SMRI vs. SPVU ETF Comparison

Comparison of Bushido Capital US Equity ETF (SMRI) to PowerShares S&P 500 Value Portfolio (SPVU)

SMRI

Bushido Capital US Equity ETF

SMRI Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in U.S. listed common stock.

Grade (RS Rating)

Last Trade

$33.54

Average Daily Volume

5,628

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPVU

PowerShares S&P 500 Value Portfolio

SPVU Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Enhanced Value Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to track the performance of approximately 100 stocks in the S&P 500 Index that have the highest "value score," which the index provider calculates based on fundamental ratios of a company&#39;s stock. A value stock tends to trade at a lower price relative to such fundamentals and thus may be considered undervalued by investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.67

Average Daily Volume

6,863

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMRI	SPVU
30 Days	10.48%	6.88%
60 Days	9.99%	8.56%
90 Days	11.21%	8.93%
12 Months	34.42%	34.86%

22 Overlapping Holdings

Symbol	Grade	Weight in SMRI	Weight in SPVU	Overlap
BG	F	1.68%	0.44%	0.44%
BWA	D	1.89%	0.2%	0.2%
CI	F	1.71%	1.81%	1.71%
CNC	D	1.46%	0.99%	0.99%
COR	B	2.0%	0.73%	0.73%
CVX	A	2.04%	4.54%	2.04%
DAL	C	2.56%	1.07%	1.07%
DVN	F	1.78%	0.44%	0.44%
EG	C	1.97%	0.44%	0.44%
FANG	D	1.84%	0.49%	0.49%
HPE	B	2.1%	0.58%	0.58%
JBL	B	2.11%	0.36%	0.36%
LEN	D	1.71%	0.83%	0.83%
LKQ	D	1.79%	0.2%	0.2%
MCK	B	2.34%	1.38%	1.38%
MOH	F	1.64%	0.33%	0.33%
MPC	D	1.79%	1.63%	1.63%
NRG	B	1.93%	0.38%	0.38%
NUE	C	1.81%	0.76%	0.76%
PHM	D	1.68%	0.51%	0.51%
VLO	C	1.94%	1.59%	1.59%
XOM	B	1.91%	4.91%	1.91%

SMRI Overweight 28 Positions Relative to SPVU

Symbol	Grade	Weight
APP	B	4.07%
DOCU	A	2.55%
EXPE	B	2.33%
SNA	A	2.33%
VST	B	2.32%
EPAM	C	2.28%
BKNG	A	2.22%
ZM	B	2.2%
PCAR	B	2.16%
EME	C	2.14%
GEN	B	2.07%
OC	A	2.07%
CAH	B	2.04%
FFIV	B	2.03%
PYPL	B	2.03%
PAYX	C	2.03%
UTHR	C	2.0%
EOG	A	1.97%
ABNB	C	1.91%
SLB	C	1.87%
QCOM	F	1.81%
NTAP	C	1.79%
NVR	D	1.76%
BLD	D	1.68%
AMGN	D	1.68%
WSM	B	1.59%
MRK	F	1.58%
ELV	F	1.43%

SMRI Underweight 77 Positions Relative to SPVU

Symbol	Grade	Weight
JPM	A	-5.7%
BAC	A	-5.25%
BRK.A	B	-5.16%
WFC	A	-4.93%
T	A	-3.92%
CMCSA	B	-3.39%
VZ	C	-2.85%
C	A	-2.63%
CVS	D	-2.46%
GM	B	-2.39%
COF	B	-1.61%
PSX	C	-1.58%
USB	A	-1.43%
PNC	B	-1.43%
F	C	-1.43%
EMR	A	-1.27%
FDX	B	-1.25%
AIG	B	-1.24%
BK	A	-1.04%
UAL	A	-1.0%
KR	B	-0.96%
DHI	D	-0.94%
ADM	D	-0.93%
PRU	A	-0.9%
MTB	A	-0.84%
CHTR	C	-0.82%
HUM	C	-0.76%
ACGL	D	-0.73%
SYF	B	-0.63%
HIG	B	-0.63%
VICI	C	-0.6%
STT	A	-0.6%
ETR	B	-0.57%
FITB	A	-0.56%
KHC	F	-0.56%
CINF	A	-0.55%
HBAN	A	-0.53%
RF	A	-0.52%
ED	D	-0.5%
HPQ	B	-0.5%
CFG	B	-0.46%
STLD	B	-0.45%
WBD	C	-0.42%
TSN	B	-0.4%
BALL	D	-0.38%
APTV	D	-0.37%
LYB	F	-0.37%
L	A	-0.37%
BAX	D	-0.36%
BBY	D	-0.35%
LUV	C	-0.33%
TAP	C	-0.32%
KEY	B	-0.32%
PFG	D	-0.32%
MRO	B	-0.3%
KMX	B	-0.28%
VTRS	A	-0.26%
SW	A	-0.25%
EVRG	A	-0.24%
FOXA	B	-0.24%
MOS	F	-0.24%
CAG	D	-0.24%
AIZ	A	-0.23%
GL	B	-0.22%
UHS	D	-0.21%
SOLV	C	-0.2%
CZR	F	-0.19%
EMN	D	-0.18%
APA	D	-0.17%
PNW	B	-0.16%
PARA	C	-0.15%
CE	F	-0.15%
BEN	C	-0.15%
FMC	D	-0.15%
HII	D	-0.14%
WBA	F	-0.14%
MHK	D	-0.11%