VFMV vs. XMLV ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to PowerShares S&P MidCap Low Volatility Portfolio (XMLV)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. 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

$109.27

Average Daily Volume

5,696

Number of Holdings ^*

156

* may have additional holdings in another (foreign) market

XMLV

PowerShares S&P MidCap Low Volatility Portfolio

XMLV Description

The PowerShares S&P MidCap Low Volatility Portfolio (Fund) is based on the S&P MidCap 400 Low Volatility Index (Index). The Fund generally 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, consisting of 80 out of 400 medium-capitalization range securities from the S&P MidCap 400 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.

Grade (RS Rating)

Last Trade

$55.50

Average Daily Volume

39,791

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	XMLV
30 Days	-0.99%	-0.39%
60 Days	-0.36%	1.50%
90 Days	2.66%	5.35%
12 Months	15.27%	11.74%

10 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in XMLV	Overlap
CHE	F	1.07%	1.25%	1.07%
CVLT	A	1.54%	1.21%	1.21%
DLB	D	1.11%	1.11%	1.11%
FLO	B	0.51%	1.3%	0.51%
GHC	B	0.1%	1.21%	0.1%
MUSA	D	0.97%	1.33%	0.97%
NBIX	A	0.07%	1.1%	0.07%
NEU	D	0.55%	1.06%	0.55%
NWE	B	0.24%	1.38%	0.24%
SR	B	0.12%	1.29%	0.12%

VFMV Overweight 146 Positions Relative to XMLV

Symbol	Grade	Weight
CBOE	D	1.56%
IBM	D	1.56%
ROP	F	1.55%
TJX	C	1.53%
MRK	B	1.53%
ABBV	D	1.52%
IDT	A	1.52%
CME	D	1.52%
RSG	C	1.52%
EA	D	1.51%
JNJ	F	1.51%
TMUS	A	1.5%
LRN	A	1.5%
MCK	C	1.5%
MCD	F	1.49%
FCN	B	1.48%
MCS	F	1.48%
KEX	A	1.45%
NOC	B	1.45%
LMT	B	1.43%
AAPL	C	1.42%
ORLY	D	1.42%
NTAP	C	1.41%
CHD	B	1.33%
VZ	D	1.29%
TXN	A	1.29%
PG	A	1.29%
IDCC	C	1.24%
DOX	F	1.23%
GILD	F	1.21%
WMT	C	1.16%
EQC	D	1.15%
SAFT	C	1.09%
GIS	B	1.08%
BLKB	B	1.07%
WM	C	1.05%
LLY	D	1.04%
AVGO	D	1.01%
INST	F	1.01%
AMGN	A	1.0%
MGEE	A	0.99%
XOM	B	0.98%
WTM	A	0.97%
OSIS	C	0.97%
HSTM	B	0.94%
CL	A	0.92%
CSCO	F	0.91%
THFF	B	0.91%
BMY	F	0.91%
YELP	C	0.86%
CAH	F	0.82%
NSIT	A	0.79%
UNH	C	0.79%
GPOR	C	0.79%
CVX	B	0.78%
LAUR	A	0.76%
GOOGL	A	0.73%
MSFT	C	0.7%
CRUS	C	0.64%
DUK	A	0.6%
CASS	D	0.59%
AMSF	F	0.59%
WMB	B	0.57%
ED	A	0.55%
HURN	F	0.52%
LOPE	C	0.52%
NABL	D	0.51%
ESGR	B	0.5%
HSY	C	0.49%
PBH	D	0.49%
CPK	B	0.46%
WEC	B	0.44%
TRV	C	0.43%
CHCO	B	0.43%
K	B	0.41%
CLBK	F	0.41%
WSBF	B	0.4%
KMB	A	0.4%
MO	A	0.4%
PSN	D	0.39%
AZO	D	0.39%
AJG	C	0.39%
REGN	B	0.38%
MDLZ	D	0.36%
VECO	B	0.36%
LDOS	A	0.36%
NVEC	F	0.35%
HRL	B	0.33%
JBSS	F	0.3%
NHC	D	0.28%
ACN	F	0.28%
ADI	A	0.28%
SPOK	F	0.28%
EXEL	D	0.27%
OSG	B	0.27%
ROL	B	0.27%
UVV	B	0.27%
HPE	D	0.27%
MSGS	B	0.26%
META	D	0.26%
JJSF	F	0.26%
PGR	B	0.26%
EBF	D	0.26%
AGYS	C	0.26%
RLI	D	0.25%
SHEN	F	0.23%
IMMR	D	0.22%
KMI	A	0.22%
DGICA	F	0.19%
GSBC	B	0.18%
ODC	B	0.16%
SPNS	B	0.16%
OLLI	C	0.14%
MLR	A	0.13%
HMN	A	0.12%
IRDM	C	0.12%
BRK.A	D	0.12%
KO	A	0.11%
HTLD	F	0.09%
CNXN	D	0.09%
DJCO	C	0.09%
INCY	D	0.09%
VRTX	D	0.07%
ATGE	A	0.07%
ATNI	F	0.07%
QNST	A	0.07%
NWN	B	0.07%
PSX	D	0.07%
GOOG	A	0.07%
MACK	B	0.07%
GD	A	0.06%
REYN	D	0.06%
LANC	D	0.06%
PEP	B	0.06%
GLRE	A	0.05%
ICE	D	0.05%
EIG	D	0.04%
DTE	A	0.04%
NTCT	F	0.04%
TRUE	D	0.04%
BLFY	D	0.04%
MSI	A	0.03%
CMS	A	0.03%
TBPH	C	0.03%
CARS	D	0.03%
AGX	B	0.02%

