USMV vs. SEIM ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM)

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

$91.10

Average Daily Volume

2,232,096

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

SEIM

SEI Enhanced U.S. Large Cap Momentum Factor ETF

SEIM Description

SEI Enhanced U.S. Large Cap Momentum Factor ETF is an exchange traded fund launched and managed by SEI Investments Management Corporation. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in momentum stocks of large-cap companies, within the market capitalization range of the Russell 1000 Index. It employs quantitative analysis to create its portfolio. SEI Enhanced U.S. Large Cap Momentum Factor ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.32

Average Daily Volume

24,456

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	SEIM
30 Days	0.70%	7.82%
60 Days	7.72%	17.10%
90 Days	8.91%	7.57%
12 Months	29.23%	45.77%

23 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in SEIM	Overlap
AAPL	C	0.98%	7.49%	0.98%
ABBV	C	1.23%	0.39%	0.39%
ACGL	A	0.81%	2.13%	0.81%
AMZN	C	0.12%	0.51%	0.12%
ANET	A	0.29%	3.22%	0.29%
APH	D	1.29%	1.92%	1.29%
BAH	C	0.46%	0.0%	0.0%
CBOE	B	0.87%	0.0%	0.0%
CI	D	0.22%	0.16%	0.16%
CL	D	0.45%	2.09%	0.45%
ERIE	A	0.54%	1.23%	0.54%
FICO	C	0.5%	0.49%	0.49%
GRMN	D	0.27%	1.97%	0.27%
LLY	D	1.51%	1.18%	1.18%
MCK	F	1.1%	1.98%	1.1%
MSFT	D	1.35%	3.45%	1.35%
MSI	A	1.67%	0.93%	0.93%
NVDA	B	0.53%	8.35%	0.53%
PKG	B	0.18%	1.71%	0.18%
RSG	D	1.48%	2.06%	1.48%
TJX	D	0.44%	0.82%	0.44%
WMT	A	1.67%	2.81%	1.67%
WRB	C	0.29%	1.15%	0.29%

USMV Overweight 147 Positions Relative to SEIM

Symbol	Grade	Weight
IBM	A	1.74%
TMUS	A	1.72%
PGR	B	1.67%
NOC	B	1.58%
DUK	C	1.53%
BRK.A	B	1.52%
CB	A	1.51%
WCN	D	1.48%
VZ	C	1.46%
TXN	C	1.39%
SO	A	1.39%
WM	B	1.37%
UNH	B	1.36%
CSCO	A	1.36%
MCD	A	1.3%
ROP	D	1.3%
ACN	B	1.28%
PG	D	1.25%
JNJ	D	1.25%
AJG	C	1.24%
ED	C	1.23%
MRK	F	1.21%
AVGO	B	1.2%
ORCL	A	1.16%
MMC	D	1.12%
PEP	F	1.11%
TRV	B	1.04%
AZO	D	1.0%
LMT	A	0.94%
GILD	A	0.9%
REGN	D	0.83%
GDDY	B	0.82%
K	B	0.81%
V	B	0.8%
GIS	C	0.78%
CTSH	B	0.76%
WEC	B	0.76%
EA	D	0.76%
T	B	0.73%
FCNCA	D	0.73%
VRTX	D	0.72%
KDP	C	0.7%
AMGN	D	0.68%
MA	A	0.67%
VRSN	C	0.67%
ELV	F	0.67%
TSN	D	0.67%
ORLY	A	0.65%
NOW	B	0.64%
COR	F	0.62%
BDX	C	0.61%
FI	A	0.59%
KR	C	0.59%
NEM	C	0.58%
MPC	D	0.57%
KEYS	B	0.56%
TDY	A	0.54%
FANG	D	0.54%
CME	A	0.53%
YUM	C	0.53%
FFIV	B	0.51%
INCY	B	0.51%
JNPR	C	0.5%
MDLZ	D	0.5%
AON	A	0.49%
UBER	C	0.48%
PTC	B	0.48%
XOM	A	0.46%
EG	A	0.46%
AKAM	D	0.45%
CDW	D	0.44%
BMY	A	0.44%
KHC	F	0.43%
XEL	C	0.43%
AEP	C	0.41%
WDAY	D	0.4%
VRSK	D	0.4%
HUM	F	0.4%
CMCSA	B	0.38%
WTW	C	0.37%
CPB	D	0.37%
ROL	C	0.37%
CHD	D	0.37%
CTVA	A	0.37%
IT	A	0.34%
AFG	A	0.34%
GEN	A	0.33%
HSY	D	0.33%
CVX	B	0.32%
MKL	B	0.32%
NBIX	F	0.31%
FWONK	D	0.3%
GLW	C	0.3%
HD	A	0.3%
ICE	A	0.29%
AIZ	B	0.29%
L	C	0.27%
BMRN	F	0.25%
ALNY	C	0.25%
WMB	A	0.24%
ADI	B	0.24%
AEE	A	0.23%
D	A	0.23%
PFE	D	0.23%
NTAP	D	0.22%
HRL	F	0.22%
MOH	F	0.22%
KMB	D	0.22%
AZPN	A	0.22%
HON	C	0.22%
DTE	B	0.21%
CMS	A	0.2%
HUBS	D	0.19%
MELI	D	0.19%
STX	C	0.18%
TW	A	0.18%
DPZ	D	0.18%
HOLX	D	0.17%
SNPS	F	0.17%
LIN	C	0.17%
CDNS	D	0.16%
EOG	B	0.16%
CRWD	D	0.15%
GOOG	B	0.15%
UTHR	C	0.14%
MDT	C	0.14%
OXY	D	0.13%
HIG	A	0.12%
KO	C	0.11%
LNT	B	0.1%
DELL	C	0.1%
DGX	D	0.1%
ABT	C	0.09%
RTX	A	0.09%
FSLR	C	0.08%
ADP	A	0.08%
TEL	D	0.07%
OTIS	A	0.07%
PSX	D	0.06%
GD	C	0.06%
KNX	D	0.06%
ULTA	D	0.05%
VLO	F	0.05%
BR	B	0.05%
CVS	D	0.05%
ATO	A	0.05%
CRM	B	0.04%

USMV Underweight 39 Positions Relative to SEIM

Symbol	Grade	Weight
META	A	-4.77%
APP	A	-2.61%
PH	A	-2.58%
AXON	A	-2.46%
VST	A	-2.31%
HWM	A	-2.21%
TT	A	-2.2%
BSX	A	-2.14%
DHI	C	-2.11%
HCA	C	-2.1%
DECK	B	-2.0%
SYK	C	-1.97%
BK	A	-1.93%
MANH	A	-1.67%
TOL	C	-1.43%
UHS	D	-1.26%
VRT	B	-1.26%
GWRE	A	-1.19%
CLH	B	-1.17%
WING	C	-1.11%
TXRH	A	-1.1%
PANW	B	-1.06%
EWBC	B	-0.99%
THC	D	-0.88%
BRO	A	-0.87%
GOOGL	B	-0.87%
WAB	A	-0.78%
ISRG	C	-0.74%
SN	A	-0.65%
AFL	A	-0.52%
JHG	A	-0.44%
FTI	B	-0.4%
PHM	C	-0.38%
NDAQ	C	-0.35%
WSM	C	-0.26%
VIRT	B	-0.23%
CW	A	-0.19%
FRPT	A	-0.1%
CMI	A	-0.1%