XMLV vs. HSMV ETF Comparison

Comparison of PowerShares S&P MidCap Low Volatility Portfolio (XMLV) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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

$64.23

Average Daily Volume

31,317

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.09

Average Daily Volume

1,322

Number of Holdings ^*

147

* may have additional holdings in another (foreign) market

Performance

Period	XMLV	HSMV
30 Days	2.85%	2.07%
60 Days	5.37%	3.64%
90 Days	8.28%	6.11%
12 Months	28.59%	25.26%

61 Overlapping Holdings

Symbol	Grade	Weight in XMLV	Weight in HSMV	Overlap
ACM	B	1.28%	0.57%	0.57%
ADC	A	1.29%	1.29%	1.29%
AFG	A	1.32%	1.08%	1.08%
AM	A	1.35%	1.19%	1.19%
AMG	B	1.28%	0.62%	0.62%
AMH	C	1.19%	1.21%	1.19%
ATR	B	1.8%	2.16%	1.8%
AVT	C	1.08%	0.5%	0.5%
BKH	A	1.13%	0.87%	0.87%
BRX	A	1.17%	0.47%	0.47%
CACI	D	1.39%	1.62%	1.39%
CDP	D	1.08%	0.67%	0.67%
CHE	D	1.17%	1.15%	1.15%
CW	B	1.78%	0.72%	0.72%
DCI	B	1.41%	1.34%	1.34%
DLB	B	1.01%	0.88%	0.88%
DTM	A	1.87%	1.97%	1.87%
EGP	D	1.09%	0.63%	0.63%
EHC	B	1.44%	0.92%	0.92%
ELS	B	1.2%	0.81%	0.81%
EPR	D	1.18%	0.79%	0.79%
ESNT	D	1.09%	0.66%	0.66%
FHI	B	1.55%	1.23%	1.23%
FLO	D	1.11%	1.12%	1.11%
FLS	A	1.39%	0.52%	0.52%
FR	D	1.07%	0.44%	0.44%
G	B	1.4%	0.36%	0.36%
GATX	A	1.16%	0.56%	0.56%
GGG	B	1.32%	1.02%	1.02%
GLPI	C	1.23%	0.96%	0.96%
GNTX	F	1.22%	0.98%	0.98%
IDA	A	1.47%	1.59%	1.47%
INGR	B	1.49%	1.74%	1.49%
JEF	A	1.41%	0.45%	0.45%
JHG	B	1.39%	0.65%	0.65%
KBR	F	0.99%	0.91%	0.91%
LSTR	D	1.13%	0.78%	0.78%
MAN	F	0.92%	0.32%	0.32%
MMS	D	0.97%	1.01%	0.97%
MSA	D	1.07%	0.81%	0.81%
MTG	C	1.13%	0.54%	0.54%
MUSA	B	1.07%	0.46%	0.46%
NFG	A	1.16%	1.14%	1.14%
NJR	A	1.28%	1.19%	1.19%
NNN	C	1.09%	0.99%	0.99%
NWE	C	1.22%	1.09%	1.09%
NYT	D	1.03%	0.97%	0.97%
OGE	A	1.34%	1.57%	1.34%
OGS	A	1.14%	0.69%	0.69%
OHI	C	1.21%	1.11%	1.11%
ORI	A	1.44%	1.69%	1.44%
POR	C	1.1%	1.06%	1.06%
POST	C	1.19%	1.53%	1.19%
PRI	B	1.33%	0.76%	0.76%
RGA	B	1.43%	0.65%	0.65%
RLI	A	1.4%	1.38%	1.38%
RPM	B	1.32%	0.66%	0.66%
SBRA	B	1.13%	0.58%	0.58%
SEIC	B	1.8%	1.86%	1.8%
SF	B	1.6%	0.73%	0.73%
SLGN	A	1.16%	0.66%	0.66%

XMLV Overweight 18 Positions Relative to HSMV

Symbol	Grade	Weight
IBKR	A	1.61%
VOYA	B	1.52%
UNM	A	1.46%
HLI	A	1.45%
THG	A	1.45%
PNM	B	1.44%
USFD	A	1.31%
TXRH	B	1.25%
SON	D	1.22%
PPC	B	1.22%
SR	A	1.21%
GEF	A	1.2%
ALE	A	1.15%
SNX	C	1.11%
NEU	D	1.04%
STAG	D	1.04%
WTRG	B	0.98%
CHRD	F	0.87%

XMLV Underweight 86 Positions Relative to HSMV

Symbol	Grade	Weight
CTRE	C	-1.53%
MSGS	A	-1.41%
FCPT	C	-0.82%
CBSH	B	-0.81%
IDCC	B	-0.77%
LOPE	B	-0.76%
ENSG	D	-0.75%
EFC	D	-0.75%
PBH	A	-0.74%
PECO	B	-0.73%
AWR	B	-0.72%
AVA	C	-0.72%
RNR	C	-0.66%
CPK	A	-0.64%
AGO	A	-0.64%
EPRT	A	-0.63%
SCI	B	-0.61%
MDU	D	-0.61%
PRGS	B	-0.59%
FELE	B	-0.57%
COLM	C	-0.55%
RS	B	-0.55%
CHH	A	-0.55%
NMIH	C	-0.54%
BCPC	B	-0.53%
CWT	C	-0.51%
FCN	D	-0.5%
LANC	D	-0.49%
FNF	D	-0.49%
EPC	F	-0.49%
MSM	D	-0.47%
BWXT	B	-0.47%
ARW	D	-0.46%
CHDN	B	-0.45%
PFGC	B	-0.45%
CNO	B	-0.44%
SAIC	F	-0.44%
PB	B	-0.44%
LAMR	D	-0.43%
BLKB	C	-0.42%
ENR	A	-0.42%
RYN	D	-0.41%
CLH	C	-0.4%
RDN	D	-0.39%
EXEL	B	-0.39%
ITT	B	-0.38%
FNB	B	-0.38%
FAF	A	-0.38%
BJ	B	-0.37%
ABM	B	-0.37%
EVR	B	-0.36%
ASH	F	-0.36%
GPK	D	-0.36%
IOSP	C	-0.36%
JAZZ	B	-0.35%
LXP	D	-0.35%
COOP	B	-0.35%
LECO	C	-0.35%
JJSF	C	-0.33%
RGLD	C	-0.33%
CSL	C	-0.33%
ONB	B	-0.32%
KEX	A	-0.31%
R	B	-0.3%
OSK	C	-0.29%
MTN	C	-0.29%
ALV	C	-0.29%
KFY	B	-0.29%
AGCO	F	-0.29%
MIDD	D	-0.28%
EVTC	C	-0.28%
PLXS	B	-0.27%
ORA	B	-0.27%
HRB	D	-0.26%
LFUS	D	-0.25%
CASY	A	-0.25%
LII	A	-0.25%
CUBE	D	-0.24%
AIN	C	-0.24%
HXL	F	-0.23%
FSS	B	-0.23%
IRT	A	-0.22%
CRI	F	-0.21%
PCH	D	-0.19%
REXR	F	-0.19%
NSA	C	-0.13%