USMV vs. CCMG ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to CCM Global Equity ETF (CCMG)

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

$93.78

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

CCMG

CCM Global Equity ETF

CCMG Description

Under normal circumstances, the fund will invest at least 80% of the fund"s net assets (plus the amount of any borrowings for investment purposes) in equity securities. The fund defines "equity securities" to include U.S. listed common and preferred stock, depositary receipts (e.g., American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")), and ETFs that provide broad exposure to domestic and international equity securities of companies across all market capitalizations, as well as real estate securities.

Grade (RS Rating)

Last Trade

$28.95

Average Daily Volume

31,667

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	USMV	CCMG
30 Days	1.70%	0.56%
60 Days	2.42%	-0.22%
90 Days	4.02%	0.63%
12 Months	25.63%

56 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in CCMG	Overlap
AAPL	C	0.99%	2.62%	0.99%
ABBV	D	1.04%	0.41%	0.41%
ADI	D	0.23%	0.37%	0.23%
ADP	B	0.09%	0.41%	0.09%
AMGN	D	0.59%	0.59%	0.59%
AZO	C	0.98%	0.48%	0.48%
BMY	B	0.49%	0.63%	0.49%
CDW	F	0.35%	0.12%	0.12%
CI	F	0.21%	0.59%	0.21%
CL	D	0.41%	0.46%	0.41%
CMCSA	B	0.39%	0.63%	0.39%
CSCO	B	1.47%	0.75%	0.75%
CTSH	B	0.76%	0.35%	0.35%
CVX	A	0.34%	0.77%	0.34%
DGX	A	0.11%	0.17%	0.11%
DPZ	C	0.19%	0.07%	0.07%
ELV	F	0.52%	0.56%	0.52%
EOG	A	0.17%	0.63%	0.17%
FANG	D	0.55%	0.29%	0.29%
GDDY	A	1.0%	0.13%	0.13%
GEN	B	0.35%	0.09%	0.09%
GILD	C	0.94%	0.55%	0.55%
GIS	D	0.66%	0.32%	0.32%
HD	A	0.3%	0.87%	0.3%
HOLX	D	0.16%	0.08%	0.08%
HON	B	0.25%	0.67%	0.25%
HRL	D	0.21%	0.04%	0.04%
HSY	F	0.3%	0.14%	0.14%
JNJ	D	1.18%	0.81%	0.81%
JNPR	F	0.45%	0.06%	0.06%
KHC	F	0.38%	0.22%	0.22%
KMB	D	0.21%	0.35%	0.21%
KO	D	0.1%	0.48%	0.1%
KR	B	0.61%	0.22%	0.22%
LMT	D	0.82%	0.59%	0.59%
MCD	D	1.25%	0.47%	0.47%
MCK	B	1.35%	0.66%	0.66%
MDLZ	F	0.44%	0.53%	0.44%
MDT	D	0.13%	0.56%	0.13%
MPC	D	0.54%	0.6%	0.54%
MRK	F	1.01%	0.51%	0.51%
NEM	D	0.46%	0.28%	0.28%
NOC	D	1.43%	0.39%	0.39%
NTAP	C	0.22%	0.23%	0.22%
ORLY	B	0.68%	0.51%	0.51%
PEP	F	1.01%	0.44%	0.44%
PFE	D	0.2%	0.57%	0.2%
PG	A	1.23%	0.89%	0.89%
PSX	C	0.06%	0.59%	0.06%
T	A	0.74%	0.66%	0.66%
TSN	B	0.71%	0.12%	0.12%
ULTA	F	0.04%	0.17%	0.04%
VLO	C	0.05%	0.54%	0.05%
VRSN	F	0.64%	0.15%	0.15%
XOM	B	0.45%	1.02%	0.45%
YUM	B	0.5%	0.2%	0.2%

USMV Overweight 114 Positions Relative to CCMG

Symbol	Grade	Weight
TMUS	B	1.95%
MSI	B	1.81%
WMT	A	1.78%
PGR	A	1.67%
IBM	C	1.66%
WCN	A	1.56%
RSG	A	1.55%
BRK.A	B	1.55%
DUK	C	1.49%
CB	C	1.47%
APH	A	1.44%
WM	A	1.44%
TXN	C	1.39%
VZ	C	1.35%
SO	D	1.35%
MSFT	F	1.34%
UNH	C	1.34%
ORCL	B	1.31%
ROP	B	1.3%
ACN	C	1.29%
AJG	B	1.27%
LLY	F	1.25%
AVGO	D	1.19%
TRV	B	1.15%
ED	D	1.13%
MMC	B	1.11%
V	A	0.9%
EA	A	0.89%
FCNCA	A	0.88%
CBOE	B	0.85%
K	A	0.8%
WEC	A	0.78%
NOW	A	0.75%
MA	C	0.7%
VRTX	F	0.69%
FI	A	0.69%
ACGL	D	0.68%
COR	B	0.67%
NVDA	C	0.67%
FICO	B	0.59%
REGN	F	0.59%
KDP	D	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FFIV	B	0.55%
INCY	C	0.53%
AON	A	0.53%
CME	A	0.53%
PTC	A	0.52%
XEL	A	0.46%
UBER	D	0.45%
TJX	A	0.45%
WDAY	B	0.43%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
CHD	B	0.4%
HUM	C	0.4%
BAH	F	0.39%
AEP	D	0.39%
AKAM	D	0.39%
WTW	B	0.38%
CTVA	C	0.38%
ROL	B	0.36%
IT	C	0.35%
AFG	A	0.35%
MKL	A	0.34%
GRMN	B	0.33%
CPB	D	0.33%
AIZ	A	0.32%
NBIX	C	0.32%
WMB	A	0.31%
WRB	A	0.31%
GLW	B	0.31%
FWONK	B	0.31%
ANET	C	0.29%
ICE	C	0.28%
L	A	0.28%
AEE	A	0.24%
HUBS	A	0.24%
D	C	0.23%
AZPN	A	0.23%
ALNY	D	0.22%
BMRN	D	0.22%
TW	A	0.2%
DTE	C	0.2%
PKG	A	0.2%
CRWD	B	0.19%
CMS	C	0.19%
CDNS	B	0.18%
MELI	D	0.18%
MOH	F	0.18%
SNPS	B	0.18%
LIN	D	0.16%
STX	D	0.16%
GOOG	C	0.16%
UTHR	C	0.14%
AMZN	C	0.14%
DELL	C	0.12%
HIG	B	0.12%
OXY	D	0.12%
LNT	A	0.1%
RTX	C	0.09%
ABT	B	0.09%
OTIS	C	0.07%
TEL	B	0.07%
ATO	A	0.06%
FSLR	F	0.06%
KNX	B	0.06%
BR	A	0.05%
CRM	B	0.05%
GD	F	0.05%
CVS	D	0.04%

