ACWV vs. AUSF ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to Global X Adaptive U.S. Factor ETF (AUSF)

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

$105.11

Average Daily Volume

162,336

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.09

Average Daily Volume

30,467

Number of Holdings ^*

188

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	AUSF
30 Days	1.80%	1.06%
60 Days	0.50%	0.65%
90 Days	3.19%	4.90%
12 Months	7.83%	37.74%

56 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in AUSF	Overlap
ABBV	D	0.51%	0.14%	0.14%
ACI	D	0.06%	1.5%	0.06%
AJG	C	0.3%	1.42%	0.3%
AKAM	D	0.33%	0.09%	0.09%
AMGN	B	0.53%	0.29%	0.29%
BDX	F	0.29%	0.09%	0.09%
BMY	F	0.48%	0.52%	0.48%
BRK.A	D	0.85%	1.49%	0.85%
CAG	B	0.05%	0.51%	0.05%
CHD	A	0.49%	0.13%	0.13%
CME	C	0.24%	1.39%	0.24%
CSCO	D	1.39%	1.26%	1.26%
DGX	B	0.14%	0.24%	0.14%
DUK	A	0.8%	0.11%	0.11%
EA	F	0.54%	1.2%	0.54%
ED	A	1.0%	0.11%	0.11%
GILD	F	0.68%	0.6%	0.6%
IBM	D	0.64%	1.77%	0.64%
JNJ	F	1.11%	1.53%	1.11%
KHC	C	0.4%	0.49%	0.4%
KMB	B	0.34%	0.09%	0.09%
KO	A	0.05%	1.11%	0.05%
KR	B	0.84%	0.13%	0.13%
L	A	0.44%	0.07%	0.07%
LLY	C	0.56%	0.18%	0.18%
LMT	A	0.22%	1.51%	0.22%
MA	D	0.18%	0.07%	0.07%
MCD	F	0.98%	1.34%	0.98%
MCK	B	1.25%	0.42%	0.42%
MDLZ	B	0.29%	0.1%	0.1%
MMC	C	0.88%	1.47%	0.88%
MRK	B	1.65%	1.51%	1.51%
MSI	A	1.5%	0.09%	0.09%
NOC	B	0.31%	0.09%	0.09%
ORLY	D	0.55%	0.08%	0.08%
PEP	B	1.26%	1.03%	1.03%
PFE	D	0.13%	0.54%	0.13%
PG	A	0.88%	0.91%	0.88%
PGR	A	0.73%	0.17%	0.17%
REGN	C	0.82%	0.08%	0.08%
ROP	D	1.35%	1.39%	1.35%
RSG	C	1.23%	1.46%	1.23%
SO	A	0.77%	0.11%	0.11%
T	B	0.21%	1.71%	0.21%
TJX	C	0.32%	0.08%	0.08%
TMUS	B	1.25%	1.52%	1.25%
TRV	D	0.25%	0.12%	0.12%
UNH	C	0.76%	0.07%	0.07%
V	C	0.57%	1.45%	0.57%
VRSN	F	0.32%	1.13%	0.32%
VRTX	C	1.1%	0.09%	0.09%
VZ	D	0.79%	1.9%	0.79%
WM	B	1.54%	1.48%	1.48%
WMT	C	1.42%	1.48%	1.42%
WRB	D	0.2%	0.1%	0.1%
YUM	C	0.25%	0.3%	0.25%

ACWV Overweight 78 Positions Relative to AUSF

Symbol	Grade	Weight
COR	D	0.92%
NVS	B	0.91%
AZO	D	0.79%
HSY	B	0.78%
GIS	C	0.72%
WEC	B	0.68%
KEYS	D	0.62%
XEL	C	0.62%
MSFT	C	0.59%
K	B	0.5%
APH	A	0.5%
EXPD	D	0.5%
GIB	D	0.47%
CHT	C	0.44%
MKL	A	0.44%
HD	D	0.42%
NBIX	B	0.41%
CHKP	D	0.41%
BAH	B	0.4%
CL	A	0.39%
KDP	B	0.39%
HUM	F	0.39%
CB	C	0.39%
FI	C	0.38%
WCN	C	0.38%
ORCL	D	0.37%
DPZ	B	0.37%
SJM	F	0.36%
JNPR	D	0.33%
AEP	A	0.33%
INCY	D	0.31%
HRL	B	0.31%
ERIE	C	0.3%
AON	F	0.29%
FFIV	D	0.29%
CHRW	C	0.27%
BMRN	F	0.26%
UTHR	B	0.26%
CPB	B	0.26%
GEN	F	0.26%
BRO	C	0.25%
CF	F	0.24%
ACN	D	0.24%
ROL	B	0.22%
MFG	D	0.2%
JKHY	D	0.2%
PTC	D	0.2%
CTSH	D	0.19%
ULTA	F	0.18%
MPC	D	0.18%
CI	D	0.16%
MKC	B	0.16%
CMS	A	0.16%
LNG	D	0.13%
GDDY	A	0.13%
CTVA	B	0.13%
ACGL	A	0.13%
MNST	D	0.13%
EG	C	0.11%
BVN	B	0.11%
AIZ	D	0.11%
NEM	B	0.11%
AEE	C	0.1%
TDY	D	0.1%
ABT	F	0.1%
WIT	D	0.1%
ELV	A	0.1%
AZPN	D	0.09%
PCG	B	0.09%
WIT	D	0.08%
ODFL	F	0.08%
HSIC	D	0.07%
CLX	F	0.07%
FICO	C	0.07%
EVRG	B	0.06%
GPC	B	0.06%
HOLX	D	0.05%
ZTO	C	0.05%

