USMV vs. USCL ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to iShares Climate Conscious & Transition MSCI USA ETF (USCL)

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

USCL

iShares Climate Conscious & Transition MSCI USA ETF

USCL Description

The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.65

Average Daily Volume

2,806

Number of Holdings ^*

296

* may have additional holdings in another (foreign) market

Performance

Period	USMV	USCL
30 Days	1.70%	3.79%
60 Days	2.42%	5.19%
90 Days	4.02%	7.34%
12 Months	25.63%	35.52%

109 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in USCL	Overlap
AAPL	C	0.99%	5.23%	0.99%
ABBV	D	1.04%	0.81%	0.81%
ABT	B	0.09%	0.54%	0.09%
ACGL	D	0.68%	0.1%	0.1%
ACN	C	1.29%	0.61%	0.61%
ADI	D	0.23%	0.28%	0.23%
ADP	B	0.09%	0.33%	0.09%
AEP	D	0.39%	0.13%	0.13%
AJG	B	1.27%	0.18%	0.18%
AKAM	D	0.39%	0.04%	0.04%
AMGN	D	0.59%	0.43%	0.43%
AMZN	C	0.14%	5.13%	0.14%
AON	A	0.53%	0.2%	0.2%
ATO	A	0.06%	0.06%	0.06%
AVGO	D	1.19%	2.04%	1.19%
AZPN	A	0.23%	0.02%	0.02%
BAH	F	0.39%	0.05%	0.05%
BMY	B	0.49%	0.32%	0.32%
BR	A	0.05%	0.07%	0.05%
CB	C	1.47%	0.3%	0.3%
CBOE	B	0.85%	0.06%	0.06%
CDNS	B	0.18%	0.22%	0.18%
CHD	B	0.4%	0.07%	0.07%
CL	D	0.41%	0.19%	0.19%
CMCSA	B	0.39%	0.46%	0.39%
CME	A	0.53%	0.22%	0.22%
CPB	D	0.33%	0.02%	0.02%
CRM	B	0.05%	0.87%	0.05%
CRWD	B	0.19%	0.21%	0.19%
CSCO	B	1.47%	0.63%	0.63%
CTSH	B	0.76%	0.11%	0.11%
CTVA	C	0.38%	0.11%	0.11%
CVS	D	0.04%	0.19%	0.04%
CVX	A	0.34%	0.77%	0.34%
D	C	0.23%	0.13%	0.13%
DELL	C	0.12%	0.1%	0.1%
DUK	C	1.49%	0.23%	0.23%
ED	D	1.13%	0.09%	0.09%
EOG	A	0.17%	0.21%	0.17%
FANG	D	0.55%	0.09%	0.09%
FI	A	0.69%	0.33%	0.33%
FSLR	F	0.06%	0.05%	0.05%
FWONK	B	0.31%	0.05%	0.05%
GEN	B	0.35%	0.05%	0.05%
GILD	C	0.94%	0.31%	0.31%
GIS	D	0.66%	0.1%	0.1%
GOOG	C	0.16%	2.03%	0.16%
GRMN	B	0.33%	0.09%	0.09%
HD	A	0.3%	1.09%	0.3%
HIG	B	0.12%	0.09%	0.09%
HSY	F	0.3%	0.07%	0.07%
HUBS	A	0.24%	0.09%	0.09%
HUM	C	0.4%	0.09%	0.09%
IBM	C	1.66%	0.52%	0.52%
ICE	C	0.28%	0.24%	0.24%
INCY	C	0.53%	0.03%	0.03%
IT	C	0.35%	0.11%	0.11%
JNJ	D	1.18%	0.99%	0.99%
K	A	0.8%	0.06%	0.06%
KDP	D	0.59%	0.1%	0.1%
KMB	D	0.21%	0.12%	0.12%
KO	D	0.1%	0.69%	0.1%
LIN	D	0.16%	0.59%	0.16%
LLY	F	1.25%	1.72%	1.25%
LNT	A	0.1%	0.04%	0.04%
MA	C	0.7%	1.17%	0.7%
MCD	D	1.25%	0.58%	0.58%
MCK	B	1.35%	0.21%	0.21%
MDLZ	F	0.44%	0.24%	0.24%
MELI	D	0.18%	0.23%	0.18%
MMC	B	1.11%	0.3%	0.3%
MRK	F	1.01%	0.67%	0.67%
MSFT	F	1.34%	4.42%	1.34%
NEM	D	0.46%	0.13%	0.13%
NOW	A	0.75%	0.58%	0.58%
NVDA	C	0.67%	6.73%	0.67%
ORCL	B	1.31%	0.84%	0.84%
OXY	D	0.12%	0.09%	0.09%
PEP	F	1.01%	0.61%	0.61%
PFE	D	0.2%	0.4%	0.2%
PG	A	1.23%	1.07%	1.07%
PGR	A	1.67%	0.41%	0.41%
PTC	A	0.52%	0.06%	0.06%
REGN	F	0.59%	0.23%	0.23%
ROP	B	1.3%	0.16%	0.16%
RSG	A	1.55%	0.13%	0.13%
SNPS	B	0.18%	0.23%	0.18%
SO	D	1.35%	0.26%	0.26%
T	A	0.74%	0.43%	0.43%
TMUS	B	1.95%	0.34%	0.34%
TRV	B	1.15%	0.16%	0.16%
TW	A	0.2%	0.04%	0.04%
TXN	C	1.39%	0.51%	0.51%
UBER	D	0.45%	0.36%	0.36%
ULTA	F	0.04%	0.05%	0.04%
UNH	C	1.34%	1.47%	1.34%
V	A	0.9%	1.31%	0.9%
VRSK	A	0.42%	0.11%	0.11%
VRTX	F	0.69%	0.34%	0.34%
VZ	C	1.35%	0.46%	0.46%
WCN	A	1.56%	0.13%	0.13%
WDAY	B	0.43%	0.16%	0.16%
WM	A	1.44%	0.24%	0.24%
WMT	A	1.78%	1.01%	1.01%
WRB	A	0.31%	0.05%	0.05%
WTW	B	0.38%	0.09%	0.09%
XEL	A	0.46%	0.1%	0.1%
XOM	B	0.45%	1.46%	0.45%
YUM	B	0.5%	0.1%	0.1%

