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

$56.32

Average Daily Volume

39,471

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

$33.69

Average Daily Volume

1,249

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	XMLV	HSMV
30 Days	1.44%	1.24%
60 Days	2.49%	1.79%
90 Days	7.61%	6.64%
12 Months	12.42%	12.41%

75 Overlapping Holdings

Symbol	Grade	Weight in XMLV	Weight in HSMV	Overlap
ACM	C	1.31%	0.51%	0.51%
ADC	B	1.4%	0.51%	0.51%
AFG	D	1.18%	0.51%	0.51%
ALE	B	1.16%	0.52%	0.52%
AM	A	1.38%	0.5%	0.5%
ATR	A	1.6%	0.51%	0.51%
AVT	A	1.23%	0.49%	0.49%
BJ	B	1.27%	0.57%	0.57%
BKH	B	1.18%	0.52%	0.52%
BRX	C	1.06%	0.52%	0.52%
BWXT	D	1.43%	0.5%	0.5%
CACI	A	1.57%	0.52%	0.52%
CASY	A	1.38%	0.5%	0.5%
CHE	D	1.25%	0.51%	0.51%
CHH	C	1.05%	0.51%	0.51%
COLM	B	1.16%	0.53%	0.53%
CVLT	A	1.21%	0.54%	0.54%
CW	A	1.46%	0.52%	0.52%
DCI	A	1.39%	0.51%	0.51%
DLB	C	1.11%	0.51%	0.51%
DTM	A	1.47%	0.5%	0.5%
EGP	D	1.04%	0.51%	0.51%
EHC	A	1.3%	0.51%	0.51%
ELS	D	1.02%	0.53%	0.53%
EPR	C	1.04%	0.52%	0.52%
ESNT	C	1.17%	0.51%	0.51%
FHI	D	1.02%	0.52%	0.52%
FLO	B	1.3%	0.51%	0.51%
FNF	B	1.09%	0.51%	0.51%
FR	D	1.07%	0.52%	0.52%
G	D	0.95%	0.51%	0.51%
GATX	C	1.17%	0.51%	0.51%
GLPI	D	1.37%	0.52%	0.52%
GNTX	D	1.17%	0.5%	0.5%
IDA	B	1.42%	0.51%	0.51%
INGR	A	1.4%	0.52%	0.52%
KBR	A	1.32%	0.52%	0.52%
LECO	D	1.06%	0.51%	0.51%
LSTR	D	1.13%	0.51%	0.51%
MDU	A	1.68%	0.51%	0.51%
MSM	F	1.24%	0.5%	0.5%
MTG	C	1.32%	0.51%	0.51%
MUSA	D	1.33%	0.47%	0.47%
NBIX	B	1.1%	0.63%	0.63%
NFG	A	1.43%	0.52%	0.52%
NJR	B	1.35%	0.52%	0.52%
NNN	A	1.4%	0.52%	0.52%
NWE	B	1.38%	0.52%	0.52%
OGE	A	1.38%	0.52%	0.52%
OGS	B	1.27%	0.52%	0.52%
OHI	B	1.19%	0.52%	0.52%
ORI	A	1.46%	0.53%	0.53%
PCH	D	1.02%	0.52%	0.52%
PFGC	D	1.06%	0.51%	0.51%
PNM	C	1.86%	0.52%	0.52%
POR	B	1.28%	0.51%	0.51%
POST	B	1.45%	0.5%	0.5%
PRI	D	0.99%	0.52%	0.52%
RGA	A	1.2%	0.51%	0.51%
RS	D	1.06%	0.51%	0.51%
SAIC	C	1.16%	0.51%	0.51%
SEIC	D	1.57%	0.51%	0.51%
SIGI	F	1.24%	0.48%	0.48%
SNX	A	1.43%	0.5%	0.5%
SON	C	1.17%	0.49%	0.49%
SR	B	1.29%	0.51%	0.51%
STAG	D	1.11%	0.52%	0.52%
THG	A	1.15%	0.51%	0.51%
TXRH	B	1.51%	0.5%	0.5%
USFD	C	1.26%	0.5%	0.5%
WEN	B	1.37%	0.51%	0.51%
WERN	D	0.9%	0.53%	0.53%
WH	D	1.0%	0.51%	0.51%
WPC	C	1.07%	0.51%	0.51%
WTRG	B	1.21%	0.53%	0.53%

