KBWB vs. GABF ETF Comparison

Comparison of PowerShares KBW Bank Portfolio ETF (KBWB) to Gabelli Financial Services Opportunities ETF (GABF)

KBWB

PowerShares KBW Bank Portfolio ETF

KBWB Description

The PowerShares KBW Bank Portfolio (Fund) is based on the KBW Bank Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Underlying Index. The Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of companies that do business as banks or thrifts that are publicly-traded in the US. The Index is compiled, maintained and calculated by Keefe, Bruyette & Woods, Inc. and is composed of approximately 24 companies representing leading national money centers and regional banks or thrifts. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$69.27

Average Daily Volume

904,045

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GABF

Gabelli Financial Services Opportunities ETF

GABF Description

Gabelli Financial Services Opportunities ETF is an exchange traded fund launched by GAMCO Investors, Inc. The fund is managed by Gabelli Funds, LLC. The fund invests in public equity markets. The fund invests in stocks of companies operating across financials sectors. It invests in value stocks of companies across diversified market capitalization. Gabelli Financial Services Opportunities ETF is domiciled in United States.

Grade (RS Rating)

Last Trade

$48.58

Average Daily Volume

13,937

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWB	GABF
30 Days	18.01%	12.57%
60 Days	23.62%	21.00%
90 Days	27.76%	25.57%
12 Months	76.97%	65.04%

9 Overlapping Holdings

Symbol	Grade	Weight in KBWB	Weight in GABF	Overlap
BAC	A	7.82%	4.58%	4.58%
BK	B	4.21%	0.86%	0.86%
COF	B	4.22%	0.3%	0.3%
JPM	A	7.52%	3.06%	3.06%
MS	B	8.54%	2.94%	2.94%
MTB	A	4.31%	1.36%	1.36%
PNC	A	3.87%	0.56%	0.56%
STT	B	4.06%	0.53%	0.53%
WFC	B	8.46%	4.49%	4.49%

KBWB Overweight 15 Positions Relative to GABF

Symbol	Grade	Weight
GS	A	7.73%
FITB	A	3.9%
C	B	3.9%
USB	B	3.89%
TFC	A	3.69%
HBAN	A	3.66%
RF	A	3.53%
NTRS	B	3.27%
CFG	A	3.05%
KEY	A	2.63%
EWBC	A	2.18%
FHN	A	1.5%
WAL	A	1.48%
CMA	A	1.36%
ZION	A	1.24%

KBWB Underweight 27 Positions Relative to GABF

Symbol	Grade	Weight
BRK.A	C	-10.84%
OWL	B	-4.47%
SSSS	B	-4.19%
AXP	A	-3.83%
IBKR	A	-3.8%
KKR	A	-3.79%
APO	B	-3.74%
FCNCA	A	-3.64%
SCHW	B	-3.45%
BX	B	-3.3%
FDS	B	-3.23%
WRB	B	-2.94%
AMG	C	-2.25%
SPGI	D	-1.93%
MCO	D	-1.82%
STNE	F	-1.73%
FI	A	-1.72%
NDAQ	B	-1.52%
MKL	B	-1.13%
SAMG	C	-1.06%
CB	D	-0.55%
FHI	B	-0.47%
TIPT	B	-0.36%
SF	A	-0.24%
PYPL	B	-0.1%
V	A	-0.09%
WT	B	-0.07%