USMV vs. LGLV ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV)

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

LGLV

SPDR SSGA US Large Cap Low Volatility Index ETF

LGLV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Large Cap Low Volatility Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. large capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$175.44

Average Daily Volume

18,622

Number of Holdings ^*

161

* may have additional holdings in another (foreign) market

Performance

Period	USMV	LGLV
30 Days	1.70%	2.50%
60 Days	2.42%	3.84%
90 Days	4.02%	6.74%
12 Months	25.63%	27.62%

77 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in LGLV	Overlap
ABT	B	0.09%	0.64%	0.09%
ACN	C	1.29%	0.43%	0.43%
ADP	B	0.09%	0.74%	0.09%
AEE	A	0.24%	0.88%	0.24%
AIZ	A	0.32%	0.41%	0.32%
AJG	B	1.27%	0.84%	0.84%
AKAM	D	0.39%	0.36%	0.36%
AON	A	0.53%	0.7%	0.53%
AZO	C	0.98%	0.48%	0.48%
BAH	F	0.39%	0.66%	0.39%
BDX	F	0.56%	0.7%	0.56%
BMY	B	0.49%	0.78%	0.49%
BR	A	0.05%	0.55%	0.05%
BRK.A	B	1.55%	0.95%	0.95%
CB	C	1.47%	0.72%	0.72%
CL	D	0.41%	1.26%	0.41%
CMCSA	B	0.39%	0.45%	0.39%
CME	A	0.53%	0.83%	0.53%
CMS	C	0.19%	0.72%	0.19%
COR	B	0.67%	0.73%	0.67%
CSCO	B	1.47%	0.52%	0.52%
CVX	A	0.34%	0.33%	0.33%
DTE	C	0.2%	0.91%	0.2%
DUK	C	1.49%	1.09%	1.09%
EA	A	0.89%	0.7%	0.7%
ED	D	1.13%	0.93%	0.93%
FI	A	0.69%	0.75%	0.69%
GD	F	0.05%	0.68%	0.05%
GIS	D	0.66%	1.05%	0.66%
GRMN	B	0.33%	0.71%	0.33%
HD	A	0.3%	0.51%	0.3%
HON	B	0.25%	0.6%	0.25%
IBM	C	1.66%	0.63%	0.63%
ICE	C	0.28%	0.68%	0.28%
JNJ	D	1.18%	0.98%	0.98%
K	A	0.8%	0.83%	0.8%
L	A	0.28%	0.56%	0.28%
LIN	D	0.16%	1.13%	0.16%
LMT	D	0.82%	0.77%	0.77%
MCD	D	1.25%	0.82%	0.82%
MCK	B	1.35%	0.79%	0.79%
MDT	D	0.13%	0.59%	0.13%
MKL	A	0.34%	0.76%	0.34%
MMC	B	1.11%	0.88%	0.88%
MRK	F	1.01%	0.52%	0.52%
MSFT	F	1.34%	0.66%	0.66%
MSI	B	1.81%	0.81%	0.81%
NOC	D	1.43%	0.68%	0.68%
ORCL	B	1.31%	0.71%	0.71%
ORLY	B	0.68%	0.52%	0.52%
OTIS	C	0.07%	0.67%	0.07%
PEP	F	1.01%	1.18%	1.01%
PG	A	1.23%	1.02%	1.02%
PGR	A	1.67%	0.98%	0.98%
PKG	A	0.2%	0.77%	0.2%
ROL	B	0.36%	0.47%	0.36%
ROP	B	1.3%	0.57%	0.57%
RSG	A	1.55%	1.05%	1.05%
SO	D	1.35%	1.02%	1.02%
T	A	0.74%	0.71%	0.71%
TJX	A	0.45%	0.65%	0.45%
TRV	B	1.15%	0.85%	0.85%
TXN	C	1.39%	0.55%	0.55%
UNH	C	1.34%	0.79%	0.79%
V	A	0.9%	0.64%	0.64%
VRSK	A	0.42%	0.58%	0.42%
VRSN	F	0.64%	0.49%	0.49%
VZ	C	1.35%	0.9%	0.9%
WEC	A	0.78%	1.0%	0.78%
WM	A	1.44%	0.85%	0.85%
WMB	A	0.31%	0.58%	0.31%
WMT	A	1.78%	1.34%	1.34%
WRB	A	0.31%	0.66%	0.31%
WTW	B	0.38%	0.7%	0.38%
XEL	A	0.46%	1.22%	0.46%
XOM	B	0.45%	0.32%	0.32%
YUM	B	0.5%	0.4%	0.4%

