XSHQ vs. SIXL ETF Comparison

Comparison of PowerShares S&P SmallCap Quality Portfolio (XSHQ) to 6 Meridian Low Beta Equity Strategy ETF (SIXL)

XSHQ

PowerShares S&P SmallCap Quality Portfolio

XSHQ Description

The PowerShares S&P SmallCap Quality Portfolio (the "Fund") is based on the S&P SmallCap 600 Quality Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index that have the highest quality score, which is calculated based on the average of three fundamental measures: return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

Grade (RS Rating)

Last Trade

$47.76

Average Daily Volume

59,139

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

SIXL

6 Meridian Low Beta Equity Strategy ETF

SIXL Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities. The equity securities in which it invests are mainly common stocks. The fund may invest in equity securities of companies of any capitalization. It also may invest in real estate investment trusts (REITs).

Grade (RS Rating)

Last Trade

$39.34

Average Daily Volume

3,012

Number of Holdings ^*

238

* may have additional holdings in another (foreign) market

Performance

Period	XSHQ	SIXL
30 Days	9.25%	4.28%
60 Days	9.27%	4.41%
90 Days	11.08%	5.62%
12 Months	30.19%	23.37%

21 Overlapping Holdings

Symbol	Grade	Weight in XSHQ	Weight in SIXL	Overlap
AGO	B	1.27%	0.47%	0.47%
ALKS	B	1.87%	0.41%	0.41%
AMSF	B	0.41%	0.48%	0.41%
ATEN	B	0.43%	0.49%	0.43%
BRC	D	1.02%	0.39%	0.39%
COLL	F	0.38%	0.31%	0.31%
CVI	F	0.18%	0.33%	0.18%
DFIN	D	0.55%	0.37%	0.37%
EIG	B	0.36%	0.45%	0.36%
FIZZ	C	0.44%	0.42%	0.42%
HCI	C	0.3%	0.44%	0.3%
JBSS	D	0.29%	0.35%	0.29%
LPG	F	0.3%	0.29%	0.29%
LQDT	B	0.16%	0.48%	0.16%
MCRI	A	0.36%	0.44%	0.36%
MCY	A	0.55%	0.48%	0.48%
NHC	C	0.47%	0.38%	0.38%
NPK	B	0.11%	0.41%	0.11%
PDCO	D	0.45%	0.4%	0.4%
PLMR	B	0.86%	0.46%	0.46%
WDFC	B	1.57%	0.43%	0.43%

XSHQ Overweight 93 Positions Relative to SIXL

Symbol	Grade	Weight
MLI	C	4.34%
JXN	C	2.96%
AWI	A	2.64%
KTB	B	2.11%
APAM	B	2.1%
BMI	B	1.96%
CORT	B	1.95%
PJT	A	1.92%
JBT	B	1.8%
IBP	D	1.78%
LNC	B	1.7%
BCC	B	1.62%
FSS	B	1.62%
FTDR	A	1.6%
SIG	B	1.52%
BCPC	B	1.5%
CEIX	A	1.44%
SM	B	1.42%
MHO	D	1.34%
IDCC	A	1.34%
RDN	C	1.32%
AX	A	1.31%
CRVL	A	1.26%
FELE	B	1.24%
CNS	B	1.21%
POWL	C	1.21%
AGYS	A	1.17%
FBP	B	1.13%
AMR	C	1.1%
TBBK	B	1.09%
ARCH	B	1.08%
GMS	B	1.08%
ASO	F	1.07%
DORM	B	1.03%
CATY	B	0.98%
HP	B	0.97%
NMIH	D	0.95%
AEO	F	0.94%
PAYO	A	0.9%
OTTR	C	0.9%
LCII	C	0.87%
EPAC	B	0.85%
UE	C	0.82%
SHOO	D	0.81%
PATK	D	0.8%
IOSP	B	0.77%
CASH	A	0.74%
BKE	B	0.7%
YELP	C	0.7%
ROCK	C	0.69%
APOG	B	0.69%
CENX	B	0.66%
IPAR	B	0.62%
OFG	B	0.61%
SXI	B	0.6%
HWKN	B	0.6%
PRG	C	0.58%
ANDE	D	0.57%
WOR	F	0.56%
WS	B	0.54%
CHCO	B	0.53%
TNC	D	0.53%
CENTA	C	0.53%
KLG	C	0.52%
LKFN	B	0.51%
BANF	B	0.51%
WABC	B	0.51%
ASTH	D	0.5%
WT	B	0.47%
GIII	D	0.47%
GRBK	D	0.47%
AMWD	C	0.45%
VRTS	B	0.44%
CSGS	B	0.44%
TILE	B	0.43%
PLAB	C	0.43%
DNOW	B	0.43%
GDEN	B	0.4%
PFBC	B	0.4%
LNN	B	0.39%
STAA	F	0.37%
HRMY	D	0.37%
OXM	D	0.35%
CAL	D	0.34%
WNC	C	0.34%
REX	D	0.27%
IIIN	C	0.23%
PCRX	C	0.23%
MNRO	D	0.21%
RES	D	0.13%
GES	F	0.12%
SLP	D	0.12%
USNA	C	0.11%

