VFMV vs. BTAL ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

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

$126.54

Average Daily Volume

6,907

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.01

Average Daily Volume

445,126

Number of Holdings ^*

392

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	BTAL
30 Days	3.75%	-4.57%
60 Days	4.37%	-3.16%
90 Days	5.38%	-3.70%
12 Months	27.52%	-6.81%

63 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in BTAL	Overlap
ABBV	D	0.74%	0.36%	0.36%
ACN	C	0.2%	0.44%	0.2%
AEE	A	0.19%	0.49%	0.19%
AKAM	D	0.04%	0.36%	0.04%
AMGN	D	0.14%	0.37%	0.14%
AVGO	D	0.64%	-0.45%	-0.45%
AZO	C	0.34%	0.33%	0.33%
CB	C	0.07%	0.45%	0.07%
CBOE	B	1.04%	0.43%	0.43%
CHD	B	1.44%	0.47%	0.47%
CHE	D	0.69%	0.4%	0.4%
CI	F	0.11%	0.4%	0.11%
CME	A	1.14%	0.47%	0.47%
CMS	C	0.03%	0.44%	0.03%
COR	B	1.48%	0.45%	0.45%
CSCO	B	1.25%	0.49%	0.49%
CTSH	B	0.06%	0.43%	0.06%
DECK	A	0.2%	0.44%	0.2%
DLB	B	0.78%	0.43%	0.43%
DOX	D	1.5%	0.43%	0.43%
DUK	C	1.42%	0.43%	0.43%
ED	D	1.44%	0.42%	0.42%
FANG	D	0.3%	0.39%	0.3%
FCN	D	0.98%	0.38%	0.38%
FLO	D	0.38%	0.42%	0.38%
GD	F	1.14%	0.41%	0.41%
GILD	C	0.83%	0.49%	0.49%
GIS	D	1.0%	0.38%	0.38%
HPQ	B	0.96%	0.45%	0.45%
HQY	B	0.18%	0.58%	0.18%
IBM	C	1.52%	0.45%	0.45%
JNJ	D	1.49%	0.42%	0.42%
KMI	A	0.2%	0.56%	0.2%
KO	D	1.4%	0.37%	0.37%
LMT	D	1.47%	0.38%	0.38%
MCD	D	0.79%	0.42%	0.42%
MCK	B	1.52%	0.51%	0.51%
MSFT	F	1.3%	0.43%	0.43%
MSI	B	0.03%	0.51%	0.03%
MU	D	0.02%	-0.43%	-0.43%
MUSA	A	1.13%	0.43%	0.43%
NEU	C	0.4%	0.44%	0.4%
NOC	D	1.17%	0.4%	0.4%
OLLI	D	0.26%	0.41%	0.26%
ORLY	B	1.11%	0.5%	0.5%
PFE	D	0.32%	0.37%	0.32%
PGR	A	1.48%	0.45%	0.45%
RLI	B	0.3%	0.51%	0.3%
ROP	B	1.33%	0.45%	0.45%
RSG	A	1.2%	0.43%	0.43%
RTX	C	1.06%	0.43%	0.43%
T	A	1.41%	0.5%	0.5%
TJX	A	1.27%	0.43%	0.43%
TMUS	B	1.43%	0.49%	0.49%
TRV	B	0.38%	0.52%	0.38%
UNH	C	0.75%	0.43%	0.43%
UNM	A	0.06%	0.57%	0.06%
VZ	C	1.0%	0.44%	0.44%
WEC	A	0.45%	0.46%	0.45%
WM	A	1.06%	0.45%	0.45%
WTM	A	0.54%	0.39%	0.39%
WTW	B	0.93%	0.45%	0.45%
XOM	B	1.23%	0.44%	0.44%

