AIRR vs. XMLV ETF Comparison

Comparison of First Trust RBA American Industrial Renaissance ETF (AIRR) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$65.03

Average Daily Volume

99,799

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 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 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 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

$55.16

Average Daily Volume

40,496

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	XMLV
30 Days	-1.28%	-1.02%
60 Days	1.40%	1.84%
90 Days	12.63%	4.70%
12 Months	42.85%	9.84%

1 Overlapping Holdings

	Symbol	Grade	Weight in AIRR	Weight in XMLV	Overlap
	MDU	A	3.92%	1.68%	1.68%

AIRR Overweight 43 Positions Relative to XMLV

Symbol	Grade	Weight
POWL	B	4.46%
MLI	A	4.11%
DY	A	3.94%
STRL	D	3.93%
MTZ	B	3.92%
ATKR	B	3.91%
EME	A	3.89%
HUBB	D	3.82%
FSS	B	3.8%
FIX	B	3.79%
CLH	A	3.79%
RBC	C	3.66%
SHLS	F	3.64%
PRIM	A	3.49%
GVA	A	3.34%
ROAD	D	3.24%
ACA	C	2.45%
AMRC	D	2.44%
WNC	F	2.35%
GBX	B	2.32%
BLBD	C	2.29%
MWA	A	2.25%
LMB	B	2.1%
TPC	A	1.26%
FNB	A	1.19%
PLOW	D	1.1%
ASTE	F	0.99%
PRLB	F	0.87%
ANET	C	0.86%
WTFC	A	0.79%
ONB	A	0.76%
FFBC	A	0.73%
ASB	A	0.72%
FCF	A	0.71%
FULT	A	0.68%
FRME	A	0.64%
PRK	A	0.62%
SRCE	A	0.6%
PEBO	A	0.6%
GABC	D	0.6%
HTLF	A	0.59%
QCRH	C	0.49%
LKFN	C	0.48%

AIRR Underweight 78 Positions Relative to XMLV

Symbol	Grade	Weight
PNM	C	-1.86%
ATR	A	-1.6%
CACI	A	-1.57%
SEIC	C	-1.57%
TXRH	A	-1.51%
DTM	B	-1.47%
CW	A	-1.46%
ORI	A	-1.46%
POST	B	-1.45%
BWXT	C	-1.43%
NFG	A	-1.43%
SNX	B	-1.43%
IDA	A	-1.42%
ADC	A	-1.4%
NNN	B	-1.4%
INGR	B	-1.4%
DCI	B	-1.39%
AM	A	-1.38%
NWE	A	-1.38%
OGE	A	-1.38%
CASY	B	-1.38%
GLPI	F	-1.37%
WEN	A	-1.37%
NJR	A	-1.35%
MUSA	B	-1.33%
MTG	B	-1.32%
KBR	A	-1.32%
ACM	A	-1.31%
FLO	A	-1.3%
EHC	A	-1.3%
SR	A	-1.29%
POR	A	-1.28%
AIRC	A	-1.28%
OGS	B	-1.27%
BJ	A	-1.27%
USFD	C	-1.26%
CHE	F	-1.25%
MSM	F	-1.24%
SIGI	F	-1.24%
AVT	B	-1.23%
CVLT	A	-1.21%
WTRG	A	-1.21%
GHC	B	-1.21%
RGA	A	-1.2%
OHI	B	-1.19%
AFG	D	-1.18%
BKH	A	-1.18%
ESNT	C	-1.17%
GATX	D	-1.17%
SON	D	-1.17%
GNTX	D	-1.17%
SAIC	C	-1.16%
COLM	A	-1.16%
ALE	A	-1.16%
THG	B	-1.15%
LSTR	D	-1.13%
HLI	A	-1.13%
DLB	D	-1.11%
STAG	D	-1.11%
NBIX	A	-1.1%
FNF	B	-1.09%
WPC	B	-1.07%
FR	D	-1.07%
NEU	D	-1.06%
BRX	B	-1.06%
LECO	D	-1.06%
PFGC	D	-1.06%
RS	D	-1.06%
CHH	C	-1.05%
EPR	C	-1.04%
EGP	F	-1.04%
FHI	F	-1.02%
ELS	D	-1.02%
PCH	F	-1.02%
WH	D	-1.0%
PRI	C	-0.99%
G	D	-0.95%
WERN	D	-0.9%