QUAL vs. PWV ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to PowerShares Dynamic LargeCap Value (PWV)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$184.37

Average Daily Volume

939,741

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

PWV

PowerShares Dynamic LargeCap Value

PWV Description

The PowerShares Dynamic Large Cap Value Portfolio (Fund) is based on the Dynamic Large Cap Value IntellidexSM 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 capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10 factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$61.62

Average Daily Volume

32,374

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	PWV
30 Days	2.22%	5.45%
60 Days	2.60%	6.55%
90 Days	3.68%	6.53%
12 Months	31.61%	31.21%

7 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in PWV	Overlap
AFL	B	0.42%	1.41%	0.42%
CAT	B	1.4%	1.49%	1.4%
DHI	D	0.7%	1.19%	0.7%
JNJ	D	2.15%	3.0%	2.15%
KO	D	1.43%	2.82%	1.43%
LMT	D	1.08%	1.31%	1.08%
TXN	D	1.34%	3.0%	1.34%

QUAL Overweight 116 Positions Relative to PWV

Symbol	Grade	Weight
NVDA	C	6.93%
AAPL	B	5.44%
MSFT	D	4.5%
V	A	4.5%
MA	B	4.22%
META	D	4.09%
LLY	F	3.42%
UNH	B	2.81%
COST	B	2.55%
TJX	A	2.03%
GOOGL	C	1.77%
ADBE	C	1.76%
NFLX	B	1.76%
ADP	B	1.75%
CSCO	A	1.74%
COP	D	1.73%
ACN	B	1.67%
GOOG	C	1.55%
NKE	F	1.41%
CMG	B	1.26%
AMAT	F	1.17%
QCOM	F	1.15%
LIN	D	1.14%
PEP	F	1.1%
BLK	C	0.99%
SRE	A	0.93%
SLB	C	0.89%
KLAC	F	0.77%
MMC	A	0.74%
ANET	C	0.73%
ITW	A	0.73%
LRCX	F	0.73%
PLD	D	0.71%
PEG	A	0.69%
LULU	C	0.66%
VRTX	D	0.62%
CTAS	B	0.6%
GWW	A	0.59%
CDNS	B	0.58%
TPL	B	0.58%
SHW	A	0.57%
PSA	C	0.55%
MCO	A	0.53%
CME	A	0.52%
NVR	D	0.52%
SNPS	B	0.51%
ZTS	D	0.51%
ED	D	0.5%
APH	B	0.5%
MMM	D	0.5%
PAYX	B	0.49%
DECK	A	0.49%
GRMN	A	0.48%
TSCO	C	0.43%
PHM	C	0.43%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
ODFL	B	0.34%
AMP	B	0.33%
ULTA	F	0.31%
IDXX	F	0.3%
WSM	B	0.29%
BBY	D	0.29%
FERG	B	0.28%
ACGL	D	0.26%
CSGP	C	0.26%
AVB	B	0.24%
EW	C	0.24%
ROK	B	0.22%
POOL	C	0.22%
EQT	B	0.22%
VLTO	C	0.21%
MNST	B	0.21%
NTAP	C	0.21%
MANH	C	0.2%
EA	C	0.2%
A	D	0.2%
APA	F	0.19%
TROW	A	0.19%
MPWR	F	0.18%
EQR	B	0.18%
EME	B	0.17%
RMD	C	0.17%
LPLA	B	0.17%
VEEV	B	0.16%
PPG	D	0.15%
HSY	F	0.15%
KEYS	B	0.15%
CBOE	B	0.14%
WAT	B	0.13%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	C	0.12%
GGG	B	0.11%
OMC	C	0.1%
PKG	B	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
AVY	D	0.08%
PAYC	A	0.08%
UTHR	C	0.08%
SEIC	A	0.07%
MKTX	D	0.07%
ENPH	F	0.06%
SMCI	D	0.06%
AOS	D	0.06%
AFG	A	0.06%
SOLV	C	0.05%
IPG	C	0.05%
WBA	D	0.03%

QUAL Underweight 42 Positions Relative to PWV

Symbol	Grade	Weight
WFC	A	-4.18%
BAC	A	-3.72%
CVX	B	-3.52%
JPM	B	-3.5%
IBM	C	-3.46%
XOM	C	-3.27%
ABT	B	-3.27%
VZ	B	-3.26%
BRK.A	B	-3.25%
PG	A	-3.22%
AMGN	D	-2.81%
ABBV	D	-2.73%
KMI	B	-1.79%
MS	B	-1.77%
OKE	C	-1.75%
COF	B	-1.74%
DELL	C	-1.64%
LNG	B	-1.64%
CMI	A	-1.62%
BK	A	-1.59%
T	A	-1.59%
JCI	C	-1.59%
ET	B	-1.58%
PNC	A	-1.56%
URI	B	-1.53%
GM	B	-1.53%
MET	A	-1.51%
KR	A	-1.5%
EOG	C	-1.46%
LHX	C	-1.46%
PRU	A	-1.45%
CB	D	-1.4%
VLO	C	-1.37%
RTX	D	-1.37%
AIG	B	-1.37%
PSX	C	-1.34%
KMB	C	-1.3%
MPC	F	-1.28%
LEN	C	-1.26%
CI	D	-1.25%
CNC	F	-1.03%
ELV	F	-0.99%