ACWV vs. SPMV ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to Invesco S&P 500 Minimum Variance ETF (SPMV)

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

$112.28

Average Daily Volume

118,828

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$46.96

Average Daily Volume

662

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	SPMV
30 Days	-2.64%	-1.36%
60 Days	-1.27%	0.59%
90 Days	0.23%	3.07%
12 Months	17.57%	24.60%

45 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in SPMV	Overlap
ABT	A	0.1%	2.79%	0.1%
ACGL	D	0.57%	0.23%	0.23%
ACN	C	0.26%	0.31%	0.26%
AEE	A	0.11%	0.97%	0.11%
AEP	C	0.07%	0.91%	0.07%
AJG	B	0.33%	2.63%	0.33%
AMGN	D	0.34%	0.32%	0.32%
AON	B	0.35%	3.09%	0.35%
BRK.A	B	0.91%	2.92%	0.91%
BRO	B	0.3%	0.81%	0.3%
CB	C	0.88%	2.58%	0.88%
CSCO	B	1.57%	3.34%	1.57%
DUK	C	0.81%	1.3%	0.81%
ELV	F	0.42%	0.46%	0.42%
GD	D	0.18%	0.06%	0.06%
GILD	C	0.48%	0.09%	0.09%
GIS	F	0.61%	1.49%	0.61%
HRL	D	0.23%	0.38%	0.23%
HSY	F	0.44%	1.05%	0.44%
IBM	C	0.73%	0.53%	0.53%
JNJ	D	1.05%	1.18%	1.05%
KHC	F	0.33%	0.29%	0.29%
LLY	F	0.52%	0.67%	0.52%
MDLZ	F	0.25%	2.5%	0.25%
MMC	D	0.88%	2.74%	0.88%
MRK	F	1.06%	2.43%	1.06%
MSFT	D	0.76%	2.85%	0.76%
NEM	D	0.09%	0.44%	0.09%
ORCL	A	0.54%	2.17%	0.54%
PCG	A	0.1%	0.24%	0.1%
PG	C	0.82%	2.72%	0.82%
PGR	B	0.84%	1.61%	0.84%
REGN	F	0.61%	1.13%	0.61%
RSG	A	1.19%	0.54%	0.54%
SO	C	0.8%	0.47%	0.47%
T	A	0.26%	0.28%	0.26%
TDY	B	0.11%	0.94%	0.11%
TJX	A	0.37%	0.5%	0.37%
TMUS	B	2.03%	3.38%	2.03%
TRV	A	0.32%	0.98%	0.32%
TSN	B	0.32%	0.42%	0.32%
VRTX	D	1.13%	2.42%	1.13%
VZ	C	0.76%	0.93%	0.76%
XEL	A	0.11%	0.19%	0.11%
XOM	B	0.1%	0.68%	0.1%

ACWV Overweight 94 Positions Relative to SPMV

Symbol	Grade	Weight
MSI	B	1.88%
WMT	A	1.82%
WM	B	1.5%
MCK	A	1.42%
ROP	C	1.36%
PEP	F	1.08%
COR	B	1.05%
MCD	D	1.02%
ED	C	0.84%
UNH	C	0.83%
KR	B	0.83%
NOC	D	0.77%
AZO	C	0.77%
WEC	A	0.68%
GDDY	A	0.64%
EA	A	0.63%
ORLY	B	0.62%
V	A	0.59%
K	B	0.57%
CBOE	C	0.54%
APH	B	0.54%
ABBV	F	0.49%
FI	A	0.48%
CHD	A	0.46%
MKL	A	0.43%
WRB	B	0.41%
KEYS	C	0.41%
L	A	0.4%
UTHR	C	0.4%
WCN	A	0.39%
INCY	C	0.38%
CHT	C	0.37%
BAH	D	0.37%
KDP	D	0.36%
FFIV	B	0.36%
CL	D	0.35%
VRSN	F	0.35%
JNPR	D	0.32%
NBIX	C	0.31%
HUM	D	0.31%
GEN	B	0.3%
KMB	C	0.3%
AKAM	F	0.27%
SJM	D	0.27%
ERIE	F	0.26%
BMY	A	0.25%
CF	A	0.25%
CI	D	0.24%
YUM	D	0.24%
FCNCA	A	0.23%
LMT	D	0.23%
CME	A	0.23%
FWONK	B	0.22%
PTC	B	0.22%
BDX	F	0.22%
CPB	D	0.22%
CTSH	C	0.21%
ROL	B	0.21%
MFG	A	0.21%
JKHY	D	0.2%
MA	B	0.19%
BMRN	F	0.19%
DPZ	C	0.19%
CAH	B	0.18%
LNG	A	0.16%
ULTA	F	0.16%
CMS	C	0.16%
MPC	D	0.15%
DGX	A	0.15%
AIZ	A	0.13%
WIT	B	0.12%
CTVA	C	0.12%
MOH	F	0.12%
FICO	B	0.12%
MNST	C	0.12%
AZPN	A	0.11%
EG	D	0.1%
WTW	B	0.1%
WDAY	C	0.1%
TPL	A	0.1%
TRGP	A	0.08%
IT	C	0.07%
KNX	B	0.06%
ANET	C	0.06%
DINO	D	0.06%
FANG	D	0.06%
CHRW	B	0.06%
CAG	F	0.05%
GPC	F	0.05%
HOLX	D	0.05%
ACI	C	0.05%
KO	D	0.05%
HSIC	C	0.05%
HKD	F	0.0%

ACWV Underweight 30 Positions Relative to SPMV

Symbol	Grade	Weight
NVDA	A	-3.54%
GEV	A	-3.53%
AMZN	B	-3.25%
AAPL	C	-2.9%
QCOM	F	-2.79%
HD	A	-2.22%
AVGO	C	-2.12%
ADBE	D	-2.1%
NOW	B	-1.76%
AMT	D	-1.76%
VRSK	B	-1.69%
ZTS	D	-1.64%
CRM	B	-1.63%
NEE	C	-1.59%
SRE	A	-1.49%
PFE	F	-1.02%
MKC	D	-0.75%
INTU	B	-0.75%
CCI	C	-0.7%
RTX	D	-0.65%
JPM	A	-0.61%
GOOG	B	-0.58%
IDXX	F	-0.37%
META	C	-0.33%
BIIB	F	-0.31%
ADM	D	-0.25%
AIG	C	-0.25%
CVS	F	-0.22%
TRMB	B	-0.1%
BA	D	-0.04%