MGMT vs. XMLV ETF Comparison

Comparison of Ballast Small/Mid Cap ETF (MGMT) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

MGMT

Ballast Small/Mid Cap ETF

MGMT Description

The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.

Grade (RS Rating)

Last Trade

$35.48

Average Daily Volume

17,712

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 Index with the lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$53.59

Average Daily Volume

52,663

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGMT	XMLV
30 Days	-2.83%	-2.21%
60 Days	-0.79%	-0.07%
90 Days	-0.27%	2.26%
12 Months	7.58%	4.56%

4 Overlapping Holdings

Symbol	Grade	Weight in MGMT	Weight in XMLV	Overlap
EPR	D	1.62%	1.04%	1.04%
G	F	0.82%	0.97%	0.82%
LSTR	D	2.36%	1.16%	1.16%
MTG	C	2.82%	1.28%	1.28%

MGMT Overweight 42 Positions Relative to XMLV

Symbol	Grade	Weight
NRP	A	5.16%
AGM	C	3.71%
AZZ	A	3.34%
CVCO	C	3.25%
TDC	F	2.86%
EXP	B	2.84%
PHIN	A	2.81%
CASS	C	2.79%
CEIX	B	2.67%
GEO	A	2.65%
TRIP	C	2.53%
LAMR	B	2.33%
SOI	B	2.3%
NTIC	A	2.17%
GPRE	F	2.17%
CBNK	D	2.14%
BIOX	D	2.13%
ATKR	A	2.1%
IGIC	A	2.08%
IMXI	A	1.99%
LII	B	1.91%
DOX	D	1.88%
KOS	B	1.71%
BLCO	F	1.71%
BWA	D	1.71%
GSM	B	1.63%
SFM	A	1.62%
RMNI	F	1.59%
ECVT	D	1.57%
BELFB	D	1.52%
CRMT	F	1.51%
IPGP	F	1.5%
KN	D	1.28%
RCMT	F	1.24%
UFPT	A	1.24%
EPSN	A	1.17%
TKR	B	1.16%
CMP	F	0.95%
PATK	D	0.95%
IRMD	D	0.91%
EXTR	F	0.78%
BIL	A	0.22%

MGMT Underweight 75 Positions Relative to XMLV

Symbol	Grade	Weight
PNM	F	-1.86%
MDU	A	-1.65%
SEIC	C	-1.63%
ATR	C	-1.52%
DTM	A	-1.47%
ORI	B	-1.45%
CW	A	-1.44%
NFG	A	-1.43%
CACI	C	-1.43%
TXRH	A	-1.42%
DCI	A	-1.42%
NNN	C	-1.42%
BWXT	C	-1.42%
SNX	A	-1.39%
ADC	D	-1.38%
AM	A	-1.37%
INGR	B	-1.37%
GLPI	F	-1.37%
IDA	B	-1.37%
POST	B	-1.36%
CHE	C	-1.36%
NWE	B	-1.34%
OGE	B	-1.33%
CASY	A	-1.33%
ACM	A	-1.33%
BJ	B	-1.32%
NJR	A	-1.31%
MUSA	A	-1.3%
AIRC	A	-1.29%
WEN	B	-1.28%
KBR	A	-1.28%
USFD	C	-1.27%
EHC	A	-1.27%
GHC	B	-1.25%
SIGI	D	-1.25%
MSM	D	-1.24%
OGS	B	-1.23%
SR	B	-1.23%
GATX	B	-1.22%
POR	A	-1.21%
OHI	D	-1.2%
AFG	B	-1.2%
FLO	A	-1.2%
FR	D	-1.2%
STAG	D	-1.2%
AVT	C	-1.2%
RS	B	-1.2%
NEU	C	-1.19%
CVLT	C	-1.19%
RGA	A	-1.18%
ESNT	C	-1.18%
SON	B	-1.17%
ALE	A	-1.16%
WTRG	D	-1.16%
GNTX	C	-1.16%
LECO	C	-1.15%
EGP	F	-1.15%
THG	C	-1.14%
FHI	B	-1.14%
DLB	F	-1.14%
SAIC	C	-1.13%
BKH	B	-1.13%
HLI	B	-1.13%
PCH	F	-1.12%
PFGC	C	-1.11%
COLM	D	-1.11%
CHH	C	-1.1%
NBIX	C	-1.08%
WPC	D	-1.07%
FNF	C	-1.05%
BRX	D	-1.04%
ELS	F	-1.04%
PRI	D	-1.03%
WH	D	-0.99%
WERN	F	-0.96%