VFH vs. XRLV ETF Comparison

Comparison of Vanguard Financials ETF - DNQ (VFH) to PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV)

VFH

Vanguard Financials ETF - DNQ

VFH Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$124.67

Average Daily Volume

331,396

Number of Holdings ^*

381

* may have additional holdings in another (foreign) market

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying 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 include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.06

Average Daily Volume

788

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	VFH	XRLV
30 Days	7.44%	2.19%
60 Days	11.88%	4.23%
90 Days	14.68%	6.00%
12 Months	47.35%	23.15%

21 Overlapping Holdings

Symbol	Grade	Weight in VFH	Weight in XRLV	Overlap
AFL	B	0.76%	0.95%	0.76%
AIG	B	0.67%	0.96%	0.67%
AJG	A	0.82%	0.95%	0.82%
AMP	A	0.68%	1.26%	0.68%
BK	A	0.74%	1.16%	0.74%
BRK.A	B	7.98%	1.43%	1.43%
BRO	B	0.34%	0.97%	0.34%
CB	C	1.46%	1.04%	1.04%
CBOE	C	0.3%	0.83%	0.3%
CME	B	1.08%	1.06%	1.06%
FI	A	1.55%	1.3%	1.3%
HIG	B	0.44%	1.03%	0.44%
JKHY	D	0.18%	0.86%	0.18%
JPM	A	8.51%	1.12%	1.12%
L	A	0.2%	1.24%	0.2%
MA	B	5.54%	1.19%	1.19%
MET	A	0.63%	1.05%	0.63%
MMC	B	1.44%	1.14%	1.14%
PFG	D	0.26%	0.99%	0.26%
PRU	A	0.59%	1.04%	0.59%
V	A	4.17%	1.34%	1.34%

