VOE vs. XRLV ETF Comparison

Comparison of Vanguard Mid-Cap Value ETF - DNQ (VOE) to PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV)

VOE

Vanguard Mid-Cap Value ETF - DNQ

VOE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Value Index, a broadly diversified index of value stocks of mid-size U.S. companies. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$175.77

Average Daily Volume

260,718

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.10

Average Daily Volume

875

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	VOE	XRLV
30 Days	5.41%	4.06%
60 Days	5.51%	4.48%
90 Days	8.56%	6.04%
12 Months	32.45%	23.43%

36 Overlapping Holdings

Symbol	Grade	Weight in VOE	Weight in XRLV	Overlap
AIG	B	0.54%	0.96%	0.54%
AJG	A	1.37%	0.95%	0.95%
AMP	B	1.11%	1.26%	1.11%
AVB	B	0.7%	0.92%	0.7%
AVY	D	0.37%	0.92%	0.37%
CBOE	B	0.5%	0.83%	0.5%
CMS	C	0.46%	0.91%	0.46%
COR	C	0.9%	0.98%	0.9%
DGX	B	0.38%	0.92%	0.38%
DOW	F	0.77%	0.71%	0.71%
DRI	B	0.42%	0.98%	0.42%
EA	C	0.89%	0.97%	0.89%
ED	D	0.78%	0.87%	0.78%
ETR	B	0.74%	1.11%	0.74%
EVRG	A	0.15%	0.9%	0.15%
FE	D	0.51%	0.87%	0.51%
GIS	D	0.84%	0.78%	0.78%
HIG	B	0.72%	1.03%	0.72%
HOLX	D	0.42%	0.85%	0.42%
KMI	B	0.51%	1.28%	0.51%
L	B	0.33%	1.24%	0.33%
LH	B	0.43%	0.91%	0.43%
LNT	A	0.34%	0.94%	0.34%
LYB	F	0.5%	0.76%	0.5%
NI	A	0.18%	0.97%	0.18%
OKE	C	1.26%	1.16%	1.16%
OMC	C	0.44%	0.89%	0.44%
PEG	A	0.99%	0.99%	0.99%
PFG	C	0.42%	0.99%	0.42%
PKG	B	0.46%	1.04%	0.46%
PPG	D	0.65%	0.87%	0.65%
PPL	B	0.51%	1.0%	0.51%
PRU	A	0.97%	1.04%	0.97%
SYY	C	0.82%	0.84%	0.82%
WEC	A	0.67%	0.93%	0.67%
WMB	B	0.71%	1.22%	0.71%

