ROE vs. SPLV ETF Comparison

Comparison of Astoria US Quality Kings ETF (ROE) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)

ROE

Astoria US Quality Kings ETF

ROE Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stock principally traded in the U.S. The fund seeks to invest in companies that exhibit robust quality characteristics across sectors, with attractive valuations and dividend paying potential, as determined by the fund"s sub-adviser.

Grade (RS Rating)

Last Trade

$31.78

Average Daily Volume

13,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility Index (Index). The Fund 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 and consists of the 100 stocks from the S&P 500 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 in February, May, August and November.

Grade (RS Rating)

Last Trade

$73.96

Average Daily Volume

1,577,046

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	ROE	SPLV
30 Days	3.50%	2.35%
60 Days	4.18%	3.72%
90 Days	4.70%	6.25%
12 Months	32.06%	23.06%

23 Overlapping Holdings

Symbol	Grade	Weight in ROE	Weight in SPLV	Overlap
ABBV	D	0.84%	0.0%	0.0%
AFL	B	1.01%	0.0%	0.0%
AMP	A	1.2%	0.94%	0.94%
CB	C	0.97%	1.02%	0.97%
CL	D	0.9%	1.23%	0.9%
COR	B	1.05%	0.99%	0.99%
CSCO	B	1.07%	0.0%	0.0%
ETR	B	1.13%	0.0%	0.0%
HIG	B	0.99%	0.91%	0.91%
ITW	B	1.02%	1.09%	1.02%
JNJ	D	0.94%	1.11%	0.94%
KMB	D	0.95%	0.99%	0.95%
LMT	D	0.9%	1.04%	0.9%
MCK	B	1.25%	0.02%	0.02%
MO	A	1.08%	0.94%	0.94%
MSI	B	1.08%	1.08%	1.08%
PM	B	1.07%	0.96%	0.96%
SYY	B	0.98%	0.9%	0.9%
TJX	A	1.0%	1.03%	1.0%
TMUS	B	1.15%	1.17%	1.15%
V	A	1.11%	1.1%	1.1%
VICI	C	0.94%	0.92%	0.92%
YUM	B	0.98%	1.07%	0.98%

ROE Overweight 76 Positions Relative to SPLV

Symbol	Grade	Weight
APP	B	2.26%
APO	B	1.28%
VST	B	1.27%
SYF	B	1.27%
LYV	A	1.21%
CHTR	C	1.17%
NFLX	A	1.16%
EME	C	1.14%
NVDA	C	1.14%
GWW	B	1.11%
PANW	C	1.1%
ORCL	B	1.1%
RPM	A	1.08%
TRV	B	1.08%
TROW	B	1.07%
CAH	B	1.06%
GEN	B	1.06%
SPG	B	1.05%
WRB	A	1.05%
EOG	A	1.05%
GOOGL	C	1.05%
APH	A	1.04%
ALL	A	1.03%
URI	B	1.03%
NRG	B	1.03%
DPZ	C	1.02%
HD	A	1.02%
ACN	C	1.02%
CMCSA	B	1.02%
DOV	A	1.02%
JBL	B	1.01%
LOW	D	1.01%
VLO	C	1.0%
PGR	A	0.99%
TXN	C	0.99%
CTSH	B	0.99%
CSL	C	0.98%
TGT	F	0.98%
AAPL	C	0.98%
CAT	B	0.98%
META	D	0.97%
QCOM	F	0.96%
NTAP	C	0.96%
MSFT	F	0.95%
RMD	C	0.95%
EG	C	0.95%
OMC	C	0.94%
ANET	C	0.94%
IBM	C	0.93%
ON	D	0.93%
ADBE	C	0.93%
VZ	C	0.93%
NXPI	D	0.92%
EBAY	D	0.92%
DVN	F	0.92%
SBAC	D	0.91%
THC	D	0.91%
ROST	C	0.91%
ZTS	D	0.89%
GEHC	F	0.88%
PHM	D	0.88%
WSM	B	0.86%
A	D	0.86%
AMAT	F	0.85%
LRCX	F	0.83%
MCHP	D	0.83%
SWKS	F	0.83%
DHI	D	0.82%
MRK	F	0.82%
KLAC	D	0.79%
LLY	F	0.78%
CDW	F	0.78%
TER	D	0.78%
FSLR	F	0.77%
MPWR	F	0.64%
CE	F	0.54%

ROE Underweight 91 Positions Relative to SPLV

Symbol	Grade	Weight
KO	D	-1.37%
BRK.A	B	-1.31%
PG	A	-1.22%
RSG	A	-1.22%
ATO	A	-1.21%
MMC	B	-1.17%
L	A	-1.15%
MA	C	-1.13%
ADP	B	-1.11%
HON	B	-1.11%
NI	A	-1.09%
PPL	B	-1.09%
FI	A	-1.08%
LIN	D	-1.08%
CHD	B	-1.07%
KMI	A	-1.07%
BSX	B	-1.07%
DUK	C	-1.07%
ICE	C	-1.06%
FE	C	-1.05%
LNT	A	-1.05%
PEP	F	-1.04%
CME	A	-1.04%
EA	A	-1.03%
CMS	C	-1.03%
GD	F	-1.03%
PEG	A	-1.03%
SRE	A	-1.02%
EVRG	A	-1.02%
SPGI	C	-1.01%
MDLZ	F	-1.0%
WTW	B	-1.0%
SO	D	-1.0%
ED	D	-1.0%
OKE	A	-0.99%
RTX	C	-0.99%
BK	A	-0.99%
ABT	B	-0.98%
BR	A	-0.98%
WMB	A	-0.98%
ROP	B	-0.98%
KDP	D	-0.97%
MCD	D	-0.97%
WM	A	-0.97%
SYK	C	-0.97%
WEC	A	-0.97%
EIX	B	-0.96%
HOLX	D	-0.96%
STZ	D	-0.95%
OTIS	C	-0.94%
AJG	B	-0.94%
CTAS	B	-0.94%
WELL	A	-0.94%
HLT	A	-0.94%
O	D	-0.93%
NDAQ	A	-0.93%
CVX	A	-0.93%
VRSN	F	-0.93%
PPG	F	-0.93%
AVB	B	-0.92%
REG	B	-0.92%
NOC	D	-0.92%
WMT	A	-0.92%
MDT	D	-0.92%
AVY	D	-0.92%
BRO	B	-0.92%
PCG	A	-0.92%
AEP	D	-0.91%
ECL	D	-0.91%
ORLY	B	-0.91%
UNP	C	-0.91%
LYB	F	-0.9%
PNW	B	-0.9%
LHX	C	-0.9%
DTE	C	-0.9%
PKG	A	-0.89%
FRT	B	-0.89%
JKHY	D	-0.89%
GIS	D	-0.88%
PAYX	C	-0.87%
CSX	B	-0.85%
LDOS	C	-0.73%
COST	B	-0.02%
JPM	A	-0.01%
MET	A	-0.0%
CBOE	B	-0.0%
PRU	A	-0.0%
AIG	B	-0.0%
AME	A	-0.0%
DRI	B	-0.0%
DGX	A	-0.0%