XMLV vs. DVOL ETF Comparison

Comparison of PowerShares S&P MidCap Low Volatility Portfolio (XMLV) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

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

$63.25

Average Daily Volume

39,132

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.46

Average Daily Volume

3,886

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMLV	DVOL
30 Days	1.52%	2.77%
60 Days	5.00%	7.45%
90 Days	7.89%	10.57%
12 Months	27.89%	34.60%

11 Overlapping Holdings

Symbol	Grade	Weight in XMLV	Weight in DVOL	Overlap
AM	A	1.35%	1.77%	1.35%
BRX	A	1.17%	1.04%	1.04%
CACI	C	1.39%	2.75%	1.39%
CW	B	1.78%	1.65%	1.65%
DTM	A	1.87%	2.98%	1.87%
EHC	B	1.44%	1.64%	1.44%
HLI	B	1.45%	1.21%	1.21%
INGR	B	1.49%	2.75%	1.49%
MTG	D	1.13%	0.95%	0.95%
RGA	B	1.43%	1.01%	1.01%
SF	B	1.6%	1.07%	1.07%

XMLV Overweight 68 Positions Relative to DVOL

Symbol	Grade	Weight
SEIC	B	1.8%
ATR	B	1.8%
IBKR	A	1.61%
FHI	B	1.55%
VOYA	B	1.52%
IDA	A	1.47%
UNM	A	1.46%
THG	A	1.45%
ORI	A	1.44%
PNM	B	1.44%
DCI	B	1.41%
JEF	A	1.41%
G	B	1.4%
RLI	A	1.4%
JHG	B	1.39%
FLS	A	1.39%
OGE	A	1.34%
PRI	A	1.33%
AFG	A	1.32%
RPM	B	1.32%
GGG	B	1.32%
USFD	A	1.31%
ADC	A	1.29%
ACM	B	1.28%
NJR	A	1.28%
AMG	C	1.28%
TXRH	B	1.25%
GLPI	C	1.23%
SON	F	1.22%
PPC	B	1.22%
NWE	C	1.22%
GNTX	F	1.22%
OHI	B	1.21%
SR	A	1.21%
ELS	B	1.2%
GEF	B	1.2%
AMH	C	1.19%
POST	C	1.19%
EPR	D	1.18%
CHE	F	1.17%
GATX	B	1.16%
NFG	A	1.16%
SLGN	A	1.16%
ALE	A	1.15%
OGS	A	1.14%
LSTR	D	1.13%
BKH	A	1.13%
SBRA	B	1.13%
SNX	D	1.11%
FLO	D	1.11%
POR	C	1.1%
EGP	D	1.09%
ESNT	D	1.09%
NNN	C	1.09%
CDP	C	1.08%
AVT	C	1.08%
FR	C	1.07%
MUSA	B	1.07%
MSA	D	1.07%
NEU	D	1.04%
STAG	D	1.04%
NYT	D	1.03%
DLB	F	1.01%
KBR	F	0.99%
WTRG	B	0.98%
MMS	D	0.97%
MAN	F	0.92%
CHRD	F	0.87%

XMLV Underweight 39 Positions Relative to DVOL

Symbol	Grade	Weight
TMUS	B	-3.36%
RSG	A	-3.14%
V	A	-3.05%
KMI	A	-3.04%
FI	A	-2.92%
MMC	D	-2.88%
WMB	A	-2.83%
MSI	B	-2.8%
MA	B	-2.8%
TJX	A	-2.68%
LIN	D	-2.68%
CTAS	B	-2.64%
WELL	A	-2.64%
CB	C	-2.52%
NOC	D	-2.49%
WMT	A	-2.4%
RTX	D	-2.34%
HLT	A	-2.31%
OKE	A	-2.3%
AMP	A	-2.23%
BRO	B	-2.22%
PKG	B	-2.07%
JPM	A	-1.96%
MSFT	D	-1.7%
COST	A	-1.68%
AFL	C	-1.52%
GWW	B	-1.49%
WAB	B	-1.44%
AIG	C	-1.4%
HEI	A	-1.37%
CAH	B	-1.31%
ALL	A	-1.26%
ENSG	D	-1.26%
TRV	A	-1.23%
PTC	B	-1.22%
PGR	B	-1.09%
TW	A	-0.98%
WRB	B	-0.96%
TDG	D	-0.88%