ACWV vs. DWM ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to WisdomTree DEFA Fund (DWM)

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.79

Average Daily Volume

157,232

Number of Holdings ^*

138

* may have additional holdings in another (foreign) market

DWM

WisdomTree DEFA Fund

DWM Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Dividend Index of Europe, Far East Asia and Australasia. The fund normally invests at least 95% of its total assets (exclusive of collateral held from securities lending) in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is comprised of dividend-paying companies in the industrialized world, excluding Canada and the United States, that pay regular cash dividends. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$56.60

Average Daily Volume

19,254

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	DWM
30 Days	0.72%	0.89%
60 Days	7.43%	9.19%
90 Days	8.44%	3.81%
12 Months	23.90%	24.02%

1 Overlapping Holdings

	Symbol	Grade	Weight in ACWV	Weight in DWM	Overlap
	ABBV	C	0.55%	0.54%	0.54%

ACWV Overweight 137 Positions Relative to DWM

Symbol	Grade	Weight
TMUS	A	1.72%
WMT	A	1.69%
MSI	A	1.66%
CSCO	A	1.41%
WM	B	1.36%
ROP	D	1.3%
MRK	F	1.2%
RSG	D	1.11%
MCK	F	1.11%
JNJ	D	1.09%
PEP	F	1.09%
VRTX	D	1.06%
MCD	A	1.02%
COR	F	0.95%
ED	C	0.9%
MMC	D	0.88%
CB	A	0.87%
BRK.A	B	0.87%
DUK	C	0.83%
PG	D	0.83%
SO	A	0.82%
PGR	B	0.81%
VZ	C	0.81%
UNH	B	0.8%
REGN	D	0.8%
NOC	B	0.79%
KR	C	0.78%
AZO	D	0.77%
IBM	A	0.76%
MSFT	D	0.75%
GIS	C	0.69%
WEC	B	0.66%
ACGL	A	0.64%
LLY	D	0.57%
ORLY	A	0.56%
K	B	0.55%
CBOE	B	0.54%
EA	D	0.54%
GDDY	B	0.53%
ELV	F	0.53%
V	B	0.52%
APH	D	0.48%
ORCL	A	0.48%
HSY	D	0.47%
CHD	D	0.44%
GILD	A	0.42%
KEYS	B	0.41%
FI	A	0.4%
CL	D	0.39%
MKL	B	0.39%
KDP	C	0.39%
L	C	0.38%
WRB	C	0.38%
CHT	C	0.38%
BAH	C	0.38%
UTHR	C	0.37%
AMGN	D	0.37%
WCN	D	0.37%
KHC	F	0.36%
VRSN	C	0.36%
HUM	F	0.35%
TJX	D	0.35%
ERIE	A	0.34%
INCY	B	0.32%
JNPR	C	0.32%
AON	A	0.32%
KMB	D	0.32%
FFIV	B	0.32%
AJG	C	0.31%
AKAM	D	0.3%
NBIX	F	0.29%
TSN	D	0.29%
SJM	D	0.29%
TRV	B	0.28%
GEN	A	0.27%
BRO	A	0.27%
MDLZ	D	0.27%
ACN	B	0.25%
LMT	A	0.25%
CF	A	0.25%
T	B	0.25%
CI	D	0.25%
YUM	C	0.24%
HRL	F	0.24%
CPB	D	0.24%
BDX	C	0.23%
CME	A	0.22%
ROL	C	0.21%
BMY	A	0.21%
JKHY	A	0.2%
CTSH	B	0.2%
FWONK	D	0.2%
BMRN	F	0.2%
PTC	B	0.2%
DPZ	D	0.19%
GD	C	0.19%
FCNCA	D	0.19%
CMS	A	0.17%
ULTA	D	0.17%
MA	A	0.17%
CAH	B	0.16%
DGX	D	0.15%
MPC	D	0.15%
LNG	A	0.13%
MOH	F	0.13%
NEM	C	0.12%
CTVA	A	0.12%
WIT	C	0.11%
MNST	D	0.11%
AIZ	B	0.11%
PCG	C	0.1%
XOM	A	0.1%
TDY	A	0.1%
ABT	C	0.1%
FICO	C	0.1%
AZPN	A	0.1%
AEE	A	0.1%
XEL	C	0.1%
EG	A	0.1%
WDAY	D	0.09%
WTW	C	0.09%
TPL	A	0.07%
IT	A	0.07%
AEP	C	0.07%
ANET	A	0.06%
KO	C	0.06%
TRGP	A	0.06%
FANG	D	0.06%
HSIC	D	0.06%
CHRW	C	0.06%
DINO	F	0.06%
ACI	F	0.05%
HOLX	D	0.05%
GPC	D	0.05%
KNX	D	0.05%
CAG	D	0.05%
HKD	C	0.0%

ACWV Underweight 18 Positions Relative to DWM

Symbol	Grade	Weight
NVS	D	-1.7%
UL	D	-1.08%
TM	D	-0.88%
STLA	F	-0.67%
MUFG	D	-0.65%
LYG	C	-0.37%
E	C	-0.34%
SMFG	D	-0.33%
MFG	B	-0.31%
BCS	B	-0.31%
DEO	C	-0.26%
HMC	D	-0.21%
SONY	C	-0.11%
NMR	F	-0.07%
AGCO	D	-0.04%
LOGI	D	-0.04%
AEI	C	-0.03%
MBAVU	C	-0.01%