USMV vs. GSPY ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Gotham Enhanced 500 ETF (GSPY)

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

GSPY

Gotham Enhanced 500 ETF

GSPY Description

The investment seeks long-term capital appreciation. The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the S&P 500® Index. It is not a passive index fund, but instead utilizes an enhanced strategy implemented by the fund's investment sub-adviser to invest in the securities in the index and weight those securities based on the Sub-Adviser's assessment of value and each security's weight in the ndex.

Grade (RS Rating)

Last Trade

$32.67

Average Daily Volume

44,418

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	USMV	GSPY
30 Days	1.70%	2.91%
60 Days	2.42%	4.43%
90 Days	4.02%	6.24%
12 Months	25.63%	30.89%

152 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in GSPY	Overlap
AAPL	C	0.99%	6.45%	0.99%
ABBV	D	1.04%	0.2%	0.2%
ABT	B	0.09%	0.38%	0.09%
ACGL	D	0.68%	0.02%	0.02%
ACN	C	1.29%	0.15%	0.15%
ADI	D	0.23%	0.07%	0.07%
ADP	B	0.09%	0.12%	0.09%
AEE	A	0.24%	0.02%	0.02%
AEP	D	0.39%	0.03%	0.03%
AIZ	A	0.32%	0.01%	0.01%
AJG	B	1.27%	0.04%	0.04%
AKAM	D	0.39%	0.01%	0.01%
AMGN	D	0.59%	0.1%	0.1%
AMZN	C	0.14%	4.81%	0.14%
ANET	C	0.29%	0.07%	0.07%
AON	A	0.53%	0.38%	0.38%
APH	A	1.44%	0.06%	0.06%
ATO	A	0.06%	0.01%	0.01%
AVGO	D	1.19%	1.09%	1.09%
AZO	C	0.98%	0.03%	0.03%
BDX	F	0.56%	0.04%	0.04%
BMY	B	0.49%	0.08%	0.08%
BR	A	0.05%	0.09%	0.05%
BRK.A	B	1.55%	1.88%	1.55%
CB	C	1.47%	0.17%	0.17%
CBOE	B	0.85%	0.01%	0.01%
CDNS	B	0.18%	0.05%	0.05%
CDW	F	0.35%	0.01%	0.01%
CHD	B	0.4%	0.02%	0.02%
CI	F	0.21%	0.5%	0.21%
CL	D	0.41%	0.35%	0.35%
CMCSA	B	0.39%	0.31%	0.31%
CME	A	0.53%	0.09%	0.09%
CMS	C	0.19%	0.01%	0.01%
COR	B	0.67%	0.22%	0.22%
CPB	D	0.33%	0.01%	0.01%
CRM	B	0.05%	0.21%	0.05%
CRWD	B	0.19%	0.05%	0.05%
CSCO	B	1.47%	0.7%	0.7%
CTSH	B	0.76%	0.08%	0.08%
CTVA	C	0.38%	0.03%	0.03%
CVS	D	0.04%	0.32%	0.04%
CVX	A	0.34%	0.66%	0.34%
D	C	0.23%	0.22%	0.22%
DELL	C	0.12%	0.44%	0.12%
DGX	A	0.11%	0.01%	0.01%
DPZ	C	0.19%	0.01%	0.01%
DTE	C	0.2%	0.02%	0.02%
DUK	C	1.49%	0.06%	0.06%
EA	A	0.89%	0.08%	0.08%
ED	D	1.13%	0.02%	0.02%
EG	C	0.43%	0.01%	0.01%
ELV	F	0.52%	0.44%	0.44%
EOG	A	0.17%	0.05%	0.05%
ERIE	D	0.42%	0.01%	0.01%
FANG	D	0.55%	0.03%	0.03%
FFIV	B	0.55%	0.08%	0.08%
