ACWV vs. FTEC ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to Fidelity MSCI Information Technology Index ETF (FTEC)

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

$113.95

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$184.90

Average Daily Volume

212,411

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	FTEC
30 Days	0.32%	4.14%
60 Days	-0.25%	7.90%
90 Days	1.23%	7.31%
12 Months	18.77%	36.13%

22 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in FTEC	Overlap
ACN	C	0.26%	1.42%	0.26%
AKAM	D	0.27%	0.13%	0.13%
ANET	C	0.06%	0.66%	0.06%
APH	A	0.54%	0.57%	0.54%
CSCO	B	1.57%	1.47%	1.47%
CTSH	B	0.21%	0.3%	0.21%
FFIV	B	0.36%	0.16%	0.16%
FICO	B	0.12%	0.41%	0.12%
GDDY	A	0.64%	0.22%	0.22%
GEN	B	0.3%	0.17%	0.17%
IBM	C	0.73%	1.18%	0.73%
IT	C	0.07%	0.31%	0.07%
JNPR	F	0.32%	0.13%	0.13%
KEYS	A	0.41%	0.22%	0.22%
MSFT	F	0.76%	13.23%	0.76%
MSI	B	1.88%	0.55%	0.55%
ORCL	B	0.54%	1.9%	0.54%
PTC	A	0.22%	0.2%	0.2%
ROP	B	1.36%	0.41%	0.41%
TDY	B	0.11%	0.2%	0.11%
VRSN	F	0.35%	0.16%	0.16%
WDAY	B	0.1%	0.41%	0.1%

ACWV Overweight 117 Positions Relative to FTEC

Symbol	Grade	Weight
TMUS	B	2.03%
WMT	A	1.82%
WM	A	1.5%
MCK	B	1.42%
RSG	A	1.19%
VRTX	F	1.13%
PEP	F	1.08%
MRK	F	1.06%
JNJ	D	1.05%
COR	B	1.05%
MCD	D	1.02%
BRK.A	B	0.91%
CB	C	0.88%
MMC	B	0.88%
PGR	A	0.84%
ED	D	0.84%
UNH	C	0.83%
KR	B	0.83%
PG	A	0.82%
DUK	C	0.81%
SO	D	0.8%
NOC	D	0.77%
AZO	C	0.77%
VZ	C	0.76%
WEC	A	0.68%
EA	A	0.63%
ORLY	B	0.62%
REGN	F	0.61%
GIS	D	0.61%
V	A	0.59%
K	A	0.57%
ACGL	D	0.57%
CBOE	B	0.54%
LLY	F	0.52%
ABBV	D	0.49%
GILD	C	0.48%
FI	A	0.48%
CHD	B	0.46%
HSY	F	0.44%
MKL	A	0.43%
ELV	F	0.42%
WRB	A	0.41%
L	A	0.4%
UTHR	C	0.4%
WCN	A	0.39%
INCY	C	0.38%
CHT	D	0.37%
TJX	A	0.37%
BAH	F	0.37%
KDP	D	0.36%
CL	D	0.35%
AON	A	0.35%
AMGN	D	0.34%
KHC	F	0.33%
AJG	B	0.33%
TRV	B	0.32%
TSN	B	0.32%
NBIX	C	0.31%
HUM	C	0.31%
BRO	B	0.3%
KMB	D	0.3%
SJM	D	0.27%
T	A	0.26%
ERIE	D	0.26%
MDLZ	F	0.25%
BMY	B	0.25%
CF	B	0.25%
CI	F	0.24%
YUM	B	0.24%
FCNCA	A	0.23%
LMT	D	0.23%
CME	A	0.23%
HRL	D	0.23%
FWONK	B	0.22%
BDX	F	0.22%
CPB	D	0.22%
ROL	B	0.21%
MFG	B	0.21%
JKHY	D	0.2%
MA	C	0.19%
BMRN	D	0.19%
DPZ	C	0.19%
CAH	B	0.18%
GD	F	0.18%
LNG	B	0.16%
ULTA	F	0.16%
CMS	C	0.16%
MPC	D	0.15%
DGX	A	0.15%
AIZ	A	0.13%
WIT	A	0.12%
CTVA	C	0.12%
MOH	F	0.12%
MNST	C	0.12%
AZPN	A	0.11%
AEE	A	0.11%
XEL	A	0.11%
EG	C	0.1%
WTW	B	0.1%
XOM	B	0.1%
PCG	A	0.1%
ABT	B	0.1%
TPL	A	0.1%
NEM	D	0.09%
TRGP	B	0.08%
AEP	D	0.07%
KNX	B	0.06%
DINO	D	0.06%
FANG	D	0.06%
CHRW	C	0.06%
CAG	D	0.05%
GPC	D	0.05%
HOLX	D	0.05%
ACI	C	0.05%
KO	D	0.05%
HSIC	B	0.05%
HKD	F	0.0%

