VLUE vs. DIVY ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to Sound Equity Income ETF (DIVY)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$110.97

Average Daily Volume

341,064

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

DIVY

Sound Equity Income ETF

DIVY Description

The investment seeks to produce long-term capital appreciation. The fund's principal investment strategy is designed to provide exposure to the aggregate value of ordinary dividends expected to be paid on a portfolio of large capitalization equity securities listed for trading in the U.S. (Large Cap Securities). The fund may use a variety of investment strategies to achieve this objective. Under normal circumstances, it generally invests in a combination of dividend swaps, dividend futures and forwards on indexes of Large Cap Securities (Large Cap Securities Indexes). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.34

Average Daily Volume

4,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	DIVY
30 Days	-0.15%	-2.57%
60 Days	4.02%	-1.78%
90 Days	7.16%	1.16%
12 Months	23.23%	11.47%

6 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in DIVY	Overlap
C	A	1.75%	3.63%	1.75%
IBM	D	3.97%	3.99%	3.97%
LYB	F	0.22%	4.09%	0.22%
MTB	A	0.3%	3.52%	0.3%
PFE	F	2.2%	3.43%	2.2%
T	A	5.87%	4.76%	4.76%

VLUE Overweight 142 Positions Relative to DIVY

Symbol	Grade	Weight
CSCO	B	6.4%
INTC	C	3.87%
GM	A	3.46%
VZ	C	2.79%
AMAT	F	2.66%
BAC	A	2.14%
RTX	D	1.82%
WFC	A	1.78%
F	C	1.65%
CVS	F	1.51%
LEN	D	1.5%
BMY	B	1.47%
DHI	D	1.44%
HPE	B	1.44%
GS	A	1.4%
GILD	B	1.39%
MO	A	1.38%
CI	D	1.34%
SPG	A	1.23%
NXPI	F	1.19%
HPQ	B	1.17%
CTSH	B	1.13%
FDX	A	1.13%
GLW	B	1.13%
TEL	C	1.05%
ELV	F	1.01%
PHM	D	0.95%
DELL	C	0.85%
URI	B	0.8%
KR	B	0.77%
KHC	F	0.77%
PCAR	B	0.76%
VLO	C	0.75%
ON	F	0.72%
WBD	B	0.69%
COF	A	0.65%
ADM	D	0.62%
JCI	A	0.6%
PCG	A	0.6%
FANG	D	0.6%
CMI	A	0.58%
CNC	F	0.58%
WY	D	0.56%
LHX	B	0.55%
NTAP	D	0.54%
TFC	A	0.52%
AIG	B	0.49%
SWKS	F	0.48%
NUE	D	0.48%
ZM	B	0.47%
EXPE	A	0.47%
USB	B	0.47%
BK	A	0.46%
D	C	0.46%
VTRS	A	0.45%
MET	A	0.44%
VST	A	0.44%
PRU	A	0.43%
MRO	A	0.43%
GEN	B	0.41%
TSN	A	0.4%
FSLR	F	0.38%
FFIV	B	0.37%
TAP	A	0.36%
BLDR	D	0.36%
BBY	C	0.36%
OC	A	0.35%
JNPR	D	0.35%
WAB	B	0.33%
CTRA	A	0.33%
FOXA	A	0.32%
TWLO	A	0.32%
JBL	C	0.32%
OVV	C	0.32%
PPL	A	0.31%
STLD	B	0.29%
EQT	A	0.27%
PARA	C	0.27%
STT	A	0.26%
EVRG	A	0.26%
CAG	F	0.25%
SSNC	D	0.25%
LH	B	0.25%
TXT	D	0.25%
UTHR	B	0.25%
CFG	A	0.25%
HST	D	0.24%
DOW	F	0.24%
LDOS	C	0.23%
WBA	F	0.23%
SNA	A	0.23%
SYF	A	0.23%
SJM	F	0.23%
LKQ	D	0.23%
DAL	A	0.23%
ES	C	0.22%
HIG	C	0.22%
ATO	A	0.22%
AZPN	A	0.22%
EXE	A	0.2%
RF	A	0.2%
GPN	B	0.2%
FITB	A	0.2%
KNX	B	0.2%
BG	D	0.19%
MAA	A	0.19%
DGX	A	0.19%
QRVO	F	0.19%
RPRX	F	0.19%
MOS	D	0.18%
UHS	D	0.18%
IP	A	0.18%
CNH	D	0.17%
HBAN	A	0.17%
FOX	A	0.17%
DINO	D	0.16%
EG	D	0.16%
APA	F	0.15%
SOLV	C	0.15%
CF	A	0.15%
APTV	F	0.14%
AKAM	F	0.14%
CPT	D	0.13%
KEY	A	0.13%
SW	A	0.13%
EQH	B	0.12%
LUV	A	0.12%
FBIN	D	0.12%
ACI	C	0.12%
UHAL	D	0.12%
L	A	0.12%
SWK	F	0.11%
FCNCA	A	0.11%
NLY	C	0.11%
HII	F	0.1%
ALLY	C	0.1%
EMN	C	0.1%
FNF	C	0.09%
DVA	C	0.08%
BEN	C	0.06%
BIO	C	0.06%
WLK	F	0.05%

VLUE Underweight 2 Positions Relative to DIVY

	Symbol	Grade	Weight
	OKE	A	-4.95%
	OMC	C	-3.81%