FI	A	0.69%	0.67%	0.67%
FICO	B	0.59%	0.03%	0.03%
FSLR	F	0.06%	0.01%	0.01%
GD	F	0.05%	0.38%	0.05%
GDDY	A	1.0%	0.02%	0.02%
GEN	B	0.35%	0.1%	0.1%
GILD	C	0.94%	0.61%	0.61%
GIS	D	0.66%	0.02%	0.02%
GLW	B	0.31%	0.02%	0.02%
GRMN	B	0.33%	0.22%	0.22%
HD	A	0.3%	0.71%	0.3%
HIG	B	0.12%	0.13%	0.12%
HOLX	D	0.16%	0.08%	0.08%
HON	B	0.25%	0.55%	0.25%
HRL	D	0.21%	0.01%	0.01%
HSY	F	0.3%	0.02%	0.02%
HUM	C	0.4%	0.16%	0.16%
IBM	C	1.66%	0.12%	0.12%
ICE	C	0.28%	0.39%	0.28%
INCY	C	0.53%	0.03%	0.03%
IT	C	0.35%	0.02%	0.02%
JNJ	D	1.18%	1.06%	1.06%
JNPR	F	0.45%	0.01%	0.01%
K	A	0.8%	0.03%	0.03%
KDP	D	0.59%	0.21%	0.21%
KEYS	A	0.55%	0.01%	0.01%
KHC	F	0.38%	0.21%	0.21%
KMB	D	0.21%	0.25%	0.21%
KO	D	0.1%	0.35%	0.1%
KR	B	0.61%	0.22%	0.22%
L	A	0.28%	0.08%	0.08%
LIN	D	0.16%	0.14%	0.14%
LLY	F	1.25%	0.45%	0.45%
LMT	D	0.82%	0.46%	0.46%
LNT	A	0.1%	0.01%	0.01%
MA	C	0.7%	0.88%	0.7%
MCD	D	1.25%	0.14%	0.14%
MCK	B	1.35%	0.05%	0.05%
MDLZ	F	0.44%	0.36%	0.36%
MDT	D	0.13%	0.07%	0.07%
MMC	B	1.11%	0.51%	0.51%
MOH	F	0.18%	0.08%	0.08%
MPC	D	0.54%	0.03%	0.03%
MRK	F	1.01%	1.11%	1.01%
MSFT	F	1.34%	7.1%	1.34%
MSI	B	1.81%	0.05%	0.05%
NEM	D	0.46%	0.03%	0.03%
NOC	D	1.43%	0.14%	0.14%
NOW	A	0.75%	0.12%	0.12%
NTAP	C	0.22%	0.13%	0.13%
NVDA	C	0.67%	6.42%	0.67%
ORCL	B	1.31%	0.33%	0.33%
ORLY	B	0.68%	0.04%	0.04%
OTIS	C	0.07%	0.19%	0.07%
OXY	D	0.12%	0.03%	0.03%
PEP	F	1.01%	0.3%	0.3%
PFE	D	0.2%	0.1%	0.1%
PG	A	1.23%	0.43%	0.43%
PGR	A	1.67%	0.1%	0.1%
PKG	A	0.2%	0.01%	0.01%
PSX	C	0.06%	0.04%	0.04%
PTC	A	0.52%	0.01%	0.01%
REGN	F	0.59%	0.05%	0.05%
ROL	B	0.36%	0.02%	0.02%
ROP	B	1.3%	0.11%	0.11%
RSG	A	1.55%	0.04%	0.04%
RTX	C	0.09%	0.1%	0.09%
SNPS	B	0.18%	0.05%	0.05%
SO	D	1.35%	0.06%	0.06%
STX	D	0.16%	0.01%	0.01%
T	A	0.74%	0.47%	0.47%
TDY	B	0.57%	0.01%	0.01%
TJX	A	0.45%	0.23%	0.23%
TMUS	B	1.95%	1.28%	1.28%
TRV	B	1.15%	0.25%	0.25%
TSN	B	0.71%	0.11%	0.11%
TXN	C	1.39%	0.12%	0.12%
UBER	D	0.45%	0.09%	0.09%
ULTA	F	0.04%	0.01%	0.01%
UNH	C	1.34%	0.61%	0.61%
V	A	0.9%	1.48%	0.9%
VLO	C	0.05%	0.21%	0.05%
VRSK	A	0.42%	0.02%	0.02%
VRSN	F	0.64%	0.1%	0.1%
VRTX	F	0.69%	0.08%	0.08%
VZ	C	1.35%	0.65%	0.65%
WEC	A	0.78%	0.02%	0.02%
WM	A	1.44%	0.06%	0.06%
WMB	A	0.31%	0.04%	0.04%
WMT	A	1.78%	0.44%	0.44%
WRB	A	0.31%	0.01%	0.01%
WTW	B	0.38%	0.02%	0.02%
XEL	A	0.46%	0.03%	0.03%
XOM	B	0.45%	0.89%	0.45%
YUM	B	0.5%	0.18%	0.18%

