SMMV vs. KIE ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to SPDR S&P Insurance ETF (KIE)

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$40.74

Average Daily Volume

307,009

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KIE

SPDR S&P Insurance ETF

KIE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. In seeking to track the performance of the S&P Insurance Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the insurance industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.63

Average Daily Volume

1,027,306

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	KIE
30 Days	1.62%	2.49%
60 Days	7.01%	11.98%
90 Days	9.75%	16.91%
12 Months	25.04%	37.68%

3 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in KIE	Overlap
AXS	A	1.31%	1.99%	1.31%
ORI	A	1.57%	1.96%	1.57%
RLI	A	1.17%	1.98%	1.17%

SMMV Overweight 7 Positions Relative to KIE

Symbol	Grade	Weight
MUSA	D	1.66%
CHE	D	1.46%
ADC	C	1.46%
RGLD	C	1.45%
ATR	A	1.43%
EXEL	B	1.38%
ENSG	D	1.17%

SMMV Underweight 47 Positions Relative to KIE

Symbol	Grade	Weight
UNM	A	-2.1%
MET	A	-2.1%
LNC	B	-2.08%
CNO	B	-2.06%
RNR	A	-2.05%
BHF	D	-2.05%
PFG	A	-2.05%
PRI	A	-2.02%
PRU	B	-2.02%
AIZ	B	-2.01%
ERIE	A	-2.01%
RYAN	A	-2.01%
AFL	A	-2.0%
EG	A	-1.99%
GNW	A	-1.99%
FNF	C	-1.99%
SIGI	D	-1.99%
RGA	B	-1.98%
HIG	A	-1.98%
GL	C	-1.98%
KMPR	D	-1.98%
WTW	C	-1.97%
THG	A	-1.97%
ALL	A	-1.96%
L	C	-1.96%
ESGR	C	-1.95%
CINF	A	-1.95%
AFG	A	-1.95%
BRO	A	-1.95%
MKL	B	-1.95%
CB	A	-1.94%
ACGL	A	-1.94%
GSHD	B	-1.94%
AIG	C	-1.94%
KNSL	B	-1.94%
PGR	B	-1.93%
AON	A	-1.93%
FAF	C	-1.93%
AGO	B	-1.92%
OSCR	C	-1.91%
WTM	C	-1.91%
TRV	B	-1.91%
MMC	D	-1.89%
WRB	C	-1.89%
AJG	C	-1.84%
PLMR	A	-1.65%
STC	D	-1.48%