ACWV Underweight 132 Positions Relative to AUSF

Symbol	Grade	Weight
GD	A	-1.49%
LIN	D	-1.38%
DOX	D	-1.35%
NSIT	A	-1.01%
CBOE	C	-0.87%
BR	D	-0.79%
MO	A	-0.61%
KMI	A	-0.59%
WMB	A	-0.58%
DTM	A	-0.57%
CHE	D	-0.56%
SYF	B	-0.56%
FHN	A	-0.55%
COLB	C	-0.55%
GLW	B	-0.54%
JXN	A	-0.54%
ETRN	B	-0.54%
OGN	B	-0.54%
ALB	C	-0.54%
ONB	A	-0.54%
OZK	B	-0.54%
AME	D	-0.54%
PRGO	C	-0.54%
FNB	A	-0.53%
ALLY	B	-0.53%
CADE	B	-0.53%
FMC	B	-0.53%
WAL	B	-0.53%
OMF	B	-0.53%
KBH	B	-0.53%
ZION	B	-0.53%
MAN	B	-0.53%
FITB	A	-0.53%
VTRS	C	-0.52%
AL	B	-0.52%
RDN	C	-0.52%
PNC	B	-0.52%
KRC	F	-0.52%
GM	B	-0.52%
MTB	A	-0.52%
PB	B	-0.52%
CFG	A	-0.52%
TXN	A	-0.52%
AVT	A	-0.52%
C	A	-0.52%
MTG	B	-0.52%
CRBG	A	-0.52%
UAL	B	-0.52%
LBRDK	F	-0.52%
UBSI	D	-0.51%
AM	A	-0.51%
AGNC	C	-0.51%
UNM	B	-0.51%
KEY	C	-0.51%
USB	D	-0.51%
COF	B	-0.51%
RPRX	F	-0.51%
F	D	-0.51%
HBAN	A	-0.51%
WFC	A	-0.51%
CMA	B	-0.51%
RF	B	-0.51%
HPQ	C	-0.5%
SIG	D	-0.5%
CE	C	-0.5%
ARW	B	-0.5%
CMC	C	-0.5%
SNX	A	-0.5%
MDT	D	-0.5%
STWD	C	-0.5%
IP	C	-0.5%
ADM	C	-0.49%
ABG	C	-0.49%
LYB	C	-0.49%
OKE	B	-0.49%
BKR	D	-0.49%
CHK	B	-0.49%
NOV	D	-0.49%
M	D	-0.49%
EMN	A	-0.49%
BG	B	-0.48%
LAD	D	-0.48%
CIVI	B	-0.48%
BCC	D	-0.48%
CHRD	B	-0.48%
GPS	D	-0.48%
CMCSA	D	-0.48%
HPE	D	-0.48%
WBS	D	-0.48%
AGCO	F	-0.47%
HP	F	-0.47%
BBY	D	-0.47%
MOS	F	-0.46%
PTEN	F	-0.46%
X	D	-0.46%
TAP	F	-0.45%
INTC	F	-0.42%
CVS	F	-0.39%
PSX	D	-0.25%
CACI	A	-0.17%
EME	A	-0.16%
SAIC	C	-0.12%
SNA	D	-0.12%
TW	A	-0.12%
GRMN	A	-0.1%
CAH	F	-0.1%
LDOS	A	-0.1%
RTX	A	-0.1%
CASY	A	-0.1%
COST	B	-0.1%
HII	D	-0.09%
XOM	B	-0.09%
ORI	A	-0.09%
AFL	A	-0.09%
HON	C	-0.09%
FDS	D	-0.08%
BSX	B	-0.08%
ADP	D	-0.08%
VRSK	B	-0.08%
DRI	F	-0.08%
QGEN	C	-0.08%
AAPL	B	-0.08%
SON	C	-0.08%
ICE	C	-0.08%
CVX	B	-0.08%
ATR	A	-0.08%
PNW	B	-0.08%
PKG	D	-0.07%
HIG	C	-0.07%
DLB	C	-0.07%
PCAR	D	-0.06%
NEU	D	-0.06%