SPLV vs. VFMV ETF Comparison

Comparison of PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV) to Vanguard U.S. Minimum Volatility ETF (VFMV)

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

$72.76

Average Daily Volume

1,657,378

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$124.11

Average Daily Volume

7,110

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	SPLV	VFMV
30 Days	0.29%	1.16%
60 Days	2.45%	2.87%
90 Days	5.86%	6.24%
12 Months	22.26%	25.97%

43 Overlapping Holdings

Symbol	Grade	Weight in SPLV	Weight in VFMV	Overlap
ABBV	F	0.92%	0.74%	0.74%
ABT	C	0.91%	1.49%	0.91%
AJG	A	0.93%	0.35%	0.35%
BRK.A	B	1.39%	0.31%	0.31%
CB	C	1.0%	0.07%	0.07%
CBOE	D	0.82%	1.04%	0.82%
CHD	A	0.94%	1.44%	0.94%
CL	F	1.0%	1.05%	1.0%
CME	B	1.04%	1.14%	1.04%
CMS	D	0.88%	0.03%	0.03%
COR	B	1.01%	1.48%	1.01%
CSCO	A	1.12%	1.25%	1.12%
DUK	D	0.95%	1.42%	0.95%
EA	A	0.97%	1.16%	0.97%
ED	D	0.88%	1.44%	0.88%
FE	D	0.86%	0.77%	0.77%
GD	C	0.98%	1.14%	0.98%
GIS	F	0.8%	1.0%	0.8%
HOLX	D	0.86%	0.36%	0.36%
JNJ	D	1.02%	1.49%	1.02%
JPM	A	1.08%	0.05%	0.05%
KMI	B	1.24%	0.2%	0.2%
KO	F	1.15%	1.4%	1.15%
LIN	D	1.08%	0.24%	0.24%
LMT	D	0.93%	1.47%	0.93%
MCD	C	1.07%	0.79%	0.79%
MCK	B	0.88%	1.52%	0.88%
MDLZ	F	0.88%	0.28%	0.28%
MO	A	0.93%	0.24%	0.24%
MSI	B	1.08%	0.03%	0.03%
PEP	D	0.91%	0.04%	0.04%
PG	C	1.08%	1.48%	1.08%
REGN	F	0.71%	1.12%	0.71%
ROP	A	1.09%	1.33%	1.09%
RSG	B	1.21%	1.2%	1.2%
SO	D	0.92%	1.38%	0.92%
TJX	A	1.1%	1.27%	1.1%
TMUS	A	1.43%	1.43%	1.43%
V	A	1.32%	0.35%	0.35%
WEC	B	0.9%	0.45%	0.45%
WM	A	0.99%	1.06%	0.99%
WMB	B	1.19%	0.37%	0.37%
WMT	A	1.19%	1.08%	1.08%

SPLV Overweight 57 Positions Relative to VFMV

Symbol	Grade	Weight
FI	A	1.28%
AMP	A	1.23%
L	A	1.21%
MA	B	1.18%
ITW	B	1.14%
MMC	D	1.14%
BK	B	1.14%
HON	B	1.12%
ATO	B	1.09%
OKE	A	1.09%
AME	A	1.08%
ETR	B	1.08%
ADP	A	1.07%
IEX	B	1.07%
PKG	B	1.06%
PM	B	1.04%
MET	C	1.02%
HLT	A	1.01%
PRU	B	1.01%
YUM	B	1.01%
ICE	C	1.01%
CTAS	B	1.01%
SRE	B	1.0%
HIG	C	1.0%
OTIS	D	1.0%
PAYX	B	1.0%
PFG	C	0.99%
WELL	B	0.99%
DRI	B	0.98%
UNP	D	0.97%
AIG	B	0.97%
COST	B	0.97%
BRO	B	0.97%
VRSN	C	0.96%
PPL	A	0.96%
OMC	A	0.96%
CSX	B	0.96%
AVY	F	0.95%
SPGI	C	0.94%
LH	B	0.93%
PEG	C	0.93%
AVB	B	0.92%
MDT	D	0.92%
AFL	C	0.92%
BR	A	0.91%
ECL	C	0.89%
PPG	F	0.89%
DGX	B	0.89%
KMB	D	0.87%
EVRG	A	0.87%
LNT	C	0.87%
SYY	D	0.86%
STZ	D	0.86%
KDP	C	0.84%
LYB	F	0.8%
DOW	F	0.79%
ELV	F	0.69%

