SPLV vs. BIV ETF Comparison

Comparison of PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) to Vanguard Intermediate-Term Bond ETF (BIV)

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund 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 and consists of the 100 stocks from the S&P 500 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 in February, May, August and November.

Grade (RS Rating)

Last Trade

$73.93

Average Daily Volume

1,575,652

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$75.48

Average Daily Volume

1,237,116

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	SPLV	BIV
30 Days	1.83%	-1.05%
60 Days	3.96%	-3.46%
90 Days	5.83%	-2.38%
12 Months	22.58%	6.28%

96 Overlapping Holdings

Symbol	Grade	Weight in SPLV	Weight in BIV	Overlap
ABBV	F	0.0%	0.05%	0.0%
ABT	B	0.98%	0.01%	0.01%
ADP	A	1.11%	0.02%	0.02%
AEP	C	0.91%	0.01%	0.01%
AFL	B	0.0%	0.01%	0.0%
AIG	B	0.0%	0.01%	0.0%
ATO	A	1.21%	0.01%	0.01%
AVB	B	0.92%	0.01%	0.01%
AVY	F	0.92%	0.01%	0.01%
BK	A	0.99%	0.01%	0.01%
BR	A	0.98%	0.02%	0.02%
BRO	B	0.92%	0.01%	0.01%
BSX	A	1.07%	0.02%	0.02%
CB	C	1.02%	0.03%	0.03%
CBOE	C	0.0%	0.01%	0.0%
CHD	A	1.07%	0.01%	0.01%
CME	B	1.04%	0.01%	0.01%
CMS	C	1.03%	0.01%	0.01%
COST	A	0.02%	0.01%	0.01%
CSX	C	0.85%	0.01%	0.01%
CTAS	B	0.94%	0.02%	0.02%
CVX	A	0.93%	0.01%	0.01%
DGX	A	0.0%	0.01%	0.0%
DRI	B	0.0%	0.01%	0.0%
DTE	C	0.9%	0.01%	0.01%
DUK	C	1.07%	0.01%	0.01%
EA	A	1.03%	0.02%	0.02%
ECL	D	0.91%	0.01%	0.01%
ED	C	1.0%	0.01%	0.01%
EIX	B	0.96%	0.01%	0.01%
ETR	B	0.0%	0.01%	0.0%
EVRG	A	1.02%	0.01%	0.01%
FRT	B	0.89%	0.01%	0.01%
GD	D	1.03%	0.02%	0.02%
GIS	D	0.88%	0.01%	0.01%
HIG	B	0.91%	0.02%	0.02%
HON	C	1.11%	0.01%	0.01%
ICE	C	1.06%	0.01%	0.01%
ITW	B	1.09%	0.01%	0.01%
JNJ	C	1.11%	0.01%	0.01%
JPM	A	0.01%	0.01%	0.01%
KDP	F	0.97%	0.01%	0.01%
KMB	C	0.99%	0.01%	0.01%
KMI	A	1.07%	0.01%	0.01%
KO	D	1.37%	0.01%	0.01%
L	A	1.15%	0.01%	0.01%
LDOS	C	0.73%	0.02%	0.02%
LHX	C	0.9%	0.01%	0.01%
LIN	C	1.08%	0.01%	0.01%
LMT	D	1.04%	0.02%	0.02%
LNT	A	1.05%	0.01%	0.01%
LYB	F	0.9%	0.01%	0.01%
MA	B	1.13%	0.01%	0.01%
MCD	D	0.97%	0.02%	0.02%
MDLZ	F	1.0%	0.01%	0.01%
MDT	D	0.92%	0.01%	0.01%
MET	A	0.0%	0.02%	0.0%
MMC	B	1.17%	0.02%	0.02%
MO	A	0.94%	0.01%	0.01%
MSI	B	1.08%	0.01%	0.01%
NDAQ	A	0.93%	0.01%	0.01%
NI	A	1.09%	0.02%	0.02%
NOC	D	0.92%	0.02%	0.02%
O	C	0.93%	0.01%	0.01%
OKE	A	0.99%	0.01%	0.01%
ORLY	B	0.91%	0.01%	0.01%
OTIS	C	0.94%	0.01%	0.01%
PCG	A	0.92%	0.01%	0.01%
PEG	A	1.03%	0.01%	0.01%
PEP	F	1.04%	0.01%	0.01%
PG	C	1.22%	0.01%	0.01%
PKG	A	0.89%	0.01%	0.01%
PM	B	0.96%	0.01%	0.01%
PNW	A	0.9%	0.01%	0.01%
PPG	F	0.93%	0.01%	0.01%
PRU	A	0.0%	0.01%	0.0%
REG	A	0.92%	0.01%	0.01%
ROP	B	0.98%	0.01%	0.01%
RSG	A	1.22%	0.01%	0.01%
RTX	D	0.99%	0.01%	0.01%
SO	C	1.0%	0.01%	0.01%
SPGI	C	1.01%	0.01%	0.01%
SRE	A	1.02%	0.01%	0.01%
STZ	D	0.95%	0.01%	0.01%
SYK	B	0.97%	0.02%	0.02%
SYY	D	0.9%	0.02%	0.02%
TJX	A	1.03%	0.01%	0.01%
TMUS	B	1.17%	0.04%	0.04%
UNP	C	0.91%	0.01%	0.01%
V	A	1.1%	0.01%	0.01%
VRSN	C	0.93%	0.02%	0.02%
WEC	A	0.97%	0.01%	0.01%
WELL	A	0.94%	0.01%	0.01%
WM	B	0.97%	0.01%	0.01%
WMB	A	0.98%	0.01%	0.01%
WMT	A	0.92%	0.01%	0.01%

