SMMV vs. XMLV ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$36.29

Average Daily Volume

143,580

Number of Holdings ^*

300

* 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

$54.67

Average Daily Volume

49,094

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	XMLV
30 Days	-2.60%	-2.71%
60 Days	-0.55%	1.59%
90 Days	2.00%	4.05%
12 Months	6.62%	7.55%

46 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in XMLV	Overlap
ADC	B	1.3%	1.39%	1.3%
AM	A	0.74%	1.38%	0.74%
ATR	B	1.15%	1.55%	1.15%
AVT	A	0.63%	1.18%	0.63%
BJ	A	0.86%	1.25%	0.86%
BWXT	C	0.67%	1.41%	0.67%
CACI	A	0.76%	1.45%	0.76%
CASY	A	0.45%	1.36%	0.45%
CHE	D	1.5%	1.35%	1.35%
CHH	D	0.1%	1.05%	0.1%
CVLT	B	0.95%	1.17%	0.95%
CW	A	0.1%	1.44%	0.1%
DCI	A	0.06%	1.4%	0.06%
DLB	D	1.11%	1.12%	1.11%
DTM	A	0.27%	1.49%	0.27%
EHC	A	0.92%	1.25%	0.92%
FLO	A	1.17%	1.29%	1.17%
GHC	C	0.59%	1.21%	0.59%
GNTX	C	0.66%	1.15%	0.66%
HLI	C	0.38%	1.11%	0.38%
IDA	A	1.12%	1.41%	1.12%
INGR	C	0.53%	1.4%	0.53%
KBR	A	0.51%	1.27%	0.51%
LSTR	D	1.4%	1.09%	1.09%
MDU	A	1.12%	1.62%	1.12%
MSM	D	0.74%	1.24%	0.74%
MUSA	A	1.61%	1.33%	1.33%
NEU	D	0.99%	1.18%	0.99%
NJR	A	0.25%	1.34%	0.25%
NWE	A	0.73%	1.37%	0.73%
OGE	A	0.32%	1.36%	0.32%
OGS	B	0.37%	1.25%	0.37%
OHI	B	0.43%	1.19%	0.43%
ORI	A	1.5%	1.46%	1.46%
PNM	D	0.7%	1.86%	0.7%
POR	A	0.53%	1.26%	0.53%
POST	B	0.88%	1.42%	0.88%
RGA	A	0.48%	1.19%	0.48%
SAIC	C	0.74%	1.12%	0.74%
SIGI	D	1.21%	1.27%	1.21%
SON	C	0.57%	1.18%	0.57%
SR	A	0.07%	1.27%	0.07%
THG	D	0.93%	1.16%	0.93%
TXRH	A	0.46%	1.46%	0.46%
WEN	A	0.68%	1.32%	0.68%
WERN	F	0.51%	0.94%	0.51%

