VFMV vs. PSCH ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to PowerShares S&P SmallCap Health Care Portfolio (PSCH)

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

$121.24

Average Daily Volume

7,749

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

PSCH

PowerShares S&P SmallCap Health Care Portfolio

PSCH Description

The PowerShares S&P SmallCap Health Care Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Health Care 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 in the health care sector. Included are healthcare companies principally engaged in the business of providing healthcare-related products and services, including biotechnology, pharmaceuticals, medical technology and supplies, and facilities. 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

$45.06

Average Daily Volume

13,222

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	PSCH
30 Days	0.72%	-1.74%
60 Days	6.93%	3.71%
90 Days	7.44%	6.68%
12 Months	28.66%	23.02%

2 Overlapping Holdings

	Symbol	Grade	Weight in VFMV	Weight in PSCH	Overlap
	HSTM	B	0.97%	0.45%	0.45%
	PBH	D	0.52%	2.31%	0.52%

VFMV Overweight 144 Positions Relative to PSCH

Symbol	Grade	Weight
CVLT	B	1.63%
NTAP	D	1.57%
TJX	D	1.56%
TMUS	A	1.56%
TXN	C	1.54%
ROP	D	1.5%
MCK	F	1.5%
PGR	B	1.49%
VECO	F	1.49%
EA	D	1.48%
WMT	A	1.47%
WM	B	1.46%
CSCO	A	1.46%
JNJ	D	1.46%
PG	D	1.45%
LMT	A	1.44%
GD	C	1.43%
MUSA	D	1.43%
XOM	A	1.42%
ADI	B	1.42%
KEX	C	1.4%
RSG	D	1.39%
MRK	F	1.39%
IDT	C	1.35%
ABBV	C	1.34%
ORLY	A	1.33%
DUK	C	1.31%
IBM	A	1.31%
CHD	D	1.28%
REGN	D	1.27%
NOC	B	1.27%
MCD	A	1.24%
FCN	C	1.21%
VZ	C	1.2%
CME	A	1.19%
IDCC	A	1.14%
CBOE	B	1.13%
DLB	D	1.06%
LRN	D	1.05%
CL	D	1.05%
DOX	B	1.03%
GIS	C	0.98%
WMB	A	0.97%
MGEE	C	0.96%
LLY	D	0.92%
GILD	A	0.89%
GOOGL	B	0.87%
CRUS	D	0.86%
SAFT	D	0.86%
GPOR	B	0.85%
UNH	B	0.85%
INST	C	0.83%
NSIT	B	0.83%
CHE	D	0.81%
LAUR	C	0.79%
NABL	F	0.78%
BLKB	C	0.78%
CVX	B	0.77%
CAH	B	0.75%
WTM	C	0.75%
HPQ	B	0.72%
AVGO	B	0.71%
GOOG	B	0.7%
OSIS	C	0.7%
QCOM	D	0.69%
AMGN	D	0.64%
AAPL	C	0.64%
YELP	D	0.63%
MCS	B	0.61%
META	A	0.6%
INSW	B	0.55%
MATX	C	0.54%
ED	C	0.51%
T	B	0.51%
NEU	F	0.49%
FLO	D	0.47%
KO	C	0.46%
MSFT	D	0.45%
FANG	D	0.45%
HSY	D	0.45%
V	B	0.44%
AJG	C	0.43%
TRV	B	0.43%
THFF	D	0.42%
AZO	D	0.42%
K	B	0.4%
WEC	B	0.39%
MDLZ	D	0.39%
RLI	A	0.36%
NVEC	D	0.35%
OLLI	C	0.34%
AMSF	B	0.34%
JBSS	F	0.33%
RTX	A	0.33%
CASS	F	0.32%
BMY	A	0.31%
ROL	C	0.29%
LDOS	A	0.29%
BRK.A	B	0.29%
IMMR	D	0.28%
MO	D	0.28%
MTSI	B	0.26%
LOPE	D	0.25%
KMI	A	0.24%
EBF	B	0.24%
EQC	D	0.24%
ACN	B	0.23%
EXEL	B	0.23%
JJSF	C	0.23%
OLED	B	0.19%
SPOK	D	0.19%
DECK	B	0.19%
SPNS	B	0.17%
QNST	C	0.15%
PSX	D	0.14%
AMAT	C	0.13%
DGICA	D	0.12%
TNK	C	0.12%
AMZN	C	0.11%
CLBK	F	0.1%
DJCO	C	0.1%
DTM	A	0.1%
KLAC	B	0.09%
CNXN	C	0.08%
CB	A	0.08%
LRCX	D	0.08%
KMB	D	0.07%
GLRE	B	0.06%
PEP	F	0.06%
LANC	F	0.06%
REYN	D	0.06%
UNM	A	0.06%
ATR	A	0.05%
SFL	D	0.05%
EIG	A	0.04%
DTE	B	0.04%
MU	D	0.04%
AKAM	D	0.04%
VRTX	D	0.04%
NBIX	F	0.04%
CNA	D	0.04%
SPOT	C	0.03%
CMS	A	0.03%
MSI	A	0.03%

VFMV Underweight 67 Positions Relative to PSCH

Symbol	Grade	Weight
ENSG	D	-5.28%
GKOS	B	-4.64%
INSP	C	-4.08%
MMSI	C	-3.72%
OGN	F	-3.19%
ADMA	A	-3.02%
KRYS	D	-2.98%
ALKS	B	-2.98%
RDNT	C	-2.92%
ICUI	B	-2.88%
ITGR	B	-2.82%
CORT	B	-2.79%
SEM	D	-2.38%
TGTX	D	-2.02%
CRVL	C	-1.92%
TNDM	D	-1.8%
PTGX	C	-1.72%
MYGN	D	-1.61%
ASTH	B	-1.56%
ADUS	D	-1.54%
UFPT	D	-1.49%
CPRX	C	-1.44%
CNMD	F	-1.43%
PINC	F	-1.36%
NARI	F	-1.34%
VCEL	F	-1.34%
OMCL	C	-1.3%
LMAT	A	-1.23%
NEO	F	-1.22%
PRVA	F	-1.21%
AMPH	C	-1.19%
STAA	D	-1.18%
LGND	C	-1.18%
FTRE	F	-1.16%
PDCO	F	-1.11%
SUPN	D	-1.11%
AMN	F	-1.04%
NHC	D	-1.0%
DVAX	F	-0.88%
PGNY	F	-0.85%
USPH	F	-0.83%
CERT	F	-0.83%
XNCR	D	-0.81%
COLL	A	-0.81%
HRMY	D	-0.78%
IART	F	-0.78%
AHCO	D	-0.77%
OMI	F	-0.75%
AVNS	D	-0.71%
INVA	B	-0.69%
SDGR	F	-0.66%
AORT	B	-0.65%
ANIP	F	-0.64%
MD	B	-0.63%
BLFS	D	-0.58%
EMBC	F	-0.53%
RCUS	D	-0.53%
PCRX	D	-0.45%
MLAB	B	-0.45%
VIR	F	-0.44%
CTKB	F	-0.38%
IRWD	F	-0.37%
SLP	F	-0.34%
RGNX	F	-0.31%
PAHC	C	-0.3%
CCRN	F	-0.28%
FLGT	F	-0.28%