ONEV vs. USMV ETF Comparison

Comparison of SPDR Russell 1000 Low Volatility Focus ETF (ONEV) to iShares MSCI USA Minimum Volatility ETF (USMV)

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$133.75

Average Daily Volume

4,833

Number of Holdings ^*

415

* 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

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	ONEV	USMV
30 Days	4.10%	1.70%
60 Days	4.09%	2.42%
90 Days	5.47%	4.02%
12 Months	26.02%	25.63%

73 Overlapping Holdings

Symbol	Grade	Weight in ONEV	Weight in USMV	Overlap
ACGL	D	0.93%	0.68%	0.68%
AEE	A	0.39%	0.24%	0.24%
AEP	D	0.28%	0.39%	0.28%
AFG	A	0.08%	0.35%	0.08%
AIZ	A	0.18%	0.32%	0.18%
AKAM	D	0.29%	0.39%	0.29%
AON	A	0.56%	0.53%	0.53%
ATO	A	0.64%	0.06%	0.06%
AZO	C	0.7%	0.98%	0.7%
BAH	F	0.22%	0.39%	0.22%
BMY	B	1.44%	0.49%	0.49%
BR	A	0.45%	0.05%	0.05%
CBOE	B	0.65%	0.85%	0.65%
CHD	B	0.21%	0.4%	0.21%
CL	D	0.25%	0.41%	0.25%
CMS	C	0.29%	0.19%	0.19%
COR	B	0.67%	0.67%	0.67%
CPB	D	0.2%	0.33%	0.2%
CTSH	B	1.46%	0.76%	0.76%
CTVA	C	0.15%	0.38%	0.15%
CVS	D	0.29%	0.04%	0.04%
D	C	0.31%	0.23%	0.23%
DGX	A	0.39%	0.11%	0.11%
DPZ	C	0.18%	0.19%	0.18%
DTE	C	0.19%	0.2%	0.19%
EA	A	0.79%	0.89%	0.79%
ED	D	0.31%	1.13%	0.31%
EG	C	0.57%	0.43%	0.43%
FCNCA	A	0.16%	0.88%	0.16%
FFIV	B	0.51%	0.55%	0.51%
GDDY	A	0.32%	1.0%	0.32%
GEN	B	0.27%	0.35%	0.27%
GILD	C	0.88%	0.94%	0.88%
GIS	D	0.35%	0.66%	0.35%
GRMN	B	0.51%	0.33%	0.33%
HIG	B	0.26%	0.12%	0.12%
HOLX	D	0.21%	0.16%	0.16%
HRL	D	0.12%	0.21%	0.12%
HSY	F	0.27%	0.3%	0.27%
HUM	C	0.75%	0.4%	0.4%
INCY	C	0.41%	0.53%	0.41%
JNPR	F	0.41%	0.45%	0.41%
K	A	0.39%	0.8%	0.39%
KEYS	A	0.35%	0.55%	0.35%
KHC	F	0.16%	0.38%	0.16%
KMB	D	0.42%	0.21%	0.21%
KNX	B	0.17%	0.06%	0.06%
KR	B	0.57%	0.61%	0.57%
L	A	0.22%	0.28%	0.22%
LNT	A	0.2%	0.1%	0.1%
MCK	B	0.7%	1.35%	0.7%
MKL	A	0.47%	0.34%	0.34%
MOH	F	0.32%	0.18%	0.18%
NBIX	C	0.11%	0.32%	0.11%
NOC	D	0.27%	1.43%	0.27%
NTAP	C	0.54%	0.22%	0.22%
ORLY	B	0.73%	0.68%	0.68%
OTIS	C	0.28%	0.07%	0.07%
PKG	A	0.32%	0.2%	0.2%
ROL	B	0.21%	0.36%	0.21%
RSG	A	0.18%	1.55%	0.18%
TDY	B	0.09%	0.57%	0.09%
TRV	B	0.36%	1.15%	0.36%
TSN	B	0.15%	0.71%	0.15%
TW	A	0.16%	0.2%	0.16%
UTHR	C	0.61%	0.14%	0.14%
VRSK	A	0.26%	0.42%	0.26%
VRSN	F	0.58%	0.64%	0.58%
WEC	A	0.35%	0.78%	0.35%
WRB	A	0.38%	0.31%	0.31%
WTW	B	0.27%	0.38%	0.27%
XEL	A	0.53%	0.46%	0.46%
YUM	B	0.33%	0.5%	0.33%

