ACWV vs. USMF ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to WisdomTree U.S. Multifactor Fund (USMF)

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

$114.63

Average Daily Volume

115,198

Number of Holdings ^*

138

* may have additional holdings in another (foreign) market

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested 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 generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.86

Average Daily Volume

26,727

Number of Holdings ^*

199

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	USMF
30 Days	1.51%	8.05%
60 Days	-0.08%	8.47%
90 Days	1.49%	9.76%
12 Months	19.64%	32.83%

68 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in USMF	Overlap
ABBV	D	0.51%	0.37%	0.37%
ABT	B	0.1%	0.4%	0.1%
ACI	C	0.05%	0.36%	0.05%
AEP	C	0.07%	0.29%	0.07%
AIZ	A	0.13%	0.38%	0.13%
AKAM	D	0.28%	0.98%	0.28%
AZO	B	0.75%	0.71%	0.71%
BAH	F	0.36%	0.27%	0.27%
BMRN	D	0.19%	0.19%	0.19%
BMY	B	0.25%	0.36%	0.25%
BRK.A	B	0.92%	0.37%	0.37%
BRO	A	0.3%	0.36%	0.3%
CAG	D	0.05%	0.26%	0.05%
CAH	B	0.18%	0.44%	0.18%
CBOE	B	0.57%	0.35%	0.35%
CI	D	0.24%	0.28%	0.24%
CL	D	0.36%	0.3%	0.3%
CME	A	0.24%	0.36%	0.24%
COR	A	1.05%	0.48%	0.48%
CTSH	A	0.21%	1.32%	0.21%
DGX	B	0.15%	0.42%	0.15%
DINO	F	0.06%	0.25%	0.06%
DUK	C	0.83%	0.31%	0.31%
EA	B	0.63%	1.14%	0.63%
ELV	F	0.41%	0.29%	0.29%
FCNCA	B	0.25%	0.3%	0.25%
FFIV	A	0.37%	1.3%	0.37%
FI	A	0.5%	0.43%	0.43%
FICO	A	0.12%	1.08%	0.12%
GDDY	A	0.68%	1.52%	0.68%
GEN	A	0.3%	1.01%	0.3%
GILD	B	0.46%	0.42%	0.42%
GIS	D	0.61%	0.27%	0.27%
HOLX	D	0.05%	0.42%	0.05%
IBM	C	0.77%	1.39%	0.77%
JNJ	D	1.06%	0.43%	0.43%
JNPR	F	0.29%	0.93%	0.29%
KHC	D	0.32%	0.26%	0.26%
KMB	C	0.32%	0.32%	0.32%
KR	A	0.83%	0.34%	0.34%
L	A	0.41%	0.4%	0.4%
LMT	D	0.23%	0.39%	0.23%
MCK	B	1.43%	0.46%	0.46%
MKL	A	0.44%	0.34%	0.34%
MPC	D	0.15%	0.29%	0.15%
MRK	D	1.06%	0.35%	0.35%
MSI	B	1.89%	1.51%	1.51%
NBIX	C	0.32%	0.25%	0.25%
ORLY	A	0.61%	0.8%	0.61%
PCG	A	0.1%	0.3%	0.1%
PG	A	0.86%	0.33%	0.33%
PGR	A	0.86%	0.36%	0.36%
REGN	F	0.57%	0.26%	0.26%
ROP	B	1.33%	1.31%	1.31%
RSG	A	1.21%	0.4%	0.4%
T	A	0.27%	1.09%	0.27%
TDY	B	0.11%	1.32%	0.11%
TJX	A	0.37%	0.84%	0.37%
TMUS	A	2.02%	1.27%	1.27%
TRV	B	0.32%	0.38%	0.32%
UTHR	B	0.38%	0.38%	0.38%
VRSN	C	0.34%	1.43%	0.34%
VZ	B	0.79%	0.9%	0.79%
WDAY	C	0.1%	0.78%	0.1%
WM	A	1.5%	0.41%	0.41%
WMT	A	1.93%	0.36%	0.36%
WRB	A	0.42%	0.34%	0.34%
XOM	C	0.1%	0.44%	0.1%

