SPMV vs. PFI ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to PowerShares Dynamic Financial (PFI)

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$46.11

Average Daily Volume

655

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFI

PowerShares Dynamic Financial

PFI Description

The PowerShares Dynamic Financial Sector Portfolio (Fund) is based on the Dynamic Financial Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US financial services companies. These are companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$55.20

Average Daily Volume

4,668

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	PFI
30 Days	-1.11%	-1.32%
60 Days	1.59%	4.08%
90 Days	5.89%	12.12%
12 Months	26.18%	35.79%

5 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in PFI	Overlap
ACGL	F	0.24%	2.09%	0.24%
BRO	A	0.78%	2.61%	0.78%
JPM	B	0.57%	3.6%	0.57%
MMC	D	2.77%	2.47%	2.47%
PGR	D	1.53%	2.13%	1.53%

SPMV Overweight 70 Positions Relative to PFI

Symbol	Grade	Weight
NVDA	B	3.44%
GEV	A	3.27%
TMUS	B	3.25%
CSCO	A	3.24%
AON	A	3.07%
QCOM	D	3.02%
AAPL	C	2.99%
AMZN	A	2.95%
MSFT	D	2.91%
BRK.A	D	2.86%
ABT	A	2.78%
PG	D	2.74%
MDLZ	F	2.66%
CB	D	2.61%
MRK	F	2.58%
AJG	D	2.56%
VRTX	D	2.38%
AVGO	C	2.25%
HD	B	2.18%
ORCL	B	2.03%
ADBE	F	1.94%
AMT	D	1.94%
ZTS	F	1.72%
NEE	D	1.7%
NOW	A	1.63%
VRSK	A	1.57%
GIS	D	1.57%
CRM	A	1.48%
SRE	C	1.39%
DUK	C	1.35%
REGN	F	1.35%
JNJ	D	1.25%
PFE	F	1.13%
HSY	F	1.07%
TRV	B	0.96%
VZ	D	0.95%
AEP	D	0.95%
AEE	B	0.94%
TDY	B	0.92%
MKC	D	0.79%
LLY	F	0.77%
CCI	D	0.73%
RTX	C	0.68%
INTU	D	0.68%
XOM	A	0.67%
GOOG	A	0.56%
IBM	D	0.54%
RSG	D	0.53%
NEM	D	0.52%
SO	C	0.49%
TJX	D	0.48%
ELV	F	0.47%
IDXX	F	0.4%
TSN	D	0.39%
HRL	F	0.38%
BIIB	F	0.35%
META	B	0.34%
AMGN	D	0.34%
ACN	C	0.32%
KHC	F	0.32%
T	B	0.28%
ADM	F	0.27%
AIG	B	0.26%
PCG	B	0.23%
CVS	F	0.22%
XEL	A	0.18%
TRMB	A	0.09%
GILD	A	0.08%
GD	C	0.06%
BA	D	0.05%

SPMV Underweight 35 Positions Relative to PFI

Symbol	Grade	Weight
MA	B	-5.35%
ARES	B	-4.58%
AMP	B	-4.43%
KKR	B	-3.73%
V	A	-3.2%
WAL	D	-2.68%
FCNCA	C	-2.68%
EVR	B	-2.67%
AXP	B	-2.59%
HOOD	B	-2.51%
JEF	B	-2.44%
KNSL	F	-2.42%
COOP	C	-2.35%
AFL	D	-2.29%
WRB	D	-2.19%
ICE	C	-2.11%
PRI	B	-2.06%
SPG	A	-2.05%
HLI	A	-1.91%
PIPR	B	-1.88%
JXN	B	-1.84%
SLG	B	-1.68%
RDFN	C	-1.62%
SFBS	A	-1.6%
HLNE	B	-1.59%
VCTR	B	-1.55%
MTG	D	-1.47%
BGC	A	-1.45%
ENVA	A	-1.38%
ERIE	F	-1.35%
TREE	D	-1.26%
BPOP	F	-1.24%
OFG	C	-1.18%
NMRK	C	-1.12%
UWMC	F	-0.91%