VFMF vs. SPLV ETF Comparison

Comparison of Vanguard U.S. Multifactor ETF (VFMF) to PowerShares S&P 500 Low Volatility Portfolio ETF (SPLV)

VFMF

Vanguard U.S. Multifactor ETF

VFMF Description

The investment seeks to provide long-term capital appreciation by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. The fund invests primarily in U.S. common stocks with the potential to generate higher returns relative to the broad U.S. equity market by investing in stocks with relatively strong recent performance, strong fundamentals, and low prices relative to fundamentals as determined by the advisor. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$129.88

Average Daily Volume

8,815

Number of Holdings ^*

446

* may have additional holdings in another (foreign) market

SPLV

PowerShares S&P 500 Low Volatility Portfolio ETF

SPLV Description

The PowerShares S&P 500 Low Volatility Portfolio (Fund) is based on the S&P 500 Low Volatility 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 lowest realized volatility over the past 12 months. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations over time. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$71.53

Average Daily Volume

1,989,193

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFMF	SPLV
30 Days	1.10%	1.76%
60 Days	0.42%	6.16%
90 Days	6.64%	10.30%
12 Months	26.84%	23.30%

17 Overlapping Holdings

Symbol	Grade	Weight in VFMF	Weight in SPLV	Overlap
ABBV	B	0.97%	0.9%	0.9%
AFL	A	0.97%	0.95%	0.95%
AIG	D	1.6%	0.94%	0.94%
BK	B	1.08%	1.08%	1.08%
CBOE	C	0.32%	0.87%	0.32%
COST	C	0.47%	0.97%	0.47%
HIG	B	1.04%	1.03%	1.03%
JPM	D	0.77%	0.99%	0.77%
KMB	C	0.33%	0.94%	0.33%
LYB	D	0.11%	0.9%	0.11%
MCK	F	0.87%	0.71%	0.71%
MET	B	0.05%	1.03%	0.05%
PFG	B	0.06%	0.99%	0.06%
PKG	B	0.18%	0.97%	0.18%
TJX	C	0.43%	1.13%	0.43%
TMUS	B	0.06%	1.26%	0.06%
WMT	B	0.5%	1.16%	0.5%

