DFVE vs. USMV ETF Comparison

Comparison of DoubleLine Fortune 500 Equal Weight ETF (DFVE) to iShares MSCI USA Minimum Volatility ETF (USMV)

DFVE

DoubleLine Fortune 500 Equal Weight ETF

DFVE Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the underlying index, or derivatives transactions that provide investment exposure to the underlying index or securities that comprise the underlying index. The fund will concentrate its investments in securities of issuers in any one industry or group of industries to the extent that the underlying index reflects a concentration in that industry or group of industries.

Grade (RS Rating)

Last Trade

$30.50

Average Daily Volume

1,621

Number of Holdings ^*

455

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. 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. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.78

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	DFVE	USMV
30 Days	4.75%	1.70%
60 Days	5.52%	2.42%
90 Days	7.18%	4.02%
12 Months		25.63%

116 Overlapping Holdings

Symbol	Grade	Weight in DFVE	Weight in USMV	Overlap
AAPL	C	0.2%	0.99%	0.2%
ABBV	D	0.18%	1.04%	0.18%
ABT	B	0.21%	0.09%	0.09%
ADI	D	0.19%	0.23%	0.19%
ADP	B	0.23%	0.09%	0.09%
AEE	A	0.23%	0.24%	0.23%
AEP	D	0.2%	0.39%	0.2%
AFG	A	0.22%	0.35%	0.22%
AIZ	A	0.23%	0.32%	0.23%
AJG	B	0.21%	1.27%	0.21%
AMGN	D	0.18%	0.59%	0.18%
AMZN	C	0.23%	0.14%	0.14%
APH	A	0.23%	1.44%	0.23%
AVGO	D	0.21%	1.19%	0.21%
AZO	C	0.19%	0.98%	0.19%
BAH	F	0.19%	0.39%	0.19%
BDX	F	0.19%	0.56%	0.19%
BMY	B	0.24%	0.49%	0.24%
BRK.A	B	0.21%	1.55%	0.21%
CDW	F	0.16%	0.35%	0.16%
CI	F	0.19%	0.21%	0.19%
CL	D	0.18%	0.41%	0.18%
CMCSA	B	0.22%	0.39%	0.22%
CMS	C	0.21%	0.19%	0.19%
COR	B	0.21%	0.67%	0.21%
CPB	D	0.19%	0.33%	0.19%
CRM	B	0.27%	0.05%	0.05%
CSCO	B	0.24%	1.47%	0.24%
CTSH	B	0.21%	0.76%	0.21%
CTVA	C	0.22%	0.38%	0.22%
CVS	D	0.21%	0.04%	0.04%
CVX	A	0.22%	0.34%	0.22%
D	C	0.21%	0.23%	0.21%
DELL	C	0.27%	0.12%	0.12%
DGX	A	0.21%	0.11%	0.11%
DTE	C	0.2%	0.2%	0.2%
DUK	C	0.21%	1.49%	0.21%
EA	A	0.23%	0.89%	0.23%
ED	D	0.2%	1.13%	0.2%
ELV	F	0.15%	0.52%	0.15%
EOG	A	0.21%	0.17%	0.17%
FANG	D	0.19%	0.55%	0.19%
FCNCA	A	0.24%	0.88%	0.24%
FI	A	0.26%	0.69%	0.26%
GD	F	0.19%	0.05%	0.05%
GILD	C	0.23%	0.94%	0.23%
GIS	D	0.19%	0.66%	0.19%
GLW	B	0.23%	0.31%	0.23%
HD	A	0.23%	0.3%	0.23%
HIG	B	0.21%	0.12%	0.12%
HON	B	0.22%	0.25%	0.22%
HRL	D	0.19%	0.21%	0.19%
HSY	F	0.19%	0.3%	0.19%
HUM	C	0.17%	0.4%	0.17%
IBM	C	0.23%	1.66%	0.23%
ICE	C	0.2%	0.28%	0.2%
JNJ	D	0.19%	1.18%	0.19%
K	A	0.21%	0.8%	0.21%
KDP	D	0.18%	0.59%	0.18%
KHC	F	0.18%	0.38%	0.18%
KMB	D	0.2%	0.21%	0.2%
KNX	B	0.23%	0.06%	0.06%
KO	D	0.18%	0.1%	0.1%
KR	B	0.23%	0.61%	0.23%
L	A	0.21%	0.28%	0.21%
LLY	F	0.16%	1.25%	0.16%
LMT	D	0.19%	0.82%	0.19%
MA	C	0.22%	0.7%	0.22%
MCD	D	0.2%	1.25%	0.2%
MCK	B	0.23%	1.35%	0.23%
MDLZ	F	0.19%	0.44%	0.19%
MKL	A	0.22%	0.34%	0.22%
MMC	B	0.2%	1.11%	0.2%
MOH	F	0.17%	0.18%	0.17%
MPC	D	0.19%	0.54%	0.19%
MRK	F	0.17%	1.01%	0.17%
MSFT	F	0.2%	1.34%	0.2%
MSI	B	0.23%	1.81%	0.23%
NEM	D	0.17%	0.46%	0.17%
NOC	D	0.2%	1.43%	0.2%
NOW	A	0.26%	0.75%	0.26%
NVDA	C	0.25%	0.67%	0.25%
ORCL	B	0.28%	1.31%	0.28%
ORLY	B	0.22%	0.68%	0.22%
OTIS	C	0.22%	0.07%	0.07%
OXY	D	0.18%	0.12%	0.12%
PEP	F	0.19%	1.01%	0.19%
PFE	D	0.18%	0.2%	0.18%
PG	A	0.21%	1.23%	0.21%
PGR	A	0.22%	1.67%	0.22%
PKG	A	0.24%	0.2%	0.2%
PSX	C	0.2%	0.06%	0.06%
REGN	F	0.13%	0.59%	0.13%
RSG	A	0.21%	1.55%	0.21%
RTX	C	0.2%	0.09%	0.09%
SO	D	0.21%	1.35%	0.21%
T	A	0.24%	0.74%	0.24%
TJX	A	0.21%	0.45%	0.21%
TRV	B	0.24%	1.15%	0.24%
TSN	B	0.2%	0.71%	0.2%
TXN	C	0.19%	1.39%	0.19%
UBER	D	0.2%	0.45%	0.2%
ULTA	F	0.19%	0.04%	0.04%
UNH	C	0.2%	1.34%	0.2%
V	A	0.23%	0.9%	0.23%
VLO	C	0.2%	0.05%	0.05%
VRTX	F	0.19%	0.69%	0.19%
VZ	C	0.21%	1.35%	0.21%
WDAY	B	0.21%	0.43%	0.21%
WEC	A	0.22%	0.78%	0.22%
WM	A	0.22%	1.44%	0.22%
WMB	A	0.27%	0.31%	0.27%
WMT	A	0.24%	1.78%	0.24%
WRB	A	0.21%	0.31%	0.21%
XEL	A	0.24%	0.46%	0.24%
XOM	B	0.21%	0.45%	0.21%