XSHQ Underweight 217 Positions Relative to SIXL

Symbol	Grade	Weight
CXW	B	-0.65%
MASI	A	-0.58%
SFM	A	-0.57%
UFCS	B	-0.55%
EXEL	B	-0.55%
UNM	A	-0.54%
HQY	B	-0.54%
DTM	B	-0.54%
CALM	A	-0.54%
BWXT	B	-0.53%
BRBR	A	-0.52%
LRN	A	-0.51%
ATGE	B	-0.5%
FHI	A	-0.5%
INCY	C	-0.5%
PRDO	B	-0.5%
MGEE	C	-0.49%
X	C	-0.49%
MCK	B	-0.49%
ETR	B	-0.49%
TMUS	B	-0.49%
CW	B	-0.48%
RHI	B	-0.48%
TXRH	C	-0.48%
MGY	A	-0.47%
LOPE	B	-0.47%
PRI	A	-0.47%
PPC	C	-0.46%
DBX	B	-0.46%
SNDR	B	-0.46%
PRGS	A	-0.46%
AMBC	C	-0.46%
VIRT	B	-0.46%
SMPL	B	-0.46%
RLI	B	-0.46%
FDP	B	-0.46%
CVX	A	-0.46%
HMN	B	-0.46%
TRV	B	-0.45%
BGC	C	-0.45%
ATO	A	-0.45%
GILD	C	-0.45%
RAMP	C	-0.45%
THG	A	-0.45%
BJ	A	-0.45%
SRE	A	-0.45%
EOG	A	-0.45%
RBA	A	-0.45%
RGA	A	-0.44%
SAM	C	-0.44%
CPK	A	-0.44%
ATR	B	-0.44%
PINC	B	-0.44%
PBH	A	-0.44%
T	A	-0.44%
MORN	B	-0.44%
WMT	A	-0.44%
JAZZ	B	-0.44%
AVAV	D	-0.44%
SIGI	C	-0.44%
HSTM	B	-0.44%
AEE	A	-0.44%
RYAN	B	-0.44%
KR	B	-0.44%
XEL	A	-0.44%
WWD	B	-0.43%
WM	A	-0.43%
XOM	B	-0.43%
EVRG	A	-0.43%
COP	C	-0.43%
LHX	C	-0.43%
CAH	B	-0.43%
WTW	B	-0.43%
MMSI	B	-0.43%
ORI	A	-0.43%
ALL	A	-0.43%
MSGS	A	-0.43%
CASY	A	-0.43%
TKO	B	-0.43%
EHC	B	-0.43%
AM	A	-0.43%
MANH	D	-0.43%
ORLY	B	-0.43%
OGE	B	-0.43%
AFG	A	-0.42%
EPRT	B	-0.42%
SUPN	C	-0.42%
DLB	B	-0.42%
BOX	B	-0.42%
ITGR	B	-0.42%
PNW	B	-0.42%
DT	C	-0.42%
EZPW	A	-0.42%
PM	B	-0.42%
AWR	B	-0.42%
CHD	B	-0.42%
MO	A	-0.42%
NJR	A	-0.42%
SPNT	A	-0.42%
NFG	A	-0.42%
PECO	A	-0.42%
UVV	B	-0.42%
DGX	A	-0.42%
WEC	A	-0.42%
DVAX	C	-0.42%
