XTL vs. XSLV ETF Comparison

Comparison of SPDR S&P Telecom ETF (XTL) to PowerShares S&P SmallCap Low Volatility Portfolio (XSLV)

XTL

SPDR S&P Telecom ETF

XTL Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the telecommunications segment of a U.S. total market composite index. In seeking to track the performance of the S&P Telecom Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the telecommunications industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$69.05

Average Daily Volume

2,357

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$42.72

Average Daily Volume

23,309

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

Performance

Period	XTL	XSLV
30 Days	-6.83%	-2.93%
60 Days	-7.75%	-0.40%
90 Days	-12.53%	-0.90%
12 Months	-5.86%	8.27%

1 Overlapping Holdings

	Symbol	Grade	Weight in XTL	Weight in XSLV	Overlap
	VIAV	F	2.63%	0.65%	0.65%

XTL Overweight 37 Positions Relative to XSLV

Symbol	Grade	Weight
MSI	A	4.05%
TMUS	B	3.92%
IRDM	B	3.9%
VZ	D	3.86%
CSCO	D	3.84%
JNPR	D	3.82%
TDS	C	3.79%
CCOI	D	3.76%
T	C	3.75%
FFIV	C	3.67%
EXTR	F	3.58%
ANET	C	3.55%
FYBR	C	3.5%
LITE	D	3.42%
CALX	F	3.27%
VSAT	F	3.26%
CIEN	D	3.2%
AAOI	F	2.98%
LUMN	F	2.95%
HLIT	F	2.94%
NTCT	D	2.41%
INFN	C	2.37%
UI	F	2.33%
USM	B	1.77%
GSAT	D	1.65%
GOGO	D	1.64%
NPAB	A	1.57%
LILAK	A	1.34%
CLFD	D	1.3%
DGII	B	1.19%
NTGR	C	0.8%
BAND	A	0.67%
ATEX	D	0.66%
IDT	D	0.53%
AVNW	C	0.53%
SHEN	F	0.46%
ATNI	F	0.39%

XTL Underweight 115 Positions Relative to XSLV

Symbol	Grade	Weight
CTRE	A	-1.17%
PBH	C	-1.1%
LTC	A	-1.09%
AMSF	F	-1.09%
FCPT	C	-1.07%
EIG	C	-1.04%
VRRM	A	-1.03%
GTY	B	-1.03%
EPRT	A	-1.02%
NWN	A	-1.02%
ENSG	D	-1.01%
AVA	A	-1.0%
RDN	C	-0.99%
MCS	F	-0.97%
SAFT	D	-0.97%
CSR	A	-0.97%
CPK	A	-0.97%
JJSF	F	-0.97%
FELE	B	-0.96%
BMI	A	-0.96%
NPK	A	-0.95%
UTL	C	-0.95%
AWI	C	-0.94%
EZPW	A	-0.93%
AZZ	B	-0.93%
IOSP	D	-0.92%
KFY	D	-0.92%
PECO	D	-0.92%
MCRI	D	-0.91%
HMN	A	-0.91%
TR	F	-0.91%
AWR	D	-0.9%
BRC	A	-0.9%
COOP	A	-0.89%
CHCT	C	-0.89%
TNC	B	-0.88%
NMIH	B	-0.88%
SJW	F	-0.87%
CWT	C	-0.87%
ALEX	D	-0.87%
SXT	A	-0.87%
CHCO	A	-0.87%
BCPC	D	-0.87%
EFC	C	-0.87%
PLXS	A	-0.86%
LXP	F	-0.86%
SKT	B	-0.86%
STRA	A	-0.86%
UVV	A	-0.86%
APOG	A	-0.85%
RGR	B	-0.85%
FSS	A	-0.84%
PSMT	B	-0.84%
AGO	C	-0.83%
APLE	D	-0.83%
NSIT	D	-0.83%
AIR	A	-0.83%
ESE	B	-0.83%
BHE	A	-0.83%
NHC	C	-0.82%
CSGS	F	-0.82%
CRVL	C	-0.82%
FUL	D	-0.82%
INVA	B	-0.82%
PRGS	F	-0.82%
SXI	C	-0.82%
UNF	D	-0.81%
EPC	B	-0.81%
MSGS	B	-0.8%
AIN	D	-0.8%
EVTC	C	-0.8%
SHO	D	-0.79%
IDCC	C	-0.79%
NAVI	F	-0.79%
XHR	D	-0.79%
PIPR	B	-0.78%
FDP	A	-0.78%
MOG.A	A	-0.78%
SITC	D	-0.78%
JBSS	D	-0.78%
RUSHA	D	-0.78%
PJT	C	-0.78%
BFS	D	-0.77%
AKR	A	-0.77%
OSIS	B	-0.77%
CENTA	C	-0.76%
CRC	A	-0.76%
CTS	B	-0.75%
FIZZ	F	-0.75%
HSTM	C	-0.75%
UE	C	-0.75%
UHT	D	-0.75%
APAM	D	-0.74%
DEA	B	-0.73%
DRH	C	-0.73%
AHH	B	-0.73%
SHOO	C	-0.72%
WSR	C	-0.71%
RGP	F	-0.71%
AMBC	C	-0.71%
PINC	D	-0.71%
CNXN	C	-0.71%
ROG	C	-0.7%
MRTN	D	-0.7%
ROIC	D	-0.7%
SCL	D	-0.69%
SMPL	C	-0.69%
HUBG	D	-0.68%
SMP	D	-0.68%
NWBI	D	-0.68%
MSEX	D	-0.68%
THS	F	-0.66%
YELP	B	-0.65%
CLDT	D	-0.64%
HTLD	F	-0.63%