SMMV vs. XSHQ ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to PowerShares S&P SmallCap Quality Portfolio (XSHQ)

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

$40.78

Average Daily Volume

306,916

Number of Holdings ^*

288

* may have additional holdings in another (foreign) market

XSHQ

PowerShares S&P SmallCap Quality Portfolio

XSHQ Description

The PowerShares S&P SmallCap Quality Portfolio (the "Fund") is based on the S&P SmallCap 600 Quality Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index that have the highest quality score, which is calculated based on the average of three fundamental measures: return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

Grade (RS Rating)

Last Trade

$43.35

Average Daily Volume

94,184

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	XSHQ
30 Days	3.03%	6.16%
60 Days	5.32%	5.58%
90 Days	10.13%	12.43%
12 Months	21.86%	22.97%

28 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in XSHQ	Overlap
ALKS	C	1.0%	2.0%	1.0%
AMSF	C	1.0%	0.38%	0.38%
ARCH	F	1.0%	0.9%	0.9%
ATEN	C	1.0%	0.39%	0.39%
BRC	C	1.0%	1.18%	1.0%
CCRN	F	1.0%	0.2%	0.2%
CEIX	D	1.0%	1.2%	1.0%
CHCO	B	1.0%	0.53%	0.53%
CLW	F	1.0%	0.14%	0.14%
COLL	C	1.0%	0.53%	0.53%
CORT	C	1.0%	1.39%	1.0%
CRVL	B	1.0%	1.21%	1.0%
DORM	B	1.0%	0.96%	0.96%
EIG	C	1.0%	0.37%	0.37%
EPAC	B	1.0%	0.8%	0.8%
HCI	C	1.0%	0.3%	0.3%
HWKN	C	1.0%	0.62%	0.62%
IDCC	B	1.0%	1.1%	1.0%
JBSS	D	1.0%	0.36%	0.36%
LQDT	B	1.0%	0.16%	0.16%
MCY	D	1.0%	0.48%	0.48%
NHC	D	1.0%	0.53%	0.53%
NPK	D	1.0%	0.12%	0.12%
PDCO	F	1.0%	0.53%	0.53%
PJT	B	1.0%	1.66%	1.0%
REX	D	1.0%	0.29%	0.29%
WABC	D	1.0%	0.51%	0.51%
YELP	F	1.0%	0.74%	0.74%