VFH Overweight 360 Positions Relative to XRLV

Symbol	Grade	Weight
BAC	A	3.93%
WFC	A	3.02%
GS	A	2.23%
AXP	A	2.08%
SPGI	C	2.05%
BLK	B	1.95%
PGR	A	1.9%
MS	A	1.89%
C	A	1.63%
BX	A	1.6%
SCHW	B	1.43%
ICE	C	1.19%
KKR	A	1.15%
PYPL	B	1.05%
USB	A	1.01%
MCO	B	1.0%
PNC	B	1.0%
AON	A	0.96%
COF	C	0.83%
TFC	A	0.77%
APO	B	0.76%
TRV	B	0.75%
FIS	C	0.67%
ALL	A	0.66%
MSCI	C	0.6%
SQ	A	0.54%
DFS	B	0.5%
ACGL	C	0.49%
COIN	C	0.46%
NDAQ	A	0.43%
MTB	A	0.43%
ARES	A	0.42%
WTW	B	0.41%
FITB	B	0.4%
RJF	A	0.39%
STT	B	0.37%
GPN	B	0.35%
TROW	B	0.33%
HBAN	A	0.3%
SYF	B	0.29%
RF	A	0.29%
CPAY	A	0.29%
CINF	A	0.29%
LPLA	A	0.28%
MKL	A	0.27%
NTRS	A	0.27%
CFG	B	0.26%
FCNCA	A	0.26%
FDS	B	0.23%
WRB	A	0.23%
KEY	B	0.22%
EG	C	0.21%
IBKR	A	0.21%
FNF	B	0.21%
EQH	C	0.2%
TW	A	0.2%
RGA	A	0.19%
RNR	C	0.19%
EWBC	A	0.18%
HOOD	B	0.17%
CG	B	0.16%
UNM	A	0.16%
MKTX	D	0.15%
SOFI	B	0.15%
ERIE	D	0.15%
AFRM	A	0.14%
JEF	A	0.14%
OWL	A	0.14%
SF	B	0.14%
TOST	B	0.14%
KNSL	B	0.13%
FHN	A	0.13%
PRI	B	0.13%
ALLY	C	0.13%
EVR	B	0.13%
GL	C	0.13%
AIZ	A	0.13%
WAL	B	0.12%
CRBG	B	0.12%
WBS	A	0.12%
ORI	A	0.12%
MORN	B	0.12%
HLI	A	0.12%
AFG	A	0.12%
VOYA	B	0.11%
PNFP	B	0.11%
SEIC	B	0.11%
CMA	B	0.11%
WEX	D	0.1%
SNV	C	0.1%
SSB	B	0.1%
JXN	C	0.1%
CBSH	B	0.1%
ZION	B	0.1%
WTFC	A	0.1%
CFR	B	0.1%
RLI	A	0.09%
ESNT	F	0.09%
BPOP	C	0.09%
FAF	A	0.09%
RYAN	A	0.09%
MTG	C	0.09%
AGNC	C	0.09%
HLNE	B	0.09%
PB	B	0.09%
COOP	B	0.08%
IVZ	B	0.08%
STWD	C	0.08%
LNC	C	0.08%
OMF	A	0.08%
GBCI	B	0.08%
COLB	B	0.08%
BEN	C	0.08%
CADE	B	0.08%
AMG	B	0.08%
ONB	C	0.08%
AXS	A	0.08%
PIPR	A	0.07%
TPG	A	0.07%
FOUR	A	0.07%
UMBF	B	0.07%
UBSI	B	0.07%
FNB	A	0.07%
HOMB	A	0.07%
JHG	B	0.07%
RDN	D	0.07%
THG	A	0.07%
SIGI	C	0.07%
EEFT	B	0.06%
SFBS	C	0.06%
AGO	B	0.06%
PFSI	C	0.06%
SLM	A	0.06%
FFIN	B	0.06%
HWC	B	0.06%
WTM	A	0.06%
OZK	B	0.06%
MC	C	0.06%
AUB	B	0.05%
IBOC	B	0.05%
BGC	C	0.05%
STEP	C	0.05%
TCBI	C	0.05%
ASB	B	0.05%
WU	F	0.05%
UPST	B	0.05%
AX	B	0.05%
WD	D	0.05%
CNO	B	0.05%
ESGR	B	0.05%
HASI	D	0.05%
KMPR	A	0.05%
ABCB	B	0.05%
VLY	B	0.05%
BKU	A	0.04%
INDB	B	0.04%
CVBF	A	0.04%
OSCR	D	0.04%
DBRG	F	0.04%
CNS	B	0.04%
ABR	C	0.04%
WAFD	B	0.04%
PRK	B	0.04%
CACC	D	0.04%
BOH	B	0.04%
SFNC	C	0.04%
FIBK	B	0.04%
NMIH	C	0.04%
WSFS	B	0.04%
GNW	A	0.04%
BHF	C	0.04%
BXMT	C	0.04%
APAM	B	0.04%
BOKF	B	0.04%
EBC	B	0.04%
CATY	B	0.04%
FHB	B	0.04%
PJT	A	0.04%
FHI	B	0.04%
FBP	C	0.04%
CBU	B	0.04%
FULT	A	0.04%
UCB	A	0.04%
MCY	A	0.03%
FLYW	B	0.03%
STC	B	0.03%
PRG	C	0.03%
FRHC	B	0.03%
TFIN	B	0.03%
EFSC	B	0.03%
TRMK	C	0.03%
RKT	F	0.03%
NBTB	B	0.03%
FRME	B	0.03%
RNST	B	0.03%
EVTC	B	0.03%
IBTX	B	0.03%
BANC	B	0.03%
BANR	B	0.03%
PLMR	A	0.03%
MQ	D	0.03%
SBCF	B	0.03%
PFS	B	0.03%
BANF	B	0.03%
ENVA	B	0.03%
TOWN	B	0.03%
FFBC	B	0.03%
PPBI	C	0.03%
BFH	C	0.03%
TBBK	B	0.03%
VCTR	B	0.03%
HTLF	B	0.03%
PAYO	A	0.03%
VIRT	A	0.03%
SNEX	B	0.03%
GSHD	A	0.03%
BHLB	B	0.02%
RC	D	0.02%
PMT	C	0.02%
SAFT	B	0.02%
NAVI	F	0.02%
ARI	C	0.02%
GABC	B	0.02%
LMND	B	0.02%
EIG	B	0.02%
WT	A	0.02%
LADR	B	0.02%
LOB	C	0.02%
SPNT	B	0.02%
QCRH	B	0.02%
NIC	B	0.02%
TCBK	C	0.02%
BUSE	B	0.02%
WABC	B	0.02%
CUBI	B	0.02%
STBA	B	0.02%
VBTX	B	0.02%
CODI	B	0.02%
HOPE	C	0.02%
HTH	C	0.02%
SKWD	A	0.02%
SASR	B	0.02%
VRTS	B	0.02%
HMN	B	0.02%
NWBI	B	0.02%
NNI	D	0.02%
LC	A	0.02%
DFIN	D	0.02%
LKFN	C	0.02%
NBHC	C	0.02%
FCF	B	0.02%
FBNC	B	0.02%
AGM	B	0.02%
CHCO	B	0.02%
SYBT	B	0.02%
CASH	B	0.02%
NATL	B	0.02%
TRUP	B	0.02%
FBK	C	0.02%
WSBC	B	0.02%
OFG	B	0.02%
WRLD	C	0.01%
HIFS	C	0.01%
KRNY	C	0.01%
FFIC	B	0.01%
MPB	B	0.01%
DHIL	B	0.01%
SPFI	C	0.01%
UFCS	A	0.01%
PAY	A	0.01%
CARE	C	0.01%
PX	A	0.01%
HONE	C	0.01%
SMBK	B	0.01%
THFF	B	0.01%
TIPT	C	0.01%
AROW	B	0.01%
BHB	C	0.01%
NFBK	C	0.01%
CCBG	B	0.01%
TRTX	C	0.01%
AMBC	C	0.01%
PGC	B	0.01%
FMNB	B	0.01%
MCB	B	0.01%
MSBI	B	0.01%
GDOT	D	0.01%
IIIV	C	0.01%
CCNE	C	0.01%
CASS	C	0.01%
UVE	B	0.01%
GSBC	C	0.01%
AMAL	B	0.01%
LPRO	B	0.01%
NRDS	C	0.01%
IMXI	B	0.01%
UWMC	D	0.01%
WASH	C	0.01%
SMBC	B	0.01%
EQBK	B	0.01%
HTBK	B	0.01%
EZPW	B	0.01%
CAC	C	0.01%
TRST	B	0.01%
BFST	C	0.01%
RPAY	D	0.01%
TREE	F	0.01%
MBWM	B	0.01%
KREF	C	0.01%
IBCP	B	0.01%
CFB	B	0.01%
CCB	A	0.01%
HBNC	B	0.01%
FCBC	C	0.01%
HAFC	B	0.01%
CMTG	F	0.01%
AMTB	B	0.01%
BY	B	0.01%
OSBC	A	0.01%
PRA	C	0.01%
CPF	B	0.01%
PRAA	D	0.01%
EGBN	B	0.01%
MBIN	F	0.01%
FMBH	B	0.01%
CTBI	B	0.01%
BSIG	A	0.01%
TMP	B	0.01%
BRSP	C	0.01%
HFWA	C	0.01%
UVSP	B	0.01%
CFFN	C	0.01%
PFC	B	0.01%
BFC	B	0.01%
CNOB	B	0.01%
SBSI	C	0.01%
DX	B	0.01%
HCI	C	0.01%
OBK	C	0.01%
RWT	D	0.01%
BRKL	B	0.01%
FBMS	B	0.01%
PEBO	B	0.01%
EFC	C	0.01%
AMSF	B	0.01%
DCOM	B	0.01%
ECPG	C	0.01%
FBRT	D	0.01%
OCFC	B	0.01%
PFBC	B	0.01%
SRCE	B	0.01%
CNNE	B	0.01%
RILY	F	0.0%
AC	B	0.0%
HMST	F	0.0%
JRVR	F	0.0%
DGICA	A	0.0%
ACRE	B	0.0%
BMRC	B	0.0%
FFWM	C	0.0%

