LVOL vs. ANEW ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to ProShares MSCI Transformational Changes ETF (ANEW)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$56.03

Average Daily Volume

251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ANEW

ProShares MSCI Transformational Changes ETF

ANEW Description

The investment seeks investment results, before fees and expenses, that track the performance of the MSCI Global Transformational Changes Index (the index). The fund seeks to invest substantially all of its assets in the securities included in the index. The index selects companies which may benefit from transformational changes in how people work, take care of their health, and consume and connect (Transformational Changes) - changes accelerated by COVID-19.

Grade (RS Rating)

Last Trade

$46.14

Average Daily Volume

355

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	ANEW
30 Days	2.27%	2.32%
60 Days	3.47%	4.03%
90 Days	5.50%	5.72%
12 Months	22.98%	28.14%

17 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in ANEW	Overlap
AAPL	C	7.14%	2.23%	2.23%
ABBV	D	0.25%	1.92%	0.25%
ABT	B	1.35%	2.11%	1.35%
AMZN	C	2.81%	2.07%	2.07%
BKNG	A	0.2%	2.39%	0.2%
BSX	B	1.12%	2.24%	1.12%
CRM	B	0.51%	0.33%	0.33%
CSCO	B	2.62%	0.64%	0.64%
EA	A	0.77%	0.69%	0.69%
FFIV	B	0.16%	0.25%	0.16%
GOOGL	C	2.38%	1.67%	1.67%
MA	C	2.62%	0.91%	0.91%
MRK	F	1.45%	1.39%	1.39%
MSFT	F	7.55%	1.81%	1.81%
NOW	A	0.35%	0.26%	0.26%
NTAP	C	0.39%	0.2%	0.2%
V	A	3.19%	1.04%	1.04%

LVOL Overweight 81 Positions Relative to ANEW

Symbol	Grade	Weight
PG	A	2.68%
BRK.A	B	2.51%
ACN	C	2.46%
LIN	D	2.44%
HD	A	2.42%
JNJ	D	2.14%
APH	A	1.91%
MMC	B	1.84%
CTAS	B	1.82%
COST	B	1.78%
MDT	D	1.64%
SPGI	C	1.53%
CTSH	B	1.44%
INTU	C	1.43%
HON	B	1.31%
PAYX	C	1.29%
PTC	A	1.26%
DOX	D	1.21%
RSG	A	1.03%
FI	A	1.03%
PEP	F	1.0%
SHW	A	0.97%
ECL	D	0.91%
MSI	B	0.89%
WMT	A	0.87%
GD	F	0.87%
CL	D	0.87%
MCO	B	0.85%
WM	A	0.85%
ITW	B	0.8%
DOV	A	0.78%
ADSK	A	0.78%
ROP	B	0.75%
GOOG	C	0.75%
AMP	A	0.71%
LOW	D	0.68%
TDY	B	0.67%
HIG	B	0.66%
CB	C	0.64%
BLK	C	0.63%
SYK	C	0.58%
PSA	D	0.57%
FAST	B	0.55%
GWW	B	0.55%
NDSN	B	0.55%
KMB	D	0.53%
MCD	D	0.52%
VRSK	A	0.46%
IT	C	0.45%
YUM	B	0.43%
IBM	C	0.42%
SNA	A	0.41%
CMCSA	B	0.41%
OTIS	C	0.38%
PH	A	0.36%
IEX	B	0.32%
ADP	B	0.31%
BR	A	0.3%
BMY	B	0.27%
PKG	A	0.25%
AVB	B	0.24%
CMI	A	0.24%
ZBH	C	0.22%
HOLX	D	0.21%
KO	D	0.19%
FDS	B	0.18%
MNST	C	0.18%
AVY	D	0.18%
MDLZ	F	0.18%
VRSN	F	0.18%
MAS	D	0.18%
TROW	B	0.16%
MSCI	C	0.16%
HLT	A	0.15%
JKHY	D	0.14%
AMGN	D	0.13%
CW	B	0.12%
GGG	B	0.08%
LSTR	D	0.08%
DCI	B	0.08%
CHE	D	0.07%

LVOL Underweight 107 Positions Relative to ANEW

Symbol	Grade	Weight
DASH	A	-2.87%
NVDA	C	-2.87%
NFLX	A	-2.53%
ISRG	A	-2.51%
META	D	-2.27%
DE	A	-1.97%
CTVA	C	-1.94%
ADBE	C	-1.94%
MKC	D	-1.94%
BABA	D	-1.86%
IFF	D	-1.7%
DHR	F	-1.64%
AVGO	D	-1.54%
SFM	A	-1.22%
BDX	F	-1.09%
CNH	C	-0.99%
FMC	D	-0.96%
SE	B	-0.83%
AGCO	D	-0.79%
AMAT	F	-0.78%
EW	C	-0.71%
TTWO	A	-0.65%
ORCL	B	-0.62%
EBAY	D	-0.62%
TCOM	B	-0.6%
RMD	C	-0.6%
ANSS	B	-0.56%
OMC	C	-0.55%
DKNG	B	-0.54%
ZD	C	-0.53%
MSTR	C	-0.52%
QCOM	F	-0.52%
SMPL	B	-0.5%
DXCM	D	-0.49%
NEOG	F	-0.41%
SMG	D	-0.4%
WST	C	-0.39%
SXT	B	-0.37%
PINS	D	-0.37%
SNAP	C	-0.36%
DOCS	C	-0.35%
ILMN	D	-0.35%
AMD	F	-0.34%
NTRA	B	-0.33%
HOOD	B	-0.31%
DGX	A	-0.3%
CVLT	B	-0.28%
QTWO	A	-0.28%
PANW	C	-0.27%
PRCT	B	-0.26%
GMED	A	-0.25%
COIN	C	-0.25%
GH	B	-0.25%
PYPL	B	-0.24%
INSP	D	-0.24%
SMAR	A	-0.24%
CCOI	B	-0.24%
CYBR	B	-0.23%
NET	B	-0.23%
DOCU	A	-0.23%
SMTC	B	-0.22%
AI	B	-0.22%
BOX	B	-0.22%
RARE	D	-0.22%
ALTR	B	-0.21%
EQIX	A	-0.21%
KTOS	B	-0.21%
CHKP	D	-0.21%
GEN	B	-0.21%
HPE	B	-0.21%
NOVT	D	-0.2%
HSIC	B	-0.2%
BL	B	-0.2%
PCTY	B	-0.2%
DBX	B	-0.2%
MRNA	F	-0.2%
VRNS	D	-0.2%
RIOT	C	-0.2%
BLKB	B	-0.19%
MARA	C	-0.19%
DT	C	-0.19%
PCOR	B	-0.18%
QGEN	D	-0.18%
WDAY	B	-0.18%
CRWD	B	-0.18%
TWST	D	-0.18%
TECH	D	-0.18%
JNPR	F	-0.18%
AKAM	D	-0.17%
TENB	C	-0.17%
NTNX	A	-0.17%
CRSP	D	-0.17%
ENOV	C	-0.17%
MEDP	D	-0.16%
IRDM	D	-0.16%
EEFT	B	-0.16%
CLSK	C	-0.14%
SYNA	C	-0.14%
SLAB	D	-0.14%
NXPI	D	-0.14%
CGNX	C	-0.14%
FIVN	C	-0.13%
OKTA	C	-0.13%
ACHC	F	-0.12%
TNDM	F	-0.12%
IDYA	F	-0.12%
TMDX	F	-0.11%