GVLU vs. USMV ETF Comparison

Comparison of Gotham 1000 Value ETF (GVLU) to iShares MSCI USA Minimum Volatility ETF (USMV)

GVLU

Gotham 1000 Value ETF

GVLU Description

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by generally investing in equity securities of 400-600 mid- to large-capitalization companies chosen from a universe of the largest 1,400 companies listed on U.S. stock exchanges measured by market capitalization.

Grade (RS Rating)

Last Trade

$24.62

Average Daily Volume

27,623

Number of Holdings ^*

476

* 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

$91.28

Average Daily Volume

2,252,407

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	GVLU	USMV
30 Days	3.12%	1.97%
60 Days	4.24%	6.57%
90 Days	6.68%	8.42%
12 Months	23.89%	23.92%

76 Overlapping Holdings

Symbol	Grade	Weight in GVLU	Weight in USMV	Overlap
ACGL	C	0.55%	0.8%	0.55%
ACN	C	0.02%	1.28%	0.02%
AFG	B	0.17%	0.34%	0.17%
AIZ	B	0.52%	0.28%	0.28%
AON	B	0.08%	0.49%	0.08%
BDX	D	0.15%	0.59%	0.15%
BMY	C	0.12%	0.41%	0.12%
BR	D	0.09%	0.05%	0.05%
CB	B	0.33%	1.5%	0.33%
CBOE	C	0.17%	0.87%	0.17%
CI	C	0.37%	0.23%	0.23%
CL	D	0.09%	0.47%	0.09%
CMCSA	D	0.36%	0.36%	0.36%
CME	C	0.35%	0.51%	0.35%
CPB	C	0.04%	0.39%	0.04%
CSCO	C	0.02%	1.29%	0.02%
CVS	D	0.28%	0.05%	0.05%
CVX	D	0.18%	0.3%	0.18%
DGX	B	0.01%	0.1%	0.01%
DPZ	F	0.04%	0.17%	0.04%
EG	C	0.51%	0.45%	0.45%
ELV	C	0.29%	0.72%	0.29%
EOG	D	0.39%	0.15%	0.15%
FANG	D	0.34%	0.53%	0.34%
FFIV	B	0.16%	0.49%	0.16%
GILD	B	0.39%	0.89%	0.39%
GIS	B	0.23%	0.77%	0.23%
GRMN	D	0.17%	0.27%	0.17%
HIG	B	0.31%	0.12%	0.12%
HOLX	C	0.03%	0.17%	0.03%
HON	D	0.04%	0.22%	0.04%
HRL	C	0.22%	0.22%	0.22%
HSY	C	0.03%	0.35%	0.03%
HUM	F	0.49%	0.47%	0.47%
INCY	C	0.36%	0.48%	0.36%
JNJ	C	0.2%	1.28%	0.2%
JNPR	B	0.07%	0.49%	0.07%
K	B	0.6%	0.81%	0.6%
KDP	B	0.15%	0.71%	0.15%
KHC	C	0.38%	0.44%	0.38%
KMB	D	0.33%	0.22%	0.22%
KO	C	0.04%	0.11%	0.04%
KR	C	0.43%	0.59%	0.43%
L	C	0.32%	0.27%	0.27%
LMT	C	0.16%	0.88%	0.16%
MCD	B	0.03%	1.27%	0.03%
MCK	F	0.15%	1.14%	0.15%
MDLZ	B	0.18%	0.52%	0.18%
MDT	C	0.13%	0.14%	0.13%
MKL	C	0.51%	0.32%	0.32%
MMC	C	0.05%	1.16%	0.05%
MOH	D	0.44%	0.23%	0.23%
MPC	F	0.18%	0.56%	0.18%
MRK	D	0.17%	1.22%	0.17%
NOC	B	0.04%	1.52%	0.04%
NTAP	D	0.01%	0.21%	0.01%
OTIS	C	0.02%	0.06%	0.02%
OXY	F	0.11%	0.13%	0.11%
PEP	C	0.05%	1.15%	0.05%
PGR	B	0.5%	1.68%	0.5%
PSX	F	0.17%	0.06%	0.06%
T	C	0.47%	0.71%	0.47%
TDY	B	0.18%	0.52%	0.18%
TEL	D	0.24%	0.07%	0.07%
TMUS	C	0.33%	1.7%	0.33%
TRV	C	0.35%	1.05%	0.35%
TSN	C	0.02%	0.69%	0.02%
ULTA	D	0.12%	0.05%	0.05%
UNH	C	0.2%	1.38%	0.2%
UTHR	C	0.35%	0.13%	0.13%
V	C	0.11%	0.83%	0.11%
VLO	F	0.41%	0.05%	0.05%
VRSN	D	0.18%	0.65%	0.18%
VZ	B	0.47%	1.44%	0.47%
WRB	C	0.31%	0.3%	0.3%
YUM	D	0.02%	0.51%	0.02%

