PowerShares ETFs

XSHQ - PowerShares S&P SmallCap Quality Portfolio

Equity - US Equity

Product Details

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.

as of 12/31/2017

Factor DNATM

Financial Professionals - Log in to view the fund’s Factor DNATM chart

Methodology

Factor scores are calculated for every stock within the starting universe, Russell 3000 Index and Russell Global ex-US Index. Factor scores are normalized using z-scores with a mean of zero and a standard deviation of one. A normalized score is then calculated for both the fund and index shown based on the weighted average normalized scores of their underlying stocks. The Factor DNATM chart plots the difference in the fund's normalized score for each factor, in standard deviations, relative to the index shown with a range of -1.5 to 1.5. The index shown serves as the baseline and is plotted at zero.

See notes below for factor definitions.

Try the Factor eXposure Tool
Factor definitions

Low volatility – Annualized 252-day standard deviation of the stock’s price. Lower standard deviations receive a higher factor exposure score. Dividend yield – Total dividends paid by the stock over the past 12 months divided by its current price. Quality – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (return on equity - accruals ratio - debt to common equity) / three. Value – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (earnings/price + book value/price + sales/price) / three. Momentum – 12-month return excluding the most recent month. The return is risk adjusted using the standard deviation of daily price returns over the past year. Small size – Stock's market capitalization in USD. Lower market capitalization companies receive a higher factor exposure score.

as of 12/31/2017

Factor DNATM

Financial Professionals - Log in to view the fund’s Factor DNATM chart

Methodology

Factor scores are calculated for every stock within the starting universe, Russell 3000 Index and Russell Global ex-US Index. Factor scores are normalized using z-scores with a mean of zero and a standard deviation of one. A normalized score is then calculated for both the fund and index shown based on the weighted average normalized scores of their underlying stocks. The Factor DNATM chart plots the difference in the fund's normalized score for each factor, in standard deviations, relative to the index shown with a range of -1.5 to 1.5. The index shown serves as the baseline and is plotted at zero.

See notes below for factor definitions.

Try the Factor eXposure Tool
Factor definitions

Low volatility – Annualized 252-day standard deviation of the stock’s price. Lower standard deviations receive a higher factor exposure score. Dividend yield – Total dividends paid by the stock over the past 12 months divided by its current price. Quality – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (return on equity - accruals ratio - debt to common equity) / three. Value – Each fundamental ratio is standardized using a z-score relative to its universe before averaging (earnings/price + book value/price + sales/price) / three. Momentum – 12-month return excluding the most recent month. The return is risk adjusted using the standard deviation of daily price returns over the past year. Small size – Stock's market capitalization in USD. Lower market capitalization companies receive a higher factor exposure score.

as of 12/31/2017 12/31/2017

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
S&P SmallCap 600 Quality Index N/A N/A N/A N/A N/A 11.74
S&P SmallCap 600 Index 13.24 13.24 12.00 15.99 10.43 14.24
S&P SmallCap 600 Quality Index N/A N/A N/A N/A N/A 11.74
S&P SmallCap 600 Index 13.24 13.24 12.00 15.99 10.43 14.24
Fund History (%)
Fund NAV N/A N/A N/A N/A N/A 11.46
After Tax Held N/A N/A N/A N/A N/A 11.07
After Tax Sold N/A N/A N/A N/A N/A 6.48
Fund Market Price N/A N/A N/A N/A N/A 11.60
Fund NAV N/A N/A N/A N/A N/A 11.46
After Tax Held N/A N/A N/A N/A N/A 11.07
After Tax Sold N/A N/A N/A N/A N/A 6.48
Fund Market Price N/A N/A N/A N/A N/A 11.60

This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 01/16/2018

Sector Allocation

as of 01/16/2018

Market Cap & Style Allocations

Large-Cap Value -
Large-Cap Blend -
Large-Cap Growth -
Mid-Cap Value -
Mid-Cap Blend -
Mid-Cap Growth -
Small-Cap Value 13.75%
Small-Cap Blend 39.17%
Small-Cap Growth 47.08%

as of 01/16/2018 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
TREX Trex Co Inc 2.61
EVR Evercore Inc 2.51
CHE Chemed Corp 2.32
AEIS Advanced Energy Industries Inc 2.22
HCSG Healthcare Services Group Inc 2.08
COLB Columbia Banking System Inc 2.01
ICUI ICU Medical Inc 1.95
FFIN First Financial Bankshares Inc 1.91
LCII LCI Industries 1.85
IRBT iRobot Corp 1.85

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/18/2017 12/19/2017 12/29/2017 0.11569 0.11569 - - -
09/18/2017 09/19/2017 09/29/2017 0.04758 0.04758 - - -
06/16/2017 06/20/2017 06/30/2017 0.04855 0.04855 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
12/31/2017 63 20 1 0 0 0 0
09/30/2017 63 30 1 0 0 0 0
06/30/2017 60 31 0 0 0 0 0
Year Ended 2017 186 81 2 0 0 0 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
12/31/2017 63 37 5 0 0 0 0
09/30/2017 63 32 0 0 0 0 0
06/30/2017 60 29 0 0 0 0 0
Year Ended 2017 186 98 5 0 0 0 0

Fund Inception: 04/06/2017

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Stocks of small-capitalization companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale than large companies.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

S&P SmallCap 600® Index is a market-value weighted index considered representative of small-cap US stocks.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC (S&P) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and Standard & Poor's® are trademarks of S&P and Dow Jones® is a trademark of Dow Jones. These trademarks have been sublicensed for certain purposes by Invesco PowerShares Capital Management LLC (PowerShares). The Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by PowerShares. The Fund is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of investing in such product(s).

Beta is a measure of risk representing how a security is expected to respond to general market movements. Smart Beta represents an alternative and selection index based methodology that seeks to outperform a benchmark or reduce portfolio risk, or both. Smart beta funds may underperform cap-weighted benchmarks and increase portfolio risk.

as of 01/17/2018
4:15 PM EST

XSHQ
Intraday Stats

  • Last Trade $27.76
  • Current IIV $27.92
  • Change -$0.09
  • % Change -0.32%
as of 01/16/2018
  • NAV at market close $27.64

as of 01/16/2018

Prior Close

  • Closing Price $27.85
  • Bid/Ask Midpoint $27.65
  • Bid/Ask Prem/Disc $0.01
  • Bid/Ask Prem/Disc 0.04%

Fund Details

  • Fund Ticker XSHQ
  • CUSIP # 73937B332
  • ISIN US73937B3327
  • Intraday NAV XSHQIV
  • Index Ticker SP6QUT
  • Index Provider S&P Dow Jones Indices LLC
  • Management Fee 0.29%
  • Total Expense Ratio 0.29%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange Cboe Global Markets
  • Inception Date 04/06/2017
  • # of Holdings 119
    as of 01/16/2018
as of 01/17/2018

Quick Facts

  • Previous Close $27.85
  • Open $27.79
  • Today's High $27.79
  • Today's Low $27.76
  • Today's Volume 1,671
  • 3,511 30-Day Avg Trading
    Volume
  • 52 Week High $28.90
  • 52 Week Low $24.05
  • Shares Outstanding .05MM
  • Market Value $1.4MM