ONEV Overweight 342 Positions Relative to USMV

Symbol	Grade	Weight
CAH	B	1.07%
BBY	D	0.72%
CMI	A	0.71%
CINF	A	0.69%
EBAY	D	0.64%
RS	B	0.64%
PSA	D	0.64%
FAST	B	0.63%
CNC	D	0.63%
TROW	B	0.61%
HPE	B	0.59%
MO	A	0.59%
KVUE	A	0.57%
LH	C	0.55%
SNA	A	0.55%
ADM	D	0.55%
CASY	A	0.54%
CHTR	C	0.54%
LDOS	C	0.54%
GPC	D	0.54%
ETR	B	0.52%
OMC	C	0.5%
FDS	B	0.49%
GEHC	F	0.49%
SWKS	F	0.49%
TSCO	D	0.49%
PCAR	B	0.48%
RNR	C	0.48%
IP	B	0.47%
TGT	F	0.47%
JBL	B	0.45%
GWW	B	0.42%
A	D	0.42%
NVR	D	0.42%
EXPD	D	0.38%
PEG	A	0.38%
SRE	A	0.37%
LUV	C	0.37%
POOL	C	0.37%
ALSN	B	0.37%
INGR	B	0.36%
DOX	D	0.36%
FOXA	B	0.36%
RPRX	D	0.36%
AMCR	D	0.35%
EXC	C	0.35%
SOLV	C	0.34%
NUE	C	0.34%
J	F	0.34%
ITW	B	0.34%
DG	F	0.33%
MAS	D	0.33%
BRO	B	0.33%
PAYX	C	0.33%
BJ	A	0.33%
EME	C	0.32%
MSCI	C	0.32%
EVRG	A	0.32%
DHI	D	0.32%
CACI	D	0.32%
CTRA	B	0.31%
MAA	B	0.31%
SCI	B	0.3%
HRB	D	0.3%
SEIC	B	0.3%
CBRE	B	0.3%
CUBE	D	0.3%
CLX	B	0.3%
HLI	B	0.3%
CHE	D	0.3%
WST	C	0.29%
GGG	B	0.29%
ANSS	B	0.29%
BWA	D	0.29%
VTRS	A	0.29%
JAZZ	B	0.28%
NI	A	0.28%
PHM	D	0.28%
RHI	B	0.28%
LECO	B	0.28%
CSX	B	0.27%
VICI	C	0.27%
FDX	B	0.27%
MUSA	A	0.27%
GNTX	C	0.26%
DCI	B	0.26%
JBHT	C	0.26%
G	B	0.26%
OGE	B	0.26%
RLI	B	0.26%
EHC	B	0.26%
GL	B	0.26%
AVB	B	0.26%
CNP	B	0.25%
PPL	B	0.25%
DBX	B	0.25%
AOS	F	0.25%
ROK	B	0.25%
IPG	D	0.25%
TAP	C	0.25%
EQR	B	0.24%
WSO	A	0.24%
LSTR	D	0.24%
PNW	B	0.24%
RPM	A	0.24%
RL	B	0.24%
HII	D	0.24%
EIX	B	0.24%
SBAC	D	0.24%
VST	B	0.24%
CPAY	A	0.24%
SYY	B	0.23%
STLD	B	0.23%
ALLE	D	0.23%
ATR	B	0.23%
IEX	B	0.23%
ZBH	C	0.23%
SJM	D	0.23%
SAIC	F	0.23%
PRI	A	0.22%
ELS	C	0.22%
AMG	B	0.22%
CPT	B	0.22%
OC	A	0.21%
EMN	D	0.21%
DTM	B	0.21%
PPG	F	0.21%
SKX	D	0.21%
JKHY	D	0.21%
NFG	A	0.2%
AME	A	0.2%
DVA	B	0.2%
CAG	D	0.2%
WY	D	0.2%
WPC	D	0.2%
TXT	D	0.19%
FE	C	0.19%
EXEL	B	0.19%
FOX	A	0.19%
MAT	D	0.19%
ACI	C	0.19%
NYT	C	0.19%
CSL	C	0.19%
CF	B	0.19%
ACM	A	0.19%
STE	F	0.19%
DLTR	F	0.19%
ORI	A	0.18%
CNM	D	0.18%
SIRI	C	0.18%
MNST	C	0.18%
NDAQ	A	0.18%
UHS	D	0.18%
FTV	C	0.18%
MTG	C	0.18%
ODFL	B	0.18%
MKTX	D	0.18%
VVV	F	0.18%
DOV	A	0.18%
UDR	B	0.18%
MKC	D	0.18%
LII	A	0.17%
AYI	B	0.17%
VFC	C	0.17%
BWXT	B	0.17%
KNSL	B	0.17%
EXP	A	0.17%
BG	F	0.17%
LPLA	A	0.17%
