USMV vs. ACWI ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to iShares MSCI ACWI Index Fund (ACWI)

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

$93.44

Average Daily Volume

1,638,518

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

ACWI

iShares MSCI ACWI Index Fund

ACWI Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index. The fund invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization index designed to measure the combined equity market performance of developed and emerging markets countries. Components primarily include consumer discretionary, consumer staples, energy, financial, industrials and information technology companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$120.38

Average Daily Volume

1,898,594

Number of Holdings ^*

616

* may have additional holdings in another (foreign) market

Performance

Period	USMV	ACWI
30 Days	0.94%	0.17%
60 Days	2.29%	1.91%
90 Days	3.46%	2.66%
12 Months	24.96%	25.12%

170 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in ACWI	Overlap
AAPL	C	0.99%	4.24%	0.99%
ABBV	F	1.04%	0.38%	0.38%
ABT	B	0.09%	0.26%	0.09%
ACGL	C	0.68%	0.05%	0.05%
ACN	B	1.29%	0.28%	0.28%
ADI	D	0.23%	0.14%	0.14%
ADP	A	0.09%	0.15%	0.09%
AEE	A	0.24%	0.03%	0.03%
AEP	C	0.39%	0.06%	0.06%
AFG	A	0.35%	0.01%	0.01%
AIZ	A	0.32%	0.02%	0.02%
AJG	A	1.27%	0.08%	0.08%
AKAM	D	0.39%	0.02%	0.02%
ALNY	D	0.22%	0.04%	0.04%
AMGN	F	0.59%	0.19%	0.19%
AMZN	C	0.14%	2.45%	0.14%
ANET	C	0.29%	0.13%	0.13%
AON	A	0.53%	0.1%	0.1%
APH	A	1.44%	0.11%	0.11%
ATO	A	0.06%	0.03%	0.03%
AVGO	D	1.19%	0.93%	0.93%
AZO	C	0.98%	0.07%	0.07%
AZPN	A	0.23%	0.01%	0.01%
BAH	F	0.39%	0.02%	0.02%
BDX	F	0.56%	0.08%	0.08%
BMRN	F	0.22%	0.01%	0.01%
BMY	B	0.49%	0.15%	0.15%
BR	A	0.05%	0.04%	0.04%
BRK.A	B	1.55%	0.79%	0.79%
CB	C	1.47%	0.14%	0.14%
CBOE	C	0.85%	0.03%	0.03%
CDNS	B	0.18%	0.11%	0.11%
CDW	F	0.35%	0.03%	0.03%
CHD	A	0.4%	0.03%	0.03%
CI	D	0.21%	0.12%	0.12%
CL	D	0.41%	0.09%	0.09%
CMCSA	B	0.39%	0.21%	0.21%
CME	B	0.53%	0.1%	0.1%
CMS	C	0.19%	0.02%	0.02%
COR	B	0.67%	0.05%	0.05%
CPB	D	0.33%	0.01%	0.01%
CRM	B	0.05%	0.4%	0.05%
CRWD	B	0.19%	0.1%	0.1%
CSCO	B	1.47%	0.29%	0.29%
CTSH	B	0.76%	0.05%	0.05%
CTVA	C	0.38%	0.05%	0.05%
CVS	D	0.04%	0.09%	0.04%
CVX	A	0.34%	0.36%	0.34%
D	C	0.23%	0.06%	0.06%
DELL	B	0.12%	0.05%	0.05%
DGX	A	0.11%	0.02%	0.02%
DPZ	C	0.19%	0.02%	0.02%
DTE	C	0.2%	0.03%	0.03%
DUK	C	1.49%	0.11%	0.11%
EA	A	0.89%	0.05%	0.05%
ED	C	1.13%	0.04%	0.04%
EG	C	0.43%	0.02%	0.02%
ELV	F	0.52%	0.12%	0.12%
EOG	A	0.17%	0.1%	0.1%
ERIE	D	0.42%	0.01%	0.01%
FANG	C	0.55%	0.04%	0.04%
FCNCA	A	0.88%	0.03%	0.03%
FFIV	B	0.55%	0.02%	0.02%
