USMV vs. RWL ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to RevenueShares Large Cap ETF (RWL)

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

RWL

RevenueShares Large Cap ETF

RWL Description

The investment seeks to outperform the total return performance of the S&P 500 Index, the fund's benchmark index. The fund seeks to achieve its investment objective by attempting to replicate the portfolio of the RevenueShares Large Cap IndexTM (the "underlying index"). The underlying index is constructed by re-weighting the constituent securities of the benchmark index according to the revenue earned by the companies in the benchmark index, subject to certain asset diversification requirements. The fund will invest at least 80% of its net assets in the securities of large capitalization companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$103.10

Average Daily Volume

135,430

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

Performance

Period	USMV	RWL
30 Days	1.70%	4.90%
60 Days	2.42%	5.46%
90 Days	4.02%	7.07%
12 Months	25.63%	29.24%

153 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in RWL	Overlap
AAPL	C	0.99%	2.18%	0.99%
ABBV	D	1.04%	0.26%	0.26%
ABT	B	0.09%	0.22%	0.09%
ACGL	D	0.68%	0.07%	0.07%
ACN	C	1.29%	0.37%	0.37%
ADI	D	0.23%	0.05%	0.05%
ADP	B	0.09%	0.11%	0.09%
AEE	A	0.24%	0.04%	0.04%
AEP	D	0.39%	0.1%	0.1%
AIZ	A	0.32%	0.07%	0.07%
AJG	B	1.27%	0.06%	0.06%
AKAM	D	0.39%	0.02%	0.02%
AMGN	D	0.59%	0.15%	0.15%
AMZN	C	0.14%	3.77%	0.14%
ANET	C	0.29%	0.04%	0.04%
AON	A	0.53%	0.08%	0.08%
APH	A	1.44%	0.08%	0.08%
ATO	A	0.06%	0.02%	0.02%
AVGO	D	1.19%	0.26%	0.26%
AZO	C	0.98%	0.1%	0.1%
BDX	F	0.56%	0.11%	0.11%
BMY	B	0.49%	0.3%	0.3%
BR	A	0.05%	0.04%	0.04%
BRK.A	B	1.55%	2.13%	1.55%
CB	C	1.47%	0.29%	0.29%
CBOE	B	0.85%	0.02%	0.02%
CDNS	B	0.18%	0.03%	0.03%
CDW	F	0.35%	0.09%	0.09%
CHD	B	0.4%	0.03%	0.03%
CI	F	0.21%	1.06%	0.21%
CL	D	0.41%	0.09%	0.09%
CMCSA	B	0.39%	0.73%	0.39%
CME	A	0.53%	0.03%	0.03%
CMS	C	0.19%	0.04%	0.04%
COR	B	0.67%	1.58%	0.67%
CPB	D	0.33%	0.05%	0.05%
CRM	B	0.05%	0.26%	0.05%
CRWD	B	0.19%	0.03%	0.03%
CSCO	B	1.47%	0.34%	0.34%
CTSH	B	0.76%	0.11%	0.11%
CTVA	C	0.38%	0.09%	0.09%
CVS	D	0.04%	1.9%	0.04%
CVX	A	0.34%	1.25%	0.34%
D	C	0.23%	0.07%	0.07%
DELL	C	0.12%	0.59%	0.12%
DGX	A	0.11%	0.05%	0.05%
DPZ	C	0.19%	0.03%	0.03%
DTE	C	0.2%	0.06%	0.06%
DUK	C	1.49%	0.16%	0.16%
EA	A	0.89%	0.04%	0.04%
ED	D	1.13%	0.07%	0.07%
EG	C	0.43%	0.08%	0.08%