PPL	B	-0.42%
NWN	A	-0.42%
WEN	D	-0.42%
ALE	A	-0.41%
SAFT	C	-0.41%
ARMK	B	-0.41%
ADC	B	-0.41%
TR	B	-0.41%
MUSA	A	-0.41%
NWE	B	-0.41%
INGR	B	-0.41%
VZ	C	-0.41%
AFL	B	-0.41%
RSG	A	-0.41%
ABT	B	-0.41%
VRSK	A	-0.41%
PGR	A	-0.41%
CME	A	-0.41%
OLLI	D	-0.41%
WRB	A	-0.41%
UTHR	C	-0.41%
LTC	B	-0.41%
STRA	C	-0.41%
NYT	C	-0.4%
INVA	D	-0.4%
SO	D	-0.4%
AJG	B	-0.4%
OHI	C	-0.4%
JJSF	B	-0.4%
WTRG	B	-0.4%
KNSL	B	-0.4%
UTL	B	-0.4%
CB	C	-0.4%
NEU	C	-0.4%
AVA	A	-0.4%
K	A	-0.4%
CMS	C	-0.4%
GTY	B	-0.4%
RTX	C	-0.4%
MSA	D	-0.4%
RNR	C	-0.4%
LANC	C	-0.4%
HOLX	D	-0.39%
ENSG	D	-0.39%
CHE	D	-0.39%
CHRD	D	-0.39%
PG	A	-0.39%
CBOE	B	-0.39%
DUK	C	-0.39%
DTE	C	-0.39%
CCK	C	-0.39%
NBIX	C	-0.39%
MMC	B	-0.39%
FCPT	C	-0.39%
UNH	C	-0.39%
JNJ	D	-0.38%
FE	C	-0.38%
AEP	D	-0.38%
NOC	D	-0.38%
AMH	D	-0.38%
HRB	D	-0.38%
GLPI	C	-0.38%
CACI	D	-0.38%
ELS	C	-0.38%
WPC	D	-0.37%
EPC	D	-0.37%
AMED	F	-0.37%
KMB	D	-0.37%
RGR	F	-0.37%
JNPR	F	-0.37%
BG	F	-0.37%
SJW	D	-0.37%
ED	D	-0.37%
LMT	D	-0.37%
POST	C	-0.37%
ADUS	D	-0.37%
FLO	D	-0.37%
KBR	F	-0.37%
CWT	D	-0.37%
NNN	D	-0.36%
MOH	F	-0.36%
PEP	F	-0.36%
WU	D	-0.36%
FCN	D	-0.36%
MKC	D	-0.36%
HRL	D	-0.36%
COKE	C	-0.36%
CI	F	-0.36%
ANIP	F	-0.36%
KHC	F	-0.35%
VRRM	D	-0.35%
KO	D	-0.35%
CL	D	-0.35%
ACGL	D	-0.35%
AMT	D	-0.34%
KDP	D	-0.34%
MDLZ	F	-0.34%
HSY	F	-0.34%
ABBV	D	-0.34%
ERIE	D	-0.33%
NABL	F	-0.33%
MRK	F	-0.33%
SPTN	D	-0.33%
CNC	D	-0.33%
GIS	D	-0.33%
CLW	F	-0.32%
CAG	D	-0.32%
THS	D	-0.31%
ELV	F	-0.3%
BMRN	D	-0.29%
KELYA	F	-0.28%
CPRI	F	-0.24%