SPMV vs. PFM ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to PowerShares Dividend Achievers (PFM)
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

$47.62

Average Daily Volume

711

Number of Holdings *

75

* may have additional holdings in another (foreign) market
PFM

PowerShares Dividend Achievers

PFM Description The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.68

Average Daily Volume

24,412

Number of Holdings *

416

* may have additional holdings in another (foreign) market
Performance
Period SPMV PFM
30 Days 1.14% 2.19%
60 Days 2.01% 2.87%
90 Days 4.46% 5.56%
12 Months 26.03% 26.89%
44 Overlapping Holdings
Symbol Grade Weight in SPMV Weight in PFM Overlap
AAPL C 2.9% 3.9% 2.9%
ABT B 2.84% 0.88% 0.88%
ACN C 0.31% 0.95% 0.31%
ADM D 0.26% 0.11% 0.11%
AEE A 1.02% 0.11% 0.11%
AEP D 0.95% 0.22% 0.22%
AJG B 2.7% 0.28% 0.28%
AMGN D 0.32% 0.65% 0.32%
AMT D 1.83% 0.4% 0.4%
AON A 3.14% 0.36% 0.36%
AVGO D 2.03% 3.32% 2.03%
BRO B 0.81% 0.13% 0.13%
CB C 2.56% 0.5% 0.5%
CSCO B 3.31% 1.0% 1.0%
DUK C 1.34% 0.38% 0.38%
ELV F 0.45% 0.4% 0.4%
GD F 0.06% 0.34% 0.06%
HD A 2.25% 1.76% 1.76%
HRL D 0.38% 0.07% 0.07%
HSY F 1.03% 0.11% 0.11%
IBM C 0.56% 0.83% 0.56%
INTU C 0.74% 0.82% 0.74%
JNJ D 1.2% 1.61% 1.2%
JPM A 0.62% 3.01% 0.62%
MDLZ F 2.46% 0.37% 0.37%
MKC D 0.78% 0.08% 0.08%
MMC B 2.77% 0.48% 0.48%
MRK F 2.46% 1.06% 1.06%
MSFT F 2.76% 3.91% 2.76%
NEE D 1.63% 0.68% 0.68%
ORCL B 2.23% 2.21% 2.21%
PFE D 0.99% 0.61% 0.61%
PG A 2.81% 1.73% 1.73%
QCOM F 2.64% 0.79% 0.79%
RSG A 0.55% 0.28% 0.28%
RTX C 0.66% 0.69% 0.66%
SO D 0.47% 0.42% 0.42%
SRE A 1.56% 0.25% 0.25%
TRV B 1.0% 0.26% 0.26%
TSN B 0.42% 0.08% 0.08%
VZ C 0.97% 0.77% 0.77%
XEL A 0.2% 0.17% 0.17%
XOM B 0.69% 2.31% 0.69%
ZTS D 1.66% 0.35% 0.35%
SPMV Overweight 31 Positions Relative to PFM
Symbol Grade Weight
GEV B 3.69%
NVDA C 3.53%
TMUS B 3.37%
AMZN C 3.04%
BRK.A B 2.95%
VRTX F 2.25%
ADBE C 2.01%
NOW A 1.77%
VRSK A 1.7%
CRM B 1.66%
PGR A 1.65%
GIS D 1.47%
REGN F 1.07%
TDY B 0.96%
CCI D 0.7%
LLY F 0.63%
GOOG C 0.55%
TJX A 0.5%
NEM D 0.47%
IDXX F 0.37%
META D 0.32%
BIIB F 0.3%
T A 0.29%
KHC F 0.28%
AIG B 0.25%
PCG A 0.24%
ACGL D 0.22%
CVS D 0.22%
TRMB B 0.1%
GILD C 0.09%
BA F 0.05%
SPMV Underweight 372 Positions Relative to PFM
Symbol Grade Weight
WMT A -2.92%
UNH C -2.35%
V A -2.25%
MA C -2.06%
COST B -1.76%
BAC A -1.56%
ABBV D -1.27%
CVX A -1.27%
KO D -1.15%
MS A -0.94%
PEP F -0.94%
