QVAL vs. XSHD ETF Comparison

Comparison of ValueShares U.S. Quantitative Value ETF (QVAL) to PowerShares S&P SmallCap High Dividend Low Volatility Portfolio (XSHD)

QVAL

ValueShares U.S. Quantitative Value ETF

QVAL Description

The investment seeks long-term capital appreciation. The fund is an actively managed ETF. Under normal circumstances, it seeks to achieve its investment objective by investing primarily in U.S. equity securities that the Adviser believes, based on quantitative analysis, are undervalued at the time of purchase and have the potential for capital appreciation. The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of U.S. companies. It will invest primarily in the exchange-listed common stock of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$42.86

Average Daily Volume

23,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSHD

PowerShares S&P SmallCap High Dividend Low Volatility Portfolio

XSHD Description

The PowerShares S&P SmallCap High Dividend Low Volatility Portfolio is based on the S&P SmallCap 600 Low Volatility High Dividend Index. The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 60 securities in the S&P SmallCap 600 Index that have historically provided high dividend yields with lower 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 semi-annually on the last business day in January and July.

Grade (RS Rating)

Last Trade

$14.61

Average Daily Volume

26,816

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QVAL	XSHD
30 Days	-5.15%	-4.53%
60 Days	1.02%	-3.46%
90 Days	4.06%	-6.68%
12 Months	32.96%	-2.65%

2 Overlapping Holdings

	Symbol	Grade	Weight in QVAL	Weight in XSHD	Overlap
	CRC	D	2.07%	0.79%	0.79%
	CVI	F	1.9%	2.44%	1.9%

QVAL Overweight 47 Positions Relative to XSHD

Symbol	Grade	Weight
SNX	A	2.25%
LBRT	B	2.25%
DAL	A	2.15%
BG	B	2.15%
WFRD	B	2.15%
ELV	A	2.12%
SIG	D	2.11%
OMC	A	2.08%
AMR	D	2.08%
ARCH	D	2.07%
ARW	B	2.06%
INSW	A	2.05%
CCK	B	2.05%
MUSA	B	2.05%
PSX	D	2.04%
SM	B	2.04%
ALSN	D	2.04%
MO	A	2.02%
OC	A	2.02%
HAL	D	2.02%
AGCO	D	2.02%
SKX	A	2.0%
T	B	2.0%
VLO	B	2.0%
TPH	A	1.99%
TEX	D	1.99%
CSCO	D	1.98%
IPG	F	1.98%
UTHR	A	1.98%
THC	A	1.95%
PHM	B	1.95%
UFPI	D	1.94%
CEIX	F	1.94%
GPK	D	1.93%
CMCSA	F	1.92%
SNA	D	1.9%
CTSH	D	1.9%
LEA	F	1.9%
TOL	B	1.9%
HPQ	D	1.9%
APA	F	1.89%
TMHC	C	1.88%
BBY	D	1.86%
DHI	D	1.84%
MOH	F	1.81%
CROX	D	1.8%
CRI	F	1.79%

QVAL Underweight 51 Positions Relative to XSHD

Symbol	Grade	Weight
HIW	A	-3.52%
OGN	A	-3.06%
ARI	D	-2.98%
EFC	B	-2.91%
RC	B	-2.91%
BXMT	D	-2.8%
CALM	D	-2.71%
SVC	F	-2.63%
IIPR	A	-2.59%
GNL	D	-2.57%
DEA	B	-2.49%
KREF	D	-2.44%
VGR	D	-2.36%
KW	B	-2.07%
DLX	B	-1.96%
AVA	A	-1.88%
CWEN	A	-1.86%
CBRL	F	-1.84%
NUS	F	-1.84%
NOG	B	-1.77%
AROC	B	-1.72%
NWN	A	-1.7%
MED	F	-1.67%
XRX	F	-1.57%
MOV	D	-1.47%
CCOI	D	-1.46%
ETD	D	-1.46%
UVV	A	-1.42%
TRN	A	-1.42%
DIN	F	-1.38%
PINC	D	-1.24%
ENR	B	-1.17%
SXC	D	-1.15%
MYE	A	-1.12%
HP	D	-1.1%
RGP	F	-1.1%
SPTN	F	-1.1%
HNI	C	-1.1%
UTL	B	-1.1%
KMT	F	-1.05%
SXT	A	-1.02%
FDP	A	-1.01%
BHE	A	-0.95%
SLVM	A	-0.93%
NHC	C	-0.8%
SEM	C	-0.79%
CPK	A	-0.76%
SJW	D	-0.71%
SEE	D	-0.67%
CMP	F	-0.5%
ATNI	F	-0.42%