ACWV vs. ACWX ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to iShares MSCI ACWI ex US Index Fund (ACWX)

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. 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. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$111.84

Average Daily Volume

130,779

Number of Holdings ^*

138

* may have additional holdings in another (foreign) market

ACWX

iShares MSCI ACWI ex US Index Fund

ACWX Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index ex USA (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.56

Average Daily Volume

703,979

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	ACWX
30 Days	-2.45%	-4.47%
60 Days	-1.44%	-2.13%
90 Days	3.20%	4.60%
12 Months	21.20%	22.08%

3 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in ACWX	Overlap
CHT	D	0.37%	0.05%	0.05%
MFG	A	0.19%	0.18%	0.18%
WIT	B	0.11%	0.03%	0.03%

ACWV Overweight 135 Positions Relative to ACWX

Symbol	Grade	Weight
TMUS	B	1.85%
MSI	C	1.77%
WMT	A	1.75%
CSCO	B	1.52%
WM	A	1.41%
ROP	D	1.31%
MCK	F	1.16%
RSG	D	1.14%
PEP	D	1.13%
MRK	F	1.13%
JNJ	D	1.11%
VRTX	A	1.1%
MCD	C	1.06%
COR	D	1.0%
ED	C	0.93%
CB	C	0.9%
BRK.A	D	0.89%
MMC	D	0.87%
DUK	C	0.86%
SO	B	0.85%
PG	D	0.82%
IBM	C	0.8%
PGR	D	0.8%
UNH	D	0.79%
NOC	D	0.79%
KR	B	0.79%
AZO	C	0.77%
VZ	D	0.76%
MSFT	D	0.75%
REGN	F	0.74%
WEC	B	0.69%
GIS	D	0.65%
ACGL	D	0.61%
LLY	D	0.6%
ORLY	C	0.6%
CBOE	A	0.57%
K	A	0.56%
GDDY	A	0.56%
EA	A	0.55%
V	A	0.54%
ABBV	A	0.54%
ORCL	B	0.5%
APH	B	0.49%
HSY	F	0.45%
GILD	A	0.45%
FI	B	0.45%
ELV	F	0.43%
CHD	D	0.43%
KEYS	C	0.41%
MKL	C	0.4%
L	C	0.39%
BAH	A	0.39%
KDP	F	0.39%
WRB	C	0.39%
CL	D	0.38%
UTHR	A	0.38%
WCN	D	0.38%
AMGN	C	0.37%
KHC	D	0.36%
TJX	D	0.35%
VRSN	F	0.35%
AON	A	0.33%
TRV	B	0.32%
INCY	A	0.32%
AKAM	C	0.32%
AJG	D	0.32%
JNPR	A	0.32%
FFIV	A	0.32%
KMB	D	0.31%
ERIE	D	0.3%
TSN	D	0.29%
HUM	F	0.29%
NBIX	D	0.29%
BRO	B	0.28%
SJM	F	0.28%
GEN	A	0.27%
ACN	C	0.26%
MDLZ	D	0.26%
LMT	D	0.25%
T	A	0.25%
HRL	F	0.24%
CF	D	0.24%
YUM	D	0.23%
CI	F	0.23%
BDX	D	0.23%
CME	A	0.23%
CPB	D	0.23%
FCNCA	C	0.22%
BMY	A	0.22%
FWONK	B	0.21%
JKHY	B	0.21%
ROL	D	0.21%
PTC	A	0.21%
CTSH	D	0.2%
BMRN	F	0.2%
DPZ	D	0.19%
GD	C	0.19%
MA	B	0.18%
CAH	D	0.17%
CMS	C	0.17%
MPC	F	0.15%
DGX	A	0.15%
ULTA	F	0.15%
NEM	D	0.13%
LNG	A	0.13%
MNST	C	0.12%
CTVA	A	0.12%
FICO	B	0.11%
MOH	D	0.11%
AIZ	D	0.11%
TDY	B	0.1%
PCG	B	0.1%
XOM	C	0.1%
AZPN	B	0.1%
XEL	A	0.1%
ABT	C	0.1%
EG	F	0.1%
AEE	B	0.1%
WTW	A	0.09%
WDAY	F	0.09%
TPL	A	0.08%
AEP	D	0.07%
IT	C	0.07%
HSIC	D	0.06%
ANET	B	0.06%
CHRW	C	0.06%
DINO	F	0.06%
FANG	F	0.06%
TRGP	A	0.06%
ACI	F	0.05%
CAG	D	0.05%
HOLX	C	0.05%
KNX	C	0.05%
KO	D	0.05%
GPC	F	0.04%

ACWV Underweight 22 Positions Relative to ACWX

Symbol	Grade	Weight
BABA	B	-0.68%
TM	D	-0.65%
MUFG	A	-0.42%
SONY	F	-0.41%
HDB	B	-0.33%
SMFG	C	-0.29%
IBN	A	-0.29%
HMC	F	-0.17%
TCOM	A	-0.13%
BIDU	F	-0.09%
NMR	F	-0.06%
LI	C	-0.06%
YUMC	A	-0.06%
UMC	F	-0.06%
BGNE	C	-0.04%
NIO	D	-0.03%
XPEV	B	-0.03%
TME	D	-0.03%
BILI	A	-0.02%
MBAVU	C	-0.02%
AGCO	C	-0.02%
MNSO	A	-0.01%