ELV	F	0.52%	0.7%	0.52%
EOG	A	0.17%	0.15%	0.15%
ERIE	D	0.42%	0.02%	0.02%
FANG	D	0.55%	0.05%	0.05%
FFIV	B	0.55%	0.02%	0.02%
FI	A	0.69%	0.13%	0.13%
FICO	B	0.59%	0.01%	0.01%
FSLR	F	0.06%	0.02%	0.02%
GD	F	0.05%	0.24%	0.05%
GDDY	A	1.0%	0.03%	0.03%
GEN	B	0.35%	0.02%	0.02%
GILD	C	0.94%	0.17%	0.17%
GIS	D	0.66%	0.1%	0.1%
GLW	B	0.31%	0.08%	0.08%
GOOG	C	0.16%	1.01%	0.16%
GRMN	B	0.33%	0.04%	0.04%
HD	A	0.3%	0.89%	0.3%
HIG	B	0.12%	0.14%	0.12%
HOLX	D	0.16%	0.02%	0.02%
HON	B	0.25%	0.23%	0.23%
HRL	D	0.21%	0.06%	0.06%
HSY	F	0.3%	0.05%	0.05%
HUM	C	0.4%	0.54%	0.4%
IBM	C	1.66%	0.33%	0.33%
ICE	C	0.28%	0.06%	0.06%
INCY	C	0.53%	0.03%	0.03%
IT	C	0.35%	0.04%	0.04%
JNJ	D	1.18%	0.44%	0.44%
JNPR	F	0.45%	0.03%	0.03%
K	A	0.8%	0.07%	0.07%
KDP	D	0.59%	0.07%	0.07%
KEYS	A	0.55%	0.03%	0.03%
KHC	F	0.38%	0.13%	0.13%
KMB	D	0.21%	0.1%	0.1%
KO	D	0.1%	0.22%	0.1%
KR	B	0.61%	0.87%	0.61%
L	A	0.28%	0.1%	0.1%
LIN	D	0.16%	0.17%	0.16%
LLY	F	1.25%	0.18%	0.18%
LMT	D	0.82%	0.37%	0.37%
LNT	A	0.1%	0.02%	0.02%
MA	C	0.7%	0.15%	0.15%
MCD	D	1.25%	0.14%	0.14%
MCK	B	1.35%	2.03%	1.35%
MDLZ	F	0.44%	0.17%	0.17%
MDT	D	0.13%	0.17%	0.13%
MMC	B	1.11%	0.13%	0.13%
MOH	F	0.18%	0.18%	0.18%
MPC	D	0.54%	0.79%	0.54%
MRK	F	1.01%	0.29%	0.29%
MSFT	F	1.34%	1.34%	1.34%
MSI	B	1.81%	0.06%	0.06%
NEM	D	0.46%	0.06%	0.06%
NOC	D	1.43%	0.22%	0.22%
NOW	A	0.75%	0.07%	0.07%
NTAP	C	0.22%	0.04%	0.04%
NVDA	C	0.67%	0.65%	0.65%
ORCL	B	1.31%	0.34%	0.34%
ORLY	B	0.68%	0.1%	0.1%
OTIS	C	0.07%	0.08%	0.07%
OXY	D	0.12%	0.15%	0.12%
PEP	F	1.01%	0.47%	0.47%
PFE	D	0.2%	0.27%	0.2%
PG	A	1.23%	0.44%	0.44%
PGR	A	1.67%	0.38%	0.38%
PKG	A	0.2%	0.05%	0.05%
PSX	C	0.06%	0.86%	0.06%
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%	0.04%	0.04%
RSG	A	1.55%	0.09%	0.09%
RTX	C	0.09%	0.4%	0.09%
SNPS	B	0.18%	0.04%	0.04%
SO	D	1.35%	0.14%	0.14%
STX	D	0.16%	0.03%	0.03%
T	A	0.74%	0.69%	0.69%
TDY	B	0.57%	0.03%	0.03%
TJX	A	0.45%	0.31%	0.31%
TMUS	B	1.95%	0.51%	0.51%
TRV	B	1.15%	0.26%	0.26%
TSN	B	0.71%	0.3%	0.3%
TXN	C	1.39%	0.09%	0.09%
UBER	D	0.45%	0.22%	0.22%
ULTA	F	0.04%	0.06%	0.04%
UNH	C	1.34%	2.1%	1.34%
V	A	0.9%	0.21%	0.21%
VLO	C	0.05%	0.8%	0.05%
VRSK	A	0.42%	0.02%	0.02%
VRSN	F	0.64%	0.01%	0.01%
VRTX	F	0.69%	0.06%	0.06%
VZ	C	1.35%	0.68%	0.68%
WEC	A	0.78%	0.05%	0.05%
WM	A	1.44%	0.12%	0.12%
WMB	A	0.31%	0.07%	0.07%
WMT	A	1.78%	3.83%	1.78%
WRB	A	0.31%	0.07%	0.07%
WTW	B	0.38%	0.06%	0.06%
XEL	A	0.46%	0.08%	0.08%
XOM	B	0.45%	2.04%	0.45%
YUM	B	0.5%	0.04%	0.04%