FI	A	0.69%	0.16%	0.16%
FICO	B	0.59%	0.07%	0.07%
FSLR	F	0.06%	0.02%	0.02%
FWONK	A	0.31%	0.02%	0.02%
GD	D	0.05%	0.08%	0.05%
GDDY	A	1.0%	0.03%	0.03%
GEN	B	0.35%	0.02%	0.02%
GILD	C	0.94%	0.14%	0.14%
GIS	D	0.66%	0.04%	0.04%
GLW	B	0.31%	0.05%	0.05%
GOOG	C	0.16%	1.16%	0.16%
GRMN	B	0.33%	0.04%	0.04%
HD	B	0.3%	0.52%	0.3%
HIG	B	0.12%	0.05%	0.05%
HOLX	D	0.16%	0.02%	0.02%
HON	C	0.25%	0.19%	0.19%
HRL	D	0.21%	0.01%	0.01%
HSY	F	0.3%	0.03%	0.03%
HUBS	A	0.24%	0.04%	0.04%
HUM	C	0.4%	0.04%	0.04%
IBM	C	1.66%	0.24%	0.24%
ICE	C	0.28%	0.11%	0.11%
INCY	C	0.53%	0.01%	0.01%
IT	C	0.35%	0.05%	0.05%
JNJ	C	1.18%	0.47%	0.47%
JNPR	D	0.45%	0.01%	0.01%
K	A	0.8%	0.03%	0.03%
KDP	F	0.59%	0.05%	0.05%
KEYS	A	0.55%	0.03%	0.03%
KHC	F	0.38%	0.03%	0.03%
KMB	C	0.21%	0.06%	0.06%
KNX	C	0.06%	0.01%	0.01%
KO	D	0.1%	0.33%	0.1%
KR	B	0.61%	0.05%	0.05%
L	A	0.28%	0.02%	0.02%
LIN	C	0.16%	0.27%	0.16%
LLY	F	1.25%	0.75%	0.75%
LMT	D	0.82%	0.15%	0.15%
LNT	A	0.1%	0.02%	0.02%
MA	B	0.7%	0.55%	0.55%
MCD	D	1.25%	0.27%	0.27%
MCK	A	1.35%	0.1%	0.1%
MDLZ	F	0.44%	0.11%	0.11%
MDT	D	0.13%	0.14%	0.13%
MELI	C	0.18%	0.11%	0.11%
MKL	A	0.34%	0.03%	0.03%
MMC	B	1.11%	0.14%	0.14%
MOH	F	0.18%	0.02%	0.02%
MPC	D	0.54%	0.07%	0.07%
MRK	D	1.01%	0.31%	0.31%
MSFT	D	1.34%	3.76%	1.34%
MSI	B	1.81%	0.1%	0.1%
NBIX	C	0.32%	0.01%	0.01%
NEM	D	0.46%	0.06%	0.06%
NOC	D	1.43%	0.09%	0.09%
NOW	A	0.75%	0.27%	0.27%
NTAP	C	0.22%	0.03%	0.03%
NVDA	B	0.67%	4.62%	0.67%
ORCL	A	1.31%	0.4%	0.4%
ORLY	B	0.68%	0.09%	0.09%
OTIS	C	0.07%	0.05%	0.05%
OXY	D	0.12%	0.04%	0.04%
PEP	F	1.01%	0.27%	0.27%
PFE	F	0.2%	0.18%	0.18%
PG	C	1.23%	0.51%	0.51%
PGR	A	1.67%	0.19%	0.19%
PKG	A	0.2%	0.03%	0.03%
PSX	C	0.06%	0.07%	0.06%
PTC	B	0.52%	0.03%	0.03%
REGN	F	0.59%	0.1%	0.1%
ROL	B	0.36%	0.02%	0.02%
ROP	B	1.3%	0.08%	0.08%
RSG	A	1.55%	0.06%	0.06%
RTX	D	0.09%	0.2%	0.09%
SNPS	B	0.18%	0.1%	0.1%
SO	C	1.35%	0.12%	0.12%
STX	C	0.16%	0.03%	0.03%
T	A	0.74%	0.21%	0.21%
TDY	B	0.57%	0.03%	0.03%
TEL	B	0.07%	0.06%	0.06%
TJX	A	0.45%	0.17%	0.17%
TMUS	B	1.95%	0.16%	0.16%
TRV	B	1.15%	0.07%	0.07%
TSN	B	0.71%	0.02%	0.02%
TW	A	0.2%	0.02%	0.02%
TXN	C	1.39%	0.23%	0.23%
UBER	F	0.45%	0.17%	0.17%
ULTA	F	0.04%	0.02%	0.02%
UNH	B	1.34%	0.68%	0.68%
UTHR	C	0.14%	0.02%	0.02%
V	A	0.9%	0.63%	0.63%
VLO	C	0.05%	0.06%	0.05%
VRSK	A	0.42%	0.05%	0.05%
VRSN	C	0.64%	0.02%	0.02%
VRTX	D	0.69%	0.15%	0.15%
VZ	C	1.35%	0.22%	0.22%
WCN	A	1.56%	0.06%	0.06%
WDAY	B	0.43%	0.07%	0.07%
WEC	A	0.78%	0.04%	0.04%
WM	B	1.44%	0.11%	0.11%
WMB	A	0.31%	0.09%	0.09%
WMT	A	1.78%	0.49%	0.49%
WRB	A	0.31%	0.02%	0.02%
WTW	B	0.38%	0.04%	0.04%
XEL	A	0.46%	0.05%	0.05%
XOM	B	0.45%	0.68%	0.45%
YUM	D	0.5%	0.05%	0.05%