USMV Overweight 18 Positions Relative to GSPY

Symbol	Grade	Weight
WCN	A	1.56%
FCNCA	A	0.88%
WDAY	B	0.43%
BAH	F	0.39%
AFG	A	0.35%
MKL	A	0.34%
NBIX	C	0.32%
FWONK	B	0.31%
HUBS	A	0.24%
AZPN	A	0.23%
ALNY	D	0.22%
BMRN	D	0.22%
TW	A	0.2%
MELI	D	0.18%
GOOG	C	0.16%
UTHR	C	0.14%
TEL	B	0.07%
KNX	B	0.06%

USMV Underweight 345 Positions Relative to GSPY

Symbol	Grade	Weight
GOOGL	C	-4.43%
META	D	-3.27%
JPM	A	-1.44%
PM	B	-1.04%
TSLA	B	-1.02%
GE	D	-1.01%
CAT	B	-0.99%
QCOM	F	-0.97%
LOW	D	-0.81%
BKNG	A	-0.77%
AMAT	F	-0.71%
BAC	A	-0.66%
DIS	B	-0.61%
MO	A	-0.53%
WFC	A	-0.46%
LRCX	F	-0.46%
AXP	A	-0.44%
TT	A	-0.43%
HCA	F	-0.42%
GS	A	-0.41%
MS	A	-0.4%
KLAC	D	-0.4%
PYPL	B	-0.4%
MMM	D	-0.38%
EMR	A	-0.35%
ITW	B	-0.35%
DHR	F	-0.33%
NKE	D	-0.33%
TGT	F	-0.33%
BLK	C	-0.33%
FDX	B	-0.33%
MAR	B	-0.32%
CSX	B	-0.32%
UNP	C	-0.32%
CEG	D	-0.32%
GM	B	-0.32%
SLB	C	-0.29%
KKR	A	-0.28%
JCI	C	-0.27%
CMI	A	-0.27%
COST	B	-0.26%
BX	A	-0.25%
ROST	C	-0.25%
C	A	-0.24%
SCHW	B	-0.23%
NFLX	A	-0.23%
DAL	C	-0.22%
LULU	C	-0.22%
MU	D	-0.21%
STZ	D	-0.21%
PRU	A	-0.21%
HPQ	B	-0.2%
BKR	B	-0.2%
MET	A	-0.19%
LHX	C	-0.19%
WAB	B	-0.18%
EBAY	D	-0.17%
SYY	B	-0.17%
LVS	C	-0.16%
DD	D	-0.16%
DOV	A	-0.15%
USB	A	-0.15%
ADBE	C	-0.15%
PNC	B	-0.15%
AMD	F	-0.14%
CNC	D	-0.14%
NDAQ	A	-0.14%
CPAY	A	-0.14%
LYB	F	-0.13%
LDOS	C	-0.13%
COF	B	-0.13%
HPE	B	-0.13%
TMO	F	-0.13%
PPG	F	-0.13%
TFC	A	-0.12%
BLDR	D	-0.12%
INTU	C	-0.12%
HAL	C	-0.12%
NRG	B	-0.11%
BRO	B	-0.11%
CHTR	C	-0.11%
BK	A	-0.11%
CINF	A	-0.11%
EXPE	B	-0.11%
OKE	A	-0.11%
BIIB	F	-0.11%
ISRG	A	-0.11%
OMC	C	-0.11%
NEE	D	-0.1%
SNA	A	-0.1%
BALL	D	-0.1%
AMP	A	-0.1%
SPGI	C	-0.1%
FOXA	B	-0.1%
BBY	D	-0.1%
COP	C	-0.09%
SYK	C	-0.09%
LEN	D	-0.09%
PLTR	B	-0.09%
IP	B	-0.09%
ETN	A	-0.09%
ZBRA	B	-0.09%
URI	B	-0.09%
PANW	C	-0.08%
DG	F	-0.08%
DFS	B	-0.08%
MAS	D	-0.08%
PNR	A	-0.08%
J	F	-0.08%
BSX	B	-0.08%
JBL	B	-0.08%
PCG	A	-0.08%
VTRS	A	-0.07%
PLD	D	-0.07%
UHS	D	-0.07%
RL	B	-0.07%
DE	A	-0.07%
INTC	D	-0.07%
TAP	C	-0.07%
GWW	B	-0.07%
TPR	B	-0.07%
UPS	C	-0.07%
SBUX	A	-0.07%
AVY	D	-0.07%
EMN	D	-0.06%
ANSS	B	-0.06%
BA	F	-0.06%
ALLE	D	-0.06%
GEV	B	-0.06%
PH	A	-0.06%
AMT	D	-0.06%
APTV	D	-0.06%
TTWO	A	-0.06%
FITB	A	-0.06%
SWK	D	-0.06%
TROW	B	-0.06%
DVA	B	-0.06%
BEN	C	-0.06%
SHW	A	-0.06%
MTB	A	-0.06%
EQIX	A	-0.05%
SW	A	-0.05%
SYF	B	-0.05%
SMCI	F	-0.05%
CTAS	B	-0.05%
MCO	B	-0.05%
ZTS	D	-0.05%
STT	A	-0.05%
IPG	D	-0.05%
CMG	B	-0.05%
AFL	B	-0.05%
WELL	A	-0.05%
LKQ	D	-0.05%
SOLV	C	-0.05%
ABNB	C	-0.05%
KMX	B	-0.04%
CPRT	A	-0.04%
NXPI	D	-0.04%
SRE	A	-0.04%
BWA	D	-0.04%
MTCH	D	-0.04%
MNST	C	-0.04%
SPG	B	-0.04%
CE	F	-0.04%
PCAR	B	-0.04%
RCL	A	-0.04%
NSC	B	-0.04%
KMI	A	-0.04%
CFG	B	-0.04%
CZR	F	-0.04%
WBA	F	-0.04%
FCX	D	-0.04%
HLT	A	-0.04%
NTRS	A	-0.04%
TDG	D	-0.04%
MHK	D	-0.04%
ADSK	A	-0.04%
CARR	D	-0.04%
ECL	D	-0.04%
FTNT	C	-0.04%
APD	A	-0.04%
EW	C	-0.03%
MSCI	C	-0.03%
RJF	A	-0.03%
IR	B	-0.03%
HES	B	-0.03%
TRGP	B	-0.03%
PEG	A	-0.03%
PWR	A	-0.03%
F	C	-0.03%
CCI	D	-0.03%
VST	B	-0.03%
AME	A	-0.03%
KVUE	A	-0.03%
HWM	A	-0.03%
ODFL	B	-0.03%
FAST	B	-0.03%
PAYX	C	-0.03%
DHI	D	-0.03%
AIG	B	-0.03%
O	D	-0.03%
VLTO	D	-0.03%
PSA	D	-0.03%
FMC	D	-0.03%
FIS	C	-0.03%
ALL	A	-0.03%
QRVO	F	-0.03%
KEY	B	-0.03%
WDC	D	-0.03%
DLR	B	-0.03%
FE	C	-0.02%
MPWR	F	-0.02%
PPL	B	-0.02%
DVN	F	-0.02%
DECK	A	-0.02%
TSCO	D	-0.02%
WBD	C	-0.02%
FTV	C	-0.02%
DXCM	D	-0.02%
VTR	C	-0.02%
PHM	D	-0.02%