USMV Overweight 17 Positions Relative to RWL

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%
UTHR	C	0.14%
TEL	B	0.07%
KNX	B	0.06%

USMV Underweight 346 Positions Relative to RWL

Symbol	Grade	Weight
JPM	A	-1.74%
COST	B	-1.41%
CAH	B	-1.34%
BAC	A	-1.24%
GM	B	-1.22%
C	A	-1.1%
F	C	-1.03%
GOOGL	C	-1.01%
WFC	A	-0.93%
META	D	-0.91%
GS	A	-0.82%
WBA	F	-0.77%
MS	A	-0.76%
TSLA	B	-0.71%
CNC	D	-0.68%
TGT	F	-0.6%
DIS	B	-0.59%
UAL	A	-0.56%
UPS	C	-0.51%
LOW	D	-0.49%
FDX	B	-0.49%
DAL	C	-0.48%
AXP	A	-0.44%
ADM	D	-0.42%
SYY	B	-0.42%
CAT	B	-0.41%
MET	A	-0.41%
INTC	D	-0.39%
COF	B	-0.38%
BA	F	-0.36%
PRU	A	-0.36%
CHTR	C	-0.35%
COP	C	-0.34%
ALL	A	-0.34%
HCA	F	-0.33%
HPQ	B	-0.32%
DE	A	-0.31%
BG	F	-0.28%
NKE	D	-0.27%
USB	A	-0.26%
GEV	B	-0.25%
WBD	C	-0.25%
AIG	B	-0.24%
NFLX	A	-0.24%
CMI	A	-0.23%
BK	A	-0.23%
PCAR	B	-0.23%
BBY	D	-0.22%
PYPL	B	-0.21%
SLB	C	-0.21%
DOW	F	-0.21%
PNC	B	-0.21%
GE	D	-0.21%
HPE	B	-0.2%
DG	F	-0.2%
LYB	F	-0.2%
QCOM	F	-0.2%
SBUX	A	-0.2%
CBRE	B	-0.2%
PM	B	-0.2%
TMO	F	-0.2%
JBL	B	-0.2%
BKR	B	-0.19%
NRG	B	-0.18%
LEN	D	-0.18%
SCHW	B	-0.18%
CCL	B	-0.18%
NUE	C	-0.18%
LUV	C	-0.17%
LYV	A	-0.17%
DHI	D	-0.17%
PARA	C	-0.17%
JCI	C	-0.17%
TFC	A	-0.16%
ETN	A	-0.16%
BKNG	A	-0.16%
KKR	A	-0.16%
DLTR	F	-0.16%
MAR	B	-0.16%
DFS	B	-0.16%
PWR	A	-0.15%
AMAT	F	-0.15%
SYF	B	-0.15%
FCX	D	-0.14%
HAL	C	-0.14%
CEG	D	-0.14%
KMX	B	-0.14%
PCG	A	-0.14%
UNP	C	-0.13%
BLK	C	-0.13%
CARR	D	-0.13%
MU	D	-0.13%
PH	A	-0.13%
SHW	A	-0.13%
MMM	D	-0.13%
VST	B	-0.13%
TRGP	B	-0.12%
TT	A	-0.12%
AMD	F	-0.12%
MO	A	-0.12%
RCL	A	-0.12%
EMR	A	-0.12%
EXC	C	-0.12%
AMP	A	-0.12%
DHR	F	-0.12%
IP	B	-0.12%
NEE	D	-0.12%