SPLV Underweight 122 Positions Relative to VFMV

Symbol	Grade	Weight
IBM	D	-1.52%
ADI	D	-1.5%
DOX	C	-1.5%
EQC	C	-1.49%
PGR	A	-1.48%
TXN	B	-1.48%
MRK	F	-1.46%
T	A	-1.41%
CVLT	B	-1.38%
NTAP	D	-1.37%
MSFT	C	-1.3%
XOM	B	-1.23%
NOC	D	-1.17%
MUSA	B	-1.13%
ORLY	A	-1.11%
IDT	B	-1.1%
RTX	D	-1.06%
IDCC	B	-1.06%
KEX	A	-1.05%
VZ	D	-1.0%
FCN	F	-0.98%
LRN	B	-0.97%
HPQ	B	-0.96%
WTW	A	-0.93%
CVX	A	-0.9%
MGEE	B	-0.89%
HSTM	B	-0.84%
GILD	B	-0.83%
VECO	F	-0.78%
DLB	D	-0.78%
BSX	A	-0.75%
UNH	B	-0.75%
TYL	B	-0.74%
TKO	D	-0.73%
CHE	D	-0.69%
SPOT	A	-0.68%
SAFT	B	-0.67%
BLKB	C	-0.66%
CTRE	C	-0.65%
CRUS	F	-0.64%
AVGO	C	-0.64%
GOOGL	C	-0.64%
CAH	B	-0.64%
NSIT	F	-0.56%
WTM	A	-0.54%
AAPL	C	-0.54%
YELP	C	-0.52%
NABL	F	-0.51%
GOOG	C	-0.48%
META	B	-0.47%
GDDY	B	-0.46%
MATX	B	-0.45%
PBH	A	-0.42%
NEU	C	-0.4%
FLO	F	-0.38%
TRV	B	-0.38%
INSW	F	-0.37%
HSY	F	-0.36%
DTM	A	-0.35%
PPC	C	-0.34%
AZO	B	-0.34%
LAUR	B	-0.34%
NVEC	D	-0.33%
THFF	A	-0.33%
PFE	F	-0.32%
LLY	F	-0.32%
VERX	B	-0.3%
FANG	C	-0.3%
RLI	A	-0.3%
QRVO	F	-0.28%
OLLI	C	-0.26%
ATR	A	-0.25%
QCOM	F	-0.25%
JBSS	F	-0.24%
ROL	C	-0.23%
MCS	A	-0.22%
EXEL	B	-0.21%
AMSF	B	-0.21%
LOPE	B	-0.2%
MTSI	B	-0.2%
DECK	B	-0.2%
IMMR	F	-0.2%
ACN	B	-0.2%
EBF	C	-0.2%
JJSF	C	-0.19%
CASS	B	-0.19%
AEE	B	-0.19%
QNST	C	-0.18%
HQY	B	-0.18%
SPOK	B	-0.15%
FDP	B	-0.15%
AMGN	F	-0.14%
OLED	F	-0.14%
HCKT	B	-0.14%
SPNS	F	-0.14%
TW	B	-0.13%
PI	D	-0.12%
CI	D	-0.11%
PSX	C	-0.1%
DGICA	A	-0.1%
TNK	F	-0.09%
DJCO	B	-0.09%
AMAT	F	-0.08%
KLAC	F	-0.07%
CNXN	C	-0.07%
UNM	A	-0.06%
CTSH	A	-0.06%
OSIS	B	-0.06%
AKAM	F	-0.04%
CNA	C	-0.04%
PEBK	B	-0.04%
LANC	C	-0.04%
CLBK	B	-0.04%
GLRE	C	-0.04%
NBIX	C	-0.03%
BCAL	B	-0.03%
EIG	A	-0.03%
VRTX	B	-0.03%
DTE	D	-0.03%
MRAM	D	-0.02%
FFNW	D	-0.02%
MU	D	-0.02%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream