XSW vs. VFMV ETF Comparison

Comparison of SPDR S&P Software & Services ETF (XSW) to Vanguard U.S. Minimum Volatility ETF (VFMV)

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$194.96

Average Daily Volume

13,855

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

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

Performance

Period	XSW	VFMV
30 Days	19.12%	3.75%
60 Days	22.87%	4.37%
90 Days	24.41%	5.38%
12 Months	45.80%	27.52%

15 Overlapping Holdings

Symbol	Grade	Weight in XSW	Weight in VFMV	Overlap
ACN	C	0.64%	0.2%	0.2%
BLKB	B	0.61%	0.66%	0.61%
CTSH	B	0.64%	0.06%	0.06%
CVLT	B	0.72%	1.38%	0.72%
DJCO	B	0.71%	0.09%	0.09%
DLB	B	0.62%	0.78%	0.62%
EA	A	0.67%	1.16%	0.67%
HCKT	B	0.4%	0.14%	0.14%
IBM	C	0.59%	1.52%	0.59%
IDCC	A	0.81%	1.06%	0.81%
MSFT	F	0.59%	1.3%	0.59%
NABL	F	0.53%	0.51%	0.51%
ROP	B	0.62%	1.33%	0.62%
TYL	B	0.64%	0.74%	0.64%
VERX	B	0.84%	0.3%	0.3%

XSW Overweight 118 Positions Relative to VFMV

Symbol	Grade	Weight
APP	B	1.52%
MSTR	C	1.39%
CIFR	B	1.29%
RIOT	C	1.06%
NNBR	C	1.04%
BILL	A	1.04%
WULF	C	1.04%
PLTR	B	1.02%
CLSK	C	0.96%
TEAM	A	0.93%
RBRK	A	0.88%
FRSH	C	0.88%
CFLT	B	0.87%
DOCU	A	0.87%
HUBS	A	0.86%
NCNO	B	0.85%
FIVN	C	0.85%
QTWO	A	0.83%
PEGA	A	0.81%
CRM	B	0.81%
CRWD	B	0.81%
MARA	C	0.81%
PRO	C	0.79%
RNG	B	0.78%
SOUN	C	0.78%
FTNT	C	0.78%
INTA	A	0.77%
ZM	B	0.76%
OLO	B	0.76%
CWAN	B	0.76%
WK	B	0.76%
PCOR	B	0.76%
BL	B	0.75%
KD	B	0.75%
ALKT	B	0.75%
FICO	B	0.75%
AGYS	A	0.74%
EPAM	C	0.74%
ZS	C	0.74%
NTNX	A	0.73%
ASAN	C	0.73%
APPN	B	0.73%
RPD	C	0.73%
ATEN	B	0.73%
S	B	0.73%
TTWO	A	0.72%
ESTC	C	0.72%
QLYS	C	0.72%
PRGS	A	0.71%
DDOG	A	0.71%
ALTR	B	0.71%
AI	B	0.71%
ADSK	A	0.71%
NOW	A	0.71%
RBLX	C	0.7%
PANW	C	0.7%
DV	C	0.7%
ACIW	B	0.7%
ORCL	B	0.7%
GWRE	A	0.69%
GEN	B	0.69%
PD	C	0.68%
DBX	B	0.68%
SNPS	B	0.68%
CDNS	B	0.68%
VYX	B	0.67%
IOT	A	0.67%
BLND	B	0.67%
MITK	C	0.67%
ZUO	B	0.67%
GTLB	B	0.67%
PLTK	B	0.67%
PTC	A	0.67%
SWI	B	0.66%
RAMP	C	0.66%
ALRM	C	0.66%
WDAY	B	0.66%
INTU	C	0.65%
ANSS	B	0.65%
IT	C	0.65%
PATH	C	0.65%
MANH	D	0.65%
DT	C	0.64%
TENB	C	0.64%
SMAR	A	0.64%
BOX	B	0.63%
BRZE	C	0.63%
SPT	C	0.63%
TDC	D	0.63%
AUR	C	0.63%
OSPN	A	0.63%
DXC	B	0.63%
YEXT	A	0.62%
ASGN	F	0.62%
APPF	B	0.62%
QXO	D	0.62%
CXM	C	0.61%
GDYN	B	0.61%
SEMR	B	0.61%
ADBE	C	0.6%
INFA	D	0.6%
HCP	B	0.6%
ENV	B	0.6%
VRNT	C	0.59%
MLNK	B	0.59%
BSY	D	0.59%
VRNS	D	0.59%
U	C	0.58%
SPSC	C	0.58%
IBUY	A	0.55%
JAMF	F	0.52%
YOU	D	0.52%
WEAV	B	0.46%
ETWO	F	0.44%
CCSI	C	0.4%
ZETA	D	0.39%
DMRC	C	0.39%
LGTY	D	0.26%

