XSHQ vs. SIXS ETF Comparison

Comparison of PowerShares S&P SmallCap Quality Portfolio (XSHQ) to 6 Meridian Small Cap Equity ETF (SIXS)

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

$46.79

Average Daily Volume

59,139

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

SIXS

6 Meridian Small Cap Equity ETF

SIXS Description

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in small-capitalization equity securities. The Sub-Adviser considers small-capitalization companies to be the smallest 75% of stocks included in the Russell 3000 Index by market capitalization. Although it invests primarily in small-capitalization securities, the fund may invest in equity securities of companies of any capitalization. The equity securities in which it invests are mainly common stocks.

Grade (RS Rating)

Last Trade

$52.01

Average Daily Volume

2,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XSHQ	SIXS
30 Days	9.25%	7.89%
60 Days	9.27%	6.93%
90 Days	11.08%	6.21%
12 Months	30.19%	20.47%

31 Overlapping Holdings

Symbol	Grade	Weight in XSHQ	Weight in SIXS	Overlap
AGO	B	1.21%	2.52%	1.21%
AMR	C	1.06%	1.28%	1.06%
AMSF	B	0.41%	1.27%	0.41%
ANDE	D	0.55%	1.06%	0.55%
ATEN	B	0.42%	1.31%	0.42%
AX	A	1.32%	1.3%	1.3%
BKE	B	0.7%	1.22%	0.7%
BRC	D	1.08%	1.05%	1.05%
CEIX	A	1.4%	1.46%	1.4%
COLL	F	0.38%	1.68%	0.38%
CVI	F	0.18%	0.9%	0.18%
DNOW	B	0.43%	1.27%	0.43%
EIG	B	0.36%	1.19%	0.36%
FIZZ	C	0.45%	1.13%	0.45%
GDEN	B	0.39%	1.1%	0.39%
GIII	D	0.49%	1.04%	0.49%
HCI	C	0.31%	2.35%	0.31%
HP	B	1.02%	1.18%	1.02%
JBSS	D	0.29%	0.93%	0.29%
LPG	F	0.31%	0.79%	0.31%
MCY	A	0.54%	1.25%	0.54%
MHO	D	1.3%	1.06%	1.06%
NPK	B	0.11%	1.09%	0.11%
PFBC	B	0.4%	1.26%	0.4%
PLAB	C	0.43%	1.12%	0.43%
RDN	C	1.33%	1.04%	1.04%
RES	D	0.13%	1.06%	0.13%
REX	D	0.27%	1.17%	0.27%
SM	B	1.36%	1.16%	1.16%
VRTS	B	0.43%	1.25%	0.43%
WNC	C	0.35%	1.08%	0.35%

XSHQ Overweight 83 Positions Relative to SIXS

Symbol	Grade	Weight
MLI	C	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	B	1.92%
JBT	B	1.8%
IBP	D	1.74%
LNC	B	1.71%
BCC	B	1.64%
FSS	B	1.6%
FTDR	A	1.58%
WDFC	B	1.58%
SIG	B	1.51%
BCPC	B	1.46%
POWL	C	1.44%
IDCC	A	1.33%
FELE	B	1.26%
CRVL	A	1.24%
CNS	B	1.2%
ASO	F	1.15%
FBP	B	1.14%
AGYS	A	1.14%
TBBK	B	1.11%
GMS	B	1.1%
ARCH	B	1.05%
DORM	B	1.03%
CATY	B	0.98%
AEO	F	0.98%
NMIH	D	0.94%
OTTR	C	0.89%
LCII	C	0.85%
EPAC	B	0.85%
PAYO	A	0.84%
SHOO	D	0.84%
UE	C	0.81%
PATK	D	0.79%
PLMR	B	0.78%
IOSP	B	0.77%
CASH	A	0.74%
ROCK	C	0.71%
APOG	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%
CHCO	B	0.54%
TNC	D	0.54%
WS	B	0.53%
WABC	B	0.52%
CENTA	C	0.52%
KLG	C	0.52%
BANF	B	0.51%
LKFN	B	0.51%
ASTH	D	0.5%
NHC	C	0.48%
AMWD	C	0.47%
GRBK	D	0.47%
CSGS	B	0.44%
WT	B	0.44%
PDCO	D	0.43%
TILE	B	0.42%
STAA	F	0.39%
LNN	B	0.37%
HRMY	D	0.37%
CAL	D	0.36%
MCRI	A	0.35%
OXM	D	0.35%
MNRO	D	0.23%
PCRX	C	0.22%
IIIN	C	0.22%
LQDT	B	0.16%
SLP	D	0.14%
GES	F	0.12%
USNA	C	0.11%

XSHQ Underweight 50 Positions Relative to SIXS

Symbol	Grade	Weight
CALM	A	-2.95%
PRDO	B	-2.65%
INVA	D	-2.11%
HCC	B	-1.34%
LRN	A	-1.34%
ENVA	B	-1.33%
HSII	B	-1.31%
ATGE	B	-1.3%
MGEE	C	-1.29%
VIRT	B	-1.23%
HMN	B	-1.23%
PRGS	A	-1.23%
AMBC	C	-1.23%
FDP	B	-1.22%
SMPL	B	-1.21%
CUBI	C	-1.19%
PINC	B	-1.18%
RAMP	C	-1.18%
PBH	A	-1.17%
DVAX	C	-1.16%
HSTM	B	-1.16%
MMSI	B	-1.15%
MSGS	A	-1.15%
ZEUS	C	-1.14%
PUMP	B	-1.14%
AWR	B	-1.12%
BOX	B	-1.11%
SCSC	B	-1.11%
SPNT	A	-1.11%
LTC	B	-1.11%
TR	B	-1.11%
EZPW	A	-1.09%
BFH	B	-1.09%
MOV	C	-1.08%
SAFT	C	-1.08%
GTY	B	-1.08%
WRLD	C	-1.07%
JJSF	B	-1.06%
WKC	D	-1.06%
ENSG	D	-1.02%
PMT	D	-1.01%
MTUS	C	-1.01%
DXC	B	-1.0%
LBRT	D	-0.99%
RGR	F	-0.99%
CLW	F	-0.88%
SPTN	D	-0.88%
NABL	F	-0.87%
THS	D	-0.83%
OGN	D	-0.76%