KBWP vs. MVFD ETF Comparison

Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)

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

$123.28

Average Daily Volume

70,618

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MVFD

Monarch Volume Factor Dividend Tree Index ETF

MVFD Description

MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

5,890

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWP	MVFD
30 Days	2.11%	2.33%
60 Days	5.29%	4.31%
90 Days	9.40%	7.03%
12 Months	36.46%

0 Overlapping Holdings

	Symbol	Grade	Weight in KBWP	Weight in MVFD	Overlap

KBWP Overweight 24 Positions Relative to MVFD

Symbol	Grade	Weight
TRV	B	8.62%
ALL	A	7.94%
PGR	B	7.83%
CB	D	7.74%
AIG	D	7.54%
RLI	A	4.35%
THG	A	4.23%
AIZ	A	4.21%
CINF	A	4.18%
SIGI	C	4.17%
AXS	A	4.08%
AFG	A	4.07%
KMPR	A	3.94%
RNR	C	3.86%
HIG	A	3.84%
WRB	A	3.83%
EG	C	3.58%
MCY	B	3.52%
ACGL	D	3.39%
SPNT	A	2.17%
HMN	B	1.44%
PRA	B	0.74%
UVE	A	0.55%
JRVR	F	0.15%

KBWP Underweight 39 Positions Relative to MVFD

Symbol	Grade	Weight
MO	A	-3.74%
FOX	A	-3.57%
TGNA	B	-3.47%
FOXA	B	-3.36%
HLNE	B	-3.3%
BKH	A	-3.08%
VOYA	B	-3.0%
JHG	B	-2.92%
MATX	B	-2.88%
ADTN	B	-2.85%
ABM	B	-2.85%
QCOM	F	-2.71%
MLI	B	-2.7%
NYT	D	-2.62%
SR	A	-2.59%
EXPD	D	-2.47%
PM	A	-2.36%
LPX	B	-2.35%
RHI	C	-2.35%
WKC	C	-2.35%
MEI	F	-2.33%
SEM	B	-2.31%
AFL	C	-2.27%
CCK	D	-2.23%
GILD	B	-2.18%
CHRD	F	-2.17%
NTAP	C	-2.14%
CL	D	-2.13%
SSNC	C	-2.12%
AMKR	F	-2.08%
CME	A	-2.07%
WD	D	-2.05%
NRG	B	-2.04%
ALLY	C	-2.04%
TTC	F	-1.93%
EXPI	C	-1.9%
KBH	D	-1.87%
ADM	D	-1.86%
BCO	F	-1.7%