SPLV Overweight 18 Positions Relative to BIV

Symbol	Grade	Weight
BRK.A	B	1.31%
CL	D	1.23%
PPL	A	1.09%
FI	A	1.08%
YUM	D	1.07%
FE	C	1.05%
WTW	B	1.0%
COR	B	0.99%
HOLX	D	0.96%
AMP	A	0.94%
AJG	A	0.94%
HLT	A	0.94%
VICI	C	0.92%
JKHY	D	0.89%
PAYX	B	0.87%
MCK	A	0.02%
CSCO	B	0.0%
AME	A	0.0%

SPLV Underweight 388 Positions Relative to BIV

Symbol	Grade	Weight
WIT	B	-0.35%
DT	D	-0.11%
MSFT	D	-0.1%
AXP	A	-0.05%
DD	C	-0.05%
BIIB	F	-0.04%
MS	A	-0.04%
WFC	A	-0.04%
KOF	F	-0.03%
DLTR	F	-0.03%
SLB	C	-0.03%
RJF	A	-0.03%
CAH	B	-0.03%
BWA	D	-0.03%
BMO	A	-0.03%
ESGR	B	-0.03%
NOW	A	-0.03%
TSN	B	-0.03%
NVDA	B	-0.03%
BABA	D	-0.03%
LVS	B	-0.02%
LRCX	F	-0.02%
MRO	B	-0.02%
INVH	D	-0.02%
KLAC	F	-0.02%
EOG	A	-0.02%
EBAY	D	-0.02%
ADI	D	-0.02%
CPB	D	-0.02%
UHS	D	-0.02%
XRAY	F	-0.02%
QRVO	F	-0.02%
MOS	F	-0.02%
MTB	A	-0.02%
HST	C	-0.02%
HPQ	B	-0.02%
HAL	C	-0.02%
EFX	F	-0.02%
DAL	B	-0.02%
DXC	B	-0.02%
DOX	D	-0.02%
ETN	A	-0.02%
BC	C	-0.02%
CNO	B	-0.02%
ADM	D	-0.02%
CHRW	B	-0.02%
ARCC	A	-0.02%
AAP	D	-0.02%
AMG	B	-0.02%
TEL	B	-0.02%
SYF	B	-0.02%
ZBH	C	-0.02%
TRMB	B	-0.02%
PGR	A	-0.02%
RL	C	-0.02%
DOC	C	-0.02%
REGN	F	-0.02%
ADBE	C	-0.02%
DLR	B	-0.02%
NEM	D	-0.02%
MU	D	-0.02%
GSK	F	-0.02%
WAB	B	-0.02%
WY	F	-0.02%
PH	A	-0.02%
EXPE	B	-0.02%
PYPL	B	-0.02%
CHTR	C	-0.02%
CRM	B	-0.02%
DFS	B	-0.02%
CAG	F	-0.02%
MPLX	A	-0.02%
VTRS	A	-0.02%
ET	A	-0.02%
GOOGL	C	-0.02%
QCOM	F	-0.02%
NWG	A	-0.02%
MRK	D	-0.02%
HCA	F	-0.02%
FOXA	A	-0.02%
CARR	C	-0.02%
GE	D	-0.02%
VOD	F	-0.02%
MUFG	B	-0.02%
AMZN	C	-0.02%
WTFC	A	-0.01%
SKT	A	-0.01%
RS	B	-0.01%
ROST	D	-0.01%
PWR	A	-0.01%
REXR	F	-0.01%
SAVE	F	-0.01%
GBDC	D	-0.01%
ALLE	C	-0.01%
AXS	A	-0.01%
AVT	C	-0.01%
CMA	B	-0.01%
CE	F	-0.01%
CBT	D	-0.01%
THG	A	-0.01%
UNM	A	-0.01%
TME	D	-0.01%
NOV	C	-0.01%
OGS	A	-0.01%
IFF	D	-0.01%
JCI	B	-0.01%
KMT	B	-0.01%
KMPR	A	-0.01%
EPRT	B	-0.01%
VNO	C	-0.01%
