XSLV vs. HSMV ETF Comparison

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

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 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 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 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

$43.41

Average Daily Volume

24,033

Number of Holdings ^*

113

* 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	XSLV	HSMV
30 Days	-0.38%	-1.07%
60 Days	-0.05%	-1.03%
90 Days	1.33%	-0.40%
12 Months	12.70%	8.43%

37 Overlapping Holdings

Symbol	Grade	Weight in XSLV	Weight in HSMV	Overlap
AGO	D	0.9%	0.5%	0.5%
AIN	D	0.78%	0.53%	0.53%
AIR	B	0.76%	0.39%	0.39%
AVA	D	0.87%	0.48%	0.48%
AWR	D	0.95%	0.52%	0.52%
BCPC	A	0.92%	0.55%	0.55%
COOP	D	0.86%	0.52%	0.52%
CPK	C	0.87%	0.63%	0.63%
CTRE	A	1.09%	0.51%	0.51%
CWT	C	0.84%	0.51%	0.51%
EFC	B	0.93%	0.53%	0.53%
ENSG	B	1.08%	0.52%	0.52%
EPC	B	0.92%	0.55%	0.55%
EPRT	A	1.04%	0.53%	0.53%
EVTC	F	0.75%	0.42%	0.42%
FCPT	B	1.06%	0.52%	0.52%
FELE	D	0.89%	0.47%	0.47%
FSS	D	0.84%	0.5%	0.5%
IDCC	A	0.82%	0.66%	0.66%
INVA	B	0.98%	0.53%	0.53%
IOSP	D	0.94%	0.51%	0.51%
JJSF	B	0.97%	0.6%	0.6%
KFY	B	0.93%	0.54%	0.54%
LXP	B	0.92%	0.69%	0.69%
MCRI	D	1.04%	0.5%	0.5%
MSGS	B	0.85%	0.51%	0.51%
NMIH	B	0.94%	0.54%	0.54%
NSIT	C	1.02%	0.54%	0.54%
PBH	C	0.98%	0.49%	0.49%
PECO	C	0.98%	0.5%	0.5%
PLXS	D	0.82%	0.57%	0.57%
PRGS	B	1.02%	0.54%	0.54%
RDN	B	0.93%	0.51%	0.51%
ROIC	C	0.83%	0.47%	0.47%
TNC	D	0.81%	0.47%	0.47%
UNF	B	0.93%	0.53%	0.53%
VRRM	B	0.92%	0.57%	0.57%

XSLV Overweight 76 Positions Relative to HSMV

Symbol	Grade	Weight
LTC	A	1.16%
EIG	C	1.1%
BRC	B	1.06%
TR	C	1.04%
GTY	D	1.0%
NHC	A	0.97%
ALEX	B	0.95%
SAFT	D	0.94%
AMSF	F	0.93%
NABL	B	0.93%
SHO	C	0.92%
UTL	D	0.91%
APLE	D	0.91%
SITC	B	0.9%
WSR	B	0.9%
UE	B	0.9%
SJW	D	0.9%
NPK	D	0.88%
MRTN	C	0.88%
CNXN	D	0.87%
FIZZ	B	0.87%
PJT	A	0.86%
MTX	C	0.86%
HTLD	C	0.86%
CHCO	C	0.86%
FUL	D	0.85%
AKR	A	0.85%
PSMT	D	0.84%
SKT	D	0.84%
HSTM	C	0.84%
SHOO	C	0.83%
AWI	D	0.83%
HUBG	C	0.83%
PIPR	A	0.83%
ESE	D	0.83%
UHT	C	0.82%
BFS	C	0.82%
AHH	B	0.82%
HMN	D	0.82%
AL	C	0.82%
ADUS	B	0.81%
DRH	D	0.8%
CHCT	F	0.8%
NWN	F	0.8%
RGR	F	0.8%
BHE	D	0.79%
CALM	B	0.79%
OSIS	C	0.79%
JBSS	D	0.78%
APOG	D	0.78%
BOX	D	0.78%
ACA	D	0.78%
UVV	D	0.77%
CRVL	B	0.77%
EPAC	B	0.76%
CSR	B	0.76%
SXT	C	0.76%
NWBI	C	0.76%
HNI	C	0.75%
DFIN	D	0.75%
SPTN	F	0.74%
BSIG	C	0.74%
MGY	B	0.73%
HTH	D	0.73%
STC	D	0.73%
WABC	D	0.72%
SCL	D	0.72%
RUSHA	F	0.71%
FDP	F	0.71%
MGEE	D	0.71%
GMS	D	0.7%
KAR	C	0.7%
NAVI	F	0.7%
KELYA	D	0.68%
SMP	F	0.63%
MYE	F	0.59%