XMLV Overweight 4 Positions Relative to HSMV

Symbol	Grade	Weight
AIRC	A	1.28%
GHC	C	1.21%
HLI	A	1.13%
NEU	D	1.06%

XMLV Underweight 121 Positions Relative to HSMV

Symbol	Grade	Weight
LXP	D	-0.66%
CUBE	D	-0.65%
CPK	B	-0.65%
EXP	A	-0.63%
SWX	A	-0.62%
MTN	F	-0.61%
LANC	D	-0.59%
IDCC	B	-0.59%
WU	C	-0.58%
CSL	B	-0.58%
PLXS	B	-0.58%
LFUS	B	-0.58%
MAT	D	-0.57%
EME	A	-0.57%
FAF	D	-0.57%
EVR	C	-0.57%
AGCO	D	-0.56%
TNC	D	-0.56%
UTHR	A	-0.55%
CWT	B	-0.54%
BCPC	C	-0.54%
CLH	A	-0.54%
TTEK	A	-0.54%
MIDD	D	-0.54%
AWR	C	-0.53%
NMIH	A	-0.53%
AIN	D	-0.53%
JHG	A	-0.52%
RDN	C	-0.52%
SF	A	-0.52%
ASH	A	-0.52%
AMG	D	-0.52%
MMS	C	-0.52%
FCPT	B	-0.52%
WTS	C	-0.52%
EPC	B	-0.52%
LOPE	B	-0.52%
VOYA	B	-0.52%
PECO	D	-0.52%
HRB	C	-0.52%
NYT	B	-0.52%
EPRT	A	-0.52%
AVA	B	-0.52%
CTRE	B	-0.52%
NVT	A	-0.51%
HXL	C	-0.51%
CRI	F	-0.51%
VVV	C	-0.51%
EXEL	D	-0.51%
INVA	B	-0.51%
KEX	A	-0.51%
COOP	A	-0.51%
MAN	B	-0.51%
JJSF	C	-0.51%
PBH	D	-0.51%
PRGS	D	-0.51%
IOSP	C	-0.51%
SBRA	A	-0.51%
ALV	A	-0.51%
RPM	D	-0.51%
JEF	B	-0.51%
FLS	A	-0.51%
KFY	D	-0.51%
RLI	A	-0.51%
AMH	C	-0.51%
ACHC	F	-0.51%
CNO	B	-0.51%
EFC	C	-0.51%
NSIT	A	-0.5%
OSK	D	-0.5%
FSS	B	-0.5%
VNT	D	-0.5%
RYN	F	-0.5%
GMED	D	-0.5%
MSA	C	-0.5%
GGG	D	-0.5%
AGO	D	-0.5%
VRRM	A	-0.5%
ENSG	D	-0.5%
MCRI	D	-0.5%
CBSH	A	-0.49%
ARW	B	-0.49%
REXR	D	-0.49%
SLGN	B	-0.49%
FELE	D	-0.49%
SCI	D	-0.49%
UNF	D	-0.49%
GPK	D	-0.49%
MSGS	B	-0.49%
ITT	B	-0.48%
ROIC	D	-0.48%
FNB	B	-0.48%
SFM	A	-0.48%
LII	D	-0.47%
LAMR	B	-0.47%
KNX	D	-0.47%
EVTC	F	-0.46%
MOG.A	A	-0.46%
CHDN	B	-0.46%
RNR	D	-0.46%
ENOV	F	-0.45%
R	A	-0.45%
JAZZ	D	-0.43%
ENR	C	-0.42%
GO	F	-0.41%
RGLD	B	-0.4%
PB	B	-0.38%
AIR	B	-0.38%
NSA	D	-0.34%
ORA	C	-0.32%
EXPO	B	-0.31%
BLKB	B	-0.31%
IRT	B	-0.31%
FCN	B	-0.31%
ABM	B	-0.31%
ONB	A	-0.31%
CCOI	F	-0.3%
PDCO	D	-0.3%
CRUS	C	-0.29%
PZZA	F	-0.29%
LEG	F	-0.23%