KMID vs. PSI ETF Comparison

Comparison of Virtus KAR Mid-Cap ETF (KMID) to PowerShares Dynamic Semiconductors (PSI)

KMID

Virtus KAR Mid-Cap ETF

KMID Description

The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap® Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund"s sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.83

Average Daily Volume

12,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSI

PowerShares Dynamic Semiconductors

PSI Description

The PowerShares Dynamic Semiconductors Portfolio (Fund) is based on the Dynamic Semiconductor IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intelldiex Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 30 US semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$56.40

Average Daily Volume

96,493

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMID	PSI
30 Days	4.99%	0.61%
60 Days		2.34%
90 Days		-3.40%
12 Months		28.52%

1 Overlapping Holdings

	Symbol	Grade	Weight in KMID	Weight in PSI	Overlap
	MPWR	F	2.35%	1.79%	1.79%

KMID Overweight 24 Positions Relative to PSI

Symbol	Grade	Weight
AME	A	6.31%
TDY	B	4.11%
HEI	B	4.06%
EFX	F	3.98%
LII	A	3.97%
WST	C	3.92%
POOL	C	3.92%
ROST	C	3.88%
ODFL	B	3.82%
DPZ	C	3.82%
PNR	A	3.68%
VRSK	A	3.63%
WAB	B	3.57%
BRO	B	3.55%
NDSN	B	3.5%
ROL	B	3.42%
FICO	B	3.28%
BSY	D	3.25%
LPLA	A	3.1%
MSCI	C	2.94%
ALGN	D	2.92%
BR	A	2.92%
FDS	B	2.64%
WRB	A	2.47%

KMID Underweight 25 Positions Relative to PSI

Symbol	Grade	Weight
NVDA	C	-5.76%
AVGO	D	-5.41%
MU	D	-5.25%
TXN	C	-5.19%
QCOM	F	-4.99%
ADI	D	-4.77%
AMAT	F	-4.6%
LRCX	F	-4.53%
SMTC	B	-3.45%
MTSI	B	-3.39%
PI	D	-3.07%
ACMR	F	-2.88%
PLAB	C	-2.87%
ICHR	C	-2.85%
UCTT	D	-2.72%
MKSI	C	-2.62%
NXPI	D	-2.5%
ENTG	D	-2.48%
AOSL	C	-2.34%
SWKS	F	-2.24%
AMKR	D	-2.21%
ONTO	D	-2.21%
KLAC	D	-2.2%
FORM	D	-2.15%
CRUS	D	-2.03%