SPLV vs. JOET ETF Comparison

Comparison of PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

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

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.40

Average Daily Volume

29,173

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	SPLV	JOET
30 Days	2.35%	7.96%
60 Days	3.72%	9.99%
90 Days	6.25%	13.18%
12 Months	23.06%	38.99%

20 Overlapping Holdings

Symbol	Grade	Weight in SPLV	Weight in JOET	Overlap
AFL	B	0.0%	0.76%	0.0%
AMP	A	0.94%	0.83%	0.83%
BK	A	0.99%	0.77%	0.77%
BR	A	0.98%	0.8%	0.8%
BRK.A	B	1.31%	0.78%	0.78%
BRO	B	0.92%	0.8%	0.8%
BSX	B	1.07%	0.81%	0.81%
CB	C	1.02%	0.74%	0.74%
COST	B	0.02%	0.79%	0.02%
CTAS	B	0.94%	0.79%	0.79%
GD	F	1.03%	0.7%	0.7%
HIG	B	0.91%	0.79%	0.79%
JPM	A	0.01%	0.81%	0.01%
MA	C	1.13%	0.76%	0.76%
O	D	0.93%	0.7%	0.7%
RSG	A	1.22%	0.8%	0.8%
SPGI	C	1.01%	0.78%	0.78%
SYK	C	0.97%	0.82%	0.82%
WELL	A	0.94%	0.8%	0.8%
WMT	A	0.92%	0.8%	0.8%

SPLV Overweight 94 Positions Relative to JOET

Symbol	Grade	Weight
KO	D	1.37%
CL	D	1.23%
PG	A	1.22%
ATO	A	1.21%
MMC	B	1.17%
TMUS	B	1.17%
L	A	1.15%
ADP	B	1.11%
JNJ	D	1.11%
HON	B	1.11%
V	A	1.1%
NI	A	1.09%
PPL	B	1.09%
ITW	B	1.09%
FI	A	1.08%
LIN	D	1.08%
MSI	B	1.08%
CHD	B	1.07%
KMI	A	1.07%
YUM	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%
CMS	C	1.03%
TJX	A	1.03%
PEG	A	1.03%
SRE	A	1.02%
EVRG	A	1.02%
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%
ABT	B	0.98%
WMB	A	0.98%
ROP	B	0.98%
KDP	D	0.97%
MCD	D	0.97%
WM	A	0.97%
WEC	A	0.97%
EIX	B	0.96%
HOLX	D	0.96%
PM	B	0.96%
STZ	D	0.95%
MO	A	0.94%
OTIS	C	0.94%
AJG	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%
REG	B	0.92%
NOC	D	0.92%
VICI	C	0.92%
MDT	D	0.92%
AVY	D	0.92%
PCG	A	0.92%
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%
DTE	C	0.9%
PKG	A	0.89%
FRT	B	0.89%
JKHY	D	0.89%
GIS	D	0.88%
PAYX	C	0.87%
CSX	B	0.85%
LDOS	C	0.73%
MCK	B	0.02%
ETR	B	0.0%
CSCO	B	0.0%
MET	A	0.0%
CBOE	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 104 Positions Relative to JOET

Symbol	Grade	Weight
APP	B	-1.48%
COIN	C	-1.12%
PLTR	B	-1.05%
AXON	A	-1.04%
GRMN	B	-0.94%
UAL	A	-0.94%
IBKR	A	-0.94%
SPOT	B	-0.93%
VRT	B	-0.92%
SQ	B	-0.91%
FCNCA	A	-0.89%
NFLX	A	-0.89%
RCL	A	-0.88%
CRWD	B	-0.88%
PODD	C	-0.87%
FTNT	C	-0.87%
DAL	C	-0.87%
HWM	A	-0.87%
DFS	B	-0.86%
DOCU	A	-0.86%
SYF	B	-0.86%
HEI	B	-0.85%
APO	B	-0.85%
ORCL	B	-0.84%
PH	A	-0.84%
HBAN	A	-0.84%
CRM	B	-0.84%
RF	A	-0.83%
RJF	A	-0.83%
AMZN	C	-0.82%
CMI	A	-0.82%
CFG	B	-0.82%
MTB	A	-0.82%
NOW	A	-0.82%
PANW	C	-0.82%
FAST	B	-0.81%
GWW	B	-0.81%
DDOG	A	-0.81%
VMC	B	-0.81%
ADSK	A	-0.81%
CINF	A	-0.8%
FITB	A	-0.8%
PGR	A	-0.8%
NTRS	A	-0.8%
AXP	A	-0.8%
PWR	A	-0.8%
ISRG	A	-0.8%
IR	B	-0.8%
NVDA	C	-0.79%
GM	B	-0.79%
TTD	B	-0.79%
DECK	A	-0.79%
ALL	A	-0.79%
WRB	A	-0.79%
ETN	A	-0.79%
ROL	B	-0.79%
TT	A	-0.79%
PCAR	B	-0.78%
TW	A	-0.78%
DOV	A	-0.78%
APH	A	-0.78%
MLM	B	-0.77%
PYPL	B	-0.77%
WAB	B	-0.77%
TRV	B	-0.77%
TSCO	D	-0.76%
IT	C	-0.76%
CARR	D	-0.75%
EXR	D	-0.75%
ACN	C	-0.75%
PSA	D	-0.75%
HUBB	B	-0.75%
URI	B	-0.75%
PFG	D	-0.75%
CMG	B	-0.74%
ANET	C	-0.74%
ROST	C	-0.74%
MSFT	F	-0.74%
CAT	B	-0.74%
META	D	-0.74%
RMD	C	-0.74%
NVR	D	-0.74%
PHM	D	-0.73%
LEN	D	-0.73%
AVGO	D	-0.72%
MELI	D	-0.71%
XYL	D	-0.71%
ADI	D	-0.7%
AMAT	F	-0.7%
CPNG	D	-0.7%
DHI	D	-0.69%
ACGL	D	-0.69%
IRM	D	-0.69%
KLAC	D	-0.69%
UBER	D	-0.68%
QCOM	F	-0.68%
FSLR	F	-0.68%
CEG	D	-0.67%
AMD	F	-0.65%
NU	C	-0.65%
LLY	F	-0.64%
CHKP	D	-0.64%
MPWR	F	-0.48%
SMCI	F	-0.41%