatility index. The fund employs a sampling strategy, which means that the fund is not required to purchase all of the securities represented in the index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index includes small cap U.S. equity securities, including business development companies, and is designed to deliver exposure to low volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$122.38

Average Daily Volume

10,233

Number of Holdings ^*

403

* may have additional holdings in another (foreign) market

Performance

Period	PKW	SMLV
30 Days	4.58%	-0.54%
60 Days	11.47%	5.77%
90 Days	12.40%	13.79%
12 Months	32.74%	28.50%

34 Overlapping Holdings

Symbol	Grade	Weight in PKW	Weight in SMLV	Overlap
AMN	F	0.06%	0.05%	0.05%
ASGN	D	0.15%	0.05%	0.05%
ASH	F	0.15%	0.11%	0.11%
AZTA	F	0.09%	0.02%	0.02%
CNNE	F	0.04%	0.07%	0.04%
CRC	B	0.12%	0.08%	0.08%
CSGS	B	0.05%	0.12%	0.05%
CVCO	C	0.12%	0.06%	0.06%
DEI	A	0.1%	0.1%	0.1%
DK	F	0.04%	0.06%	0.04%
ECVT	F	0.03%	0.05%	0.03%
EIG	A	0.04%	0.86%	0.04%
FPI	D	0.02%	0.08%	0.02%
GPI	C	0.18%	0.07%	0.07%
HCKT	D	0.02%	0.11%	0.02%
HONE	D	0.02%	0.35%	0.02%
HUN	B	0.14%	0.07%	0.07%
HURN	D	0.07%	0.08%	0.07%
IART	F	0.05%	0.04%	0.04%
INVA	B	0.04%	0.1%	0.04%
JBGS	C	0.05%	0.1%	0.05%
LILAK	D	0.05%	0.09%	0.05%
NFBK	D	0.02%	0.32%	0.02%
PZZA	D	0.06%	0.05%	0.05%
RLGT	D	0.01%	0.08%	0.01%
SBSI	D	0.03%	0.68%	0.03%
SCHL	F	0.03%	0.04%	0.03%
SPB	C	0.09%	0.05%	0.05%
TBPH	F	0.01%	0.03%	0.01%
TGNA	B	0.09%	0.12%	0.09%
VIRT	B	0.09%	1.47%	0.09%
WSBF	D	0.01%	0.18%	0.01%
WU	D	0.14%	0.9%	0.14%
ZIP	D	0.02%	0.04%	0.02%

