KBWB vs. IYF ETF Comparison

Comparison of PowerShares KBW Bank Portfolio ETF (KBWB) to iShares U.S. Financial ETF (IYF)

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

$52.97

Average Daily Volume

701,904

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$92.48

Average Daily Volume

110,489

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	KBWB	IYF
30 Days	0.82%	-2.16%
60 Days	5.64%	1.56%
90 Days	9.74%	6.37%
12 Months	48.49%	36.53%

23 Overlapping Holdings

Symbol	Grade	Weight in KBWB	Weight in IYF	Overlap
BAC	B	8.13%	4.42%	4.42%
BK	A	3.82%	0.91%	0.91%
C	A	4.2%	2.49%	2.49%
CFG	A	3.09%	0.34%	0.34%
CMA	B	1.32%	0.14%	0.14%
EWBC	A	2.05%	0.22%	0.22%
FHN	A	1.63%	0.18%	0.18%
FITB	A	4.1%	0.53%	0.53%
GS	A	8.34%	2.86%	2.86%
HBAN	A	3.84%	0.41%	0.41%
JPM	B	7.83%	9.86%	7.83%
KEY	C	2.67%	0.29%	0.29%
MS	A	8.08%	2.26%	2.26%
MTB	A	3.97%	0.51%	0.51%
NTRS	C	3.3%	0.36%	0.36%
PNC	A	3.97%	1.3%	1.3%
RF	B	3.49%	0.38%	0.38%
STT	C	3.77%	0.47%	0.47%
TFC	A	4.13%	1.06%	1.06%
USB	C	3.72%	1.34%	1.34%
WAL	C	1.26%	0.13%	0.13%
WFC	B	8.13%	4.09%	4.09%
ZION	A	1.2%	0.13%	0.13%

KBWB Overweight 1 Positions Relative to IYF

	Symbol	Grade	Weight
	COF	B	3.91%

KBWB Underweight 114 Positions Relative to IYF

Symbol	Grade	Weight
BRK.A	D	-12.67%
SPGI	C	-2.8%
PGR	B	-2.58%
BLK	D	-2.38%
SCHW	A	-2.33%
CB	C	-2.14%
MMC	D	-2.1%
BX	D	-1.76%
CME	D	-1.6%
ICE	D	-1.55%
KKR	D	-1.31%
MCO	C	-1.25%
APO	D	-1.2%
AON	F	-1.19%
AIG	A	-1.12%
AJG	C	-1.07%
TRV	C	-1.03%
AFL	B	-1.03%
ALL	B	-0.95%
MET	D	-0.94%
AMP	B	-0.88%
PRU	C	-0.85%
MSCI	F	-0.76%
COIN	D	-0.74%
ACGL	A	-0.71%
DFS	B	-0.67%
HIG	D	-0.61%
WTW	D	-0.55%
NU	C	-0.54%
TROW	D	-0.52%
RJF	A	-0.49%
BR	C	-0.48%
NDAQ	B	-0.47%
ARES	C	-0.47%
LPLA	A	-0.43%
MKL	A	-0.41%
BRO	C	-0.41%
PFG	C	-0.4%
FCNCA	B	-0.39%
CINF	D	-0.38%
EG	D	-0.34%
FDS	D	-0.34%
WRB	D	-0.33%
L	A	-0.29%
RGA	A	-0.27%
IBKR	A	-0.26%
TW	B	-0.25%
RNR	D	-0.24%
FNF	A	-0.24%
EQH	A	-0.23%
ALLY	A	-0.22%
HOOD	C	-0.22%
AIZ	C	-0.2%
AFG	D	-0.2%
NLY	A	-0.2%
CG	D	-0.2%
OWL	C	-0.19%
ORI	A	-0.17%
JEF	B	-0.17%
SF	A	-0.17%
UNM	A	-0.17%
KNSL	F	-0.17%
MORN	C	-0.16%
PRI	D	-0.16%
MKTX	F	-0.16%
WBS	D	-0.16%
BEN	F	-0.15%
AGNC	B	-0.14%
EVR	B	-0.14%
SOFI	F	-0.14%
HLI	A	-0.14%
CBSH	A	-0.14%
GL	F	-0.14%
VOYA	C	-0.14%
XP	D	-0.14%
SEIC	C	-0.14%
PNFP	C	-0.13%
OMF	A	-0.13%
WTFC	A	-0.13%
BPOP	A	-0.13%
CFR	C	-0.13%
RITM	A	-0.12%
FAF	F	-0.12%
PB	B	-0.12%
MTG	C	-0.12%
STWD	C	-0.12%
RLI	D	-0.12%
IVZ	D	-0.11%
SNV	C	-0.11%
AMG	C	-0.11%
WTM	A	-0.1%
SLM	A	-0.1%
THG	A	-0.1%
RYAN	D	-0.1%
FNB	A	-0.1%
AXS	B	-0.1%
OZK	B	-0.1%
COLB	C	-0.09%
JHG	B	-0.09%
AGO	D	-0.09%
LAZ	C	-0.09%
KMPR	B	-0.08%
LNC	D	-0.08%
BHF	C	-0.07%
TPG	C	-0.07%
CACC	D	-0.07%
FHB	A	-0.06%
BOKF	A	-0.05%
VIRT	A	-0.04%
NYCB	D	-0.04%
CNA	B	-0.03%
RKT	C	-0.03%
UWMC	C	-0.02%
TFSL	B	-0.02%