XRLV vs. SEF ETF Comparison

Comparison of PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV) to ProShares Short Financials (SEF)

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

$56.04

Average Daily Volume

803

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

SEF

ProShares Short Financials

SEF Description

The investment seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.22

Average Daily Volume

11,534

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XRLV	SEF
30 Days	2.47%	-7.06%
60 Days	4.00%	-9.74%
90 Days	6.43%	-11.63%
12 Months	23.64%	-26.67%

19 Overlapping Holdings

Symbol	Grade	Weight in XRLV	Weight in SEF	Overlap
AFL	B	0.95%	0.66%	0.66%
AIG	B	0.96%	0.77%	0.77%
AJG	B	0.95%	0.3%	0.3%
AMP	A	1.26%	0.37%	0.37%
AVB	B	0.92%	0.51%	0.51%
BK	A	1.16%	0.65%	0.65%
BRK.A	B	1.43%	7.56%	1.43%
CB	C	1.04%	1.17%	1.04%
CME	A	1.06%	1.25%	1.06%
HIG	B	1.03%	0.37%	0.37%
JPM	A	1.12%	7.27%	1.12%
L	A	1.24%	0.23%	0.23%
MA	C	1.19%	4.83%	1.19%
MET	A	1.05%	0.69%	0.69%
MMC	B	1.14%	0.97%	0.97%
PFG	D	0.99%	0.25%	0.25%
PRU	A	1.04%	0.66%	0.66%
V	A	1.34%	5.88%	1.34%
WELL	A	0.99%	0.59%	0.59%

XRLV Overweight 81 Positions Relative to SEF

Symbol	Grade	Weight
TMUS	B	1.45%
FI	A	1.3%
KMI	A	1.28%
WMB	A	1.22%
RSG	A	1.21%
WMT	A	1.19%
HON	B	1.18%
OKE	A	1.16%
PG	A	1.13%
ITW	B	1.13%
MSI	B	1.13%
TJX	A	1.13%
ATO	A	1.12%
KO	D	1.12%
AME	A	1.11%
ETR	B	1.11%
CSCO	B	1.11%
PM	B	1.08%
IEX	B	1.07%
ROP	B	1.06%
MCD	D	1.06%
ADP	B	1.04%
LIN	D	1.04%
PKG	A	1.04%
SRE	A	1.03%
CL	D	1.03%
HLT	A	1.02%
JNJ	D	1.01%
CTAS	B	1.0%
PPL	B	1.0%
PEG	A	0.99%
YUM	B	0.99%
CHD	B	0.99%
DRI	B	0.98%
COR	B	0.98%
PAYX	C	0.98%
WM	A	0.98%
MO	A	0.97%
NI	A	0.97%
BRO	B	0.97%
EA	A	0.97%
CSX	B	0.96%
DUK	C	0.96%
UNP	C	0.94%
BR	A	0.94%
LNT	A	0.94%
WEC	A	0.93%
GD	F	0.93%
SO	D	0.93%
VRSN	F	0.93%
ABT	B	0.92%
DGX	A	0.92%
AVY	D	0.92%
CMS	C	0.91%
MDT	D	0.91%
LH	C	0.91%
LMT	D	0.9%
VRSK	A	0.9%
EVRG	A	0.9%
PEP	F	0.89%
OMC	C	0.89%
KMB	D	0.88%
MCK	B	0.88%
ECL	D	0.88%
FE	C	0.87%
MDLZ	F	0.87%
PPG	F	0.87%
ED	D	0.87%
STZ	D	0.87%
JKHY	D	0.86%
HOLX	D	0.85%
SYY	B	0.84%
CBOE	B	0.83%
KDP	D	0.81%
BDX	F	0.8%
GIS	D	0.78%
ABBV	D	0.76%
LYB	F	0.76%
DOW	F	0.71%
REGN	F	0.66%
ELV	F	0.64%

XRLV Underweight 78 Positions Relative to SEF

Symbol	Grade	Weight
BAC	A	-4.46%
WFC	A	-3.19%
C	A	-2.98%
AMT	D	-1.74%
AXP	A	-1.49%
GS	A	-1.34%
USB	A	-1.32%
TFC	A	-1.27%
SPGI	C	-1.22%
MS	A	-1.19%
PNC	B	-1.13%
BLK	C	-1.06%
CCI	D	-1.02%
PLD	D	-1.0%
SCHW	B	-0.93%
ICE	C	-0.91%
EQIX	A	-0.84%
AON	A	-0.83%
COF	B	-0.81%
SPG	B	-0.76%
PGR	A	-0.75%
MCO	B	-0.7%
BX	A	-0.67%
ALL	A	-0.64%
TRV	B	-0.61%
PSA	D	-0.56%
TROW	B	-0.52%
STT	A	-0.5%
SBAC	D	-0.48%
EQR	B	-0.48%
DLR	B	-0.44%
WTW	B	-0.44%
DFS	B	-0.44%
O	D	-0.42%
MSCI	C	-0.4%
CSGP	D	-0.4%
WY	D	-0.39%
NTRS	A	-0.39%
VTR	C	-0.37%
SYF	B	-0.36%
MTB	A	-0.36%
FITB	A	-0.35%
BXP	D	-0.34%
CBRE	B	-0.34%
ESS	B	-0.34%
ARE	D	-0.32%
KEY	B	-0.32%
ACGL	D	-0.31%
CFG	B	-0.3%
DOC	D	-0.3%
INVH	D	-0.28%
MKL	A	-0.28%
RF	A	-0.27%
CINF	A	-0.27%
HBAN	A	-0.26%
MAA	B	-0.26%
MKTX	D	-0.24%
WPC	D	-0.24%
SUI	D	-0.24%
EXR	D	-0.24%
NLY	C	-0.23%
UDR	B	-0.23%
HST	C	-0.22%
ELS	C	-0.22%
FNF	B	-0.22%
NDAQ	A	-0.21%
RJF	A	-0.2%
LNC	B	-0.2%
EG	C	-0.19%
MPW	F	-0.19%
ALLY	C	-0.19%
EQH	B	-0.19%
GL	B	-0.18%
FDS	B	-0.18%
REG	B	-0.18%
VNO	B	-0.18%
CPT	B	-0.18%
WRB	A	-0.17%