USMV Overweight 0 Positions Relative to ACWI

	Symbol	Grade	Weight

USMV Underweight 446 Positions Relative to ACWI

Symbol	Grade	Weight
META	D	-1.57%
GOOGL	C	-1.34%
TSLA	B	-1.27%
JPM	A	-0.89%
COST	A	-0.53%
NFLX	A	-0.48%
BAC	A	-0.42%
WFC	A	-0.33%
AMD	F	-0.29%
ADBE	C	-0.28%
DIS	B	-0.26%
TMO	F	-0.25%
GE	D	-0.25%
PM	B	-0.25%
GS	A	-0.24%
CAT	B	-0.24%
ISRG	A	-0.24%
INTU	B	-0.23%
TM	F	-0.23%
QCOM	F	-0.23%
BKNG	A	-0.22%
SPGI	C	-0.21%
MS	A	-0.21%
BABA	D	-0.21%
AXP	A	-0.21%
DHR	F	-0.2%
NEE	C	-0.2%
ETN	A	-0.19%
LOW	C	-0.19%
BLK	B	-0.19%
AMAT	F	-0.18%
UNP	C	-0.18%
C	A	-0.17%
MUFG	B	-0.17%
BX	A	-0.17%
COP	C	-0.17%
SYK	B	-0.17%
BSX	A	-0.17%
PANW	B	-0.16%
PLTR	B	-0.16%
SONY	B	-0.15%
SCHW	B	-0.15%
PLD	F	-0.14%
BA	F	-0.14%
MU	D	-0.14%
SBUX	A	-0.14%
INTC	C	-0.13%
DE	B	-0.13%
LRCX	F	-0.12%
GEV	B	-0.12%
TT	A	-0.12%
AMT	C	-0.12%
KKR	A	-0.12%
UPS	C	-0.12%
MO	A	-0.12%
WELL	A	-0.11%
KLAC	F	-0.11%
PYPL	B	-0.11%
EQIX	A	-0.11%
HDB	C	-0.11%
NKE	F	-0.11%
PH	A	-0.11%
SMFG	B	-0.11%
SHW	B	-0.11%
MRVL	B	-0.1%
MCO	B	-0.1%
USB	A	-0.1%
ITW	B	-0.1%
ZTS	D	-0.1%
IBN	C	-0.1%
CMG	B	-0.1%
PNC	B	-0.1%
CTAS	B	-0.1%
APO	B	-0.09%
HCA	F	-0.09%
CSX	C	-0.09%
MSTR	B	-0.09%
COF	C	-0.09%
FDX	B	-0.09%
MAR	A	-0.09%
CRH	A	-0.09%
TDG	D	-0.09%
MMM	D	-0.09%
TGT	F	-0.09%
APD	A	-0.09%
EMR	B	-0.09%
CEG	C	-0.09%
SPG	A	-0.08%
CARR	C	-0.08%
SLB	C	-0.08%
AFL	B	-0.08%
DLR	B	-0.08%
SRE	A	-0.08%
COIN	C	-0.08%
FCX	F	-0.08%
TFC	A	-0.08%
ECL	D	-0.08%
GM	C	-0.08%
HLT	A	-0.08%
OKE	A	-0.08%
ADSK	A	-0.08%
APP	B	-0.08%
LNG	A	-0.07%
ALL	A	-0.07%
AIG	B	-0.07%
