ACWV vs. INCM ETF Comparison

Comparison of iShares MSCI All Country World Minimum Volatility Index Fund (ACWV) to Franklin Income Focus ETF (INCM)

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

$113.95

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

INCM

Franklin Income Focus ETF

INCM Description

Under normal market conditions, the fund invests in a diversified portfolio of debt and equity securities. The fund may invest up to 30% of its assets in equity index-linked notes, with respect to which interest payments are typically derived from the implied volatility of an equity index (e.g., the S&P 500 Index) and 10% of its assets in equity linked notes (ELNs).

Grade (RS Rating)

Last Trade

$26.99

Average Daily Volume

143,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ACWV	INCM
30 Days	0.32%	0.27%
60 Days	-0.25%	0.52%
90 Days	1.23%	1.34%
12 Months	18.77%	13.81%

14 Overlapping Holdings

Symbol	Grade	Weight in ACWV	Weight in INCM	Overlap
ABBV	D	0.49%	0.74%	0.49%
CSCO	B	1.57%	0.54%	0.54%
DUK	C	0.81%	1.13%	0.81%
JNJ	D	1.05%	1.22%	1.05%
KO	D	0.05%	0.75%	0.05%
LMT	D	0.23%	0.9%	0.23%
MRK	F	1.06%	0.01%	0.01%
MSFT	F	0.76%	0.15%	0.15%
PEP	F	1.08%	0.75%	0.75%
PG	A	0.82%	1.04%	0.82%
SO	D	0.8%	0.81%	0.8%
VZ	C	0.76%	0.74%	0.74%
XEL	A	0.11%	0.3%	0.11%
XOM	B	0.1%	1.51%	0.1%

ACWV Overweight 125 Positions Relative to INCM

Symbol	Grade	Weight
TMUS	B	2.03%
MSI	B	1.88%
WMT	A	1.82%
WM	A	1.5%
MCK	B	1.42%
ROP	B	1.36%
RSG	A	1.19%
VRTX	F	1.13%
COR	B	1.05%
MCD	D	1.02%
BRK.A	B	0.91%
CB	C	0.88%
MMC	B	0.88%
PGR	A	0.84%
ED	D	0.84%
UNH	C	0.83%
KR	B	0.83%
NOC	D	0.77%
AZO	C	0.77%
IBM	C	0.73%
WEC	A	0.68%
GDDY	A	0.64%
EA	A	0.63%
ORLY	B	0.62%
REGN	F	0.61%
GIS	D	0.61%
V	A	0.59%
K	A	0.57%
ACGL	D	0.57%
CBOE	B	0.54%
APH	A	0.54%
ORCL	B	0.54%
LLY	F	0.52%
GILD	C	0.48%
FI	A	0.48%
CHD	B	0.46%
HSY	F	0.44%
MKL	A	0.43%
ELV	F	0.42%
WRB	A	0.41%
KEYS	A	0.41%
L	A	0.4%
UTHR	C	0.4%
WCN	A	0.39%
INCY	C	0.38%
CHT	D	0.37%
TJX	A	0.37%
BAH	F	0.37%
KDP	D	0.36%
FFIV	B	0.36%
CL	D	0.35%
VRSN	F	0.35%
AON	A	0.35%
AMGN	D	0.34%
KHC	F	0.33%
AJG	B	0.33%
TRV	B	0.32%
TSN	B	0.32%
JNPR	F	0.32%
NBIX	C	0.31%
HUM	C	0.31%
BRO	B	0.3%
GEN	B	0.3%
KMB	D	0.3%
AKAM	D	0.27%
SJM	D	0.27%
T	A	0.26%
ACN	C	0.26%
ERIE	D	0.26%
MDLZ	F	0.25%
BMY	B	0.25%
CF	B	0.25%
CI	F	0.24%
YUM	B	0.24%
FCNCA	A	0.23%
CME	A	0.23%
HRL	D	0.23%
FWONK	B	0.22%
PTC	A	0.22%
BDX	F	0.22%
CPB	D	0.22%
CTSH	B	0.21%
ROL	B	0.21%
MFG	B	0.21%
JKHY	D	0.2%
MA	C	0.19%
BMRN	D	0.19%
DPZ	C	0.19%
CAH	B	0.18%
GD	F	0.18%
LNG	B	0.16%
ULTA	F	0.16%
CMS	C	0.16%
MPC	D	0.15%
DGX	A	0.15%
AIZ	A	0.13%
WIT	A	0.12%
CTVA	C	0.12%
MOH	F	0.12%
FICO	B	0.12%
MNST	C	0.12%
AZPN	A	0.11%
TDY	B	0.11%
AEE	A	0.11%
EG	C	0.1%
WTW	B	0.1%
WDAY	B	0.1%
PCG	A	0.1%
ABT	B	0.1%
TPL	A	0.1%
NEM	D	0.09%
TRGP	B	0.08%
AEP	D	0.07%
IT	C	0.07%
KNX	B	0.06%
ANET	C	0.06%
DINO	D	0.06%
FANG	D	0.06%
CHRW	C	0.06%
CAG	D	0.05%
GPC	D	0.05%
HOLX	D	0.05%
ACI	C	0.05%
HSIC	B	0.05%
HKD	F	0.0%

ACWV Underweight 28 Positions Relative to INCM

Symbol	Grade	Weight
CVX	A	-1.71%
JPM	A	-1.54%
BAC	A	-1.17%
ADI	D	-0.98%
PM	B	-0.92%
HON	B	-0.86%
APD	A	-0.81%
HD	A	-0.81%
USB	A	-0.81%
JCI	C	-0.78%
BHP	F	-0.76%
PFE	D	-0.69%
TTE	F	-0.66%
TFC	A	-0.66%
ALB	C	-0.63%
RTX	C	-0.59%
ITW	B	-0.56%
NEE	D	-0.51%
SBUX	A	-0.49%
NEE	D	-0.47%
MCHP	D	-0.45%
COP	C	-0.41%
MS	A	-0.4%
BA	F	-0.39%
SRE	A	-0.3%
EIX	B	-0.28%
C	A	-0.01%
CMCSA	B	-0.0%