VRAI vs. XMLV ETF Comparison

Comparison of Virtus Real Asset Income ETF (VRAI) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.60

Average Daily Volume

876

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$60.59

Average Daily Volume

44,251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VRAI	XMLV
30 Days	1.83%	0.95%
60 Days	4.53%	4.86%
90 Days	7.13%	11.61%
12 Months	22.29%	27.51%

8 Overlapping Holdings

Symbol	Grade	Weight in VRAI	Weight in XMLV	Overlap
ADC	B	1.24%	1.31%	1.24%
BRX	C	1.25%	1.15%	1.15%
EGP	D	1.16%	1.23%	1.16%
EPR	C	1.21%	1.33%	1.21%
FR	D	1.21%	1.17%	1.17%
NJR	C	1.13%	1.3%	1.13%
OGS	C	1.24%	1.17%	1.17%
PNM	B	1.21%	1.4%	1.21%

VRAI Overweight 71 Positions Relative to XMLV

Symbol	Grade	Weight
CCOI	B	1.46%
OUT	C	1.38%
FDP	C	1.36%
ROIC	C	1.29%
IIPR	C	1.28%
EPRT	C	1.28%
AAT	C	1.26%
PSA	C	1.25%
KIM	C	1.24%
SKT	A	1.24%
BNL	C	1.23%
NI	A	1.23%
KT	D	1.22%
CCI	C	1.22%
AMT	C	1.22%
WEC	A	1.22%
CUBE	C	1.2%
LNT	A	1.2%
CMS	A	1.2%
TRNO	D	1.19%
ORAN	D	1.18%
REG	C	1.18%
IVT	B	1.18%
CWEN	C	1.18%
REXR	D	1.17%
AEP	C	1.17%
CIG	C	1.17%
AVA	D	1.16%
MAA	D	1.16%
CPT	C	1.16%
ES	D	1.16%
NSA	C	1.14%
EXR	C	1.14%
GGB	B	1.13%
RHP	C	1.13%
GFI	C	1.13%
SCCO	B	1.12%
NRP	B	1.11%
VALE	C	1.07%
SPOK	D	1.07%
PAGP	D	1.06%
APLE	D	1.06%
PBR	B	1.06%
SID	D	1.05%
PAA	C	1.04%
ARLP	A	1.04%
HST	D	1.03%
TS	C	1.02%
ENIC	F	1.01%
INVH	F	1.01%
EOG	B	1.01%
WES	B	1.01%
HESM	C	1.0%
NEP	D	1.0%
SBSW	C	0.99%
DMLP	B	0.98%
KRP	B	0.98%
SBR	C	0.96%
BSM	B	0.96%
COP	D	0.94%
FANG	C	0.9%
EQNR	C	0.9%
CTRA	D	0.88%
APA	F	0.84%
DVN	F	0.84%
OVV	D	0.81%
BRY	F	0.79%
PTEN	F	0.77%
GPRK	F	0.77%
EC	F	0.74%
NFE	F	0.42%

VRAI Underweight 71 Positions Relative to XMLV

Symbol	Grade	Weight
ATR	A	-1.69%
CW	A	-1.65%
SEIC	B	-1.56%
VOYA	A	-1.5%
DTM	A	-1.49%
CACI	A	-1.45%
INGR	B	-1.41%
EHC	B	-1.4%
FHI	C	-1.4%
ORI	B	-1.39%
DCI	C	-1.38%
RGA	C	-1.37%
AM	A	-1.37%
OGE	A	-1.35%
THG	C	-1.35%
SON	D	-1.34%
IDA	D	-1.33%
GGG	C	-1.33%
SF	A	-1.33%
GLPI	A	-1.32%
POST	D	-1.32%
NWE	B	-1.31%
MDU	C	-1.31%
NNN	A	-1.29%
IBKR	A	-1.28%
GNTX	D	-1.28%
CHE	C	-1.28%
ESNT	C	-1.28%
AFG	B	-1.28%
RLI	A	-1.27%
HLI	B	-1.27%
SR	D	-1.27%
ACM	A	-1.26%
OHI	C	-1.26%
G	A	-1.24%
AMG	B	-1.24%
FLS	B	-1.24%
AMH	D	-1.24%
USFD	C	-1.23%
UNM	A	-1.22%
FLO	D	-1.22%
RPM	B	-1.22%
PRI	A	-1.21%
ELS	D	-1.21%
MTG	B	-1.2%
JEF	A	-1.2%
NFG	A	-1.19%
JHG	B	-1.19%
ALE	A	-1.18%
SNX	D	-1.18%
POR	D	-1.18%
SBRA	C	-1.17%
STAG	D	-1.16%
LSTR	F	-1.15%
AVT	C	-1.14%
GEF	D	-1.14%
SLGN	C	-1.14%
MMS	C	-1.14%
TXRH	C	-1.13%
BKH	C	-1.13%
MSA	F	-1.13%
MAN	D	-1.09%
PPC	D	-1.09%
NYT	C	-1.08%
NEU	F	-1.08%
KBR	B	-1.08%
DLB	C	-1.07%
GATX	F	-1.05%
MUSA	D	-1.04%
WTRG	D	-1.01%
CHRD	F	-0.89%