PSCF vs. IAK ETF Comparison

Comparison of PowerShares S&P SmallCap Financials Portfolio (PSCF) to iShares U.S. Insurance ETF (IAK)

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

$47.17

Average Daily Volume

851

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$112.00

Average Daily Volume

66,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSCF	IAK
30 Days	0.26%	-2.07%
60 Days	-0.58%	-2.54%
90 Days	1.25%	-3.52%
12 Months	16.20%	30.06%

14 Overlapping Holdings

Symbol	Grade	Weight in PSCF	Weight in IAK	Overlap
AGO	D	1.33%	0.57%	0.57%
AMBC	F	0.18%	0.1%	0.1%
AMSF	F	0.27%	0.14%	0.14%
EIG	C	0.35%	0.1%	0.1%
GNW	D	0.87%	0.23%	0.23%
HMN	D	0.43%	0.17%	0.17%
LNC	C	1.76%	0.56%	0.56%
MCY	C	0.46%	0.21%	0.21%
PLMR	C	0.67%	0.3%	0.3%
PRA	F	0.2%	0.08%	0.08%
SAFT	D	0.37%	0.11%	0.11%
STC	D	0.56%	0.22%	0.22%
TRUP	B	0.34%	0.16%	0.16%
UFCS	D	0.15%	0.08%	0.08%

PSCF Overweight 144 Positions Relative to IAK

Symbol	Grade	Weight
CMA	C	2.2%
COOP	D	1.73%
JXN	C	1.68%
EPRT	A	1.61%
RDN	B	1.55%
PECO	C	1.32%
MC	A	1.32%
SLG	B	1.2%
CTRE	A	1.19%
PIPR	A	1.18%
BGC	C	1.1%
HASI	D	1.08%
WD	D	1.06%
ABCB	C	1.06%
MAC	D	1.06%
APLE	D	1.05%
IIPR	B	1.01%
SFBS	C	1.0%
BXMT	C	0.99%
FBP	B	0.99%
UCBI	D	0.98%
FULT	D	0.98%
AUB	C	0.97%
AX	B	0.95%
SKT	D	0.94%
HIW	C	0.93%
APAM	D	0.93%
WSFS	B	0.92%
LXP	B	0.91%
ABR	B	0.91%
NMIH	B	0.9%
CATY	D	0.88%
SITC	B	0.86%
FHB	C	0.86%
PJT	A	0.8%
MPW	F	0.8%
CBU	B	0.8%
STEP	B	0.79%
FCPT	B	0.75%
CVBF	C	0.74%
DEI	D	0.74%
BOH	F	0.74%
BKU	C	0.72%
PPBI	F	0.71%
SFNC	D	0.71%
UE	B	0.71%
OUT	C	0.7%
FFBC	D	0.69%
SNEX	B	0.69%
EVTC	F	0.69%
SHO	C	0.68%
CWK	C	0.68%
INDB	D	0.68%
PRK	B	0.67%
NATL	B	0.66%
VIRT	C	0.65%
SBCF	D	0.64%
TBBK	B	0.64%
WAFD	C	0.63%
JOE	D	0.63%
AKR	A	0.62%
CNS	B	0.62%
PFS	D	0.62%
NBTB	B	0.59%
TRMK	C	0.59%
BANC	D	0.59%
OFG	B	0.58%
DRH	D	0.57%
RNST	B	0.56%
BANR	C	0.55%
ENVA	B	0.55%
IBTX	B	0.54%
PEB	D	0.52%
ROIC	C	0.52%
LKFN	D	0.51%
CHCO	C	0.51%
VRTS	D	0.5%
DFIN	D	0.49%
LTC	A	0.49%
GNL	C	0.48%
CASH	B	0.48%
NWBI	C	0.48%
NBHC	B	0.48%
PRG	D	0.48%
XHR	D	0.47%
GSHD	D	0.47%
HTH	D	0.46%
FCF	B	0.46%
FBK	B	0.45%
CUBI	B	0.45%
FBNC	C	0.44%
RC	C	0.43%
JBGS	B	0.43%
GTY	D	0.43%
HOPE	C	0.42%
DEA	B	0.42%
ARI	D	0.42%
WABC	D	0.42%
STBA	B	0.41%
BANF	D	0.41%
ALEX	B	0.4%
PMT	C	0.39%
NAVI	F	0.38%
KW	C	0.38%
VBTX	C	0.37%
AAT	B	0.36%
SPNT	D	0.36%
EFC	B	0.34%
CSR	B	0.33%
ECPG	D	0.32%
BHLB	C	0.31%
PFBC	D	0.3%
NXRT	C	0.29%
SVC	F	0.28%
RWT	B	0.28%
EXPI	F	0.27%
MMI	D	0.25%
BRKL	D	0.25%
BDN	D	0.25%
SBSI	D	0.25%
PRAA	F	0.25%
AHH	B	0.24%
DCOM	C	0.23%
HCI	F	0.22%
CFFN	C	0.22%
BSIG	C	0.22%
UNIT	D	0.22%
WSR	B	0.21%
INN	D	0.21%
HPP	D	0.21%
TMP	C	0.2%
HFWA	D	0.2%
CHCT	F	0.19%
CPF	B	0.19%
EZPW	D	0.18%
TRST	C	0.18%
EGBN	F	0.18%
KREF	D	0.17%
BFS	C	0.16%
HAFC	C	0.16%
UHT	C	0.16%
WRLD	D	0.14%
GDOT	F	0.14%
RILY	F	0.09%

PSCF Underweight 39 Positions Relative to IAK

Symbol	Grade	Weight
PGR	B	-15.39%
CB	C	-12.92%
AIG	D	-6.23%
TRV	D	-5.81%
PRU	B	-4.6%
AFL	B	-4.53%
MET	D	-4.53%
ACGL	C	-4.5%
ALL	D	-4.45%
HIG	C	-4.1%
MKL	D	-2.85%
CINF	C	-2.58%
PFG	D	-2.37%
WRB	C	-2.22%
L	D	-1.89%
FNF	D	-1.67%
ERIE	C	-1.28%
UNM	D	-1.19%
AIZ	D	-1.19%
KNSL	F	-1.18%
PRI	C	-1.15%
AFG	D	-1.13%
ORI	D	-1.09%
GL	D	-0.98%
RLI	D	-0.8%
SIGI	F	-0.8%
FAF	D	-0.79%
AXS	C	-0.77%
THG	D	-0.65%
WTM	D	-0.63%
KMPR	C	-0.52%
CNO	B	-0.42%
BHF	F	-0.4%
OSCR	D	-0.36%
SKWD	D	-0.21%
CNA	B	-0.19%
NWLI	A	-0.17%
LMND	C	-0.16%
JRVR	F	-0.05%