VFMF Overweight 429 Positions Relative to SPLV

Symbol	Grade	Weight
WFC	D	1.71%
VLO	F	1.11%
GOOG	D	1.1%
FANG	F	1.08%
AMAT	D	1.04%
SYF	C	1.01%
MPC	F	0.99%
MLI	B	0.94%
LRCX	D	0.92%
MTG	B	0.9%
BKNG	B	0.89%
QCOM	D	0.88%
META	B	0.85%
BPOP	C	0.81%
APO	B	0.78%
AXP	B	0.78%
PHM	B	0.75%
MMM	B	0.75%
KR	B	0.74%
NUE	D	0.74%
CAT	B	0.74%
PSX	F	0.67%
FDX	D	0.65%
IBM	B	0.64%
KLAC	D	0.64%
ANET	C	0.62%
GOOGL	D	0.61%
GILD	B	0.61%
OFG	C	0.59%
EOG	D	0.58%
HCA	B	0.57%
TMHC	B	0.57%
XOM	D	0.55%
OMF	D	0.53%
PCAR	D	0.53%
CAH	C	0.53%
VZ	A	0.53%
ARCH	D	0.53%
BCC	C	0.5%
COP	F	0.49%
OC	C	0.49%
CI	C	0.47%
PVH	D	0.46%
TGT	C	0.45%
HRB	C	0.45%
M	F	0.45%
AZO	B	0.45%
ORI	B	0.44%
NVDA	C	0.44%
COLL	C	0.43%
SLM	C	0.42%
NWS	D	0.41%
CVX	F	0.4%
ALSN	B	0.4%
GIII	D	0.4%
KELYA	D	0.4%
SIG	C	0.38%
WFRD	F	0.38%
AMAL	D	0.38%
ANDE	D	0.37%
UFPI	C	0.35%
WRB	D	0.34%
RDN	D	0.34%
EIG	C	0.34%
SCS	D	0.34%
FULT	D	0.34%
FBP	C	0.33%
PRDO	D	0.31%
PRI	B	0.31%
GFF	C	0.3%
AMKR	F	0.3%
SKX	C	0.3%
ASC	D	0.29%
NMIH	C	0.29%
EAT	C	0.29%
TK	C	0.29%
CRM	C	0.29%
MLKN	F	0.28%
TNK	D	0.28%
WSM	C	0.28%
SIGA	F	0.27%
ACT	C	0.27%
UNM	B	0.27%
NTB	D	0.26%
CNO	C	0.26%
JBL	C	0.25%
ASO	D	0.25%
AYI	B	0.25%
WTTR	D	0.25%
NSIT	C	0.25%
IBOC	D	0.25%
MTH	C	0.24%
GM	C	0.24%
TPC	C	0.24%
HP	F	0.24%
CAL	F	0.23%
PFBC	D	0.23%
MSM	D	0.23%
SRCE	D	0.23%
STNG	D	0.23%
EVR	B	0.23%
CLF	F	0.23%
CPAY	B	0.22%
PR	F	0.22%
EWBC	C	0.22%
CFG	D	0.22%
MBIN	D	0.22%
ATKR	F	0.22%
DELL	C	0.22%
KD	F	0.21%
GNW	C	0.21%
MUR	F	0.21%
FNF	B	0.21%
CTRA	F	0.21%
HPQ	C	0.21%
SXC	F	0.21%
MHO	B	0.21%
DBX	C	0.21%
CENTA	F	0.21%
TOL	A	0.21%
TEX	F	0.21%
CHRD	F	0.21%
STLD	C	0.21%
DHI	C	0.21%
STT	B	0.21%
EQH	C	0.21%
CATY	C	0.21%
CASH	D	0.2%
DINO	F	0.2%
AAL	D	0.2%
BG	F	0.2%
CPF	C	0.2%
AX	D	0.2%
GMS	C	0.2%
THO	C	0.2%
BLD	C	0.2%
CACC	F	0.2%
EME	B	0.2%
ESGR	D	0.19%
RS	D	0.19%
NR	F	0.19%
VGR	C	0.19%
OMI	D	0.19%
PLAB	D	0.19%
AMWD	C	0.19%
RL	B	0.19%
AGO	D	0.19%
BBWI	D	0.19%
SKYW	C	0.19%
ATGE	C	0.19%
ZEUS	F	0.19%
CNC	D	0.19%
LEN	B	0.18%
DHT	C	0.18%
SCHL	D	0.18%
DKS	D	0.18%
CVCO	B	0.18%
REVG	D	0.18%
PUMP	F	0.18%
IMKTA	D	0.18%
DLX	F	0.17%
BELFB	C	0.17%
VIRT	C	0.17%
TNL	C	0.17%
BLX	C	0.17%
AIT	B	0.17%
CLW	F	0.17%
VCTR	B	0.17%
CRC	C	0.17%
CALM	B	0.17%
COOP	C	0.17%
JEF	C	0.17%
DOX	C	0.16%
HCC	D	0.16%
OZK	F	0.16%
R	C	0.16%
WMK	D	0.16%
AMRX	C	0.16%
GAP	F	0.16%
SCSC	D	0.16%
RRC	D	0.16%
SM	F	0.16%
CMC	D	0.16%
VNT	F	0.16%
CR	B	0.16%
CRBG	C	0.16%
ENS	C	0.16%
DESP	C	0.15%
BV	C	0.15%
URBN	F	0.15%
INSW	C	0.15%
PLUS	B	0.15%
LPG	F	0.15%
KBH	C	0.15%
ARW	B	0.15%
WABC	D	0.15%
SNA	B	0.15%
NVR	B	0.15%
CF	B	0.15%
MUSA	D	0.15%
TILE	C	0.15%
CNOB	C	0.15%
HWKN	B	0.15%
PATK	C	0.15%
FTI	D	0.15%
URI	B	0.15%
ETH	D	0.14%
DNOW	F	0.14%
MOH	D	0.14%
PFGC	B	0.14%
FCF	D	0.14%
SPOK	C	0.14%
AN	C	0.14%
ODP	F	0.14%
