SMMV vs. NIXT ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to Research Affiliates Deletions ETF (NIXT)

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

$44.00

Average Daily Volume

37,615

Number of Holdings ^*

289

* may have additional holdings in another (foreign) market

NIXT

Research Affiliates Deletions ETF

NIXT Description

The index consists of U.S. equity securities of micro-, small- and mid- capitalization companies that are believed to be value stocks. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in U.S. equity securities of micro-, small- and mid- companies.

Grade (RS Rating)

Last Trade

$27.29

Average Daily Volume

41,419

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	NIXT
30 Days	7.13%	5.30%
60 Days	7.74%	4.25%
90 Days	9.63%
12 Months	29.90%

14 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in NIXT	Overlap
ALE	A	0.26%	0.68%	0.26%
AMED	F	0.56%	0.61%	0.56%
AVT	C	0.34%	0.68%	0.34%
CCOI	B	0.66%	0.8%	0.66%
DBX	B	0.28%	0.73%	0.28%
EQC	B	0.4%	0.68%	0.4%
LOPE	B	0.69%	0.8%	0.69%
MSGS	A	0.64%	0.77%	0.64%
NEU	C	0.75%	0.61%	0.61%
OGS	A	0.14%	0.75%	0.14%
PINC	B	0.51%	0.67%	0.51%
PNW	B	0.91%	0.8%	0.8%
RAMP	C	0.06%	0.58%	0.06%
SNDR	B	0.32%	0.96%	0.32%