DFVE Overweight 339 Positions Relative to USMV

Symbol	Grade	Weight
UAL	A	0.45%
VST	B	0.39%
TSLA	B	0.35%
CVNA	B	0.35%
UNFI	A	0.33%
IBKR	A	0.31%
DAL	C	0.31%
LUMN	C	0.31%
ALK	C	0.3%
LPLA	A	0.3%
KD	B	0.29%
BKNG	A	0.29%
YUMC	C	0.29%
DASH	A	0.29%
TRGP	B	0.29%
LYV	A	0.29%
UNM	A	0.28%
SQ	B	0.28%
AAL	B	0.28%
ATUS	C	0.28%
RJF	A	0.28%
AA	B	0.28%
EME	C	0.27%
WBD	C	0.27%
EXPE	B	0.27%
DFS	B	0.27%
MS	A	0.27%
WFC	A	0.27%
SYF	B	0.27%
JEF	A	0.27%
KMI	A	0.27%
PWR	A	0.26%
SCHW	B	0.26%
SNEX	B	0.26%
BECN	B	0.26%
NWL	B	0.26%
ETR	B	0.26%
MTZ	B	0.26%
NFLX	A	0.26%
WCC	B	0.26%
WSM	B	0.26%
LAD	A	0.26%
DIS	B	0.26%
COF	B	0.26%
CEG	D	0.26%
LVS	C	0.26%
XPO	B	0.26%
OKE	A	0.26%
MTB	A	0.26%
AMP	A	0.26%
HBAN	A	0.25%
PCAR	B	0.25%
LNG	B	0.25%
CHWY	B	0.25%
JBL	B	0.25%
OC	A	0.25%
BJ	A	0.25%
LULU	C	0.25%
INTC	D	0.25%
NTRS	A	0.25%
SATS	D	0.25%
GXO	B	0.25%
MAR	B	0.25%
GWW	B	0.25%
FAST	B	0.25%
JBLU	F	0.25%
IP	B	0.25%
CAR	C	0.25%
EMR	A	0.25%
BKR	B	0.25%
HTZ	C	0.25%
AXP	A	0.24%
NRG	B	0.24%
SRE	A	0.24%
UGI	A	0.24%
HLT	A	0.24%
ACM	A	0.24%
BLK	C	0.24%
KEY	B	0.24%
PFGC	B	0.24%
R	B	0.24%
DE	A	0.24%
VMC	B	0.24%
BAC	A	0.24%
USFD	A	0.24%
RF	A	0.24%
ABNB	C	0.24%
VOYA	B	0.24%
PH	A	0.24%
ALB	C	0.24%
CNP	B	0.24%
HPE	B	0.24%
CBRE	B	0.24%
GM	B	0.24%
WSO	A	0.24%
GS	A	0.24%
PYPL	B	0.24%
BK	A	0.24%
WAB	B	0.24%
CASY	A	0.24%
APD	A	0.24%
STLD	B	0.24%
CMI	A	0.24%
RPM	A	0.24%
CHTR	C	0.23%
LUV	C	0.23%
CFG	B	0.23%
JPM	A	0.23%
CTAS	B	0.23%
FLR	B	0.23%
CMG	B	0.23%
ISRG	A	0.23%
GT	C	0.23%
BSX	B	0.23%
DOV	A	0.23%
CAT	B	0.23%
GNW	A	0.23%
VTRS	A	0.23%
TAP	C	0.23%
RS	B	0.23%
USB	A	0.23%
MET	A	0.23%
GPI	A	0.23%
EQH	B	0.23%
ARMK	B	0.23%
C	A	0.23%
STT	A	0.23%
SANM	B	0.23%
FITB	A	0.23%
FOXA	B	0.23%
CMC	B	0.23%
PNC	B	0.23%
EQIX	A	0.23%
MNST	C	0.23%
PEG	A	0.23%
CINF	A	0.23%
URI	B	0.23%
RGA	A	0.22%
WDC	D	0.22%
HSIC	B	0.22%
FIS	C	0.22%
JBHT	C	0.22%
BURL	A	0.22%
PM	B	0.22%
JWN	C	0.22%
LHX	C	0.22%
UPS	C	0.22%
NWSA	B	0.22%
PFG	D	0.22%
OVV	B	0.22%
TMHC	B	0.22%
SAH	A	0.22%
DRI	B	0.22%
MO	A	0.22%
SHW	A	0.22%
PRU	A	0.22%
NSC	B	0.22%
PVH	C	0.22%
LOW	D	0.22%
DXC	B	0.22%
SYK	C	0.22%
CLX	B	0.22%
HES	B	0.22%
VFC	C	0.22%
MU	D	0.22%
