PSCF vs. KBE ETF Comparison

Comparison of PowerShares S&P SmallCap Financials Portfolio (PSCF) to SPDR S&P Bank ETF (KBE)

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

$60.03

Average Daily Volume

3,469

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

KBE

SPDR S&P Bank ETF

KBE 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 national money centers and leading regional banks. In seeking to track the performance of the S&P Banks 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 banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.40

Average Daily Volume

1,795,542

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSCF	KBE
30 Days	5.68%	9.86%
60 Days	5.64%	11.19%
90 Days	11.61%	16.46%
12 Months	41.19%	55.70%

36 Overlapping Holdings

Symbol	Grade	Weight in PSCF	Weight in KBE	Overlap
ABCB	B	1.18%	1.15%	1.15%
AUB	B	1.0%	1.03%	1.0%
AX	B	1.14%	1.32%	1.14%
BANC	B	0.58%	1.16%	0.58%
BANR	B	0.66%	0.75%	0.66%
BKU	A	0.79%	1.1%	0.79%
BOH	B	0.8%	1.22%	0.8%
CATY	B	0.98%	0.97%	0.97%
CBU	B	0.95%	0.99%	0.95%
CMA	B	2.39%	1.21%	1.21%
COOP	B	1.62%	1.06%	1.06%
CVBF	A	0.78%	1.02%	0.78%
FBP	B	0.89%	1.06%	0.89%
FFBC	B	0.73%	0.61%	0.61%
FHB	B	0.91%	0.89%	0.89%
FULT	B	1.0%	1.18%	1.0%
HTH	C	0.39%	0.59%	0.39%
IBTX	B	0.6%	0.78%	0.6%
INDB	B	0.8%	0.99%	0.8%
JXN	C	1.98%	1.31%	1.31%
LKFN	B	0.49%	0.46%	0.46%
NMIH	C	0.78%	0.93%	0.78%
PFS	B	0.73%	1.0%	0.73%
PPBI	B	0.7%	0.79%	0.7%
RDN	D	1.36%	0.98%	0.98%
RNST	B	0.62%	0.82%	0.62%
SBCF	B	0.65%	0.72%	0.65%
SFBS	B	1.24%	0.91%	0.91%
SFNC	B	0.8%	0.64%	0.64%
TBBK	B	0.71%	1.15%	0.71%
TFIN	B	0.57%	0.81%	0.57%
TRMK	B	0.61%	0.62%	0.61%
UCB	A	1.02%	0.88%	0.88%
WAFD	B	0.78%	0.85%	0.78%
WD	D	0.9%	1.01%	0.9%
WSFS	B	0.89%	0.81%	0.81%