FIX	B	0.14%
IESC	B	0.14%
QCRH	D	0.14%
AEO	D	0.14%
OVV	F	0.14%
OLN	D	0.14%
PHIN	C	0.14%
ESAB	C	0.14%
TPR	A	0.14%
NAT	D	0.14%
WCC	C	0.13%
ROCK	D	0.13%
MRC	D	0.13%
JELD	D	0.13%
TNET	F	0.13%
YETI	D	0.13%
CNXN	B	0.13%
CHCO	D	0.13%
FLWS	F	0.13%
KTB	B	0.13%
MATX	B	0.12%
TAP	D	0.12%
WNC	F	0.12%
RCL	B	0.12%
CSTM	D	0.12%
BBW	C	0.12%
WLK	C	0.12%
PFSI	C	0.12%
SSD	C	0.12%
CTSH	B	0.12%
KNTK	C	0.12%
NTAP	D	0.12%
CEIX	C	0.12%
GL	D	0.12%
CVLT	B	0.12%
TPH	C	0.12%
REX	D	0.12%
EXPE	C	0.12%
NXST	D	0.11%
GPC	D	0.11%
SWKS	F	0.11%
RES	D	0.11%
DAKT	D	0.11%
NMRK	B	0.11%
PTVE	D	0.11%
AZZ	C	0.11%
SFL	D	0.11%
BRY	F	0.11%
SANM	D	0.11%
RAMP	F	0.11%
FOR	D	0.11%
OXM	F	0.11%
JOE	D	0.11%
NAVI	D	0.1%
PH	B	0.1%
WGO	D	0.1%
EXEL	C	0.1%
WHD	D	0.1%
MOG.A	B	0.1%
SPTN	C	0.1%
FCX	C	0.1%
BLDR	C	0.1%
AGX	B	0.1%
BXC	D	0.1%
STBA	D	0.1%
MBUU	D	0.1%
GPOR	C	0.1%
BTU	C	0.1%
MTDR	F	0.1%
HAFC	D	0.1%
MTUS	F	0.1%
WEX	C	0.1%
SAIA	D	0.1%
COKE	C	0.1%
ARCB	D	0.09%
QLYS	D	0.09%
BUSE	D	0.09%
BOKF	C	0.09%
APOG	B	0.09%
CVBF	D	0.09%
DXPE	C	0.09%
CIVI	F	0.09%
GNK	C	0.09%
CNM	F	0.09%
SFBS	C	0.09%
EXP	B	0.09%
IIIN	F	0.09%
SD	F	0.09%
LRN	B	0.09%
CNX	B	0.09%
AGCO	D	0.09%
PSMT	B	0.08%
CSL	B	0.08%
MCY	C	0.08%
PLPC	C	0.08%
AHCO	C	0.08%
JWN	C	0.08%
ACCO	C	0.08%
OSUR	F	0.08%
WSFS	D	0.08%
IDT	C	0.08%
TBBK	C	0.08%
MRK	F	0.08%
PBF	F	0.08%
LPLA	D	0.08%
NOG	F	0.07%
BHLB	C	0.07%
STRL	C	0.07%
WU	C	0.07%
IDCC	B	0.07%
MYRG	F	0.07%
BECN	F	0.07%
AXL	F	0.07%
BBSI	C	0.07%
SFNC	C	0.07%
CNA	D	0.07%
UVV	D	0.07%
KSS	D	0.07%
GES	F	0.07%
AGM	D	0.07%
WOR	F	0.07%
LZB	C	0.07%
AMZN	C	0.07%
HVT	F	0.07%
MOV	F	0.07%
CRVL	B	0.07%
GRBK	B	0.07%
WMS	D	0.07%
SBSI	D	0.07%
VFC	B	0.06%
NX	F	0.06%
XRX	D	0.06%
GRNT	F	0.06%
ZIMV	F	0.06%
HBI	A	0.06%
OSBC	D	0.06%
CG	C	0.06%
RNR	B	0.06%
LBRT	F	0.06%
CASY	D	0.06%
BWA	C	0.06%
UA	C	0.06%
LOPE	D	0.06%
CACI	B	0.06%
EBAY	B	0.06%
RGP	F	0.06%
APG	F	0.06%
CPRX	C	0.06%
LEN	B	0.06%
TCBI	C	0.05%
ANIP	F	0.05%
BKE	B	0.05%
BC	C	0.05%
DECK	C	0.05%
SCVL	C	0.05%
YELP	D	0.05%
PPC	D	0.05%
TNC	D	0.05%
MGY	D	0.05%
CBT	B	0.05%
LOW	B	0.05%
HPE	C	0.05%
PSTG	F	0.05%
HELE	D	0.05%
AMSF	C	0.05%
LQDT	C	0.05%
JBI	F	0.05%
LYTS	C	0.05%
DOLE	B	0.05%
STRA	F	0.04%
HEES	D	0.04%
MEDP	F	0.04%
SXI	C	0.04%
MCRI	B	0.04%
TRST	D	0.04%
BKU	D	0.04%
CHE	C	0.04%
BRKL	C	0.04%
HNI	C	0.04%
SHOO	B	0.04%
GOLF	F	0.04%
MCFT	F	0.04%
AMG	C	0.04%
CTS	D	0.04%
VTRS	D	0.04%
KFRC	F	0.04%
ALKS	D	0.04%
DDS	D	0.04%
ROST	C	0.04%
FARO	D	0.03%
SMP	D	0.03%
BYD	C	0.03%
GPK	C	0.03%
THRY	F	0.03%
ATEN	C	0.03%
HOV	D	0.03%
BERY	B	0.03%
HSTM	D	0.03%
ULTA	D	0.03%
KMT	B	0.03%
AMRK	C	0.03%
EPAC	B	0.03%
THFF	D	0.03%
DBI	F	0.03%
PRLB	F	0.03%
EPM	D	0.03%
FELE	B	0.03%
CCRN	F	0.03%
INMD	D	0.03%
JACK	F	0.03%
HIMS	D	0.02%
FFIV	B	0.02%
GPI	B	0.02%
MAN	C	0.02%
JAZZ	D	0.02%

