MORT vs. KBWD ETF Comparison

Comparison of Market Vectors Mortgage REIT Income ETF (MORT) to PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD)

MORT

Market Vectors Mortgage REIT Income ETF

MORT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market VectorsÂ® Global Mortgage REITs Index (the "Mortgage REITs Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Mortgage REITs Index is comprised of stocks of publicly traded U.S. mortgage REITs that derive at least 50% of their revenues (or, where applicable, have at least 50% of their assets) from mortgage-related activity. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.75

Average Daily Volume

281,198

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KBWD

PowerShares KBW High Dividend Yield Financial Portfolio ETF

KBWD Description

The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 publicly listed financial companies that are principally engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$15.19

Average Daily Volume

128,686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MORT	KBWD
30 Days	-2.40%	2.16%
60 Days	-0.20%	3.92%
90 Days	-5.74%	-1.61%
12 Months	10.08%	19.96%

7 Overlapping Holdings

Symbol	Grade	Weight in MORT	Weight in KBWD	Overlap
ACRE	D	1.11%	2.9%	1.11%
AGNC	C	11.57%	3.59%	3.59%
ARI	C	3.41%	2.97%	2.97%
DX	C	1.97%	2.9%	1.97%
EFC	C	2.63%	3.98%	2.63%
KREF	D	1.08%	2.56%	1.08%
RC	C	3.65%	3.32%	3.32%

MORT Overweight 10 Positions Relative to KBWD

Symbol	Grade	Weight
STWD	D	9.84%
BXMT	D	4.91%
HASI	C	4.66%
ABR	D	4.63%
LADR	B	3.5%
PMT	B	2.55%
CIM	D	2.51%
BRSP	D	2.05%
RWT	D	1.85%
CMTG	F	1.17%

MORT Underweight 25 Positions Relative to KBWD

Symbol	Grade	Weight
FSK	A	-3.77%
TRIN	A	-3.44%
FDUS	A	-3.36%
TRTX	A	-3.23%
RILY	A	-3.17%
PSEC	D	-3.16%
PNNT	A	-3.16%
GSBD	A	-3.06%
TCPC	D	-2.97%
TPVG	D	-2.75%
BBDC	C	-2.5%
OMF	A	-2.18%
WASH	C	-2.15%
FIBK	B	-1.75%
WU	C	-1.72%
EGBN	F	-1.71%
NWBI	D	-1.67%
LNC	C	-1.66%
APAM	D	-1.54%
JXN	A	-1.53%
KEY	C	-1.46%
JHG	C	-1.24%
PRU	C	-1.21%
NYCB	F	-0.67%
CSWC	A	-0.06%