MET	A	-0.07%
PSA	C	-0.07%
GWW	B	-0.07%
TTD	B	-0.07%
DASH	B	-0.07%
VST	A	-0.07%
URI	C	-0.07%
NXPI	D	-0.07%
JCI	B	-0.07%
AMP	A	-0.07%
PCAR	B	-0.07%
BK	A	-0.07%
ABNB	C	-0.07%
MFG	A	-0.07%
NSC	B	-0.07%
RCL	A	-0.07%
KMI	A	-0.07%
FTNT	C	-0.07%
DFS	B	-0.06%
PEG	A	-0.06%
AME	A	-0.06%
AXON	A	-0.06%
KVUE	A	-0.06%
PAYX	B	-0.06%
CCI	C	-0.06%
HWM	A	-0.06%
LHX	C	-0.06%
PRU	A	-0.06%
ROST	D	-0.06%
FLUT	A	-0.06%
FAST	B	-0.06%
MSCI	C	-0.06%
PWR	A	-0.06%
DHI	F	-0.06%
CPRT	B	-0.06%
FIS	C	-0.06%
CMI	A	-0.06%
O	C	-0.06%
VRT	B	-0.06%
SQ	A	-0.06%
EXR	C	-0.05%
HPQ	B	-0.05%
VMC	B	-0.05%
MLM	C	-0.05%
CHTR	C	-0.05%
DDOG	A	-0.05%
MTB	A	-0.05%
SYY	D	-0.05%
A	D	-0.05%
EXC	C	-0.05%
TEAM	A	-0.05%
STZ	D	-0.05%
SNOW	B	-0.05%
MNST	C	-0.05%
HES	B	-0.05%
CBRE	B	-0.05%
HMC	F	-0.05%
FERG	B	-0.05%
TRGP	A	-0.05%
ODFL	C	-0.05%
LEN	D	-0.05%
EW	C	-0.05%
PCG	A	-0.05%
F	C	-0.05%
IR	B	-0.05%
BKR	A	-0.05%
PPG	F	-0.04%
PHM	D	-0.04%
TPL	A	-0.04%
DOV	A	-0.04%
ON	D	-0.04%
MPWR	F	-0.04%
SW	A	-0.04%
CSGP	D	-0.04%
NET	B	-0.04%
CAH	B	-0.04%
NVR	D	-0.04%
STT	B	-0.04%
GPN	B	-0.04%
XYL	D	-0.04%
TSCO	D	-0.04%
TTWO	A	-0.04%
DXCM	C	-0.04%
ANSS	B	-0.04%
EFX	F	-0.04%
CNC	D	-0.04%
FITB	B	-0.04%
DOW	F	-0.04%
ROK	C	-0.04%
ETR	B	-0.04%
EBAY	D	-0.04%
VEEV	C	-0.04%
AVB	B	-0.04%
VICI	C	-0.04%
EIX	B	-0.04%
ARES	A	-0.04%
RJF	A	-0.04%
TCOM	B	-0.04%
DD	C	-0.04%
IDXX	F	-0.04%
IRM	C	-0.04%
NUE	C	-0.04%
WAB	B	-0.04%
MCHP	F	-0.04%
RMD	C	-0.04%
NDAQ	A	-0.04%
IQV	F	-0.04%
LULU	C	-0.04%
GEHC	D	-0.04%
FDS	B	-0.03%
LH	B	-0.03%
OMC	C	-0.03%
DRI	B	-0.03%
PFG	D	-0.03%
