SPMV vs. USMV ETF Comparison
Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to iShares MSCI USA Minimum Volatility ETF (USMV)
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
$46.62
Average Daily Volume
611
Number of Holdings
*
75
* 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
$91.10
Average Daily Volume
2,232,096
Number of Holdings
*
170
* may have additional holdings in another (foreign) market
Performance
| Period | SPMV | USMV |
|---|---|---|
| 30 Days | 2.14% | 0.70% |
| 60 Days | 9.20% | 7.72% |
| 90 Days | 6.20% | 8.91% |
| 12 Months | 31.77% | 29.23% |
55 Overlapping Holdings
| Symbol | Grade | Weight in SPMV | Weight in USMV | Overlap | |
|---|---|---|---|---|---|
| AAPL | C | 2.92% | 0.98% | 0.98% | |
| ABT | C | 2.76% | 0.09% | 0.09% | |
| ACGL | A | 0.26% | 0.81% | 0.26% | |
| ACN | B | 0.31% | 1.28% | 0.31% | |
| AEE | A | 0.94% | 0.23% | 0.23% | |
| AEP | C | 0.98% | 0.41% | 0.41% | |
| AJG | C | 2.5% | 1.24% | 1.24% | |
| AMGN | D | 0.35% | 0.68% | 0.35% | |
| AMZN | C | 2.95% | 0.12% | 0.12% | |
| AON | A | 2.87% | 0.49% | 0.49% | |
| AVGO | B | 2.23% | 1.2% | 1.2% | |
| BRK.A | B | 2.86% | 1.52% | 1.52% | |
| CB | A | 2.62% | 1.51% | 1.51% | |
| CRM | B | 1.37% | 0.04% | 0.04% | |
| CSCO | A | 3.07% | 1.36% | 1.36% | |
| CVS | D | 0.23% | 0.05% | 0.05% | |
| DUK | C | 1.36% | 1.53% | 1.36% | |
| ELV | F | 0.59% | 0.67% | 0.59% | |
| GD | C | 0.06% | 0.06% | 0.06% | |
| GILD | A | 0.08% | 0.9% | 0.08% | |
| GIS | C | 1.71% | 0.78% | 0.78% | |
| GOOG | B | 0.54% | 0.15% | 0.15% | |
| HD | A | 2.19% | 0.3% | 0.3% | |
| HRL | F | 0.39% | 0.22% | 0.22% | |
| HSY | D | 1.13% | 0.33% | 0.33% | |
| IBM | A | 0.57% | 1.74% | 0.57% | |
| JNJ | D | 1.26% | 1.25% | 1.25% | |
| KHC | F | 0.32% | 0.43% | 0.32% | |
| LLY | D | 0.78% | 1.51% | 0.78% | |
| MDLZ | D | 2.85% | 0.5% | 0.5% | |
| MMC | D | 2.79% | 1.12% | 1.12% | |
| MRK | F | 2.81% | 1.21% | 1.21% | |
| MSFT | D | 2.91% | 1.35% | 1.35% | |
| NEM | C | 0.6% | 0.58% | 0.58% | |
| NOW | B | 1.51% | 0.64% | 0.64% | |
| NVDA | B | 3.02% | 0.53% | 0.53% | |
| ORCL | A | 1.97% | 1.16% | 1.16% | |
| PFE | D | 1.15% | 0.23% | 0.23% | |
| PG | D | 2.84% | 1.25% | 1.25% | |
| PGR | B | 1.59% | 1.67% | 1.59% | |
| REGN | D | 1.51% | 0.83% | 0.83% | |
| RSG | D | 0.53% | 1.48% | 0.53% | |
| RTX | A | 0.66% | 0.09% | 0.09% | |
| SO | A | 0.48% | 1.39% | 0.48% | |
| T | B | 0.27% | 0.73% | 0.27% | |
| TDY | A | 0.87% | 0.54% | 0.54% | |
| TJX | D | 0.49% | 0.44% | 0.44% | |
| TMUS | A | 2.92% | 1.72% | 1.72% | |
| TRV | B | 0.91% | 1.04% | 0.91% | |
| TSN | D | 0.39% | 0.67% | 0.39% | |
| VRSK | D | 1.57% | 0.4% | 0.4% | |
| VRTX | D | 2.34% | 0.72% | 0.72% | |
| VZ | C | 1.02% | 1.46% | 1.02% | |
| XEL | C | 0.17% | 0.43% | 0.17% | |
| XOM | A | 0.64% | 0.46% | 0.46% |
SPMV Overweight 20 Positions Relative to USMV
SPMV Underweight 115 Positions Relative to USMV
| Symbol | Grade | Weight | |
|---|---|---|---|
| MSI | A | -1.67% | |
| WMT | A | -1.67% | |
| NOC | B | -1.58% | |
| WCN | D | -1.48% | |
| TXN | C | -1.39% | |
| WM | B | -1.37% | |
| UNH | B | -1.36% | |
| MCD | A | -1.3% | |
| ROP | D | -1.3% | |
| APH | D | -1.29% | |
| ED | C | -1.23% | |
| ABBV | C | -1.23% | |
| PEP | F | -1.11% | |
| MCK | F | -1.1% | |
| AZO | D | -1.0% | |
| LMT | A | -0.94% | |
| CBOE | B | -0.87% | |