VFMV Underweight 69 Positions Relative to XMLV

Symbol	Grade	Weight
PNM	C	-1.86%
MDU	A	-1.68%
ATR	A	-1.6%
CACI	A	-1.57%
SEIC	C	-1.57%
TXRH	A	-1.51%
DTM	B	-1.47%
CW	A	-1.46%
ORI	A	-1.46%
POST	C	-1.45%
BWXT	D	-1.43%
NFG	A	-1.43%
SNX	A	-1.43%
IDA	B	-1.42%
ADC	B	-1.4%
NNN	A	-1.4%
INGR	C	-1.4%
DCI	B	-1.39%
AM	A	-1.38%
OGE	A	-1.38%
CASY	B	-1.38%
GLPI	F	-1.37%
WEN	B	-1.37%
NJR	B	-1.35%
MTG	C	-1.32%
KBR	A	-1.32%
ACM	A	-1.31%
EHC	A	-1.3%
POR	B	-1.28%
AIRC	A	-1.28%
OGS	B	-1.27%
BJ	C	-1.27%
USFD	C	-1.26%
MSM	F	-1.24%
SIGI	F	-1.24%
AVT	A	-1.23%
WTRG	B	-1.21%
RGA	A	-1.2%
OHI	A	-1.19%
AFG	D	-1.18%
BKH	B	-1.18%
ESNT	D	-1.17%
GATX	C	-1.17%
SON	D	-1.17%
GNTX	D	-1.17%
SAIC	D	-1.16%
COLM	B	-1.16%
ALE	A	-1.16%
THG	A	-1.15%
LSTR	D	-1.13%
HLI	A	-1.13%
STAG	D	-1.11%
FNF	A	-1.09%
WPC	C	-1.07%
FR	D	-1.07%
BRX	C	-1.06%
LECO	D	-1.06%
PFGC	D	-1.06%
RS	D	-1.06%
CHH	D	-1.05%
EPR	D	-1.04%
EGP	F	-1.04%
FHI	F	-1.02%
ELS	D	-1.02%
PCH	D	-1.02%
WH	D	-1.0%
PRI	D	-0.99%
G	D	-0.95%
WERN	D	-0.9%