USMV vs. QUS ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to SPDR MSCI USA Quality Mix ETF (QUS)

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

$90.81

Average Daily Volume

2,250,558

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

QUS

SPDR MSCI USA Quality Mix ETF

QUS Description

The investment seeks to track the performance of the MSCI USA Quality Mix A-Series Index. The fund invests at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the equity market performance of large-and mid-cap companies across the U.S. equity market. It aims to represent the performance of a combination of three factors: value, quality, and low volatility. It is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI USA Value Weighted Index, the MSCI USA Quality Index, and the MSCI USA Minimum Volatility Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$156.47

Average Daily Volume

17,447

Number of Holdings ^*

582

* may have additional holdings in another (foreign) market

Performance

Period	USMV	QUS
30 Days	0.07%	0.36%
60 Days	5.18%	5.91%
90 Days	8.96%	5.80%
12 Months	29.62%	33.85%

167 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in QUS	Overlap
AAPL	C	0.99%	3.29%	0.99%
ABBV	A	1.21%	0.59%	0.59%
ABT	B	0.09%	0.15%	0.09%
ACGL	A	0.81%	0.42%	0.42%
ACN	B	1.24%	1.18%	1.18%
ADI	C	0.25%	0.15%	0.15%
ADP	A	0.08%	0.51%	0.08%
AEE	A	0.23%	0.11%	0.11%
AEP	C	0.41%	0.2%	0.2%
AFG	C	0.34%	0.15%	0.15%
AIZ	A	0.29%	0.11%	0.11%
AJG	D	1.21%	0.45%	0.45%
AKAM	D	0.46%	0.17%	0.17%
ALNY	C	0.25%	0.09%	0.09%
AMGN	D	0.7%	0.31%	0.31%
AMZN	C	0.13%	0.63%	0.13%
ANET	A	0.29%	0.4%	0.29%
AON	A	0.49%	0.19%	0.19%
APH	D	1.34%	0.65%	0.65%
ATO	A	0.05%	0.04%	0.04%
AVGO	C	1.26%	0.6%	0.6%
AZO	D	0.96%	0.37%	0.37%
BAH	A	0.45%	0.22%	0.22%
BDX	B	0.6%	0.26%	0.26%
BMRN	F	0.25%	0.09%	0.09%
BMY	B	0.43%	0.33%	0.33%
BR	B	0.05%	0.03%	0.03%
BRK.A	C	1.51%	1.08%	1.08%
CB	A	1.5%	0.67%	0.67%
CBOE	A	0.86%	0.31%	0.31%
CDNS	D	0.16%	0.26%	0.16%
CDW	D	0.46%	0.24%	0.24%
CHD	C	0.37%	0.14%	0.14%
CI	D	0.23%	0.26%	0.23%
CL	D	0.46%	0.18%	0.18%
CMCSA	B	0.38%	0.41%	0.38%
CME	A	0.51%	0.23%	0.23%
CMS	A	0.2%	0.09%	0.09%
COR	F	0.62%	0.33%	0.33%
CPB	D	0.38%	0.13%	0.13%
CRM	B	0.04%	0.1%	0.04%
CRWD	D	0.16%	0.05%	0.05%
CSCO	A	1.35%	1.24%	1.24%
CTSH	B	0.76%	0.39%	0.39%
CTVA	A	0.37%	0.17%	0.17%
CVS	D	0.05%	0.34%	0.05%
CVX	B	0.31%	0.51%	0.31%
D	A	0.23%	0.14%	0.14%
DELL	C	0.1%	0.05%	0.05%
DGX	B	0.1%	0.06%	0.06%
DPZ	D	0.18%	0.07%	0.07%
DTE	A	0.2%	0.1%	0.1%
DUK	A	1.53%	0.63%	0.63%
EA	D	0.76%	0.28%	0.28%
ED	A	1.2%	0.46%	0.46%
EG	B	0.45%	0.19%	0.19%
ELV	F	0.69%	0.38%	0.38%
EOG	B	0.16%	0.15%	0.15%
