SPVU vs. FOVL ETF Comparison

Comparison of PowerShares S&P 500 Value Portfolio (SPVU) to iShares Focused Value Factor ETF (FOVL)

SPVU

PowerShares S&P 500 Value Portfolio

SPVU Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Enhanced Value Index. The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to track the performance of approximately 100 stocks in the S&P 500 Index that have the highest "value score," which the index provider calculates based on fundamental ratios of a company&#39;s stock. A value stock tends to trade at a lower price relative to such fundamentals and thus may be considered undervalued by investors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.64

Average Daily Volume

12,753

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$59.68

Average Daily Volume

10,085

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPVU	FOVL
30 Days	0.03%	-2.78%
60 Days	5.82%	0.98%
90 Days	10.08%	3.19%
12 Months	28.15%	23.77%

9 Overlapping Holdings

Symbol	Grade	Weight in SPVU	Weight in FOVL	Overlap
COF	A	1.44%	3.06%	1.44%
DFS	A	0.61%	2.48%	0.61%
HPE	B	0.52%	2.36%	0.52%
JPM	B	5.22%	2.94%	2.94%
LYB	C	0.48%	2.56%	0.48%
NUE	D	0.98%	2.73%	0.98%
PFG	C	0.32%	2.48%	0.32%
PNW	A	0.14%	2.09%	0.14%
STT	B	0.53%	2.32%	0.53%

SPVU Overweight 89 Positions Relative to FOVL

Symbol	Grade	Weight
BAC	A	5.32%
XOM	A	5.24%
WFC	A	5.11%
BRK.A	C	4.99%
CVX	A	4.89%
VZ	C	3.59%
C	A	3.24%
CVS	D	2.93%
CI	A	2.73%
MPC	B	2.49%
GS	A	2.44%
GM	A	2.44%
PSX	B	2.2%
VLO	B	2.19%
F	B	2.06%
MCK	A	1.53%
TFC	A	1.28%
AIG	B	1.22%
PNC	A	1.21%
CNC	C	1.21%
USB	C	1.16%
EMR	C	1.15%
FDX	B	1.03%
ADM	B	0.96%
BK	A	0.96%
KR	A	0.94%
DAL	A	0.87%
DD	A	0.79%
LEN	D	0.79%
DHI	D	0.79%
PRU	C	0.78%
FANG	A	0.68%
CMI	A	0.66%
DOW	C	0.65%
KHC	A	0.65%
UAL	A	0.64%
DVN	A	0.63%
MTB	A	0.63%
BG	B	0.6%
HIG	A	0.59%
ED	A	0.52%
PHM	B	0.5%
FITB	A	0.49%
STLD	B	0.47%
HBAN	A	0.47%
CFG	A	0.44%
SYF	A	0.44%
RF	B	0.44%
TSN	A	0.43%
BAX	C	0.43%
VTRS	C	0.42%
CTRA	A	0.41%
EG	D	0.39%
HPQ	D	0.38%
EQT	A	0.37%
CINF	A	0.37%
MRO	A	0.36%
APTV	F	0.36%
L	B	0.34%
ES	A	0.34%
ALB	F	0.33%
LUV	F	0.33%
BBY	D	0.33%
CE	D	0.3%
KEY	C	0.29%
MOS	F	0.29%
CF	C	0.29%
WBA	F	0.28%
KMX	D	0.27%
CAG	A	0.27%
AAL	C	0.25%
LKQ	F	0.24%
TAP	D	0.22%
IP	D	0.22%
BWA	B	0.22%
UHS	C	0.21%
EVRG	A	0.2%
EMN	A	0.19%
IVZ	D	0.17%
APA	B	0.17%
TPR	D	0.17%
AIZ	C	0.16%
FOXA	A	0.16%
CMA	A	0.16%
HII	C	0.16%
CZR	F	0.15%
BEN	D	0.14%
PARA	B	0.13%
MHK	D	0.09%

SPVU Underweight 31 Positions Relative to FOVL

Symbol	Grade	Weight
TOL	C	-3.34%
PNFP	C	-3.23%
IBKR	A	-3.13%
BLDR	C	-3.13%
WTM	B	-2.96%
WLK	B	-2.94%
SF	A	-2.92%
CLF	D	-2.88%
FYBR	D	-2.82%
WBS	D	-2.81%
AXS	C	-2.8%
FHB	B	-2.68%
ORI	A	-2.68%
JHG	C	-2.64%
SNV	C	-2.62%
CNA	C	-2.6%
FNB	B	-2.58%
KMI	A	-2.57%
AMG	C	-2.47%
T	C	-2.47%
THO	D	-2.29%
AGR	A	-2.24%
CUZ	B	-2.24%
AN	A	-2.24%
LPX	C	-2.23%
ALK	A	-1.97%
Z	D	-1.93%
LSXMK	F	-1.72%
SNDR	F	-1.68%
UNM	B	-1.21%
LLYVK	D	-0.65%