ACWV vs. SPMO ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to PowerShares S&P 500 Momentum Portfolio (SPMO)

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

SPMO

PowerShares S&P 500 Momentum Portfolio

SPMO Description

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500 Momentum Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. The underlying index is designed to track the performance of approximately 100 stocks in the S&P 500 Index that have the highest "momentum score." In general, momentum is the tendency of an investment to exhibit persistence in its relative performance. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.58

Average Daily Volume

717,934

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	SPMO
30 Days	0.32%	2.84%
60 Days	-0.25%	5.10%
90 Days	1.23%	6.74%
12 Months	18.77%	54.82%

34 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in SPMO	Overlap
AJG	B	0.33%	0.44%	0.33%
AMGN	D	0.34%	1.04%	0.34%
ANET	C	0.06%	0.92%	0.06%
APH	A	0.54%	0.65%	0.54%
BRK.A	B	0.91%	6.07%	0.91%
BRO	B	0.3%	0.21%	0.21%
CB	C	0.88%	0.84%	0.84%
CBOE	B	0.54%	0.13%	0.13%
CL	D	0.35%	0.62%	0.35%
COR	B	1.05%	0.26%	0.26%
FANG	D	0.06%	0.22%	0.06%
FI	A	0.48%	0.78%	0.48%
FICO	B	0.12%	0.57%	0.12%
GD	F	0.18%	0.55%	0.18%
GDDY	A	0.64%	0.31%	0.31%
IBM	C	0.73%	1.27%	0.73%
IT	C	0.07%	0.24%	0.07%
L	A	0.4%	0.11%	0.11%
LLY	F	0.52%	5.19%	0.52%
MCK	B	1.42%	0.81%	0.81%
MPC	D	0.15%	0.27%	0.15%
MSI	B	1.88%	0.67%	0.67%
PGR	A	0.84%	1.61%	0.84%
REGN	F	0.61%	0.72%	0.61%
RSG	A	1.19%	0.33%	0.33%
T	A	0.26%	1.15%	0.26%
TJX	A	0.37%	0.99%	0.37%
TMUS	B	2.03%	0.99%	0.99%
TRGP	B	0.08%	0.47%	0.08%
VRTX	F	1.13%	0.77%	0.77%
WM	A	1.5%	0.44%	0.44%
WMT	A	1.82%	2.39%	1.82%
WRB	A	0.41%	0.12%	0.12%
WTW	B	0.1%	0.2%	0.1%

ACWV Overweight 105 Positions Relative to SPMO

Symbol	Grade	Weight
CSCO	B	1.57%
ROP	B	1.36%
PEP	F	1.08%
MRK	F	1.06%
JNJ	D	1.05%
MCD	D	1.02%
MMC	B	0.88%
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%
MSFT	F	0.76%
WEC	A	0.68%
EA	A	0.63%
ORLY	B	0.62%
GIS	D	0.61%
V	A	0.59%
K	A	0.57%
ACGL	D	0.57%
ORCL	B	0.54%
ABBV	D	0.49%
GILD	C	0.48%
CHD	B	0.46%
HSY	F	0.44%
MKL	A	0.43%
ELV	F	0.42%
KEYS	A	0.41%
UTHR	C	0.4%
WCN	A	0.39%
INCY	C	0.38%
CHT	D	0.37%
BAH	F	0.37%
KDP	D	0.36%
FFIV	B	0.36%
VRSN	F	0.35%
AON	A	0.35%
KHC	F	0.33%
TRV	B	0.32%
TSN	B	0.32%
JNPR	F	0.32%
NBIX	C	0.31%
HUM	C	0.31%
GEN	B	0.3%
KMB	D	0.3%
AKAM	D	0.27%
SJM	D	0.27%
ACN	C	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%
PTC	A	0.22%
BDX	F	0.22%
CPB	D	0.22%
CTSH	B	0.21%
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%
LNG	B	0.16%
ULTA	F	0.16%
CMS	C	0.16%
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%
TDY	B	0.11%
AEE	A	0.11%
XEL	A	0.11%
EG	C	0.1%
XOM	B	0.1%
WDAY	B	0.1%
PCG	A	0.1%
ABT	B	0.1%
TPL	A	0.1%
NEM	D	0.09%
AEP	D	0.07%
KNX	B	0.06%
DINO	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 64 Positions Relative to SPMO

Symbol	Grade	Weight
NVDA	C	-10.2%
AMZN	C	-9.74%
META	D	-6.24%
AVGO	D	-5.46%
JPM	A	-5.38%
COST	B	-3.79%
GE	D	-2.09%
GS	A	-1.47%
AXP	A	-1.39%
KKR	A	-1.23%
RTX	C	-1.01%
BSX	B	-0.98%
ETN	A	-0.96%
C	A	-0.89%
TT	A	-0.85%
CTAS	B	-0.72%
ICE	C	-0.65%
VST	B	-0.59%
CEG	D	-0.58%
WELL	A	-0.57%
TDG	D	-0.56%
BK	A	-0.54%
KLAC	D	-0.53%
PH	A	-0.52%
CMG	B	-0.47%
ALL	A	-0.46%
WMB	A	-0.45%
HWM	A	-0.44%
HLT	A	-0.43%
AFL	B	-0.38%
HIG	B	-0.38%
OKE	A	-0.38%
IRM	D	-0.37%
URI	B	-0.36%
IR	B	-0.34%
PRU	A	-0.33%
AIG	B	-0.33%
ECL	D	-0.33%
GWW	B	-0.32%
KMI	A	-0.32%
AXON	A	-0.3%
PSX	C	-0.3%
GRMN	B	-0.29%
RCL	A	-0.28%
PEG	A	-0.27%
NRG	B	-0.23%
WAB	B	-0.22%
LDOS	C	-0.21%
VLTO	D	-0.21%
NDAQ	A	-0.21%
FITB	A	-0.2%
NTAP	C	-0.19%
MLM	B	-0.19%
PHM	D	-0.18%
SYF	B	-0.17%
DECK	A	-0.17%
TYL	B	-0.16%
NVR	D	-0.15%
STX	D	-0.15%
BR	A	-0.15%
PKG	A	-0.14%
UHS	D	-0.09%
NWSA	B	-0.07%
NWS	B	-0.02%