VFMV Overweight 102 Positions Relative to BTAL

Symbol	Grade	Weight
ADI	D	1.5%
EQC	B	1.49%
ABT	B	1.49%
PG	A	1.48%
TXN	C	1.48%
MRK	F	1.46%
SO	D	1.38%
CVLT	B	1.38%
NTAP	C	1.37%
EA	A	1.16%
REGN	F	1.12%
IDT	B	1.1%
WMT	A	1.08%
IDCC	A	1.06%
KEX	C	1.05%
CL	D	1.05%
LRN	A	0.97%
CVX	A	0.9%
MGEE	C	0.89%
HSTM	B	0.84%
VECO	F	0.78%
FE	C	0.77%
BSX	B	0.75%
TYL	B	0.74%
TKO	B	0.73%
SPOT	B	0.68%
SAFT	C	0.67%
BLKB	B	0.66%
CTRE	D	0.65%
CRUS	D	0.64%
GOOGL	C	0.64%
CAH	B	0.64%
NSIT	F	0.56%
AAPL	C	0.54%
YELP	C	0.52%
NABL	F	0.51%
GOOG	C	0.48%
META	D	0.47%
GDDY	A	0.46%
MATX	C	0.45%
PBH	A	0.42%
INSW	F	0.37%
WMB	A	0.37%
HOLX	D	0.36%
HSY	F	0.36%
V	A	0.35%
DTM	B	0.35%
AJG	B	0.35%
PPC	C	0.34%
LAUR	A	0.34%
NVEC	C	0.33%
THFF	B	0.33%
LLY	F	0.32%
BRK.A	B	0.31%
VERX	B	0.3%
MDLZ	F	0.28%
QRVO	F	0.28%
ATR	B	0.25%
QCOM	F	0.25%
LIN	D	0.24%
JBSS	D	0.24%
MO	A	0.24%
ROL	B	0.23%
MCS	B	0.22%
EXEL	B	0.21%
AMSF	B	0.21%
LOPE	B	0.2%
MTSI	B	0.2%
IMMR	C	0.2%
EBF	F	0.2%
JJSF	B	0.19%
CASS	B	0.19%
QNST	B	0.18%
SPOK	C	0.15%
FDP	B	0.15%
OLED	D	0.14%
HCKT	B	0.14%
SPNS	F	0.14%
TW	A	0.13%
PI	D	0.12%
PSX	C	0.1%
DGICA	A	0.1%
TNK	F	0.09%
DJCO	B	0.09%
AMAT	F	0.08%
KLAC	D	0.07%
CNXN	C	0.07%
OSIS	B	0.06%
JPM	A	0.05%
CNA	B	0.04%
PEBK	B	0.04%
LANC	C	0.04%
CLBK	B	0.04%
GLRE	B	0.04%
PEP	F	0.04%
NBIX	C	0.03%
BCAL	B	0.03%
EIG	B	0.03%
VRTX	F	0.03%
DTE	C	0.03%
MRAM	D	0.02%
FFNW	C	0.02%

VFMV Underweight 329 Positions Relative to BTAL

Symbol	Grade	Weight
MSTR	C	-1.19%
BILL	A	-0.68%
IBKR	A	-0.62%
SFM	A	-0.6%
LPLA	A	-0.59%
PAYC	B	-0.59%
ALSN	B	-0.56%
CFLT	B	-0.56%
SNA	A	-0.55%
NWL	B	-0.54%
BKR	B	-0.53%
PCTY	B	-0.53%
MKL	A	-0.53%
WH	B	-0.53%
BWXT	B	-0.53%
TGNA	B	-0.53%
FFIV	B	-0.52%
FTNT	C	-0.52%
TXRH	C	-0.51%
PCAR	B	-0.51%
THG	A	-0.51%
LNG	B	-0.51%
BMY	B	-0.51%
WELL	A	-0.5%
CHH	A	-0.5%
XEL	A	-0.5%
PNM	F	-0.5%
CINF	A	-0.49%
G	B	-0.49%
PKG	A	-0.49%
ALL	A	-0.48%
VFC	C	-0.48%
SIGI	C	-0.48%
FOXA	B	-0.48%
RGA	A	-0.48%
VTRS	A	-0.48%
LULU	C	-0.48%
AIZ	A	-0.48%
AXS	A	-0.48%
TDY	B	-0.48%
BRO	B	-0.47%
SBRA	C	-0.47%
DBX	B	-0.47%
PAYX	C	-0.47%
GLW	B	-0.47%
AON	A	-0.47%
HON	B	-0.47%
HEI	B	-0.47%
KR	B	-0.47%
CW	B	-0.47%
RYAN	B	-0.47%
EDR	A	-0.46%
DRI	B	-0.46%
WEN	D	-0.46%
SLGN	A	-0.46%
RNR	C	-0.46%
LNT	A	-0.46%
CF	B	-0.46%
ADP	B	-0.46%
ORI	A	-0.46%
UTHR	C	-0.45%
WRB	A	-0.45%
CSX	B	-0.45%
CMG	B	-0.45%
REG	B	-0.45%
AVB	B	-0.45%
ARMK	B	-0.45%
HIG	B	-0.45%
ADC	B	-0.45%
DGX	A	-0.45%
L	A	-0.45%
PNW	B	-0.45%
CHRW	C	-0.45%
JAZZ	B	-0.44%
EQR	B	-0.44%
BWA	D	-0.44%
CDP	C	-0.44%
VRSN	F	-0.43%
CLH	B	-0.43%
ZI	D	-0.43%
YUM	B	-0.43%
DD	D	-0.43%
X	C	-0.43%
OHI	C	-0.43%
ELS	C	-0.43%
CCK	C	-0.43%
MSM	C	-0.43%
COLM	B	-0.43%
AVT	C	-0.42%
VICI	C	-0.42%
MMC	B	-0.42%
CACI	D	-0.42%
CXT	B	-0.42%
GLPI	C	-0.42%
EG	C	-0.42%
HRB	D	-0.41%
J	F	-0.41%
WPC	D	-0.41%
SNX	C	-0.41%
MKC	D	-0.41%
PAG	B	-0.41%
BG	F	-0.4%
SAIC	F	-0.4%
MSA	D	-0.4%
TXT	D	-0.4%
ASGN	F	-0.39%
AMCR	D	-0.39%
O	D	-0.39%
JNPR	F	-0.39%
KHC	F	-0.38%
CPB	D	-0.38%
ON	D	-0.38%
ACGL	D	-0.38%
ERIE	D	-0.38%
OXY	D	-0.38%
MOS	F	-0.38%
FMC	D	-0.37%
MAN	D	-0.37%
KBR	F	-0.37%
ARW	D	-0.37%
GPC	D	-0.37%
TNET	D	-0.37%
DVN	F	-0.37%
MUR	D	-0.37%
ST	F	-0.36%
MOH	F	-0.36%
NEM	D	-0.35%
MTCH	D	-0.35%
FOXF	F	-0.35%
HUM	C	-0.34%
ELV	F	-0.33%
MDU	D	-0.32%
CNC	D	-0.32%
SRPT	D	-0.32%
BMRN	D	-0.29%
AGL	F	-0.16%
SMCI	F	--0.18%
SEDG	F	--0.19%
RUN	F	--0.21%
MRNA	F	--0.22%
CNXC	F	--0.23%
ENPH	F	--0.23%
MPWR	F	--0.24%
CE	F	--0.24%
WOLF	F	--0.25%
TXG	F	--0.26%
NTLA	F	--0.27%
RKT	F	--0.29%
CELH	F	--0.29%
RIVN	F	--0.3%
OPEN	D	--0.3%
EL	F	--0.31%
TER	D	--0.33%
BRZE	C	--0.33%
COTY	F	--0.33%
AMKR	D	--0.34%
ELF	C	--0.35%
EFX	F	--0.35%
SHLS	F	--0.35%
ARWR	F	--0.35%
AES	F	--0.35%
LRCX	F	--0.36%
TFX	F	--0.36%
DKS	C	--0.37%
WMS	D	--0.37%
RGEN	D	--0.37%
ALLY	C	--0.37%
NVCR	C	--0.38%
RIG	D	--0.38%
CNM	D	--0.38%
DINO	D	--0.39%
PLD	D	--0.39%
IDXX	F	--0.39%
KSS	F	--0.39%
ELAN	D	--0.39%
PINS	D	--0.4%
WBA	F	--0.4%
ARE	D	--0.4%
FND	C	--0.4%
MKSI	C	--0.4%
AMD	F	--0.4%
BLD	D	--0.4%
KMX	B	--0.4%
FBIN	D	--0.41%
ROIV	C	--0.41%
AGNC	D	--0.41%
W	F	--0.41%
POWI	D	--0.41%
CRL	C	--0.41%
DNLI	D	--0.42%
CHX	C	--0.42%
AWK	D	--0.42%
FCX	D	--0.42%
CZR	F	--0.42%
UBER	D	--0.42%
CWEN	C	--0.42%
CSGP	D	--0.42%
ILMN	D	--0.43%
CC	C	--0.43%
CRSP	D	--0.43%
MGM	D	--0.43%
ALGN	D	--0.43%
PATH	C	--0.43%
SSD	D	--0.43%
SEE	C	--0.44%
THO	B	--0.44%
BLDR	D	--0.44%
F	C	--0.44%
TRU	D	--0.44%
EW	C	--0.44%
UGI	A	--0.44%
RYN	D	--0.44%
APG	B	--0.44%
BBWI	D	--0.44%
TGT	F	--0.44%
TREX	C	--0.45%
NWE	B	--0.45%
D	C	--0.45%
DAR	C	--0.45%
CARR	D	--0.45%
MTDR	B	--0.45%
RMD	C	--0.45%
OC	A	--0.46%
SMG	D	--0.46%
VEEV	C	--0.46%
BXP	D	--0.46%
LAMR	D	--0.46%
ZS	C	--0.46%
KRC	C	--0.46%
JLL	D	--0.46%
ANET	C	--0.46%
PENN	C	--0.46%
TOL	B	--0.47%
ROKU	D	--0.47%
HHH	B	--0.47%
SHW	A	--0.47%
TROW	B	--0.48%
NVDA	C	--0.48%
LNC	B	--0.48%
AXTA	A	--0.49%
OZK	B	--0.49%
USFD	A	--0.49%
PFGC	B	--0.49%
ITT	A	--0.49%
NRG	B	--0.49%
WAL	B	--0.49%
GH	B	--0.49%
SNAP	C	--0.49%
USB	A	--0.49%
CFG	B	--0.49%
NVT	B	--0.49%
RF	A	--0.5%
TTD	B	--0.5%
NET	B	--0.5%
CAR	C	--0.51%
RMBS	C	--0.51%
PWR	A	--0.51%
GNRC	B	--0.51%
TT	A	--0.51%
CBRE	B	--0.51%
RBLX	C	--0.51%
RRC	B	--0.51%
LPX	B	--0.52%
CEG	D	--0.52%
COHR	B	--0.52%
PEN	B	--0.52%
ETN	A	--0.52%
IOT	A	--0.52%
URI	B	--0.52%
VNO	B	--0.52%
PYPL	B	--0.52%
ALB	C	--0.52%
DELL	C	--0.53%
ZION	B	--0.53%
MDB	C	--0.53%
AR	B	--0.53%
JHG	A	--0.53%
EXP	A	--0.53%
RH	B	--0.53%
FYBR	D	--0.53%
DKNG	B	--0.53%
INTC	D	--0.54%
SNV	B	--0.54%
BLK	C	--0.54%
FOUR	B	--0.54%
NTRS	A	--0.54%
XPO	B	--0.54%
CMA	A	--0.54%
CG	A	--0.55%
KKR	A	--0.55%
PNFP	B	--0.55%
WCC	B	--0.55%
AA	B	--0.56%
SCHW	B	--0.56%
DAY	B	--0.56%
Z	A	--0.56%
GME	C	--0.56%
EXPE	B	--0.56%
MRVL	B	--0.56%
TDOC	C	--0.56%
NTRA	B	--0.56%
BX	A	--0.57%
CRWD	B	--0.57%
GTLS	B	--0.58%
OWL	A	--0.58%
TPG	A	--0.58%
EQT	B	--0.59%
PODD	C	--0.59%
DASH	A	--0.59%
SAIA	B	--0.59%
SQ	B	--0.6%
LYV	A	--0.62%
LITE	B	--0.62%
DUOL	A	--0.63%
CCL	B	--0.63%
LYFT	C	--0.65%
VRT	B	--0.67%
CVNA	B	--0.68%
DAL	C	--0.68%
PTON	B	--0.69%
TSLA	B	--0.7%
TOST	B	--0.71%
COIN	C	--0.71%
HOOD	B	--0.72%
AXON	A	--0.74%
VST	B	--0.76%
SOFI	A	--0.79%
AFRM	B	--0.84%
PLTR	B	--0.87%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream