XRLV vs. FAS ETF Comparison

Comparison of PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV) to Direxion Financial Bull 3X Shares (FAS)

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

$53.81

Average Daily Volume

1,008

Number of Holdings ^*

97

* may have additional holdings in another (foreign) market

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$131.27

Average Daily Volume

767,243

Number of Holdings ^*

70

* may have additional holdings in another (foreign) market

Performance

Period	XRLV	FAS
30 Days	2.27%	10.86%
60 Days	6.44%	13.79%
90 Days	8.56%	28.80%
12 Months	19.67%	110.20%

20 Overlapping Holdings

	Symbol	Grade	Weight in XRLV	Weight in FAS	Overlap
	AFL	C	0.95%	0.61%	0.61%
	AIG	D	0.95%	0.53%	0.53%
	AJG	D	0.98%	0.71%	0.71%
	AMP	B	1.01%	0.47%	0.47%
	BK	A	1.05%	0.57%	0.57%
	BRK.A	C	1.4%	8.95%	1.4%
	BRO	C	0.93%	0.27%	0.27%
	CB	B	1.07%	1.29%	1.07%
	CBOE	C	0.89%	0.24%	0.24%
	CME	C	1.05%	0.86%	0.86%
	HIG	B	1.03%	0.37%	0.37%
	JKHY	C	0.89%	0.14%	0.14%
	JPM	D	0.98%	6.51%	0.98%
	L	D	1.19%	0.16%	0.16%
	MA	B	1.15%	4.43%	1.15%
	MET	A	0.98%	0.49%	0.49%
	MMC	C	1.21%	1.24%	1.21%
	PFG	B	0.95%	0.19%	0.19%
	PRU	C	0.97%	0.46%	0.46%
	V	C	1.27%	4.93%	1.27%

XRLV Overweight 77 Positions Relative to FAS

	Symbol	Grade	Weight
	KO	B	1.33%
	TMUS	C	1.28%
	RSG	D	1.23%
	CL	C	1.2%
	PG	C	1.18%
	WMT	B	1.16%
	TJX	C	1.15%
	JNJ	C	1.11%
	LIN	B	1.11%
	MCD	B	1.09%
	PM	C	1.08%
	HON	D	1.08%
	ROP	C	1.08%
	ITW	C	1.07%
	ATO	B	1.07%
	AVY	D	1.05%
	MSI	B	1.04%
	REGN	C	1.03%
	MDLZ	C	1.03%
	PEP	D	1.02%
	UNP	C	1.02%
	DUK	B	1.02%
	KMI	A	1.01%
	YUM	F	1.01%
	GD	B	1.0%
	WMB	B	1.0%
	ADP	B	1.0%
	CSCO	B	0.99%
	KDP	B	0.98%
	PPL	B	0.98%
	OKE	B	0.98%
	LMT	B	0.98%
	CTAS	C	0.98%
	AME	C	0.98%
	MDT	C	0.97%
	CHD	C	0.97%
	VRSN	D	0.96%
	ED	C	0.96%
	AVB	C	0.96%
	KMB	D	0.96%
	WELL	C	0.96%
	WM	D	0.96%
	SO	A	0.96%
	ETR	A	0.95%
	PAYX	C	0.95%
	FE	C	0.95%
	ABT	C	0.95%
	PEG	A	0.95%
	CMS	B	0.95%
	PKG	B	0.95%
	STZ	D	0.95%
	DRI	B	0.95%
	IEX	D	0.95%
	CSX	D	0.94%
	SRE	B	0.94%
	MO	C	0.94%
	LNT	B	0.94%
	ECL	A	0.93%
	OMC	B	0.93%
	PPG	D	0.92%
	ABBV	C	0.92%
	NI	B	0.92%
	GIS	B	0.92%
	WEC	B	0.92%
	HLT	B	0.91%
	DGX	C	0.91%
	EA	D	0.9%
	ELV	C	0.9%
	LYB	F	0.89%
	BR	D	0.89%
	HOLX	C	0.89%
	EVRG	B	0.88%
	VRSK	D	0.88%
	SYY	D	0.88%
	BDX	F	0.86%
	DOW	D	0.84%
	MCK	F	0.77%

XRLV Underweight 50 Positions Relative to FAS

	Symbol	Grade	Weight
	BAC	D	-2.89%
	WFC	D	-1.97%
	SPGI	A	-1.83%
	GS	C	-1.68%
	PGR	A	-1.6%
	AXP	B	-1.59%
	BLK	B	-1.36%
	MS	C	-1.33%
	C	D	-1.2%
	BX	B	-1.15%
	SCHW	D	-1.01%
	ICE	C	-1.01%
	KKR	A	-0.88%
	AON	B	-0.83%
	MCO	A	-0.82%
	PYPL	B	-0.81%
	PNC	A	-0.78%
	USB	B	-0.75%
	TFC	D	-0.61%
	TRV	B	-0.59%
	COF	A	-0.58%
	ALL	B	-0.54%
	FIS	B	-0.51%
	MSCI	C	-0.49%
	ACGL	B	-0.45%
	DFS	B	-0.36%
	NDAQ	A	-0.33%
	WTW	C	-0.32%
	GPN	D	-0.31%
	FITB	B	-0.31%
	MTB	A	-0.3%
	STT	B	-0.27%
	TROW	D	-0.26%
	CPAY	C	-0.24%
	RJF	C	-0.24%
	HBAN	B	-0.23%
	CINF	C	-0.23%
	RF	B	-0.22%
	NTRS	B	-0.2%
	CFG	C	-0.2%
	SYF	C	-0.2%
	WRB	C	-0.19%
	EG	C	-0.18%
	FDS	C	-0.18%
	KEY	B	-0.17%
	MKTX	C	-0.11%
	AIZ	B	-0.11%
	GL	C	-0.09%
	IVZ	B	-0.08%
	BEN	F	-0.06%

XRLV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Business Services Diversified Industrials Household & Personal Products Insurance - Life Specialty Chemicals Utilities - Diversified Beverages - Soft Drinks Insurance - Diversified Insurance Brokers Oil & Gas Midstream Restaurants Aerospace & Defense Asset Management Communication Equipment Credit Services Drug Manufacturers - Major Financial Data & Stock Exchanges Insurance - Property & Casualty Medical Devices

Keywords: S&P 500 Nasdaq 100 Electricity Natural Gas Insurance Dow Jones Component Disability Gas Transmission Aerospace Chemical Insurance Products Medicine Natural Gas Distribution Alcohol Beverage Imaging Natural Gas Liquids Natural Gas Storage Natural Gas Transmission Plastic

FAS: Top Represented Industries & Keywords

Industries: Asset Management Banks - Regional - US Capital Markets Credit Services Insurance - Property & Casualty Insurance - Diversified Insurance - Life Insurance Brokers Banks - Global Business Services Financial Data & Stock Exchanges Insurance - Reinsurance

Keywords: S&P 500 Insurance Bank Banking Insurance Products Investment Bank Cash Management Disability Casualty Insurance Financial Products Investment Management Commercial Banking Risk Management Life Insurance Hedge Funds Investment Product Risk Management Services Advisory Services Asset Management Services Credit Card