LIN D -0.93%
MCD D -0.9%
PM B -0.88%
TXN C -0.82%
CAT B -0.81%
GS A -0.8%
DHR F -0.72%
CMCSA B -0.72%
SPGI C -0.68%
BLK C -0.67%
LOW D -0.66%
SYK C -0.64%
HON B -0.64%
ETN A -0.62%
UNP C -0.62%
LMT D -0.55%
ADP B -0.53%
BMY B -0.5%
SBUX A -0.49%
MDT D -0.48%
PLD D -0.46%
ADI D -0.45%
UPS C -0.43%
SHW A -0.41%
MO A -0.41%
TT A -0.4%
NKE D -0.39%
ICE C -0.39%
CTAS B -0.38%
WM A -0.38%
APH A -0.37%
MCO B -0.37%
KLAC D -0.36%
ITW B -0.35%
MSI B -0.35%
CME A -0.35%
PNC B -0.35%
USB A -0.34%
MCK B -0.34%
CL D -0.33%
APD A -0.32%
EMR A -0.32%
NOC D -0.31%
MMM D -0.31%
TGT F -0.31%
ECL D -0.3%
CSX B -0.29%
EPD A -0.29%
BDX F -0.28%
TFC A -0.27%
AFL B -0.27%
ROP B -0.26%
GWW B -0.25%
BK A -0.25%
MET A -0.25%
PSX C -0.24%
AMP A -0.24%
ALL A -0.23%
PAYX C -0.22%
COR B -0.21%
MPLX A -0.21%
O D -0.21%
CMI A -0.21%
KMB D -0.2%
PRU A -0.2%
LHX C -0.2%
NDAQ A -0.2%
FAST B -0.2%
DFS B -0.19%
PEG A -0.19%
KR B -0.18%
GLW B -0.17%
HPQ B -0.16%
A D -0.16%
VMC B -0.16%
SYY B -0.16%
RJF A -0.15%
HIG B -0.15%
EXR D -0.15%
MCHP D -0.15%
RMD C -0.15%
NUE C -0.15%
FITB A -0.14%
ROK B -0.14%
EIX B -0.14%
HUM C -0.14%
ED D -0.14%
CAH B -0.13%
TSCO D -0.13%
XYL D -0.13%
WEC A -0.13%
BR A -0.12%
CHD B -0.12%
LYB F -0.12%
DOV A -0.12%
PPG F -0.12%
STT A -0.12%
DTE C -0.11%
AWK D -0.11%
TROW B -0.11%
ES D -0.1%
WST C -0.1%
ATO A -0.1%
WRB A -0.1%
CINF A -0.1%
HUBB B -0.1%
CDW F -0.1%
RF A -0.1%
CSL C -0.09%
PFG D -0.09%
CMS C -0.09%
CLX B -0.09%
PKG A -0.09%
STE F -0.09%
CBOE B -0.09%
STLD B -0.09%
LII A -0.09%
RPM A -0.08%
KEY B -0.08%
DGX A -0.08%
BAH F -0.08%
ARE D -0.08%
FDS B -0.08%
WSO A -0.08%
MAA B -0.08%
SNA A -0.08%
JBHT C -0.08%
ERIE D -0.08%
BBY D -0.08%
ESS B -0.08%
GGG B -0.07%
RGA A -0.07%
DPZ C -0.07%
LNT A -0.07%
AVY D -0.07%
FIX A -0.07%
WLK D -0.07%
NI A -0.07%
FNF B -0.07%
WSM B -0.07%
MAS D -0.07%
RS B -0.07%
EXPD D -0.07%
IEX B -0.07%
GPC D -0.07%
CHRW C -0.06%
ELS C -0.06%
SWK D -0.06%
UNM A -0.06%
REG B -0.06%
POOL C -0.06%
RNR C -0.06%
MORN B -0.06%
NDSN B -0.06%
UDR B -0.06%
EVRG A -0.06%
HEI B -0.06%
CASY A -0.06%
SEIC B -0.05%
WTRG B -0.05%
CUBE D -0.05%
ATR B -0.05%
EVR B -0.05%
BEN C -0.05%
RRX B -0.05%
AIZ A -0.05%
AFG A -0.05%
SJM D -0.05%
LECO B -0.05%
EMN D -0.05%
ALB C -0.05%
ITT A -0.05%
SCI B -0.05%
JKHY D -0.05%
ENSG D -0.04%
EGP F -0.04%
CHE D -0.04%
TTC D -0.04%
OGE B -0.04%
ZION B -0.04%
AOS F -0.04%
WTFC A -0.04%
CFR B -0.04%
INGR B -0.04%
