SPMV vs. FMCX ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to FMC Excelsior Focus Equity ETF (FMCX)

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

$46.34

Average Daily Volume

608

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.88

Average Daily Volume

118

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	FMCX
30 Days	0.70%	2.78%
60 Days	5.59%	8.81%
90 Days	5.56%	6.73%
12 Months	30.80%	29.28%

9 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in FMCX	Overlap
AAPL	C	2.92%	6.93%	2.92%
AMGN	D	0.35%	1.11%	0.35%
AMZN	C	2.95%	5.01%	2.95%
GD	C	0.06%	0.13%	0.06%
GILD	A	0.08%	0.87%	0.08%
GOOG	B	0.54%	0.5%	0.5%
JPM	D	0.53%	0.3%	0.3%
MSFT	D	2.91%	4.79%	2.91%
PG	D	2.84%	1.3%	1.3%

SPMV Overweight 66 Positions Relative to FMCX

Symbol	Grade	Weight
CSCO	A	3.07%
NVDA	B	3.02%
QCOM	C	2.96%
TMUS	A	2.92%
AON	B	2.87%
BRK.A	C	2.86%
MDLZ	D	2.85%
MRK	F	2.81%
MMC	D	2.79%
ABT	C	2.76%
GEV	A	2.75%
CB	B	2.62%
AJG	D	2.5%
VRTX	D	2.34%
AVGO	C	2.23%
HD	A	2.19%
AMT	C	2.12%
ADBE	F	2.06%
ORCL	C	1.97%
ZTS	C	1.85%
NEE	A	1.78%
GIS	C	1.71%
PGR	C	1.59%
VRSK	C	1.57%
NOW	C	1.51%
REGN	D	1.51%
CRM	B	1.37%
SRE	B	1.36%
DUK	B	1.36%
JNJ	D	1.26%
PFE	D	1.15%
HSY	F	1.13%
VZ	B	1.02%
AEP	C	0.98%
AEE	A	0.94%
TRV	C	0.91%
TDY	A	0.87%
MKC	C	0.84%
LLY	D	0.78%
CCI	C	0.78%
BRO	A	0.76%
INTU	F	0.69%
RTX	A	0.66%
XOM	A	0.64%
NEM	C	0.6%
ELV	F	0.59%
IBM	A	0.57%
RSG	C	0.53%
TJX	D	0.49%
SO	A	0.48%
IDXX	D	0.45%
TSN	D	0.39%
HRL	F	0.39%
BIIB	F	0.37%
KHC	F	0.32%
META	A	0.32%
ACN	B	0.31%
ADM	F	0.29%
T	A	0.27%
ACGL	B	0.26%
AIG	F	0.25%
PCG	C	0.23%
CVS	C	0.23%
XEL	B	0.17%
TRMB	B	0.09%
BA	F	0.05%

SPMV Underweight 43 Positions Relative to FMCX

Symbol	Grade	Weight
UNH	B	-6.84%
KKR	C	-6.14%
IAC	D	-5.35%
GDDY	D	-4.98%
LBRDK	B	-4.24%
LSXMK	D	-4.22%
GGG	C	-3.98%
PYPL	C	-3.9%
MTCH	B	-3.18%
LSXMA	D	-1.79%
GOOGL	B	-1.77%
LBRDA	B	-1.74%
PM	D	-1.21%
YUM	B	-1.18%
CMCSA	C	-1.13%
MCD	A	-1.12%
KEYS	C	-1.06%
VUSB	A	-0.92%
ICSH	A	-0.92%
CL	D	-0.85%
MO	D	-0.84%
ENTG	D	-0.82%
ARWR	F	-0.72%
NKE	D	-0.68%
HON	C	-0.6%
DHR	D	-0.55%
BAX	D	-0.47%
YUMC	B	-0.42%
MUSA	D	-0.4%
SPGI	B	-0.37%
MTX	D	-0.33%
KEX	C	-0.33%
EQR	C	-0.3%
MUR	F	-0.25%
V	C	-0.21%
FWONK	D	-0.21%
BKNG	C	-0.19%
FLWS	F	-0.15%
BATRK	F	-0.11%
PNR	B	-0.1%
FWONA	D	-0.05%
VMEO	C	-0.03%
BATRA	F	-0.02%