SMMV vs. XMLV ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$37.12

Average Daily Volume

46,601

Number of Holdings ^*

291

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$54.58

Average Daily Volume

34,389

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	XMLV
30 Days	-0.38%	-1.60%
60 Days	0.12%	-2.02%
90 Days	1.16%	-1.16%
12 Months	10.99%	9.12%

45 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in XMLV	Overlap
ADC	B	1.35%	1.49%	1.35%
ALE	C	0.29%	1.2%	0.29%
AM	B	0.4%	1.34%	0.4%
ATR	D	1.44%	1.52%	1.44%
CACI	B	0.84%	1.45%	0.84%
CASY	B	0.83%	1.36%	0.83%
CHE	D	1.46%	1.18%	1.18%
CVLT	B	0.94%	1.28%	0.94%
CW	C	0.67%	1.47%	0.67%
DCI	D	0.33%	1.32%	0.33%
DLB	D	1.03%	1.09%	1.03%
DTM	B	0.91%	1.54%	0.91%
EHC	B	1.07%	1.39%	1.07%
FLO	D	0.96%	1.05%	0.96%
GHC	D	0.51%	1.06%	0.51%
GNTX	D	1.15%	1.22%	1.15%
HLI	A	0.33%	1.2%	0.33%
IDA	D	1.01%	1.35%	1.01%
INGR	D	0.67%	1.39%	0.67%
KBR	D	0.54%	1.11%	0.54%
LSTR	D	0.93%	1.29%	0.93%
MDU	C	0.93%	1.28%	0.93%
MMS	B	0.29%	1.19%	0.29%
MSM	F	0.62%	1.2%	0.62%
MUSA	C	1.56%	1.42%	1.42%
NEU	D	0.82%	1.09%	0.82%
NJR	D	0.24%	1.29%	0.24%
NWE	D	0.64%	1.28%	0.64%
OGE	C	1.12%	1.38%	1.12%
OGS	C	0.14%	1.17%	0.14%
OHI	B	0.58%	1.27%	0.58%
ORI	D	1.49%	1.44%	1.44%
PNM	D	0.67%	1.49%	0.67%
POR	D	0.52%	1.22%	0.52%
POST	C	0.86%	1.38%	0.86%
RGA	C	1.17%	1.29%	1.17%
RLI	D	1.14%	1.23%	1.14%
SIGI	F	1.23%	1.17%	1.17%
SNX	D	0.37%	1.18%	0.37%
SON	F	0.5%	1.15%	0.5%
SR	C	0.07%	1.26%	0.07%
THG	D	1.0%	1.2%	1.0%
TXRH	B	0.6%	1.23%	0.6%
UNM	D	0.25%	1.1%	0.25%
WEN	F	0.62%	1.14%	0.62%

