XRLV vs. HDV ETF Comparison

Comparison of PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV) to iShares High Dividend ETF (HDV)

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

$54.13

Average Daily Volume

1,055

Number of Holdings ^*

99

* may have additional holdings in another (foreign) market

HDV

iShares High Dividend ETF

HDV Description

The investment seeks to track the investment results of an index composed of relatively high dividend paying U.S. equities. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Morningstar® Dividend Yield Focus IndexSM (the "underlying index"), which offers exposure to high quality U.S.-domiciled companies that have had strong financial health and an ability to sustain above average dividend payouts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$118.52

Average Daily Volume

439,794

Number of Holdings ^*

75

* may have additional holdings in another (foreign) market

Performance

Period	XRLV	HDV
30 Days	0.50%	1.76%
60 Days	7.48%	7.08%
90 Days	10.62%	10.84%
12 Months	25.85%	27.99%

32 Overlapping Holdings

	Symbol	Grade	Weight in XRLV	Weight in HDV	Overlap
	ABBV	C	0.92%	6.02%	0.92%
	ATO	A	1.09%	0.27%	0.27%
	CMS	A	0.96%	0.34%	0.34%
	CSCO	A	1.05%	3.83%	1.05%
	DOW	B	0.9%	1.17%	0.9%
	DRI	C	0.98%	0.4%	0.4%
	DUK	C	1.0%	1.77%	1.0%
	EVRG	C	0.89%	0.33%	0.33%
	FE	C	0.94%	0.47%	0.47%
	GIS	C	0.92%	0.75%	0.75%
	JNJ	D	1.07%	6.43%	1.07%
	KMB	D	0.95%	0.9%	0.9%
	KMI	A	1.05%	1.3%	1.05%
	KO	C	1.32%	4.21%	1.32%
	LMT	A	1.0%	1.5%	1.0%
	LNT	B	0.95%	0.28%	0.28%
	LYB	B	0.89%	0.78%	0.78%
	MDT	C	0.95%	1.95%	0.95%
	MO	D	0.9%	3.53%	0.9%
	NI	A	0.93%	0.27%	0.27%
	OKE	A	0.97%	1.27%	0.97%
	OMC	C	0.96%	0.31%	0.31%
	PAYX	B	0.93%	0.7%	0.7%
	PEG	A	1.01%	0.71%	0.71%
	PEP	F	0.96%	3.96%	0.96%
	PM	D	1.04%	4.27%	1.04%
	PPL	C	1.0%	0.43%	0.43%
	SO	A	0.97%	1.75%	0.97%
	SRE	C	0.95%	0.88%	0.88%
	SYY	D	0.88%	0.57%	0.57%
	WEC	B	0.92%	0.58%	0.58%
	WMB	A	1.0%	1.29%	1.0%

XRLV Overweight 67 Positions Relative to HDV

	Symbol	Grade	Weight
	BRK.A	B	1.41%
	TMUS	A	1.29%
	V	B	1.2%
	RSG	D	1.19%
	L	C	1.19%
	PG	D	1.17%
	MMC	D	1.16%
	CL	D	1.16%
	WMT	A	1.16%
	MA	A	1.14%
	TJX	D	1.13%
	MCD	A	1.12%
	LIN	C	1.12%
	FI	A	1.12%
	ITW	C	1.11%
	BK	A	1.08%
	ROP	D	1.08%
	HON	C	1.08%
	AMP	A	1.07%
	CB	A	1.06%
	MET	A	1.06%
	YUM	C	1.05%
	MSI	A	1.05%
	CME	A	1.05%
	HIG	A	1.04%
	AVY	D	1.04%
	IEX	D	1.02%
	MDLZ	D	1.01%
	VRSN	C	1.0%
	AME	C	1.0%
	UNP	F	1.0%
	PFG	A	1.0%
	PRU	B	1.0%
	ADP	A	0.99%
	GD	C	0.99%
	ETR	A	0.99%
	JPM	C	0.98%
	CHD	D	0.97%
	CTAS	C	0.97%
	PKG	B	0.97%
	AFL	A	0.97%
	KDP	C	0.97%
	HLT	A	0.96%
	STZ	D	0.96%
	WM	B	0.95%
	CSX	D	0.95%
	ED	C	0.95%
	PPG	D	0.95%
	AIG	C	0.94%
	WELL	C	0.94%
	BRO	A	0.93%
	COR	F	0.93%
	ECL	C	0.93%
	REGN	D	0.92%
	AJG	C	0.92%
	AVB	C	0.92%
	ABT	C	0.91%
	BR	B	0.9%
	DGX	D	0.9%
	JKHY	A	0.89%
	HOLX	D	0.89%
	EA	D	0.88%
	VRSK	D	0.87%
	BDX	C	0.87%
	CBOE	B	0.86%
	ELV	F	0.85%
	MCK	F	0.73%

XRLV Underweight 43 Positions Relative to HDV

	Symbol	Grade	Weight
	XOM	A	-9.79%
	CVX	B	-6.41%
	T	B	-4.45%
	MRK	F	-4.25%
	IBM	A	-3.55%
	TXN	C	-2.69%
	COP	D	-2.04%
	PNC	C	-1.45%
	BX	C	-1.41%
	EOG	B	-1.19%
	PSX	D	-1.11%
	AEP	C	-1.02%
	EIX	C	-0.68%
	TROW	D	-0.64%
	DTE	B	-0.47%
	DVN	F	-0.47%
	AEE	A	-0.41%
	AMCR	C	-0.41%
	CTRA	D	-0.36%
	GPC	D	-0.33%
	CLX	C	-0.33%
	CINF	A	-0.29%
	SWKS	F	-0.24%
	EMN	C	-0.24%
	SNA	C	-0.23%
	OGE	C	-0.19%
	AM	A	-0.18%
	DTM	A	-0.17%
	CHK	C	-0.16%
	WU	D	-0.14%
	JHG	A	-0.12%
	NFG	A	-0.11%
	INGR	B	-0.11%
	MC	B	-0.1%
	NJR	C	-0.1%
	ALE	A	-0.09%
	MSM	D	-0.09%
	APAM	B	-0.09%
	IDA	D	-0.09%
	RDN	D	-0.08%
	VCTR	A	-0.04%
	CNS	C	-0.04%
	REYN	D	-0.03%

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 Risk Management Alcohol Beverage Imaging Natural Gas Liquids Natural Gas Storage Natural Gas Transmission

HDV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Asset Management Oil & Gas E&P Oil & Gas Midstream Drug Manufacturers - Major Utilities - Diversified Utilities - Regulated Gas Beverages - Soft Drinks Chemicals Household & Personal Products Oil & Gas Integrated Packaged Foods Packaging & Containers Semiconductors Tobacco Advertising Agencies Aerospace & Defense Banks - Regional - US Business Services Communication Equipment

Keywords: S&P 500 Natural Gas Electricity Natural Gas Liquids Natural Gas Storage Gas Transmission Dow Jones Component Energy Services Plastic Electric Utility Nasdaq 100 Natural Gas Transmission Petroleum Industry Beverage Chemical Crude Oil Distribution Services Electric Utilities Natural Gas Distribution Biomass