XMLV vs. GQRE ETF Comparison

Comparison of PowerShares S&P MidCap Low Volatility Portfolio (XMLV) to FlexShares Global Quality Real Estate Index Fund (GQRE)

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

$64.83

Average Daily Volume

30,461

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GQRE

FlexShares Global Quality Real Estate Index Fund

GQRE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Global Quality Real Estate IndexSM. The index is designed to measure the performance of companies that exhibit certain quality, valuation and momentum characteristics within a universe of publicly-traded equity securities of U.S. and non-U.S. real estate investment trusts and real estate companies. The fund will normally invest at least 80% of its total assets in the securities of the underlying index and in "ADRs" and "GDRs" based on the securities in its underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$61.16

Average Daily Volume

18,015

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMLV	GQRE
30 Days	5.64%	-0.18%
60 Days	6.68%	-2.28%
90 Days	9.27%	1.56%
12 Months	30.39%	22.76%

7 Overlapping Holdings

Symbol	Grade	Weight in XMLV	Weight in GQRE	Overlap
ADC	B	1.29%	1.02%	1.02%
AMH	D	1.19%	1.67%	1.19%
EPR	D	1.18%	0.45%	0.45%
FR	C	1.07%	0.94%	0.94%
NNN	D	1.09%	1.04%	1.04%
SBRA	C	1.13%	0.57%	0.57%
STAG	F	1.04%	0.89%	0.89%

XMLV Overweight 72 Positions Relative to GQRE

Symbol	Grade	Weight
DTM	B	1.87%
SEIC	B	1.8%
ATR	B	1.8%
CW	B	1.78%
IBKR	A	1.61%
SF	B	1.6%
FHI	A	1.55%
VOYA	B	1.52%
INGR	B	1.49%
IDA	A	1.47%
UNM	A	1.46%
HLI	B	1.45%
THG	A	1.45%
ORI	A	1.44%
PNM	F	1.44%
EHC	B	1.44%
RGA	A	1.43%
DCI	B	1.41%
JEF	A	1.41%
G	B	1.4%
RLI	B	1.4%
JHG	A	1.39%
CACI	D	1.39%
FLS	B	1.39%
AM	A	1.35%
OGE	B	1.34%
PRI	A	1.33%
AFG	A	1.32%
RPM	A	1.32%
GGG	B	1.32%
USFD	A	1.31%
ACM	A	1.28%
NJR	A	1.28%
AMG	B	1.28%
TXRH	C	1.25%
GLPI	C	1.23%
SON	D	1.22%
PPC	C	1.22%
NWE	B	1.22%
GNTX	C	1.22%
OHI	C	1.21%
SR	A	1.21%
ELS	C	1.2%
GEF	A	1.2%
POST	C	1.19%
CHE	D	1.17%
BRX	A	1.17%
GATX	A	1.16%
NFG	A	1.16%
SLGN	A	1.16%
ALE	A	1.15%
OGS	A	1.14%
LSTR	D	1.13%
BKH	A	1.13%
MTG	C	1.13%
SNX	C	1.11%
FLO	D	1.11%
POR	C	1.1%
EGP	F	1.09%
ESNT	D	1.09%
CDP	C	1.08%
AVT	C	1.08%
MUSA	A	1.07%
MSA	D	1.07%
NEU	C	1.04%
NYT	C	1.03%
DLB	B	1.01%
KBR	F	0.99%
WTRG	B	0.98%
MMS	F	0.97%
MAN	D	0.92%
CHRD	D	0.87%

XMLV Underweight 56 Positions Relative to GQRE

Symbol	Grade	Weight
SPG	B	-5.85%
DLR	B	-5.76%
AVB	B	-4.37%
EQR	B	-3.36%
PLD	D	-2.99%
ESS	B	-2.62%
VICI	C	-2.46%
AMT	D	-2.37%
KIM	A	-2.25%
UDR	B	-1.88%
EQIX	A	-1.74%
CPT	B	-1.73%
HST	C	-1.66%
REG	B	-1.59%
LAMR	D	-1.5%
CUBE	D	-1.45%
WELL	A	-1.42%
VNO	B	-0.91%
KRG	B	-0.8%
EPRT	B	-0.77%
IRM	D	-0.69%
SLG	B	-0.66%
CUZ	B	-0.64%
PSA	D	-0.64%
IRT	A	-0.63%
KRC	C	-0.6%
SKT	B	-0.52%
APLE	B	-0.47%
HIW	D	-0.46%
NHI	D	-0.45%
WY	D	-0.43%
BNL	D	-0.43%
PK	B	-0.42%
HASI	D	-0.42%
O	D	-0.41%
IIPR	D	-0.4%
NSA	D	-0.4%
UE	C	-0.38%
AKR	B	-0.35%
IVT	B	-0.3%
EQC	B	-0.29%
LTC	B	-0.28%
SHO	C	-0.28%
XHR	B	-0.28%
DBRG	F	-0.28%
AAT	B	-0.26%
ALEX	C	-0.26%
DRH	B	-0.26%
PDM	D	-0.26%
ESRT	C	-0.26%
CSR	B	-0.24%
JOE	F	-0.24%
RLJ	C	-0.24%
NXRT	B	-0.24%
CCI	D	-0.19%
HPP	F	-0.16%