PKW Overweight 157 Positions Relative to SMLV

Symbol	Grade	Weight
TMUS	A	5.28%
JNJ	D	5.01%
BKNG	B	4.86%
CMCSA	B	4.82%
LMT	A	4.75%
DE	C	3.92%
HCA	C	3.59%
FI	A	3.55%
PYPL	A	2.77%
MAR	A	2.46%
CSX	D	2.3%
ORLY	A	2.29%
MCK	F	2.15%
AFL	A	2.14%
HLT	A	1.99%
MET	A	1.99%
MPC	D	1.96%
PSX	D	1.89%
AZO	D	1.86%
AIG	C	1.65%
VLO	F	1.51%
VST	A	1.39%
CNC	F	1.35%
VRSK	D	1.28%
DD	C	1.27%
DFS	A	1.19%
APP	A	1.19%
HIG	A	1.17%
PHM	C	1.02%
CAH	B	0.91%
STT	A	0.9%
BLDR	C	0.81%
GDDY	B	0.75%
CSL	A	0.72%
SYF	A	0.68%
STLD	C	0.67%
EXPE	B	0.65%
CFG	C	0.63%
EXPD	D	0.62%
L	C	0.59%
TXT	F	0.57%
THC	D	0.54%
TOL	C	0.54%
EQH	B	0.46%
JEF	A	0.44%
WMS	D	0.42%
MGM	D	0.42%
CACI	A	0.38%
PAG	D	0.37%
BRKR	D	0.36%
MUSA	D	0.35%
ORI	A	0.33%
EXP	C	0.33%
FOXA	B	0.33%
PRI	A	0.31%
DINO	F	0.3%
CNM	F	0.3%
HRB	C	0.3%
BERY	C	0.27%
WSC	D	0.25%
AN	D	0.25%
NSIT	B	0.24%
ARW	C	0.24%
MTG	A	0.23%
MTN	D	0.23%
R	C	0.22%
CHH	A	0.22%
WH	C	0.22%
KBH	D	0.22%
BYD	B	0.21%
RH	C	0.21%
OLN	D	0.2%
COOP	B	0.2%
NXST	D	0.19%
PVH	D	0.19%
AMG	B	0.19%
BC	C	0.19%
VVV	D	0.18%
TNET	D	0.17%
ABG	D	0.17%
SLM	B	0.17%
SM	D	0.16%
EEFT	F	0.16%
CNX	A	0.16%
DDS	D	0.16%
MATX	C	0.16%
ASO	D	0.15%
GOLF	F	0.14%
DXC	C	0.13%
DOCN	B	0.13%
HGV	F	0.13%
SKYW	B	0.12%
GFF	C	0.12%
FBP	B	0.12%
SLVM	C	0.12%
NSA	D	0.12%
IDCC	A	0.12%
PK	D	0.11%
ATKR	F	0.11%
CAR	D	0.11%
AMR	F	0.11%
LBRT	D	0.11%
BTU	B	0.11%
TNL	B	0.11%
ATGE	D	0.1%
GNW	A	0.1%
HP	D	0.1%
CEIX	B	0.1%
SEB	F	0.1%
CARG	C	0.09%
VAC	D	0.09%
BHF	D	0.09%
ENVA	B	0.08%
PRG	C	0.07%
PEB	D	0.06%
CASH	C	0.06%
NAVI	D	0.06%
PLAY	D	0.05%
XHR	A	0.05%
GBX	C	0.05%
ATSG	D	0.04%
ODP	F	0.04%
SAH	D	0.04%
XRX	D	0.04%
PRA	C	0.03%
LPRO	D	0.03%
STGW	B	0.03%
DXPE	C	0.03%
ANAB	D	0.03%
JACK	F	0.03%
HTZ	F	0.03%
CGEM	F	0.03%
LSEA	D	0.02%
CCRN	F	0.02%
OPY	D	0.02%
LXU	C	0.02%
NR	F	0.02%
SNCY	F	0.02%
IMXI	F	0.02%
EGBN	C	0.02%
KELYA	D	0.02%
RYI	D	0.02%
LQDT	C	0.02%
SKIN	F	0.01%
MX	F	0.01%
CHGG	F	0.01%
MBI	F	0.01%
TASK	F	0.01%
ZYXI	F	0.01%
ONTF	F	0.01%
GCO	D	0.01%
SENEA	C	0.01%
DBI	F	0.01%
DENN	D	0.01%
NECB	C	0.01%
LWAY	B	0.01%
LOCO	C	0.01%

