USMV vs. IWD ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to iShares Russell 1000 Value ETF (IWD)

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

$91.82

Average Daily Volume

2,213,728

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

IWD

iShares Russell 1000 Value ETF

IWD Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 1000 Value Index (the "underlying index"), which measures the performance of large- and mid-capitalization value sectors of the U.S. equity market. It is a subset of the Russell 1000Â® Index, which measures the performance of the large-capitalization sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$187.62

Average Daily Volume

1,598,882

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	IWD
30 Days	3.30%	2.90%
60 Days	6.35%	3.63%
90 Days	9.73%	7.60%
12 Months	25.01%	20.95%

7 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in IWD	Overlap
BRK.A	C	1.0%	3.48%	1.0%
CVX	D	1.0%	1.02%	1.0%
JNJ	B	1.0%	1.6%	1.0%
PG	A	1.0%	1.26%	1.0%
UNH	C	1.0%	2.02%	1.0%
WMT	B	1.0%	1.34%	1.0%
XOM	D	1.0%	2.12%	1.0%

USMV Overweight 163 Positions Relative to IWD

Symbol	Grade	Weight
CRM	D	1.0%
ULTA	D	1.0%
VLO	F	1.0%
CVS	D	1.0%
BR	B	1.0%
ATO	A	1.0%
PSX	F	1.0%
GD	B	1.0%
KNX	C	1.0%
OTIS	C	1.0%
TEL	D	1.0%
FSLR	D	1.0%
ADP	A	1.0%
RTX	C	1.0%
ABT	B	1.0%
DELL	D	1.0%
LNT	A	1.0%
DGX	B	1.0%
KO	B	1.0%
AMZN	C	1.0%
HIG	B	1.0%
OXY	F	1.0%
UTHR	C	1.0%
CRWD	D	1.0%
GOOG	D	1.0%
MDT	B	1.0%
CDNS	D	1.0%
EOG	D	1.0%
SNPS	D	1.0%
STX	D	1.0%
TW	A	1.0%
LIN	B	1.0%
HOLX	B	1.0%
PKG	B	1.0%
DPZ	D	1.0%
HUBS	D	1.0%
MELI	B	1.0%
CMS	A	1.0%
DTE	A	1.0%
NTAP	D	1.0%
MOH	C	1.0%
AZPN	C	1.0%
HON	D	1.0%
AEE	A	1.0%
HRL	C	1.0%
D	B	1.0%
CI	B	1.0%
KMB	C	1.0%
ALNY	C	1.0%
WMB	A	1.0%
ADI	D	1.0%
PFE	C	1.0%
ANET	C	1.0%
HD	B	1.0%
L	C	1.0%
GLW	C	1.0%
AIZ	C	1.0%
GRMN	D	1.0%
ICE	B	1.0%
FWONK	C	1.0%
WRB	C	1.0%
BMRN	F	1.0%
GEN	B	1.0%
MKL	C	1.0%
IT	B	1.0%
NBIX	D	1.0%
AFG	B	1.0%
HSY	B	1.0%
WTW	B	1.0%
CTVA	B	1.0%
ROL	B	1.0%
CMCSA	D	1.0%
CHD	B	1.0%
CPB	B	1.0%
VRSK	D	1.0%
BMY	C	1.0%
AEP	A	1.0%
XEL	B	1.0%
WDAY	D	1.0%
BAH	B	1.0%
CDW	D	1.0%
TJX	B	1.0%
AKAM	D	1.0%
KHC	C	1.0%
UBER	C	1.0%
FICO	A	1.0%
EG	B	1.0%
PTC	D	1.0%
INCY	C	1.0%
FFIV	A	1.0%
NVDA	D	1.0%
CL	C	1.0%
AON	B	1.0%
JNPR	B	1.0%
ERIE	B	1.0%
YUM	B	1.0%
CME	B	1.0%
TDY	B	1.0%
KEYS	C	1.0%
HUM	F	1.0%
MDLZ	B	1.0%
NEM	B	1.0%
KR	B	1.0%
FI	B	1.0%
FANG	F	1.0%
MPC	F	1.0%
BDX	D	1.0%
NOW	B	1.0%
ORLY	B	1.0%
MA	A	1.0%
VRSN	D	1.0%
COR	B	1.0%
AMGN	B	1.0%
T	A	1.0%
KDP	B	1.0%
ELV	B	1.0%
VRTX	C	1.0%
WEC	B	1.0%
TSN	C	1.0%
CTSH	B	1.0%
FCNCA	D	1.0%
EA	C	1.0%
ACGL	A	1.0%
GIS	B	1.0%
GDDY	D	1.0%
K	A	1.0%
V	A	1.0%
GILD	B	1.0%
CBOE	B	1.0%
LMT	B	1.0%
REGN	C	1.0%
AAPL	D	1.0%
AZO	C	1.0%
ORCL	B	1.0%
AVGO	C	1.0%
TRV	A	1.0%
MCK	F	1.0%
MMC	A	1.0%
PEP	B	1.0%
ED	B	1.0%
ABBV	B	1.0%
APH	D	1.0%
ACN	C	1.0%
MRK	D	1.0%
MCD	B	1.0%
CSCO	C	1.0%
AJG	A	1.0%
MSFT	C	1.0%
ROP	B	1.0%
VZ	A	1.0%
WM	D	1.0%
SO	A	1.0%
TXN	D	1.0%
CB	B	1.0%
RSG	B	1.0%
NOC	B	1.0%
WCN	B	1.0%
DUK	B	1.0%
LLY	C	1.0%
IBM	A	1.0%
MSI	B	1.0%
TMUS	A	1.0%
PGR	B	1.0%

USMV Underweight 3 Positions Relative to IWD

Symbol	Grade	Weight
JPM	D	-2.58%
BAC	D	-1.11%
TMO	B	-0.94%