SW	A	-0.12%
STT	A	-0.12%
SYK	C	-0.12%
STLD	B	-0.12%
OKE	A	-0.12%
LHX	C	-0.12%
ROST	C	-0.11%
KMI	A	-0.11%
CHRW	C	-0.11%
AFL	B	-0.11%
RJF	A	-0.11%
GWW	B	-0.11%
ADBE	C	-0.11%
GPC	D	-0.11%
INTU	C	-0.1%
NTRS	A	-0.1%
MGM	D	-0.1%
PPG	F	-0.1%
EXPE	B	-0.1%
GEHC	F	-0.1%
CSX	B	-0.09%
KVUE	A	-0.09%
PHM	D	-0.09%
APTV	D	-0.09%
OMC	C	-0.09%
BSX	B	-0.09%
EIX	B	-0.09%
VTRS	A	-0.09%
J	F	-0.09%
MTB	A	-0.09%
PFG	D	-0.09%
BLDR	D	-0.09%
ITW	B	-0.09%
URI	B	-0.09%
LDOS	C	-0.09%
LVS	C	-0.08%
HBAN	A	-0.08%
ETR	B	-0.08%
HES	B	-0.08%
TSCO	D	-0.08%
SRE	A	-0.08%
LRCX	F	-0.08%
CFG	B	-0.08%
FITB	A	-0.08%
BWA	D	-0.08%
DVN	F	-0.08%
ECL	D	-0.08%
WAB	B	-0.07%
EL	F	-0.07%
BAX	D	-0.07%
ABNB	C	-0.07%
DRI	B	-0.07%
BALL	D	-0.07%
FE	C	-0.07%
MOS	F	-0.07%
DD	D	-0.07%
LULU	C	-0.07%
HLT	A	-0.07%
NCLH	B	-0.07%
AMCR	D	-0.07%
BX	A	-0.07%
WDC	D	-0.07%
KEY	B	-0.07%
NXPI	D	-0.07%
IQV	D	-0.07%
UHS	D	-0.07%
NSC	B	-0.07%
SPGI	C	-0.07%
SWK	D	-0.07%
LH	C	-0.07%
APD	A	-0.07%
JBHT	C	-0.07%
TAP	C	-0.07%
TXT	D	-0.07%
LKQ	D	-0.07%
PEG	A	-0.06%
ES	D	-0.06%
CAG	D	-0.06%
IPG	D	-0.06%
GPN	B	-0.06%
FIS	C	-0.06%
RF	A	-0.06%
CMG	B	-0.06%
CZR	F	-0.06%
CINF	A	-0.06%
HSIC	B	-0.06%
DVA	B	-0.06%
ISRG	A	-0.05%
FOXA	B	-0.05%
FOX	A	-0.05%
HWM	A	-0.05%
KLAC	D	-0.05%
PPL	B	-0.05%
WYNN	D	-0.05%
APA	D	-0.05%
EQIX	A	-0.05%
ALB	C	-0.05%
FAST	B	-0.05%
HII	D	-0.05%
EMN	D	-0.05%
BEN	C	-0.05%
VMC	B	-0.05%
TPR	B	-0.05%
PANW	C	-0.05%
EXPD	D	-0.05%
CNP	B	-0.05%
AMT	D	-0.05%
DOV	A	-0.05%
AES	F	-0.05%
NVR	D	-0.05%
ROK	B	-0.05%
STZ	D	-0.05%
MHK	D	-0.05%
IFF	D	-0.05%
CTAS	B	-0.05%
EBAY	D	-0.05%
IVZ	B	-0.04%
TTWO	A	-0.04%
SNA	A	-0.04%
MCO	B	-0.04%