GVLU Overweight 400 Positions Relative to USMV

Symbol	Grade	Weight
RNR	C	0.58%
INGR	B	0.57%
CNC	D	0.52%
ALL	B	0.51%
CAG	C	0.51%
GL	C	0.5%
LNTH	D	0.5%
AGO	C	0.5%
SKX	D	0.48%
PPC	D	0.48%
BALL	C	0.47%
FTI	D	0.47%
ARMK	B	0.47%
NSIT	D	0.46%
ESGR	D	0.46%
SMPL	D	0.46%
MO	C	0.44%
NRG	C	0.44%
MMM	B	0.44%
ARW	C	0.44%
THC	A	0.43%
DINO	F	0.43%
GPK	B	0.43%
TAP	D	0.43%
MRO	D	0.42%
DAL	C	0.42%
REYN	C	0.42%
PRMW	B	0.41%
PLXS	A	0.41%
TPR	C	0.41%
WHD	C	0.41%
IDCC	C	0.41%
CCK	A	0.41%
MTN	D	0.41%
SON	C	0.41%
COLM	C	0.41%
SWK	B	0.41%
HP	F	0.4%
BCO	B	0.4%
THG	B	0.4%
CMI	C	0.4%
TKO	B	0.39%
LEVI	C	0.39%
CBT	B	0.39%
MMS	C	0.39%
ACI	F	0.39%
IP	B	0.38%
WU	F	0.38%
MSM	D	0.38%
KTB	B	0.38%
JAZZ	D	0.38%
CSL	B	0.38%
LNG	C	0.37%
MHK	C	0.37%
LDOS	B	0.37%
FOXA	B	0.36%
MIDD	D	0.36%
EEFT	D	0.36%
AVT	C	0.36%
PYPL	B	0.36%
CROX	D	0.36%
SNA	C	0.36%
ALKS	C	0.36%
DVN	F	0.36%
GFF	D	0.36%
DOX	C	0.36%
CNA	C	0.36%
RL	C	0.36%
ANF	D	0.35%
SEE	D	0.35%
SKYW	C	0.35%
DORM	B	0.35%
SNX	D	0.35%
ASH	D	0.35%
ADTN	D	0.35%
COP	D	0.35%
BKR	C	0.35%
SLVM	B	0.35%
SMG	C	0.35%
FTDR	B	0.34%
BWA	D	0.34%
UNM	B	0.34%
ALSN	B	0.34%
GAP	F	0.34%
OGN	D	0.34%
SOLV	C	0.33%
ABM	D	0.33%
GPN	D	0.33%
ASO	C	0.33%
POST	C	0.33%
RRX	C	0.33%
NKE	D	0.32%
AXTA	B	0.32%
ZM	C	0.32%
DXC	C	0.32%
RGA	C	0.32%
WCC	D	0.32%
IPG	C	0.32%
TGT	C	0.32%
BG	D	0.31%
CRI	D	0.31%
GFS	F	0.31%
BBY	C	0.31%
VMI	D	0.31%
RGLD	C	0.31%
RPM	B	0.31%
VFC	C	0.31%
QRVO	F	0.31%
SWX	C	0.3%
APTV	D	0.3%
CAT	B	0.3%
LRN	B	0.3%
PVH	F	0.3%
GOLF	D	0.3%
URBN	F	0.3%
TTC	D	0.3%
DAR	F	0.3%
J	C	0.3%
NFG	B	0.29%
CEIX	D	0.29%
HSIC	C	0.29%
HPQ	D	0.29%
TGNA	D	0.28%
CHX	F	0.28%
MTCH	C	0.28%
CRUS	D	0.28%
ACLS	F	0.28%
CNK	C	0.28%
SYY	D	0.27%
FLO	C	0.27%
TKR	D	0.27%
OTEX	D	0.27%
IFF	B	0.27%
MUR	F	0.27%
DCI	C	0.26%
OMC	B	0.26%
LCII	C	0.26%
CPRI	D	0.26%
AFL	C	0.25%
QCOM	D	0.25%
KNSL	C	0.25%
JWN	C	0.25%
BYD	C	0.25%
PRIM	B	0.25%
AYI	B	0.25%
UHS	B	0.24%
NEU	D	0.24%
SWKS	D	0.24%
GTES	C	0.24%
MWA	B	0.24%
AMCR	B	0.24%
WEX	C	0.23%
FMC	C	0.23%
DIS	D	0.23%
FUL	C	0.23%
HOG	C	0.23%
ASGN	D	0.23%
XRAY	D	0.23%
LECO	F	0.23%
GNTX	F	0.22%
USFD	B	0.22%
EME	B	0.22%
GMS	D	0.22%
DBX	D	0.22%
NWL	C	0.22%
TEX	F	0.21%
EQH	C	0.21%
CALM	A	0.21%
FDX	C	0.21%
MTZ	B	0.21%
UA	D	0.21%
PBH	B	0.2%
AXS	B	0.2%
KWR	D	0.2%
CNM	F	0.2%
CMC	D	0.2%
GM	C	0.2%
ADM	D	0.2%
NSP	F	0.2%
BAX	C	0.2%
NVST	D	0.2%
SM	F	0.19%
AVNT	B	0.19%
ATI	D	0.19%
CTRA	F	0.19%
BRC	C	0.19%
LAD	D	0.19%
RMD	C	0.19%
TNET	F	0.19%
SLB	F	0.19%
FELE	C	0.18%
KFY	B	0.18%
AAL	D	0.18%
SEM	D	0.18%
SSNC	B	0.18%
UI	B	0.18%
MCY	D	0.18%
PRU	C	0.17%
