SPHD vs. LVHD ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to Legg Mason Low Volatility High Dividend ETF (LVHD)

SPHD

PowerShares S&P 500 High Dividend Portfolio

SPHD Description

The PowerShares S&P 500® High Dividend Portfolio (the “Fund”) seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility High Dividend Index (the “Underlying Index”). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. Standard & Poor’s® compiles, maintains and calculates the Underlying Index, which is composed of 50 securities traded on the S&P 500 Index that historically have provided high dividend yields and low volatility. The Fund and the Index are rebalanced and reconstituted semi-annually, in January and July

Grade (RS Rating)

Last Trade

$50.47

Average Daily Volume

720,737

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LVHD

Legg Mason Low Volatility High Dividend ETF

LVHD Description

The investment seeks to track the investment results of the QS Low Volatility High Dividend Index (the "underlying index"). The fund will invest at least 80% of its net assets, plus borrowings for investment purposes, if any, in securities that compose the underlying index. The underlying index composed of equity securities of U.S. companies with relatively high yield and low price and earnings volatility.

Grade (RS Rating)

Last Trade

$40.66

Average Daily Volume

69,010

Number of Holdings ^*

115

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	LVHD
30 Days	5.15%	5.25%
60 Days	8.78%	9.10%
90 Days	14.60%	15.09%
12 Months	28.37%	17.94%

22 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in LVHD	Overlap
CSCO	C	1.42%	2.43%	1.42%
CVX	D	1.46%	2.13%	1.46%
DRI	C	1.6%	1.56%	1.56%
DUK	B	1.78%	2.49%	1.78%
ETR	A	1.87%	1.36%	1.36%
EVRG	A	2.09%	0.9%	0.9%
EXC	A	1.9%	1.86%	1.86%
FE	B	1.89%	0.95%	0.95%
GIS	B	1.69%	2.12%	1.69%
IBM	A	1.8%	2.41%	1.8%
IPG	C	1.85%	0.95%	0.95%
JNJ	B	1.41%	2.5%	1.41%
K	A	2.25%	1.75%	1.75%
KHC	C	2.15%	2.06%	2.06%
LYB	F	2.13%	1.26%	1.26%
MO	C	2.97%	2.54%	2.54%
OKE	A	2.14%	1.84%	1.84%
OMC	B	1.38%	1.09%	1.09%
PNW	A	2.0%	0.69%	0.69%
VICI	B	2.62%	1.59%	1.59%
VZ	A	2.88%	2.24%	2.24%
WEC	B	1.9%	1.44%	1.44%

SPHD Overweight 28 Positions Relative to LVHD

Symbol	Grade	Weight
CCI	B	2.94%
T	A	2.66%
BMY	C	2.47%
D	B	2.43%
O	B	2.37%
PFE	C	2.34%
PM	B	2.33%
KMI	B	2.31%
KVUE	B	2.27%
SPG	B	2.26%
AMCR	B	2.23%
CAG	B	2.13%
ES	B	2.13%
GILD	B	2.04%
DOW	F	2.02%
UPS	D	1.93%
EIX	B	1.91%
FRT	B	1.9%
WMB	A	1.87%
VTRS	C	1.84%
HST	D	1.76%
PRU	C	1.66%
MDT	B	1.61%
SJM	C	1.6%
ABBV	B	1.58%
HRL	C	1.49%
EMN	A	1.38%
XOM	D	1.29%

SPHD Underweight 93 Positions Relative to LVHD

Symbol	Grade	Weight
LMT	B	-2.72%
KO	B	-2.66%
MCD	B	-2.62%
MDLZ	B	-2.6%
KDP	B	-2.59%
SO	A	-2.5%
PEP	B	-2.44%
HD	B	-2.4%
HSY	B	-2.39%
USB	C	-2.36%
AEP	A	-2.25%
KMB	C	-2.22%
XEL	B	-1.91%
PAYX	B	-1.86%
SYY	C	-1.82%
PNC	B	-1.75%
ED	B	-1.4%
FANG	F	-1.14%
DTE	A	-1.08%
AEE	A	-1.03%
NI	A	-0.95%
PKG	B	-0.93%
MAA	A	-0.9%
EQR	B	-0.82%
ESS	A	-0.82%
KIM	B	-0.79%
LNT	A	-0.72%
REG	B	-0.65%
WPC	B	-0.62%
FNF	B	-0.56%
CUBE	A	-0.53%
GLPI	B	-0.51%
BRX	B	-0.48%
ADC	B	-0.48%
OGE	B	-0.44%
NNN	B	-0.37%
STAG	B	-0.35%
POR	A	-0.34%
DTM	B	-0.33%
EPRT	A	-0.31%
ONB	C	-0.31%
SON	C	-0.28%
NSA	A	-0.28%
DOC	B	-0.27%
IDA	B	-0.25%
MSM	D	-0.25%
EPR	B	-0.24%
VLY	C	-0.24%
FNB	D	-0.23%
OGS	A	-0.22%
APLE	D	-0.22%
HIW	A	-0.22%
ALE	B	-0.21%
BKH	A	-0.21%
SR	A	-0.18%
NJR	A	-0.17%
CTRE	A	-0.17%
FULT	D	-0.16%
BNL	A	-0.16%
FIBK	C	-0.15%
AVA	B	-0.15%
BOH	C	-0.14%
LXP	B	-0.14%
UBSI	C	-0.14%
NWE	A	-0.12%
NTST	C	-0.12%
ROIC	B	-0.12%
CBU	C	-0.12%
AUB	C	-0.12%
FHB	C	-0.12%
NHI	B	-0.1%
CNA	C	-0.1%
CVBF	C	-0.1%
FCPT	A	-0.1%
PFS	C	-0.09%
UVV	D	-0.09%
LTC	B	-0.08%
NWN	B	-0.08%
DEA	B	-0.08%
VGR	C	-0.08%
GTY	A	-0.07%
NWBI	C	-0.07%
FRME	D	-0.07%
FCF	C	-0.06%
LADR	B	-0.06%
UNIT	C	-0.06%
AAT	B	-0.06%
TOWN	B	-0.06%
HOPE	C	-0.06%
FFBC	C	-0.06%
NBTB	D	-0.06%
WABC	D	-0.05%
PFBC	C	-0.05%