ACWV Underweight 253 Positions Relative to FTEC

Symbol	Grade	Weight
NVDA	C	-16.06%
AAPL	C	-15.03%
AVGO	D	-4.31%
CRM	B	-2.04%
ADBE	C	-1.51%
AMD	F	-1.39%
NOW	A	-1.33%
INTU	C	-1.23%
TXN	C	-1.16%
QCOM	F	-1.14%
AMAT	F	-0.98%
PLTR	B	-0.81%
PANW	C	-0.81%
MU	D	-0.7%
INTC	D	-0.69%
ADI	D	-0.67%
LRCX	F	-0.64%
KLAC	D	-0.57%
CDNS	B	-0.55%
APP	B	-0.55%
SNPS	B	-0.55%
MRVL	B	-0.54%
CRWD	B	-0.54%
ADSK	A	-0.46%
MSTR	C	-0.45%
FTNT	C	-0.43%
NXPI	D	-0.39%
TEAM	A	-0.33%
SNOW	C	-0.29%
GLW	B	-0.29%
DELL	C	-0.29%
DDOG	A	-0.28%
HUBS	A	-0.28%
HPQ	B	-0.27%
MCHP	D	-0.25%
ANSS	B	-0.24%
NET	B	-0.23%
HPE	B	-0.23%
TYL	B	-0.22%
ON	D	-0.22%
MPWR	F	-0.2%
ZM	B	-0.2%
ZBRA	B	-0.19%
TWLO	A	-0.19%
CDW	F	-0.19%
MDB	C	-0.19%
NTAP	C	-0.19%
TRMB	B	-0.18%
WDC	D	-0.18%
DOCU	A	-0.18%
NTNX	A	-0.18%
MANH	D	-0.17%
FSLR	F	-0.17%
STX	D	-0.17%
GWRE	A	-0.17%
ZS	C	-0.17%
EPAM	C	-0.16%
JBL	B	-0.16%
FLEX	A	-0.16%
COHR	B	-0.16%
BILL	A	-0.15%
DT	C	-0.15%
IOT	A	-0.14%
PSTG	D	-0.14%
ENTG	D	-0.14%
TER	D	-0.14%
SWKS	F	-0.13%
CIEN	B	-0.13%
QTWO	A	-0.12%
PCOR	B	-0.12%
GTLB	B	-0.12%
CFLT	B	-0.12%
OKTA	C	-0.12%
LITE	B	-0.12%
IDCC	A	-0.11%
ALTR	B	-0.11%
FN	D	-0.11%
DBX	B	-0.11%
SMAR	A	-0.11%
KD	B	-0.11%
SNX	C	-0.11%
MARA	C	-0.11%
S	B	-0.11%
CVLT	B	-0.11%
CRDO	B	-0.11%
MTSI	B	-0.11%
PATH	C	-0.1%
U	C	-0.1%
OLED	D	-0.1%
AUR	C	-0.1%
WK	B	-0.1%
BDC	B	-0.1%
PLXS	B	-0.1%
MKSI	C	-0.1%
RMBS	C	-0.1%
CGNX	C	-0.1%
BSY	D	-0.1%
BOX	B	-0.1%
BMI	B	-0.1%
VNT	B	-0.1%
LSCC	D	-0.1%
ACIW	B	-0.1%
ITRI	B	-0.1%
CWAN	B	-0.1%
QLYS	C	-0.1%
DLB	B	-0.09%
AVT	C	-0.09%
SITM	B	-0.09%
AEIS	B	-0.09%
PEGA	A	-0.09%
TENB	C	-0.09%
HCP	B	-0.09%
DXC	B	-0.09%
ARW	D	-0.09%
VRNS	D	-0.09%
APPF	B	-0.09%
LFUS	F	-0.09%
SANM	B	-0.09%
NOVT	D	-0.09%
ONTO	D	-0.09%
PI	D	-0.09%
ESTC	C	-0.09%
SPSC	C	-0.09%
CLSK	C	-0.08%
SLAB	D	-0.08%
POWI	D	-0.08%
RIOT	C	-0.08%
BLKB	B	-0.08%
NCNO	B	-0.08%
ENPH	F	-0.08%
ASGN	F	-0.08%
FORM	D	-0.07%
ALRM	C	-0.07%
TDC	D	-0.07%
