XMLV vs. WBIF ETF Comparison

Comparison of PowerShares S&P MidCap Low Volatility Portfolio (XMLV) to WBI Large Cap Tactical Value Shares (WBIF)

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

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$30.24

Average Daily Volume

1,622

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XMLV	WBIF
30 Days	5.64%	3.91%
60 Days	6.68%	3.66%
90 Days	9.27%	4.44%
12 Months	30.39%	13.34%

8 Overlapping Holdings

Symbol	Grade	Weight in XMLV	Weight in WBIF	Overlap
DCI	B	1.41%	0.56%	0.56%
G	B	1.4%	1.44%	1.4%
PRI	A	1.33%	1.42%	1.33%
RGA	A	1.43%	3.26%	1.43%
THG	A	1.45%	0.59%	0.59%
TXRH	C	1.25%	1.33%	1.25%
UNM	A	1.46%	3.93%	1.46%
VOYA	B	1.52%	3.26%	1.52%

XMLV Overweight 71 Positions Relative to WBIF

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%
INGR	B	1.49%
IDA	A	1.47%
HLI	B	1.45%
ORI	A	1.44%
PNM	F	1.44%
EHC	B	1.44%
JEF	A	1.41%
RLI	B	1.4%
JHG	A	1.39%
CACI	D	1.39%
FLS	B	1.39%
AM	A	1.35%
OGE	B	1.34%
AFG	A	1.32%
RPM	A	1.32%
GGG	B	1.32%
USFD	A	1.31%
ADC	B	1.29%
ACM	A	1.28%
NJR	A	1.28%
AMG	B	1.28%
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%
AMH	D	1.19%
POST	C	1.19%
EPR	D	1.18%
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%
SBRA	C	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%
NNN	D	1.09%
CDP	C	1.08%
AVT	C	1.08%
FR	C	1.07%
MUSA	A	1.07%
MSA	D	1.07%
NEU	C	1.04%
STAG	F	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 35 Positions Relative to WBIF

Symbol	Grade	Weight
WRB	A	-4.74%
UHS	D	-4.68%
FIX	A	-4.58%
KBH	D	-4.54%
NXST	C	-4.43%
V	A	-4.26%
CI	F	-4.26%
DKS	C	-4.24%
PRU	A	-4.14%
ACN	C	-3.98%
MCK	B	-3.93%
AMAT	F	-3.55%
OXY	D	-2.81%
PHM	D	-2.6%
MMC	B	-2.12%
CF	B	-1.86%
ADP	B	-1.53%
AXP	A	-1.53%
AME	A	-1.46%
PAYX	C	-1.39%
BR	A	-1.36%
CASY	A	-1.28%
RMD	C	-1.23%
FLTR	A	-0.76%
FALN	B	-0.75%
AGZD	A	-0.75%
FTSL	B	-0.69%
ALSN	B	-0.67%
GL	B	-0.55%
STIP	C	-0.54%
TOL	B	-0.54%
ALLE	D	-0.53%
CBT	C	-0.53%
DOX	D	-0.52%
BKLN	A	-0.32%