VOE Overweight 147 Positions Relative to XRLV

Symbol	Grade	Weight
CARR	C	1.39%
DLR	A	1.3%
PCAR	B	1.22%
URI	B	1.2%
NEM	F	1.17%
ALL	B	1.1%
DHI	D	1.1%
FIS	D	1.09%
LHX	C	1.04%
CMI	A	1.0%
KVUE	A	0.98%
PCG	B	0.94%
CTVA	B	0.93%
LNG	B	0.92%
LEN	C	0.89%
CBRE	B	0.89%
OTIS	C	0.88%
EXC	D	0.87%
BKR	C	0.84%
GEHC	F	0.84%
XEL	A	0.83%
DFS	B	0.83%
GLW	B	0.82%
DAL	B	0.82%
CTSH	B	0.82%
KR	A	0.81%
IRM	C	0.81%
ACGL	D	0.78%
HPQ	B	0.77%
NDAQ	A	0.76%
NUE	D	0.75%
VICI	C	0.74%
CNC	F	0.73%
WAB	B	0.73%
MTB	B	0.72%
EIX	A	0.7%
DD	D	0.69%
GRMN	A	0.68%
WTW	B	0.68%
FITB	B	0.66%
EBAY	C	0.63%
RJF	A	0.61%
PHM	C	0.6%
AWK	D	0.6%
VTR	D	0.6%
STT	A	0.59%
GPN	C	0.59%
ADM	F	0.59%
CAH	B	0.59%
KEYS	B	0.58%
DOV	A	0.58%
SPG	C	0.58%
IFF	D	0.57%
UAL	B	0.57%
FTV	B	0.56%
CDW	F	0.56%
JCI	C	0.56%
BIIB	F	0.56%
HPE	B	0.56%
EQR	B	0.56%
TROW	A	0.54%
NTAP	C	0.53%
AEE	A	0.52%
ES	D	0.52%
WDC	C	0.5%
HBAN	B	0.5%
WY	D	0.5%
RF	B	0.49%
DTE	C	0.49%
CINF	A	0.49%
K	A	0.49%
ZBH	C	0.48%
SYF	A	0.48%
GEV	C	0.46%
CLX	C	0.44%
MCHP	F	0.44%
ZBRA	A	0.44%
MKC	D	0.44%
CNP	A	0.43%
NTRS	A	0.43%
IP	B	0.43%
IR	A	0.43%
ARE	D	0.43%
BAX	F	0.41%
ESS	B	0.41%
LUV	B	0.41%
D	C	0.4%
CFG	B	0.4%
BALL	D	0.4%
SNA	A	0.39%
MAS	C	0.39%
J	F	0.39%
BBY	D	0.39%
DG	F	0.39%
ZM	B	0.39%
MAA	B	0.39%
TSN	B	0.37%
EXPD	C	0.37%
GPC	D	0.36%
KEY	A	0.36%
WBD	C	0.36%
WRB	A	0.36%
FNF	B	0.35%
TXT	D	0.34%
ROK	B	0.34%
GEN	A	0.34%
AKAM	F	0.34%
EG	C	0.34%
RVTY	D	0.33%
CF	B	0.33%
SWK	D	0.32%
AVTR	F	0.32%
CVNA	B	0.32%
SSNC	A	0.32%
CE	F	0.31%
VTRS	B	0.31%
CAG	D	0.31%
SWKS	F	0.31%
NVR	D	0.3%
NWSA	B	0.3%
DLTR	D	0.29%
WPC	D	0.27%
LDOS	D	0.27%
HAL	C	0.25%
FOXA	C	0.25%
HUBB	B	0.25%
STE	F	0.24%
RPRX	D	0.23%
TRU	D	0.22%
HRL	D	0.21%
MKL	A	0.21%
STLD	B	0.21%
CPB	D	0.2%
CRBG	B	0.17%
EL	F	0.17%
MRO	B	0.17%
DOC	C	0.17%
TRMB	B	0.16%
MGM	F	0.09%
UDR	B	0.08%
BEN	C	0.07%
WBA	D	0.07%
WLK	D	0.06%
AGR	B	0.06%
ALB	C	0.06%
LEN	C	0.06%
FOX	B	0.06%

VOE Underweight 64 Positions Relative to XRLV

Symbol	Grade	Weight
TMUS	A	-1.45%
BRK.A	B	-1.43%
V	A	-1.34%
FI	A	-1.3%
RSG	A	-1.21%
MA	B	-1.19%
WMT	B	-1.19%
HON	B	-1.18%
BK	A	-1.16%
MMC	A	-1.14%
PG	A	-1.13%
ITW	A	-1.13%
MSI	C	-1.13%
TJX	A	-1.13%
ATO	A	-1.12%
KO	D	-1.12%
JPM	B	-1.12%
AME	A	-1.11%
CSCO	A	-1.11%
PM	B	-1.08%
IEX	B	-1.07%
ROP	B	-1.06%
CME	A	-1.06%
MCD	D	-1.06%
MET	A	-1.05%
CB	D	-1.04%
ADP	B	-1.04%
LIN	D	-1.04%
SRE	A	-1.03%
CL	D	-1.03%
HLT	A	-1.02%
JNJ	D	-1.01%
CTAS	B	-1.0%
WELL	C	-0.99%
YUM	B	-0.99%
CHD	B	-0.99%
PAYX	B	-0.98%
WM	A	-0.98%
MO	A	-0.97%
BRO	B	-0.97%
CSX	B	-0.96%
DUK	C	-0.96%
AFL	B	-0.95%
UNP	C	-0.94%
BR	A	-0.94%
GD	F	-0.93%
SO	D	-0.93%
VRSN	F	-0.93%
ABT	B	-0.92%
MDT	D	-0.91%
LMT	D	-0.9%
VRSK	A	-0.9%
PEP	F	-0.89%
KMB	C	-0.88%
MCK	C	-0.88%
ECL	D	-0.88%
MDLZ	F	-0.87%
STZ	D	-0.87%
JKHY	D	-0.86%
KDP	D	-0.81%
BDX	F	-0.8%
ABBV	D	-0.76%
REGN	F	-0.66%
ELV	F	-0.64%