USMV Overweight 61 Positions Relative to USCL

Symbol	Grade	Weight
MSI	B	1.81%
BRK.A	B	1.55%
APH	A	1.44%
NOC	D	1.43%
GDDY	A	1.0%
AZO	C	0.98%
EA	A	0.89%
FCNCA	A	0.88%
LMT	D	0.82%
WEC	A	0.78%
TSN	B	0.71%
ORLY	B	0.68%
COR	B	0.67%
VRSN	F	0.64%
KR	B	0.61%
FICO	B	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FFIV	B	0.55%
MPC	D	0.54%
ELV	F	0.52%
JNPR	F	0.45%
TJX	A	0.45%
EG	C	0.43%
ERIE	D	0.42%
KHC	F	0.38%
ROL	B	0.36%
AFG	A	0.35%
CDW	F	0.35%
MKL	A	0.34%
AIZ	A	0.32%
NBIX	C	0.32%
WMB	A	0.31%
GLW	B	0.31%
ANET	C	0.29%
L	A	0.28%
HON	B	0.25%
AEE	A	0.24%
ALNY	D	0.22%
NTAP	C	0.22%
BMRN	D	0.22%
HRL	D	0.21%
CI	F	0.21%
DTE	C	0.2%
PKG	A	0.2%
DPZ	C	0.19%
CMS	C	0.19%
MOH	F	0.18%
HOLX	D	0.16%
STX	D	0.16%
UTHR	C	0.14%
MDT	D	0.13%
DGX	A	0.11%
RTX	C	0.09%
OTIS	C	0.07%
TEL	B	0.07%
PSX	C	0.06%
KNX	B	0.06%
VLO	C	0.05%
GD	F	0.05%

