KBE vs. PFI ETF Comparison

Comparison of SPDR S&P Bank ETF (KBE) to PowerShares Dynamic Financial (PFI)

KBE

SPDR S&P Bank ETF

KBE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded national money centers and leading regional banks. In seeking to track the performance of the S&P Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.63

Average Daily Volume

1,808,152

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

$63.14

Average Daily Volume

6,473

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBE	PFI
30 Days	13.14%	12.13%
60 Days	15.82%	13.64%
90 Days	15.94%	17.59%
12 Months	60.85%	50.72%

8 Overlapping Holdings

Symbol	Grade	Weight in KBE	Weight in PFI	Overlap
BPOP	B	0.99%	1.24%	0.99%
COOP	B	1.04%	2.38%	1.04%
FCNCA	A	1.21%	2.87%	1.21%
JPM	A	1.21%	3.65%	1.21%
JXN	C	1.22%	1.74%	1.22%
MTG	C	0.99%	1.35%	0.99%
SFBS	B	0.9%	1.67%	0.9%
WAL	B	1.1%	2.68%	1.1%

KBE Overweight 85 Positions Relative to PFI

Symbol	Grade	Weight
APO	B	1.45%
WFC	A	1.42%
WBS	A	1.37%
EWBC	A	1.32%
PNFP	B	1.32%
FHN	A	1.3%
MTB	A	1.29%
ZION	B	1.29%
GBCI	B	1.29%
AX	A	1.28%
CFR	B	1.28%
SNV	B	1.27%
COLB	A	1.27%
WTFC	A	1.27%
ASB	B	1.26%
NTRS	A	1.25%
HBAN	A	1.25%
TCBI	B	1.24%
BAC	A	1.22%
KEY	B	1.21%
C	A	1.21%
BOH	B	1.21%
RF	A	1.21%
VLY	B	1.21%
CADE	B	1.2%
CMA	A	1.2%
EQH	B	1.19%
FNB	A	1.19%
FULT	A	1.19%
CFG	B	1.18%
CBSH	A	1.18%
PNC	B	1.18%
UMBF	B	1.17%
HWC	B	1.17%
OZK	B	1.17%
BKU	A	1.16%
BK	A	1.16%
USB	A	1.15%
PB	A	1.15%
HOMB	A	1.15%
CRBG	B	1.14%
TBBK	B	1.14%
ABCB	B	1.14%
ONB	B	1.14%
UBSI	B	1.14%
SSB	B	1.13%
FITB	A	1.13%
TFC	A	1.13%
BANC	A	1.13%
FFIN	B	1.13%
VOYA	B	1.1%
FIBK	A	1.1%
FBP	B	1.04%
AUB	B	1.03%
EBC	B	1.03%
CVBF	A	1.02%
PFS	B	1.0%
CBU	B	0.99%
WD	D	0.99%
RDN	C	0.98%
CATY	B	0.97%
INDB	B	0.97%
BOKF	B	0.94%
NMIH	D	0.93%
UCB	A	0.91%
PFSI	D	0.9%
ESNT	D	0.89%
IBOC	A	0.89%
FHB	A	0.88%
WAFD	B	0.83%
RNST	B	0.82%
WSFS	A	0.81%
TFIN	A	0.79%
PPBI	B	0.78%
IBTX	B	0.77%
BANR	B	0.75%
SBCF	A	0.72%
RKT	F	0.69%
SFNC	B	0.64%
TRMK	B	0.61%
FFBC	A	0.61%
HTH	B	0.58%
FRME	B	0.56%
LKFN	B	0.45%
WSBC	A	0.44%

KBE Underweight 32 Positions Relative to PFI

Symbol	Grade	Weight
MA	C	-5.06%
AMP	A	-4.56%
ARES	A	-4.16%
KKR	A	-3.74%
V	A	-3.27%
HOOD	B	-2.99%
EVR	B	-2.81%
JEF	A	-2.59%
BRO	B	-2.54%
AXP	A	-2.54%
KNSL	B	-2.38%
MMC	B	-2.3%
AFL	B	-2.15%
WRB	A	-2.11%
PIPR	B	-2.08%
PRI	A	-2.07%
PGR	A	-2.06%
SPG	B	-2.0%
HLI	B	-1.95%
ICE	C	-1.85%
ACGL	D	-1.77%
HLNE	B	-1.58%
VCTR	B	-1.55%
SLG	B	-1.54%
BGC	C	-1.54%
ENVA	B	-1.48%
OFG	B	-1.21%
RDFN	D	-1.19%
ERIE	D	-1.16%
NMRK	B	-1.05%
TREE	F	-0.95%
UWMC	D	-0.75%