VTRS	D	0.17%
CSX	D	0.17%
LYB	D	0.17%
ALE	B	0.17%
JBL	D	0.17%
BERY	B	0.17%
LOW	B	0.17%
BJ	D	0.17%
FN	D	0.16%
LULU	D	0.16%
BIIB	F	0.16%
CAH	C	0.16%
LANC	D	0.16%
OVV	F	0.16%
EBAY	B	0.16%
LBRT	D	0.16%
SAM	F	0.16%
SANM	D	0.16%
WMG	D	0.16%
HUBG	C	0.16%
LNC	D	0.16%
LOPE	D	0.16%
QGEN	C	0.16%
CNO	B	0.15%
WSC	D	0.15%
BDC	B	0.15%
SIG	C	0.15%
PAYC	D	0.15%
AIT	A	0.15%
CHTR	D	0.15%
MSA	D	0.15%
WSM	D	0.15%
JCI	B	0.14%
ESAB	C	0.14%
GPI	B	0.13%
FDS	C	0.13%
DRI	B	0.13%
SXT	C	0.13%
ACM	B	0.13%
ENS	D	0.12%
USM	C	0.12%
WH	B	0.12%
KVUE	C	0.12%
DOV	B	0.12%
ACIW	C	0.12%
LKQ	F	0.12%
URI	B	0.12%
MAN	C	0.12%
ATGE	D	0.12%
IGT	D	0.12%
STE	C	0.12%
RYAN	D	0.12%
AZEK	C	0.11%
LPX	B	0.11%
EXPE	C	0.11%
CE	F	0.11%
ACT	B	0.11%
MAR	C	0.11%
HAL	F	0.11%
ICFI	B	0.11%
HAYW	C	0.11%
AN	D	0.11%
DVA	B	0.11%
CLX	C	0.11%
HPE	D	0.1%
OC	D	0.1%
NXST	D	0.1%
IBOC	D	0.1%
SSD	D	0.1%
CZR	C	0.1%
COKE	C	0.1%
AM	C	0.1%
PNR	B	0.1%
IRDM	D	0.1%
KNF	B	0.1%
NVT	D	0.09%
HAFN	D	0.09%
LEA	F	0.09%
FOUR	C	0.09%
SBAC	C	0.09%
CIEN	C	0.09%
WFG	B	0.09%
FG	D	0.09%
CW	B	0.08%
DDS	F	0.08%
PRI	B	0.08%
EWBC	D	0.08%
BLD	D	0.08%
AGCO	D	0.08%
TPX	C	0.08%
WFRD	F	0.08%
ATKR	F	0.08%
AVY	C	0.08%
MKC	C	0.07%
CPAY	B	0.07%
ALLE	B	0.07%
PM	C	0.07%
WEN	C	0.07%
OZK	D	0.07%
QLYS	F	0.07%
VRRM	D	0.07%
MASI	F	0.07%
EL	F	0.06%
HALO	C	0.06%
BKNG	C	0.06%
SHOO	B	0.06%
WOR	D	0.06%
MDU	C	0.06%
RBA	B	0.06%
IOSP	D	0.06%
HAS	B	0.06%
GWW	B	0.06%
IEX	D	0.05%
ELAN	D	0.05%
ITW	C	0.05%
SAIC	C	0.05%
CHK	D	0.05%
MSGS	B	0.05%
RBC	C	0.05%
ONB	C	0.05%
IPGP	F	0.05%
BIO	C	0.05%
PPG	D	0.05%
JBHT	D	0.05%
UNF	C	0.04%
ITT	B	0.04%
LVS	D	0.04%
MTX	F	0.04%
GEHC	C	0.04%
BRBR	C	0.04%
AEO	F	0.04%
GNRC	D	0.04%
BC	C	0.04%
CACC	F	0.04%
ETSY	F	0.04%
JKHY	B	0.04%
NFLX	B	0.04%
AA	D	0.04%
VNT	F	0.04%
BHF	F	0.04%
NPO	D	0.03%
VC	F	0.03%
KBR	D	0.03%
GPOR	D	0.03%
PAG	D	0.03%
TDC	F	0.03%
WDFC	C	0.03%
HBAN	B	0.03%
FIZZ	D	0.03%
CFR	C	0.03%
ARCH	F	0.03%
LFUS	C	0.03%
EMN	B	0.02%
H	C	0.02%
VVV	D	0.02%
VLTO	C	0.02%
SHW	B	0.02%
M	F	0.02%
FLR	D	0.02%
MATX	B	0.02%
CACI	B	0.02%
DKS	D	0.02%
TTEK	C	0.02%
CLF	F	0.02%
MKTX	C	0.02%
NOV	F	0.02%
ICUI	B	0.02%
UFPI	C	0.02%
WYNN	D	0.02%
COLB	B	0.02%
PNC	B	0.02%
MNST	D	0.01%
JJSF	C	0.01%
EXEL	C	0.01%
ZION	D	0.01%
SPB	C	0.01%
IBP	D	0.01%
PH	B	0.01%
TFC	C	0.01%
MOS	F	0.01%
AVTR	B	0.01%
RF	B	0.01%
IFS	C	0.01%
FIVE	D	0.01%
WTFC	C	0.01%
CATY	C	0.01%
ITRI	C	0.01%
VRT	C	0.01%
DOOO	F	0.01%
MTG	B	0.0%
BLDR	C	0.0%
FULT	D	0.0%
VLY	C	0.0%
BOOT	A	0.0%
IR	C	0.0%
AOS	D	0.0%
FITB	B	0.0%
ABG	D	0.0%
KLAC	D	0.0%
CSWI	B	0.0%
SNV	C	0.0%
IESC	D	0.0%