ERIE	A	0.54%	0.22%	0.22%
FANG	D	0.57%	0.22%	0.22%
FCNCA	D	0.74%	0.28%	0.28%
FFIV	B	0.52%	0.21%	0.21%
FI	A	0.57%	0.27%	0.27%
FICO	A	0.5%	0.17%	0.17%
FSLR	C	0.08%	0.04%	0.04%
GD	A	0.06%	0.08%	0.06%
GDDY	D	0.84%	0.28%	0.28%
GEN	B	0.33%	0.12%	0.12%
GILD	A	0.9%	0.41%	0.41%
GIS	C	0.77%	0.3%	0.3%
GLW	B	0.3%	0.14%	0.14%
GOOG	B	0.15%	1.09%	0.15%
GRMN	D	0.28%	0.17%	0.17%
HD	A	0.29%	0.35%	0.29%
HIG	A	0.12%	0.09%	0.09%
HOLX	D	0.17%	0.07%	0.07%
HON	C	0.22%	0.48%	0.22%
HRL	F	0.22%	0.08%	0.08%
HSY	D	0.34%	0.2%	0.2%
HUBS	D	0.19%	0.07%	0.07%
HUM	F	0.45%	0.2%	0.2%
IBM	B	1.75%	0.73%	0.73%
ICE	A	0.29%	0.15%	0.15%
INCY	B	0.48%	0.18%	0.18%
IT	C	0.34%	0.12%	0.12%
JNJ	D	1.26%	1.75%	1.26%
JNPR	B	0.5%	0.18%	0.18%
K	B	0.81%	0.29%	0.29%
KDP	C	0.71%	0.28%	0.28%
KEYS	B	0.56%	0.27%	0.27%
KHC	D	0.43%	0.2%	0.2%
KMB	B	0.22%	0.1%	0.1%
KNX	D	0.06%	0.04%	0.04%
KO	C	0.11%	0.95%	0.11%
KR	C	0.59%	0.31%	0.31%
L	D	0.27%	0.12%	0.12%
LIN	B	0.18%	0.17%	0.17%
LLY	D	1.58%	2.3%	1.58%
LMT	A	0.9%	0.83%	0.83%
LNT	A	0.1%	0.05%	0.05%
MA	A	0.66%	1.62%	0.66%
MCD	A	1.29%	0.52%	0.52%
MCK	F	1.06%	0.5%	0.5%
MDLZ	C	0.51%	0.25%	0.25%
MDT	B	0.14%	0.15%	0.14%
MELI	C	0.2%	0.08%	0.08%
MKL	C	0.32%	0.14%	0.14%
MMC	D	1.12%	0.69%	0.69%
MOH	D	0.22%	0.15%	0.15%
MPC	F	0.56%	0.34%	0.34%
MRK	F	1.21%	0.55%	0.55%
MSFT	D	1.38%	2.76%	1.38%
MSI	A	1.67%	0.59%	0.59%
NBIX	F	0.32%	0.11%	0.11%
NEM	C	0.6%	0.25%	0.25%
NOC	B	1.54%	0.61%	0.61%
NOW	C	0.68%	0.23%	0.23%
NTAP	D	0.22%	0.16%	0.16%
NVDA	C	0.55%	2.29%	0.55%
ORCL	B	1.15%	0.49%	0.49%
ORLY	A	0.64%	0.25%	0.25%
OTIS	A	0.06%	0.04%	0.04%
OXY	F	0.13%	0.11%	0.11%
PEP	D	1.1%	1.1%	1.1%
PFE	D	0.24%	0.38%	0.24%
PG	C	1.25%	0.61%	0.61%
PGR	C	1.68%	0.65%	0.65%
PKG	C	0.18%	0.08%	0.08%
PSX	D	0.06%	0.15%	0.06%
PTC	D	0.49%	0.17%	0.17%
REGN	D	0.83%	0.36%	0.36%
ROL	B	0.37%	0.17%	0.17%
ROP	C	1.31%	0.47%	0.47%
RSG	D	1.5%	0.52%	0.52%
RTX	A	0.09%	0.19%	0.09%
SNPS	F	0.17%	0.26%	0.17%
SO	A	1.38%	0.56%	0.56%
STX	B	0.18%	0.07%	0.07%
T	A	0.71%	0.68%	0.68%
TDY	A	0.53%	0.2%	0.2%
TJX	C	0.44%	0.55%	0.44%
TMUS	A	1.69%	0.69%	0.69%
TRV	C	1.05%	0.43%	0.43%
TSN	D	0.68%	0.28%	0.28%
TW	A	0.18%	0.07%	0.07%
TXN	C	1.42%	1.07%	1.07%
UBER	C	0.5%	0.18%	0.18%
ULTA	D	0.05%	0.08%	0.05%
UNH	B	1.34%	2.2%	1.34%
UTHR	C	0.14%	0.1%	0.1%
V	C	0.78%	1.72%	0.78%
VLO	F	0.05%	0.14%	0.05%
VRSK	D	0.4%	0.15%	0.15%
VRSN	B	0.66%	0.23%	0.23%
VRTX	D	0.71%	0.59%	0.59%
VZ	A	1.44%	0.89%	0.89%
WCN	D	1.49%	0.52%	0.52%
WDAY	D	0.41%	0.14%	0.14%
WEC	A	0.74%	0.29%	0.29%
WM	B	1.37%	0.5%	0.5%
WMB	A	0.24%	0.12%	0.12%
WMT	A	1.66%	0.92%	0.92%
WRB	B	0.29%	0.12%	0.12%
WTW	B	0.35%	0.15%	0.15%
XEL	A	0.43%	0.19%	0.19%
XOM	A	0.45%	0.83%	0.45%
YUM	A	0.51%	0.19%	0.19%