XSW Underweight 150 Positions Relative to VFMV

Symbol	Grade	Weight
MCK	B	-1.52%
ADI	D	-1.5%
DOX	D	-1.5%
EQC	B	-1.49%
JNJ	D	-1.49%
ABT	B	-1.49%
PGR	A	-1.48%
PG	A	-1.48%
TXN	C	-1.48%
COR	B	-1.48%
LMT	D	-1.47%
MRK	F	-1.46%
ED	D	-1.44%
CHD	B	-1.44%
TMUS	B	-1.43%
DUK	C	-1.42%
T	A	-1.41%
KO	D	-1.4%
SO	D	-1.38%
NTAP	C	-1.37%
TJX	A	-1.27%
CSCO	B	-1.25%
XOM	B	-1.23%
RSG	A	-1.2%
NOC	D	-1.17%
GD	F	-1.14%
CME	A	-1.14%
MUSA	A	-1.13%
REGN	F	-1.12%
ORLY	B	-1.11%
IDT	B	-1.1%
WMT	A	-1.08%
RTX	C	-1.06%
WM	A	-1.06%
KEX	C	-1.05%
CL	D	-1.05%
CBOE	B	-1.04%
GIS	D	-1.0%
VZ	C	-1.0%
FCN	D	-0.98%
LRN	A	-0.97%
HPQ	B	-0.96%
WTW	B	-0.93%
CVX	A	-0.9%
MGEE	C	-0.89%
HSTM	B	-0.84%
GILD	C	-0.83%
MCD	D	-0.79%
VECO	F	-0.78%
FE	C	-0.77%
BSX	B	-0.75%
UNH	C	-0.75%
ABBV	D	-0.74%
TKO	B	-0.73%
CHE	D	-0.69%
SPOT	B	-0.68%
SAFT	C	-0.67%
CTRE	D	-0.65%
CRUS	D	-0.64%
AVGO	D	-0.64%
GOOGL	C	-0.64%
CAH	B	-0.64%
NSIT	F	-0.56%
WTM	A	-0.54%
AAPL	C	-0.54%
YELP	C	-0.52%
GOOG	C	-0.48%
META	D	-0.47%
GDDY	A	-0.46%
WEC	A	-0.45%
MATX	C	-0.45%
PBH	A	-0.42%
NEU	C	-0.4%
FLO	D	-0.38%
TRV	B	-0.38%
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%
AZO	C	-0.34%
LAUR	A	-0.34%
NVEC	C	-0.33%
THFF	B	-0.33%
PFE	D	-0.32%
LLY	F	-0.32%
BRK.A	B	-0.31%
FANG	D	-0.3%
RLI	B	-0.3%
MDLZ	F	-0.28%
QRVO	F	-0.28%
OLLI	D	-0.26%
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%
DECK	A	-0.2%
IMMR	C	-0.2%
KMI	A	-0.2%
EBF	F	-0.2%
JJSF	B	-0.19%
CASS	B	-0.19%
AEE	A	-0.19%
QNST	B	-0.18%
HQY	B	-0.18%
SPOK	C	-0.15%
FDP	B	-0.15%
AMGN	D	-0.14%
OLED	D	-0.14%
SPNS	F	-0.14%
TW	A	-0.13%
PI	D	-0.12%
CI	F	-0.11%
PSX	C	-0.1%
DGICA	A	-0.1%
TNK	F	-0.09%
AMAT	F	-0.08%
KLAC	D	-0.07%
CNXN	C	-0.07%
CB	C	-0.07%
UNM	A	-0.06%
OSIS	B	-0.06%
JPM	A	-0.05%
AKAM	D	-0.04%
CNA	B	-0.04%
PEBK	B	-0.04%
LANC	C	-0.04%
CLBK	B	-0.04%
GLRE	B	-0.04%
PEP	F	-0.04%
CMS	C	-0.03%
NBIX	C	-0.03%
MSI	B	-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%
MU	D	-0.02%

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