XSLV vs. AFSM ETF Comparison

Comparison of PowerShares S&P SmallCap Low Volatility Portfolio (XSLV) to Active Factor Small Cap ETF (AFSM)

XSLV

PowerShares S&P SmallCap Low Volatility Portfolio

XSLV Description

The PowerShares S&P SmallCap Low Volatility Portfolio (Fund) is based on the S&P SmallCap 600 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 120 out of 600 small-capitalization range securities from the S&P SmallCap 600 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

$43.09

Average Daily Volume

20,812

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.96

Average Daily Volume

1,539

Number of Holdings ^*

304

* may have additional holdings in another (foreign) market

Performance

Period	XSLV	AFSM
30 Days	-1.21%	-3.67%
60 Days	1.19%	-0.57%
90 Days	-1.77%	-3.73%
12 Months	11.36%	16.19%

30 Overlapping Holdings

Symbol	Grade	Weight in XSLV	Weight in AFSM	Overlap
ADUS	A	0.83%	0.44%	0.44%
APOG	D	0.74%	0.31%	0.31%
BHE	C	0.79%	0.26%	0.26%
BRC	B	1.05%	0.16%	0.16%
CALM	B	0.76%	0.3%	0.3%
CHCO	C	0.83%	0.51%	0.51%
CNXN	D	0.86%	0.36%	0.36%
COOP	C	0.84%	0.65%	0.65%
CRVL	C	0.75%	0.55%	0.55%
CTRE	C	1.08%	0.06%	0.06%
DFIN	C	0.74%	0.49%	0.49%
EIG	C	1.06%	0.11%	0.11%
FDP	D	0.68%	0.45%	0.45%
GMS	D	0.77%	0.62%	0.62%
HUBG	B	0.82%	0.28%	0.28%
IDCC	B	0.82%	0.89%	0.82%
INVA	B	0.97%	0.11%	0.11%
KELYA	C	0.66%	0.25%	0.25%
NAVI	F	0.69%	0.2%	0.2%
NHC	A	0.94%	0.87%	0.87%
NMIH	B	0.91%	0.57%	0.57%
NSIT	B	1.04%	0.42%	0.42%
OSIS	D	0.76%	0.25%	0.25%
PIPR	A	0.79%	0.18%	0.18%
PRGS	F	0.91%	0.32%	0.32%
RDN	B	0.91%	0.74%	0.74%
SKT	D	0.82%	0.27%	0.27%
SMP	F	0.63%	0.21%	0.21%
TNC	D	0.8%	0.46%	0.46%
WABC	D	0.71%	0.2%	0.2%

XSLV Overweight 86 Positions Relative to AFSM

Symbol	Grade	Weight
LTC	B	1.14%
MCS	C	1.09%
ENSG	B	1.06%
FCPT	B	1.03%
MCRI	C	1.02%
EPRT	B	1.01%
GTY	D	0.99%
JJSF	B	0.97%
PECO	C	0.95%
TR	C	0.94%
SAFT	D	0.93%
KFY	B	0.92%
IOSP	D	0.92%
EFC	B	0.92%
AWR	D	0.91%
ALEX	B	0.91%
PBH	C	0.9%
APLE	D	0.9%
BCPC	B	0.9%
LXP	B	0.89%
AMSF	F	0.89%
WSR	B	0.89%
AGO	C	0.89%
VRRM	B	0.88%
EPC	B	0.88%
FELE	D	0.88%
SITC	B	0.88%
SHO	D	0.88%
FUL	C	0.87%
SJW	F	0.87%
UE	A	0.87%
NABL	A	0.86%
MTX	B	0.86%
UTL	D	0.86%
NPK	D	0.85%
SHOO	B	0.84%
FSS	D	0.84%
AVA	D	0.84%
MRTN	C	0.83%
AWI	D	0.83%
CPK	D	0.83%
FIZZ	B	0.83%
PJT	B	0.83%
ESE	D	0.82%
AKR	B	0.82%
UNF	F	0.82%
CWT	D	0.82%
HTLD	C	0.82%
BFS	D	0.82%
HSTM	B	0.82%
PLXS	C	0.81%
PSMT	C	0.81%
HMN	D	0.81%
RGR	F	0.8%
MSGS	C	0.8%
AHH	C	0.8%
ROIC	D	0.8%
CHCT	F	0.79%
ACA	C	0.79%
UHT	C	0.79%
DRH	D	0.78%
AL	C	0.78%
AIN	D	0.77%
NWN	F	0.77%
JBSS	D	0.77%
EPAC	B	0.76%
SXT	C	0.76%
UVV	D	0.75%
CSR	B	0.75%
BOX	D	0.75%
SPTN	F	0.74%
NWBI	C	0.73%
EVTC	D	0.73%
STC	D	0.73%
BSIG	D	0.73%
AIR	C	0.73%
SCL	D	0.72%
HNI	C	0.72%
RGP	D	0.71%
MGEE	D	0.71%
RUSHA	D	0.71%
MGY	C	0.7%
CLDT	F	0.7%
HTH	D	0.69%
KAR	C	0.68%
MYE	F	0.63%

