KBWP vs. DFNL ETF Comparison

Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to Davis Select Financial ETF (DFNL)
KBWP

PowerShares KBW Property & Casualty Insurance Portfolio ETF

KBWP Description

The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$102.01

Average Daily Volume

21,239

Number of Holdings *

24

* may have additional holdings in another (foreign) market
DFNL

Davis Select Financial ETF

DFNL Description The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.58

Average Daily Volume

9,800

Number of Holdings *

20

* may have additional holdings in another (foreign) market
Performance
Period KBWP DFNL
30 Days -5.03% -1.45%
60 Days 0.28% 5.34%
90 Days 4.43% 5.61%
12 Months 23.98% 24.45%
2 Overlapping Holdings
Symbol Grade Weight in KBWP Weight in DFNL Overlap
CB D 7.78% 5.65% 5.65%
EG D 3.93% 1.12% 1.12%
KBWP Overweight 22 Positions Relative to DFNL
Symbol Grade Weight
PGR B 8.75%
ALL A 8.56%
AIG B 8.01%
TRV D 7.55%
ACGL B 4.17%
CINF B 4.13%
HIG D 4.05%
THG D 3.95%
RNR D 3.93%
AFG D 3.93%
WRB D 3.88%
AXS D 3.87%
SIGI D 3.82%
KMPR D 3.8%
AIZ D 3.75%
RLI C 3.75%
MCY B 3.1%
SPNT C 2.09%
HMN A 1.51%
PRA B 0.71%
UVE B 0.58%
JRVR F 0.35%
KBWP Underweight 18 Positions Relative to DFNL
Symbol Grade Weight
COF A -9.43%
BRK.A D -7.53%
JPM B -6.3%
WFC A -5.96%
MKL D -5.76%
FITB A -5.19%
BK A -5.12%
USB C -4.64%
AXP A -4.59%
PNC A -4.52%
L C -3.4%
TFC A -2.75%
BAC A -2.46%
RKT C -2.31%
NTB A -1.64%
MTB A -1.46%
STT B -1.45%
SCHW A -1.41%
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