CVMC vs. MTUM ETF Comparison

Comparison of Morgan Stanley ETF Trust Calvert US Mid-Cap Core Responsible Index ETF (CVMC) to iShares MSCI USA Momentum Factor ETF (MTUM)

CVMC

Morgan Stanley ETF Trust Calvert US Mid-Cap Core Responsible Index ETF

CVMC Description

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index is composed of common stocks of mid-size companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment.

Grade (RS Rating)

Last Trade

$59.08

Average Daily Volume

3,733

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$201.46

Average Daily Volume

642,258

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	CVMC	MTUM
30 Days	1.30%	2.68%
60 Days	6.71%	12.97%
90 Days	8.66%	2.33%
12 Months	29.50%	47.95%

3 Overlapping Holdings

Symbol	Grade	Weight in CVMC	Weight in MTUM	Overlap
ALL	B	0.5%	0.4%	0.4%
BK	C	0.52%	0.45%	0.45%
URI	C	0.51%	0.48%	0.48%

CVMC Overweight 7 Positions Relative to MTUM

Symbol	Grade	Weight
ADSK	B	0.58%
FTNT	A	0.52%
KMB	B	0.5%
CCI	C	0.5%
IQV	F	0.48%
D	A	0.48%
TTD	C	0.48%

CVMC Underweight 120 Positions Relative to MTUM

Symbol	Grade	Weight
META	A	-5.16%
AVGO	C	-4.99%
NVDA	C	-4.58%
AMZN	C	-4.54%
LLY	D	-4.44%
JPM	D	-4.25%
COST	C	-3.62%
GE	C	-3.52%
WMT	A	-3.39%
PGR	C	-1.89%
ETN	C	-1.79%
GS	C	-1.68%
RTX	A	-1.61%
PM	C	-1.51%
AXP	A	-1.48%
QCOM	D	-1.43%
CEG	B	-1.39%
AMAT	B	-1.38%
ANET	A	-1.22%
BSX	A	-1.19%
KKR	A	-1.17%
MU	D	-1.14%
ISRG	A	-1.13%
TJX	C	-1.1%
TT	A	-1.09%
KLAC	B	-1.04%
LMT	A	-1.03%
MMM	C	-1.01%
C	B	-0.99%
VRTX	D	-0.96%
CB	A	-0.93%
APH	D	-0.92%
CTAS	B	-0.88%
PH	A	-0.81%
MCK	F	-0.79%
TDG	A	-0.79%
CL	D	-0.79%
FI	A	-0.78%
MSI	A	-0.76%
ICE	A	-0.75%
WELL	C	-0.73%
VST	A	-0.69%
HWM	A	-0.66%
PLTR	A	-0.58%
GD	A	-0.57%
EMR	B	-0.57%
AJG	D	-0.56%
PEG	A	-0.52%
FICO	A	-0.52%
VRT	B	-0.52%
IRM	A	-0.51%
APO	A	-0.47%
MSTR	B	-0.47%
TRGP	B	-0.47%
COIN	F	-0.46%
HIG	A	-0.46%
DELL	C	-0.45%
AEP	C	-0.44%
DHI	C	-0.44%
WMB	A	-0.44%
HLT	A	-0.42%
IR	A	-0.41%
PWR	B	-0.4%
MPWR	B	-0.39%
PHM	A	-0.36%
GRMN	D	-0.36%
RSG	D	-0.35%
EME	C	-0.34%
FERG	F	-0.34%
CBRE	A	-0.33%
APP	A	-0.33%
VLTO	A	-0.33%
WAB	A	-0.32%
NTAP	D	-0.32%
SMCI	F	-0.32%
DFS	C	-0.31%
LEN	B	-0.31%
DECK	B	-0.3%
GDDY	D	-0.3%
NRG	A	-0.28%
WSM	B	-0.28%
MLM	D	-0.27%
EBAY	A	-0.26%
ARES	A	-0.26%
NVR	A	-0.25%
LII	C	-0.25%
BRO	A	-0.25%
FITB	C	-0.24%
LDOS	A	-0.24%
VMC	D	-0.24%
NDAQ	C	-0.24%
WTW	B	-0.23%
CSL	A	-0.23%
DOV	C	-0.22%
SW	C	-0.22%
TPL	B	-0.22%
TYL	B	-0.22%
AXON	A	-0.21%
STX	B	-0.18%
TW	A	-0.18%
ERIE	A	-0.18%
WDC	C	-0.18%
SYF	B	-0.17%
PSTG	F	-0.15%
PKG	C	-0.15%
HEI	A	-0.15%
HUBB	A	-0.14%
UTHR	C	-0.14%
UHS	D	-0.13%
IP	C	-0.13%
L	D	-0.12%
HEI	A	-0.12%
OC	C	-0.12%
HOOD	C	-0.11%
DKS	D	-0.1%
TOST	C	-0.09%
FNF	A	-0.09%
DVA	C	-0.08%
CG	C	-0.07%
ALLY	F	-0.06%