KBWB vs. RSPF ETF Comparison

Comparison of PowerShares KBW Bank Portfolio ETF (KBWB) to Invesco S&P 500 Equal Weight Financial ETF (RSPF)

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

701,898

Number of Holdings ^*

24

* may have additional holdings in another (foreign) market

RSPF

Invesco S&P 500 Equal Weight Financial ETF

RSPF Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of all of the components of the S&P 500® Financials Index, an index that contains the common stocks of all companies included in the S&P 500® Index that are classified as members of the financials sector, as defined according to the Global Industry Classification Standard (GICS).

Grade (RS Rating)

Last Trade

$61.14

Average Daily Volume

11,595

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	KBWB	RSPF
30 Days	0.82%	-2.98%
60 Days	5.64%	0.57%
90 Days	9.74%	3.40%
12 Months	48.49%	30.72%

5 Overlapping Holdings

	Symbol	Grade	Weight in KBWB	Weight in RSPF	Overlap
	C	A	4.21%	1.49%	1.49%
	COF	B	4.01%	1.47%	1.47%
	GS	A	8.16%	1.46%	1.46%
	MS	A	8.13%	1.46%	1.46%
	NTRS	C	3.3%	1.47%	1.47%

KBWB Overweight 19 Positions Relative to RSPF

	Symbol	Grade	Weight
	BAC	B	8.3%
	WFC	B	8.15%
	JPM	B	7.86%
	TFC	A	4.1%
	FITB	A	4.05%
	PNC	A	4.01%
	MTB	A	3.97%
	BK	A	3.85%
	HBAN	A	3.8%
	STT	C	3.76%
	USB	C	3.69%
	RF	B	3.48%
	CFG	A	3.1%
	KEY	C	2.63%
	EWBC	A	2.06%
	FHN	A	1.6%
	CMA	B	1.33%
	WAL	C	1.25%
	ZION	A	1.18%

KBWB Underweight 5 Positions Relative to RSPF

	Symbol	Grade	Weight
	PYPL	B	-1.53%
	ALL	B	-1.49%
	SCHW	A	-1.46%
	DFS	B	-1.46%
	EG	D	-1.46%

KBWB: Top Represented Industries & Keywords

Industries: Banks - Regional - US Banks - Global Asset Management Capital Markets Credit Services

Keywords: Bank S&P 500 Banking Cash Management Investment Bank Commercial Banking Financial Products Investment Management Cash Management Services Commercial Bank Investment Banking Trade Finance Asset Management Services Advisory Services Asset Management Deposit Products Investment Management Services Investment Product Mortgage Banking Primary Dealers

RSPF: Top Represented Industries & Keywords

Industries: Capital Markets Credit Services Asset Management Banks - Global Insurance - Property & Casualty Insurance - Reinsurance

Keywords: S&P 500 Bank Investment Bank Banking Brokerage Financial Advisory Services Financial Products Hedge Funds Insurance Insurance Products Investment Product Portfolio Management Separately Managed Account Cash Management Casualty Insurance Clearing Services Debit Card Demand Deposit Exchange Traded Fund General Insurance