USMV Overweight 93 Positions Relative to LGLV

Symbol	Grade	Weight
TMUS	B	1.95%
WCN	A	1.56%
APH	A	1.44%
LLY	F	1.25%
AVGO	D	1.19%
ABBV	D	1.04%
GDDY	A	1.0%
AAPL	C	0.99%
GILD	C	0.94%
FCNCA	A	0.88%
CBOE	B	0.85%
CTSH	B	0.76%
NOW	A	0.75%
TSN	B	0.71%
MA	C	0.7%
VRTX	F	0.69%
ACGL	D	0.68%
NVDA	C	0.67%
KR	B	0.61%
AMGN	D	0.59%
FICO	B	0.59%
REGN	F	0.59%
KDP	D	0.59%
TDY	B	0.57%
KEYS	A	0.55%
FANG	D	0.55%
FFIV	B	0.55%
MPC	D	0.54%
INCY	C	0.53%
PTC	A	0.52%
ELV	F	0.52%
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%
CHD	B	0.4%
HUM	C	0.4%
AEP	D	0.39%
KHC	F	0.38%
CTVA	C	0.38%
IT	C	0.35%
AFG	A	0.35%
GEN	B	0.35%
CDW	F	0.35%
CPB	D	0.33%
NBIX	C	0.32%
GLW	B	0.31%
FWONK	B	0.31%
HSY	F	0.3%
ANET	C	0.29%
HUBS	A	0.24%
ADI	D	0.23%
D	C	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%
PFE	D	0.2%
DPZ	C	0.19%
CRWD	B	0.19%
CDNS	B	0.18%
MELI	D	0.18%
MOH	F	0.18%
SNPS	B	0.18%
EOG	A	0.17%
HOLX	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%
DGX	A	0.11%
KO	D	0.1%
LNT	A	0.1%
RTX	C	0.09%
TEL	B	0.07%
ATO	A	0.06%
PSX	C	0.06%
FSLR	F	0.06%
KNX	B	0.06%
VLO	C	0.05%
CRM	B	0.05%
ULTA	F	0.04%
CVS	D	0.04%

USMV Underweight 84 Positions Relative to LGLV

Symbol	Grade	Weight
APD	A	-1.19%
PEG	A	-1.14%
AVB	B	-1.06%
EQR	B	-1.02%
PSA	D	-1.01%
VMC	B	-0.99%
EQIX	A	-0.93%
NDAQ	A	-0.88%
BRO	B	-0.83%
KMI	A	-0.82%
ALL	A	-0.81%
AMT	D	-0.78%
INVH	D	-0.74%
MMM	D	-0.72%
COST	B	-0.72%
AFL	B	-0.7%
MAA	B	-0.67%
PAYX	C	-0.66%
FDS	B	-0.65%
TYL	B	-0.64%
ETN	A	-0.64%
CHKP	D	-0.61%
NI	A	-0.6%
IEX	B	-0.6%
FOXA	B	-0.59%
J	F	-0.59%
FAST	B	-0.58%
SUI	D	-0.56%
AVY	D	-0.56%
CASY	A	-0.55%
RYAN	B	-0.54%
PCAR	B	-0.54%
AME	A	-0.54%
GGG	B	-0.53%
GOOGL	C	-0.53%
AMCR	D	-0.53%
UDR	B	-0.52%
TSCO	D	-0.51%
ITW	B	-0.51%
CNA	B	-0.47%
ELS	C	-0.47%
UNP	C	-0.47%
HLI	B	-0.46%
NDSN	B	-0.46%
CHRW	C	-0.45%
CPT	B	-0.45%
AMH	D	-0.45%
SBUX	A	-0.44%
LNG	B	-0.44%
JKHY	D	-0.44%
NVR	D	-0.43%
SCI	B	-0.43%
ATR	B	-0.4%
FTV	C	-0.4%
LOW	D	-0.38%
DTM	B	-0.36%
GL	B	-0.36%
CACI	D	-0.36%
CSGP	D	-0.36%
ORI	A	-0.35%
DOX	D	-0.35%
CBSH	A	-0.32%
DCI	B	-0.32%
GPK	C	-0.31%
SEIC	B	-0.31%
TTC	D	-0.3%
EGP	F	-0.29%
CHE	D	-0.29%
DLB	B	-0.28%
ADC	B	-0.28%
RLI	B	-0.26%
FR	C	-0.26%
CDP	C	-0.25%
GNTX	C	-0.24%
SAIC	F	-0.23%
LSTR	D	-0.23%
MSA	D	-0.23%
CWST	A	-0.22%
SIGI	C	-0.21%
DG	F	-0.19%
MMS	F	-0.18%
SON	D	-0.17%
NEU	C	-0.14%
SOLV	C	-0.1%