SMMV Overweight 260 Positions Relative to XSHQ

Symbol	Grade	Weight
MITK	F	1.0%
ROG	F	1.0%
CGEM	D	1.0%
GNK	D	1.0%
SWBI	F	1.0%
METC	F	1.0%
DAWN	D	1.0%
GEO	F	1.0%
IRMD	C	1.0%
BTU	D	1.0%
ITOS	F	1.0%
EWTX	B	1.0%
DK	F	1.0%
ACAD	F	1.0%
USPH	F	1.0%
ADEA	C	1.0%
SQSP	A	1.0%
TH	D	1.0%
CRGX	C	1.0%
AESI	C	1.0%
IMXI	D	1.0%
UTI	D	1.0%
KROS	C	1.0%
CART	A	1.0%
UTZ	C	1.0%
CGON	C	1.0%
BATRA	D	1.0%
RAMP	F	1.0%
TBPH	F	1.0%
IMAX	C	1.0%
TARS	C	1.0%
SEB	D	1.0%
PBF	F	1.0%
SENEA	C	1.0%
RMR	C	1.0%
SCHL	D	1.0%
NRC	F	1.0%
SR	B	1.0%
COKE	C	1.0%
CNSL	B	1.0%
BOX	C	1.0%
ACT	B	1.0%
OSIS	D	1.0%
HG	C	1.0%
WINA	D	1.0%
MATX	B	1.0%
LQDA	F	1.0%
CPK	B	1.0%
ANAB	C	1.0%
MCS	C	1.0%
BBSI	B	1.0%
NTGR	C	1.0%
IMNM	D	1.0%
ITCI	D	1.0%
TIPT	B	1.0%
FRPH	D	1.0%
ANIP	D	1.0%
STRA	F	1.0%
FC	D	1.0%
ATEX	D	1.0%
UFCS	D	1.0%
SPRY	C	1.0%
AGIO	C	1.0%
GWRE	A	1.0%
PLXS	A	1.0%
VITL	D	1.0%
DHIL	C	1.0%
THS	C	1.0%
VREX	F	1.0%
ALRM	F	1.0%
ACLX	B	1.0%
YORW	D	1.0%
IRWD	F	1.0%
USM	C	1.0%
CXW	F	1.0%
LMAT	C	1.0%
ACEL	C	1.0%
NTNX	C	1.0%
ZYME	B	1.0%
LTC	C	1.0%
GPK	B	1.0%
EBF	B	1.0%
UVE	C	1.0%
IDT	C	1.0%
HCKT	C	1.0%
KELYA	D	1.0%
ATGE	C	1.0%
DJCO	A	1.0%
CIEN	C	1.0%
NABL	D	1.0%
SMP	C	1.0%
VVX	D	1.0%
IRON	D	1.0%
GTX	F	1.0%
HSTM	C	1.0%
CNX	B	1.0%
HCC	F	1.0%
SHEN	F	1.0%
OGS	B	1.0%
ACHC	C	1.0%
SLGN	B	1.0%
RGR	D	1.0%
BLKB	C	1.0%
SPTN	C	1.0%
PRGO	D	1.0%
KRYS	D	1.0%
WMK	C	1.0%
CNXN	B	1.0%
HALO	C	1.0%
NTCT	C	1.0%
SWX	C	1.0%
CHH	C	1.0%
BFC	B	1.0%
SPNT	C	1.0%
CWT	C	1.0%
USLM	B	1.0%
KRP	C	1.0%
EDR	A	1.0%
AWR	B	1.0%
ICFI	B	1.0%
KNSA	C	1.0%
ADMA	B	1.0%
PPC	D	1.0%
IMKTA	D	1.0%
AVA	C	1.0%
OSW	C	1.0%
AGX	B	1.0%
LBTYK	B	1.0%
INVA	B	1.0%
CRAI	D	1.0%
NTST	D	1.0%
WT	D	1.0%
RARE	B	1.0%
NJR	B	1.0%
SAFT	D	1.0%
SCI	B	1.0%
AVPT	B	1.0%
CRNX	C	1.0%
DBX	D	1.0%
MMS	C	1.0%
OLLI	C	1.0%
MIRM	D	1.0%
VVV	D	1.0%
SKWD	C	1.0%
ASH	D	1.0%
ALE	B	1.0%
DVAX	D	1.0%
HMN	D	1.0%
GPOR	D	1.0%
GO	F	1.0%
OPCH	C	1.0%
PRDO	D	1.0%
SMPL	D	1.0%
BHE	D	1.0%
SAIC	C	1.0%
DCI	C	1.0%
SNDR	B	1.0%
MGRC	F	1.0%
SNX	D	1.0%
HLI	B	1.0%
UNF	C	1.0%
LANC	D	1.0%
IDYA	F	1.0%
AVT	C	1.0%
KNTK	B	1.0%
XENE	F	1.0%
BATRK	D	1.0%
AM	C	1.0%
CWST	D	1.0%
INSW	D	1.0%
CSWI	B	1.0%
CWAN	B	1.0%
VRRM	D	1.0%
HURN	C	1.0%
IBKR	B	1.0%
JAZZ	D	1.0%
REYN	C	1.0%
LAUR	C	1.0%
DRS	C	1.0%
MGEE	B	1.0%
ADUS	B	1.0%
TGNA	D	1.0%
NYT	C	1.0%
NSIT	D	1.0%
EQC	C	1.0%
WERN	D	1.0%
PRGS	C	1.0%
MSA	D	1.0%
KBR	D	1.0%
VIRT	C	1.0%
PINC	C	1.0%
SON	C	1.0%
GHC	B	1.0%
ESGR	D	1.0%
JJSF	C	1.0%
HRB	C	1.0%
VNOM	C	1.0%
POR	C	1.0%
TXRH	C	1.0%
MSM	D	1.0%
IONS	F	1.0%
FCFS	C	1.0%
CCCS	D	1.0%
CALM	A	1.0%
HESM	D	1.0%
LRN	B	1.0%
WEN	C	1.0%
MSGS	B	1.0%
AMED	C	1.0%
OHI	B	1.0%
CW	B	1.0%
CCOI	C	1.0%
BWXT	D	1.0%
UNM	B	1.0%
LOPE	D	1.0%
PCVX	C	1.0%
RYAN	D	1.0%
TKO	B	1.0%
INSM	D	1.0%
NWE	B	1.0%
CTRE	C	1.0%
BJ	D	1.0%
PNM	B	1.0%
PBH	B	1.0%
PAGP	C	1.0%
FCN	D	1.0%
INGR	B	1.0%
CASY	D	1.0%
NEU	D	1.0%
SFM	B	1.0%
DLB	D	1.0%
LSTR	D	1.0%
CACI	B	1.0%
POST	C	1.0%
MDU	C	1.0%
WTM	D	1.0%
DTM	B	1.0%
GNTX	F	1.0%
PSN	B	1.0%
FLO	C	1.0%
PNW	C	1.0%
RNR	C	1.0%
HQY	C	1.0%
CVLT	B	1.0%
IDA	C	1.0%
THG	B	1.0%
EHC	C	1.0%
RGA	C	1.0%
SIGI	D	1.0%
RLI	B	1.0%
OGE	C	1.0%
ENSG	B	1.0%
AXS	B	1.0%
EXEL	C	1.0%
CHE	C	1.0%
ATR	B	1.0%
RGLD	C	1.0%
ADC	C	1.0%
ORI	B	1.0%
MUSA	D	1.0%