SMMV Overweight 254 Positions Relative to XMLV

Symbol	Grade	Weight
RGLD	A	1.5%
RLI	C	1.21%
EXEL	A	1.18%
AXS	D	1.09%
WTM	B	1.04%
ENSG	D	1.03%
NSIT	D	1.0%
SFM	A	0.97%
RNR	D	0.91%
ALKS	D	0.89%
PBH	C	0.83%
LOPE	C	0.8%
PSN	C	0.78%
ESGR	C	0.77%
FCN	A	0.72%
PAGP	A	0.72%
MSGS	B	0.68%
CCOI	D	0.67%
TKO	A	0.66%
HQY	C	0.65%
AVA	A	0.63%
TGNA	F	0.62%
MGRC	C	0.62%
BRC	A	0.62%
CALM	B	0.59%
PINC	D	0.59%
RYAN	D	0.58%
HESM	D	0.57%
PNW	A	0.57%
CWST	D	0.54%
PDCO	D	0.53%
LANC	D	0.53%
MMS	D	0.51%
GO	F	0.5%
JJSF	F	0.5%
VRRM	A	0.48%
EQC	F	0.48%
PJT	C	0.46%
PRGS	F	0.46%
LAUR	A	0.45%
IONS	D	0.44%
IDCC	C	0.43%
INSW	A	0.43%
HURN	D	0.42%
FCFS	B	0.42%
REYN	C	0.42%
MGEE	A	0.41%
LLYVK	D	0.41%
XENE	D	0.41%
HCC	A	0.4%
SCI	C	0.4%
BATRK	C	0.39%
PCVX	D	0.38%
VVV	C	0.37%
MCY	B	0.37%
CHCO	A	0.37%
OPCH	D	0.36%
HMN	A	0.36%
ADUS	D	0.36%
STRA	A	0.36%
NTCT	D	0.34%
ASH	A	0.34%
HRB	D	0.34%
LRN	B	0.33%
PRGO	A	0.32%
CSWI	A	0.32%
LPG	A	0.32%
IDYA	C	0.32%
UNF	D	0.32%
ODP	C	0.31%
VSH	C	0.31%
SJW	F	0.31%
ROG	C	0.31%
NHC	C	0.3%
WABC	B	0.3%
SLGN	B	0.29%
SAFT	D	0.29%
CWT	C	0.29%
COLL	C	0.29%
EIG	C	0.28%
PRDO	A	0.28%
THS	F	0.28%
HWKN	B	0.27%
NTST	C	0.27%
IRWD	F	0.27%
VIRT	A	0.26%
SNDR	F	0.26%
WMK	B	0.26%
DRS	C	0.26%
WINA	D	0.26%
UNM	C	0.26%
CRAI	A	0.25%
KRP	A	0.25%
AMED	D	0.24%
XNCR	D	0.24%
IMKTA	F	0.24%
GTY	B	0.24%
MRTN	D	0.24%
SPNT	C	0.24%
AMSF	F	0.23%
PEBO	A	0.23%
ITCI	B	0.23%
EME	A	0.22%
OSIS	B	0.22%
INVA	B	0.21%
GPK	A	0.21%
JBSS	D	0.21%
RARE	C	0.21%
OSW	C	0.21%
AWR	D	0.21%
VIAV	F	0.21%
BBSI	B	0.2%
RGR	B	0.2%
ARW	A	0.2%
CRVL	C	0.2%
REX	A	0.19%
SRPT	B	0.19%
CTRE	A	0.19%
CRNX	B	0.19%
COLD	F	0.18%
LLYVA	D	0.18%
CNXN	C	0.18%
CCCS	C	0.18%
AGX	A	0.18%
NYT	D	0.17%
SUPN	C	0.17%
PARR	D	0.17%
PRA	B	0.17%
DVAX	F	0.17%
MIRM	D	0.17%
ARCH	B	0.17%
CORT	D	0.16%
CBZ	D	0.16%
SHEN	F	0.16%
SPTN	F	0.16%
USLM	A	0.16%
CSGS	F	0.16%
BFC	D	0.16%
VREX	F	0.16%
CWAN	F	0.15%
HSTM	C	0.15%
CPK	A	0.15%
CTBI	A	0.15%
PBF	A	0.15%
KFRC	C	0.15%
VVX	A	0.14%
BLKB	B	0.14%
CLW	B	0.14%
ACHC	D	0.14%
SMP	D	0.14%
KNTK	A	0.14%
ICFI	C	0.13%
USPH	C	0.13%
OLLI	D	0.13%
UVE	B	0.13%
HCKT	D	0.13%
HUBG	D	0.13%
IRDM	B	0.12%
CIEN	D	0.12%
GTX	B	0.12%
KRYS	D	0.12%
IMXI	B	0.12%
HTLD	F	0.12%
FTRE	D	0.12%
KNSA	C	0.12%
CNX	A	0.12%
EBF	D	0.12%
NRC	F	0.12%
YORW	C	0.12%
GSBC	A	0.12%
IDT	D	0.12%
PECO	D	0.12%
AMPH	D	0.12%
DHIL	C	0.11%
WT	B	0.11%
LTC	A	0.11%
CASS	D	0.11%
FRPH	B	0.11%
KNF	A	0.11%
FMNB	D	0.11%
DX	C	0.11%
ACLX	D	0.11%
FPI	D	0.11%
SKWD	D	0.11%
ATGE	B	0.1%
SCHL	D	0.1%
KN	B	0.1%
SMPL	C	0.1%
ATEX	D	0.1%
DJCO	C	0.1%
THFF	B	0.1%
NPK	A	0.1%
TIPT	F	0.09%
GPOR	A	0.09%
INSM	F	0.09%
RXO	F	0.09%
CCBG	D	0.09%
HONE	B	0.09%
TARS	D	0.09%
MLTX	F	0.09%
TBPH	B	0.09%
CRC	A	0.09%
AMN	D	0.09%
HALO	D	0.09%
UFPT	D	0.09%
TR	F	0.08%
SPFI	B	0.08%
PLXS	A	0.08%
JRVR	F	0.08%
QDEL	F	0.08%
LYTS	B	0.08%
ADMA	A	0.08%
DCPH	C	0.07%
BATRA	D	0.07%
CEIX	B	0.07%
UTZ	B	0.07%
SEB	D	0.07%
VRDN	F	0.07%
VNOM	A	0.07%
BRBR	C	0.07%
SENEA	A	0.07%
ATNI	F	0.07%
DK	B	0.07%
DORM	C	0.07%
USM	B	0.07%
MODN	B	0.07%
MCS	F	0.07%
BHE	A	0.06%
RMR	C	0.06%
SWX	A	0.06%
MYE	A	0.06%
ZYME	F	0.06%
STEL	F	0.06%
PCRX	F	0.06%
BMEA	F	0.06%
ITOS	F	0.06%
PX	F	0.06%
ARKO	D	0.06%
FOLD	F	0.05%
NBTB	B	0.05%
ADEA	D	0.05%
IRON	F	0.05%
CRUS	C	0.05%
ACEL	B	0.05%
NTGR	C	0.05%
UFCS	D	0.05%
KELYA	D	0.05%
MITK	B	0.05%
CTS	B	0.05%
DGICA	F	0.05%
TH	B	0.04%
CCRN	F	0.04%
ASLE	F	0.02%
IRBT	F	0.01%

SMMV Underweight 33 Positions Relative to XMLV

Symbol	Grade	Weight
SEIC	C	-1.6%
NFG	A	-1.42%
SNX	A	-1.41%
NNN	C	-1.41%
GLPI	F	-1.37%
ACM	A	-1.33%
AIRC	A	-1.32%
MTG	B	-1.29%
USFD	C	-1.25%
GATX	D	-1.21%
WTRG	B	-1.2%
AFG	D	-1.19%
RS	D	-1.19%
ESNT	C	-1.17%
ALE	A	-1.17%
LECO	D	-1.15%
BKH	A	-1.15%
COLM	B	-1.14%
STAG	D	-1.13%
FHI	F	-1.11%
FR	D	-1.09%
NBIX	C	-1.08%
EGP	F	-1.08%
PFGC	D	-1.08%
WPC	F	-1.07%
ELS	F	-1.07%
BRX	C	-1.05%
EPR	D	-1.05%
FNF	C	-1.05%
PCH	F	-1.04%
PRI	D	-0.99%
G	F	-0.97%
WH	D	-0.96%