VLUE vs. PWV ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to PowerShares Dynamic LargeCap Value (PWV)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$102.35

Average Daily Volume

361,586

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

PWV

PowerShares Dynamic LargeCap Value

PWV Description

The PowerShares Dynamic Large Cap Value Portfolio (Fund) is based on the Dynamic Large Cap Value IntellidexSM Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide capital appreciation while maintaining consistent stylistically accurate exposure. The Style Intellidexes apply a rigorous 10 factor style isolation process to objectively segregate companies into their appropriate investment style and size universe. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$55.22

Average Daily Volume

47,049

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	PWV
30 Days	-3.41%	-2.11%
60 Days	-2.33%	1.85%
90 Days	2.48%	7.10%
12 Months	17.74%	25.79%

24 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in PWV	Overlap
AIG	A	0.69%	1.49%	0.69%
BAC	A	1.73%	3.47%	1.73%
BK	A	0.44%	1.4%	0.44%
CI	C	1.49%	1.4%	1.4%
CNC	C	0.69%	1.25%	0.69%
COF	B	0.68%	1.42%	0.68%
CSCO	F	4.8%	3.11%	3.11%
CTSH	D	0.94%	1.16%	0.94%
DELL	B	0.89%	2.08%	0.89%
DHI	D	1.57%	1.37%	1.37%
ELV	A	1.29%	1.41%	1.29%
F	D	2.35%	1.4%	1.4%
FDX	D	1.18%	1.49%	1.18%
GM	A	3.77%	1.59%	1.59%
IBM	D	3.16%	2.87%	2.87%
LEN	C	1.79%	1.38%	1.38%
NUE	D	0.55%	1.28%	0.55%
PCAR	D	0.76%	1.42%	0.76%
PCG	B	0.53%	1.39%	0.53%
PRU	B	0.46%	1.4%	0.46%
URI	D	0.87%	1.49%	0.87%
VLO	D	0.99%	1.67%	0.99%
VZ	D	1.77%	3.1%	1.77%
WFC	B	2.23%	3.63%	2.23%

VLUE Overweight 126 Positions Relative to PWV

Symbol	Grade	Weight
T	B	4.86%
INTC	F	4.71%
AMAT	C	2.88%
PFE	D	2.43%
C	B	2.05%
RTX	A	1.92%
NXPI	A	1.52%
CVS	F	1.47%
BMY	F	1.43%
GS	A	1.34%
MO	A	1.23%
PHM	B	1.16%
HPE	D	1.13%
KHC	C	0.95%
TEL	C	0.92%
FANG	B	0.92%
HPQ	D	0.89%
GILD	F	0.88%
SPG	C	0.85%
GLW	B	0.85%
KR	B	0.79%
ON	F	0.77%
ADM	C	0.71%
WY	F	0.7%
CBRE	D	0.63%
WBD	F	0.59%
BLDR	D	0.57%
LHX	A	0.54%
TFC	B	0.54%
TSN	B	0.54%
JCI	B	0.53%
CMI	B	0.51%
MCHP	B	0.51%
MRO	D	0.49%
SWKS	F	0.49%
CTRA	B	0.47%
WBA	F	0.47%
MET	C	0.47%
NTAP	B	0.47%
OVV	B	0.44%
EXPE	F	0.43%
OC	A	0.43%
FIS	B	0.42%
BBY	D	0.4%
VTRS	D	0.4%
ED	A	0.39%
WAB	A	0.38%
TAP	F	0.37%
NRG	B	0.36%
BWA	B	0.35%
USB	D	0.34%
D	B	0.34%
DOW	C	0.33%
PPL	A	0.32%
PARA	C	0.32%
EQT	B	0.31%
LKQ	D	0.31%
JNPR	D	0.3%
CAG	B	0.3%
QRVO	F	0.28%
TXT	D	0.28%
LEA	F	0.27%
GPN	F	0.27%
CFG	A	0.26%
LYB	C	0.26%
STLD	D	0.26%
FFIV	F	0.25%
GEN	F	0.25%
FOXA	B	0.25%
FSLR	B	0.24%
MTB	A	0.24%
SSNC	C	0.24%
SJM	F	0.24%
FITB	A	0.23%
HIG	C	0.23%
LBTYK	D	0.22%
EVRG	B	0.22%
DAL	A	0.22%
STT	C	0.22%
LH	F	0.22%
CHK	B	0.21%
APA	F	0.21%
SYF	B	0.21%
LDOS	A	0.21%
DINO	F	0.21%
Z	F	0.21%
KNX	D	0.19%
ZM	D	0.19%
ES	B	0.19%
RF	B	0.19%
AZPN	F	0.18%
RPRX	D	0.17%
CNHI	D	0.17%
DGX	B	0.17%
SNA	D	0.17%
WRK	A	0.17%
JBL	F	0.17%
ALLY	B	0.16%
UHS	D	0.16%
MOS	F	0.16%
EQH	A	0.14%
FBIN	D	0.14%
EG	C	0.14%
L	A	0.14%
UHAL	B	0.14%
FOX	B	0.13%
HBAN	A	0.13%
KEY	C	0.13%
HII	D	0.13%
CF	F	0.13%
NLY	A	0.13%
CLF	F	0.13%
ACI	D	0.12%
ALB	D	0.12%
JAZZ	D	0.12%
LUV	F	0.11%
TWLO	B	0.11%
IP	C	0.1%
EMN	B	0.09%
FNF	B	0.09%
UTHR	A	0.09%
DVA	B	0.08%
DAR	D	0.08%
LSXMK	F	0.08%
WLK	B	0.07%
BEN	F	0.06%

VLUE Underweight 26 Positions Relative to PWV

Symbol	Grade	Weight
COP	C	-3.73%
XOM	B	-3.66%
MS	A	-3.39%
CVX	B	-3.39%
JPM	B	-3.38%
UNP	D	-3.06%
CMCSA	F	-2.92%
JNJ	F	-2.91%
ABBV	D	-2.88%
ABT	D	-2.88%
CEG	B	-1.92%
MU	B	-1.9%
MPC	D	-1.64%
EOG	B	-1.62%
WMB	B	-1.54%
SO	A	-1.49%
ET	A	-1.47%
TGT	D	-1.47%
KMI	A	-1.46%
AFL	A	-1.44%
PSX	D	-1.44%
MCK	A	-1.42%
HCA	D	-1.36%
CB	C	-1.34%
CME	D	-1.33%
REGN	C	-1.27%