VFMF Underweight 80 Positions Relative to SPLV

Symbol	Grade	Weight
BRK.A	C	-1.4%
KO	B	-1.31%
V	C	-1.2%
RSG	D	-1.2%
L	D	-1.18%
PG	C	-1.17%
CL	C	-1.16%
MMC	C	-1.16%
LIN	B	-1.13%
MA	B	-1.12%
ITW	B	-1.1%
MCD	B	-1.1%
JNJ	C	-1.08%
ATO	B	-1.07%
HON	C	-1.07%
ROP	C	-1.07%
AMP	B	-1.06%
KMI	C	-1.06%
CB	B	-1.06%
ICE	C	-1.05%
MSI	B	-1.05%
PM	C	-1.04%
CME	B	-1.04%
CSCO	B	-1.03%
AVY	C	-1.03%
DRI	C	-1.02%
OKE	C	-1.02%
WMB	C	-1.01%
UNP	D	-1.01%
IEX	C	-1.01%
DUK	B	-1.01%
MDLZ	C	-1.01%
GD	C	-1.0%
OTIS	B	-1.0%
SPGI	C	-1.0%
YUM	B	-1.0%
LMT	A	-0.99%
PEG	B	-0.99%
AME	C	-0.99%
PRU	C	-0.99%
ETR	A	-0.98%
PPL	A	-0.98%
KDP	B	-0.98%
ADP	C	-0.98%
PEP	D	-0.96%
CTAS	C	-0.96%
VRSN	C	-0.96%
SO	B	-0.96%
HLT	B	-0.95%
WM	D	-0.95%
OMC	B	-0.95%
CMS	B	-0.95%
MDT	B	-0.95%
CHD	C	-0.95%
SRE	B	-0.94%
AVB	C	-0.94%
WELL	C	-0.94%
ED	B	-0.94%
CSX	C	-0.94%
STZ	C	-0.94%
LNT	A	-0.94%
BRO	C	-0.93%
FE	B	-0.93%
ECL	B	-0.93%
PAYX	C	-0.93%
GIS	B	-0.92%
PPG	C	-0.92%
WEC	B	-0.91%
ABT	C	-0.91%
AJG	D	-0.91%
REGN	D	-0.91%
MO	C	-0.9%
EVRG	B	-0.89%
DGX	B	-0.89%
HOLX	D	-0.89%
DOW	C	-0.88%
BR	C	-0.88%
SYY	C	-0.87%
EA	D	-0.87%
ELV	D	-0.86%