XSLV vs. HSMV ETF Comparison

Comparison of PowerShares S&P SmallCap Low Volatility Portfolio (XSLV) to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV)

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

$43.22

Average Daily Volume

22,313

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

HSMV

First Trust Horizon Managed Volatility Small/Mid ETF

HSMV Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in small- and/or mid-capitalization common stocks listed and traded on U.S. national securities exchanges that Sub-Advisor believes exhibit low future expected volatility. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.16

Average Daily Volume

1,258

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	XSLV	HSMV
30 Days	0.35%	-0.58%
60 Days	0.05%	0.77%
90 Days	1.40%	3.97%
12 Months	13.21%	11.45%

37 Overlapping Holdings

Symbol	Grade	Weight in XSLV	Weight in HSMV	Overlap
AGO	D	0.82%	0.56%	0.56%
AIN	F	0.74%	0.49%	0.49%
AIR	B	0.86%	0.48%	0.48%
AVA	B	1.03%	0.53%	0.53%
AWR	C	0.93%	0.45%	0.45%
BCPC	C	0.87%	0.51%	0.51%
COOP	A	0.87%	0.57%	0.57%
CPK	B	0.97%	0.54%	0.54%
CTRE	B	1.23%	0.55%	0.55%
CWT	B	0.94%	0.46%	0.46%
EFC	C	0.88%	0.47%	0.47%
ENSG	D	1.02%	0.55%	0.55%
EPC	B	0.82%	0.6%	0.6%
EPRT	A	1.04%	0.54%	0.54%
EVTC	F	0.78%	0.5%	0.5%
FCPT	C	1.08%	0.49%	0.49%
FELE	D	0.91%	0.56%	0.56%
FSS	C	0.81%	0.58%	0.58%
GTY	C	1.02%	0.49%	0.49%
IDCC	C	0.78%	0.46%	0.46%
INVA	B	0.83%	0.5%	0.5%
JJSF	F	0.97%	0.43%	0.43%
KFY	D	0.89%	0.63%	0.63%
LXP	D	0.83%	0.49%	0.49%
MOG.A	A	0.8%	0.35%	0.35%
MSGS	B	0.8%	0.55%	0.55%
NMIH	A	0.9%	0.55%	0.55%
NSIT	A	0.78%	0.53%	0.53%
PBH	D	1.11%	0.61%	0.61%
PECO	D	0.9%	0.47%	0.47%
PLXS	B	0.92%	0.49%	0.49%
PRGS	F	0.8%	0.49%	0.49%
RDN	C	0.99%	0.57%	0.57%
ROIC	D	0.7%	0.36%	0.36%
TNC	D	0.86%	0.67%	0.67%
UNF	F	0.81%	0.48%	0.48%
VRRM	A	1.01%	0.56%	0.56%

XSLV Overweight 79 Positions Relative to HSMV

Symbol	Grade	Weight
LTC	A	1.13%
NWN	B	1.02%
CSR	A	1.01%
EIG	D	1.0%
UTL	B	0.99%
AMSF	F	0.99%
STRA	A	0.99%
BMI	A	0.96%
NPK	A	0.95%
MCS	F	0.94%
SAFT	C	0.93%
HMN	A	0.93%
SXT	A	0.92%
AWI	D	0.92%
EZPW	C	0.91%
APOG	A	0.91%
IOSP	C	0.9%
BRC	B	0.9%
MCRI	C	0.9%
ALEX	C	0.88%
UVV	B	0.88%
TR	F	0.88%
CHCO	B	0.87%
AZZ	C	0.87%
SJW	D	0.87%
CHCT	F	0.86%
PSMT	A	0.84%
RGR	C	0.84%
SXI	C	0.84%
SKT	D	0.84%
NHC	D	0.83%
ESE	B	0.83%
CRVL	C	0.83%
BHE	A	0.83%
JBSS	F	0.8%
UHT	D	0.8%
PIPR	A	0.8%
FUL	C	0.8%
CTS	A	0.8%
HSTM	B	0.8%
APLE	F	0.79%
SITC	C	0.78%
FDP	D	0.78%
UE	B	0.77%
SHO	D	0.77%
SMPL	B	0.77%
CENTA	C	0.77%
XHR	B	0.77%
BFS	F	0.77%
PJT	C	0.76%
ROG	C	0.76%
FIZZ	D	0.75%
AKR	B	0.75%
CSGS	F	0.75%
MSEX	D	0.74%
NAVI	D	0.73%
AMBC	D	0.72%
DRH	D	0.72%
WSR	D	0.72%
OSIS	C	0.72%
AHH	C	0.72%
MRTN	D	0.72%
PINC	F	0.71%
CNXN	D	0.71%
CRC	F	0.71%
APAM	D	0.71%
SHOO	D	0.71%
DEA	C	0.71%
HUBG	C	0.7%
SMP	C	0.69%
RUSHA	D	0.69%
RGP	D	0.69%
THS	D	0.68%
SCL	D	0.68%
YELP	C	0.67%
VIAV	F	0.65%
NWBI	C	0.65%
HTLD	F	0.63%
CLDT	F	0.62%