WU	F	-0.01%
TKR	D	-0.01%
WLK	D	-0.01%
SNA	A	-0.01%
RNR	C	-0.01%
SF	B	-0.01%
PSEC	D	-0.01%
DOV	A	-0.01%
AFG	A	-0.01%
APTV	F	-0.01%
WBS	A	-0.01%
LII	A	-0.01%
OCSL	F	-0.01%
MCY	A	-0.01%
PDM	D	-0.01%
MP	C	-0.01%
KRG	B	-0.01%
EMN	C	-0.01%
FSK	A	-0.01%
LXP	D	-0.01%
OSK	C	-0.01%
MKL	A	-0.01%
OPI	F	-0.01%
BEN	C	-0.01%
BDN	C	-0.01%
AMH	C	-0.01%
WB	D	-0.01%
ZION	B	-0.01%
VRSK	A	-0.01%
VNT	C	-0.01%
WPC	C	-0.01%
R	B	-0.01%
SITC	D	-0.01%
RPM	A	-0.01%
PHM	D	-0.01%
PFG	D	-0.01%
SCS	C	-0.01%
SAFE	F	-0.01%
SON	F	-0.01%
SNX	D	-0.01%
FMC	D	-0.01%
FLS	B	-0.01%
FLO	D	-0.01%
EW	C	-0.01%
BBY	D	-0.01%
ALL	A	-0.01%
BAX	F	-0.01%
AIZ	A	-0.01%
CMI	A	-0.01%
AGR	A	-0.01%
AGO	B	-0.01%
CINF	A	-0.01%
AEE	A	-0.01%
ARW	D	-0.01%
ADC	A	-0.01%
ACGL	C	-0.01%
BKU	A	-0.01%
AAT	B	-0.01%
OGE	A	-0.01%
NVT	B	-0.01%
MCO	B	-0.01%
NUE	C	-0.01%
GPC	D	-0.01%
GP	F	-0.01%
HR	B	-0.01%
HP	C	-0.01%
INTU	B	-0.01%
HIW	C	-0.01%
GILD	C	-0.01%
JD	D	-0.01%
IEX	C	-0.01%
GXO	B	-0.01%
EPR	C	-0.01%
DHR	F	-0.01%
DHI	F	-0.01%
FTNT	C	-0.01%
STE	D	-0.01%
WTRG	B	-0.01%
RYN	D	-0.01%
ROK	C	-0.01%
RF	A	-0.01%
SBRA	C	-0.01%
PRE	D	-0.01%
MAS	D	-0.01%
NHI	D	-0.01%
NEU	D	-0.01%
MLM	C	-0.01%
MHK	D	-0.01%
CNH	C	-0.01%
AYI	B	-0.01%
BNS	A	-0.01%
BKH	A	-0.01%
AAL	B	-0.01%
BERY	C	-0.01%
AMCR	C	-0.01%
CP	F	-0.01%
UDR	B	-0.01%
WBA	F	-0.01%
TD	D	-0.01%
TSCO	D	-0.01%
SWX	B	-0.01%
SWKS	F	-0.01%
VOYA	B	-0.01%
XYL	D	-0.01%
VMC	B	-0.01%
KEX	B	-0.01%
HUBB	B	-0.01%
HSY	F	-0.01%
HPP	F	-0.01%
JNPR	D	-0.01%
ILMN	C	-0.01%
KSS	F	-0.01%
KRC	B	-0.01%
DVN	F	-0.01%
CTVA	C	-0.01%
FAF	A	-0.01%
EXR	C	-0.01%
DSS	F	-0.01%
NFG	A	-0.01%
LLY	F	-0.01%
OC	A	-0.01%
LEG	F	-0.01%
NVR	D	-0.01%
MRVL	B	-0.01%
NSC	B	-0.01%
KIM	A	-0.01%
MAA	B	-0.01%
OMC	C	-0.01%
LAZ	B	-0.01%
NTRS	A	-0.01%
KEYS	A	-0.01%
K	A	-0.01%
HUN	F	-0.01%
HRB	D	-0.01%
IPG	D	-0.01%
INGR	C	-0.01%
HII	F	-0.01%
HBAN	A	-0.01%
JBL	C	-0.01%