ADSK	A	-0.04%
PLD	D	-0.04%
ODFL	B	-0.04%
FTNT	C	-0.04%
NDAQ	A	-0.04%
CLX	B	-0.04%
TDG	D	-0.04%
WY	D	-0.04%
MRO	B	-0.04%
ON	D	-0.04%
WELL	A	-0.04%
MLM	B	-0.04%
ZBH	C	-0.04%
TROW	B	-0.04%
MAS	D	-0.04%
SJM	D	-0.04%
AVY	D	-0.04%
XYL	D	-0.04%
BIIB	F	-0.04%
RL	B	-0.04%
AME	A	-0.04%
SOLV	C	-0.04%
IR	B	-0.04%
LW	C	-0.04%
ZTS	D	-0.04%
MNST	C	-0.04%
VTR	C	-0.03%
CPAY	A	-0.03%
EFX	F	-0.03%
TRMB	B	-0.03%
VLTO	D	-0.03%
PNR	A	-0.03%
BRO	B	-0.03%
CPRT	A	-0.03%
STE	F	-0.03%
PNW	B	-0.03%
DECK	A	-0.03%
ZBRA	B	-0.03%
GNRC	B	-0.03%
POOL	C	-0.03%
HST	C	-0.03%
NI	A	-0.03%
MCHP	D	-0.03%
EPAM	C	-0.03%
NWSA	B	-0.03%
IRM	D	-0.03%
PAYX	C	-0.03%
CCI	D	-0.03%
EW	C	-0.03%
EVRG	A	-0.03%
NWS	B	-0.03%
SMCI	F	-0.03%
EQT	B	-0.03%
GL	B	-0.03%
MKC	D	-0.03%
HUBB	B	-0.03%
CTRA	B	-0.03%
DLR	B	-0.03%
A	D	-0.03%
FTV	C	-0.03%
CE	F	-0.03%
SPG	B	-0.03%
CF	B	-0.03%
AVB	B	-0.02%
EXR	D	-0.02%
MRNA	F	-0.02%
AXON	A	-0.02%
MSCI	C	-0.02%
MTCH	D	-0.02%
IDXX	F	-0.02%
WST	C	-0.02%
WAT	B	-0.02%
BXP	D	-0.02%
MTD	D	-0.02%
VICI	C	-0.02%
FMC	D	-0.02%
ALGN	D	-0.02%
SWKS	F	-0.02%
AOS	F	-0.02%
IEX	B	-0.02%
ALLE	D	-0.02%
AWK	D	-0.02%
CRL	C	-0.02%
PLTR	B	-0.02%
HAS	D	-0.02%
DXCM	D	-0.02%
O	D	-0.02%
PSA	D	-0.02%
CTLT	B	-0.02%
RMD	C	-0.02%
FRT	B	-0.01%
TECH	D	-0.01%
MPWR	F	-0.01%
REG	B	-0.01%
CPT	B	-0.01%
UDR	B	-0.01%
ESS	B	-0.01%
KIM	A	-0.01%
TYL	B	-0.01%
MAA	B	-0.01%
PODD	C	-0.01%
DAY	B	-0.01%
JKHY	D	-0.01%
TER	D	-0.01%
DOC	D	-0.01%
PAYC	B	-0.01%
TFX	F	-0.01%
INVH	D	-0.01%
SBAC	D	-0.01%
QRVO	F	-0.01%
FDS	B	-0.01%
CSGP	D	-0.01%
ANSS	B	-0.01%
RVTY	F	-0.01%
ARE	D	-0.01%
NDSN	B	-0.01%
EQR	B	-0.01%
MKTX	D	-0.0%
ENPH	F	-0.0%