XMLV vs. HSMV ETF Comparison

Comparison of PowerShares S&P MidCap Low Volatility Portfolio (XMLV) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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

$54.58

Average Daily Volume

34,389

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.15

Average Daily Volume

1,109

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	XMLV	HSMV
30 Days	-1.60%	-1.07%
60 Days	-2.02%	-1.03%
90 Days	-1.16%	-0.40%
12 Months	9.12%	8.43%

76 Overlapping Holdings

Symbol	Grade	Weight in XMLV	Weight in HSMV	Overlap
ACM	D	1.24%	0.48%	0.48%
ADC	B	1.49%	0.54%	0.54%
AFG	D	1.25%	0.49%	0.49%
ALE	C	1.2%	0.53%	0.53%
AM	B	1.34%	0.53%	0.53%
AMH	A	1.33%	0.51%	0.51%
ARW	D	1.08%	0.47%	0.47%
ATR	D	1.52%	0.5%	0.5%
BKH	D	1.09%	0.5%	0.5%
BRX	B	1.19%	0.52%	0.52%
CACI	B	1.45%	0.54%	0.54%
CASY	B	1.36%	0.6%	0.6%
CHE	D	1.18%	0.49%	0.49%
COLM	D	1.12%	0.5%	0.5%
CVLT	B	1.28%	0.61%	0.61%
CW	C	1.47%	0.54%	0.54%
DCI	D	1.32%	0.49%	0.49%
DLB	D	1.09%	0.5%	0.5%
DTM	B	1.54%	0.56%	0.56%
EGP	B	1.29%	0.54%	0.54%
EHC	B	1.39%	0.52%	0.52%
ELS	C	1.33%	0.54%	0.54%
EPR	C	1.28%	0.51%	0.51%
ESNT	C	1.27%	0.52%	0.52%
FHI	C	1.17%	0.5%	0.5%
FLO	D	1.05%	0.45%	0.45%
FR	C	1.16%	0.51%	0.51%
GATX	B	1.23%	0.53%	0.53%
GGG	D	1.18%	0.49%	0.49%
GLPI	B	1.45%	0.53%	0.53%
GNTX	D	1.22%	0.48%	0.48%
IDA	D	1.35%	0.49%	0.49%
INGR	D	1.39%	0.51%	0.51%
ITT	D	1.09%	0.49%	0.49%
KBR	D	1.11%	0.49%	0.49%
KEX	B	1.21%	0.55%	0.55%
LECO	F	0.94%	0.42%	0.42%
LSTR	D	1.29%	0.52%	0.52%
MDU	C	1.28%	0.51%	0.51%
MMS	B	1.19%	0.55%	0.55%
MSM	F	1.2%	0.42%	0.42%
MTG	B	1.26%	0.52%	0.52%
MUSA	C	1.42%	0.56%	0.56%
NFG	D	1.17%	0.52%	0.52%
NJR	D	1.29%	0.5%	0.5%
NNN	B	1.41%	0.52%	0.52%
NWE	D	1.28%	0.5%	0.5%
OGE	C	1.38%	0.52%	0.52%
OGS	C	1.17%	0.49%	0.49%
OHI	B	1.27%	0.55%	0.55%
ORI	D	1.44%	0.52%	0.52%
PCH	F	1.05%	0.48%	0.48%
PFGC	D	1.14%	0.49%	0.49%
PNM	D	1.49%	0.51%	0.51%
POR	D	1.22%	0.5%	0.5%
POST	C	1.38%	0.49%	0.49%
PRI	C	1.31%	0.55%	0.55%
RGA	C	1.29%	0.55%	0.55%
RLI	D	1.23%	0.5%	0.5%
RPM	D	1.07%	0.5%	0.5%
SEIC	D	1.52%	0.49%	0.49%
SF	B	1.14%	0.51%	0.51%
SIGI	F	1.17%	0.46%	0.46%
SNX	D	1.18%	0.49%	0.49%
SON	F	1.15%	0.45%	0.45%
SR	C	1.26%	0.49%	0.49%
STAG	B	1.26%	0.51%	0.51%
THG	D	1.2%	0.48%	0.48%
TXRH	B	1.23%	0.55%	0.55%
USFD	C	1.21%	0.52%	0.52%
VNT	D	1.09%	0.46%	0.46%
VOYA	D	1.2%	0.52%	0.52%
WEN	F	1.14%	0.43%	0.43%
WH	C	1.19%	0.5%	0.5%
WPC	D	1.13%	0.5%	0.5%
WTRG	C	1.16%	0.52%	0.52%

