ACWV vs. IAK ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to iShares U.S. Insurance ETF (IAK)

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

$113.51

Average Daily Volume

156,638

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

IAK

iShares U.S. Insurance ETF

IAK Description

The investment seeks to track the investment results of an index composed of U.S. equities in the insurance sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Insurance Index (the "underlying index"), which measures the performance of the insurance sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include financial and insurance companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$129.59

Average Daily Volume

67,142

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	IAK
30 Days	1.82%	5.99%
60 Days	6.04%	11.29%
90 Days	8.56%	13.39%
12 Months	18.75%	38.61%

9 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in IAK	Overlap
ACGL	C	1.0%	1.0%	1.0%
AIZ	B	1.0%	1.0%	1.0%
CB	B	1.0%	1.0%	1.0%
ERIE	B	1.0%	1.0%	1.0%
L	C	1.0%	1.0%	1.0%
MKL	C	1.0%	1.0%	1.0%
PGR	B	1.0%	1.0%	1.0%
TRV	C	1.0%	1.0%	1.0%
WRB	C	1.0%	1.0%	1.0%

ACWV Overweight 127 Positions Relative to IAK

Symbol	Grade	Weight
HOLX	B	1.0%
GPC	D	1.0%
ACI	F	1.0%
CAG	C	1.0%
KNX	C	1.0%
ANET	B	1.0%
HSIC	C	1.0%
KO	C	1.0%
CHRW	B	1.0%
TRGP	B	1.0%
FANG	D	1.0%
TPL	B	1.0%
DINO	F	1.0%
IT	B	1.0%
AEP	C	1.0%
WTW	C	1.0%
XOM	C	1.0%
WDAY	D	1.0%
PCG	C	1.0%
TDY	B	1.0%
AZPN	B	1.0%
FICO	B	1.0%
AEE	C	1.0%
ABT	C	1.0%
EG	C	1.0%
XEL	B	1.0%
MNST	D	1.0%
CTVA	B	1.0%
NEM	B	1.0%
LNG	C	1.0%
MOH	D	1.0%
DGX	B	1.0%
MPC	F	1.0%
ULTA	D	1.0%
CMS	C	1.0%
CAH	C	1.0%
MA	B	1.0%
DPZ	F	1.0%
GD	B	1.0%
FWONK	C	1.0%
FCNCA	D	1.0%
PTC	D	1.0%
JKHY	B	1.0%
CTSH	C	1.0%
BMY	C	1.0%
ROL	C	1.0%
CME	C	1.0%
CF	C	1.0%
BDX	D	1.0%
YUM	D	1.0%
BMRN	F	1.0%
HRL	C	1.0%
LMT	C	1.0%
CPB	C	1.0%
T	C	1.0%
ACN	C	1.0%
GEN	B	1.0%
CI	C	1.0%
BRO	C	1.0%
MDLZ	B	1.0%
SJM	C	1.0%
AKAM	D	1.0%
TSN	C	1.0%
NBIX	F	1.0%
FFIV	B	1.0%
INCY	C	1.0%
JNPR	B	1.0%
KMB	D	1.0%
AON	B	1.0%
AJG	D	1.0%
VRSN	D	1.0%
UTHR	C	1.0%
KHC	C	1.0%
HUM	F	1.0%
TJX	B	1.0%
BAH	C	1.0%
AMGN	B	1.0%
KEYS	C	1.0%
WCN	D	1.0%
FI	A	1.0%
KDP	B	1.0%
CL	D	1.0%
GILD	B	1.0%
CHD	D	1.0%
ORCL	C	1.0%
APH	D	1.0%
HSY	C	1.0%
GDDY	C	1.0%
V	C	1.0%
EA	D	1.0%
ORLY	C	1.0%
K	B	1.0%
ABBV	C	1.0%
CBOE	C	1.0%
ELV	C	1.0%
LLY	C	1.0%
WEC	C	1.0%
GIS	B	1.0%
IBM	B	1.0%
AZO	D	1.0%
MSFT	C	1.0%
KR	C	1.0%
NOC	B	1.0%
VZ	B	1.0%
SO	B	1.0%
UNH	C	1.0%
DUK	C	1.0%
PG	C	1.0%
BRK.A	C	1.0%
REGN	C	1.0%
MMC	C	1.0%
ED	C	1.0%
MCD	B	1.0%
COR	D	1.0%
VRTX	D	1.0%
JNJ	C	1.0%
PEP	C	1.0%
RSG	D	1.0%
MCK	F	1.0%
MRK	D	1.0%
ROP	C	1.0%
CSCO	C	1.0%
WM	D	1.0%
MSI	B	1.0%
WMT	C	1.0%
TMUS	C	1.0%
CHT	B	0.38%

ACWV Underweight 43 Positions Relative to IAK

Symbol	Grade	Weight
AXS	B	-1.0%
RLI	B	-1.0%
FAF	B	-1.0%
UNM	B	-1.0%
GL	C	-1.0%
PRI	B	-1.0%
AFG	B	-1.0%
ORI	B	-1.0%
KNSL	C	-1.0%
FNF	B	-1.0%
PFG	B	-1.0%
CINF	B	-1.0%
PRU	C	-1.0%
HIG	B	-1.0%
MET	B	-1.0%
ALL	B	-1.0%
AFL	C	-1.0%
AIG	D	-1.0%
JRVR	F	-1.0%
UFCS	D	-1.0%
AMBC	D	-1.0%
PRA	C	-1.0%
AMSF	C	-1.0%
EIG	C	-1.0%
LMND	D	-1.0%
HMN	D	-1.0%
SAFT	D	-1.0%
CNA	C	-1.0%
SKWD	C	-1.0%
SIGI	D	-1.0%
TRUP	C	-1.0%
STC	B	-1.0%
PLMR	C	-1.0%
GNW	B	-1.0%
BHF	F	-1.0%
OSCR	B	-1.0%
CNO	B	-1.0%
KMPR	D	-1.0%
LNC	D	-1.0%
AGO	C	-1.0%
WTM	D	-1.0%
THG	B	-1.0%
MCY	D	-1.0%