PSCF vs. GQRE ETF Comparison

Comparison of PowerShares S&P SmallCap Financials Portfolio (PSCF) to FlexShares Global Quality Real Estate Index Fund (GQRE)

PSCF

PowerShares S&P SmallCap Financials Portfolio

PSCF Description

The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Financials 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 measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$60.68

Average Daily Volume

3,460

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.12

Average Daily Volume

18,376

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PSCF	GQRE
30 Days	7.24%	-0.92%
60 Days	7.16%	-2.23%
90 Days	9.28%	0.75%
12 Months	42.61%	21.78%

19 Overlapping Holdings

Symbol	Grade	Weight in PSCF	Weight in GQRE	Overlap
AAT	B	0.33%	0.26%	0.26%
AKR	B	0.68%	0.35%	0.35%
ALEX	B	0.37%	0.26%	0.26%
APLE	B	0.91%	0.47%	0.47%
CSR	B	0.29%	0.24%	0.24%
DRH	B	0.48%	0.26%	0.26%
EPRT	B	1.51%	0.77%	0.77%
HASI	D	0.83%	0.42%	0.42%
HIW	C	0.88%	0.46%	0.46%
HPP	F	0.14%	0.16%	0.14%
IIPR	D	0.76%	0.4%	0.4%
JOE	F	0.5%	0.24%	0.24%
LTC	B	0.43%	0.28%	0.28%
NXRT	B	0.26%	0.24%	0.24%
SHO	D	0.54%	0.28%	0.28%
SKT	A	1.02%	0.52%	0.52%
SLG	B	1.28%	0.66%	0.66%
UE	B	0.73%	0.38%	0.38%
XHR	B	0.39%	0.28%	0.28%

PSCF Overweight 143 Positions Relative to GQRE

Symbol	Grade	Weight
CMA	B	2.39%
JXN	C	1.98%
COOP	B	1.62%
LNC	C	1.58%
PIPR	A	1.39%
MC	C	1.37%
RDN	D	1.36%
CTRE	C	1.33%
PECO	A	1.25%
SFBS	C	1.24%
AGO	B	1.18%
ABCB	B	1.18%
AX	B	1.14%
MAC	B	1.09%
STEP	C	1.07%
BGC	C	1.03%
UCB	A	1.02%
AUB	B	1.0%
FULT	A	1.0%
CATY	B	0.98%
PJT	A	0.98%
CBU	B	0.95%
FHB	B	0.91%
WD	D	0.9%
FBP	C	0.89%
WSFS	B	0.89%
APAM	B	0.85%
CWK	C	0.83%
GNW	A	0.83%
BXMT	C	0.81%
SFNC	C	0.8%
DEI	B	0.8%
INDB	B	0.8%
BOH	B	0.8%
BKU	A	0.79%
CVBF	A	0.78%
NMIH	C	0.78%
WAFD	B	0.78%
BFH	C	0.76%
VIRT	A	0.75%
GSHD	A	0.75%
FFBC	B	0.73%
PFS	B	0.73%
PRK	B	0.73%
ABR	C	0.72%
SNEX	B	0.72%
TBBK	B	0.71%
CNS	B	0.71%
LXP	D	0.71%
PLMR	A	0.71%
PPBI	C	0.7%
PAYO	A	0.69%
ENVA	B	0.69%
MPW	F	0.68%
FCPT	C	0.68%
BANR	B	0.66%
SBCF	B	0.65%
OUT	A	0.64%
BANF	B	0.63%
RNST	B	0.62%
NBTB	B	0.61%
TRMK	C	0.61%
IBTX	B	0.6%
ROIC	A	0.58%
EVTC	B	0.58%
BANC	B	0.58%
TFIN	B	0.57%
NATL	B	0.56%
PRG	C	0.53%
STC	B	0.53%
OFG	B	0.53%
CASH	B	0.52%
FBK	C	0.51%
MCY	A	0.51%
CHCO	B	0.5%
FCF	B	0.5%
LKFN	C	0.49%
NWBI	B	0.49%
FBNC	B	0.49%
NBHC	C	0.48%
TRUP	B	0.46%
HMN	B	0.44%
HOPE	C	0.43%
VBTX	B	0.42%
DFIN	D	0.42%
CUBI	B	0.42%
STBA	B	0.42%
VRTS	B	0.41%
GTY	A	0.41%
WABC	B	0.4%
HTH	C	0.39%
PEB	D	0.39%
GNL	F	0.38%
SPNT	B	0.38%
VRE	B	0.38%
ELME	D	0.37%
WT	A	0.36%
UNIT	B	0.36%
JBGS	F	0.35%
BHLB	B	0.34%
EIG	B	0.34%
SAFT	B	0.33%
KW	C	0.33%
RC	D	0.31%
NAVI	F	0.31%
DCOM	B	0.31%
PMT	C	0.3%
ARI	C	0.3%
PFBC	B	0.3%
ECPG	C	0.3%
DEA	D	0.3%
BRKL	B	0.29%
AMSF	B	0.29%
EXPI	D	0.29%
EFC	C	0.28%
SBSI	C	0.27%
FBRT	D	0.27%
HCI	C	0.25%
TMP	B	0.25%
MMI	C	0.25%
HFWA	C	0.24%
PRAA	D	0.24%
RWT	D	0.24%
PRA	C	0.23%
EGBN	B	0.23%
BDN	C	0.23%
CFFN	C	0.22%
CPF	B	0.22%
BSIG	A	0.21%
HAFC	B	0.2%
AHH	D	0.19%
INN	D	0.18%
TRST	B	0.18%
KREF	C	0.17%
GDOT	D	0.16%
EZPW	B	0.16%
WSR	A	0.16%
AMBC	C	0.15%
UHT	D	0.14%
UFCS	A	0.14%
SVC	F	0.12%
BFS	C	0.12%
WRLD	C	0.1%

PSCF Underweight 44 Positions Relative to GQRE

Symbol	Grade	Weight
SPG	A	-5.85%
DLR	B	-5.76%
AVB	B	-4.37%
EQR	C	-3.36%
PLD	F	-2.99%
ESS	B	-2.62%
VICI	C	-2.46%
AMT	C	-2.37%
KIM	A	-2.25%
UDR	B	-1.88%
EQIX	A	-1.74%
CPT	B	-1.73%
AMH	C	-1.67%
HST	C	-1.66%
REG	A	-1.59%
LAMR	C	-1.5%
CUBE	C	-1.45%
WELL	A	-1.42%
NNN	C	-1.04%
ADC	A	-1.02%
FR	D	-0.94%
VNO	C	-0.91%
STAG	D	-0.89%
KRG	B	-0.8%
IRM	C	-0.69%
CUZ	B	-0.64%
PSA	C	-0.64%
IRT	A	-0.63%
KRC	B	-0.6%
SBRA	C	-0.57%
EPR	C	-0.45%
NHI	D	-0.45%
WY	F	-0.43%
BNL	D	-0.43%
PK	C	-0.42%
O	C	-0.41%
NSA	C	-0.4%
IVT	A	-0.3%
EQC	B	-0.29%
DBRG	F	-0.28%
PDM	D	-0.26%
ESRT	C	-0.26%
RLJ	C	-0.24%
CCI	C	-0.19%