VOE vs. SPHQ ETF Comparison

Comparison of Vanguard Mid-Cap Value ETF - DNQ (VOE) to PowerShares S&P 500 High Quality Portfolio (SPHQ)

VOE

Vanguard Mid-Cap Value ETF - DNQ

VOE Description

The investment seeks to track the performance of a benchmark index that measures the investment return of mid-capitalization value stocks. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mid Cap Value Index, a broadly diversified index of value stocks of mid-size U.S. companies. 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.

Grade (RS Rating)

Last Trade

$174.14

Average Daily Volume

260,328

Number of Holdings ^*

183

* may have additional holdings in another (foreign) market

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings 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 exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$68.34

Average Daily Volume

861,359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VOE	SPHQ
30 Days	3.57%	2.20%
60 Days	4.57%	1.70%
90 Days	7.52%	3.87%
12 Months	31.70%	32.58%

34 Overlapping Holdings

Symbol	Grade	Weight in VOE	Weight in SPHQ	Overlap
ACGL	D	0.78%	0.41%	0.41%
ADM	D	0.59%	0.26%	0.26%
AMP	A	1.11%	0.86%	0.86%
BALL	D	0.4%	0.27%	0.27%
BAX	D	0.41%	0.19%	0.19%
CDW	F	0.56%	0.25%	0.25%
CINF	A	0.49%	0.23%	0.23%
CLX	B	0.44%	0.24%	0.24%
CMI	A	1.0%	0.57%	0.57%
CNC	D	0.73%	0.36%	0.36%
COR	B	0.9%	0.46%	0.46%
CTSH	B	0.82%	0.37%	0.37%
DD	D	0.69%	0.32%	0.32%
EA	A	0.89%	0.37%	0.37%
EBAY	D	0.63%	0.34%	0.34%
EG	C	0.34%	0.16%	0.16%
EXPD	D	0.37%	0.21%	0.21%
GEHC	F	0.84%	0.4%	0.4%
HOLX	D	0.42%	0.17%	0.17%
K	A	0.49%	0.26%	0.26%
KEYS	A	0.58%	0.26%	0.26%
KVUE	A	0.98%	0.46%	0.46%
LEN	D	0.06%	0.42%	0.06%
LEN	D	0.89%	0.42%	0.42%
LH	C	0.43%	0.23%	0.23%
LYB	F	0.5%	0.21%	0.21%
MCHP	D	0.44%	0.43%	0.43%
NVR	D	0.3%	0.3%	0.3%
OMC	C	0.44%	0.2%	0.2%
ROK	B	0.34%	0.4%	0.34%
STE	F	0.24%	0.2%	0.2%
SWKS	F	0.31%	0.14%	0.14%
SYY	B	0.82%	0.37%	0.37%
TROW	B	0.54%	0.26%	0.26%

