AIRR vs. XSLV ETF Comparison

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

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

$64.45

Average Daily Volume

96,069

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$43.05

Average Daily Volume

23,915

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	AIRR	XSLV
30 Days	-4.30%	-2.08%
60 Days	4.82%	-1.16%
90 Days	13.55%	-1.76%
12 Months	38.28%	5.18%

1 Overlapping Holdings

	Symbol	Grade	Weight in AIRR	Weight in XSLV	Overlap
	FSS	A	3.37%	0.86%	0.86%

AIRR Overweight 45 Positions Relative to XSLV

Symbol	Grade	Weight
BLBD	B	4.64%
EME	A	4.63%
FIX	B	4.45%
POWL	C	4.28%
MTZ	B	3.91%
STRL	D	3.88%
MDU	A	3.79%
WIRE	A	3.62%
DY	A	3.58%
HUBB	B	3.56%
ROAD	B	3.51%
ATKR	A	3.47%
CLH	A	3.45%
WNC	D	3.2%
GVA	A	3.2%
ACA	D	3.07%
ARRY	F	3.06%
PRIM	A	3.01%
RBC	D	2.81%
MWA	B	2.69%
AMRC	F	2.49%
SHLS	F	2.14%
GBX	A	2.06%
ASTE	A	1.6%
PRLB	D	1.27%
LMB	C	1.09%
FNB	B	0.94%
ANET	D	0.89%
SHYF	D	0.73%
WTFC	B	0.63%
PLOW	F	0.59%
GABC	B	0.57%
ONB	B	0.53%
FCF	B	0.51%
ASB	B	0.49%
SRCE	B	0.49%
FRME	B	0.49%
PEBO	B	0.49%
FULT	B	0.48%
FFBC	B	0.47%
QCRH	B	0.45%
PRK	A	0.41%
LKFN	C	0.4%
MBWM	C	0.4%
HTLF	A	0.39%

AIRR Underweight 115 Positions Relative to XSLV

Symbol	Grade	Weight
CTRE	A	-1.19%
FCPT	D	-1.09%
LTC	A	-1.09%
PBH	B	-1.08%
AMSF	B	-1.05%
VRRM	A	-1.05%
ENSG	C	-1.03%
EIG	B	-1.02%
GTY	B	-1.02%
EPRT	A	-1.01%
RDN	C	-1.0%
AWI	C	-0.97%
JJSF	F	-0.97%
AVA	A	-0.97%
NWN	C	-0.97%
MCS	F	-0.96%
AZZ	A	-0.95%
MCRI	C	-0.95%
FELE	B	-0.95%
SAFT	B	-0.94%
CPK	B	-0.93%
IOSP	C	-0.93%
UTL	C	-0.93%
PECO	D	-0.92%
CSR	A	-0.92%
TR	D	-0.92%
BRC	B	-0.92%
NPK	A	-0.92%
EZPW	A	-0.91%
TNC	A	-0.9%
LXP	D	-0.9%
KFY	B	-0.9%
BCPC	C	-0.9%
AWR	F	-0.89%
SXT	A	-0.88%
COOP	A	-0.87%
ALEX	D	-0.87%
PLXS	D	-0.87%
CHCT	D	-0.87%
SJW	D	-0.86%
CWT	F	-0.86%
STRA	C	-0.86%
HMN	B	-0.86%
NMIH	B	-0.86%
CHCO	B	-0.85%
UVV	A	-0.85%
EFC	B	-0.85%
APLE	D	-0.85%
AGO	D	-0.85%
SKT	B	-0.84%
PSMT	B	-0.84%
NSIT	B	-0.84%
RGR	B	-0.84%
APOG	A	-0.84%
SXI	C	-0.84%
CRVL	C	-0.84%
XHR	B	-0.83%
AIN	D	-0.83%
BHE	B	-0.83%
ESE	C	-0.83%
UNF	D	-0.82%
BMI	A	-0.82%
FUL	C	-0.82%
MSGS	D	-0.81%
RUSHA	B	-0.81%
SHO	C	-0.81%
NHC	C	-0.81%
PRGS	D	-0.81%
MOG.A	A	-0.8%
EVTC	D	-0.8%
CSGS	D	-0.8%
INVA	C	-0.8%
CTS	C	-0.79%
IDCC	C	-0.79%
JBSS	D	-0.79%
SITC	B	-0.79%
EPC	D	-0.79%
CRC	A	-0.78%
UHT	F	-0.78%
NAVI	C	-0.78%
FIZZ	F	-0.78%
PJT	C	-0.77%
AKR	A	-0.77%
OSIS	A	-0.77%
PIPR	B	-0.77%
BFS	D	-0.77%
AIR	B	-0.77%
DRH	C	-0.77%
HSTM	D	-0.77%
FDP	A	-0.76%
APAM	C	-0.76%
CENTA	C	-0.75%
MRTN	F	-0.74%
UE	C	-0.74%
RGP	F	-0.73%
CNXN	C	-0.73%
SHOO	C	-0.72%
ROG	F	-0.72%
AHH	C	-0.71%
AMBC	D	-0.71%
ROIC	D	-0.71%
PINC	D	-0.71%
DEA	C	-0.71%
WSR	C	-0.7%
HUBG	D	-0.7%
SCL	D	-0.69%
VIAV	F	-0.69%
NWBI	D	-0.68%
SMP	D	-0.68%
MSEX	D	-0.68%
CLDT	D	-0.67%
YELP	B	-0.67%
SMPL	D	-0.67%
HTLD	F	-0.66%
THS	D	-0.66%