GVLU Underweight 94 Positions Relative to USMV

Symbol	Grade	Weight
IBM	B	-1.7%
WMT	C	-1.66%
MSI	B	-1.64%
LLY	C	-1.58%
DUK	C	-1.55%
WCN	D	-1.55%
RSG	D	-1.52%
BRK.A	C	-1.49%
MSFT	C	-1.38%
TXN	C	-1.38%
SO	B	-1.37%
WM	D	-1.37%
ROP	C	-1.31%
APH	D	-1.29%
AJG	D	-1.29%
PG	C	-1.26%
ABBV	C	-1.22%
ED	C	-1.22%
AVGO	C	-1.21%
ORCL	C	-1.12%
AZO	D	-0.99%
AAPL	C	-0.97%
REGN	C	-0.92%
GDDY	C	-0.81%
EA	D	-0.78%
CTSH	C	-0.77%
VRTX	D	-0.75%
WEC	C	-0.75%
FCNCA	D	-0.73%
AMGN	B	-0.7%
MA	B	-0.67%
COR	D	-0.66%
NOW	B	-0.65%
ORLY	C	-0.63%
NEM	B	-0.58%
FI	A	-0.57%
KEYS	C	-0.54%
NVDA	D	-0.54%
ERIE	B	-0.52%
FICO	B	-0.48%
UBER	C	-0.47%
PTC	D	-0.47%
AKAM	D	-0.45%
CDW	D	-0.45%
TJX	B	-0.45%
BAH	C	-0.44%
XOM	C	-0.43%
WDAY	D	-0.42%
AEP	C	-0.42%
XEL	B	-0.42%
VRSK	D	-0.4%
CTVA	B	-0.37%
ROL	C	-0.37%
CHD	D	-0.37%
WTW	C	-0.36%
IT	B	-0.34%
NBIX	F	-0.33%
GEN	B	-0.32%
BMRN	F	-0.3%
ICE	C	-0.29%
FWONK	C	-0.29%
HD	B	-0.28%
GLW	C	-0.28%
ANET	B	-0.27%
ALNY	C	-0.25%
ADI	C	-0.25%
PFE	C	-0.24%
D	C	-0.23%
WMB	B	-0.23%
AEE	C	-0.22%
DTE	C	-0.21%
AZPN	B	-0.21%
MELI	B	-0.2%
CMS	C	-0.2%
HUBS	D	-0.18%
PKG	B	-0.18%
SNPS	F	-0.17%
STX	C	-0.17%
TW	B	-0.17%
LIN	B	-0.17%
CDNS	D	-0.16%
CRWD	D	-0.14%
GOOG	D	-0.14%
AMZN	C	-0.12%
LNT	B	-0.1%
DELL	D	-0.1%
RTX	C	-0.09%
ABT	C	-0.09%
ADP	B	-0.08%
FSLR	C	-0.07%
GD	B	-0.06%
KNX	C	-0.06%
ATO	B	-0.05%
CRM	D	-0.04%