XSLV Underweight 274 Positions Relative to AFSM

Symbol	Grade	Weight
ANF	C	-1.26%
SKYW	B	-1.16%
TNK	B	-1.13%
BCC	D	-1.01%
ALKS	D	-0.89%
ESGR	B	-0.89%
FIX	C	-0.86%
MOD	C	-0.81%
EME	B	-0.8%
PFBC	D	-0.8%
ELF	B	-0.78%
MTG	B	-0.72%
WFRD	C	-0.71%
PLAB	F	-0.7%
CPRX	D	-0.7%
MLI	C	-0.67%
MHO	C	-0.67%
UVE	C	-0.67%
STRL	C	-0.67%
ARCH	D	-0.65%
MUSA	A	-0.65%
VRNT	C	-0.64%
SANM	B	-0.64%
UFPT	B	-0.63%
TMHC	D	-0.62%
AROC	C	-0.62%
BMI	C	-0.62%
NTB	B	-0.6%
LPG	C	-0.6%
GMED	A	-0.59%
APPF	B	-0.59%
CEIX	B	-0.59%
DDS	C	-0.58%
AMR	F	-0.57%
REZI	D	-0.56%
ATKR	F	-0.56%
OFG	C	-0.55%
BRBR	C	-0.54%
SLG	B	-0.54%
DAKT	C	-0.54%
PLUS	D	-0.53%
TEX	D	-0.53%
HSII	C	-0.52%
BTU	D	-0.52%
PBF	D	-0.52%
ACT	C	-0.51%
BXC	F	-0.51%
ODP	F	-0.51%
MCY	C	-0.51%
M	C	-0.51%
LNTH	B	-0.5%
EVER	D	-0.5%
KBH	B	-0.5%
BELFB	C	-0.5%
TBBK	C	-0.49%
SUPN	F	-0.48%
AMWD	F	-0.48%
WNC	D	-0.48%
RMR	D	-0.47%
PRK	B	-0.47%
CAL	D	-0.46%
PRDO	D	-0.45%
STBA	C	-0.45%
DOLE	C	-0.45%
TGNA	D	-0.45%
HIMS	C	-0.45%
RXST	D	-0.44%
ONTO	B	-0.44%
BPMC	B	-0.44%
ANIP	C	-0.43%
PINC	F	-0.43%
HDSN	F	-0.41%
SIG	D	-0.41%
ASC	B	-0.4%
POWL	C	-0.4%
ESNT	B	-0.4%
NUS	F	-0.4%
YMAB	D	-0.4%
SPNS	B	-0.4%
CCRN	F	-0.4%
INMD	F	-0.4%
IIPR	B	-0.39%
EGBN	D	-0.38%
AMKR	B	-0.36%
CWCO	F	-0.36%
OSCR	D	-0.35%
MTH	D	-0.35%
CBZ	D	-0.35%
BDC	B	-0.35%
CRAI	B	-0.35%
ASO	F	-0.35%
SCS	C	-0.34%
ALRM	D	-0.34%
GNK	C	-0.34%
HRMY	C	-0.34%
TWI	F	-0.34%
CRS	B	-0.34%
SLVM	B	-0.34%
MEDP	B	-0.34%
CVLT	A	-0.33%
LOPE	D	-0.33%
OTTR	D	-0.33%
SFM	A	-0.33%
FBP	B	-0.32%
LGND	C	-0.32%
CORT	B	-0.32%
MATX	A	-0.32%
INSW	B	-0.32%
VNDA	B	-0.32%
HIW	B	-0.32%
DNOW	C	-0.31%
CMC	C	-0.31%
JXN	B	-0.3%
PSN	B	-0.3%
PRMW	C	-0.3%
IBOC	C	-0.3%
SSD	D	-0.3%
DXC	C	-0.29%
LRN	B	-0.29%
XRX	F	-0.29%
AZZ	C	-0.29%
UCTT	B	-0.29%
PDM	B	-0.29%
NHI	B	-0.29%
GRBK	B	-0.29%
AVNS	F	-0.29%
YOU	B	-0.29%
COKE	A	-0.29%
HWKN	A	-0.29%
HCC	D	-0.29%
WTS	D	-0.29%
MOG.A	C	-0.29%
GEO	C	-0.29%
RDNT	C	-0.29%
ANDE	D	-0.28%
