USMV vs. FDVV ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Fidelity Core Dividend ETF (FDVV)

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

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

FDVV

Fidelity Core Dividend ETF

FDVV Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Core Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity Core Dividend Index and in depository receipts representing securities included in the index. The Fidelity Core Dividend Index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends.

Grade (RS Rating)

Last Trade

$52.35

Average Daily Volume

441,792

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	FDVV
30 Days	1.70%	2.09%
60 Days	2.42%	4.08%
90 Days	4.02%	5.58%
12 Months	25.63%	34.54%

37 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in FDVV	Overlap
AAPL	C	0.99%	5.54%	0.99%
ABBV	D	1.04%	0.62%	0.62%
AEP	D	0.39%	1.34%	0.39%
AMGN	D	0.59%	0.46%	0.46%
AVGO	D	1.19%	1.96%	1.19%
BMY	B	0.49%	0.53%	0.49%
CMCSA	B	0.39%	0.15%	0.15%
CME	A	0.53%	0.4%	0.4%
CSCO	B	1.47%	1.1%	1.1%
CVS	D	0.04%	0.33%	0.04%
CVX	A	0.34%	1.55%	0.34%
D	C	0.23%	1.36%	0.23%
DELL	C	0.12%	1.08%	0.12%
DUK	C	1.49%	1.34%	1.34%
EA	A	0.89%	0.12%	0.12%
EOG	A	0.17%	1.26%	0.17%
GILD	C	0.94%	0.52%	0.52%
HD	A	0.3%	0.49%	0.3%
HON	B	0.25%	1.39%	0.25%
IBM	C	1.66%	1.01%	1.01%
JNJ	D	1.18%	0.69%	0.69%
LMT	D	0.82%	1.41%	0.82%
MCD	D	1.25%	0.33%	0.33%
MSFT	F	1.34%	5.13%	1.34%
NVDA	C	0.67%	6.56%	0.67%
PEP	F	1.01%	1.5%	1.01%
PFE	D	0.2%	0.46%	0.2%
PG	A	1.23%	2.01%	1.23%
RTX	C	0.09%	1.55%	0.09%
SO	D	1.35%	1.46%	1.35%
T	A	0.74%	0.18%	0.18%
TJX	A	0.45%	0.33%	0.33%
TXN	C	1.39%	1.11%	1.11%
UNH	C	1.34%	0.91%	0.91%
V	A	0.9%	0.79%	0.79%
VZ	C	1.35%	0.16%	0.16%
XOM	B	0.45%	1.98%	0.45%

USMV Overweight 133 Positions Relative to FDVV

Symbol	Grade	Weight
TMUS	B	1.95%
MSI	B	1.81%
WMT	A	1.78%
PGR	A	1.67%
WCN	A	1.56%
RSG	A	1.55%
BRK.A	B	1.55%
CB	C	1.47%
APH	A	1.44%
WM	A	1.44%
NOC	D	1.43%
MCK	B	1.35%
ORCL	B	1.31%
ROP	B	1.3%
ACN	C	1.29%
AJG	B	1.27%
LLY	F	1.25%
TRV	B	1.15%
ED	D	1.13%
MMC	B	1.11%
MRK	F	1.01%
GDDY	A	1.0%
AZO	C	0.98%
FCNCA	A	0.88%
CBOE	B	0.85%
K	A	0.8%
WEC	A	0.78%
CTSH	B	0.76%
NOW	A	0.75%
TSN	B	0.71%
MA	C	0.7%
VRTX	F	0.69%
FI	A	0.69%
ORLY	B	0.68%
ACGL	D	0.68%
COR	B	0.67%
GIS	D	0.66%
VRSN	F	0.64%
KR	B	0.61%
FICO	B	0.59%
REGN	F	0.59%
KDP	D	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FANG	D	0.55%
FFIV	B	0.55%
MPC	D	0.54%
INCY	C	0.53%
AON	A	0.53%
PTC	A	0.52%
ELV	F	0.52%
YUM	B	0.5%
XEL	A	0.46%
NEM	D	0.46%
UBER	D	0.45%
JNPR	F	0.45%
MDLZ	F	0.44%
WDAY	B	0.43%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
CL	D	0.41%
CHD	B	0.4%
HUM	C	0.4%
BAH	F	0.39%
AKAM	D	0.39%
KHC	F	0.38%
WTW	B	0.38%
CTVA	C	0.38%
ROL	B	0.36%
IT	C	0.35%
AFG	A	0.35%
GEN	B	0.35%
CDW	F	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%
HSY	F	0.3%
ANET	C	0.29%
ICE	C	0.28%
L	A	0.28%
AEE	A	0.24%
HUBS	A	0.24%
ADI	D	0.23%
AZPN	A	0.23%
ALNY	D	0.22%
NTAP	C	0.22%
BMRN	D	0.22%
HRL	D	0.21%
CI	F	0.21%
KMB	D	0.21%
TW	A	0.2%
DTE	C	0.2%
PKG	A	0.2%
DPZ	C	0.19%
CRWD	B	0.19%
CMS	C	0.19%
CDNS	B	0.18%
MELI	D	0.18%
MOH	F	0.18%
SNPS	B	0.18%
HOLX	D	0.16%
LIN	D	0.16%
STX	D	0.16%
GOOG	C	0.16%
UTHR	C	0.14%
AMZN	C	0.14%
MDT	D	0.13%
HIG	B	0.12%
OXY	D	0.12%
DGX	A	0.11%
KO	D	0.1%
LNT	A	0.1%
ADP	B	0.09%
ABT	B	0.09%
OTIS	C	0.07%
TEL	B	0.07%
ATO	A	0.06%
PSX	C	0.06%
FSLR	F	0.06%
KNX	B	0.06%
VLO	C	0.05%
BR	A	0.05%
CRM	B	0.05%
GD	F	0.05%
ULTA	F	0.04%

USMV Underweight 55 Positions Relative to FDVV

Symbol	Grade	Weight
TRGP	B	-2.21%
PM	B	-2.01%
MO	A	-1.78%
NEE	D	-1.61%
GE	D	-1.61%
KMI	A	-1.6%
CAT	B	-1.56%
EIX	B	-1.32%
SPG	B	-1.22%
COP	C	-1.19%
ES	D	-1.18%
OHI	C	-1.18%
UNP	C	-1.17%
PCAR	B	-1.16%
PSA	D	-1.1%
JPM	A	-1.08%
UPS	C	-1.08%
ACI	C	-1.06%
QCOM	F	-1.02%
PLD	D	-0.94%
GLPI	C	-0.93%
VICI	C	-0.93%
DVN	F	-0.91%
HPQ	B	-0.9%
CCI	D	-0.88%
WY	D	-0.83%
WPC	D	-0.78%
GEV	B	-0.75%
BAC	A	-0.71%
WFC	A	-0.7%
GS	A	-0.63%
MS	A	-0.61%
BX	A	-0.55%
PNC	B	-0.49%
C	A	-0.48%
WBA	F	-0.44%
USB	A	-0.43%
TFC	A	-0.43%
LOW	D	-0.34%
GM	B	-0.33%
SBUX	A	-0.28%
MAR	B	-0.27%
DKS	C	-0.26%
BBY	D	-0.25%
NKE	D	-0.21%
F	C	-0.2%
FOXA	B	-0.14%
TKO	B	-0.13%
OMC	C	-0.11%
NWSA	B	-0.11%
NYT	C	-0.1%
WMG	C	-0.09%
NXST	C	-0.09%
IPG	D	-0.08%
PARA	C	-0.07%