XMLV Overweight 4 Positions Relative to HSMV

Symbol	Grade	Weight
HLI	A	1.2%
UNM	D	1.1%
NEU	D	1.09%
GHC	D	1.06%

XMLV Underweight 120 Positions Relative to HSMV

Symbol	Grade	Weight
LXP	B	-0.69%
CUBE	B	-0.69%
UTHR	B	-0.67%
GMED	B	-0.67%
IDCC	A	-0.66%
BJ	B	-0.65%
CPK	C	-0.63%
LFUS	C	-0.61%
EVR	A	-0.6%
JJSF	B	-0.6%
NBIX	C	-0.6%
SWX	D	-0.59%
CLH	B	-0.59%
CSL	C	-0.59%
NYT	A	-0.58%
EME	D	-0.58%
PLXS	D	-0.57%
VRRM	B	-0.57%
LANC	B	-0.57%
HRB	B	-0.57%
FAF	D	-0.56%
TTEK	D	-0.56%
JEF	B	-0.56%
EPC	B	-0.55%
LII	B	-0.55%
BCPC	A	-0.55%
MTN	F	-0.55%
JHG	B	-0.54%
SBRA	A	-0.54%
NSIT	C	-0.54%
NMIH	B	-0.54%
SFM	B	-0.54%
KFY	B	-0.54%
PRGS	B	-0.54%
EPRT	A	-0.53%
NVT	D	-0.53%
EFC	B	-0.53%
INVA	B	-0.53%
UNF	B	-0.53%
AIN	D	-0.53%
CNO	B	-0.52%
AWR	D	-0.52%
ENSG	B	-0.52%
G	D	-0.52%
ACHC	F	-0.52%
EXP	D	-0.52%
WERN	F	-0.52%
FCPT	B	-0.52%
COOP	D	-0.52%
WU	D	-0.52%
MSGS	B	-0.51%
CWT	C	-0.51%
RDN	B	-0.51%
IOSP	D	-0.51%
CTRE	A	-0.51%
EXEL	C	-0.51%
AVT	D	-0.51%
FLS	D	-0.51%
LOPE	C	-0.51%
MAT	F	-0.5%
AGO	D	-0.5%
MCRI	D	-0.5%
FSS	D	-0.5%
SCI	C	-0.5%
CHH	B	-0.5%
ASH	D	-0.5%
MSA	C	-0.5%
VVV	B	-0.5%
PECO	C	-0.5%
FNF	D	-0.49%
REXR	C	-0.49%
AGCO	F	-0.49%
PBH	C	-0.49%
BWXT	B	-0.49%
AMG	D	-0.49%
GPK	D	-0.48%
CHDN	B	-0.48%
MIDD	F	-0.48%
RS	D	-0.48%
AVA	D	-0.48%
KNX	C	-0.48%
RYN	D	-0.48%
TNC	D	-0.47%
CBSH	C	-0.47%
LAMR	B	-0.47%
HXL	D	-0.47%
RNR	D	-0.47%
FELE	D	-0.47%
ROIC	C	-0.47%
OSK	D	-0.46%
MAN	D	-0.46%
FNB	C	-0.46%
MOG.A	C	-0.46%
WTS	D	-0.46%
CRI	F	-0.45%
SAIC	D	-0.45%
SLGN	D	-0.45%
R	B	-0.44%
ALV	D	-0.44%
CRUS	A	-0.43%
JAZZ	F	-0.42%
EVTC	F	-0.42%
ENR	C	-0.42%
RGLD	B	-0.41%
AIR	B	-0.39%
ENOV	F	-0.38%
NSA	B	-0.38%
PB	D	-0.36%
ABM	B	-0.35%
GO	D	-0.35%
ORA	C	-0.35%
IRT	B	-0.35%
ONB	B	-0.31%
EXPO	C	-0.31%
FCN	D	-0.31%
BLKB	D	-0.3%
PDCO	F	-0.28%
CCOI	D	-0.25%
PZZA	F	-0.23%
LEG	F	-0.18%