FOVL vs. CSB ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF (CSB)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$68.28

Average Daily Volume

1,851

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CSB

Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index ETF

CSB Description

CSB's take on the US small-cap space mirrors that of its large-cap sibling, CDL. To qualify for this fund, a company must be among the 500 largest US companies under 3 billion USD in market cap and must have positive earnings for the four most recent quarters. The index selects the 100 highest dividend-yielding stocks from this group and weights them by inverse volatility, giving overweight to low-vol stocks. The index applies 20% country cap and 25% sector cap with semi-annual reconstitution starting each March. The funds closest peers are sibling funds: CSA, which has the same exposure but without the dividend yield screen, and CSF with a cash toggle feature during downturns.

Grade (RS Rating)

Last Trade

$58.66

Average Daily Volume

17,648

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	CSB
30 Days	4.36%	2.06%
60 Days	13.72%	7.40%
90 Days	15.49%	12.56%
12 Months	42.32%	27.07%

2 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in CSB	Overlap
	FHB	D	2.66%	1.07%	1.07%
	SNV	D	2.96%	0.81%	0.81%

FOVL Overweight 37 Positions Relative to CSB

Symbol	Grade	Weight
FYBR	C	3.93%
TOL	C	3.89%
PNFP	B	3.48%
IBKR	A	3.37%
SF	A	3.2%
AXS	A	3.05%
JPM	C	2.98%
ORI	A	2.91%
LPX	C	2.91%
BLDR	C	2.86%
JHG	A	2.86%
T	B	2.81%
COF	A	2.78%
Z	C	2.66%
CNA	D	2.62%
CUZ	C	2.62%
KMI	A	2.61%
WLK	C	2.57%
WTM	C	2.54%
FNB	D	2.51%
WBS	D	2.5%
HPE	B	2.48%
STT	A	2.46%
DFS	A	2.44%
AMG	B	2.39%
PFG	A	2.32%
PNW	C	2.23%
AN	D	2.21%
LYB	B	2.17%
THO	C	2.16%
SNDR	D	2.01%
AGR	C	1.95%
NUE	D	1.88%
UNM	A	1.75%
ALK	C	1.71%
CLF	D	1.55%
LLYVK	B	0.79%

FOVL Underweight 95 Positions Relative to CSB

Symbol	Grade	Weight
DTM	A	-1.75%
IDA	D	-1.63%
SR	D	-1.6%
FHI	A	-1.55%
NWE	C	-1.54%
NJR	C	-1.53%
FLO	D	-1.52%
POR	D	-1.5%
NFG	A	-1.5%
PNM	B	-1.49%
BKH	C	-1.44%
AWR	B	-1.43%
OGS	C	-1.4%
SON	D	-1.39%
AVA	D	-1.34%
WEN	B	-1.3%
SJW	D	-1.27%
WU	D	-1.23%
AVT	B	-1.23%
PINC	F	-1.22%
MSM	D	-1.21%
SWX	C	-1.21%
GEF	B	-1.2%
SXT	C	-1.2%
ENR	B	-1.19%
KNTK	A	-1.18%
CALM	A	-1.18%
WKC	A	-1.17%
TGNA	B	-1.15%
CRI	D	-1.13%
MAN	D	-1.13%
WMG	D	-1.12%
HNI	B	-1.11%
KMT	C	-1.1%
NWBI	D	-1.05%
APAM	B	-1.01%
CWEN	C	-1.0%
KTB	C	-1.0%
INSW	B	-1.0%
SEE	C	-0.98%
FFBC	D	-0.96%
OTTR	F	-0.95%
TNL	B	-0.95%
NAVI	D	-0.95%
UBSI	D	-0.94%
ASB	D	-0.93%
BANR	B	-0.93%
CCOI	B	-0.92%
AROC	B	-0.91%
MC	B	-0.91%
UGI	C	-0.9%
CAKE	A	-0.9%
NOG	D	-0.89%
FRME	D	-0.89%
BKE	B	-0.89%
IPAR	D	-0.88%
SFNC	B	-0.88%
AUB	D	-0.87%
BOH	D	-0.87%
FULT	D	-0.87%
PDCO	F	-0.86%
NSP	F	-0.86%
PII	D	-0.86%
AEO	C	-0.85%
LEVI	C	-0.85%
WSBC	D	-0.85%
TRN	C	-0.84%
LNC	B	-0.83%
CVBF	B	-0.83%
UPBD	F	-0.81%
FIBK	C	-0.81%
AESI	B	-0.8%
HP	D	-0.79%
CVI	D	-0.78%
PFS	D	-0.77%
LCII	C	-0.76%
INDB	D	-0.76%
OZK	D	-0.75%
CRC	B	-0.75%
VAC	D	-0.74%
STRA	F	-0.72%
CRGY	B	-0.69%
HEES	D	-0.69%
CABO	F	-0.67%
VLY	C	-0.66%
COLB	C	-0.66%
PTVE	D	-0.65%
M	D	-0.64%
PTEN	F	-0.64%
JWN	D	-0.63%
MLKN	F	-0.61%
OGN	F	-0.59%
KSS	D	-0.58%
AAP	F	-0.55%
CC	D	-0.48%