ITT	A	0.17%
OSK	B	0.17%
AVY	D	0.17%
SSNC	B	0.17%
MTN	C	0.17%
FR	C	0.17%
LAMR	D	0.17%
LOPE	B	0.17%
CRUS	D	0.16%
AWK	D	0.16%
SSD	D	0.16%
MTD	D	0.16%
RGLD	C	0.16%
JHG	A	0.16%
GPK	C	0.16%
HST	C	0.16%
PSN	D	0.15%
CCK	C	0.15%
SYF	B	0.15%
QGEN	D	0.15%
FCN	D	0.15%
BAX	D	0.15%
WHR	B	0.15%
DLB	B	0.15%
LEA	D	0.14%
CIEN	B	0.14%
SON	D	0.14%
IDA	A	0.14%
AGCO	D	0.14%
PNR	A	0.14%
EVR	B	0.14%
MSM	C	0.14%
VMC	B	0.14%
CW	B	0.14%
POST	C	0.13%
NRG	B	0.13%
BERY	B	0.13%
WU	D	0.13%
ES	D	0.13%
CE	F	0.13%
BALL	D	0.13%
TTC	D	0.13%
VMI	B	0.13%
WTRG	B	0.13%
NEU	C	0.13%
ESS	B	0.13%
LKQ	D	0.13%
AAON	B	0.12%
SNX	C	0.12%
AMH	D	0.12%
FIX	A	0.12%
EGP	F	0.12%
FLO	D	0.12%
TXRH	C	0.12%
COKE	C	0.12%
NWSA	B	0.12%
PII	D	0.12%
HUBB	B	0.12%
CR	A	0.12%
FYBR	D	0.11%
MSGS	A	0.11%
TFX	F	0.11%
AWI	A	0.11%
NNN	D	0.11%
CHRW	C	0.11%
LBRDK	C	0.11%
IBKR	A	0.11%
TECH	D	0.1%
MAN	D	0.1%
AXS	A	0.1%
PINC	B	0.1%
RYN	D	0.1%
SLGN	A	0.1%
COLM	B	0.1%
VNT	B	0.1%
AGO	B	0.09%
GXO	B	0.09%
QRVO	F	0.09%
PRGO	B	0.09%
UGI	A	0.09%
ALK	C	0.08%
NWL	B	0.08%
UHAL	D	0.08%
BRKR	D	0.08%
STAG	F	0.08%
NDSN	B	0.08%
ARW	D	0.08%
AXTA	A	0.08%
FBIN	D	0.08%
R	B	0.08%
BRBR	A	0.08%
IPGP	D	0.07%
ASH	D	0.07%
TTEK	F	0.07%
HSIC	B	0.07%
MDU	D	0.07%
KEX	C	0.07%
NXST	C	0.07%
CRI	D	0.07%
CBSH	A	0.07%
CRL	C	0.07%
CHH	A	0.07%
VOYA	B	0.07%
OGN	D	0.07%
DNB	B	0.06%
CXT	B	0.06%
ESI	A	0.06%
ESAB	B	0.06%
XRAY	F	0.06%
AAP	C	0.06%
BC	C	0.06%
PB	A	0.06%
CNH	C	0.06%
MORN	B	0.06%
NSA	D	0.06%
LFUS	F	0.06%
SN	D	0.06%
SITE	D	0.06%
FLS	B	0.06%
BEN	C	0.06%
GO	C	0.06%
ADC	B	0.06%
VSTS	C	0.06%
WH	B	0.05%
TKR	D	0.05%
FTRE	D	0.05%
OZK	B	0.05%
MSA	D	0.05%
DINO	D	0.05%
SNDR	B	0.05%
REYN	D	0.05%
WBA	F	0.05%
KRC	C	0.05%
CWEN	C	0.04%
CGNX	C	0.04%
SAM	C	0.04%
AGR	B	0.04%
WSC	D	0.04%
FIVE	F	0.04%
AMED	F	0.04%
IRDM	D	0.04%
BFAM	D	0.04%
NWS	B	0.04%
THG	A	0.04%
FAF	A	0.04%
AES	F	0.04%
MIDD	C	0.04%
FMC	D	0.04%
LEG	F	0.04%
HIW	D	0.04%
WWD	B	0.04%
EEFT	B	0.04%
HUN	F	0.04%
PAG	B	0.03%
WLK	D	0.03%
VIRT	B	0.03%
HOG	D	0.03%
GTES	A	0.03%
OLLI	D	0.03%
NVST	B	0.03%
CWEN	C	0.02%
LBRDA	C	0.02%
ST	F	0.02%
CNA	B	0.02%
SEE	C	0.02%
FHB	A	0.02%
PPC	C	0.02%
CACC	D	0.02%
TNL	A	0.02%
SEB	F	0.02%
UAA	C	0.01%
UHAL	D	0.01%
UA	C	0.01%

