SPHD vs. VFMV ETF Comparison

Comparison of PowerShares S&P 500 High Dividend Portfolio (SPHD) to Vanguard U.S. Minimum Volatility ETF (VFMV)

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

$50.15

Average Daily Volume

912,380

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$120.63

Average Daily Volume

7,743

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

Performance

Period	SPHD	VFMV
30 Days	1.13%	-0.12%
60 Days	5.92%	2.88%
90 Days	14.74%	6.90%
12 Months	36.78%	28.11%

17 Overlapping Holdings

Symbol	Grade	Weight in SPHD	Weight in VFMV	Overlap
ABBV	B	1.56%	1.34%	1.34%
BMY	B	2.57%	0.31%	0.31%
CSCO	A	1.49%	1.46%	1.46%
CVX	B	1.51%	0.77%	0.77%
DUK	B	1.75%	1.31%	1.31%
GILD	A	2.01%	0.89%	0.89%
GIS	C	1.69%	0.98%	0.98%
IBM	A	1.84%	1.31%	1.31%
JNJ	D	1.36%	1.46%	1.36%
K	A	2.23%	0.4%	0.4%
KMI	A	2.36%	0.24%	0.24%
MO	D	2.84%	0.28%	0.28%
T	A	2.65%	0.51%	0.51%
VZ	B	2.9%	1.2%	1.2%
WEC	A	1.88%	0.39%	0.39%
WMB	A	1.84%	0.97%	0.97%
XOM	A	1.32%	1.42%	1.32%

SPHD Overweight 33 Positions Relative to VFMV

Symbol	Grade	Weight
CCI	C	2.83%
VICI	C	2.54%
D	A	2.39%
O	A	2.34%
PFE	D	2.3%
AMCR	C	2.29%
SPG	A	2.28%
KVUE	C	2.25%
PM	D	2.22%
DOW	B	2.18%
LYB	F	2.15%
CAG	D	2.14%
KHC	F	2.12%
EVRG	C	2.11%
ES	D	2.1%
OKE	A	2.09%
UPS	D	1.98%
ETR	A	1.96%
PNW	B	1.94%
EIX	B	1.93%
EXC	A	1.89%
IPG	D	1.88%
FE	C	1.86%
FRT	D	1.84%
HST	D	1.83%
VTRS	D	1.78%
PRU	C	1.71%
DRI	C	1.65%
SJM	D	1.61%
MDT	C	1.57%
EMN	C	1.53%
HRL	F	1.47%
OMC	C	1.41%

SPHD Underweight 129 Positions Relative to VFMV

Symbol	Grade	Weight
CVLT	C	-1.63%
NTAP	D	-1.57%
TJX	D	-1.56%
TMUS	A	-1.56%
TXN	C	-1.54%
ROP	C	-1.5%
MCK	F	-1.5%
PGR	C	-1.49%
VECO	F	-1.49%
EA	D	-1.48%
WMT	A	-1.47%
WM	B	-1.46%
PG	D	-1.45%
LMT	A	-1.44%
GD	C	-1.43%
MUSA	D	-1.43%
ADI	C	-1.42%
KEX	C	-1.4%
RSG	C	-1.39%
MRK	F	-1.39%
IDT	C	-1.35%
ORLY	A	-1.33%
CHD	D	-1.28%
REGN	D	-1.27%
NOC	B	-1.27%
MCD	A	-1.24%
FCN	C	-1.21%
CME	A	-1.19%
IDCC	A	-1.14%
CBOE	B	-1.13%
DLB	C	-1.06%
LRN	C	-1.05%
CL	D	-1.05%
DOX	B	-1.03%
HSTM	B	-0.97%
MGEE	B	-0.96%
LLY	D	-0.92%
GOOGL	B	-0.87%
CRUS	D	-0.86%
SAFT	D	-0.86%
GPOR	B	-0.85%
UNH	B	-0.85%
INST	B	-0.83%
NSIT	B	-0.83%
CHE	C	-0.81%
LAUR	C	-0.79%
NABL	F	-0.78%
BLKB	C	-0.78%
CAH	B	-0.75%
WTM	C	-0.75%
HPQ	B	-0.72%
AVGO	C	-0.71%
GOOG	B	-0.7%
OSIS	C	-0.7%
QCOM	C	-0.69%
AMGN	D	-0.64%
AAPL	C	-0.64%
YELP	F	-0.63%
MCS	A	-0.61%
META	A	-0.6%
INSW	B	-0.55%
MATX	C	-0.54%
PBH	D	-0.52%
ED	A	-0.51%
NEU	F	-0.49%
FLO	D	-0.47%
KO	C	-0.46%
MSFT	D	-0.45%
FANG	C	-0.45%
HSY	F	-0.45%
V	C	-0.44%
AJG	D	-0.43%
TRV	C	-0.43%
THFF	D	-0.42%
AZO	D	-0.42%
MDLZ	D	-0.39%
RLI	A	-0.36%
NVEC	F	-0.35%
OLLI	C	-0.34%
AMSF	B	-0.34%
JBSS	F	-0.33%
RTX	A	-0.33%
CASS	F	-0.32%
ROL	C	-0.29%
LDOS	A	-0.29%
BRK.A	C	-0.29%
IMMR	D	-0.28%
MTSI	C	-0.26%
LOPE	D	-0.25%
EBF	C	-0.24%
EQC	D	-0.24%
ACN	B	-0.23%
EXEL	B	-0.23%
JJSF	C	-0.23%
OLED	C	-0.19%
SPOK	D	-0.19%
DECK	B	-0.19%
SPNS	D	-0.17%
QNST	C	-0.15%
PSX	D	-0.14%
AMAT	B	-0.13%
DGICA	D	-0.12%
TNK	B	-0.12%
AMZN	C	-0.11%
CLBK	F	-0.1%
DJCO	D	-0.1%
DTM	A	-0.1%
KLAC	B	-0.09%
CNXN	C	-0.08%
CB	B	-0.08%
LRCX	D	-0.08%
KMB	D	-0.07%
GLRE	D	-0.06%
PEP	F	-0.06%
LANC	F	-0.06%
REYN	D	-0.06%
UNM	A	-0.06%
ATR	A	-0.05%
SFL	C	-0.05%
EIG	C	-0.04%
DTE	A	-0.04%
MU	D	-0.04%
AKAM	D	-0.04%
VRTX	D	-0.04%
NBIX	F	-0.04%
CNA	D	-0.04%
SPOT	C	-0.03%
CMS	A	-0.03%
MSI	A	-0.03%