KR	B	-0.01%
EMR	B	-0.01%
DE	B	-0.01%
CUBE	C	-0.01%
FLEX	B	-0.01%
DOW	F	-0.01%
FITB	B	-0.01%
AL	B	-0.01%
CNP	A	-0.01%
ADSK	A	-0.01%
CFG	B	-0.01%
BIDU	F	-0.01%
APD	A	-0.01%
UPS	C	-0.01%
TGT	F	-0.01%
TXT	D	-0.01%
TT	A	-0.01%
SUI	C	-0.01%
VFC	C	-0.01%
SJM	D	-0.01%
RPRX	D	-0.01%
PSA	C	-0.01%
NNN	C	-0.01%
LNC	C	-0.01%
LH	B	-0.01%
LEA	F	-0.01%
NTAP	C	-0.01%
MPC	D	-0.01%
KEY	B	-0.01%
HUM	C	-0.01%
GLPI	C	-0.01%
GL	C	-0.01%
JEF	A	-0.01%
HAS	D	-0.01%
H	B	-0.01%
ESS	B	-0.01%
ES	C	-0.01%
EQR	C	-0.01%
EL	F	-0.01%
FNF	B	-0.01%
CSL	C	-0.01%
AZO	C	-0.01%
CNA	C	-0.01%
AWK	C	-0.01%
CLX	A	-0.01%
BRX	A	-0.01%
AES	F	-0.01%
A	D	-0.01%
BG	D	-0.01%
AN	C	-0.01%
TXN	C	-0.01%
VTR	B	-0.01%
SWK	D	-0.01%
ZTS	D	-0.01%
STLD	B	-0.01%
PSX	C	-0.01%
RGA	A	-0.01%
AZN	F	-0.01%
AER	A	-0.01%
BLK	B	-0.01%
BHF	C	-0.01%
APH	A	-0.01%
CCI	C	-0.01%
AMAT	F	-0.01%
LEN	D	-0.01%
GPN	B	-0.01%
EQNR	C	-0.01%
EQIX	A	-0.01%
FDX	B	-0.01%
NKE	F	-0.01%
PAA	B	-0.01%
MKC	C	-0.01%
MMM	D	-0.01%
OHI	C	-0.01%
NXPI	D	-0.01%
HRL	D	-0.01%
TDY	B	-0.01%
STT	B	-0.01%
VLO	C	-0.01%
TMO	F	-0.01%
WEST	C	-0.01%
WHR	B	-0.01%
PLD	F	-0.01%
FANG	C	-0.01%
BXP	C	-0.01%
XEL	A	-0.01%
SBUX	A	-0.01%
SPG	A	-0.01%
AON	A	-0.01%
GM	C	-0.01%
EQH	C	-0.01%
FIS	C	-0.01%
CAT	B	-0.01%
EPD	A	-0.01%
DG	F	-0.01%
DB	D	-0.01%
COF	C	-0.01%
SHW	B	-0.01%
EXC	C	-0.01%
AMT	C	-0.01%
COP	C	-0.01%
USB	A	-0.01%
HD	B	-0.01%
D	C	-0.01%
MAR	A	-0.01%
LUV	C	-0.01%
CPT	B	-0.01%
AMGN	F	-0.01%
TFC	A	-0.01%
PFE	F	-0.01%
SCHW	B	-0.01%
BKNG	A	-0.01%
ARE	F	-0.01%
INTC	C	-0.01%
HES	B	-0.01%
PNC	B	-0.01%
DIS	B	-0.01%
LOW	C	-0.01%
UNH	B	-0.01%
AAPL	C	-0.01%
BDX	F	-0.01%
DELL	B	-0.01%
NEE	C	-0.01%
XOM	B	-0.01%
CI	D	-0.01%
IBM	C	-0.01%
UAL	A	-0.01%
ORCL	A	-0.01%
AVGO	D	-0.01%
CVS	D	-0.01%
GS	A	-0.01%
T	A	-0.01%
HSBC	A	-0.01%
VZ	C	-0.01%
BMY	B	-0.01%
CMCSA	B	-0.01%
BA	F	-0.01%
C	A	-0.01%
BAC	A	-0.01%