SMMV Underweight 86 Positions Relative to XSHQ

Symbol	Grade	Weight
MLI	A	-3.65%
JXN	A	-2.78%
AWI	B	-2.38%
BMI	A	-2.07%
APAM	C	-2.03%
IBP	D	-2.02%
KTB	B	-1.97%
FSS	D	-1.71%
BCC	B	-1.68%
LNC	D	-1.64%
WDFC	C	-1.6%
BCPC	C	-1.59%
MHO	B	-1.55%
SIG	C	-1.54%
FTDR	B	-1.52%
RDN	C	-1.51%
ASO	C	-1.49%
JBT	D	-1.49%
SM	F	-1.38%
FELE	C	-1.27%
FBP	C	-1.22%
CNS	B	-1.22%
AGO	C	-1.2%
AEO	F	-1.18%
AX	D	-1.14%
NMIH	B	-1.12%
TBBK	B	-1.06%
AGYS	D	-1.05%
GMS	D	-1.04%
AMR	F	-1.03%
OTTR	F	-0.98%
HP	F	-0.98%
LCII	C	-0.96%
SHOO	B	-0.96%
PATK	B	-0.9%
CATY	C	-0.89%
POWL	C	-0.87%
UE	B	-0.86%
PLMR	C	-0.83%
IOSP	D	-0.77%
ROCK	D	-0.75%
WOR	D	-0.72%
ASTH	B	-0.71%
DFIN	B	-0.69%
BKE	B	-0.69%
OFG	C	-0.68%
CASH	B	-0.68%
IPAR	F	-0.64%
KLG	C	-0.64%
TNC	F	-0.64%
ANDE	D	-0.62%
PRG	B	-0.62%
CENTA	F	-0.61%
APOG	B	-0.6%
GRBK	B	-0.59%
SXI	C	-0.57%
GIII	C	-0.55%
LKFN	C	-0.51%
BANF	B	-0.49%
HRMY	B	-0.48%
FIZZ	D	-0.47%
STAA	F	-0.47%
PLAB	F	-0.46%
AMWD	D	-0.46%
LPG	F	-0.45%
OXM	F	-0.44%
WS	D	-0.44%
CSGS	C	-0.42%
CENX	D	-0.42%
GDEN	D	-0.42%
VRTS	F	-0.41%
DNOW	D	-0.4%
CAL	F	-0.39%
WNC	F	-0.39%
LNN	D	-0.39%
PFBC	D	-0.38%
MCRI	C	-0.36%
TILE	B	-0.34%
IIIN	D	-0.26%
CVI	F	-0.24%
MNRO	D	-0.22%
PCRX	F	-0.19%
SLP	F	-0.16%
GES	F	-0.15%
RES	D	-0.14%
USNA	F	-0.12%