VABS vs. SPHB ETF Comparison

Comparison of Virtus Newfleet ABS/MBS ETF (VABS) to PowerShares S&P 500 High Beta Portfolio (SPHB)

VABS

Virtus Newfleet ABS/MBS ETF

VABS Description

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Grade (RS Rating)

Last Trade

$24.00

Average Daily Volume

1,164

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$83.76

Average Daily Volume

375,654

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VABS	SPHB
30 Days	0.66%	0.91%
60 Days	1.18%	2.51%
90 Days	1.12%	-1.94%
12 Months	5.78%	10.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in VABS	Weight in SPHB	Overlap
	F	C	0.87%	0.85%	0.85%

VABS Overweight 52 Positions Relative to SPHB

Symbol	Grade	Weight
RLJ	F	4.48%
BW	D	2.27%
NS	C	2.1%
EFC	B	1.89%
BFS	C	1.53%
EQC	B	1.49%
DRH	D	1.35%
PBI	A	1.34%
TWO	B	1.26%
ARR	B	1.25%
GNL	C	0.94%
MFA	B	0.86%
CIM	C	0.82%
IVR	B	0.78%
DBRG	D	0.62%
ET	A	0.55%
EPR	C	0.47%
MITT	B	0.45%
CTO	A	0.29%
AEL	A	0.28%
PSEC	B	0.23%
TDS	B	0.23%
PMT	D	0.21%
AHH	C	0.17%
SHO	C	0.17%
LXP	B	0.17%
INN	D	0.16%
ATCOL	A	0.15%
BHR	D	0.15%
UMH	A	0.11%
ABR	B	0.1%
ALLY	B	0.1%
FTAI	A	0.06%
ALTG	F	0.05%
FHN	C	0.04%
NYCB	F	0.04%
AL	D	0.04%
CIO	B	0.03%
NLY	C	0.03%
SNV	A	0.02%
DX	D	0.02%
CODI	D	0.02%
PEB	F	0.01%
CNO	B	0.01%
VNO	B	0.01%
BOH	C	0.01%
SF	A	0.01%
EQH	B	0.01%
COF	C	0.01%
IFF	C	0.01%
JPM	A	0.01%
NEE	D	0.01%

VABS Underweight 97 Positions Relative to SPHB

Symbol	Grade	Weight
SMCI	C	-2.18%
NVDA	B	-2.01%
MPWR	B	-1.62%
AMD	C	-1.54%
TER	B	-1.54%
AVGO	B	-1.51%
CCL	B	-1.47%
CZR	C	-1.45%
ANET	A	-1.37%
ENPH	F	-1.35%
FSLR	C	-1.31%
TSLA	B	-1.3%
KLAC	B	-1.29%
LRCX	B	-1.28%
AMAT	B	-1.24%
URI	C	-1.16%
ADBE	B	-1.15%
META	B	-1.14%
NCLH	B	-1.14%
GNRC	D	-1.13%
ON	D	-1.13%
MU	B	-1.12%
BX	B	-1.11%
MCHP	C	-1.1%
QRVO	B	-1.1%
SWKS	B	-1.1%
NXPI	B	-1.1%
CDNS	B	-1.08%
BLDR	F	-1.07%
SNPS	B	-1.06%
ALGN	F	-1.06%
QCOM	B	-1.06%
BXP	B	-1.05%
ADSK	B	-1.04%
ABNB	C	-1.03%
UBER	B	-1.03%
MGM	B	-1.03%
NOW	B	-1.03%
ORCL	A	-1.02%
ZBRA	C	-1.02%
EXPE	C	-1.02%
CFG	C	-1.0%
ADI	B	-0.99%
WBD	F	-0.98%
TROW	B	-0.98%
WDC	B	-0.97%
KEY	C	-0.97%
TFC	C	-0.97%
AMZN	A	-0.96%
FCX	D	-0.96%
ALB	F	-0.96%
PYPL	F	-0.96%
JBL	F	-0.95%
EFX	B	-0.95%
INTU	B	-0.94%
KMX	C	-0.94%
RCL	B	-0.93%
PWR	C	-0.93%
IVZ	D	-0.92%
ISRG	B	-0.92%
ETSY	F	-0.91%
IDXX	D	-0.91%
GOOG	A	-0.89%
USB	C	-0.89%
MHK	D	-0.88%
PANW	B	-0.88%
PHM	D	-0.87%
ROK	D	-0.86%
DLR	A	-0.86%
TXN	B	-0.86%
LEN	D	-0.85%
ARE	C	-0.85%
BEN	F	-0.85%
RF	B	-0.85%
CARR	C	-0.84%
DAY	F	-0.84%
INTC	F	-0.84%
ANSS	D	-0.84%
FTNT	D	-0.84%
SWK	F	-0.82%
AES	D	-0.82%
CAT	C	-0.81%
APTV	F	-0.81%
DHI	D	-0.81%
FITB	C	-0.8%
IQV	F	-0.79%
CRL	F	-0.79%
EL	F	-0.78%
PARA	D	-0.78%
LULU	F	-0.76%
HBAN	C	-0.76%
PH	D	-0.75%
PAYC	F	-0.73%
CRM	D	-0.73%
CE	F	-0.72%
AAL	F	-0.69%
EPAM	D	-0.68%