SPLV vs. IQRA ETF Comparison

Comparison of PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) to IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA)

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

$73.96

Average Daily Volume

1,577,046

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$27.36

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPLV	IQRA
30 Days	2.35%	-0.76%
60 Days	3.72%	-2.13%
90 Days	6.25%	1.59%
12 Months	23.06%	21.02%

14 Overlapping Holdings

Symbol	Grade	Weight in SPLV	Weight in IQRA	Overlap
ATO	A	1.21%	1.03%	1.03%
CMS	C	1.03%	0.93%	0.93%
CSX	B	0.85%	2.65%	0.85%
DTE	C	0.9%	0.77%	0.77%
EVRG	A	1.02%	0.76%	0.76%
KMI	A	1.07%	0.36%	0.36%
O	D	0.93%	3.8%	0.93%
PCG	A	0.92%	1.56%	0.92%
PPL	B	1.09%	1.61%	1.09%
REG	B	0.92%	1.32%	0.92%
SRE	A	1.02%	0.78%	0.78%
VICI	C	0.92%	0.67%	0.67%
WEC	A	0.97%	2.67%	0.97%
WELL	A	0.94%	2.07%	0.94%

SPLV Overweight 100 Positions Relative to IQRA

Symbol	Grade	Weight
KO	D	1.37%
BRK.A	B	1.31%
CL	D	1.23%
PG	A	1.22%
RSG	A	1.22%
MMC	B	1.17%
TMUS	B	1.17%
L	A	1.15%
MA	C	1.13%
ADP	B	1.11%
JNJ	D	1.11%
HON	B	1.11%
V	A	1.1%
NI	A	1.09%
ITW	B	1.09%
FI	A	1.08%
LIN	D	1.08%
MSI	B	1.08%
CHD	B	1.07%
YUM	B	1.07%
BSX	B	1.07%
DUK	C	1.07%
ICE	C	1.06%
FE	C	1.05%
LNT	A	1.05%
PEP	F	1.04%
CME	A	1.04%
LMT	D	1.04%
EA	A	1.03%
GD	F	1.03%
TJX	A	1.03%
PEG	A	1.03%
CB	C	1.02%
SPGI	C	1.01%
MDLZ	F	1.0%
WTW	B	1.0%
SO	D	1.0%
ED	D	1.0%
OKE	A	0.99%
KMB	D	0.99%
COR	B	0.99%
RTX	C	0.99%
BK	A	0.99%
ABT	B	0.98%
BR	A	0.98%
WMB	A	0.98%
ROP	B	0.98%
KDP	D	0.97%
MCD	D	0.97%
WM	A	0.97%
SYK	C	0.97%
EIX	B	0.96%
HOLX	D	0.96%
PM	B	0.96%
STZ	D	0.95%
MO	A	0.94%
AMP	A	0.94%
OTIS	C	0.94%
AJG	B	0.94%
CTAS	B	0.94%
HLT	A	0.94%
NDAQ	A	0.93%
CVX	A	0.93%
VRSN	F	0.93%
PPG	F	0.93%
AVB	B	0.92%
NOC	D	0.92%
WMT	A	0.92%
MDT	D	0.92%
AVY	D	0.92%
BRO	B	0.92%
HIG	B	0.91%
AEP	D	0.91%
ECL	D	0.91%
ORLY	B	0.91%
UNP	C	0.91%
SYY	B	0.9%
LYB	F	0.9%
PNW	B	0.9%
LHX	C	0.9%
PKG	A	0.89%
FRT	B	0.89%
JKHY	D	0.89%
GIS	D	0.88%
PAYX	C	0.87%
LDOS	C	0.73%
COST	B	0.02%
MCK	B	0.02%
JPM	A	0.01%
ETR	B	0.0%
CSCO	B	0.0%
MET	A	0.0%
CBOE	B	0.0%
AFL	B	0.0%
PRU	A	0.0%
AIG	B	0.0%
AME	A	0.0%
DRI	B	0.0%
DGX	A	0.0%
ABBV	D	0.0%

SPLV Underweight 33 Positions Relative to IQRA

Symbol	Grade	Weight
SPG	B	-5.27%
EQIX	A	-3.71%
TRGP	B	-3.45%
SUI	D	-2.14%
NEE	D	-2.13%
AMT	D	-2.01%
HST	C	-1.5%
CUBE	D	-1.31%
DLR	B	-1.21%
ADC	B	-1.03%
UE	C	-1.02%
EXR	D	-1.01%
COLD	D	-1.01%
PAGP	A	-0.95%
XEL	A	-0.93%
IRM	D	-0.91%
ESRT	C	-0.88%
WTRG	B	-0.85%
REXR	F	-0.84%
OGE	B	-0.83%
CNI	D	-0.8%
NSC	B	-0.73%
INVH	D	-0.73%
AES	F	-0.71%
CNP	B	-0.69%
CPK	A	-0.65%
BRX	A	-0.63%
AEE	A	-0.53%
PSA	D	-0.51%
CEG	D	-0.47%
FCPT	C	-0.43%
ALE	A	-0.41%
POR	C	-0.33%