DCI B -0.04%
REXR F -0.04%
CBSH A -0.04%
RGLD C -0.04%
AES F -0.04%
ORI A -0.04%
GL B -0.04%
MKTX D -0.04%
LAD A -0.04%
AIT A -0.04%
CHDN B -0.04%
PRI A -0.04%
PNW B -0.04%
IPG D -0.04%
THG A -0.03%
TRNO F -0.03%
THO B -0.03%
FFIN B -0.03%
UMBF B -0.03%
SIGI C -0.03%
LFUS F -0.03%
IDA A -0.03%
CBT C -0.03%
HOMB A -0.03%
BMI B -0.03%
STAG F -0.03%
MSA D -0.03%
FAF A -0.03%
CADE B -0.03%
FR C -0.03%
AGCO D -0.03%
R B -0.03%
OSK B -0.03%
AXS A -0.03%
WBA F -0.03%
BOKF B -0.03%
SSD D -0.03%
ADC B -0.03%
RHI B -0.03%
HII D -0.03%
NNN D -0.03%
PB A -0.03%
SSB B -0.03%
UFPI B -0.03%
RLI B -0.03%
WSFS A -0.02%
CBU B -0.02%
PRGO B -0.02%
SR A -0.02%
PII D -0.02%
MGEE C -0.02%
GFF A -0.02%
AUB B -0.02%
MDU D -0.02%
CCOI B -0.02%
WDFC B -0.02%
ASH D -0.02%
BANF B -0.02%
ASB B -0.02%
FUL F -0.02%
CNO A -0.02%
BKH A -0.02%
IBOC A -0.02%
AVNT B -0.02%
FLO D -0.02%
POR C -0.02%
KAI A -0.02%
NJR A -0.02%
AVT C -0.02%
EXPO D -0.02%
FELE B -0.02%
LANC C -0.02%
SON D -0.02%
CNS B -0.02%
NXST C -0.02%
AGO B -0.02%
UGI A -0.02%
TKR D -0.02%
MATX C -0.02%
AL B -0.02%
GATX A -0.02%
DDS B -0.02%
OZK B -0.02%
BC C -0.02%
SWX B -0.02%
UBSI B -0.02%
BCPC B -0.02%
WTS B -0.02%
NFG A -0.02%
SLGN A -0.02%
MSEX B -0.01%
GABC B -0.01%
TR B -0.01%
UVV B -0.01%
LNN B -0.01%
WABC B -0.01%
NWN A -0.01%
CSGS B -0.01%
TCBK B -0.01%
STBA B -0.01%
SRCE B -0.01%
ANDE D -0.01%
TNC D -0.01%
HMN B -0.01%
DKL C -0.01%
SCL C -0.01%
GTY B -0.01%
SJW D -0.01%
APOG B -0.01%
LKFN B -0.01%
NHC C -0.01%
CHCO B -0.01%
AGM C -0.01%
WOR F -0.01%
WSBC A -0.01%
SYBT B -0.01%
HI C -0.01%
NBTB B -0.01%
LMAT A -0.01%
MTRN C -0.01%
SXI B -0.01%
HNI B -0.01%
FRME B -0.01%
TOWN B -0.01%
HWKN B -0.01%
NSP D -0.01%
ABR C -0.01%
CPK A -0.01%
CWT D -0.01%
WAFD B -0.01%
IOSP B -0.01%
MAN D -0.01%
AVA A -0.01%
INDB B -0.01%
SFNC B -0.01%
TRN C -0.01%
KWR C -0.01%
AWR B -0.01%
BRC D -0.01%
JJSF B -0.01%
OTTR C -0.01%
NWE B -0.01%
POWI D -0.01%
FIBK A -0.01%
ABM B -0.01%
JOUT D -0.0%
FLIC B -0.0%
ARTNA D -0.0%
HVT D -0.0%
ODC C -0.0%
BMRC B -0.0%
CTO B -0.0%
YORW D -0.0%
AROW B -0.0%
UHT D -0.0%
THFF B -0.0%
PLOW D -0.0%
HIFS B -0.0%
CASS B -0.0%
SPTN D -0.0%
WASH C -0.0%
MATW C -0.0%
GSBC B -0.0%
SMBC B -0.0%
HY D -0.0%
MBWM B -0.0%
HBNC B -0.0%
MNRO D -0.0%
FCBC B -0.0%
HFWA B -0.0%
SCVL F -0.0%
PFC A -0.0%
GRC A -0.0%
SBSI B -0.0%
CTBI B -0.0%
TMP B -0.0%
AMSF B -0.0%
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