USMV Underweight 147 Positions Relative to CCMG

Symbol	Grade	Weight
AVUV	A	-10.57%
IDEV	D	-9.82%
AVRE	C	-4.95%
AVDV	C	-4.91%
AVES	D	-3.86%
PM	B	-0.68%
BKNG	A	-0.66%
LOW	D	-0.64%
UNP	C	-0.63%
MO	A	-0.59%
UPS	C	-0.58%
CSX	B	-0.57%
MMM	D	-0.56%
CAT	B	-0.55%
LRCX	F	-0.55%
HCA	F	-0.51%
ITW	B	-0.49%
TGT	F	-0.45%
HPQ	B	-0.43%
NUE	C	-0.41%
EMR	A	-0.39%
FIS	C	-0.39%
KMI	A	-0.38%
EBAY	D	-0.37%
LHX	C	-0.34%
CMI	A	-0.33%
DOW	F	-0.33%
NSC	B	-0.32%
CAH	B	-0.29%
BKR	B	-0.26%
LEN	D	-0.25%
JCI	C	-0.25%
LYB	F	-0.25%
GPN	B	-0.24%
STLD	B	-0.23%
BLDR	D	-0.23%
NVR	D	-0.22%
STZ	D	-0.22%
BBY	D	-0.22%
WSM	B	-0.21%
SYY	B	-0.21%
CPAY	A	-0.2%
ROST	C	-0.2%
PHM	D	-0.2%
IP	B	-0.19%
MRO	B	-0.18%
MAS	D	-0.17%
DRI	B	-0.17%
OMC	C	-0.17%
EXPD	D	-0.17%
CF	B	-0.16%
RS	B	-0.16%
CLX	B	-0.15%
TPR	B	-0.15%
SWKS	F	-0.15%
TXT	D	-0.15%
AMCR	D	-0.15%
CSL	C	-0.14%
LH	C	-0.14%
GPC	D	-0.14%
CHRW	C	-0.13%
EMN	D	-0.13%
FOXA	B	-0.12%
TOL	B	-0.12%
MTD	D	-0.12%
JBL	B	-0.12%
SNA	A	-0.11%
DKS	C	-0.11%
SJM	D	-0.1%
IPG	D	-0.1%
OC	A	-0.1%
DVA	B	-0.1%
QRVO	F	-0.1%
DOX	D	-0.1%
DDS	B	-0.09%
LOPE	B	-0.09%
MUSA	A	-0.09%
TER	D	-0.09%
HRB	D	-0.09%
SCI	B	-0.09%
UHS	D	-0.09%
AN	C	-0.08%
MGM	D	-0.08%
RL	B	-0.08%
TPX	B	-0.08%
FOX	A	-0.08%
PINC	B	-0.08%
AOS	F	-0.08%
BBWI	D	-0.08%
RHI	B	-0.08%
LPX	B	-0.08%
GNTX	C	-0.07%
AM	A	-0.07%
EEFT	B	-0.07%
COLM	B	-0.07%
ALSN	B	-0.07%
KSS	F	-0.07%
DXC	B	-0.07%
CRI	D	-0.07%
CAG	D	-0.07%
MAN	D	-0.07%
ACM	A	-0.07%
OLN	D	-0.07%
ARW	D	-0.07%
CLF	F	-0.06%
DBX	B	-0.06%
DLB	B	-0.06%
CROX	D	-0.06%
LSTR	D	-0.06%
FBIN	D	-0.06%
HUN	F	-0.06%
AYI	B	-0.06%
EXP	A	-0.06%
TNL	A	-0.06%
BC	C	-0.06%
M	D	-0.06%
NXST	C	-0.06%
PVH	C	-0.06%
WEN	D	-0.05%
FLO	D	-0.05%
FMC	D	-0.05%
G	B	-0.05%
NEU	C	-0.05%
NWL	B	-0.05%
ALLE	D	-0.05%
SMG	D	-0.04%
VFC	C	-0.04%
TTC	D	-0.04%
AGCO	D	-0.04%
RH	B	-0.04%
SAIC	F	-0.04%
SCCO	F	-0.04%
POST	C	-0.04%
CE	F	-0.04%
LEN	D	-0.04%
MHK	D	-0.04%
PAG	B	-0.04%
INGR	B	-0.04%
WH	B	-0.04%
BYD	C	-0.04%
LECO	B	-0.04%
SEE	C	-0.03%
HOG	D	-0.03%
CHH	A	-0.03%
SON	D	-0.03%
SPB	C	-0.03%
ASH	D	-0.02%