USMV Overweight 3 Positions Relative to QUS

Symbol	Grade	Weight
FWONK	D	0.3%
AZPN	C	0.22%
TEL	D	0.07%

USMV Underweight 415 Positions Relative to QUS

Symbol	Grade	Weight
META	A	-2.43%
COST	C	-1.28%
GOOGL	B	-1.18%
JPM	D	-0.91%
ADBE	F	-0.72%
CAT	A	-0.65%
BAC	D	-0.59%
AMAT	B	-0.57%
QCOM	D	-0.57%
BLK	A	-0.42%
C	B	-0.41%
WFC	D	-0.37%
KLAC	B	-0.36%
LRCX	D	-0.35%
NKE	D	-0.33%
MMM	C	-0.29%
ZTS	C	-0.28%
ITW	A	-0.27%
PANW	D	-0.27%
SHW	B	-0.26%
GS	C	-0.25%
TT	A	-0.25%
GM	D	-0.25%
CMG	C	-0.22%
AFL	A	-0.22%
TSLA	C	-0.22%
DHI	C	-0.22%
CTAS	B	-0.22%
MCO	D	-0.21%
INTC	D	-0.17%
COP	D	-0.17%
GWW	A	-0.17%
F	D	-0.16%
MS	B	-0.16%
PAYX	A	-0.16%
IDXX	D	-0.15%
PNC	C	-0.15%
CMI	B	-0.15%
PSA	C	-0.15%
FAST	B	-0.14%
TFC	D	-0.14%
ADSK	B	-0.14%
DIS	D	-0.14%
USB	C	-0.14%
TMO	C	-0.13%
A	B	-0.13%
LOW	A	-0.13%
CPRT	B	-0.13%
COF	C	-0.13%
AIG	F	-0.12%
GE	C	-0.12%
MPWR	B	-0.12%
MNST	D	-0.12%
NFLX	A	-0.12%
NVR	A	-0.12%
EW	F	-0.12%
MCHP	F	-0.12%
PHM	A	-0.12%
ODFL	D	-0.12%
PM	C	-0.11%
NEE	A	-0.11%
CNC	F	-0.11%
DE	A	-0.11%
FDX	D	-0.11%
CAH	B	-0.11%
UPS	D	-0.11%
ROK	D	-0.1%
TSCO	A	-0.1%
RMD	C	-0.1%
AXP	A	-0.1%
TGT	C	-0.1%
DHR	C	-0.1%
WBD	D	-0.1%
LULU	D	-0.1%
BBY	B	-0.1%
TROW	D	-0.09%
PLD	D	-0.09%
MET	A	-0.09%
BLDR	B	-0.09%
VLTO	A	-0.09%
ADM	D	-0.09%
NUE	D	-0.08%
CHTR	D	-0.08%
DECK	B	-0.08%
PRU	C	-0.08%
VEEV	C	-0.08%
BK	C	-0.08%
UNP	D	-0.08%
HUBB	A	-0.07%
EME	C	-0.07%
MTB	C	-0.07%
HPQ	C	-0.07%
WAT	B	-0.07%
WSM	B	-0.07%
MANH	C	-0.07%
SPGI	C	-0.07%
EXPD	C	-0.07%
PYPL	C	-0.07%
LEN	B	-0.07%
MU	D	-0.07%
HCA	B	-0.07%
OMC	C	-0.07%
AMD	D	-0.07%
DOW	B	-0.07%
LPLA	D	-0.06%
PCG	B	-0.06%
KMI	A	-0.06%
SCHW	D	-0.06%
SOLV	C	-0.06%
TER	C	-0.06%
DFS	C	-0.06%
CFG	D	-0.06%
SRE	A	-0.06%
TPL	B	-0.06%
EXC	A	-0.06%
MO	D	-0.06%
SBUX	B	-0.06%
HPE	B	-0.06%
ALL	B	-0.06%
WST	D	-0.06%
WBA	F	-0.06%
OKE	B	-0.05%
ENPH	D	-0.05%
ETN	C	-0.05%
CBRE	A	-0.05%
HBAN	D	-0.05%
GGG	B	-0.05%
JCI	B	-0.05%
VTRS	D	-0.05%