SFL	C	-0.28%
STRA	D	-0.28%
BNL	B	-0.28%
HY	C	-0.27%
CLW	B	-0.27%
GIII	D	-0.27%
ABG	C	-0.27%
STNG	A	-0.27%
QTWO	C	-0.27%
BKE	C	-0.27%
CASH	B	-0.27%
AMRK	C	-0.27%
MED	F	-0.27%
TILE	D	-0.26%
NSSC	B	-0.26%
BKH	C	-0.26%
ITCI	B	-0.26%
CUZ	D	-0.26%
QLYS	D	-0.25%
ADNT	F	-0.25%
ENS	C	-0.25%
TCMD	F	-0.25%
IMKTA	F	-0.25%
HURN	C	-0.25%
PCRX	D	-0.25%
HLX	C	-0.25%
HAE	D	-0.25%
VSH	F	-0.25%
PRG	B	-0.25%
SBRA	A	-0.25%
MAC	D	-0.25%
HRB	A	-0.25%
AMPH	D	-0.25%
GOGL	C	-0.24%
THFF	D	-0.24%
DHT	C	-0.24%
KN	B	-0.24%
BLBD	B	-0.24%
CMPR	D	-0.24%
SXC	D	-0.24%
HCI	D	-0.24%
OPCH	D	-0.23%
TMDX	B	-0.23%
PFS	F	-0.23%
RAMP	D	-0.23%
WINA	C	-0.23%
NX	F	-0.23%
PK	D	-0.23%
NTCT	F	-0.22%
LMAT	B	-0.22%
MD	D	-0.21%
KFRC	D	-0.21%
GES	F	-0.21%
BKU	C	-0.21%
PI	C	-0.21%
SD	D	-0.21%
SBH	F	-0.2%
MOV	D	-0.2%
MRVI	F	-0.2%
ZETA	B	-0.2%
HOV	D	-0.19%
IDYA	D	-0.19%
KNSA	C	-0.19%
DFH	F	-0.18%
SGBX	F	-0.18%
CVNA	A	-0.18%
EXTR	C	-0.18%
KRC	F	-0.18%
CHRD	C	-0.17%
AXSM	B	-0.17%
SIGA	C	-0.17%
TWST	C	-0.16%
CLSK	C	-0.16%
INTA	C	-0.16%
NVST	F	-0.16%
SCSC	D	-0.15%
MAX	D	-0.15%
TPC	B	-0.15%
LQDA	D	-0.15%
PARR	F	-0.15%
TARS	D	-0.13%
CGEM	D	-0.13%
BASE	D	-0.13%
CECO	B	-0.13%
AMCX	F	-0.13%
VCTR	C	-0.12%
AYI	D	-0.12%
AIT	C	-0.11%
ASTH	C	-0.11%
CSGS	F	-0.11%
ROCK	D	-0.1%
ALKT	C	-0.1%
GFF	D	-0.1%
SPSC	B	-0.1%
AMN	F	-0.09%
KRYS	B	-0.09%
KSS	C	-0.09%
OMI	F	-0.09%
MLKN	D	-0.09%
VGR	B	-0.09%
CSWI	B	-0.08%
WGO	F	-0.08%
YEXT	F	-0.08%
JWN	C	-0.07%
FORM	B	-0.07%
TPH	D	-0.07%
TGTX	B	-0.07%
KTB	B	-0.07%
QTRX	F	-0.07%
VSTO	C	-0.06%
JBI	D	-0.06%
ALXO	F	-0.06%
CTS	B	-0.06%
KAI	B	-0.06%
HALO	A	-0.06%
ETD	D	-0.05%
LBRT	D	-0.05%
VCEL	C	-0.05%
OGS	D	-0.05%
PGNY	F	-0.05%
VITL	A	-0.05%
IESC	C	-0.05%
ATEN	D	-0.05%
ASGN	D	-0.05%
TDC	D	-0.05%
APAM	C	-0.05%
COLL	D	-0.05%
SWX	C	-0.05%
ZEUS	F	-0.04%
PHR	D	-0.04%
ACLS	B	-0.04%
EOLS	F	-0.04%
HE	F	-0.04%
SEMR	D	-0.04%
RYI	F	-0.03%
EMBC	C	-0.03%
SWI	B	-0.03%
EYPT	F	-0.01%
MITK	D	-0.0%