ESMV vs. EMLP ETF Comparison

Comparison of iShares ESG MSCI USA Min Vol Factor ETF (ESMV) to First Trust North American Energy Infrastructure Fund (EMLP)

ESMV

iShares ESG MSCI USA Min Vol Factor ETF

ESMV Description

iShares ESG MSCI USA Min Vol Factor ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in less volatile stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index, by using representative sampling technique. iShares ESG MSCI USA Min Vol Factor ETF is domiciled in the United States

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

4,983

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

EMLP

First Trust North American Energy Infrastructure Fund

EMLP Description

The investment seeks total return. The fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of companies deemed by the sub-advisor to be engaged in the energy infrastructure sector. These companies principally include publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs"), MLP affiliates, Canadian income trusts and their successor companies, pipeline companies, utilities, and other companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$37.78

Average Daily Volume

162,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ESMV	EMLP
30 Days	2.11%	9.99%
60 Days	2.84%	12.10%
90 Days	4.91%	16.42%
12 Months	24.44%	42.23%

8 Overlapping Holdings

Symbol	Grade	Weight in ESMV	Weight in EMLP	Overlap
AWK	D	0.22%	0.05%	0.05%
CMS	C	0.58%	0.97%	0.58%
EXC	C	0.05%	0.09%	0.05%
NEE	D	0.5%	0.46%	0.46%
OKE	A	1.24%	5.41%	1.24%
PEG	A	1.64%	2.29%	1.64%
SRE	A	0.53%	4.15%	0.53%
TRGP	B	0.82%	3.47%	0.82%

ESMV Overweight 142 Positions Relative to EMLP

Symbol	Grade	Weight
MSI	B	1.81%
NVDA	C	1.69%
GWW	B	1.68%
IBM	C	1.66%
TMUS	B	1.65%
TRV	B	1.64%
CSCO	B	1.48%
WM	A	1.44%
NOC	D	1.43%
ADP	B	1.43%
MMC	B	1.4%
TXN	C	1.39%
VRTX	F	1.39%
HD	A	1.39%
MCK	B	1.38%
VZ	C	1.37%
UNH	C	1.36%
MSFT	F	1.34%
ACN	C	1.33%
PGR	A	1.33%
EA	A	1.31%
ROP	B	1.31%
HES	B	1.3%
FERG	B	1.3%
GILD	C	1.29%
ED	D	1.26%
LLY	F	1.25%
TT	A	1.23%
GIS	D	1.22%
CL	D	1.21%
AMGN	D	1.2%
ORCL	B	1.19%
V	A	1.13%
CDNS	B	1.11%
KR	B	1.09%
SPGI	C	1.07%
PG	A	1.06%
MCD	D	1.02%
VLTO	D	1.01%
MRK	F	1.01%
PEP	F	1.01%
NEM	D	0.99%
MA	C	0.97%
JNJ	D	0.97%
ADBE	C	0.93%
LOW	D	0.89%
K	A	0.86%
KEYS	A	0.83%
KO	D	0.79%
PTC	A	0.78%
WDAY	B	0.77%
HUBS	A	0.77%
COR	B	0.77%
HPE	B	0.75%
CRH	A	0.75%
CRM	B	0.74%
EQIX	A	0.74%
IT	C	0.72%
DGX	A	0.7%
HON	B	0.69%
REGN	F	0.65%
ZTS	D	0.63%
KMB	D	0.55%
FICO	B	0.54%
AAPL	C	0.52%
ELV	F	0.51%
HOLX	D	0.51%
CBRE	B	0.51%
CHRW	C	0.49%
JNPR	F	0.45%
CI	F	0.44%
MELI	D	0.44%
RTX	C	0.43%
CME	A	0.43%
UBER	D	0.42%
AZO	C	0.41%
DECK	A	0.41%
CHD	B	0.41%
ODFL	B	0.4%
ES	D	0.4%
T	A	0.4%
ICE	C	0.39%
YUM	B	0.39%
GEN	B	0.38%
STX	D	0.36%
HRL	D	0.35%
KHC	F	0.34%
CLX	B	0.34%
FI	A	0.34%
INTC	D	0.34%
CVX	A	0.34%
AMCR	D	0.34%
CPB	D	0.33%
SNPS	B	0.33%
NXPI	D	0.32%
ECL	D	0.32%
VRSN	F	0.32%
PSX	C	0.32%
HUM	C	0.31%
CNH	C	0.31%
BR	A	0.31%
CTSH	B	0.3%
AKAM	D	0.3%
LKQ	D	0.3%
BMY	B	0.28%
ALNY	D	0.28%
TSCO	D	0.27%
INCY	C	0.26%
AJG	B	0.25%
XYL	D	0.25%
JCI	C	0.24%
FCNCA	A	0.24%
ADSK	A	0.23%
OTIS	C	0.21%
FSLR	F	0.19%
AIZ	A	0.19%
GDDY	A	0.19%
RSG	A	0.18%
INTU	C	0.18%
WTW	B	0.17%
ULTA	F	0.17%
NOW	A	0.17%
AZPN	A	0.17%
KDP	D	0.16%
UPS	C	0.15%
NTAP	C	0.15%
TEAM	A	0.14%
DPZ	C	0.13%
JKHY	D	0.13%
FFIV	B	0.12%
MKC	D	0.12%
SOLV	C	0.11%
LDOS	C	0.11%
MPC	D	0.1%
LIN	D	0.1%
CMCSA	B	0.09%
FAST	B	0.08%
CAH	B	0.08%
KNX	B	0.07%
TJX	A	0.06%
HII	D	0.06%
AON	A	0.06%

ESMV Underweight 43 Positions Relative to EMLP

Symbol	Grade	Weight
EPD	A	-8.77%
ET	A	-7.17%
KMI	A	-4.87%
DTM	B	-4.56%
PAGP	A	-4.53%
MPLX	A	-3.98%
NFG	A	-2.89%
WMB	A	-2.46%
PPL	B	-2.43%
AEP	D	-2.27%
PWR	A	-2.24%
ATO	A	-1.61%
LNG	B	-1.6%
AES	F	-1.46%
LNT	A	-1.43%
VST	B	-1.34%
ETR	B	-1.28%
SUN	B	-1.24%
DTE	C	-1.22%
XEL	A	-1.15%
FLR	B	-1.14%
CQP	B	-1.05%
OGS	A	-1.02%
WEC	A	-1.01%
EVRG	A	-0.82%
CNP	B	-0.81%
D	C	-0.76%
WLKP	A	-0.76%
DUK	C	-0.69%
HESM	B	-0.62%
NEP	F	-0.58%
AROC	B	-0.57%
IDA	A	-0.52%
CWEN	C	-0.52%
WTRG	B	-0.51%
SO	D	-0.45%
NJR	A	-0.44%
AEE	A	-0.28%
CEG	D	-0.26%
CPK	A	-0.24%
USAC	B	-0.11%
UGI	A	-0.08%
ENLC	A	-0.0%