EBAY	D	0.22%
HPQ	B	0.22%
DVA	B	0.22%
CARR	D	0.22%
COST	B	0.22%
GAP	C	0.22%
META	D	0.22%
SBUX	A	0.22%
ABG	B	0.22%
ORI	A	0.22%
AGCO	D	0.22%
ROK	B	0.22%
ALL	A	0.22%
CAH	B	0.22%
ITW	B	0.22%
TFC	A	0.22%
PPL	B	0.22%
WHR	B	0.22%
PCG	A	0.22%
LNC	B	0.22%
UFPI	B	0.22%
INGR	B	0.22%
CPNG	D	0.22%
TOL	B	0.22%
BEN	C	0.22%
FDX	B	0.21%
ABM	B	0.21%
MGM	D	0.21%
NUE	C	0.21%
SPGI	C	0.21%
HAL	C	0.21%
INTU	C	0.21%
EXC	C	0.21%
TSCO	D	0.21%
PARA	C	0.21%
GOOGL	C	0.21%
X	C	0.21%
BLDR	D	0.21%
WY	D	0.21%
AFL	B	0.21%
JLL	D	0.21%
OMC	C	0.21%
GE	D	0.21%
OSK	B	0.21%
CHRW	C	0.21%
LH	C	0.21%
M	D	0.21%
CCK	C	0.21%
EMN	D	0.21%
W	F	0.21%
FNF	B	0.21%
LDOS	C	0.21%
THO	B	0.21%
GPN	B	0.21%
CSX	B	0.21%
MUSA	A	0.21%
BERY	B	0.21%
PBF	D	0.2%
AN	C	0.2%
ZBH	C	0.2%
ROST	C	0.2%
FE	C	0.2%
PAG	B	0.2%
ACI	C	0.2%
ZTS	D	0.2%
MMM	D	0.2%
COP	C	0.2%
ALV	C	0.2%
SYY	B	0.2%
GEHC	F	0.2%
SNX	C	0.2%
ECL	D	0.2%
EXPD	D	0.2%
BBWI	D	0.2%
AVT	C	0.2%
PHM	D	0.2%
BALL	D	0.2%
GPK	C	0.2%
SJM	D	0.2%
AIG	B	0.2%
FCX	D	0.2%
MAS	D	0.2%
STZ	D	0.2%
EIX	B	0.2%
WKC	D	0.2%
DD	D	0.2%
CZR	F	0.2%
BWA	D	0.2%
OI	C	0.2%
F	C	0.2%
ODP	F	0.19%
LRCX	F	0.19%
IPG	D	0.19%
J	F	0.19%
AMT	D	0.19%
ON	D	0.19%
NVR	D	0.19%
LKQ	D	0.19%
AVY	D	0.19%
NOV	C	0.19%
PLD	D	0.19%
QCOM	F	0.19%
NKE	D	0.19%
CLF	F	0.19%
XYL	D	0.19%
WBA	F	0.19%
SIRI	C	0.19%
LEN	D	0.19%
DK	C	0.19%
TXT	D	0.19%
ES	D	0.19%
AMD	F	0.19%
PPG	F	0.19%
ANDE	D	0.19%
UNP	C	0.19%
NEE	D	0.19%
KMX	B	0.19%
SAIC	F	0.19%
KSS	F	0.18%
BA	F	0.18%
SPTN	D	0.18%
DG	F	0.18%
BAX	D	0.18%
ADM	D	0.18%
DHI	D	0.18%
DVN	F	0.18%
SWK	D	0.18%
GPC	D	0.18%
THC	D	0.18%
AAP	C	0.18%
ARW	D	0.18%
DHR	F	0.18%
IFF	D	0.18%
CAG	D	0.18%
ALLY	C	0.18%
DINO	D	0.18%
DKS	C	0.18%
SKX	D	0.18%
WLK	D	0.18%
BBY	D	0.18%
MHK	D	0.18%
ADBE	C	0.18%
MOS	F	0.18%
AMAT	F	0.18%
SEB	F	0.17%
TGT	F	0.17%
MCHP	D	0.17%
HCA	F	0.17%
AMRK	F	0.17%
TMO	F	0.17%
UHS	D	0.17%
LEA	D	0.17%
DOW	F	0.17%
MAN	D	0.17%
DAN	D	0.16%
OMI	F	0.16%
CNC	D	0.16%
EL	F	0.16%
BIIB	F	0.16%
APA	D	0.16%
DLTR	F	0.16%
IQV	D	0.16%
KLAC	D	0.16%
PII	D	0.16%
PARR	D	0.16%
SMCI	F	0.15%
FL	F	0.15%
AES	F	0.15%
CYH	F	0.14%
NSIT	F	0.14%
HII	D	0.14%
QRTEA	F	0.13%
CE	F	0.12%
CNXC	F	0.12%