| GDDY | B | -0.82% | |
| K | B | -0.81% | |
| V | B | -0.8% | |
| CTSH | B | -0.76% | |
| WEC | B | -0.76% | |
| EA | D | -0.76% | |
| FCNCA | D | -0.73% | |
| KDP | C | -0.7% | |
| MA | A | -0.67% | |
| VRSN | C | -0.67% | |
| ORLY | A | -0.65% | |
| COR | F | -0.62% | |
| BDX | C | -0.61% | |
| FI | A | -0.59% | |
| KR | C | -0.59% | |
| MPC | D | -0.57% | |
| KEYS | B | -0.56% | |
| ERIE | A | -0.54% | |
| FANG | D | -0.54% | |
| CME | A | -0.53% | |
| YUM | C | -0.53% | |
| FFIV | B | -0.51% | |
| INCY | B | -0.51% | |
| FICO | C | -0.5% | |
| JNPR | C | -0.5% | |
| UBER | C | -0.48% | |
| PTC | B | -0.48% | |
| BAH | C | -0.46% | |
| EG | A | -0.46% | |
| CL | D | -0.45% | |
| AKAM | D | -0.45% | |
| CDW | D | -0.44% | |
| BMY | A | -0.44% | |
| WDAY | D | -0.4% | |
| HUM | F | -0.4% | |
| CMCSA | B | -0.38% | |
| WTW | C | -0.37% | |
| CPB | D | -0.37% | |
| ROL | C | -0.37% | |
| CHD | D | -0.37% | |
| CTVA | A | -0.37% | |
| IT | A | -0.34% | |
| AFG | A | -0.34% | |
| GEN | A | -0.33% | |
| CVX | B | -0.32% | |
| MKL | B | -0.32% | |
| NBIX | F | -0.31% | |
| FWONK | D | -0.3% | |
| GLW | C | -0.3% | |
| ICE | A | -0.29% | |
| ANET | A | -0.29% | |
| AIZ | B | -0.29% | |
| WRB | C | -0.29% | |
| L | C | -0.27% | |
| GRMN | D | -0.27% | |
| BMRN | F | -0.25% | |
| ALNY | C | -0.25% | |
| WMB | A | -0.24% | |
| ADI | B | -0.24% | |
| D | A | -0.23% | |
| NTAP | D | -0.22% | |
| MOH | F | -0.22% | |
| KMB | D | -0.22% | |
| AZPN | A | -0.22% | |
| HON | C | -0.22% | |
| CI | D | -0.22% | |
| DTE | B | -0.21% | |
| CMS | A | -0.2% | |
| HUBS | D | -0.19% | |
| MELI | D | -0.19% | |
| STX | C | -0.18% | |
| PKG | B | -0.18% | |
| TW | A | -0.18% | |
| DPZ | D | -0.18% | |
| HOLX | D | -0.17% | |
| SNPS | F | -0.17% | |
| LIN | C | -0.17% | |
| CDNS | D | -0.16% | |
| EOG | B | -0.16% | |
| CRWD | D | -0.15% | |
| UTHR | C | -0.14% | |
| MDT | C | -0.14% | |
| OXY | D | -0.13% | |
| HIG | A | -0.12% | |
| KO | C | -0.11% | |
| LNT | B | -0.1% | |
| DELL | C | -0.1% | |
| DGX | D | -0.1% | |
| FSLR | C | -0.08% | |
| ADP | A | -0.08% | |
| TEL | D | -0.07% | |
| OTIS | A | -0.07% | |
| PSX | D | -0.06% | |
| KNX | D | -0.06% | |
| ULTA | D | -0.05% | |
| VLO | F | -0.05% | |
| BR | B | -0.05% | |
| ATO | A | -0.05% |
SPMV: Top Represented Industries & Keywords
Industries:
Drug Manufacturers - Major
Utilities - Regulated Electric
Insurance Brokers
Packaged Foods
Software - Application
Telecom Services
Aerospace & Defense
Insurance - Diversified
Insurance - Property & Casualty
Semiconductors
Biotechnology
Confectioners
Farm Products
Health Care Plans
Information Technology Services
Internet Content & Information
Scientific & Technical Instruments
Software - Infrastructure
Apparel Stores
Banks - Global
USMV: Top Represented Industries & Keywords
Industries:
Software - Application
Utilities - Regulated Electric
Drug Manufacturers - Major
Biotechnology
Insurance - Property & Casualty
Business Services
Health Care Plans
Information Technology Services
Insurance Brokers
Packaged Foods
Software - Infrastructure
Specialty Retail
Aerospace & Defense
Household & Personal Products
Insurance - Diversified
Semiconductors
Beverages - Soft Drinks
Communication Equipment
Electronic Components
Financial Data & Stock Exchanges
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