FOVL vs. PSCF ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to PowerShares S&P SmallCap Financials Portfolio (PSCF)

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

$68.83

Average Daily Volume

1,975

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$55.15

Average Daily Volume

2,356

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	PSCF
30 Days	1.74%	1.80%
60 Days	4.26%	0.16%
90 Days	11.17%	6.53%
12 Months	41.64%	35.89%

2 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in PSCF	Overlap
	CMA	A	2.58%	2.31%	2.31%
	FHB	A	2.59%	0.84%	0.84%

FOVL Overweight 38 Positions Relative to PSCF

Symbol	Grade	Weight
NTRS	B	2.79%
FHN	B	2.75%
MTB	B	2.71%
WTM	B	2.68%
DFS	A	2.66%
BAC	B	2.64%
USB	B	2.61%
JHG	A	2.59%
ETR	A	2.58%
D	B	2.58%
OZK	B	2.54%
PNC	B	2.52%
VOYA	B	2.52%
RF	B	2.52%
ALK	A	2.52%
FNB	A	2.52%
FITB	B	2.52%
AXS	C	2.51%
CMCSA	A	2.5%
MET	C	2.5%
PNW	D	2.49%
CNA	D	2.48%
AVT	B	2.48%
RNR	C	2.47%
OGE	C	2.47%
UGI	D	2.46%
EVRG	C	2.45%
PFG	C	2.44%
MTG	D	2.43%
PRGO	D	2.39%
HPE	A	2.38%
RPRX	D	2.38%
ADM	F	2.37%
BG	F	2.33%
VZ	D	2.31%
CRI	F	2.19%
CNXC	F	2.17%
CWEN	C	2.14%

FOVL Underweight 160 Positions Relative to PSCF

Symbol	Grade	Weight
JXN	B	-2.07%
EPRT	C	-1.62%
COOP	D	-1.58%
LNC	A	-1.54%
RDN	F	-1.43%
SLG	B	-1.39%
CTRE	A	-1.32%
MC	D	-1.3%
PIPR	B	-1.27%
PECO	B	-1.25%
SFBS	A	-1.18%
AGO	B	-1.16%
ABCB	B	-1.13%
MAC	B	-1.1%
HASI	B	-1.1%
STEP	B	-1.07%
HIW	C	-1.04%
SKT	B	-1.04%
IIPR	C	-1.04%
WD	C	-1.02%
AX	B	-1.0%
BGC	A	-0.97%
UCB	D	-0.93%
PJT	B	-0.93%
AUB	C	-0.92%
APLE	C	-0.92%
BXMT	C	-0.9%
CATY	A	-0.9%
FULT	B	-0.89%
FBP	D	-0.87%
CWK	C	-0.86%
DEI	B	-0.86%
NMIH	D	-0.86%
APAM	A	-0.84%
CBU	A	-0.84%
WSFS	D	-0.83%
GNW	D	-0.82%
SFNC	A	-0.81%
MPW	D	-0.81%
ABR	B	-0.8%
LXP	D	-0.78%
WAFD	D	-0.76%
INDB	B	-0.74%
UE	B	-0.74%
TBBK	D	-0.74%
FCPT	D	-0.74%
CNS	B	-0.74%
BKU	C	-0.73%
BOH	A	-0.73%
GSHD	A	-0.72%
OUT	C	-0.71%
CVBF	B	-0.71%
VIRT	A	-0.7%
AKR	B	-0.7%
PRK	A	-0.69%
PLMR	D	-0.68%
PFS	B	-0.68%
BFH	C	-0.68%
FFBC	A	-0.67%
SNEX	A	-0.66%
PPBI	B	-0.66%
ENVA	A	-0.64%
SBCF	B	-0.63%
BANR	A	-0.61%
BANF	B	-0.6%
IBTX	B	-0.59%
PAYO	B	-0.59%
BANC	B	-0.59%
RNST	B	-0.59%
NBTB	D	-0.58%
SHO	D	-0.58%
TRMK	B	-0.58%
EVTC	D	-0.57%
ROIC	B	-0.56%
JOE	F	-0.56%
NATL	D	-0.54%
TFIN	B	-0.54%
STC	D	-0.54%
OFG	C	-0.51%
PRG	C	-0.5%
MCY	B	-0.5%
DRH	D	-0.5%
TRUP	A	-0.49%
NBHC	A	-0.48%
FCF	D	-0.48%
CASH	A	-0.48%
DFIN	F	-0.47%
NWBI	C	-0.47%
FBK	B	-0.47%
FBNC	D	-0.47%
CHCO	A	-0.47%
LKFN	B	-0.46%
GTY	C	-0.45%
JBGS	C	-0.44%
GNL	D	-0.44%
LTC	A	-0.43%
PEB	F	-0.42%
HMN	A	-0.42%
ELME	D	-0.42%
HOPE	D	-0.42%
STBA	D	-0.41%
XHR	C	-0.41%
VBTX	B	-0.41%
VRE	D	-0.39%
HTH	D	-0.39%
VRTS	B	-0.39%
UNIT	C	-0.38%
WABC	B	-0.38%
ALEX	C	-0.37%
CUBI	D	-0.37%
DEA	C	-0.37%
AAT	C	-0.36%
KW	C	-0.36%
SPNT	D	-0.36%
WT	B	-0.34%
RC	F	-0.33%
SAFT	D	-0.33%
PMT	D	-0.33%
NAVI	F	-0.33%
EIG	C	-0.33%
BHLB	B	-0.32%
ARI	F	-0.31%
FBRT	B	-0.3%
EXPI	B	-0.3%
DCOM	B	-0.3%
CSR	D	-0.3%
ECPG	D	-0.3%
EFC	D	-0.3%
PFBC	B	-0.29%
AMSF	A	-0.29%
RWT	D	-0.28%
HCI	B	-0.28%
NXRT	D	-0.27%
MMI	D	-0.26%
SBSI	D	-0.26%
BDN	C	-0.26%
BRKL	A	-0.26%
CFFN	A	-0.23%
EGBN	A	-0.23%
TMP	A	-0.22%
CPF	C	-0.22%
AHH	D	-0.21%
PRAA	D	-0.21%
HFWA	A	-0.21%
PRA	B	-0.21%
BSIG	A	-0.2%
INN	F	-0.19%
KREF	D	-0.19%
HAFC	A	-0.19%
TRST	D	-0.18%
HPP	F	-0.18%
EZPW	B	-0.17%
GDOT	C	-0.17%
SVC	F	-0.17%
WSR	B	-0.17%
UHT	D	-0.15%
AMBC	D	-0.15%
BFS	D	-0.13%
UFCS	F	-0.12%
WRLD	D	-0.11%