SMLV vs. PFI ETF Comparison

Comparison of SPDR Russell 2000 Low Volatility (SMLV) to PowerShares Dynamic Financial (PFI)

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

$137.25

Average Daily Volume

5,662

Number of Holdings ^*

404

* may have additional holdings in another (foreign) market

PFI

PowerShares Dynamic Financial

PFI Description

The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$62.51

Average Daily Volume

6,448

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMLV	PFI
30 Days	9.69%	9.19%
60 Days	9.99%	13.02%
90 Days	10.47%	16.42%
12 Months	39.31%	49.21%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMLV	Weight in PFI	Overlap

SMLV Overweight 404 Positions Relative to PFI

Symbol	Grade	Weight
PJT	A	1.89%
CBU	B	1.65%
THG	A	1.63%
NNI	D	1.56%
VIRT	A	1.49%
ONB	C	1.44%
PRK	B	1.42%
NBTB	B	1.37%
CHCO	B	1.25%
FFIN	B	1.19%
NWBI	B	1.17%
NBHC	C	1.15%
CNO	B	1.14%
SYBT	B	1.13%
ESGR	B	1.12%
SASR	B	1.09%
EFSC	B	1.08%
HMN	B	1.08%
IBOC	B	1.07%
TOWN	B	1.06%
MGRC	B	1.02%
GBCI	B	1.02%
FCF	B	1.02%
GCMG	A	1.01%
TRMK	C	1.0%
FULT	A	0.98%
QCRH	B	0.97%
NIC	B	0.96%
BUSE	B	0.96%
WABC	B	0.95%
HOMB	A	0.93%
WAFD	B	0.93%
STBA	B	0.91%
WSBC	B	0.89%
EIG	B	0.86%
SFNC	C	0.85%
GABC	B	0.84%
BLX	B	0.84%
AGM	B	0.83%
RDN	D	0.82%
LKFN	C	0.81%
SAFT	B	0.79%
PEBO	B	0.77%
SRCE	B	0.76%
AMSF	B	0.73%
BRKL	B	0.72%
WU	F	0.71%
FBMS	B	0.68%
CTBI	B	0.68%
SBSI	C	0.67%
OBK	C	0.65%
EVTC	B	0.65%
EQC	B	0.64%
TMP	B	0.63%
PAX	C	0.61%
OKLO	B	0.61%
BFC	B	0.6%
HFWA	C	0.59%
UVSP	B	0.59%
FMBH	B	0.57%
CFFN	C	0.56%
BHRB	B	0.56%
NFG	A	0.48%
FCBC	C	0.48%
TRST	B	0.44%
CAC	C	0.44%
MCBS	B	0.4%
TRIN	A	0.4%
AGX	B	0.38%
AROW	B	0.37%
GSBC	C	0.37%
CCNE	C	0.37%
FMNB	B	0.36%
THFF	B	0.36%
NFBK	C	0.35%
HTBI	B	0.35%
ESQ	B	0.34%
HONE	C	0.34%
BHB	C	0.34%
CCBG	B	0.33%
SMBK	B	0.33%
MPB	B	0.31%
KRNY	C	0.31%
SPFI	C	0.3%
DHIL	B	0.3%
HIFS	C	0.29%
BSRR	B	0.28%
ORRF	B	0.27%
FMAO	B	0.27%
ALRS	D	0.27%
IDA	A	0.26%
FLO	D	0.26%
EBF	F	0.25%
ACNB	B	0.25%
FBIZ	B	0.25%
FSBC	C	0.24%
GLRE	B	0.24%
HBCP	C	0.23%
EBTC	C	0.23%
WTBA	B	0.23%
PFIS	A	0.23%
PNM	B	0.23%
MGEE	B	0.23%
NWE	C	0.22%
BWB	B	0.21%
BKH	A	0.21%
NHC	C	0.21%
CZNC	C	0.2%
FSBW	C	0.2%
SLGN	A	0.2%
CPK	A	0.2%
PECO	A	0.2%
ARTNA	F	0.19%
SR	A	0.19%
SBR	B	0.19%
NWN	A	0.19%
CSWI	B	0.19%
GNTY	A	0.19%
FLIC	B	0.19%
FNLC	C	0.18%
FRST	B	0.17%
GTY	A	0.17%
VLGEA	C	0.17%
NPK	B	0.17%
PSTL	D	0.16%
DEA	D	0.16%
SXT	C	0.16%
CBNK	B	0.16%
WSBF	C	0.16%
JJSF	C	0.15%
PBH	A	0.15%
CTO	B	0.15%
GPOR	B	0.15%
CMPO	B	0.15%
WT	A	0.15%
CALM	A	0.15%
TRS	B	0.14%
WERN	C	0.14%
ROAD	B	0.14%
FELE	B	0.14%
HSTM	B	0.14%
ICFI	F	0.14%
BRC	D	0.14%
PLXS	B	0.14%
HTLD	C	0.14%
CVLT	B	0.14%
TRC	F	0.14%
ACA	A	0.13%
GOOD	B	0.13%
LXP	D	0.13%
GATX	A	0.13%
VMI	B	0.13%
GENC	C	0.13%
SNDR	B	0.13%
BCAL	B	0.13%
UNF	B	0.13%
CSR	B	0.13%
LTC	B	0.13%
ELME	D	0.13%
TGNA	B	0.13%
ADMA	B	0.13%
ARKO	C	0.13%
BMI	B	0.13%
PINC	B	0.12%
HWKN	B	0.12%
SMP	C	0.12%
FTDR	B	0.12%
NHI	D	0.12%
FCPT	C	0.12%
COLM	C	0.12%
ESE	B	0.12%
CBZ	B	0.12%
GEF	A	0.12%
HCKT	B	0.12%
UTMD	F	0.12%
BNL	C	0.12%
CSGS	B	0.12%
PKE	B	0.12%
EXPO	D	0.12%
MWA	B	0.12%
LMAT	A	0.11%
MRTN	D	0.11%
HCC	B	0.11%
FSS	B	0.11%
RNGR	A	0.11%
RUSHA	C	0.11%
UHT	D	0.11%
KREF	C	0.11%
PRIM	A	0.11%
OSIS	A	0.11%
SXC	A	0.11%
AROC	A	0.11%
GHC	B	0.11%
HNI	B	0.11%
GRC	A	0.11%
SCL	C	0.11%
NTST	C	0.11%
BHE	C	0.11%
UFPT	C	0.11%
MLR	C	0.11%
CTRE	C	0.11%
DORM	B	0.11%
PRGS	A	0.11%
WEN	D	0.1%
CASS	C	0.1%
MSGS	A	0.1%
LNN	B	0.1%
MOG.A	B	0.1%
IRT	A	0.1%
KW	C	0.1%
INVA	D	0.1%
DEI	B	0.1%
NCNO	C	0.1%
HSII	B	0.1%
NTCT	C	0.1%
WDFC	B	0.1%
CUZ	B	0.1%
PAHC	C	0.1%
HIW	C	0.1%
HUBG	A	0.1%
ACIW	C	0.1%
BLKB	B	0.09%
NOMD	D	0.09%
GLDD	B	0.09%
ALG	B	0.09%
SXI	B	0.09%
BBSI	B	0.09%
WINA	C	0.09%
CRC	A	0.09%
APOG	C	0.09%
DNB	B	0.09%
KAI	B	0.09%
CHCT	C	0.09%
RDWR	B	0.09%
BFS	C	0.09%
ADUS	D	0.09%
JBSS	F	0.09%
CCOI	B	0.09%
AFCG	D	0.09%
ICUI	D	0.09%
APLE	B	0.08%
AVT	C	0.08%
PCH	D	0.08%
PSMT	D	0.08%
JBGS	F	0.08%
MRCY	C	0.08%
AHH	D	0.08%
LZB	B	0.08%
ABM	B	0.08%
IOSP	C	0.08%
TTMI	C	0.08%
HURN	C	0.08%
CORT	B	0.08%
INSM	C	0.08%
RLGT	B	0.08%
GMRE	F	0.08%
RGP	F	0.08%
PRDO	B	0.08%
EPAC	C	0.08%
MTX	B	0.08%
OMCL	C	0.08%
FPI	B	0.08%
PBT	B	0.08%
LOPE	C	0.08%
ASH	F	0.08%
GPI	B	0.07%
VIAV	C	0.07%
KN	B	0.07%
BOX	B	0.07%
ENS	F	0.07%
CNNE	B	0.07%
SPOK	B	0.07%
MGIC	D	0.07%
TNC	D	0.07%
KFRC	D	0.07%
SANM	B	0.07%
TRNS	D	0.07%
ITGR	B	0.07%
PLOW	D	0.07%
SUPN	C	0.07%
AZZ	A	0.07%
WEYS	C	0.07%
CTS	C	0.07%
JBT	B	0.07%
LAUR	A	0.07%
IRMD	C	0.06%
ECVT	C	0.06%
SFL	D	0.06%
SEM	B	0.06%
CMCO	C	0.06%
RDNT	B	0.06%
HAE	C	0.06%
GPRK	C	0.06%
PLUS	F	0.06%
FUL	F	0.06%
MNRO	D	0.06%
FSTR	B	0.06%
OFIX	C	0.06%
MYRG	B	0.06%
ATEN	A	0.06%
MMSI	A	0.06%
ITRN	A	0.06%
FORR	C	0.06%
ENV	B	0.06%
CENT	C	0.06%
IBEX	B	0.06%
CXT	C	0.06%
ARCH	B	0.06%
CVCO	A	0.06%
PRGO	C	0.06%
AGIO	C	0.06%
SHOO	F	0.06%
CABO	B	0.06%
SATS	D	0.06%
RGR	F	0.06%
CSV	B	0.06%
LGTY	C	0.06%
VAL	F	0.06%
MTRN	C	0.05%
AMED	F	0.05%
AORT	B	0.05%
POWI	F	0.05%
ATEX	F	0.05%
ASGN	F	0.05%
VSH	F	0.05%
JOUT	F	0.05%
TTGT	B	0.05%
LIVN	F	0.05%
ETD	C	0.05%
MEI	F	0.05%
XNCR	B	0.05%
CRI	F	0.05%
SPB	C	0.05%
MATW	C	0.05%
NATR	C	0.05%
HUN	F	0.05%
ATNI	F	0.05%
IRDM	D	0.05%
NVEC	B	0.05%
DK	C	0.05%
NVST	B	0.05%
GKOS	B	0.05%
ALKS	C	0.05%
AEIS	C	0.05%
MLAB	F	0.05%
AIN	C	0.05%
AVNS	F	0.05%
BL	B	0.05%
LILAK	D	0.05%
SPNS	F	0.05%
TPH	D	0.05%
SCSC	C	0.05%
WK	B	0.05%
CEVA	B	0.05%
STRA	C	0.05%
ZD	B	0.05%
ZIP	D	0.04%
SHEN	F	0.04%
TBPH	B	0.04%
THRM	F	0.04%
ALRM	C	0.04%
ANIP	F	0.04%
KIDS	D	0.04%
HRMY	F	0.04%
NEOG	F	0.04%
FORM	D	0.04%
USPH	B	0.04%
IPGP	D	0.04%
VRNT	C	0.04%
BOWL	C	0.04%
SRDX	B	0.04%
USNA	C	0.04%
AMPH	F	0.04%
ATRC	C	0.04%
PZZA	F	0.04%
PDCO	F	0.04%
VPG	F	0.04%
IART	C	0.04%
CNMD	C	0.04%
NARI	C	0.04%
PTCT	B	0.04%
IRWD	F	0.03%
ANIK	D	0.03%
CBRL	C	0.03%
RARE	F	0.03%
HELE	C	0.03%
OGN	F	0.03%
JBI	F	0.03%
PCRX	C	0.03%
HLF	C	0.03%
OXM	F	0.03%
NRC	F	0.03%
HI	C	0.03%
VECO	F	0.03%
ARCO	F	0.03%
SCHL	F	0.03%
CNXC	F	0.03%
LEG	F	0.03%
VREX	B	0.03%
AZTA	D	0.02%
ACAD	C	0.02%
AMN	F	0.02%
AAP	D	0.02%
IMTX	F	0.02%