DFVE Underweight 54 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	B	-1.95%
WCN	A	-1.56%
CB	C	-1.47%
ROP	B	-1.3%
ACN	C	-1.29%
GDDY	A	-1.0%
CBOE	B	-0.85%
ACGL	D	-0.68%
VRSN	F	-0.64%
FICO	B	-0.59%
TDY	B	-0.57%
KEYS	A	-0.55%
FFIV	B	-0.55%
INCY	C	-0.53%
AON	A	-0.53%
CME	A	-0.53%
PTC	A	-0.52%
YUM	B	-0.5%
JNPR	F	-0.45%
EG	C	-0.43%
ERIE	D	-0.42%
VRSK	A	-0.42%
CHD	B	-0.4%
AKAM	D	-0.39%
WTW	B	-0.38%
ROL	B	-0.36%
IT	C	-0.35%
GEN	B	-0.35%
GRMN	B	-0.33%
NBIX	C	-0.32%
FWONK	B	-0.31%
ANET	C	-0.29%
HUBS	A	-0.24%
AZPN	A	-0.23%
ALNY	D	-0.22%
NTAP	C	-0.22%
BMRN	D	-0.22%
TW	A	-0.2%
DPZ	C	-0.19%
CRWD	B	-0.19%
CDNS	B	-0.18%
MELI	D	-0.18%
SNPS	B	-0.18%
HOLX	D	-0.16%
LIN	D	-0.16%
STX	D	-0.16%
GOOG	C	-0.16%
UTHR	C	-0.14%
MDT	D	-0.13%
LNT	A	-0.1%
TEL	B	-0.07%
ATO	A	-0.06%
FSLR	F	-0.06%
BR	A	-0.05%