FOVL vs. PFI ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to PowerShares Dynamic Financial (PFI)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$58.98

Average Daily Volume

10,053

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFI

PowerShares Dynamic Financial

PFI Description

The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$46.77

Average Daily Volume

5,758

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	PFI
30 Days	-6.52%	-5.92%
60 Days	-1.23%	-2.11%
90 Days	2.54%	4.31%
12 Months	18.49%	17.43%

2 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in PFI	Overlap
	JPM	B	3.07%	4.15%	3.07%
	ORI	A	2.71%	1.33%	1.33%

FOVL Overweight 38 Positions Relative to PFI

Symbol	Grade	Weight
TOL	B	3.4%
PNFP	D	3.29%
IBKR	A	3.25%
BLDR	D	3.12%
COF	A	3.09%
SF	A	3.01%
WTM	B	2.97%
WLK	B	2.87%
FHB	B	2.83%
WBS	D	2.77%
FYBR	C	2.77%
SNV	D	2.77%
AXS	C	2.76%
FNB	C	2.7%
JHG	C	2.66%
KMI	A	2.61%
CNA	B	2.57%
LYB	C	2.51%
PFG	C	2.49%
NUE	D	2.47%
CLF	F	2.47%
DFS	A	2.46%
T	B	2.46%
AMG	C	2.44%
HPE	C	2.31%
THO	D	2.31%
CUZ	B	2.3%
LPX	D	2.28%
AN	A	2.28%
STT	C	2.28%
AGR	A	2.21%
PNW	A	2.09%
Z	F	1.94%
ALK	B	1.93%
LSXMK	F	1.7%
SNDR	F	1.69%
UNM	C	1.44%
LLYVK	D	0.65%

FOVL Underweight 41 Positions Relative to PFI

Symbol	Grade	Weight
MA	C	-5.63%
KNSL	F	-5.04%
ARES	A	-4.74%
APO	C	-4.04%
V	C	-3.46%
KKR	C	-3.07%
COOP	A	-3.04%
COIN	D	-2.95%
AJG	C	-2.9%
FCNCA	A	-2.69%
AXP	A	-2.64%
MMC	C	-2.47%
BRO	C	-2.44%
PGR	A	-2.1%
AIG	B	-1.87%
HOOD	D	-1.86%
SPG	C	-1.84%
PRI	D	-1.74%
RHP	D	-1.73%
JXN	A	-1.71%
CB	B	-1.68%
HLI	B	-1.67%
PIPR	A	-1.58%
DFIN	A	-1.5%
VCTR	A	-1.5%
OMF	A	-1.48%
EVR	C	-1.46%
SFBS	D	-1.45%
BGC	B	-1.4%
AGO	D	-1.39%
AGM	A	-1.36%
SLG	B	-1.34%
RGA	A	-1.31%
ERIE	C	-1.31%
MTG	C	-1.31%
SKT	B	-1.28%
OFG	B	-1.22%
HCI	A	-1.22%
ENVA	C	-1.19%
RYAN	D	-1.15%
TREE	B	-1.13%