EIX	A	-0.05%
JBHT	D	-0.05%
POOL	B	-0.05%
O	A	-0.05%
LNG	A	-0.05%
FDS	C	-0.05%
SYY	B	-0.05%
NSC	C	-0.05%
SYF	B	-0.05%
SYK	C	-0.05%
CHK	D	-0.05%
PCAR	D	-0.05%
FCX	B	-0.05%
BG	F	-0.05%
RF	C	-0.05%
CSX	D	-0.05%
SNA	A	-0.05%
SLB	D	-0.05%
LYB	D	-0.05%
STT	C	-0.05%
WSO	C	-0.05%
APA	F	-0.05%
SWKS	F	-0.05%
FITB	C	-0.05%
EPAM	F	-0.04%
MRO	D	-0.04%
GEV	B	-0.04%
PH	A	-0.04%
BKR	B	-0.04%
KEY	C	-0.04%
CEG	B	-0.04%
KKR	A	-0.04%
VICI	C	-0.04%
CARR	A	-0.04%
STLD	B	-0.04%
JKHY	A	-0.04%
URI	C	-0.04%
BX	C	-0.04%
KVUE	C	-0.04%
ALLE	A	-0.04%
BSX	A	-0.04%
PEG	A	-0.04%
ETR	A	-0.04%
APD	C	-0.04%
LHX	A	-0.04%
AMT	C	-0.04%
EMR	B	-0.04%
DD	B	-0.04%
DVN	F	-0.04%
IEX	D	-0.04%
CAG	D	-0.03%
ECL	B	-0.03%
ALLY	F	-0.03%
EXR	C	-0.03%
SW	C	-0.03%
FE	B	-0.03%
BA	F	-0.03%
PPL	A	-0.03%
PPG	D	-0.03%
CNH	B	-0.03%
SEIC	B	-0.03%
BAX	D	-0.03%
RJF	B	-0.03%
PAYC	D	-0.03%
APTV	D	-0.03%
HAL	F	-0.03%
LW	D	-0.03%
BIIB	F	-0.03%
JBL	D	-0.03%
PARA	F	-0.03%
ACI	F	-0.03%
NTRS	C	-0.03%
NRG	A	-0.03%
TTC	D	-0.03%
OVV	F	-0.03%
KMX	F	-0.03%
ES	C	-0.03%
SWK	A	-0.03%
MKTX	C	-0.03%
SPG	A	-0.03%
CCI	C	-0.03%
NXPI	F	-0.03%
CF	A	-0.03%
ROST	C	-0.03%
WY	B	-0.03%
CINF	A	-0.03%
GEHC	C	-0.03%
CTRA	D	-0.03%
BKNG	C	-0.03%
ISRG	A	-0.03%
FIS	C	-0.03%
MOS	D	-0.03%
DLR	C	-0.03%
AMP	A	-0.03%
IP	C	-0.03%
WELL	C	-0.03%
PFG	C	-0.03%
INTU	F	-0.03%
AOS	B	-0.03%
GPN	F	-0.03%
DRI	C	-0.02%
VMC	D	-0.02%
XYL	C	-0.02%
EL	D	-0.02%
SSNC	C	-0.02%
ABNB	D	-0.02%
MRVL	C	-0.02%
EFX	C	-0.02%
NDAQ	C	-0.02%
CCK	C	-0.02%
MLM	D	-0.02%
IPG	C	-0.02%
EQH	C	-0.02%
DOV	C	-0.02%
RVTY	B	-0.02%
ALB	D	-0.02%
IR	A	-0.02%
MAR	B	-0.02%
LDOS	A	-0.02%
LKQ	F	-0.02%
BALL	C	-0.02%
KIM	C	-0.02%
STZ	B	-0.02%
NI	A	-0.02%
VTR	C	-0.02%
SJM	C	-0.02%
J	D	-0.02%
OC	C	-0.02%
AES	B	-0.02%
VST	A	-0.02%
AWK	B	-0.02%
WDC	C	-0.02%
FTV	B	-0.02%
EMN	C	-0.02%
DLTR	F	-0.02%
AMCR	B	-0.02%
CRBG	C	-0.02%
EQR	C	-0.02%
AVB	C	-0.02%
ARE	D	-0.02%
TXT	F	-0.02%
WAB	A	-0.02%
PWR	B	-0.02%