SMMV Overweight 275 Positions Relative to NIXT

Symbol	Grade	Weight
EXEL	B	1.73%
MUSA	A	1.6%
ORI	A	1.57%
ATR	B	1.49%
ADC	B	1.45%
RGLD	C	1.39%
CHE	D	1.32%
AXS	A	1.32%
RLI	B	1.25%
HQY	B	1.23%
OGE	B	1.16%
UNM	A	1.16%
SIGI	C	1.14%
DTM	B	1.14%
CVLT	B	1.12%
IDA	A	1.12%
RGA	A	1.11%
THG	A	1.11%
EHC	B	1.08%
SFM	A	1.07%
ENSG	D	1.06%
WTM	A	0.93%
RNR	C	0.93%
GNTX	C	0.9%
PSN	D	0.87%
FLO	D	0.82%
CACI	D	0.81%
LSTR	D	0.81%
DLB	B	0.81%
CASY	A	0.79%
BWXT	B	0.78%
POST	C	0.77%
PBH	A	0.77%
TXNM	A	0.75%
BJ	A	0.73%
CALM	A	0.72%
INGR	B	0.72%
ALKS	B	0.71%
CW	B	0.71%
LRN	A	0.7%
RYAN	B	0.69%
PAGP	A	0.68%
TKO	B	0.66%
CTRE	D	0.65%
NWE	B	0.64%
BRC	D	0.63%
TXRH	C	0.62%
FCN	D	0.61%
OHI	C	0.6%
WEN	D	0.6%
VNOM	A	0.59%
MDU	D	0.59%
CCCS	B	0.59%
INSM	C	0.58%
GHC	C	0.58%
MSM	C	0.57%
IBKR	A	0.54%
HESM	B	0.54%
PRGS	A	0.51%
TGNA	B	0.5%
VIRT	B	0.5%
POR	C	0.49%
FCFS	F	0.49%
CWAN	B	0.48%
HRB	D	0.47%
DRS	B	0.47%
LAUR	A	0.47%
JJSF	B	0.47%
PCVX	D	0.47%
ECG	C	0.46%
ESGR	B	0.46%
MGEE	C	0.46%
IONS	F	0.45%
CSWI	A	0.45%
WERN	C	0.45%
MSA	D	0.44%
SON	D	0.43%
HURN	B	0.42%
JAZZ	B	0.42%
KNTK	B	0.42%
KBR	F	0.42%
NYT	C	0.4%
HLI	B	0.38%
MCY	A	0.38%
ADUS	D	0.37%
AM	A	0.36%
CWST	A	0.35%
PRDO	B	0.35%
XENE	D	0.34%
BATRK	C	0.34%
REYN	D	0.33%
AGX	B	0.33%
UNF	B	0.33%
MGRC	B	0.33%
NHC	C	0.33%
AVPT	A	0.33%
HMN	B	0.33%
VRRM	D	0.32%
BHE	B	0.32%
SKWD	A	0.32%
LANC	C	0.32%
INSW	F	0.31%
SMPL	B	0.31%
IDCC	A	0.31%
SNX	C	0.31%
DCI	B	0.31%
CORT	B	0.3%
USLM	A	0.3%
GO	C	0.3%
NSIT	F	0.3%
GPOR	B	0.3%
PDCO	D	0.3%
DVAX	C	0.29%
WT	B	0.28%
MIRM	B	0.28%
HWKN	B	0.28%
CRNX	C	0.27%
VVV	F	0.27%
EIG	B	0.26%
CRAI	B	0.25%
YELP	C	0.25%
SAIC	F	0.25%
OSW	A	0.25%
SCI	B	0.25%
IDYA	F	0.24%
NJR	A	0.24%
OLLI	D	0.24%
PPC	C	0.24%
SAFT	C	0.24%
MMS	F	0.23%
ASH	D	0.23%
WABC	B	0.22%
INVA	D	0.21%
ADMA	B	0.21%
AMSF	B	0.21%
NTST	D	0.2%
PJT	A	0.2%
AVA	A	0.2%
OPCH	D	0.19%
AWR	B	0.19%
IMKTA	C	0.19%
CHH	A	0.19%
EDR	A	0.19%
SWX	B	0.18%
BFC	B	0.18%
RARE	D	0.18%
NTCT	C	0.18%
ATEN	B	0.18%
COLL	F	0.18%
KRP	B	0.18%
CNX	A	0.17%
SPNT	A	0.17%
ARCH	B	0.16%
CNXN	C	0.16%
HCC	B	0.16%
KNSA	F	0.16%
CXW	B	0.16%
WMK	C	0.16%
CWT	D	0.16%
PRGO	B	0.15%
CIEN	B	0.15%
ICFI	F	0.15%
IRON	B	0.15%
IDT	B	0.15%
DJCO	B	0.14%
VVX	C	0.14%
SLGN	A	0.14%
JBSS	D	0.14%
BLKB	B	0.14%
HCKT	B	0.14%
HSTM	B	0.14%
ATGE	B	0.14%
GTX	D	0.13%
RGR	F	0.13%
REX	D	0.13%
LBTYK	A	0.13%
KRYS	B	0.13%
ZYME	C	0.13%
LMAT	A	0.12%
UVE	B	0.12%
HALO	F	0.12%
SPTN	D	0.12%
SMP	B	0.12%
GPK	C	0.11%
PLXS	B	0.11%
VREX	C	0.11%
LQDT	B	0.11%
USM	B	0.11%
LTC	B	0.11%
ACLX	C	0.11%
NTNX	A	0.11%
SHEN	F	0.11%
CHCO	B	0.11%
SNRE	D	0.1%
MCS	B	0.1%
AGIO	C	0.1%
ALRM	C	0.1%
DHIL	A	0.1%
ACEL	C	0.1%
EBF	F	0.1%
NABL	F	0.1%
UFCS	B	0.1%
TIPT	B	0.09%
CRVL	A	0.09%
GWRE	A	0.09%
GEO	B	0.09%
HCI	C	0.09%
EPAC	B	0.09%
YORW	D	0.09%
SPRY	D	0.09%
IRWD	F	0.09%
FC	F	0.08%
DORM	B	0.08%
EWTX	C	0.08%
ANIP	F	0.08%
NPK	B	0.08%
TARS	B	0.08%
ITCI	C	0.08%
VITL	D	0.08%
BBSI	B	0.08%
KELYA	F	0.08%
MATX	C	0.08%
STRA	C	0.08%
NTGR	B	0.08%
FRPH	A	0.08%
CEIX	A	0.08%
IMAX	B	0.07%
SR	A	0.07%
BOX	B	0.07%
CNSL	C	0.07%
SENEA	B	0.07%
TBPH	C	0.07%
LQDA	D	0.07%
ATEX	D	0.07%
THS	D	0.07%
OSIS	B	0.07%
WINA	B	0.07%
CPK	A	0.07%
NRC	F	0.06%
PBF	D	0.06%
IMXI	B	0.06%
COKE	C	0.06%
CART	C	0.06%
CLW	F	0.06%
HG	C	0.06%
UTI	A	0.06%
CCRN	F	0.06%
ACT	D	0.06%
ACHC	F	0.06%
IRMD	C	0.05%
ADEA	D	0.05%
IMNM	F	0.05%
SCHL	D	0.05%
METC	C	0.05%
ACAD	D	0.05%
UTZ	D	0.05%
AESI	B	0.05%
KROS	D	0.05%
CGON	F	0.05%
USPH	B	0.05%
SEB	F	0.05%
RMR	F	0.05%
BATRA	F	0.05%
BTU	B	0.05%
GNK	D	0.04%
SWBI	C	0.04%
DAWN	F	0.04%
DK	C	0.04%
TH	C	0.04%
CGEM	F	0.03%
MITK	C	0.03%
ROG	D	0.03%
ANAB	F	0.03%
CRGX	F	0.03%
ITOS	F	0.02%