CLX	A	-0.03%
COO	D	-0.03%
SNA	A	-0.03%
WAT	C	-0.03%
LII	A	-0.03%
LDOS	C	-0.03%
WDC	D	-0.03%
MDB	B	-0.03%
STE	D	-0.03%
NRG	B	-0.03%
NTRS	A	-0.03%
WY	F	-0.03%
LYB	F	-0.03%
ILMN	C	-0.03%
CNP	A	-0.03%
CSL	C	-0.03%
STLD	B	-0.03%
WBD	B	-0.03%
CFG	B	-0.03%
ES	C	-0.03%
LYV	A	-0.03%
WST	C	-0.03%
INVH	D	-0.03%
BLDR	D	-0.03%
BIIB	F	-0.03%
ZBH	C	-0.03%
LPLA	A	-0.03%
FE	C	-0.03%
IFF	D	-0.03%
EXPE	B	-0.03%
EME	A	-0.03%
CINF	A	-0.03%
BIDU	F	-0.03%
HUBB	B	-0.03%
DVN	F	-0.03%
RF	A	-0.03%
RBLX	C	-0.03%
SBAC	D	-0.03%
MTD	F	-0.03%
TYL	B	-0.03%
FTV	C	-0.03%
PPL	A	-0.03%
CPAY	A	-0.03%
VLTO	C	-0.03%
CCL	A	-0.03%
EQR	C	-0.03%
VTR	B	-0.03%
TROW	B	-0.03%
EQT	B	-0.03%
BRO	B	-0.03%
HAL	C	-0.03%
ADM	D	-0.03%
DECK	A	-0.03%
HBAN	A	-0.03%
AWK	C	-0.03%
SYF	B	-0.03%
HPE	B	-0.03%
DKS	D	-0.02%
KMX	B	-0.02%
ALB	B	-0.02%
HST	C	-0.02%
UHS	D	-0.02%
MRNA	F	-0.02%
ELS	C	-0.02%
OKTA	C	-0.02%
CPT	B	-0.02%
AMH	C	-0.02%
NDSN	B	-0.02%
REG	A	-0.02%
Z	A	-0.02%
BG	D	-0.02%
ALLE	C	-0.02%
JKHY	D	-0.02%
CHRW	B	-0.02%
CAG	F	-0.02%
UDR	B	-0.02%
SWK	D	-0.02%
WPC	C	-0.02%
AVTR	F	-0.02%
EPAM	B	-0.02%
SWKS	F	-0.02%
HEI	A	-0.02%
DT	D	-0.02%
DLTR	F	-0.02%
CHT	C	-0.02%
POOL	C	-0.02%
RVTY	F	-0.02%
LI	F	-0.02%
APTV	F	-0.02%
EL	F	-0.02%
DOC	C	-0.02%
TOST	B	-0.02%
AMCR	C	-0.02%
SMCI	F	-0.02%
ACM	B	-0.02%
VTRS	A	-0.02%
GGG	B	-0.02%
EVRG	A	-0.02%
ENTG	D	-0.02%
JBHT	C	-0.02%
TER	F	-0.02%
JBL	C	-0.02%
NI	A	-0.02%
SSNC	B	-0.02%
HEI	A	-0.02%
TXT	D	-0.02%
ALGN	D	-0.02%
GLPI	C	-0.02%
BAX	F	-0.02%
TWLO	A	-0.02%
UMC	F	-0.02%
J	D	-0.02%
CF	A	-0.02%
DOCU	B	-0.02%