FRSH	C	-0.07%
PRGS	A	-0.07%
FIVN	C	-0.07%
AI	B	-0.07%
FROG	C	-0.07%
INTA	A	-0.07%
DV	C	-0.07%
MIR	A	-0.07%
NSIT	F	-0.07%
SYNA	C	-0.07%
AGYS	A	-0.07%
SMTC	B	-0.07%
QRVO	F	-0.07%
SMCI	F	-0.07%
BL	B	-0.07%
CRUS	D	-0.07%
ALGM	D	-0.06%
ACLS	F	-0.06%
TTMI	B	-0.06%
OSIS	B	-0.06%
PAR	B	-0.06%
KLIC	B	-0.06%
DIOD	D	-0.06%
RPD	C	-0.06%
CXT	B	-0.06%
RNG	B	-0.06%
VERX	B	-0.06%
AMKR	D	-0.06%
ZETA	D	-0.06%
VYX	B	-0.05%
EXTR	B	-0.05%
BRZE	C	-0.05%
ALKT	B	-0.05%
PLUS	F	-0.05%
IPGP	D	-0.05%
YOU	D	-0.05%
DOCN	D	-0.05%
VIAV	B	-0.05%
AMBA	B	-0.05%
RBRK	A	-0.05%
VRNT	C	-0.04%
VECO	F	-0.04%
UCTT	D	-0.04%
PLAB	C	-0.04%
CTS	C	-0.04%
NTCT	C	-0.04%
INFA	D	-0.04%
KN	B	-0.04%
WULF	C	-0.04%
ROG	D	-0.04%
BHE	B	-0.04%
PD	C	-0.04%
CALX	D	-0.04%
VSH	D	-0.04%
SOUN	C	-0.04%
RAMP	C	-0.04%
ICHR	C	-0.03%
ARLO	C	-0.03%
SCSC	B	-0.03%
ENV	B	-0.03%
MXL	C	-0.03%
DGII	B	-0.03%
APPN	B	-0.03%
COHU	C	-0.03%
ASAN	C	-0.03%
ATEN	B	-0.03%
CIFR	B	-0.03%
ZUO	B	-0.03%
NSSC	D	-0.03%
HLIT	D	-0.03%
INFN	C	-0.03%
SPT	C	-0.03%
CEVA	B	-0.02%
OLO	B	-0.02%
SWI	B	-0.02%
NTGR	B	-0.02%
AOSL	C	-0.02%
SEDG	F	-0.02%
DJCO	B	-0.02%
INDI	C	-0.02%
IBUY	A	-0.02%
HCKT	B	-0.02%
BASE	C	-0.02%
NABL	F	-0.02%
BELFB	C	-0.02%
BLND	B	-0.02%
YEXT	A	-0.02%
ACMR	F	-0.02%
CXM	C	-0.02%
APLD	A	-0.02%
CNXN	C	-0.02%
PRO	C	-0.02%
WOLF	F	-0.02%
FSLY	D	-0.02%
PDFS	C	-0.02%
JAMF	F	-0.02%
XRX	F	-0.02%
GDYN	B	-0.02%
AAOI	B	-0.02%
VPG	D	-0.01%
CRSR	C	-0.01%
MEI	D	-0.01%
CLFD	D	-0.01%
LWLG	F	-0.01%
RBBN	C	-0.01%
SEMR	B	-0.01%
ENFN	A	-0.01%
BIGC	C	-0.01%
MITK	C	-0.01%
ETWO	F	-0.01%
WEAV	B	-0.01%
DMRC	C	-0.01%
LASR	D	-0.01%
KE	C	-0.01%
MLNK	B	-0.01%
NNBR	C	-0.01%
DAKT	B	-0.01%
VSAT	F	-0.01%
OSPN	A	-0.01%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Semiconductor Equipment & Materials Communication Equipment Information Technology Services Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution Internet Content & Information