LVOL vs. SPHQ ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to PowerShares S&P 500 High Quality Portfolio (SPHQ)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$53.96

Average Daily Volume

270

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$66.93

Average Daily Volume

1,016,437

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	SPHQ
30 Days	0.27%	2.28%
60 Days	7.96%	9.19%
90 Days	4.53%	3.91%
12 Months	26.37%	36.54%

32 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in SPHQ	Overlap
AAPL	C	6.79%	5.12%	5.12%
ADSK	B	0.71%	0.78%	0.71%
AMP	A	0.6%	0.72%	0.6%
BR	B	0.28%	0.26%	0.26%
CDW	D	0.12%	0.31%	0.12%
CMI	A	1.07%	0.52%	0.52%
COST	C	2.01%	4.15%	2.01%
CSCO	A	2.66%	2.42%	2.42%
CTAS	C	1.75%	0.72%	0.72%
CTSH	B	1.46%	0.36%	0.36%
EA	D	0.67%	0.33%	0.33%
FAST	C	0.49%	0.52%	0.49%
FFIV	B	0.15%	0.14%	0.14%
GWW	B	0.49%	0.53%	0.49%
HOLX	D	0.22%	0.18%	0.18%
INTU	F	1.43%	1.64%	1.43%
IT	A	0.45%	0.61%	0.45%
ITW	C	0.8%	1.14%	0.8%
JKHY	A	0.15%	0.13%	0.13%
JNJ	D	2.84%	5.22%	2.84%
KMB	D	0.56%	0.56%	0.56%
MA	A	2.38%	5.22%	2.38%
MCO	D	0.86%	0.73%	0.73%
MDLZ	D	0.21%	1.02%	0.21%
MSFT	D	8.08%	4.57%	4.57%
PAYX	B	1.23%	0.61%	0.61%
PEP	F	1.31%	2.35%	1.31%
PG	D	2.76%	4.08%	2.76%
SHW	C	1.02%	1.0%	1.0%
V	B	2.91%	4.76%	2.91%
VLTO	A	0.04%	0.28%	0.04%
VRSK	D	0.44%	0.43%	0.43%

LVOL Overweight 66 Positions Relative to SPHQ

Symbol	Grade	Weight
ACN	B	2.61%
HD	A	2.54%
BRK.A	B	2.48%
LIN	C	2.39%
GOOGL	B	2.11%
AMZN	C	2.08%
KO	C	1.95%
MMC	D	1.89%
MDT	C	1.85%
APH	D	1.8%
MRK	F	1.8%
TEL	D	1.72%
SPGI	C	1.45%
ABT	C	1.33%
MCD	A	1.29%
DOX	B	1.28%
HON	C	1.21%
CB	A	1.2%
BSX	A	1.05%
PTC	B	0.99%
RSG	D	0.99%
CL	D	0.98%
GD	C	0.95%
WM	B	0.87%
ECL	C	0.87%
MSI	A	0.82%
DOV	C	0.77%
ROP	D	0.76%
GOOG	B	0.7%
SYK	C	0.67%
HIG	A	0.66%
IBM	A	0.65%
TDY	A	0.63%
NDSN	C	0.58%
TRV	B	0.5%
YUM	C	0.45%
OTIS	A	0.4%
CMCSA	B	0.39%
WMT	A	0.35%
SNA	C	0.33%
LOW	C	0.3%
GRMN	D	0.3%
NTAP	D	0.29%
BLK	A	0.28%
PKG	B	0.22%
DLB	D	0.2%
MAS	C	0.2%
AVY	D	0.2%
VRSN	C	0.19%
CRM	B	0.19%
IEX	D	0.18%
FDS	C	0.17%
ZBH	F	0.17%
LLY	D	0.15%
ORLY	A	0.13%
CW	A	0.11%
AJG	C	0.1%
AXP	A	0.1%
AON	A	0.1%
ABBV	C	0.09%
ITT	C	0.09%
CHE	D	0.08%
GGG	C	0.08%
LSTR	F	0.08%
DCI	B	0.08%
AVB	C	0.06%

LVOL Underweight 66 Positions Relative to SPHQ

Symbol	Grade	Weight
AVGO	B	-5.4%
NFLX	A	-3.62%
ADBE	F	-2.83%
QCOM	D	-2.3%
GE	B	-2.16%
CAT	A	-2.05%
ADP	A	-1.86%
AMAT	C	-1.85%
LMT	A	-1.81%
PGR	B	-1.62%
TJX	D	-1.53%
KLAC	B	-1.28%
NKE	D	-1.27%
LRCX	D	-1.17%
PANW	B	-1.09%
ZTS	C	-0.84%
EMR	B	-0.75%
MPC	D	-0.6%
MCHP	F	-0.54%
ROST	D	-0.5%
IDXX	D	-0.48%
CNC	F	-0.47%
LEN	C	-0.47%
GEHC	C	-0.46%
ACGL	A	-0.46%
KVUE	C	-0.45%
COR	F	-0.43%
VLO	F	-0.43%
A	B	-0.42%
MLM	F	-0.41%
SYY	D	-0.39%
ROK	D	-0.38%
MNST	D	-0.38%
EBAY	A	-0.36%
DD	C	-0.35%
VMC	D	-0.33%
LULU	D	-0.32%
NVR	C	-0.31%
ADM	F	-0.3%
BALL	C	-0.3%
HSY	D	-0.28%
DECK	B	-0.27%
KEYS	B	-0.27%
BLDR	C	-0.26%
K	B	-0.26%
LYB	B	-0.25%
CLX	C	-0.24%
TROW	D	-0.24%
EXPD	D	-0.23%
BAX	D	-0.23%
ULTA	D	-0.22%
STE	D	-0.22%
CINF	A	-0.21%
OMC	C	-0.2%
POOL	D	-0.2%
JBL	C	-0.18%
EG	A	-0.17%
SWKS	F	-0.16%
CHRW	C	-0.14%
AOS	C	-0.13%
BWA	C	-0.11%
SOLV	C	-0.1%
APA	F	-0.1%
MKTX	B	-0.09%
PAYC	D	-0.08%
RL	B	-0.08%