PSTG	D	-0.02%
FNF	B	-0.02%
KIM	A	-0.02%
DG	F	-0.02%
MANH	D	-0.02%
SUI	C	-0.02%
AVY	F	-0.02%
KEY	B	-0.02%
MAS	D	-0.02%
LVS	B	-0.02%
GPC	D	-0.02%
EXPD	C	-0.02%
RPM	A	-0.02%
OC	A	-0.02%
ARE	F	-0.02%
BURL	B	-0.02%
YUMC	C	-0.02%
PINS	F	-0.02%
MRO	B	-0.02%
EQH	C	-0.02%
RS	B	-0.02%
TRMB	B	-0.02%
WSM	C	-0.02%
IP	A	-0.02%
IEX	C	-0.02%
MAA	B	-0.02%
HOOD	B	-0.02%
WSO	A	-0.02%
MKC	C	-0.02%
DKNG	B	-0.02%
BALL	F	-0.02%
NMR	B	-0.02%
BBY	D	-0.02%
ZM	C	-0.02%
PODD	C	-0.02%
ZBRA	B	-0.02%
PNR	A	-0.02%
TRU	D	-0.02%
ZS	B	-0.02%
CTRA	B	-0.02%
ESS	B	-0.02%
EXE	A	-0.02%
CELH	F	-0.01%
MBAVU	C	-0.01%
BILI	D	-0.01%
WLK	D	-0.01%
UHAL	D	-0.01%
LUV	C	-0.01%
PARA	C	-0.01%
WBA	F	-0.01%
H	B	-0.01%
DINO	D	-0.01%
FOX	A	-0.01%
AGCO	D	-0.01%
BEN	C	-0.01%
BBWI	C	-0.01%
ACI	C	-0.01%
QRVO	F	-0.01%
NIO	F	-0.01%
XPEV	C	-0.01%
RIVN	F	-0.01%
BIO	C	-0.01%
MTCH	D	-0.01%
HII	F	-0.01%
CE	F	-0.01%
APA	D	-0.01%
MOS	F	-0.01%
BSY	F	-0.01%
TTC	C	-0.01%
TME	D	-0.01%
WIT	B	-0.01%
ENPH	F	-0.01%
FBIN	D	-0.01%
DVA	C	-0.01%
WTRG	B	-0.01%
CRL	D	-0.01%
MGM	D	-0.01%
RPRX	D	-0.01%
NLY	C	-0.01%
ROKU	D	-0.01%
TFX	F	-0.01%
WYNN	C	-0.01%
HSIC	C	-0.01%
BGNE	D	-0.01%
AOS	F	-0.01%
AES	F	-0.01%
DAL	B	-0.01%
CNH	C	-0.01%
SOLV	D	-0.01%
FOXA	A	-0.01%
CHRD	D	-0.01%
ALLY	C	-0.01%
LKQ	F	-0.01%
EXAS	D	-0.01%
SEIC	B	-0.01%
TECH	F	-0.01%
DAY	B	-0.01%
LW	C	-0.01%
MKTX	D	-0.01%
IOT	A	-0.01%
PAYC	B	-0.01%
IPG	D	-0.01%
CTLT	C	-0.01%
CCK	D	-0.01%
SNAP	D	-0.01%
SJM	D	-0.01%
NWSA	A	-0.01%
EMN	C	-0.01%
TAP	C	-0.01%
BXP	C	-0.01%
CG	B	-0.01%
OVV	B	-0.01%
MNSO	D	-0.0%