XSLV Underweight 159 Positions Relative to HSMV

Symbol	Grade	Weight
EME	A	-0.83%
TXRH	A	-0.69%
NBIX	A	-0.67%
KEX	A	-0.67%
MDU	A	-0.65%
EHC	A	-0.65%
BWXT	D	-0.64%
KBR	A	-0.63%
CACI	A	-0.63%
DTM	B	-0.63%
POST	C	-0.63%
CVLT	A	-0.63%
SWX	A	-0.62%
TTEK	A	-0.61%
WU	C	-0.61%
RGA	A	-0.61%
MUSA	D	-0.61%
LANC	D	-0.6%
RS	D	-0.6%
BJ	C	-0.6%
VVV	B	-0.6%
RLI	D	-0.6%
USFD	C	-0.6%
CW	A	-0.6%
VNT	D	-0.6%
MSA	D	-0.6%
AIRC	A	-0.6%
CASY	B	-0.6%
ITT	D	-0.59%
ARW	B	-0.59%
EXP	B	-0.58%
LECO	D	-0.58%
DCI	B	-0.58%
AM	A	-0.58%
ATR	A	-0.58%
FLO	B	-0.58%
GPK	C	-0.58%
ASH	A	-0.58%
CLH	A	-0.57%
SF	A	-0.57%
MAN	B	-0.57%
SBRA	B	-0.57%
NFG	A	-0.57%
GNTX	D	-0.57%
SNX	A	-0.57%
GATX	C	-0.56%
R	A	-0.56%
PRI	D	-0.56%
INGR	C	-0.56%
AFG	D	-0.56%
THG	A	-0.56%
SCI	D	-0.56%
SEIC	C	-0.55%
GGG	D	-0.55%
JEF	B	-0.55%
MTG	C	-0.55%
FLS	A	-0.55%
CHE	F	-0.55%
CUBE	D	-0.55%
CHH	D	-0.55%
OGS	B	-0.54%
NYT	B	-0.54%
FNF	A	-0.54%
SAIC	D	-0.54%
ORI	A	-0.54%
HRB	D	-0.54%
FHI	F	-0.54%
ESNT	D	-0.54%
BLKB	B	-0.53%
SFM	A	-0.53%
POR	B	-0.53%
ACM	A	-0.53%
SON	D	-0.53%
PFGC	D	-0.53%
SIGI	F	-0.53%
NWE	B	-0.52%
OHI	A	-0.52%
ALE	A	-0.52%
BKH	B	-0.52%
NJR	B	-0.52%
WTS	C	-0.52%
AVT	A	-0.52%
WTRG	B	-0.52%
OGE	A	-0.51%
AMG	C	-0.51%
NNN	A	-0.51%
COLM	B	-0.51%
MMS	C	-0.51%
SR	B	-0.51%
UTHR	A	-0.51%
WEN	B	-0.51%
ADC	B	-0.5%
CNO	A	-0.5%
IDA	B	-0.5%
G	D	-0.5%
LOPE	C	-0.49%
FAF	F	-0.49%
DLB	D	-0.49%
SLGN	B	-0.49%
VOYA	C	-0.49%
BRX	C	-0.49%
MIDD	D	-0.49%
RGLD	B	-0.49%
HXL	D	-0.48%
MSM	F	-0.48%
RPM	D	-0.48%
EVR	B	-0.47%
STAG	D	-0.47%
GLPI	F	-0.47%
FR	D	-0.46%
WPC	C	-0.46%
LSTR	D	-0.46%
DBX	F	-0.45%
PNM	C	-0.45%
EPR	D	-0.45%
ELS	D	-0.45%
CSL	A	-0.45%
MTN	F	-0.45%
EGP	F	-0.45%
WERN	D	-0.44%
PCH	D	-0.44%
JAZZ	D	-0.42%
NVT	A	-0.42%
CHDN	B	-0.41%
JHG	B	-0.41%
OSK	D	-0.4%
IRT	B	-0.4%
LAMR	B	-0.4%
CBSH	A	-0.39%
NSA	D	-0.38%
EXEL	D	-0.38%
FNB	A	-0.38%
LII	D	-0.38%
AGCO	F	-0.37%
RYN	F	-0.36%
RNR	D	-0.35%
LFUS	C	-0.35%
LEG	F	-0.35%
GO	F	-0.34%
MAT	F	-0.33%
CRI	F	-0.33%
ACHC	F	-0.33%
ORA	C	-0.33%
CRUS	C	-0.33%
PB	B	-0.33%
ENOV	F	-0.33%
FCN	B	-0.32%
EXPO	B	-0.32%
ABM	B	-0.31%
GMED	D	-0.31%
REXR	D	-0.31%
ONB	A	-0.27%
CCOI	F	-0.25%
KNX	F	-0.24%
ENR	C	-0.24%
PZZA	F	-0.23%
NVST	F	-0.22%
JBL	F	-0.21%
PDCO	F	-0.21%