KNCT vs. ACWV ETF Comparison

Comparison of Invesco Next Gen Connectivity ETF (KNCT) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

KNCT

Invesco Next Gen Connectivity ETF

KNCT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.

Grade (RS Rating)

Last Trade

$104.87

Average Daily Volume

327

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$113.95

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	KNCT	ACWV
30 Days	1.16%	0.32%
60 Days	3.78%	-0.25%
90 Days	4.96%	1.23%
12 Months	26.69%	18.77%

15 Overlapping Holdings

Symbol	Grade	Weight in KNCT	Weight in ACWV	Overlap
ACN	C	2.97%	0.26%	0.26%
AKAM	D	0.29%	0.27%	0.27%
ANET	C	2.21%	0.06%	0.06%
APH	A	1.16%	0.54%	0.54%
BAH	F	0.22%	0.37%	0.22%
CHT	D	0.17%	0.37%	0.17%
CSCO	B	4.16%	1.57%	1.57%
FFIV	B	0.3%	0.36%	0.3%
JNPR	F	0.27%	0.32%	0.27%
KEYS	A	0.39%	0.41%	0.39%
MSI	B	1.52%	1.88%	1.52%
T	A	3.37%	0.26%	0.26%
TMUS	B	2.5%	2.03%	2.03%
VZ	C	3.68%	0.76%	0.76%
WIT	A	0.21%	0.12%	0.12%

KNCT Overweight 45 Positions Relative to ACWV

Symbol	Grade	Weight
AVGO	D	7.92%
AAPL	C	7.83%
QCOM	F	3.89%
PANW	C	2.74%
CMCSA	B	2.24%
INTC	D	2.19%
MU	D	1.96%
AMT	D	1.94%
EQIX	A	1.82%
CRWD	B	1.7%
MRVL	B	1.68%
SNPS	B	1.6%
CDNS	B	1.56%
FTNT	C	1.27%
DLR	B	1.17%
DDOG	A	0.87%
CHTR	C	0.79%
CCI	D	0.65%
NET	B	0.6%
MCHP	D	0.54%
NTAP	C	0.52%
SBAC	D	0.5%
MDB	C	0.46%
ZS	C	0.43%
NTNX	A	0.37%
ARM	D	0.36%
UMC	F	0.35%
DOCU	A	0.35%
DT	C	0.34%
COHR	B	0.33%
CHKP	D	0.33%
CYBR	B	0.27%
OKTA	C	0.26%
LBRDK	C	0.23%
CIEN	B	0.22%
CACI	D	0.22%
FYBR	D	0.19%
LSCC	D	0.15%
CFLT	B	0.14%
RMBS	C	0.12%
QLYS	C	0.12%
KD	B	0.12%
TENB	C	0.11%
DY	D	0.1%
G	B	0.08%

KNCT Underweight 124 Positions Relative to ACWV

Symbol	Grade	Weight
WMT	A	-1.82%
WM	A	-1.5%
MCK	B	-1.42%
ROP	B	-1.36%
RSG	A	-1.19%
VRTX	F	-1.13%
PEP	F	-1.08%
MRK	F	-1.06%
JNJ	D	-1.05%
COR	B	-1.05%
MCD	D	-1.02%
BRK.A	B	-0.91%
CB	C	-0.88%
MMC	B	-0.88%
PGR	A	-0.84%
ED	D	-0.84%
UNH	C	-0.83%
KR	B	-0.83%
PG	A	-0.82%
DUK	C	-0.81%
SO	D	-0.8%
NOC	D	-0.77%
AZO	C	-0.77%
MSFT	F	-0.76%
IBM	C	-0.73%
WEC	A	-0.68%
GDDY	A	-0.64%
EA	A	-0.63%
ORLY	B	-0.62%
REGN	F	-0.61%
GIS	D	-0.61%
V	A	-0.59%
K	A	-0.57%
ACGL	D	-0.57%
CBOE	B	-0.54%
ORCL	B	-0.54%
LLY	F	-0.52%
ABBV	D	-0.49%
GILD	C	-0.48%
FI	A	-0.48%
CHD	B	-0.46%
HSY	F	-0.44%
MKL	A	-0.43%
ELV	F	-0.42%
WRB	A	-0.41%
L	A	-0.4%
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
TJX	A	-0.37%
KDP	D	-0.36%
CL	D	-0.35%
VRSN	F	-0.35%
AON	A	-0.35%
AMGN	D	-0.34%
KHC	F	-0.33%
AJG	B	-0.33%
TRV	B	-0.32%
TSN	B	-0.32%
NBIX	C	-0.31%
HUM	C	-0.31%
BRO	B	-0.3%
GEN	B	-0.3%
KMB	D	-0.3%
SJM	D	-0.27%
ERIE	D	-0.26%
MDLZ	F	-0.25%
BMY	B	-0.25%
CF	B	-0.25%
CI	F	-0.24%
YUM	B	-0.24%
FCNCA	A	-0.23%
LMT	D	-0.23%
CME	A	-0.23%
HRL	D	-0.23%
FWONK	B	-0.22%
PTC	A	-0.22%
BDX	F	-0.22%
CPB	D	-0.22%
CTSH	B	-0.21%
ROL	B	-0.21%
MFG	B	-0.21%
JKHY	D	-0.2%
MA	C	-0.19%
BMRN	D	-0.19%
DPZ	C	-0.19%
CAH	B	-0.18%
GD	F	-0.18%
LNG	B	-0.16%
ULTA	F	-0.16%
CMS	C	-0.16%
MPC	D	-0.15%
DGX	A	-0.15%
AIZ	A	-0.13%
CTVA	C	-0.12%
MOH	F	-0.12%
FICO	B	-0.12%
MNST	C	-0.12%
AZPN	A	-0.11%
TDY	B	-0.11%
AEE	A	-0.11%
XEL	A	-0.11%
EG	C	-0.1%
WTW	B	-0.1%
XOM	B	-0.1%
WDAY	B	-0.1%
PCG	A	-0.1%
ABT	B	-0.1%
TPL	A	-0.1%
NEM	D	-0.09%
TRGP	B	-0.08%
AEP	D	-0.07%
IT	C	-0.07%
KNX	B	-0.06%
DINO	D	-0.06%
FANG	D	-0.06%
CHRW	C	-0.06%
CAG	D	-0.05%
GPC	D	-0.05%
HOLX	D	-0.05%
ACI	C	-0.05%
KO	D	-0.05%
HSIC	B	-0.05%
HKD	F	-0.0%