SPMV vs. ACIO ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to Aptus Collared Income Opportunity ETF (ACIO)

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

$47.41

Average Daily Volume

650

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACIO

Aptus Collared Income Opportunity ETF

ACIO Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.60

Average Daily Volume

177,688

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	ACIO
30 Days	0.25%	0.92%
60 Days	1.56%	3.15%
90 Days	4.00%	3.94%
12 Months	25.48%	26.52%

29 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in ACIO	Overlap
AAPL	C	2.9%	6.73%	2.9%
ABT	B	2.79%	0.79%	0.79%
ACN	B	0.31%	1.12%	0.31%
ADBE	C	2.1%	0.45%	0.45%
AMGN	F	0.32%	0.39%	0.32%
AMT	C	1.76%	0.79%	0.79%
AMZN	C	3.25%	3.83%	3.25%
AVGO	D	2.12%	2.09%	2.09%
BRK.A	B	2.92%	1.7%	1.7%
DUK	C	1.3%	0.63%	0.63%
GOOG	C	0.58%	3.84%	0.58%
INTU	B	0.75%	1.07%	0.75%
JNJ	C	1.18%	1.02%	1.02%
JPM	A	0.61%	1.94%	0.61%
LLY	F	0.67%	1.31%	0.67%
META	D	0.33%	2.52%	0.33%
MKC	C	0.75%	0.67%	0.67%
MMC	B	2.74%	0.88%	0.88%
MSFT	D	2.85%	6.13%	2.85%
NEE	C	1.59%	0.68%	0.68%
NOW	A	1.76%	2.06%	1.76%
NVDA	B	3.54%	7.06%	3.54%
PG	C	2.72%	1.07%	1.07%
PGR	A	1.61%	1.66%	1.61%
SO	C	0.47%	1.01%	0.47%
TJX	A	0.5%	0.84%	0.5%
TMUS	B	3.38%	1.22%	1.22%
VRTX	D	2.42%	0.49%	0.49%
XOM	B	0.68%	1.83%	0.68%

SPMV Overweight 46 Positions Relative to ACIO

Symbol	Grade	Weight
GEV	B	3.53%
CSCO	B	3.34%
AON	A	3.09%
QCOM	F	2.79%
AJG	A	2.63%
CB	C	2.58%
MDLZ	F	2.5%
MRK	D	2.43%
HD	B	2.22%
ORCL	A	2.17%
VRSK	A	1.69%
ZTS	D	1.64%
CRM	B	1.63%
GIS	D	1.49%
SRE	A	1.49%
REGN	F	1.13%
HSY	F	1.05%
PFE	F	1.02%
TRV	B	0.98%
AEE	A	0.97%
TDY	B	0.94%
VZ	C	0.93%
AEP	C	0.91%
BRO	B	0.81%
CCI	C	0.7%
RTX	D	0.65%
RSG	A	0.54%
IBM	C	0.53%
ELV	F	0.46%
NEM	D	0.44%
TSN	B	0.42%
HRL	D	0.38%
IDXX	F	0.37%
BIIB	F	0.31%
KHC	F	0.29%
T	A	0.28%
ADM	D	0.25%
AIG	B	0.25%
PCG	A	0.24%
ACGL	C	0.23%
CVS	D	0.22%
XEL	A	0.19%
TRMB	B	0.1%
GILD	C	0.09%
GD	D	0.06%
BA	F	0.04%

SPMV Underweight 46 Positions Relative to ACIO

Symbol	Grade	Weight
TSLA	B	-1.93%
V	A	-1.8%
SYK	B	-1.76%
CAT	B	-1.75%
LMT	D	-1.68%
AMAT	F	-1.44%
UNH	B	-1.3%
LIN	C	-1.3%
LOW	C	-1.24%
NFLX	A	-1.18%
WMT	A	-1.15%
MS	A	-1.14%
KO	D	-1.12%
MAR	A	-1.12%
TMO	F	-1.09%
FI	A	-1.07%
CSX	C	-1.05%
ISRG	A	-1.02%
MCD	D	-1.01%
BAC	A	-1.01%
COST	A	-1.01%
CTAS	B	-0.97%
HON	C	-0.91%
MSI	B	-0.9%
ADI	D	-0.87%
PHM	D	-0.82%
FANG	C	-0.72%
BMY	B	-0.72%
ICE	C	-0.7%
DLR	B	-0.68%
ABBV	F	-0.65%
ETN	A	-0.62%
C	A	-0.61%
TYL	B	-0.6%
MO	A	-0.58%
DE	B	-0.57%
HCA	F	-0.48%
AMD	F	-0.47%
PSA	C	-0.47%
EOG	A	-0.47%
SHW	B	-0.43%
BR	A	-0.41%
CMCSA	B	-0.39%
FCX	F	-0.36%
ADP	A	-0.31%
SLB	C	-0.25%