PKW Underweight 369 Positions Relative to SMLV

Symbol	Grade	Weight
NNI	B	-1.76%
PJT	A	-1.76%
THG	A	-1.63%
CBU	D	-1.53%
PRK	D	-1.35%
ONB	D	-1.33%
NBTB	D	-1.32%
ESGR	C	-1.23%
CHCO	D	-1.22%
FFIN	D	-1.17%
NWBI	D	-1.15%
TOWN	C	-1.11%
CNO	B	-1.11%
GCMG	A	-1.09%
NBHC	D	-1.08%
HMN	B	-1.05%
MGRC	D	-1.04%
BUSE	D	-1.02%
SYBT	C	-1.02%
EFSC	D	-1.02%
SASR	B	-0.99%
IBOC	D	-0.99%
FCF	D	-0.99%
STBA	D	-0.98%
WAFD	D	-0.95%
FULT	D	-0.93%
RDN	D	-0.92%
TRMK	D	-0.91%
WABC	F	-0.9%
NIC	D	-0.89%
GBCI	B	-0.89%
HOMB	D	-0.89%
QCRH	C	-0.86%
BLX	B	-0.85%
SAFT	D	-0.84%
SFNC	B	-0.81%
AGM	D	-0.81%
WSBC	D	-0.8%
LKFN	D	-0.78%
GABC	D	-0.78%
SRCE	D	-0.74%
PEBO	F	-0.72%
EQC	D	-0.71%
EVTC	D	-0.68%
AMSF	B	-0.66%
FBMS	D	-0.65%
OBK	D	-0.65%
BRKL	D	-0.63%
PAX	F	-0.62%
CTBI	B	-0.61%
BFC	D	-0.58%
FMBH	D	-0.57%
UVSP	B	-0.57%
BHRB	D	-0.56%
TMP	C	-0.54%
HFWA	D	-0.53%
CFFN	D	-0.52%
NFG	A	-0.51%
FCBC	D	-0.47%
TRST	D	-0.44%
TRIN	C	-0.44%
CAC	C	-0.41%
FMNB	D	-0.38%
MCBS	D	-0.38%
HTBI	D	-0.36%
GSBC	D	-0.36%
CCNE	D	-0.35%
THFF	D	-0.35%
AROW	D	-0.34%
CCBG	D	-0.33%
ESQ	C	-0.32%
DHIL	C	-0.32%
BHB	D	-0.32%
FLO	D	-0.31%
MPB	B	-0.31%
EBF	B	-0.3%
SMBK	C	-0.29%
ALRS	B	-0.29%
KRNY	C	-0.28%
SPFI	D	-0.28%
HIFS	D	-0.27%
AGX	A	-0.27%
BSRR	D	-0.27%
ORRF	C	-0.26%
GLRE	B	-0.26%
ACNB	C	-0.25%
FBIZ	D	-0.25%
IDA	D	-0.25%
FMAO	D	-0.25%
OKLO	C	-0.25%
NWE	C	-0.25%
FSBC	C	-0.24%
PNM	B	-0.24%
NHC	D	-0.23%
PFIS	D	-0.23%
MGEE	C	-0.22%
CPK	C	-0.22%
HBCP	D	-0.22%
PECO	C	-0.22%
EBTC	C	-0.22%
BKH	C	-0.22%
ARTNA	F	-0.22%
CZNC	D	-0.21%
SLGN	B	-0.21%
SR	D	-0.21%
FSBW	D	-0.21%
BWB	B	-0.21%
SBR	C	-0.2%
GNTY	C	-0.2%
WTBA	D	-0.2%
NWN	D	-0.2%
CSWI	A	-0.19%
FLIC	B	-0.19%
SXT	C	-0.18%
VLGEA	D	-0.18%
FNLC	D	-0.18%
DEA	D	-0.18%
NPK	F	-0.18%
FRST	D	-0.18%
GTY	C	-0.18%
TRC	D	-0.17%
PSTL	D	-0.17%
BRC	C	-0.16%
CTO	D	-0.16%
JJSF	C	-0.16%
CBNK	C	-0.16%
CMPO	B	-0.16%
TRS	D	-0.15%
FELE	C	-0.15%
BNL	C	-0.15%
HTLD	F	-0.15%
LXP	D	-0.15%
EXPO	A	-0.15%
GPOR	B	-0.15%
ICFI	C	-0.15%
ARKO	C	-0.15%
LTC	D	-0.14%
CVLT	B	-0.14%
GENC	D	-0.14%
PLXS	A	-0.14%
FCPT	C	-0.14%
CALM	A	-0.14%
UNF	A	-0.14%
WERN	D	-0.14%
NHI	C	-0.14%
PBH	D	-0.14%
CSR	D	-0.14%
BMI	A	-0.14%
SCL	D	-0.13%
COLM	B	-0.13%
ACA	C	-0.13%
CTRE	C	-0.13%
UFPT	D	-0.13%
HWKN	B	-0.13%
SNDR	D	-0.13%
SMP	D	-0.13%
KREF	C	-0.13%
GOOD	A	-0.13%
ADMA	A	-0.13%
NTST	F	-0.13%
UHT	D	-0.13%
HSTM	B	-0.13%
UTMD	F	-0.13%
MRTN	F	-0.12%
BHE	C	-0.12%
HNI	B	-0.12%
ESE	C	-0.12%
ROAD	C	-0.12%
JBSS	F	-0.12%
MWA	A	-0.12%
HIW	C	-0.12%
FSS	D	-0.12%
VMI	B	-0.12%
PKE	D	-0.12%
AFCG	D	-0.12%
GEF	B	-0.12%
BCAL	F	-0.12%
GATX	F	-0.12%
PRGS	A	-0.12%
GHC	A	-0.11%
DORM	C	-0.11%
ICUI	B	-0.11%
