VOX vs. PSCU ETF Comparison

Comparison of Vanguard Telecom ETF - DNQ (VOX) to PowerShares S&P SmallCap Utilities Portfolio (PSCU)

VOX

Vanguard Telecom ETF - DNQ

VOX Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Telecommunication Services 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the telecommunication services sector, as classified under the Global Industry Classification Standard. 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$152.97

Average Daily Volume

93,345

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

PSCU

PowerShares S&P SmallCap Utilities Portfolio

PSCU Description

The PowerShares S&P SmallCap Utilities Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Utilities & Telecom Services 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 utilities and telecommunication services companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable. 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

$63.75

Average Daily Volume

3,933

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VOX	PSCU
30 Days	3.93%	4.22%
60 Days	7.32%	5.99%
90 Days	9.80%	10.02%
12 Months	36.13%	27.17%

22 Overlapping Holdings

Symbol	Grade	Weight in VOX	Weight in PSCU	Overlap
CABO	C	0.13%	2.2%	0.13%
CARG	B	0.21%	3.89%	0.21%
CARS	C	0.09%	1.4%	0.09%
CCOI	B	0.28%	3.96%	0.28%
CNK	A	0.25%	4.15%	0.25%
CNSL	B	0.03%	0.42%	0.03%
GOGO	C	0.04%	0.57%	0.04%
IAC	D	0.33%	4.04%	0.33%
LUMN	C	0.59%	11.14%	0.59%
MSGS	B	0.27%	4.46%	0.27%
QNST	C	0.08%	1.44%	0.08%
SATS	C	0.26%	3.26%	0.26%
SCHL	F	0.07%	0.79%	0.07%
SHEN	F	0.06%	0.7%	0.06%
SSTK	F	0.07%	0.92%	0.07%
TDS	B	0.2%	3.66%	0.2%
TGNA	B	0.23%	3.63%	0.23%
THRY	F	0.05%	0.59%	0.05%
TRIP	F	0.13%	1.85%	0.13%
TTGT	B	0.05%	0.96%	0.05%
YELP	C	0.19%	3.03%	0.19%
ZD	B	0.19%	3.05%	0.19%

VOX Overweight 79 Positions Relative to PSCU

Symbol	Grade	Weight
META	C	23.16%
GOOGL	B	11.91%
GOOG	B	9.21%
VZ	C	4.62%
NFLX	A	4.33%
CMCSA	B	4.1%
T	A	4.07%
DIS	B	3.89%
TMUS	B	3.01%
TTD	B	1.75%
EA	A	1.48%
CHTR	B	1.39%
RBLX	B	1.32%
TTWO	A	1.18%
OMC	C	1.13%
WBD	B	1.08%
LYV	A	1.06%
PINS	F	0.94%
IPG	F	0.9%
FOXA	B	0.83%
NWSA	B	0.82%
MTCH	F	0.81%
SNAP	D	0.79%
ROKU	D	0.78%
LBRDK	C	0.76%
TKO	A	0.75%
NYT	D	0.71%
FYBR	C	0.54%
FOX	A	0.45%
NXST	C	0.44%
SIRI	D	0.43%
EDR	A	0.42%
PARA	D	0.37%
WMG	C	0.33%
IRDM	F	0.27%
NWS	A	0.25%
ZI	D	0.23%
WLY	B	0.18%
MGNI	A	0.15%
RDDT	A	0.14%
AMC	D	0.11%
MSGE	F	0.1%
LILAK	F	0.1%
LBRDA	C	0.09%
IMAX	A	0.08%
GSAT	C	0.08%
IAS	D	0.07%
GCI	D	0.07%
LGF.A	F	0.07%
USM	B	0.07%
ZIP	D	0.06%
VMEO	C	0.06%
MAX	F	0.05%
BMBL	C	0.05%
PUBM	C	0.05%
STGW	B	0.05%
IDT	B	0.05%
ATEX	F	0.04%
FUBO	F	0.04%
BAND	D	0.04%
LGF.A	F	0.04%
GTN	F	0.04%
EVER	F	0.04%
ATUS	C	0.04%
ATNI	F	0.03%
LILA	F	0.03%
MCS	B	0.03%
BOC	D	0.03%
ADV	C	0.03%
CCO	D	0.03%
ANGI	F	0.02%
IHRT	B	0.02%
EB	C	0.02%
WOW	C	0.02%
AMCX	C	0.02%
SKLZ	D	0.01%
SSP	F	0.01%
CDLX	D	0.01%
MYPS	C	0.01%

VOX Underweight 13 Positions Relative to PSCU

Symbol	Grade	Weight
MGEE	A	-4.59%
MDU	D	-4.36%
OTTR	C	-3.97%
AWR	A	-3.82%
CWT	C	-3.55%
AVA	C	-3.52%
CPK	A	-3.36%
CWEN	C	-2.62%
SJW	F	-1.95%
NWN	A	-1.91%
MSEX	B	-1.42%
UTL	C	-1.14%
CWEN	C	-1.03%