XSHQ vs. KBWP ETF Comparison

Comparison of PowerShares S&P SmallCap Quality Portfolio (XSHQ) to PowerShares KBW Property & Casualty Insurance Portfolio ETF (KBWP)

XSHQ

PowerShares S&P SmallCap Quality Portfolio

XSHQ Description

The PowerShares S&P SmallCap Quality Portfolio (the "Fund") is based on the S&P SmallCap 600 Quality Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is composed of 120 securities in the S&P SmallCap 600 Index that have the highest quality score, which is calculated based on the average of three fundamental measures: return on equity, accruals ratio and financial leverage ratio. The Fund and the Index are rebalanced and reconstituted semi-annually on the third Friday of June and December.

Grade (RS Rating)

Last Trade

$46.09

Average Daily Volume

59,217

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

KBWP

PowerShares KBW Property & Casualty Insurance Portfolio ETF

KBWP Description

The PowerShares KBW Property & Casualty Insurance Portfolio (Fund) is based on the KBW Property & Casualty Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index. The Index is a modified market capitalization weighted index that seeks to reflect the performance of approximately 24 property and casualty insurance companies. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$123.33

Average Daily Volume

60,144

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XSHQ	KBWP
30 Days	6.69%	4.91%
60 Days	7.76%	7.11%
90 Days	9.41%	10.22%
12 Months	28.24%	38.12%

1 Overlapping Holdings

	Symbol	Grade	Weight in XSHQ	Weight in KBWP	Overlap
	MCY	A	0.54%	3.52%	0.54%

XSHQ Overweight 113 Positions Relative to KBWP

Symbol	Grade	Weight
MLI	B	4.25%
JXN	C	3.19%
AWI	A	2.57%
KTB	B	2.13%
APAM	B	2.07%
BMI	B	1.98%
PJT	A	1.92%
CORT	B	1.92%
ALKS	C	1.92%
JBT	B	1.8%
IBP	D	1.74%
LNC	C	1.71%
BCC	B	1.64%
FSS	B	1.6%
FTDR	B	1.58%
WDFC	B	1.58%
SIG	B	1.51%
BCPC	B	1.46%
POWL	C	1.44%
CEIX	A	1.4%
SM	B	1.36%
RDN	D	1.33%
IDCC	B	1.33%
AX	B	1.32%
MHO	D	1.3%
FELE	B	1.26%
CRVL	B	1.24%
AGO	B	1.21%
CNS	B	1.2%
ASO	F	1.15%
FBP	C	1.14%
AGYS	A	1.14%
TBBK	B	1.11%
GMS	B	1.1%
BRC	D	1.08%
AMR	C	1.06%
ARCH	B	1.05%
DORM	B	1.03%
HP	C	1.02%
CATY	B	0.98%
AEO	F	0.98%
NMIH	C	0.94%
OTTR	C	0.89%
LCII	C	0.85%
EPAC	C	0.85%
PAYO	A	0.84%
SHOO	F	0.84%
UE	B	0.81%
PATK	C	0.79%
PLMR	A	0.78%
IOSP	C	0.77%
CASH	B	0.74%
ROCK	C	0.71%
APOG	C	0.7%
BKE	B	0.7%
YELP	C	0.7%
OFG	B	0.61%
IPAR	B	0.61%
SXI	B	0.6%
PRG	C	0.59%
HWKN	B	0.58%
WOR	F	0.58%
CENX	B	0.58%
DFIN	D	0.56%
ANDE	D	0.55%
CHCO	B	0.54%
TNC	D	0.54%
WS	C	0.53%
WABC	B	0.52%
CENTA	C	0.52%
KLG	B	0.52%
BANF	B	0.51%
LKFN	C	0.51%
ASTH	F	0.5%
GIII	D	0.49%
NHC	C	0.48%
AMWD	C	0.47%
GRBK	D	0.47%
FIZZ	C	0.45%
CSGS	B	0.44%
WT	A	0.44%
PLAB	C	0.43%
DNOW	B	0.43%
VRTS	B	0.43%
PDCO	F	0.43%
TILE	B	0.42%
ATEN	A	0.42%
AMSF	B	0.41%
PFBC	B	0.4%
GDEN	B	0.39%
STAA	F	0.39%
COLL	F	0.38%
LNN	B	0.37%
HRMY	D	0.37%
CAL	F	0.36%
EIG	B	0.36%
WNC	C	0.35%
MCRI	A	0.35%
OXM	F	0.35%
HCI	C	0.31%
LPG	F	0.31%
JBSS	F	0.29%
REX	D	0.27%
MNRO	D	0.23%
PCRX	C	0.22%
IIIN	C	0.22%
CVI	F	0.18%
LQDT	B	0.16%
SLP	D	0.14%
RES	D	0.13%
GES	F	0.12%
NPK	B	0.11%
USNA	C	0.11%

XSHQ Underweight 23 Positions Relative to KBWP

Symbol	Grade	Weight
TRV	B	-8.62%
ALL	A	-7.94%
PGR	A	-7.83%
CB	C	-7.74%
AIG	B	-7.54%
RLI	A	-4.35%
THG	A	-4.23%
AIZ	A	-4.21%
CINF	A	-4.18%
SIGI	C	-4.17%
AXS	A	-4.08%
AFG	A	-4.07%
KMPR	A	-3.94%
RNR	C	-3.86%
HIG	B	-3.84%
WRB	A	-3.83%
EG	C	-3.58%
ACGL	C	-3.39%
SPNT	B	-2.17%
HMN	B	-1.44%
PRA	C	-0.74%
UVE	B	-0.55%
JRVR	F	-0.15%