USMV vs. SHRY ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to First Trust Bloomberg Shareholder Yield ETF (SHRY)

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

$91.29

Average Daily Volume

2,249,365

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

SHRY

First Trust Bloomberg Shareholder Yield ETF

SHRY Description

The fund will normally invest at least 90% of its net assets in the securities that comprise the index. The index is designed to select dividend-paying securities issued by large capitalization U.S. companies.

Grade (RS Rating)

Last Trade

$40.92

Average Daily Volume

1,414

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	SHRY
30 Days	1.48%	2.05%
60 Days	6.10%	4.76%
90 Days	8.43%	6.07%
12 Months	25.48%

27 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in SHRY	Overlap
AAPL	C	0.97%	1.37%	0.97%
ABT	C	0.09%	1.68%	0.09%
ACN	C	1.28%	0.8%	0.8%
ADP	B	0.08%	1.57%	0.08%
AON	B	0.49%	2.09%	0.49%
BDX	F	0.59%	1.25%	0.59%
CB	B	1.5%	1.48%	1.48%
CI	C	0.23%	3.23%	0.23%
CL	C	0.47%	1.56%	0.47%
CMCSA	D	0.36%	4.58%	0.36%
CME	C	0.51%	2.39%	0.51%
EOG	D	0.15%	2.55%	0.15%
GIS	B	0.77%	3.15%	0.77%
HD	A	0.28%	1.91%	0.28%
HIG	B	0.12%	3.39%	0.12%
KMB	D	0.22%	2.04%	0.22%
KR	C	0.59%	2.64%	0.59%
LMT	B	0.88%	2.63%	0.88%
MA	B	0.67%	1.19%	0.67%
MCD	B	1.27%	2.04%	1.27%
MCK	F	1.14%	1.63%	1.14%
MDT	C	0.14%	2.04%	0.14%
MRK	D	1.22%	1.42%	1.22%
PG	C	1.26%	1.87%	1.26%
TEL	D	0.07%	1.84%	0.07%
TRV	B	1.05%	1.79%	1.05%
V	C	0.83%	1.44%	0.83%

USMV Overweight 143 Positions Relative to SHRY

Symbol	Grade	Weight
TMUS	C	1.7%
IBM	A	1.7%
PGR	A	1.68%
WMT	B	1.66%
MSI	B	1.64%
LLY	C	1.58%
DUK	B	1.55%
WCN	D	1.55%
NOC	A	1.52%
RSG	D	1.52%
BRK.A	C	1.49%
VZ	B	1.44%
MSFT	C	1.38%
TXN	C	1.38%
UNH	C	1.38%
SO	A	1.37%
WM	D	1.37%
ROP	C	1.31%
CSCO	B	1.29%
APH	C	1.29%
AJG	D	1.29%
JNJ	C	1.28%
ABBV	C	1.22%
ED	C	1.22%
AVGO	C	1.21%
MMC	C	1.16%
PEP	D	1.15%
ORCL	B	1.12%
AZO	D	0.99%
REGN	C	0.92%
GILD	B	0.89%
CBOE	C	0.87%
K	A	0.81%
GDDY	C	0.81%
ACGL	B	0.8%
EA	D	0.78%
CTSH	C	0.77%
VRTX	D	0.75%
WEC	B	0.75%
FCNCA	D	0.73%
ELV	C	0.72%
T	C	0.71%
KDP	B	0.71%
AMGN	B	0.7%
TSN	D	0.69%
COR	D	0.66%
NOW	A	0.65%
VRSN	D	0.65%
ORLY	D	0.63%
NEM	B	0.58%
FI	A	0.57%
MPC	D	0.56%
KEYS	C	0.54%
NVDA	D	0.54%
FANG	D	0.53%
ERIE	B	0.52%
MDLZ	C	0.52%
TDY	C	0.52%
YUM	F	0.51%
FFIV	B	0.49%
JNPR	A	0.49%
INCY	C	0.48%
FICO	B	0.48%
HUM	F	0.47%
UBER	C	0.47%
PTC	D	0.47%
AKAM	D	0.45%
CDW	D	0.45%
TJX	C	0.45%
EG	C	0.45%
KHC	C	0.44%
BAH	B	0.44%
XOM	D	0.43%
WDAY	D	0.42%
AEP	C	0.42%
XEL	B	0.42%
BMY	C	0.41%
VRSK	D	0.4%
CPB	B	0.39%
CTVA	B	0.37%
ROL	C	0.37%
CHD	C	0.37%
WTW	C	0.36%
HSY	D	0.35%
AFG	B	0.34%
IT	A	0.34%
NBIX	F	0.33%
MKL	C	0.32%
GEN	B	0.32%
WRB	C	0.3%
CVX	D	0.3%
BMRN	F	0.3%
ICE	C	0.29%
FWONK	C	0.29%
AIZ	B	0.28%
GLW	B	0.28%
L	D	0.27%
GRMN	D	0.27%
ANET	A	0.27%
ALNY	C	0.25%
ADI	C	0.25%
PFE	C	0.24%
MOH	D	0.23%
D	B	0.23%
WMB	B	0.23%
HON	D	0.22%
HRL	D	0.22%
AEE	A	0.22%
DTE	B	0.21%
NTAP	D	0.21%
AZPN	B	0.21%
MELI	B	0.2%
CMS	B	0.2%
HUBS	D	0.18%
PKG	B	0.18%
SNPS	D	0.17%
HOLX	C	0.17%
STX	C	0.17%
TW	B	0.17%
LIN	B	0.17%
DPZ	D	0.17%
CDNS	D	0.16%
CRWD	D	0.14%
GOOG	D	0.14%
OXY	F	0.13%
UTHR	C	0.13%
AMZN	C	0.12%
KO	B	0.11%
LNT	B	0.1%
DELL	C	0.1%
DGX	C	0.1%
RTX	C	0.09%
FSLR	C	0.07%
PSX	D	0.06%
GD	B	0.06%
KNX	D	0.06%
OTIS	C	0.06%
ULTA	D	0.05%
VLO	F	0.05%
CVS	F	0.05%
BR	D	0.05%
ATO	B	0.05%
CRM	D	0.04%

USMV Underweight 23 Positions Relative to SHRY

Symbol	Grade	Weight
MO	C	-5.09%
LOW	A	-3.29%
HPQ	D	-3.25%
AFL	C	-2.98%
MET	A	-2.88%
KMI	A	-2.43%
SBUX	C	-2.4%
HCA	A	-2.27%
CHTR	D	-2.19%
CSX	D	-2.11%
ITW	C	-2.09%
UNP	C	-1.92%
SHW	B	-1.8%
MCHP	D	-1.7%
SLB	F	-1.49%
BX	B	-1.31%
LRCX	F	-0.99%
ADBE	F	-0.87%
KLAC	D	-0.78%
GOOGL	D	-0.74%
QCOM	F	-0.61%
AMAT	D	-0.59%
META	A	-0.54%