PSCF Overweight 126 Positions Relative to KBE

Symbol	Grade	Weight
LNC	B	1.58%
EPRT	A	1.51%
PIPR	B	1.39%
MC	B	1.37%
CTRE	C	1.33%
SLG	B	1.28%
PECO	B	1.25%
AGO	A	1.18%
MAC	A	1.09%
STEP	B	1.07%
BGC	C	1.03%
SKT	A	1.02%
PJT	B	0.98%
APLE	B	0.91%
HIW	D	0.88%
APAM	B	0.85%
HASI	F	0.83%
CWK	C	0.83%
GNW	A	0.83%
BXMT	C	0.81%
DEI	A	0.8%
IIPR	F	0.76%
BFH	B	0.76%
VIRT	A	0.75%
GSHD	A	0.75%
UE	B	0.73%
PRK	B	0.73%
ABR	C	0.72%
SNEX	A	0.72%
CNS	B	0.71%
LXP	D	0.71%
PLMR	A	0.71%
PAYO	A	0.69%
ENVA	B	0.69%
MPW	F	0.68%
AKR	A	0.68%
FCPT	C	0.68%
OUT	A	0.64%
BANF	B	0.63%
NBTB	B	0.61%
ROIC	A	0.58%
EVTC	C	0.58%
NATL	B	0.56%
SHO	D	0.54%
PRG	B	0.53%
STC	B	0.53%
OFG	B	0.53%
CASH	B	0.52%
FBK	B	0.51%
MCY	B	0.51%
JOE	F	0.5%
CHCO	B	0.5%
FCF	B	0.5%
NWBI	B	0.49%
FBNC	B	0.49%
DRH	B	0.48%
NBHC	B	0.48%
TRUP	B	0.46%
HMN	B	0.44%
HOPE	B	0.43%
LTC	B	0.43%
VBTX	B	0.42%
DFIN	D	0.42%
CUBI	C	0.42%
STBA	B	0.42%
VRTS	B	0.41%
GTY	A	0.41%
WABC	B	0.4%
PEB	F	0.39%
XHR	B	0.39%
GNL	D	0.38%
SPNT	A	0.38%
VRE	A	0.38%
ALEX	A	0.37%
ELME	D	0.37%
WT	A	0.36%
UNIT	B	0.36%
JBGS	D	0.35%
BHLB	B	0.34%
EIG	B	0.34%
SAFT	B	0.33%
KW	C	0.33%
AAT	A	0.33%
RC	D	0.31%
NAVI	F	0.31%
DCOM	A	0.31%
PMT	D	0.3%
ARI	C	0.3%
PFBC	B	0.3%
ECPG	C	0.3%
DEA	D	0.3%
BRKL	B	0.29%
CSR	B	0.29%
AMSF	B	0.29%
EXPI	C	0.29%
EFC	D	0.28%
SBSI	B	0.27%
FBRT	C	0.27%
NXRT	A	0.26%
HCI	C	0.25%
TMP	B	0.25%
MMI	B	0.25%
HFWA	B	0.24%
PRAA	D	0.24%
RWT	D	0.24%
PRA	B	0.23%
EGBN	B	0.23%
BDN	C	0.23%
CFFN	B	0.22%
CPF	B	0.22%
BSIG	A	0.21%
HAFC	B	0.2%
AHH	D	0.19%
INN	D	0.18%
TRST	B	0.18%
KREF	D	0.17%
GDOT	D	0.16%
EZPW	A	0.16%
WSR	B	0.16%
AMBC	C	0.15%
HPP	F	0.14%
UHT	D	0.14%
UFCS	A	0.14%
SVC	F	0.12%
BFS	C	0.12%
WRLD	D	0.1%

PSCF Underweight 57 Positions Relative to KBE

Symbol	Grade	Weight
APO	B	-1.42%
WFC	A	-1.37%
EWBC	A	-1.34%
WBS	A	-1.34%
PNFP	B	-1.32%
SNV	B	-1.3%
ASB	B	-1.29%
ZION	B	-1.28%
COLB	B	-1.28%
GBCI	B	-1.28%
CFR	B	-1.28%
WTFC	B	-1.27%
MTB	A	-1.26%
TCBI	B	-1.26%
FHN	B	-1.25%
CADE	B	-1.22%
HBAN	B	-1.22%
NTRS	A	-1.21%
HWC	B	-1.2%
EQH	B	-1.2%
RF	A	-1.19%
KEY	B	-1.19%
ONB	B	-1.19%
C	B	-1.19%
UMBF	B	-1.19%
BAC	A	-1.18%
FCNCA	A	-1.18%
VLY	B	-1.18%
PNC	B	-1.18%
FNB	B	-1.18%
JPM	B	-1.17%
CBSH	B	-1.16%
FFIN	B	-1.15%
CFG	B	-1.15%
OZK	B	-1.15%
HOMB	B	-1.15%
SSB	B	-1.14%
PB	B	-1.14%
UBSI	B	-1.14%
BK	B	-1.13%
WAL	B	-1.13%
USB	A	-1.13%
FITB	B	-1.12%
TFC	B	-1.11%
CRBG	B	-1.11%
VOYA	B	-1.1%
FIBK	A	-1.09%
EBC	B	-1.03%
BPOP	C	-0.99%
MTG	C	-0.98%
BOKF	B	-0.94%
PFSI	D	-0.9%
IBOC	B	-0.89%
ESNT	D	-0.89%
RKT	F	-0.79%
FRME	B	-0.57%
WSBC	B	-0.44%