VABS vs. PSCI ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to PowerShares S&P SmallCap Industrials Portfolio (PSCI)

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.17

Average Daily Volume

2,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCI

PowerShares S&P SmallCap Industrials Portfolio

PSCI Description

The PowerShares S&P SmallCap Industrials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Industrials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US industrial companies. These companies are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$145.28

Average Daily Volume

5,827

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	PSCI
30 Days	0.27%	10.32%
60 Days	0.05%	12.03%
90 Days	0.26%	12.36%
12 Months	6.92%	40.93%

2 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in PSCI	Overlap
	AL	B	0.04%	1.85%	0.04%
	PBI	B	1.34%	0.46%	0.46%

VABS Overweight 48 Positions Relative to PSCI

Symbol	Grade	Weight
RLJ	C	4.48%
BW	D	2.27%
EFC	C	1.89%
BFS	C	1.53%
EQC	B	1.49%
DRH	B	1.35%
TWO	F	1.26%
ARR	D	1.25%
GNL	F	0.94%
F	C	0.87%
MFA	D	0.86%
CIM	D	0.82%
IVR	F	0.78%
DBRG	F	0.62%
ET	A	0.55%
EPR	C	0.47%
MITT	D	0.45%
CTO	B	0.29%
PSEC	D	0.23%
TDS	B	0.23%
PMT	C	0.21%
AHH	D	0.17%
SHO	D	0.17%
LXP	D	0.17%
INN	D	0.16%
ATCOL	A	0.15%
BHR	C	0.15%
UMH	B	0.11%
ABR	C	0.1%
ALLY	C	0.1%
FTAI	A	0.06%
ALTG	C	0.05%
FHN	A	0.04%
CIO	C	0.03%
NLY	C	0.03%
SNV	C	0.02%
DX	B	0.02%
CODI	B	0.02%
PEB	D	0.01%
CNO	B	0.01%
VNO	C	0.01%
BOH	B	0.01%
SF	B	0.01%
EQH	C	0.01%
COF	C	0.01%
IFF	D	0.01%
JPM	A	0.01%
NEE	C	0.01%

VABS Underweight 90 Positions Relative to PSCI

Symbol	Grade	Weight
MLI	B	-3.99%
RHI	C	-2.88%
CSWI	B	-2.6%
AWI	A	-2.5%
AVAV	C	-2.43%
ALK	B	-2.41%
MOG.A	B	-2.39%
ZWS	B	-2.11%
DY	D	-2.08%
BCC	B	-2.06%
MATX	C	-2.06%
FSS	B	-2.05%
ACA	A	-1.91%
GTES	A	-1.77%
SKYW	C	-1.69%
FELE	B	-1.6%
GVA	A	-1.59%
KFY	B	-1.54%
GMS	B	-1.51%
RXO	D	-1.49%
RUSHA	C	-1.46%
VRRM	F	-1.41%
JBT	B	-1.39%
ESE	B	-1.38%
ABM	B	-1.36%
REZI	A	-1.35%
GEO	B	-1.33%
NPO	A	-1.29%
BRC	D	-1.25%
POWL	C	-1.22%
TRN	B	-1.16%
HUBG	A	-1.14%
UNF	B	-1.13%
GFF	A	-1.06%
ARCB	C	-1.06%
EPAC	C	-1.03%
HNI	B	-0.98%
CXW	C	-0.97%
AIN	C	-0.96%
AZZ	A	-0.95%
WERN	C	-0.95%
MYRG	B	-0.92%
SXI	B	-0.92%
AIR	B	-0.88%
KMT	B	-0.87%
HAYW	B	-0.84%
RUN	F	-0.84%
HI	C	-0.83%
ROCK	C	-0.83%
MRCY	C	-0.82%
KAR	B	-0.8%
B	A	-0.79%
ALG	B	-0.75%
GBX	A	-0.75%
APOG	C	-0.71%
JBLU	F	-0.7%
MLKN	F	-0.64%
TNC	D	-0.64%
CSGS	B	-0.59%
AMWD	C	-0.59%
VSTS	C	-0.59%
DNOW	B	-0.58%
TILE	B	-0.56%
SNDR	B	-0.55%
NX	C	-0.54%
VICR	C	-0.52%
LNN	B	-0.51%
NVEE	F	-0.46%
TGI	B	-0.46%
ALGT	B	-0.4%
MRTN	D	-0.39%
DLX	B	-0.39%
PRLB	B	-0.37%
VVI	C	-0.36%
HSII	B	-0.36%
WNC	C	-0.33%
ASTE	C	-0.33%
HCSG	C	-0.33%
DXPE	C	-0.33%
MATW	C	-0.28%
FWRD	D	-0.25%
NVRI	D	-0.22%
IIIN	C	-0.22%
SNCY	C	-0.22%
LQDT	B	-0.21%
KELYA	F	-0.19%
HTLD	C	-0.19%
NPK	B	-0.15%
HTZ	C	-0.15%
TWI	F	-0.14%