SMMV Overweight 246 Positions Relative to XMLV

Symbol	Grade	Weight
RGLD	B	1.46%
AXS	C	1.33%
EXEL	C	1.26%
HQY	B	1.19%
ENSG	B	1.07%
WTM	D	0.97%
PAGP	B	0.87%
RNR	D	0.87%
PNW	C	0.86%
PSN	C	0.83%
BJ	B	0.82%
FCN	D	0.78%
SFM	B	0.72%
PBH	C	0.72%
LOPE	C	0.71%
TKO	B	0.71%
IONS	B	0.69%
ALKS	C	0.69%
BWXT	B	0.68%
AMED	A	0.68%
HESM	A	0.66%
RYAN	B	0.65%
CCCS	D	0.64%
MSGS	B	0.64%
BRC	B	0.63%
INSM	A	0.62%
CTRE	A	0.62%
CALM	B	0.56%
LRN	D	0.55%
JJSF	B	0.55%
FCFS	F	0.55%
ESGR	A	0.55%
MSA	C	0.54%
VNOM	B	0.53%
CCOI	D	0.53%
INSW	C	0.51%
HRB	B	0.5%
PRGS	B	0.48%
PCVX	B	0.48%
PINC	F	0.48%
WERN	F	0.47%
NYT	A	0.46%
TGNA	D	0.46%
NSIT	C	0.45%
EQC	C	0.44%
IBKR	B	0.44%
VRRM	B	0.43%
PDCO	F	0.42%
LAUR	C	0.42%
ADUS	B	0.41%
JAZZ	F	0.41%
GO	D	0.41%
AVT	D	0.4%
LANC	B	0.39%
HURN	C	0.39%
BATRK	B	0.39%
MGEE	D	0.38%
REYN	D	0.38%
VIRT	C	0.37%
KNTK	B	0.36%
CWST	B	0.36%
CSWI	A	0.35%
XENE	F	0.35%
IDYA	F	0.34%
MGRC	D	0.34%
GPOR	D	0.34%
SMPL	D	0.34%
NHC	A	0.33%
CWAN	B	0.33%
VVV	B	0.32%
UNF	B	0.32%
ASH	D	0.32%
MCY	C	0.32%
BHE	D	0.31%
DRS	B	0.31%
HMN	D	0.3%
SNDR	B	0.3%
DVAX	D	0.3%
PRDO	C	0.3%
YELP	F	0.29%
OLLI	B	0.29%
SAIC	D	0.28%
DBX	D	0.27%
SKWD	D	0.27%
CRAI	C	0.26%
OPCH	F	0.26%
WT	B	0.26%
CRNX	D	0.25%
AVPT	B	0.25%
EIG	C	0.25%
NWLI	A	0.25%
OSW	B	0.24%
WABC	D	0.24%
MIRM	B	0.24%
SCI	C	0.24%
SAFT	D	0.24%
IDCC	A	0.23%
COLL	C	0.23%
NTST	D	0.23%
HWKN	B	0.23%
LBTYK	C	0.22%
KRP	B	0.22%
IMKTA	F	0.21%
PPC	B	0.21%
AGX	C	0.2%
CORT	C	0.2%
AVA	D	0.2%
HCC	C	0.2%
EDR	A	0.2%
INVA	B	0.2%
SWX	D	0.19%
JBSS	D	0.18%
NTCT	D	0.18%
AMSF	F	0.18%
CHH	B	0.18%
AWR	D	0.18%
ARCH	C	0.18%
BFC	D	0.18%
RARE	D	0.18%
KNSA	C	0.17%
SPNT	D	0.17%
SHEN	C	0.17%
PJT	A	0.17%
ICFI	D	0.17%
ATEN	C	0.17%
USLM	C	0.17%
CWT	C	0.17%
RGR	F	0.16%
HALO	B	0.16%
KRYS	B	0.16%
CNXN	D	0.16%
WMK	D	0.16%
GTX	D	0.16%
PRGO	F	0.16%
NABL	B	0.16%
VITL	C	0.15%
IRWD	F	0.15%
BLKB	D	0.15%
VVX	C	0.14%
CHCO	C	0.14%
HSTM	C	0.14%
SPTN	F	0.14%
KELYA	D	0.14%
LSXMA	C	0.14%
ADMA	B	0.14%
REX	F	0.14%
VREX	F	0.13%
IDT	D	0.13%
ATGE	A	0.13%
CNX	C	0.13%
ACHC	F	0.13%
IRON	C	0.13%
SMP	F	0.12%
EBF	B	0.12%
CXW	D	0.12%
CIEN	F	0.12%
GPK	D	0.12%
ALRM	C	0.12%
CLW	D	0.12%
SLGN	D	0.12%
STRA	C	0.11%
LTC	A	0.11%
HCKT	D	0.11%
DJCO	B	0.11%
USM	B	0.11%
UVE	D	0.11%
NTNX	C	0.11%
DHIL	F	0.1%
ANIP	D	0.1%
LQDT	B	0.1%
CCRN	F	0.1%
ACEL	D	0.1%
UFCS	D	0.1%
LMAT	A	0.1%
YORW	B	0.1%
ACT	C	0.09%
NPK	D	0.09%
AGIO	C	0.09%
ATEX	B	0.09%
THS	C	0.09%
FC	C	0.09%
PBF	F	0.09%
LQDA	C	0.09%
ITCI	C	0.08%
GWRE	A	0.08%
MATX	B	0.08%
SCHL	D	0.08%
ACLX	C	0.08%
CEIX	B	0.08%
RAMP	C	0.08%
PLXS	D	0.08%
EPAC	B	0.08%
HCI	F	0.08%
ZYME	C	0.08%
FRPH	F	0.08%
DK	F	0.07%
SENEA	C	0.07%
METC	D	0.07%
SPRY	C	0.07%
IMNM	F	0.07%
TBPH	D	0.07%
CPK	C	0.07%
WINA	D	0.07%
CRVL	B	0.07%
SEB	F	0.07%
CNSL	B	0.07%
OSIS	C	0.07%
TIPT	F	0.07%
BBSI	B	0.07%
NRC	F	0.07%
CART	C	0.06%
AESI	C	0.06%
NTGR	C	0.06%
GEO	B	0.06%
DORM	C	0.06%
UTI	B	0.06%
BOX	D	0.06%
BATRA	C	0.06%
TARS	C	0.06%
USPH	F	0.06%
COKE	B	0.06%
RMR	D	0.06%
HG	D	0.06%
MCS	F	0.06%
IMXI	F	0.06%
DAWN	D	0.05%
SWBI	D	0.05%
TH	D	0.05%
MITK	F	0.05%
ANAB	B	0.05%
EWTX	B	0.05%
GNK	D	0.05%
IMAX	C	0.05%
ACAD	C	0.05%
ADEA	C	0.05%
SQSP	B	0.05%
BTU	C	0.05%
UTZ	D	0.05%
CGON	D	0.05%
CGEM	D	0.04%
CRGX	F	0.04%
ITOS	D	0.04%
IRMD	B	0.04%
KROS	F	0.04%
ROG	D	0.04%
BMEA	F	0.02%

SMMV Underweight 35 Positions Relative to XMLV

Symbol	Grade	Weight
SEIC	D	-1.52%
GLPI	B	-1.45%
NNN	B	-1.41%
ELS	C	-1.33%
AMH	A	-1.33%
PRI	C	-1.31%
EGP	B	-1.29%
EPR	C	-1.28%
ESNT	C	-1.27%
STAG	B	-1.26%
MTG	B	-1.26%
AFG	D	-1.25%
ACM	D	-1.24%
GATX	B	-1.23%
KEX	B	-1.21%
USFD	C	-1.21%
VOYA	D	-1.2%
BRX	B	-1.19%
WH	C	-1.19%
GGG	D	-1.18%
NFG	D	-1.17%
FHI	C	-1.17%
WTRG	C	-1.16%
FR	C	-1.16%
SF	B	-1.14%
PFGC	D	-1.14%
WPC	D	-1.13%
COLM	D	-1.12%
ITT	D	-1.09%
VNT	D	-1.09%
BKH	D	-1.09%
ARW	D	-1.08%
RPM	D	-1.07%
PCH	F	-1.05%
LECO	F	-0.94%