KBWP vs. FXO ETF Comparison

Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to First Trust Financials AlphaDEX (FXO)

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

$103.87

Average Daily Volume

20,943

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXO

First Trust Financials AlphaDEX

FXO Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Financials Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$44.85

Average Daily Volume

76,932

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	KBWP	FXO
30 Days	-0.82%	-3.24%
60 Days	2.91%	2.00%
90 Days	8.73%	3.55%
12 Months	23.68%	20.31%

13 Overlapping Holdings

Symbol	Grade	Weight in KBWP	Weight in FXO	Overlap
ACGL	A	4.11%	1.77%	1.77%
AFG	B	3.97%	0.32%	0.32%
AIG	A	8.05%	1.36%	1.36%
AIZ	C	3.82%	0.31%	0.31%
AXS	A	3.92%	0.68%	0.68%
CB	B	7.8%	0.98%	0.98%
CINF	A	4.11%	1.7%	1.7%
EG	D	3.91%	1.63%	1.63%
HIG	A	4.07%	0.98%	0.98%
PGR	A	8.75%	1.82%	1.82%
RNR	B	3.81%	1.65%	1.65%
TRV	C	8.03%	0.33%	0.33%
WRB	C	3.94%	0.32%	0.32%

KBWP Overweight 11 Positions Relative to FXO

Symbol	Grade	Weight
ALL	A	8.34%
THG	B	3.9%
SIGI	B	3.88%
RLI	B	3.73%
KMPR	B	3.67%
MCY	A	3.01%
SPNT	C	2.09%
HMN	B	1.46%
PRA	B	0.69%
UVE	A	0.58%
JRVR	D	0.34%

KBWP Underweight 88 Positions Relative to FXO

Symbol	Grade	Weight
OWL	A	-1.76%
KKR	C	-1.73%
APO	C	-1.73%
WTM	B	-1.72%
AMG	B	-1.72%
SLM	A	-1.71%
BRK.A	C	-1.7%
JHG	B	-1.69%
FCNCA	A	-1.69%
UNM	A	-1.69%
OZK	A	-1.66%
TROW	B	-1.66%
NU	D	-1.64%
AGO	D	-1.62%
MTG	C	-1.57%
STT	B	-1.36%
MTB	B	-1.36%
HBAN	A	-1.35%
MKL	B	-1.35%
L	B	-1.35%
AMP	A	-1.35%
OMF	A	-1.34%
BRO	C	-1.33%
FNB	B	-1.31%
CMA	A	-1.31%
C	A	-1.3%
FHN	B	-1.3%
WBS	C	-1.29%
RYAN	B	-1.29%
COLB	D	-1.29%
ALLY	A	-1.28%
BEN	D	-1.27%
KNSL	B	-1.24%
VIRT	A	-1.03%
ARES	C	-1.02%
LPLA	B	-1.02%
AFL	B	-0.97%
BK	B	-0.97%
EQH	A	-0.97%
BOKF	A	-0.96%
FHB	C	-0.96%
PNFP	C	-0.95%
SEIC	C	-0.95%
ZION	B	-0.94%
BAC	A	-0.94%
EWBC	C	-0.93%
WTFC	C	-0.93%
CFG	A	-0.92%
RF	B	-0.92%
WAL	B	-0.89%
LNC	B	-0.88%
PRI	D	-0.87%
MORN	B	-0.7%
WFC	A	-0.7%
GS	A	-0.69%
TPG	C	-0.69%
WTW	B	-0.68%
RGA	A	-0.68%
ORI	A	-0.68%
BPOP	C	-0.67%
SNV	C	-0.66%
FITB	A	-0.66%
USB	C	-0.66%
NTRS	B	-0.65%
PB	C	-0.65%
JPM	B	-0.65%
FAF	D	-0.65%
PNC	A	-0.65%
UWMC	D	-0.61%
RKT	D	-0.57%
GL	F	-0.37%
CBSH	A	-0.34%
MS	A	-0.33%
RJF	A	-0.33%
SF	C	-0.33%
CFR	A	-0.33%
CBOE	B	-0.33%
TW	C	-0.33%
PRU	C	-0.32%
AJG	B	-0.32%
STWD	B	-0.32%
JEF	C	-0.32%
CRBG	A	-0.32%
BLK	C	-0.31%
KEY	A	-0.31%
VOYA	D	-0.31%
FNF	C	-0.3%
XP	D	-0.29%