USMV Underweight 187 Positions Relative to USCL

Symbol	Grade	Weight
META	D	-3.42%
TSLA	B	-2.41%
GOOGL	C	-2.33%
JPM	A	-1.88%
NFLX	A	-0.98%
BAC	A	-0.87%
WFC	A	-0.69%
ADBE	C	-0.63%
AMD	F	-0.61%
TMO	F	-0.55%
DIS	B	-0.54%
INTU	C	-0.53%
CAT	B	-0.51%
GS	A	-0.51%
QCOM	F	-0.49%
BKNG	A	-0.46%
AXP	A	-0.45%
MS	A	-0.44%
SPGI	C	-0.44%
DHR	F	-0.43%
NEE	D	-0.42%
BLK	C	-0.42%
UNP	C	-0.39%
ETN	A	-0.39%
COP	C	-0.36%
PANW	C	-0.35%
BSX	B	-0.35%
BX	A	-0.35%
SCHW	B	-0.33%
PLTR	B	-0.32%
SBUX	A	-0.3%
PLD	D	-0.29%
INTC	D	-0.29%
DE	A	-0.28%
UPS	C	-0.26%
NKE	D	-0.25%
TT	A	-0.25%
SHW	A	-0.25%
AMT	D	-0.24%
PYPL	B	-0.23%
EQIX	A	-0.23%
ZTS	D	-0.22%
ITW	B	-0.22%
WELL	A	-0.22%
CMG	B	-0.22%
USB	A	-0.21%
MCO	B	-0.21%
CTAS	B	-0.21%
MMM	D	-0.2%
EMR	A	-0.2%
CRH	A	-0.19%
MAR	B	-0.19%
CSX	B	-0.19%
CEG	D	-0.19%
TGT	F	-0.19%
APO	B	-0.18%
GM	B	-0.18%
ADSK	A	-0.18%
FDX	B	-0.18%
FTNT	C	-0.17%
FCX	D	-0.17%
SLB	C	-0.17%
HLT	A	-0.17%
OKE	A	-0.17%
ECL	D	-0.17%
BK	A	-0.16%
SRE	A	-0.16%
DLR	B	-0.16%
SPG	B	-0.16%
ABNB	C	-0.16%
NSC	B	-0.16%
PCAR	B	-0.16%
JCI	C	-0.15%
CMI	A	-0.14%
AIG	B	-0.14%
KMI	A	-0.14%
SQ	B	-0.13%
PWR	A	-0.13%
PAYX	C	-0.13%
O	D	-0.13%
FIS	C	-0.13%
CPRT	A	-0.13%
BKR	B	-0.12%
PEG	A	-0.12%
ODFL	B	-0.12%
F	C	-0.12%
DFS	B	-0.12%
AME	A	-0.12%
CCI	D	-0.12%
SNOW	C	-0.11%
STZ	D	-0.11%
EW	C	-0.11%
TEAM	A	-0.11%
HES	B	-0.11%
CBRE	B	-0.11%
MNST	C	-0.11%
NUE	C	-0.1%
MLM	B	-0.1%
IQV	D	-0.1%
CHTR	C	-0.1%
EXC	C	-0.1%
A	D	-0.1%
LULU	C	-0.1%
AVB	B	-0.09%
EFX	F	-0.09%
VICI	C	-0.09%
ROK	B	-0.09%
NDAQ	A	-0.09%
DD	D	-0.09%
WAB	B	-0.09%
IDXX	F	-0.09%
NET	B	-0.08%
DOV	A	-0.08%
STT	A	-0.08%
PPG	F	-0.08%
ANSS	B	-0.08%
GPN	B	-0.08%
XYL	D	-0.08%
EBAY	D	-0.08%
HUBB	B	-0.07%
EQR	B	-0.07%
WST	C	-0.07%
AWK	D	-0.07%
MTD	D	-0.07%
FTV	C	-0.07%
TROW	B	-0.07%
DECK	A	-0.07%
HPE	B	-0.07%
LII	A	-0.06%
CLX	B	-0.06%
STLD	B	-0.06%
CSL	C	-0.06%
NTRS	A	-0.06%
ES	D	-0.06%
ZBH	C	-0.06%
WAT	B	-0.06%
WY	D	-0.06%
ILMN	D	-0.06%
BIIB	F	-0.06%
WSM	B	-0.05%
OC	A	-0.05%
EXPD	D	-0.05%
ARE	D	-0.05%
MANH	D	-0.05%
TRMB	B	-0.05%
PNR	A	-0.05%
RPM	A	-0.05%
PINS	D	-0.05%
IEX	B	-0.05%
LVS	C	-0.05%
ZS	C	-0.05%
MKC	D	-0.05%
FDS	B	-0.05%
BALL	D	-0.05%
TRU	D	-0.05%
LH	C	-0.05%
REG	B	-0.04%
RVTY	F	-0.04%
ACM	A	-0.04%
DOC	D	-0.04%
EL	F	-0.04%
GGG	B	-0.04%
JBHT	C	-0.04%
TWLO	A	-0.04%
AVY	D	-0.04%
MRO	B	-0.04%
KIM	A	-0.04%
WYNN	D	-0.03%
WTRG	B	-0.03%
CRL	C	-0.03%
CTLT	B	-0.03%
CCK	C	-0.03%
SNAP	C	-0.03%
PAYC	B	-0.03%
TAP	C	-0.03%
BXP	D	-0.03%
CG	A	-0.03%
ALB	C	-0.03%
DAY	B	-0.03%
OKTA	C	-0.03%
JKHY	D	-0.03%
H	B	-0.02%
BSY	D	-0.02%
MTCH	D	-0.02%
DVA	B	-0.02%
TFX	F	-0.02%
MGM	D	-0.02%