LVOL vs. XLK ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to SPDR Select Sector Fund - Technology (XLK)

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

$53.85

Average Daily Volume

266

Number of Holdings ^*

98

* may have additional holdings in another (foreign) market

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$223.62

Average Daily Volume

5,639,755

Number of Holdings ^*

66

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	XLK
30 Days	2.05%	-0.29%
60 Days	3.58%	1.25%
90 Days	4.60%	-1.93%
12 Months	20.58%	34.98%

20 Overlapping Holdings

	Symbol	Grade	Weight in LVOL	Weight in XLK	Overlap
	AAPL	C	6.71%	4.89%	4.89%
	ACN	C	2.59%	2.31%	2.31%
	ADSK	C	0.68%	0.58%	0.58%
	APH	D	1.75%	0.8%	0.8%
	CDW	D	0.11%	0.31%	0.11%
	CRM	D	0.18%	2.59%	0.18%
	CSCO	C	2.52%	2.11%	2.11%
	CTSH	C	1.45%	0.4%	0.4%
	FFIV	B	0.14%	0.13%	0.13%
	IBM	B	0.63%	2.04%	0.63%
	INTU	C	1.46%	1.9%	1.46%
	IT	B	0.45%	0.41%	0.41%
	MSFT	C	8.08%	21.88%	8.08%
	MSI	B	0.81%	0.77%	0.77%
	NTAP	D	0.28%	0.25%	0.25%
	PTC	D	0.94%	0.22%	0.22%
	ROP	C	0.77%	0.62%	0.62%
	TDY	B	0.62%	0.21%	0.21%
	TEL	D	1.67%	0.46%	0.46%
	VRSN	D	0.19%	0.16%	0.16%

LVOL Overweight 78 Positions Relative to XLK

	Symbol	Grade	Weight
	V	C	3.09%
	JNJ	C	2.92%
	PG	C	2.79%
	BRK.A	C	2.48%
	HD	B	2.42%
	MA	B	2.41%
	LIN	B	2.34%
	COST	B	2.06%
	AMZN	C	2.05%
	GOOGL	D	2.03%
	MMC	C	1.96%
	KO	C	1.96%
	MDT	C	1.88%
	MRK	D	1.85%
	CTAS	B	1.76%
	SPGI	B	1.48%
	ABT	C	1.4%
	PEP	C	1.39%
	PAYX	C	1.26%
	DOX	C	1.26%
	MCD	B	1.25%
	HON	D	1.21%
	CB	B	1.2%
	BSX	B	1.07%
	CL	D	1.02%
	RSG	D	1.02%
	SHW	B	1.0%
	CMI	C	0.99%
	GD	B	0.96%
	WM	D	0.89%
	MCO	B	0.88%
	ECL	B	0.86%
	DOV	B	0.76%
	ITW	C	0.76%
	EA	D	0.69%
	SYK	C	0.69%
	GOOG	D	0.68%
	HIG	B	0.66%
	NDSN	C	0.56%
	AMP	A	0.56%
	KMB	D	0.56%
	TRV	C	0.5%
	FAST	C	0.48%
	GWW	B	0.47%
	VRSK	D	0.45%
	YUM	D	0.44%
	CMCSA	D	0.38%
	OTIS	C	0.36%
	WMT	C	0.35%
	GRMN	D	0.32%
	SNA	C	0.32%
	LOW	B	0.29%
	BR	D	0.29%
	BLK	B	0.27%
	PKG	B	0.22%
	HOLX	B	0.22%
	MDLZ	B	0.21%
	AVY	C	0.2%
	DLB	D	0.19%
	MAS	B	0.19%
	IEX	D	0.17%
	FDS	C	0.17%
	ZBH	F	0.17%
	JKHY	B	0.15%
	LLY	C	0.15%
	ORLY	C	0.13%
	ABBV	C	0.1%
	CW	B	0.1%
	AON	B	0.1%
	AJG	D	0.1%
	AXP	B	0.09%
	CHE	C	0.08%
	GGG	C	0.08%
	DCI	C	0.08%
	LSTR	D	0.08%
	ITT	B	0.08%
	AVB	B	0.06%
	VLTO	C	0.04%

LVOL Underweight 46 Positions Relative to XLK

	Symbol	Grade	Weight
	NVDA	D	-20.2%
	AVGO	C	-4.42%
	ADBE	F	-2.76%
	ORCL	C	-2.71%
	AMD	D	-2.56%
	QCOM	D	-1.94%
	NOW	B	-1.91%
	TXN	C	-1.88%
	AMAT	D	-1.6%
	PANW	D	-1.17%
	ADI	C	-1.16%
	KLAC	D	-1.04%
	LRCX	F	-1.03%
	MU	F	-1.02%
	ANET	B	-0.95%
	INTC	F	-0.87%
	SNPS	D	-0.78%
	CDNS	D	-0.77%
	CRWD	D	-0.62%
	NXPI	F	-0.61%
	FTNT	C	-0.5%
	FICO	B	-0.48%
	MPWR	C	-0.46%
	MCHP	F	-0.43%
	GLW	C	-0.34%
	ON	D	-0.31%
	HPQ	D	-0.3%
	ANSS	D	-0.29%
	FSLR	C	-0.27%
	KEYS	C	-0.27%
	TYL	C	-0.26%
	GDDY	C	-0.23%
	HPE	D	-0.23%
	SMCI	F	-0.23%
	WDC	D	-0.22%
	STX	C	-0.21%
	TER	D	-0.21%
	ZBRA	B	-0.18%
	SWKS	D	-0.17%
	AKAM	D	-0.16%
	ENPH	D	-0.15%
	TRMB	C	-0.14%
	JBL	D	-0.13%
	JNPR	B	-0.13%
	EPAM	F	-0.12%
	QRVO	F	-0.11%

LVOL: Top Represented Industries & Keywords

Industries: Diversified Industrials Business Services Information Technology Services Medical Devices Drug Manufacturers - Major Software - Application Capital Markets Credit Services Household & Personal Products Insurance Brokers Internet Content & Information Software - Infrastructure Specialty Chemicals Asset Management Beverages - Soft Drinks Communication Equipment Discount Stores Electronic Components Home Improvement Stores Industrial Distribution

Keywords: S&P 500 Nasdaq 100 Dow Jones Component Electronics Insurance Computing Operating System Aerospace Medicine Beverage Chemical Pharmaceutical Products Work From Home Imaging Industrial Products Mining Mobile Devices Payment Systems Plumbing Risk Management

XLK: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Information Technology Services Semiconductor Equipment & Materials Software - Infrastructure Communication Equipment Data Storage Electronic Components Scientific & Technical Instruments Computer Systems Diversified Industrials Internet Content & Information Computer Hardware Consumer Electronics Contract Manufacturers Semiconductor Memory Solar

Keywords: S&P 500 Nasdaq 100 Computing Semiconductor Electronics Integrated Circuits Work From Home Cloud Computing Aerospace Operating System Mobile Devices Smartphones Dow Jones Component Electronic Design Ethernet Fabless Semiconductor Companies Firewall IBD 50 Information Management Power Management