XRLV vs. FLCO ETF Comparison

Comparison of PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio (XRLV) to Franklin Liberty Investment Grade Corporate ETF (FLCO)

XRLV

PowerShares S&P 500 ex-Rate Sensitive Low Volatility Portfolio

XRLV Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Low Volatility Rate Response Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.81

Average Daily Volume

1,008

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLCO

Franklin Liberty Investment Grade Corporate ETF

FLCO Description

The fund seeks to provide a high level of current income as is consistent with prudent investing, while seeking preservation of capital, by investing at least 80% of its net assets in investment grade corporate debt securities and investments. The Fund may invest up to 40% of its net assets in foreign securities, including those in developing markets, and up to 15% of its net assets in non-U.S. dollar denominated securities.

Grade (RS Rating)

Last Trade

$22.17

Average Daily Volume

212,220

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XRLV	FLCO
30 Days	2.27%	1.57%
60 Days	6.44%	4.94%
90 Days	8.56%	5.48%
12 Months	19.67%	13.00%

7 Overlapping Holdings

Symbol	Grade	Weight in XRLV	Weight in FLCO	Overlap
ABBV	C	0.92%	0.92%	0.92%
AFL	C	0.95%	0.79%	0.79%
DUK	B	1.02%	0.51%	0.51%
LMT	B	0.98%	0.48%	0.48%
MET	A	0.98%	0.61%	0.61%
STZ	D	0.95%	0.29%	0.29%
WMB	B	1.0%	0.3%	0.3%

XRLV Overweight 90 Positions Relative to FLCO

Symbol	Grade	Weight
BRK.A	C	1.4%
KO	B	1.33%
TMUS	C	1.28%
V	C	1.27%
RSG	D	1.23%
MMC	C	1.21%
CL	C	1.2%
L	D	1.19%
PG	C	1.18%
WMT	B	1.16%
TJX	C	1.15%
MA	B	1.15%
JNJ	C	1.11%
LIN	B	1.11%
MCD	B	1.09%
PM	C	1.08%
HON	D	1.08%
ROP	C	1.08%
ITW	C	1.07%
ATO	B	1.07%
CB	B	1.07%
AVY	D	1.05%
BK	A	1.05%
CME	C	1.05%
MSI	B	1.04%
HIG	B	1.03%
REGN	C	1.03%
MDLZ	C	1.03%
PEP	D	1.02%
UNP	C	1.02%
AMP	B	1.01%
KMI	A	1.01%
YUM	F	1.01%
GD	B	1.0%
ADP	B	1.0%
CSCO	B	0.99%
KDP	B	0.98%
JPM	D	0.98%
PPL	B	0.98%
OKE	B	0.98%
AJG	D	0.98%
CTAS	C	0.98%
AME	C	0.98%
MDT	C	0.97%
CHD	C	0.97%
PRU	C	0.97%
VRSN	D	0.96%
ED	C	0.96%
AVB	C	0.96%
KMB	D	0.96%
WELL	C	0.96%
WM	D	0.96%
SO	A	0.96%
ETR	A	0.95%
PAYX	C	0.95%
PFG	B	0.95%
FE	C	0.95%
ABT	C	0.95%
PEG	A	0.95%
CMS	B	0.95%
PKG	B	0.95%
AIG	D	0.95%
DRI	B	0.95%
IEX	D	0.95%
CSX	D	0.94%
SRE	B	0.94%
MO	C	0.94%
LNT	B	0.94%
BRO	C	0.93%
ECL	A	0.93%
OMC	B	0.93%
PPG	D	0.92%
NI	B	0.92%
GIS	B	0.92%
WEC	B	0.92%
HLT	B	0.91%
DGX	C	0.91%
EA	D	0.9%
ELV	C	0.9%
LYB	F	0.89%
CBOE	C	0.89%
BR	D	0.89%
HOLX	C	0.89%
JKHY	C	0.89%
EVRG	B	0.88%
VRSK	D	0.88%
SYY	D	0.88%
BDX	F	0.86%
DOW	D	0.84%
MCK	F	0.77%

XRLV Underweight 46 Positions Relative to FLCO

Symbol	Grade	Weight
BAC	D	-2.39%
CAF	F	-1.87%
LVS	D	-1.81%
VZ	B	-1.64%
BA	F	-1.38%
BABA	B	-1.24%
GJS	A	-1.13%
EXC	B	-1.11%
TAK	C	-1.02%
CI	C	-0.96%
PNC	A	-0.93%
NOW	A	-0.92%
CARR	B	-0.9%
HCA	A	-0.88%
FDX	F	-0.86%
AAPL	C	-0.85%
CMCSA	D	-0.82%
MHK	C	-0.8%
TFC	D	-0.77%
C	D	-0.75%
ET	B	-0.73%
UNH	C	-0.72%
AL	D	-0.68%
NOC	A	-0.66%
GPJA	B	-0.63%
ACGL	B	-0.61%
CF	C	-0.6%
KR	C	-0.6%
AMZN	C	-0.6%
JBL	D	-0.58%
JWN	B	-0.57%
FLEX	C	-0.56%
XOM	D	-0.55%
NWG	C	-0.54%
HII	D	-0.49%
AON	B	-0.49%
DLTR	F	-0.46%
CVX	D	-0.44%
GPJA	B	-0.4%
RPRX	D	-0.4%
ALL	B	-0.38%
AZO	D	-0.37%
MSFT	C	-0.35%
PSX	D	-0.35%
DHI	C	-0.33%
DVN	D	-0.31%