ONEV Underweight 97 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	B	-1.95%
MSI	B	-1.81%
WMT	A	-1.78%
PGR	A	-1.67%
IBM	C	-1.66%
WCN	A	-1.56%
BRK.A	B	-1.55%
DUK	C	-1.49%
CSCO	B	-1.47%
CB	C	-1.47%
APH	A	-1.44%
WM	A	-1.44%
TXN	C	-1.39%
VZ	C	-1.35%
SO	D	-1.35%
MSFT	F	-1.34%
UNH	C	-1.34%
ORCL	B	-1.31%
ROP	B	-1.3%
ACN	C	-1.29%
AJG	B	-1.27%
MCD	D	-1.25%
LLY	F	-1.25%
PG	A	-1.23%
AVGO	D	-1.19%
JNJ	D	-1.18%
MMC	B	-1.11%
ABBV	D	-1.04%
MRK	F	-1.01%
PEP	F	-1.01%
AAPL	C	-0.99%
V	A	-0.9%
LMT	D	-0.82%
NOW	A	-0.75%
T	A	-0.74%
MA	C	-0.7%
VRTX	F	-0.69%
FI	A	-0.69%
NVDA	C	-0.67%
AMGN	D	-0.59%
FICO	B	-0.59%
REGN	F	-0.59%
KDP	D	-0.59%
BDX	F	-0.56%
FANG	D	-0.55%
MPC	D	-0.54%
CME	A	-0.53%
PTC	A	-0.52%
ELV	F	-0.52%
NEM	D	-0.46%
UBER	D	-0.45%
TJX	A	-0.45%
XOM	B	-0.45%
MDLZ	F	-0.44%
WDAY	B	-0.43%
ERIE	D	-0.42%
CMCSA	B	-0.39%
IT	C	-0.35%
CDW	F	-0.35%
CVX	A	-0.34%
WMB	A	-0.31%
GLW	B	-0.31%
FWONK	B	-0.31%
HD	A	-0.3%
ANET	C	-0.29%
ICE	C	-0.28%
HON	B	-0.25%
HUBS	A	-0.24%
ADI	D	-0.23%
AZPN	A	-0.23%
ALNY	D	-0.22%
BMRN	D	-0.22%
CI	F	-0.21%
PFE	D	-0.2%
CRWD	B	-0.19%
CDNS	B	-0.18%
MELI	D	-0.18%
SNPS	B	-0.18%
EOG	A	-0.17%
LIN	D	-0.16%
STX	D	-0.16%
GOOG	C	-0.16%
AMZN	C	-0.14%
MDT	D	-0.13%
DELL	C	-0.12%
OXY	D	-0.12%
KO	D	-0.1%
RTX	C	-0.09%
ADP	B	-0.09%
ABT	B	-0.09%
TEL	B	-0.07%
PSX	C	-0.06%
FSLR	F	-0.06%
VLO	C	-0.05%
CRM	B	-0.05%
GD	F	-0.05%
ULTA	F	-0.04%