SPLV vs. FMCX ETF Comparison

Comparison of PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) to FMC Excelsior Focus Equity ETF (FMCX)

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

$71.53

Average Daily Volume

2,031,888

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.19

Average Daily Volume

118

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPLV	FMCX
30 Days	0.50%	5.11%
60 Days	7.36%	12.69%
90 Days	10.16%	7.78%
12 Months	25.49%	31.38%

11 Overlapping Holdings

Symbol	Grade	Weight in SPLV	Weight in FMCX	Overlap
CL	D	1.16%	0.85%	0.85%
GD	C	0.98%	0.13%	0.13%
HON	C	1.08%	0.6%	0.6%
JPM	C	0.98%	0.3%	0.3%
MCD	A	1.11%	1.12%	1.11%
MO	D	0.9%	0.84%	0.84%
PG	D	1.16%	1.3%	1.16%
PM	D	1.03%	1.21%	1.03%
SPGI	C	0.98%	0.37%	0.37%
V	B	1.2%	0.21%	0.21%
YUM	C	1.05%	1.18%	1.05%

SPLV Overweight 88 Positions Relative to FMCX

Symbol	Grade	Weight
BRK.A	B	1.4%
KO	C	1.32%
TMUS	A	1.28%
L	C	1.18%
RSG	D	1.17%
MMC	D	1.16%
WMT	A	1.15%
MA	A	1.13%
ITW	C	1.12%
TJX	D	1.12%
LIN	C	1.12%
FI	A	1.11%
ATO	A	1.08%
AMP	A	1.07%
JNJ	D	1.07%
BK	A	1.07%
ROP	D	1.07%
MET	A	1.06%
CB	A	1.06%
AVY	D	1.05%
OTIS	A	1.05%
CME	A	1.04%
CSCO	A	1.04%
MSI	A	1.04%
ICE	A	1.04%
HIG	A	1.03%
KMI	A	1.03%
IEX	D	1.02%
DUK	C	1.01%
MDLZ	D	1.01%
VRSN	C	1.0%
PRU	B	1.0%
AME	C	1.0%
PFG	A	1.0%
ETR	A	0.99%
DRI	C	0.99%
UNP	F	0.99%
PPL	C	0.99%
LMT	A	0.99%
PEG	A	0.99%
WMB	A	0.98%
SO	A	0.97%
PPG	D	0.97%
ADP	A	0.97%
KDP	C	0.97%
PKG	B	0.97%
HLT	A	0.97%
OMC	C	0.96%
PEP	F	0.96%
AFL	A	0.96%
CHD	D	0.96%
OKE	A	0.96%
STZ	D	0.96%
KMB	D	0.95%
CTAS	C	0.95%
ED	C	0.95%
CSX	D	0.95%
CMS	A	0.95%
LNT	B	0.95%
COST	C	0.95%
WELL	C	0.94%
WM	B	0.94%
SRE	C	0.94%
AIG	C	0.94%
MDT	C	0.94%
GIS	C	0.93%
COR	F	0.93%
ECL	C	0.93%
FE	C	0.93%
BRO	A	0.92%
AVB	C	0.92%
PAYX	B	0.92%
ABBV	C	0.91%
REGN	D	0.91%
AJG	C	0.91%
WEC	B	0.91%
DGX	D	0.9%
LYB	B	0.9%
ABT	C	0.9%
DOW	B	0.9%
EA	D	0.89%
BR	B	0.89%
EVRG	C	0.89%
SYY	D	0.88%
HOLX	D	0.88%
CBOE	B	0.85%
ELV	F	0.85%
MCK	F	0.72%

SPLV Underweight 41 Positions Relative to FMCX

Symbol	Grade	Weight
AAPL	C	-6.93%
UNH	B	-6.84%
KKR	A	-6.14%
IAC	C	-5.35%
AMZN	C	-5.01%
GDDY	B	-4.98%
MSFT	D	-4.79%
LBRDK	C	-4.24%
LSXMK	D	-4.22%
GGG	C	-3.98%
PYPL	A	-3.9%
MTCH	B	-3.18%
LSXMA	D	-1.79%
GOOGL	B	-1.77%
LBRDA	C	-1.74%
CMCSA	B	-1.13%
AMGN	D	-1.11%
KEYS	B	-1.06%
VUSB	B	-0.92%
ICSH	A	-0.92%
GILD	A	-0.87%
ENTG	D	-0.82%
ARWR	F	-0.72%
NKE	D	-0.68%
DHR	D	-0.55%
GOOG	B	-0.5%
BAX	D	-0.47%
YUMC	B	-0.42%
MUSA	D	-0.4%
MTX	C	-0.33%
KEX	C	-0.33%
EQR	C	-0.3%
MUR	F	-0.25%
FWONK	D	-0.21%
BKNG	B	-0.19%
FLWS	F	-0.15%
BATRK	F	-0.11%
PNR	C	-0.1%
FWONA	C	-0.05%
VMEO	C	-0.03%
BATRA	F	-0.02%