KBWP vs. VAMO ETF Comparison

Comparison of PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP) to Cambria Value and Momentum ETF (VAMO)

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

$103.98

Average Daily Volume

21,632

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VAMO

Cambria Value and Momentum ETF

VAMO Description

The investment seeks income and capital appreciation from investments in the U.S. equity market. The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of the value of the fund&#39;s net assets in U.S. exchange-listed equity securities. It may hedge up to 100% of the value of the fund&#39;s long portfolio. The fund may invest in securities of companies in any industry, but will limit the maximum allocation to any particular sector to 25%. It may invest up to 20% of the value of its net assets in U.S. dollar and non-U.S. dollar denominated money market instruments or other high quality debt securities, or ETFs.

Grade (RS Rating)

Last Trade

$28.70

Average Daily Volume

4,240

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KBWP	VAMO
30 Days	-4.76%	-3.90%
60 Days	1.68%	-0.76%
90 Days	4.91%	2.36%
12 Months	23.56%	18.17%

3 Overlapping Holdings

Symbol	Grade	Weight in KBWP	Weight in VAMO	Overlap
AIZ	C	3.75%	0.65%	0.65%
HIG	C	4.05%	0.85%	0.85%
MCY	B	3.1%	0.94%	0.94%

KBWP Overweight 21 Positions Relative to VAMO

Symbol	Grade	Weight
PGR	A	8.75%
ALL	A	8.56%
AIG	B	8.01%
CB	B	7.78%
TRV	C	7.55%
ACGL	A	4.17%
CINF	B	4.13%
THG	C	3.95%
RNR	C	3.93%
AFG	C	3.93%
EG	D	3.93%
WRB	D	3.88%
AXS	C	3.87%
SIGI	D	3.82%
KMPR	C	3.8%
RLI	C	3.75%
SPNT	C	2.09%
HMN	A	1.51%
PRA	B	0.71%
UVE	B	0.58%
JRVR	D	0.35%

KBWP Underweight 90 Positions Relative to VAMO

Symbol	Grade	Weight
EME	A	-1.44%
WIRE	A	-1.4%
TOL	B	-1.34%
COOP	A	-1.34%
PHM	B	-1.3%
MLI	A	-1.29%
MPC	B	-1.26%
MHO	D	-1.2%
NUE	D	-1.2%
HCC	A	-1.19%
PR	B	-1.18%
VST	A	-1.16%
L	C	-1.16%
CHRD	A	-1.14%
AMR	D	-1.1%
STRL	C	-1.09%
CEIX	D	-1.09%
GRBK	C	-1.09%
MCK	A	-1.06%
BCC	D	-1.05%
SKYW	A	-1.05%
RS	D	-1.04%
OSCR	A	-1.02%
DHI	D	-1.02%
LEN	D	-1.01%
STLD	D	-1.0%
PATK	D	-1.0%
CAH	C	-1.0%
ARCB	F	-0.99%
TMHC	C	-0.99%
ACMR	D	-0.98%
PRDO	A	-0.95%
ENVA	C	-0.95%
PLAB	C	-0.95%
GPOR	A	-0.94%
BLDR	D	-0.92%
AEL	A	-0.91%
MTH	B	-0.91%
CCS	D	-0.88%
REVG	A	-0.87%
SM	B	-0.87%
PLUS	C	-0.85%
WSM	A	-0.85%
COF	A	-0.85%
ZEUS	D	-0.85%
SKWD	C	-0.85%
DNOW	B	-0.84%
ALLY	A	-0.83%
OC	A	-0.82%
SYF	A	-0.82%
JXN	A	-0.81%
CRBG	B	-0.79%
IIIN	D	-0.77%
TBBK	F	-0.77%
GMS	C	-0.77%
NSIT	C	-0.77%
THO	D	-0.76%
WOR	D	-0.76%
FCNCA	A	-0.76%
MTG	C	-0.76%
MATX	C	-0.76%
LBRT	A	-0.76%
PVH	D	-0.76%
CNX	A	-0.75%
CAL	C	-0.75%
HOOD	D	-0.74%
RGA	A	-0.74%
BZH	D	-0.72%
PSX	D	-0.72%
JBL	F	-0.72%
URBN	C	-0.72%
MLKN	C	-0.69%
RDN	D	-0.69%
PRI	D	-0.69%
KBH	C	-0.69%
DBI	D	-0.68%
CXW	C	-0.68%
CRC	B	-0.66%
ARCH	D	-0.65%
AFL	A	-0.65%
IDCC	C	-0.63%
TPH	A	-0.63%
ARCT	F	-0.62%
TDS	B	-0.62%
FNF	C	-0.61%
LZB	D	-0.58%
UFPI	D	-0.56%
CUBI	D	-0.55%
GIII	D	-0.5%
X	F	-0.5%