ROK	B	-0.02%
UAL	A	-0.02%
AVB	B	-0.02%
EFX	F	-0.02%
ADM	D	-0.02%
EQR	B	-0.02%
ON	D	-0.02%
VICI	C	-0.02%
XYL	D	-0.02%
CAH	B	-0.02%
IDXX	F	-0.02%
GPN	B	-0.02%
NVR	D	-0.02%
LYV	A	-0.02%
DOW	F	-0.02%
HBAN	A	-0.02%
IQV	D	-0.02%
IRM	D	-0.02%
RF	A	-0.02%
CSGP	D	-0.02%
CCL	B	-0.02%
EIX	B	-0.02%
ETR	B	-0.02%
MLM	B	-0.02%
RMD	C	-0.02%
VMC	B	-0.02%
MCHP	D	-0.02%
NUE	C	-0.02%
EXR	D	-0.02%
MRO	B	-0.02%
AXON	A	-0.02%
A	D	-0.02%
CBRE	B	-0.02%
GEHC	F	-0.02%
EXC	C	-0.02%
CTLT	B	-0.01%
BBWI	D	-0.01%
FRT	B	-0.01%
MOS	F	-0.01%
HAS	D	-0.01%
GL	B	-0.01%
LW	C	-0.01%
ALB	C	-0.01%
AOS	F	-0.01%
AES	F	-0.01%
TECH	D	-0.01%
SJM	D	-0.01%
GNRC	B	-0.01%
CPT	B	-0.01%
WYNN	D	-0.01%
DAY	B	-0.01%
BXP	D	-0.01%
JKHY	D	-0.01%
PAYC	B	-0.01%
BG	F	-0.01%
REG	B	-0.01%
MGM	D	-0.01%
HST	C	-0.01%
CHRW	C	-0.01%
POOL	C	-0.01%
RVTY	F	-0.01%
NCLH	B	-0.01%
CAG	D	-0.01%
NDSN	B	-0.01%
EXPD	D	-0.01%
UDR	B	-0.01%
EPAM	C	-0.01%
DOC	D	-0.01%
DLTR	F	-0.01%
ALGN	D	-0.01%
PODD	C	-0.01%
TER	D	-0.01%
EVRG	A	-0.01%
IEX	B	-0.01%
AMCR	D	-0.01%
GPC	D	-0.01%
MRNA	F	-0.01%
SWKS	F	-0.01%
BAX	D	-0.01%
MAA	B	-0.01%
JBHT	C	-0.01%
FDS	B	-0.01%
CF	B	-0.01%
KIM	A	-0.01%
EQT	B	-0.01%
NI	A	-0.01%
ESS	B	-0.01%
TXT	D	-0.01%
ARE	D	-0.01%
NWSA	B	-0.01%
STLD	B	-0.01%
LH	C	-0.01%
TRMB	B	-0.01%
DRI	B	-0.01%
STE	F	-0.01%
WAT	B	-0.01%
CNP	B	-0.01%
MKC	D	-0.01%
ES	D	-0.01%
LUV	C	-0.01%
PFG	D	-0.01%
WST	C	-0.01%
CLX	B	-0.01%
CTRA	B	-0.01%
INVH	D	-0.01%
AWK	D	-0.01%
TYL	B	-0.01%
SBAC	D	-0.01%
EL	F	-0.01%
HUBB	B	-0.01%
MTD	D	-0.01%
WY	D	-0.01%
IVZ	B	-0.01%
ZBH	C	-0.01%
IFF	D	-0.01%
TFX	F	-0.0%
APA	D	-0.0%
ENPH	F	-0.0%
CRL	C	-0.0%
HII	D	-0.0%
MKTX	D	-0.0%
PNW	B	-0.0%
PARA	C	-0.0%
HSIC	B	-0.0%