SMMV Underweight 123 Positions Relative to NIXT

Symbol	Grade	Weight
LUMN	C	-4.02%
TDS	B	-1.29%
AFRM	B	-1.25%
LITE	B	-1.19%
HBI	B	-1.18%
FTDR	A	-1.15%
LBRDK	C	-1.13%
BFH	B	-1.13%
SIRI	C	-1.08%
ACIW	B	-1.02%
VNO	B	-1.0%
DNLI	D	-1.0%
SLG	B	-1.0%
CHRW	C	-0.99%
OMCL	C	-0.98%
BKU	A	-0.96%
VFC	C	-0.95%
GEN	B	-0.93%
MAC	B	-0.89%
DEI	B	-0.87%
UAA	C	-0.86%
CMA	A	-0.85%
BXP	D	-0.82%
SMTC	B	-0.82%
NRG	B	-0.82%
MKTX	D	-0.81%
AMBA	B	-0.81%
FHB	A	-0.81%
PNM	F	-0.81%
SABR	C	-0.8%
EQH	B	-0.8%
REG	B	-0.79%
LNC	B	-0.79%
FNF	B	-0.78%
RL	B	-0.77%
HIW	D	-0.77%
TNL	A	-0.76%
SHC	F	-0.75%
OUT	A	-0.75%
UHS	D	-0.75%
PAYC	B	-0.75%
ELS	C	-0.75%
MASI	A	-0.75%
BIO	D	-0.74%
JWN	C	-0.74%
TFSL	A	-0.74%
RNG	B	-0.74%
KMX	B	-0.73%
VYX	B	-0.73%
RIVN	F	-0.72%
ALLY	C	-0.72%
MP	B	-0.72%
CRUS	D	-0.72%
ZD	C	-0.7%
SAM	C	-0.7%
CNA	B	-0.7%
NWL	B	-0.7%
FRT	B	-0.69%
EPR	D	-0.69%
DXC	B	-0.69%
EMN	D	-0.69%
HE	C	-0.68%
FL	F	-0.68%
CTLT	B	-0.67%
JBLU	F	-0.67%
NVST	B	-0.66%
APLE	B	-0.66%
YETI	C	-0.66%
JKHY	D	-0.65%
JBGS	D	-0.65%
CAR	C	-0.64%
SPR	D	-0.63%
HAS	D	-0.63%
IAC	D	-0.63%
GAP	C	-0.63%
HLF	C	-0.62%
MTCH	D	-0.62%
FMC	D	-0.61%
CABO	C	-0.61%
NOMD	D	-0.6%
PARA	C	-0.59%
ASAN	C	-0.59%
NGVT	B	-0.58%
HAE	C	-0.58%
HST	C	-0.58%
VAC	B	-0.58%
TFX	F	-0.57%
SGRY	F	-0.57%
NOV	C	-0.56%
PK	B	-0.56%
HP	B	-0.54%
AZTA	D	-0.54%
ARWR	F	-0.53%
PLUG	F	-0.53%
HTZ	C	-0.51%
ENOV	C	-0.51%
CBRL	C	-0.51%
MOS	F	-0.51%
IART	C	-0.5%
VIR	D	-0.5%
LCID	F	-0.5%
BMBL	C	-0.49%
HELE	C	-0.46%
ETSY	D	-0.46%
CRI	D	-0.46%
AEO	F	-0.45%
MQ	F	-0.44%
NSP	D	-0.44%
BBWI	D	-0.43%
ACLS	F	-0.43%
KSS	F	-0.43%
ZI	D	-0.42%
XRX	F	-0.4%
NTLA	F	-0.39%
CVI	F	-0.39%
XRAY	F	-0.39%
LEG	F	-0.39%
MRVI	F	-0.37%
QRVO	F	-0.35%
TRIP	F	-0.32%
SVC	F	-0.27%
SAGE	F	-0.22%
AGL	F	-0.19%