SMLV Underweight 40 Positions Relative to PFI

Symbol	Grade	Weight
MA	B	-5.01%
AMP	A	-4.44%
ARES	A	-4.16%
KKR	A	-3.73%
JPM	A	-3.48%
V	A	-3.17%
EVR	B	-2.91%
FCNCA	A	-2.8%
HOOD	B	-2.73%
WAL	B	-2.73%
AXP	A	-2.54%
JEF	A	-2.53%
BRO	B	-2.52%
COOP	B	-2.42%
KNSL	B	-2.39%
MMC	B	-2.24%
AFL	B	-2.07%
PIPR	A	-2.06%
WRB	A	-2.04%
PGR	A	-2.03%
PRI	B	-2.02%
HLI	A	-1.96%
SPG	A	-1.96%
JXN	C	-1.91%
ICE	C	-1.8%
ACGL	C	-1.79%
SFBS	B	-1.72%
VCTR	B	-1.65%
BGC	C	-1.63%
HLNE	B	-1.62%
SLG	B	-1.59%
ENVA	B	-1.49%
RDFN	D	-1.43%
MTG	C	-1.32%
BPOP	C	-1.23%
OFG	B	-1.22%
ERIE	D	-1.15%
TREE	F	-1.11%
NMRK	C	-1.05%
UWMC	D	-0.77%