MLR	B	-0.11%
LNN	C	-0.11%
PINC	F	-0.11%
ADUS	D	-0.11%
FTDR	B	-0.11%
IRT	D	-0.11%
CUZ	C	-0.11%
NOMD	D	-0.11%
CBZ	F	-0.11%
KW	C	-0.11%
OSIS	C	-0.11%
HCC	C	-0.11%
GRC	B	-0.11%
RGP	F	-0.1%
CCOI	B	-0.1%
GMRE	C	-0.1%
CASS	F	-0.1%
PAHC	C	-0.1%
SRCL	B	-0.1%
WDFC	B	-0.1%
ACIW	A	-0.1%
MOG.A	C	-0.1%
WEN	B	-0.1%
RUSHA	D	-0.1%
MSGS	A	-0.1%
BFS	C	-0.1%
LMAT	A	-0.1%
AROC	B	-0.1%
NTCT	C	-0.1%
HUBG	D	-0.1%
TNC	F	-0.09%
PSMT	A	-0.09%
SXI	B	-0.09%
AHH	F	-0.09%
RNGR	C	-0.09%
AVT	B	-0.09%
ALG	F	-0.09%
PLOW	D	-0.09%
ATNI	C	-0.09%
HSII	D	-0.09%
DNB	D	-0.09%
CHCT	F	-0.09%
INSM	D	-0.09%
BLKB	C	-0.09%
RDWR	B	-0.09%
WINA	C	-0.09%
PCH	C	-0.09%
TRNS	D	-0.09%
RGR	F	-0.08%
SHOO	A	-0.08%
WEYS	C	-0.08%
SPNS	B	-0.08%
EPAC	A	-0.08%
APOG	B	-0.08%
VAL	F	-0.08%
ENS	B	-0.08%
PLUS	B	-0.08%
SXC	F	-0.08%
KFRC	F	-0.08%
SQSP	A	-0.08%
LOPE	D	-0.08%
AZZ	B	-0.08%
BBSI	B	-0.08%
ABM	D	-0.08%
APLE	B	-0.08%
OMCL	C	-0.08%
NCNO	F	-0.08%
MTX	C	-0.08%
MGIC	C	-0.08%
IOSP	F	-0.08%
GLDD	A	-0.08%
KAI	C	-0.08%
LZB	D	-0.08%
SATS	C	-0.08%
PRIM	A	-0.08%
PBT	D	-0.08%
PRGO	F	-0.07%
FORR	F	-0.07%
ENV	C	-0.07%
FUL	F	-0.07%
SUPN	D	-0.07%
IBEX	C	-0.07%
MLAB	B	-0.07%
AMSWA	C	-0.07%
CRI	D	-0.07%
CXT	F	-0.07%
SPOK	D	-0.07%
MEI	D	-0.07%
CORT	B	-0.07%
TTMI	D	-0.07%
AVNS	D	-0.07%
BOX	C	-0.07%
SANM	D	-0.07%
PRDO	D	-0.07%
SFL	D	-0.07%
CTS	B	-0.07%
KN	B	-0.07%
LAUR	C	-0.07%
MRCY	B	-0.07%
ITGR	B	-0.07%
VPG	F	-0.06%
ATEX	D	-0.06%
ARCH	D	-0.06%
ATEN	B	-0.06%
STRA	F	-0.06%
AGIO	D	-0.06%
ETD	C	-0.06%
SEM	D	-0.06%
IRDM	C	-0.06%
NVEC	D	-0.06%
SCSC	D	-0.06%
JOUT	F	-0.06%
CABO	F	-0.06%
VSH	F	-0.06%
CMCO	D	-0.06%
CSV	D	-0.06%
AIN	F	-0.06%
TPH	C	-0.06%
MNRO	B	-0.06%
GPRK	F	-0.06%
MMSI	C	-0.06%
VIAV	C	-0.06%
CENT	F	-0.06%
ITRN	D	-0.06%
JBT	B	-0.06%
MYRG	D	-0.05%
NEOG	F	-0.05%
SHEN	F	-0.05%
VECO	F	-0.05%
NATR	F	-0.05%
SRDX	D	-0.05%
MTRN	F	-0.05%
JBI	F	-0.05%
CNMD	F	-0.05%
CNXC	F	-0.05%
HRMY	D	-0.05%
BL	D	-0.05%
GKOS	B	-0.05%
FORM	D	-0.05%
WK	D	-0.05%
AMPH	C	-0.05%
ZD	D	-0.05%
POWI	F	-0.05%
PDCO	F	-0.05%
AEIS	B	-0.05%
ALKS	B	-0.05%
LIVN	C	-0.05%
MATW	F	-0.05%
NVST	D	-0.05%
HAE	F	-0.05%
RDNT	C	-0.05%
FSTR	D	-0.05%
OFIX	D	-0.05%
AMED	D	-0.05%
IRMD	B	-0.05%
CEVA	B	-0.05%
IMTX	F	-0.04%
ALRM	F	-0.04%
RARE	D	-0.04%
ARCO	D	-0.04%
TTGT	F	-0.04%
ANIP	F	-0.04%
USPH	F	-0.04%
NARI	F	-0.04%
OXM	F	-0.04%
NRC	F	-0.04%
OGN	F	-0.04%
IPGP	D	-0.04%
PTCT	C	-0.04%
LEG	D	-0.04%
VRNT	F	-0.04%
USNA	F	-0.04%
THRM	F	-0.04%
KIDS	F	-0.04%
ANIK	F	-0.04%
XNCR	D	-0.04%
BOWL	D	-0.04%
AAP	F	-0.03%
IRWD	F	-0.03%
PCRX	D	-0.03%
HELE	D	-0.03%
VREX	F	-0.03%
HLF	F	-0.03%
CBRL	D	-0.03%
HI	F	-0.03%
ATRC	C	-0.03%
ACAD	F	-0.02%