VOE Overweight 149 Positions Relative to SPHQ

Symbol	Grade	Weight
CARR	D	1.39%
AJG	B	1.37%
DLR	B	1.3%
OKE	A	1.26%
PCAR	B	1.22%
URI	B	1.2%
NEM	D	1.17%
ALL	A	1.1%
DHI	D	1.1%
FIS	C	1.09%
LHX	C	1.04%
PEG	A	0.99%
PRU	A	0.97%
PCG	A	0.94%
CTVA	C	0.93%
LNG	B	0.92%
CBRE	B	0.89%
OTIS	C	0.88%
EXC	C	0.87%
BKR	B	0.84%
GIS	D	0.84%
XEL	A	0.83%
DFS	B	0.83%
GLW	B	0.82%
DAL	C	0.82%
KR	B	0.81%
IRM	D	0.81%
ED	D	0.78%
DOW	F	0.77%
HPQ	B	0.77%
NDAQ	A	0.76%
NUE	C	0.75%
ETR	B	0.74%
VICI	C	0.74%
WAB	B	0.73%
HIG	B	0.72%
MTB	A	0.72%
WMB	A	0.71%
AVB	B	0.7%
EIX	B	0.7%
GRMN	B	0.68%
WTW	B	0.68%
WEC	A	0.67%
FITB	A	0.66%
PPG	F	0.65%
RJF	A	0.61%
PHM	D	0.6%
AWK	D	0.6%
VTR	C	0.6%
STT	A	0.59%
GPN	B	0.59%
CAH	B	0.59%
DOV	A	0.58%
SPG	B	0.58%
IFF	D	0.57%
UAL	A	0.57%
FTV	C	0.56%
JCI	C	0.56%
BIIB	F	0.56%
HPE	B	0.56%
EQR	B	0.56%
AIG	B	0.54%
NTAP	C	0.53%
AEE	A	0.52%
ES	D	0.52%
PPL	B	0.51%
FE	C	0.51%
KMI	A	0.51%
CBOE	B	0.5%
WDC	D	0.5%
HBAN	A	0.5%
WY	D	0.5%
RF	A	0.49%
DTE	C	0.49%
ZBH	C	0.48%
SYF	B	0.48%
PKG	A	0.46%
GEV	B	0.46%
CMS	C	0.46%
ZBRA	B	0.44%
MKC	D	0.44%
CNP	B	0.43%
NTRS	A	0.43%
IP	B	0.43%
IR	B	0.43%
ARE	D	0.43%
DRI	B	0.42%
PFG	D	0.42%
ESS	B	0.41%
LUV	C	0.41%
D	C	0.4%
CFG	B	0.4%
SNA	A	0.39%
MAS	D	0.39%
J	F	0.39%
BBY	D	0.39%
DG	F	0.39%
ZM	B	0.39%
MAA	B	0.39%
DGX	A	0.38%
AVY	D	0.37%
TSN	B	0.37%
GPC	D	0.36%
KEY	B	0.36%
WBD	C	0.36%
WRB	A	0.36%
FNF	B	0.35%
TXT	D	0.34%
GEN	B	0.34%
AKAM	D	0.34%
LNT	A	0.34%
RVTY	F	0.33%
L	A	0.33%
CF	B	0.33%
SWK	D	0.32%
AVTR	F	0.32%
CVNA	B	0.32%
SSNC	B	0.32%
CE	F	0.31%
VTRS	A	0.31%
CAG	D	0.31%
NWSA	B	0.3%
DLTR	F	0.29%
WPC	D	0.27%
LDOS	C	0.27%
HAL	C	0.25%
FOXA	B	0.25%
HUBB	B	0.25%
RPRX	D	0.23%
TRU	D	0.22%
HRL	D	0.21%
MKL	A	0.21%
STLD	B	0.21%
CPB	D	0.2%
NI	A	0.18%
CRBG	B	0.17%
EL	F	0.17%
MRO	B	0.17%
DOC	D	0.17%
TRMB	B	0.16%
EVRG	A	0.15%
MGM	D	0.09%
UDR	B	0.08%
BEN	C	0.07%
WBA	F	0.07%
WLK	D	0.06%
AGR	B	0.06%
ALB	C	0.06%
FOX	A	0.06%

VOE Underweight 66 Positions Relative to SPHQ

Symbol	Grade	Weight
MA	C	-5.45%
V	A	-5.29%
AVGO	D	-5.28%
AAPL	C	-4.97%
JNJ	D	-4.84%
MSFT	F	-4.5%
COST	B	-4.29%
NFLX	A	-4.24%
PG	A	-3.89%
ADBE	C	-2.87%
CSCO	B	-2.61%
PEP	F	-2.26%
QCOM	F	-2.2%
GE	D	-2.02%
ADP	B	-2.01%
CAT	B	-2.01%
INTU	C	-1.83%
AMAT	F	-1.68%
LMT	D	-1.65%
PGR	A	-1.63%
TJX	A	-1.54%
PANW	C	-1.24%
ITW	B	-1.16%
NKE	D	-1.08%
LRCX	F	-1.06%
KLAC	D	-1.05%
SHW	A	-1.01%
MDLZ	F	-0.9%
EMR	A	-0.88%
ADSK	A	-0.86%
CTAS	B	-0.76%
ZTS	D	-0.74%
MCO	B	-0.73%
PAYX	C	-0.66%
IT	C	-0.64%
GWW	B	-0.59%
FAST	B	-0.59%
MPC	D	-0.58%
KMB	D	-0.52%
ROST	C	-0.47%
VRSK	A	-0.45%
MLM	B	-0.44%
VLO	C	-0.44%
IDXX	F	-0.4%
MNST	C	-0.4%
LULU	C	-0.38%
A	D	-0.37%
VMC	B	-0.37%
DECK	A	-0.29%
BR	A	-0.27%
HSY	F	-0.26%
VLTO	D	-0.26%
BLDR	D	-0.24%
ULTA	F	-0.21%
POOL	C	-0.19%
JBL	B	-0.19%
FFIV	B	-0.15%
CHRW	C	-0.14%
JKHY	D	-0.13%
AOS	F	-0.11%
APA	D	-0.1%
MKTX	D	-0.1%
BWA	D	-0.1%
PAYC	B	-0.1%
RL	B	-0.09%
SOLV	C	-0.09%