SPLV vs. FLRG ETF Comparison

Comparison of PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) to Fidelity U.S. Multifactor ETF (FLRG)

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

$70.97

Average Daily Volume

1,940,704

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLRG

Fidelity U.S. Multifactor ETF

FLRG Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Multifactor Index?. The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index?. The Fidelity U.S. Multifactor Index? is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Grade (RS Rating)

Last Trade

$33.16

Average Daily Volume

19,132

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	SPLV	FLRG
30 Days	2.54%	0.49%
60 Days	6.47%	3.47%
90 Days	8.05%	4.42%
12 Months	17.97%	26.70%

21 Overlapping Holdings

Symbol	Grade	Weight in SPLV	Weight in FLRG	Overlap
ABBV	C	0.91%	1.36%	0.91%
ADP	B	1.0%	1.05%	1.0%
AFL	B	0.95%	1.09%	0.95%
CBOE	C	0.89%	0.84%	0.84%
CL	C	1.2%	0.93%	0.93%
CME	C	1.04%	0.88%	0.88%
CSCO	B	0.98%	0.58%	0.58%
EA	D	0.9%	0.3%	0.3%
JNJ	B	1.1%	1.43%	1.1%
KMB	D	0.96%	0.82%	0.82%
LMT	C	0.98%	1.24%	0.98%
MA	B	1.14%	1.51%	1.14%
MCD	C	1.08%	1.09%	1.08%
MCK	F	0.76%	0.95%	0.76%
MO	C	0.93%	0.96%	0.93%
PAYX	C	0.94%	0.9%	0.9%
PG	C	1.18%	1.47%	1.18%
PM	C	1.08%	1.17%	1.08%
REGN	C	1.03%	0.93%	0.93%
V	B	1.26%	1.56%	1.26%
VRSN	D	0.95%	0.25%	0.25%

SPLV Overweight 76 Positions Relative to FLRG

Symbol	Grade	Weight
BRK.A	C	1.4%
KO	B	1.32%
TMUS	C	1.28%
RSG	D	1.22%
MMC	C	1.21%
L	B	1.18%
WMT	B	1.16%
TJX	C	1.14%
LIN	B	1.11%
HON	D	1.08%
ROP	C	1.08%
CB	B	1.07%
ICE	B	1.07%
ITW	B	1.06%
ATO	B	1.06%
MSI	C	1.04%
AVY	D	1.04%
BK	A	1.04%
MDLZ	B	1.03%
UNP	B	1.02%
DUK	C	1.02%
HIG	A	1.02%
SPGI	B	1.01%
YUM	D	1.01%
PEP	C	1.01%
COST	C	1.0%
AMP	B	1.0%
KMI	A	1.0%
GD	B	0.99%
WMB	B	0.99%
OKE	B	0.98%
MET	A	0.98%
CTAS	C	0.98%
AJG	C	0.98%
AME	C	0.98%
PRU	C	0.97%
KDP	A	0.97%
JPM	D	0.97%
PPL	C	0.97%
WELL	B	0.96%
WM	D	0.96%
SO	B	0.96%
MDT	C	0.96%
CHD	C	0.96%
ABT	C	0.95%
PEG	B	0.95%
CMS	A	0.95%
PKG	B	0.95%
STZ	C	0.95%
AIG	D	0.95%
DRI	C	0.95%
IEX	D	0.95%
AVB	B	0.95%
ED	C	0.95%
ETR	A	0.94%
OTIS	D	0.94%
PFG	B	0.94%
FE	C	0.94%
OMC	A	0.93%
CSX	D	0.93%
SRE	B	0.93%
LNT	A	0.93%
GIS	B	0.92%
WEC	B	0.92%
BRO	C	0.92%
ECL	B	0.92%
DGX	B	0.91%
PPG	C	0.91%
ELV	C	0.9%
HLT	B	0.9%
BR	D	0.89%
HOLX	B	0.89%
EVRG	A	0.88%
SYY	D	0.88%
LYB	F	0.88%
DOW	D	0.83%

SPLV Underweight 79 Positions Relative to FLRG

Symbol	Grade	Weight
AAPL	D	-6.58%
MSFT	C	-6.2%
NVDA	D	-5.59%
GOOGL	D	-3.83%
META	A	-2.39%
LLY	C	-2.02%
VST	C	-1.63%
AVGO	C	-1.51%
HD	B	-1.44%
NFG	B	-1.19%
ALSN	B	-1.08%
MLI	B	-1.07%
FCNCA	D	-1.04%
AMGN	B	-1.0%
UTHR	C	-0.98%
ACGL	B	-0.98%
OHI	A	-0.97%
AZO	D	-0.96%
VRTX	D	-0.96%
MTH	B	-0.95%
ORLY	B	-0.95%
PHM	B	-0.95%
VLO	D	-0.95%
RGA	B	-0.94%
LEN	B	-0.94%
LNG	D	-0.94%
TMHC	B	-0.93%
BKNG	B	-0.93%
NVR	B	-0.93%
MTG	B	-0.93%
SYF	C	-0.92%
VRSK	D	-0.92%
RDN	B	-0.91%
PSA	B	-0.9%
ESNT	B	-0.84%
CHRD	F	-0.82%
PCAR	D	-0.82%
VICI	C	-0.81%
CTRA	F	-0.81%
GILD	B	-0.8%
SNA	B	-0.78%
EG	B	-0.76%
STLD	D	-0.75%
BCC	C	-0.74%
CNC	C	-0.73%
CF	B	-0.7%
BLDR	C	-0.7%
MOH	C	-0.66%
ADBE	D	-0.66%
NUE	F	-0.64%
RPRX	C	-0.64%
ACN	C	-0.6%
BRBR	B	-0.58%
INTU	D	-0.57%
IBM	B	-0.57%
AMAT	D	-0.55%
NOW	A	-0.55%
VZ	B	-0.54%
T	B	-0.5%
CMCSA	D	-0.49%
KLAC	D	-0.45%
ANET	B	-0.43%
LRCX	F	-0.4%
FICO	A	-0.37%
SNPS	D	-0.36%
CDNS	D	-0.33%
DELL	D	-0.32%
CTSH	C	-0.29%
FOXA	B	-0.27%
SWKS	F	-0.26%
FTNT	C	-0.26%
MANH	B	-0.25%
NYT	C	-0.24%
DOX	C	-0.23%
ZM	C	-0.23%
DLB	D	-0.21%
AKAM	D	-0.2%
DBX	D	-0.17%
QLYS	F	-0.17%