VABS vs. PYZ ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to PowerShares Dynamic Basic Materials (PYZ)

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

PYZ

PowerShares Dynamic Basic Materials

PYZ Description

The PowerShares Dynamic Basic Materials Sector Portfolio (Fund) is based on the Dynamic Basic Materials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of stocks of 60 US basic materials companies. These are companies that are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$97.04

Average Daily Volume

2,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	PYZ
30 Days	0.27%	0.76%
60 Days	0.05%	4.86%
90 Days	0.26%	6.56%
12 Months	6.92%	24.93%

1 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in PYZ	Overlap
	IFF	D	0.01%	1.63%	0.01%

VABS Overweight 49 Positions Relative to PYZ

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%
PBI	B	1.34%
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%
AL	B	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%
JPM	A	0.01%
NEE	C	0.01%

VABS Underweight 46 Positions Relative to PYZ

Symbol	Grade	Weight
CRS	B	-5.12%
RPM	A	-4.44%
APD	A	-3.84%
LIN	C	-3.74%
ATI	C	-3.72%
AVY	F	-3.57%
RS	B	-3.47%
EMN	C	-2.74%
CF	A	-2.7%
NUE	C	-2.69%
LPX	B	-2.67%
SLVM	B	-2.43%
SUM	B	-2.37%
UEC	B	-2.34%
IP	A	-2.29%
AA	A	-2.25%
CBT	D	-2.13%
CDE	C	-2.13%
AVNT	B	-2.11%
CTVA	C	-1.97%
VVV	D	-1.94%
ESI	B	-1.94%
ECL	D	-1.92%
WLK	D	-1.83%
FCX	F	-1.8%
PCT	C	-1.79%
CMC	B	-1.79%
RGLD	C	-1.76%
DD	C	-1.75%
SMG	C	-1.74%
CENX	B	-1.73%
NEM	D	-1.71%
LYB	F	-1.68%
MP	C	-1.61%
HL	D	-1.56%
HWKN	B	-1.48%
DOW	F	-1.47%
PRM	C	-1.36%
BCPC	B	-1.28%
FUL	F	-1.18%
MTRN	C	-1.12%
MTX	B	-1.08%
NEU	D	-1.05%
IOSP	C	-1.01%
SXT	C	-0.96%
WOR	F	-0.9%