VFMV vs. AIRR ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to First Trust RBA American Industrial Renaissance ETF (AIRR)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$121.24

Average Daily Volume

7,749

Number of Holdings ^*

146

* may have additional holdings in another (foreign) market

AIRR

First Trust RBA American Industrial Renaissance ETF

AIRR Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$74.55

Average Daily Volume

219,211

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	AIRR
30 Days	0.72%	8.00%
60 Days	6.93%	11.02%
90 Days	7.44%	11.41%
12 Months	28.66%	49.24%

1 Overlapping Holdings

	Symbol	Grade	Weight in VFMV	Weight in AIRR	Overlap
	KEX	C	1.4%	2.84%	1.4%

VFMV Overweight 145 Positions Relative to AIRR

Symbol	Grade	Weight
CVLT	B	1.63%
NTAP	D	1.57%
TJX	D	1.56%
TMUS	A	1.56%
TXN	C	1.54%
ROP	D	1.5%
MCK	F	1.5%
PGR	B	1.49%
VECO	F	1.49%
EA	D	1.48%
WMT	A	1.47%
WM	B	1.46%
CSCO	A	1.46%
JNJ	D	1.46%
PG	D	1.45%
LMT	A	1.44%
GD	C	1.43%
MUSA	D	1.43%
XOM	A	1.42%
ADI	B	1.42%
RSG	D	1.39%
MRK	F	1.39%
IDT	C	1.35%
ABBV	C	1.34%
ORLY	A	1.33%
DUK	C	1.31%
IBM	A	1.31%
CHD	D	1.28%
REGN	D	1.27%
NOC	B	1.27%
MCD	A	1.24%
FCN	C	1.21%
VZ	C	1.2%
CME	A	1.19%
IDCC	A	1.14%
CBOE	B	1.13%
DLB	D	1.06%
LRN	D	1.05%
CL	D	1.05%
DOX	B	1.03%
GIS	C	0.98%
WMB	A	0.97%
HSTM	B	0.97%
MGEE	C	0.96%
LLY	D	0.92%
GILD	A	0.89%
GOOGL	B	0.87%
CRUS	D	0.86%
SAFT	D	0.86%
GPOR	B	0.85%
UNH	B	0.85%
INST	C	0.83%
NSIT	B	0.83%
CHE	D	0.81%
LAUR	C	0.79%
NABL	F	0.78%
BLKB	C	0.78%
CVX	B	0.77%
CAH	B	0.75%
WTM	C	0.75%
HPQ	B	0.72%
AVGO	B	0.71%
GOOG	B	0.7%
OSIS	C	0.7%
QCOM	D	0.69%
AMGN	D	0.64%
AAPL	C	0.64%
YELP	D	0.63%
MCS	B	0.61%
META	A	0.6%
INSW	B	0.55%
MATX	C	0.54%
PBH	D	0.52%
ED	C	0.51%
T	B	0.51%
NEU	F	0.49%
FLO	D	0.47%
KO	C	0.46%
MSFT	D	0.45%
FANG	D	0.45%
HSY	D	0.45%
V	B	0.44%
AJG	C	0.43%
TRV	B	0.43%
THFF	D	0.42%
AZO	D	0.42%
K	B	0.4%
WEC	B	0.39%
MDLZ	D	0.39%
RLI	A	0.36%
NVEC	D	0.35%
OLLI	C	0.34%
AMSF	B	0.34%
JBSS	F	0.33%
RTX	A	0.33%
CASS	F	0.32%
BMY	A	0.31%
ROL	C	0.29%
LDOS	A	0.29%
BRK.A	B	0.29%
IMMR	D	0.28%
MO	D	0.28%
MTSI	B	0.26%
LOPE	D	0.25%
KMI	A	0.24%
EBF	B	0.24%
EQC	D	0.24%
ACN	B	0.23%
EXEL	B	0.23%
JJSF	C	0.23%
OLED	B	0.19%
SPOK	D	0.19%
DECK	B	0.19%
SPNS	B	0.17%
QNST	C	0.15%
PSX	D	0.14%
AMAT	C	0.13%
DGICA	D	0.12%
TNK	C	0.12%
AMZN	C	0.11%
CLBK	F	0.1%
DJCO	C	0.1%
DTM	A	0.1%
KLAC	B	0.09%
CNXN	C	0.08%
CB	A	0.08%
LRCX	D	0.08%
KMB	D	0.07%
GLRE	B	0.06%
PEP	F	0.06%
LANC	F	0.06%
REYN	D	0.06%
UNM	A	0.06%
ATR	A	0.05%
SFL	D	0.05%
EIG	A	0.04%
DTE	B	0.04%
MU	D	0.04%
AKAM	D	0.04%
VRTX	D	0.04%
NBIX	F	0.04%
CNA	D	0.04%
SPOT	C	0.03%
CMS	A	0.03%
MSI	A	0.03%

VFMV Underweight 56 Positions Relative to AIRR

Symbol	Grade	Weight
GVA	A	-3.57%
MLI	B	-3.34%
EME	B	-3.29%
HUBB	A	-3.27%
PRIM	A	-3.22%
AIT	B	-3.15%
MDU	C	-3.14%
BWXT	A	-3.09%
CLH	B	-3.08%
MSM	D	-3.07%
RBC	C	-2.95%
HII	F	-2.92%
FSS	D	-2.75%
WMS	D	-2.63%
HRI	B	-2.38%
CNM	F	-2.37%
MWA	A	-2.29%
FIX	A	-2.16%
ROAD	C	-2.03%
ACA	C	-2.02%
DY	C	-2.01%
GBX	C	-1.9%
AAON	A	-1.89%
FNB	D	-1.59%
VSEC	D	-1.57%
MTZ	A	-1.5%
MRCY	B	-1.41%
DNOW	F	-1.4%
WNC	F	-1.32%
STRL	B	-1.23%
WTFC	B	-1.23%
HEES	D	-1.22%
ATKR	F	-1.15%
DXPE	C	-1.08%
ASB	D	-1.02%
ONB	D	-0.99%
FRME	D	-0.93%
FFBC	D	-0.93%
MRC	D	-0.9%
POWL	B	-0.83%
TPC	A	-0.82%
PRK	D	-0.82%
FULT	D	-0.8%
LMB	B	-0.69%
FCF	D	-0.68%
TGI	F	-0.65%
PLOW	D	-0.61%
AMRC	C	-0.58%
BLBD	D	-0.58%
PRLB	F	-0.57%
SHYF	D	-0.54%
ASTE	F	-0.53%
ANET	A	-0.5%
IIIN	F	-0.5%
TRNS	D	-0.49%
LKFN	D	-0.49%