MPAY vs. SPMV ETF Comparison
Comparison of Akros Monthly Payout ETF (MPAY) to Invesco S&P 500 Minimum Variance ETF (SPMV)
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.
Grade (RS Rating)
Last Trade
$25.74
Average Daily Volume
870
52
SPMV
Invesco S&P 500 Minimum Variance ETF
SPMV Description
The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.Grade (RS Rating)
Last Trade
$46.81
Average Daily Volume
463
79
Performance
| Period | MPAY | SPMV |
|---|---|---|
| 30 Days | 1.27% | 2.64% |
| 60 Days | 2.68% | 5.65% |
| 90 Days | 2.89% | 6.21% |
| 12 Months | 22.48% | 25.68% |
19 Overlapping Holdings
| Symbol | Grade | Weight in MPAY | Weight in SPMV | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 5.94% | 2.25% | 2.25% | |
| ABT | C | 1.23% | 2.28% | 1.23% | |
| ACN | C | 1.34% | 0.31% | 0.31% | |
| ADBE | F | 1.57% | 2.21% | 1.57% | |
| AMZN | C | 4.97% | 2.79% | 2.79% | |
| CRM | D | 1.43% | 1.42% | 1.42% | |
| CSCO | C | 1.28% | 0.57% | 0.57% | |
| HD | B | 1.74% | 2.45% | 1.74% | |
| INTU | C | 1.3% | 1.87% | 1.3% | |
| JNJ | C | 1.46% | 0.06% | 0.06% | |
| LLY | C | 3.04% | 2.79% | 2.79% | |
| MRK | D | 1.53% | 2.06% | 1.53% | |
| MSFT | C | 5.7% | 2.78% | 2.78% | |
| NOW | B | 1.46% | 1.07% | 1.07% | |
| NVDA | D | 6.38% | 2.93% | 2.93% | |
| ORCL | C | 1.78% | 2.87% | 1.78% | |
| QCOM | D | 1.36% | 1.8% | 1.36% | |
| RTX | C | 1.19% | 0.46% | 0.46% | |
| XOM | C | 1.55% | 0.31% | 0.31% |
MPAY Overweight 33 Positions Relative to SPMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| GOOGL | D | 4.73% | |
| GLDM | B | 3.6% | |
| IAUM | B | 3.36% | |
| WMT | C | 2.21% | |
| TSLA | C | 1.83% | |
| V | C | 1.77% | |
| COST | B | 1.77% | |
| MA | B | 1.76% | |
| UNH | C | 1.74% | |
| AMAT | D | 1.45% | |
| ABBV | C | 1.45% | |
| NFLX | B | 1.44% | |
| LOW | B | 1.37% | |
| CVX | D | 1.32% | |
| LRCX | F | 1.32% | |
| KLAC | D | 1.32% | |
| MCD | B | 1.31% | |
| CAT | B | 1.28% | |
| HCA | B | 1.28% | |
| FTNT | C | 1.28% | |
| TJX | B | 1.28% | |
| PM | C | 1.27% | |
| LIN | B | 1.27% | |
| BKNG | C | 1.26% | |
| PEP | C | 1.25% | |
| NKE | D | 1.25% | |
| ADP | B | 1.24% | |
| AZO | D | 1.24% | |
| ABNB | D | 1.23% | |
| TXN | C | 1.23% | |
| LMT | C | 1.23% | |
| UPS | D | 1.22% | |
| DELL | D | 1.02% |
MPAY Underweight 60 Positions Relative to SPMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| NEE | C | -4.03% | |
| PGR | B | -3.53% | |
| BRK.A | C | -3.14% | |
| MMC | C | -3.12% | |
| PG | C | -3.04% | |
| CB | B | -2.94% | |
| MDLZ | B | -2.91% | |
| TMUS | C | -2.25% | |
| AJG | D | -2.2% | |
| VZ | B | -2.11% | |
| PFE | C | -1.95% | |
| ELV | C | -1.93% | |
| AON | B | -1.93% | |
| AEP | C | -1.88% | |
| GIS | B | -1.85% | |
| VRTX | D | -1.83% | |
| CCI | C | -1.48% | |
| SRE | C | -1.43% | |
| HSY | C | -1.28% | |
| ALL | B | -1.22% | |
| CEG | C | -1.21% | |
| ADM | D | -1.19% | |
| SNPS | D | -1.04% | |
| REGN | C | -1.0% | |
| MKC | C | -0.91% | |
| RSG | D | -0.83% | |
| MDT | C | -0.83% | |
| AVGO | C | -0.83% | |
| AIG | D | -0.83% | |
| ACGL | C | -0.79% | |
| WRB | C | -0.77% | |
| ISRG | B | -0.72% | |
| RMD | C | -0.71% | |
| IDXX | C | -0.71% | |
| AMGN | B | -0.66% | |
| META | B | -0.65% | |
| KHC | C | -0.56% | |
| JPM | D | -0.54% | |
| T | C | -0.52% | |
| MRNA | F | -0.5% | |
| GOOG | D | -0.47% | |
| BMY | C | -0.44% | |
| TFC | C | -0.43% | |
| AES | C | -0.43% | |
| TRV | C | -0.42% | |
| D | C | -0.42% | |
| HRL | C | -0.41% | |
| EL | F | -0.38% | |
| SJM | C | -0.31% | |
| ES | C | -0.29% | |
| K | B | -0.27% | |
| BDX | D | -0.14% | |
| CAG | C | -0.13% | |
| MTD | D | -0.11% | |
| DUK | C | -0.1% | |
| ROL | C | -0.06% | |
| ZTS | C | -0.06% | |
| CDNS | D | -0.05% | |
| PODD | B | -0.04% | |
| XEL | B | -0.03% |
MPAY: Top Represented Industries & Keywords
SPMV: Top Represented Industries & Keywords
Compare ETFs