XSLV Underweight 159 Positions Relative to HSMV

Symbol	Grade	Weight
CUBE	B	-0.69%
UTHR	B	-0.67%
GMED	B	-0.67%
BJ	B	-0.65%
CVLT	B	-0.61%
LFUS	C	-0.61%
CASY	B	-0.6%
EVR	A	-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%
LANC	B	-0.57%
HRB	B	-0.57%
FAF	D	-0.56%
MUSA	C	-0.56%
DTM	B	-0.56%
TTEK	D	-0.56%
JEF	B	-0.56%
MMS	B	-0.55%
RGA	C	-0.55%
TXRH	B	-0.55%
LII	B	-0.55%
PRI	C	-0.55%
KEX	B	-0.55%
OHI	B	-0.55%
MTN	F	-0.55%
CW	C	-0.54%
JHG	B	-0.54%
ADC	B	-0.54%
SBRA	A	-0.54%
EGP	B	-0.54%
CACI	B	-0.54%
SFM	B	-0.54%
ELS	C	-0.54%
AM	B	-0.53%
GLPI	B	-0.53%
GATX	B	-0.53%
ALE	C	-0.53%
NVT	D	-0.53%
CNO	B	-0.52%
NFG	D	-0.52%
EHC	B	-0.52%
G	D	-0.52%
WTRG	C	-0.52%
ACHC	F	-0.52%
MTG	B	-0.52%
EXP	D	-0.52%
LSTR	D	-0.52%
USFD	C	-0.52%
WERN	F	-0.52%
VOYA	D	-0.52%
OGE	C	-0.52%
ORI	D	-0.52%
ESNT	C	-0.52%
BRX	B	-0.52%
WU	D	-0.52%
NNN	B	-0.52%
PNM	D	-0.51%
MDU	C	-0.51%
INGR	D	-0.51%
SF	B	-0.51%
EXEL	C	-0.51%
EPR	C	-0.51%
AVT	D	-0.51%
STAG	B	-0.51%
AMH	A	-0.51%
FLS	D	-0.51%
LOPE	C	-0.51%
FR	C	-0.51%
ATR	D	-0.5%
MAT	F	-0.5%
NJR	D	-0.5%
RLI	D	-0.5%
SCI	C	-0.5%
NWE	D	-0.5%
CHH	B	-0.5%
BKH	D	-0.5%
POR	D	-0.5%
RPM	D	-0.5%
ASH	D	-0.5%
DLB	D	-0.5%
MSA	C	-0.5%
VVV	B	-0.5%
WPC	D	-0.5%
WH	C	-0.5%
FHI	C	-0.5%
COLM	D	-0.5%
ITT	D	-0.49%
GGG	D	-0.49%
CHE	D	-0.49%
FNF	D	-0.49%
SEIC	D	-0.49%
SNX	D	-0.49%
POST	C	-0.49%
KBR	D	-0.49%
REXR	C	-0.49%
OGS	C	-0.49%
AGCO	F	-0.49%
SR	C	-0.49%
DCI	D	-0.49%
IDA	D	-0.49%
PFGC	D	-0.49%
BWXT	B	-0.49%
AFG	D	-0.49%
AMG	D	-0.49%
GPK	D	-0.48%
ACM	D	-0.48%
THG	D	-0.48%
CHDN	B	-0.48%
MIDD	F	-0.48%
RS	D	-0.48%
GNTX	D	-0.48%
PCH	F	-0.48%
KNX	C	-0.48%
RYN	D	-0.48%
CBSH	C	-0.47%
LAMR	B	-0.47%
HXL	D	-0.47%
RNR	D	-0.47%
ARW	D	-0.47%
OSK	D	-0.46%
MAN	D	-0.46%
FNB	C	-0.46%
MOG.A	C	-0.46%
WTS	D	-0.46%
SIGI	F	-0.46%
VNT	D	-0.46%
CRI	F	-0.45%
SAIC	D	-0.45%
SON	F	-0.45%
FLO	D	-0.45%
SLGN	D	-0.45%
R	B	-0.44%
ALV	D	-0.44%
WEN	F	-0.43%
CRUS	A	-0.43%
JAZZ	F	-0.42%
LECO	F	-0.42%
MSM	F	-0.42%
ENR	C	-0.42%
RGLD	B	-0.41%
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%