VFH Underweight 79 Positions Relative to XRLV

Symbol	Grade	Weight
TMUS	B	-1.45%
KMI	A	-1.28%
WMB	A	-1.22%
RSG	A	-1.21%
WMT	A	-1.19%
HON	C	-1.18%
OKE	A	-1.16%
PG	C	-1.13%
ITW	B	-1.13%
MSI	B	-1.13%
TJX	A	-1.13%
ATO	A	-1.12%
KO	D	-1.12%
AME	A	-1.11%
ETR	B	-1.11%
CSCO	B	-1.11%
PM	B	-1.08%
IEX	C	-1.07%
ROP	B	-1.06%
MCD	D	-1.06%
ADP	A	-1.04%
LIN	C	-1.04%
PKG	A	-1.04%
SRE	A	-1.03%
CL	D	-1.03%
HLT	A	-1.02%
JNJ	C	-1.01%
CTAS	B	-1.0%
PPL	A	-1.0%
PEG	A	-0.99%
WELL	A	-0.99%
YUM	D	-0.99%
CHD	A	-0.99%
DRI	B	-0.98%
COR	B	-0.98%
PAYX	B	-0.98%
WM	B	-0.98%
MO	A	-0.97%
NI	A	-0.97%
EA	A	-0.97%
CSX	C	-0.96%
DUK	C	-0.96%
UNP	C	-0.94%
BR	A	-0.94%
LNT	A	-0.94%
WEC	A	-0.93%
GD	D	-0.93%
SO	C	-0.93%
VRSN	C	-0.93%
ABT	B	-0.92%
DGX	A	-0.92%
AVB	B	-0.92%
AVY	F	-0.92%
CMS	C	-0.91%
MDT	D	-0.91%
LH	B	-0.91%
LMT	D	-0.9%
VRSK	A	-0.9%
EVRG	A	-0.9%
PEP	F	-0.89%
OMC	C	-0.89%
KMB	C	-0.88%
MCK	A	-0.88%
ECL	D	-0.88%
FE	C	-0.87%
MDLZ	F	-0.87%
PPG	F	-0.87%
ED	C	-0.87%
STZ	D	-0.87%
HOLX	D	-0.85%
SYY	D	-0.84%
KDP	F	-0.81%
BDX	F	-0.8%
GIS	D	-0.78%
ABBV	F	-0.76%
LYB	F	-0.76%
DOW	F	-0.71%
REGN	F	-0.66%
ELV	F	-0.64%