SPHB vs. QUAL ETF Comparison

Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to iShares MSCI USA Quality Factor ETF (QUAL)

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta 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 highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$92.68

Average Daily Volume

223,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.63

Average Daily Volume

890,900

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	SPHB	QUAL
30 Days	2.29%	0.39%
60 Days	4.40%	2.37%
90 Days	5.67%	2.96%
12 Months	28.40%	30.38%

25 Overlapping Holdings

Symbol	Grade	Weight in SPHB	Weight in QUAL	Overlap
ADBE	C	0.8%	1.76%	0.8%
AMAT	F	1.22%	1.17%	1.17%
ANET	C	1.36%	0.73%	0.73%
APH	A	0.85%	0.5%	0.5%
CDNS	B	1.18%	0.58%	0.58%
DECK	A	0.92%	0.49%	0.49%
DHI	F	0.71%	0.7%	0.7%
ENPH	F	0.69%	0.06%	0.06%
GOOG	C	0.84%	1.55%	0.84%
IDXX	F	0.69%	0.3%	0.3%
KEYS	A	0.92%	0.15%	0.15%
KLAC	F	1.09%	0.77%	0.77%
LRCX	F	1.21%	0.73%	0.73%
LULU	C	0.96%	0.66%	0.66%
META	D	1.21%	4.09%	1.21%
MPWR	F	1.1%	0.18%	0.18%
NVDA	B	2.08%	6.93%	2.08%
PHM	D	0.85%	0.43%	0.43%
QCOM	F	1.07%	1.15%	1.07%
RMD	C	0.76%	0.17%	0.17%
ROK	C	0.86%	0.22%	0.22%
SMCI	F	0.81%	0.06%	0.06%
SNPS	B	1.11%	0.51%	0.51%
TROW	B	0.82%	0.19%	0.19%
TXN	C	0.76%	1.34%	0.76%

SPHB Overweight 72 Positions Relative to QUAL

Symbol	Grade	Weight
TSLA	B	1.93%
NCLH	B	1.63%
CCL	A	1.63%
CRWD	B	1.6%
UAL	A	1.57%
AVGO	D	1.56%
AMD	F	1.52%
ALB	B	1.51%
VST	A	1.4%
BLDR	D	1.39%
GNRC	C	1.37%
RCL	A	1.25%
CZR	F	1.25%
URI	C	1.25%
BX	A	1.22%
MU	D	1.2%
TER	F	1.18%
ORCL	A	1.17%
KKR	A	1.17%
PWR	A	1.16%
DAY	B	1.16%
ON	D	1.15%
NOW	A	1.12%
CRM	B	1.1%
AMZN	C	1.09%
JBL	C	1.09%
ETN	A	1.07%
PYPL	B	1.07%
ADSK	A	1.06%
PANW	B	1.04%
ALGN	D	1.03%
WDC	D	1.03%
BKNG	A	1.02%
ABNB	C	1.02%
PODD	C	1.02%
CEG	C	1.01%
FICO	B	1.0%
BXP	C	1.0%
PH	A	0.99%
LW	C	0.99%
INTC	C	0.99%
NXPI	D	0.98%
ZBRA	B	0.97%
HUBB	B	0.97%
UBER	F	0.95%
CARR	C	0.95%
MCHP	F	0.93%
KEY	B	0.92%
INTU	B	0.92%
ISRG	A	0.89%
WBD	B	0.88%
ADI	D	0.85%
ANSS	B	0.84%
FSLR	F	0.83%
FCX	F	0.81%
EPAM	B	0.8%
IVZ	B	0.8%
CPRT	B	0.79%
KMX	B	0.79%
GE	D	0.78%
CRL	D	0.77%
MHK	D	0.76%
SWKS	F	0.76%
ARE	F	0.75%
MGM	D	0.75%
LEN	D	0.75%
EFX	F	0.73%
MLM	C	0.73%
IQV	F	0.62%
AES	F	0.61%
APTV	F	0.58%
QRVO	F	0.56%

SPHB Underweight 98 Positions Relative to QUAL

Symbol	Grade	Weight
AAPL	C	-5.44%
MSFT	D	-4.5%
V	A	-4.5%
MA	B	-4.22%
LLY	F	-3.42%
UNH	B	-2.81%
COST	A	-2.55%
JNJ	C	-2.15%
TJX	A	-2.03%
GOOGL	C	-1.77%
NFLX	A	-1.76%
ADP	A	-1.75%
CSCO	B	-1.74%
COP	C	-1.73%
ACN	B	-1.67%
KO	D	-1.43%
NKE	F	-1.41%
CAT	B	-1.4%
CMG	B	-1.26%
LIN	C	-1.14%
PEP	F	-1.1%
LMT	D	-1.08%
BLK	B	-0.99%
SRE	A	-0.93%
SLB	C	-0.89%
MMC	B	-0.74%
ITW	B	-0.73%
PLD	F	-0.71%
PEG	A	-0.69%
VRTX	D	-0.62%
CTAS	B	-0.6%
GWW	B	-0.59%
TPL	A	-0.58%
SHW	B	-0.57%
PSA	C	-0.55%
MCO	B	-0.53%
CME	B	-0.52%
NVR	D	-0.52%
ZTS	D	-0.51%
ED	C	-0.5%
MMM	D	-0.5%
PAYX	B	-0.49%
GRMN	B	-0.48%
TSCO	D	-0.43%
AFL	B	-0.42%
FAST	B	-0.42%
ATO	A	-0.4%
APD	A	-0.35%
CBRE	B	-0.35%
ODFL	C	-0.34%
AMP	A	-0.33%
ULTA	F	-0.31%
WSM	C	-0.29%
BBY	D	-0.29%
FERG	B	-0.28%
ACGL	C	-0.26%
CSGP	D	-0.26%
AVB	B	-0.24%
EW	C	-0.24%
POOL	C	-0.22%
EQT	B	-0.22%
VLTO	C	-0.21%
MNST	C	-0.21%
NTAP	C	-0.21%
MANH	D	-0.2%
EA	A	-0.2%
A	D	-0.2%
APA	D	-0.19%
EQR	C	-0.18%
EME	A	-0.17%
LPLA	A	-0.17%
VEEV	C	-0.16%
PPG	F	-0.15%
HSY	F	-0.15%
CBOE	C	-0.14%
WAT	C	-0.13%
ROL	B	-0.12%
WSO	A	-0.12%
WST	C	-0.12%
FDS	B	-0.12%
EXPD	C	-0.12%
GGG	B	-0.11%
OMC	C	-0.1%
PKG	A	-0.1%
ERIE	D	-0.09%
RS	B	-0.09%
MOH	F	-0.09%
JKHY	D	-0.09%
AVY	F	-0.08%
PAYC	B	-0.08%
UTHR	C	-0.08%
SEIC	B	-0.07%
MKTX	D	-0.07%
AOS	F	-0.06%
AFG	A	-0.06%
SOLV	D	-0.05%
IPG	D	-0.05%
WBA	F	-0.03%