GPC	D	-0.02%
AME	D	-0.02%
CNP	B	-0.02%
UHS	D	-0.02%
EVRG	C	-0.02%
FNF	A	-0.02%
HES	D	-0.02%
FOXA	A	-0.02%
EBAY	A	-0.02%
ZBH	F	-0.02%
TRGP	B	-0.02%
TAP	D	-0.02%
CE	D	-0.02%
CHRW	A	-0.02%
MRNA	F	-0.02%
SQ	D	-0.02%
IFF	C	-0.02%
APO	A	-0.02%
EQIX	B	-0.02%
EQT	B	-0.02%
DG	F	-0.02%
RS	D	-0.02%
IQV	F	-0.02%
DINO	F	-0.02%
ON	F	-0.02%
TECH	C	-0.01%
TYL	B	-0.01%
LUV	B	-0.01%
RIVN	F	-0.01%
Z	C	-0.01%
VRT	B	-0.01%
LYV	A	-0.01%
ENTG	D	-0.01%
BBWI	F	-0.01%
BIO	B	-0.01%
APP	A	-0.01%
LII	C	-0.01%
MTCH	B	-0.01%
NDSN	B	-0.01%
COIN	F	-0.01%
ARES	A	-0.01%
ILMN	B	-0.01%
ALGN	D	-0.01%
DASH	A	-0.01%
MTD	B	-0.01%
LVS	B	-0.01%
UDR	C	-0.01%
TWLO	B	-0.01%
SBAC	B	-0.01%
AMH	D	-0.01%
RCL	C	-0.01%
ANSS	D	-0.01%
CSGP	F	-0.01%
MSCI	B	-0.01%
CTLT	A	-0.01%
CRL	F	-0.01%
MGM	D	-0.01%
CPT	C	-0.01%
TFX	C	-0.01%
UHAL	A	-0.01%
RPRX	B	-0.01%
DVA	C	-0.01%
FOX	A	-0.01%
WLK	C	-0.01%
FTNT	A	-0.01%
WTRG	D	-0.01%
CCL	C	-0.01%
RPM	A	-0.01%
PNR	C	-0.01%
GLPI	A	-0.01%
HST	D	-0.01%
DAL	C	-0.01%
NWSA	D	-0.01%
HLT	A	-0.01%
TDG	A	-0.01%
ESS	C	-0.01%
CSL	A	-0.01%
REG	C	-0.01%
BEN	F	-0.01%
AVY	C	-0.01%
TRU	A	-0.01%
TTWO	F	-0.01%
QRVO	F	-0.01%
TRMB	B	-0.01%
IRM	A	-0.01%
CLX	B	-0.01%
ZBRA	A	-0.01%
MAS	A	-0.01%
FBIN	C	-0.01%
ZM	C	-0.01%
CG	C	-0.01%
HWM	A	-0.01%
SUI	D	-0.01%
ACM	C	-0.01%
BURL	D	-0.01%
MAA	C	-0.01%
AVTR	D	-0.01%
CPAY	A	-0.01%
INVH	D	-0.01%
STE	D	-0.01%
WPC	C	-0.01%
HSIC	D	-0.01%
BRO	A	-0.01%
HII	F	-0.01%
MKC	C	-0.01%
CHRD	F	-0.01%
EXPE	B	-0.01%
DOC	C	-0.01%
DKS	D	-0.01%
BXP	C	-0.01%
CELH	F	-0.0%
TEAM	D	-0.0%
ZS	F	-0.0%
IOT	C	-0.0%
NET	D	-0.0%
RBLX	C	-0.0%
TOST	C	-0.0%
MDB	F	-0.0%
DKNG	D	-0.0%
DDOG	D	-0.0%
BSY	D	-0.0%
MSTR	B	-0.0%
PSTG	F	-0.0%
SNAP	D	-0.0%
DOCU	B	-0.0%
H	C	-0.0%
DAY	B	-0.0%
DT	C	-0.0%
PODD	C	-0.0%
SNOW	F	-0.0%
WYNN	B	-0.0%
HEI	A	-0.0%
DXCM	F	-0.0%
AXON	A	-0.0%
ROKU	C	-0.0%
HOOD	C	-0.0%
PINS	D	-0.0%
HEI	A	-0.0%
ELS	D	-0.0%
EXAS	C	-0.0%
PLTR	A	-0.0%
OKTA	F	-0.0%
TTD	C	-0.0%