ACWV Overweight 70 Positions Relative to USMF

Symbol	Grade	Weight
CSCO	A	1.58%
PEP	F	1.05%
VRTX	D	1.04%
MCD	D	0.98%
MMC	A	0.9%
CB	C	0.87%
ED	C	0.86%
UNH	B	0.82%
SO	C	0.8%
NOC	D	0.75%
MSFT	C	0.73%
WEC	A	0.7%
V	A	0.59%
ACGL	D	0.57%
K	A	0.56%
APH	B	0.55%
ORCL	B	0.55%
LLY	D	0.49%
CHD	B	0.47%
KEYS	B	0.45%
HSY	F	0.43%
WCN	A	0.4%
AON	A	0.36%
CHT	C	0.36%
KDP	D	0.35%
INCY	B	0.35%
AMGN	F	0.34%
AJG	A	0.34%
HUM	C	0.33%
TSN	B	0.31%
ERIE	D	0.28%
SJM	C	0.27%
CF	B	0.26%
ACN	B	0.25%
MDLZ	F	0.24%
MFG	B	0.23%
YUM	B	0.23%
HRL	D	0.23%
FWONK	A	0.22%
BDX	F	0.22%
CPB	D	0.22%
PTC	A	0.22%
ROL	A	0.21%
DPZ	B	0.2%
MA	A	0.19%
JKHY	D	0.19%
GD	F	0.18%
CMS	B	0.17%
LNG	A	0.16%
ULTA	F	0.14%
CTVA	A	0.13%
TPL	B	0.13%
WIT	A	0.12%
MNST	B	0.12%
AZPN	A	0.11%
AEE	A	0.11%
MOH	D	0.11%
XEL	A	0.11%
NEM	F	0.1%
WTW	A	0.1%
EG	C	0.1%
TRGP	B	0.08%
IT	C	0.07%
KNX	B	0.06%
ANET	C	0.06%
CHRW	C	0.06%
HSIC	B	0.06%
FANG	F	0.06%
GPC	D	0.05%
KO	D	0.05%

ACWV Underweight 131 Positions Relative to USMF

Symbol	Grade	Weight
APP	B	-1.8%
SNX	C	-1.16%
TYL	A	-1.09%
FOXA	C	-1.09%
ZM	B	-1.02%
DBX	C	-1.01%
DOCU	B	-1.0%
CVLT	A	-0.98%
CRM	B	-0.97%
HPQ	B	-0.96%
DIS	B	-0.92%
CMCSA	C	-0.92%
DT	C	-0.9%
NYT	D	-0.86%
FTNT	B	-0.85%
NTAP	B	-0.84%
DRI	B	-0.77%
TXRH	A	-0.77%
EPAM	C	-0.75%
MUSA	A	-0.74%
IPG	C	-0.74%
LVS	C	-0.71%
ARMK	A	-0.71%
EBAY	C	-0.68%
INFA	D	-0.68%
NTNX	B	-0.64%
GM	C	-0.61%
HRB	D	-0.58%
EXPE	B	-0.54%
CRUS	D	-0.51%
FSLR	F	-0.48%
AMP	A	-0.44%
LDOS	D	-0.44%
EHC	A	-0.43%
IBKR	A	-0.43%
BSX	B	-0.43%
ECL	D	-0.43%
EOG	C	-0.42%
EXEL	A	-0.42%
ADP	A	-0.41%
ETR	A	-0.41%
RJF	A	-0.41%
HIG	A	-0.4%
ADTN	B	-0.4%
WFC	A	-0.4%
COP	D	-0.4%
UNM	A	-0.4%
DOV	A	-0.39%
ANF	C	-0.39%
JPM	B	-0.39%
ZBH	C	-0.38%
VRSK	A	-0.38%
CACI	D	-0.38%
GPK	C	-0.38%
INGR	B	-0.38%
BR	A	-0.38%
ALSN	B	-0.37%
CCK	D	-0.37%
RLI	A	-0.37%
LH	B	-0.37%
ALL	A	-0.37%
CHE	D	-0.37%
CINF	A	-0.37%
ORI	A	-0.36%
CNA	B	-0.36%
PCAR	B	-0.36%
EME	B	-0.36%
BERY	B	-0.36%
PPC	C	-0.36%
SSNC	A	-0.36%
PRI	A	-0.35%
AXP	A	-0.35%
MLI	C	-0.35%
VOYA	B	-0.35%
OGE	A	-0.35%
GAP	C	-0.35%
HAL	C	-0.35%
AFL	A	-0.35%
AIG	B	-0.34%
LHX	C	-0.34%
MO	A	-0.34%
DE	B	-0.34%
MRO	B	-0.34%
VLO	C	-0.33%
VTRS	B	-0.33%
EWBC	B	-0.33%
MSA	C	-0.33%
RGA	A	-0.33%
GLPI	B	-0.33%
NTRS	A	-0.33%
SYF	A	-0.32%
ELS	B	-0.32%
NNN	D	-0.32%
VICI	C	-0.32%
MTB	B	-0.32%
TAP	C	-0.31%
DVN	F	-0.31%
POST	B	-0.31%
PNW	A	-0.31%
CBSH	B	-0.31%
MTG	B	-0.3%
TMO	F	-0.3%
CRS	A	-0.3%
SYY	C	-0.3%
FRT	A	-0.3%
EIX	A	-0.3%
REYN	D	-0.3%
UHS	D	-0.3%
J	D	-0.3%
DVA	A	-0.29%
RYAN	A	-0.29%
SFM	A	-0.29%
HCA	F	-0.29%
LPX	B	-0.29%
MAS	D	-0.28%
WPC	D	-0.28%
FDX	B	-0.26%
CNC	F	-0.26%
THC	D	-0.25%
SAIC	F	-0.25%
AMT	D	-0.23%
APA	F	-0.23%
PAYC	A	-0.23%
FCN	D	-0.23%
PYPL	B	-0.22%
HII	D	-0.22%
MMM	C	-0.2%
FMC	D	-0.19%
HALO	F	-0.18%
LNTH	D	-0.14%
GL	C	-0.14%