ESMV vs. FHEQ ETF Comparison

Comparison of iShares ESG MSCI USA Min Vol Factor ETF (ESMV) to Fidelity Hedged Equity ETF (FHEQ)

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

FHEQ

Fidelity Hedged Equity ETF

FHEQ Description

FHEQ is actively managed, investing in equity securities with market caps similar to the S&P 500 and Russell 1000. The fund utilizes quantitative analysis and options for downside protection.

Grade (RS Rating)

Last Trade

$27.87

Average Daily Volume

24,517

Number of Holdings ^*

168

* may have additional holdings in another (foreign) market

Performance

Period	ESMV	FHEQ
30 Days	2.11%	2.51%
60 Days	2.84%	3.80%
90 Days	4.91%	4.54%
12 Months	24.44%

50 Overlapping Holdings

Symbol	Grade	Weight in ESMV	Weight in FHEQ	Overlap
AAPL	C	0.52%	7.31%	0.52%
ADBE	C	0.93%	0.93%	0.93%
ADP	B	1.43%	0.16%	0.16%
AMGN	D	1.2%	0.24%	0.24%
BMY	B	0.28%	0.68%	0.28%
CAH	B	0.08%	0.4%	0.08%
CI	F	0.44%	0.63%	0.44%
CL	D	1.21%	0.58%	0.58%
CLX	B	0.34%	0.2%	0.2%
CMCSA	B	0.09%	0.83%	0.09%
CME	A	0.43%	0.37%	0.37%
CRM	B	0.74%	1.09%	0.74%
CSCO	B	1.48%	0.79%	0.79%
CVX	A	0.34%	0.02%	0.02%
ECL	D	0.32%	0.62%	0.32%
GEN	B	0.38%	0.13%	0.13%
GILD	C	1.29%	0.73%	0.73%
HD	A	1.39%	1.32%	1.32%
INCY	C	0.26%	0.27%	0.26%
JNJ	D	0.97%	0.61%	0.61%
KR	B	1.09%	0.11%	0.11%
LDOS	C	0.11%	0.32%	0.11%
LLY	F	1.25%	0.76%	0.76%
MA	C	0.97%	1.34%	0.97%
MMC	B	1.4%	0.52%	0.52%
MRK	F	1.01%	0.69%	0.69%
MSFT	F	1.34%	5.64%	1.34%
MSI	B	1.81%	0.26%	0.26%
NEE	D	0.5%	0.73%	0.5%
NOC	D	1.43%	0.56%	0.56%
NOW	A	0.17%	0.34%	0.17%
NVDA	C	1.69%	7.27%	1.69%
ORCL	B	1.19%	0.04%	0.04%
PG	A	1.06%	0.87%	0.87%
PGR	A	1.33%	0.63%	0.63%
RSG	A	0.18%	0.2%	0.18%
RTX	C	0.43%	0.44%	0.43%
SOLV	C	0.11%	0.12%	0.11%
SPGI	C	1.07%	0.28%	0.28%
T	A	0.4%	0.67%	0.4%
TJX	A	0.06%	0.73%	0.06%
TMUS	B	1.65%	0.29%	0.29%
TRV	B	1.64%	0.49%	0.49%
TT	A	1.23%	0.69%	0.69%
UBER	D	0.42%	0.14%	0.14%
UNH	C	1.36%	0.57%	0.57%
V	A	1.13%	0.47%	0.47%
VZ	C	1.37%	0.18%	0.18%
WDAY	B	0.77%	0.16%	0.16%
WM	A	1.44%	0.38%	0.38%

ESMV Overweight 100 Positions Relative to FHEQ

Symbol	Grade	Weight
GWW	B	1.68%
IBM	C	1.66%
PEG	A	1.64%
TXN	C	1.39%
VRTX	F	1.39%
MCK	B	1.38%
ACN	C	1.33%
EA	A	1.31%
ROP	B	1.31%
HES	B	1.3%
FERG	B	1.3%
ED	D	1.26%
OKE	A	1.24%
GIS	D	1.22%
CDNS	B	1.11%
MCD	D	1.02%
VLTO	D	1.01%
PEP	F	1.01%
NEM	D	0.99%
LOW	D	0.89%
K	A	0.86%
KEYS	A	0.83%
TRGP	B	0.82%
KO	D	0.79%
PTC	A	0.78%
HUBS	A	0.77%
COR	B	0.77%
HPE	B	0.75%
CRH	A	0.75%
EQIX	A	0.74%
IT	C	0.72%
DGX	A	0.7%
HON	B	0.69%
REGN	F	0.65%
ZTS	D	0.63%
CMS	C	0.58%
KMB	D	0.55%
FICO	B	0.54%
SRE	A	0.53%
ELV	F	0.51%
HOLX	D	0.51%
CBRE	B	0.51%
CHRW	C	0.49%
JNPR	F	0.45%
MELI	D	0.44%
AZO	C	0.41%
DECK	A	0.41%
CHD	B	0.41%
ODFL	B	0.4%
ES	D	0.4%
ICE	C	0.39%
YUM	B	0.39%
STX	D	0.36%
HRL	D	0.35%
KHC	F	0.34%
FI	A	0.34%
INTC	D	0.34%
AMCR	D	0.34%
CPB	D	0.33%
SNPS	B	0.33%
NXPI	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%
ALNY	D	0.28%
TSCO	D	0.27%
AJG	B	0.25%
XYL	D	0.25%
JCI	C	0.24%
FCNCA	A	0.24%
ADSK	A	0.23%
AWK	D	0.22%
OTIS	C	0.21%
FSLR	F	0.19%
AIZ	A	0.19%
GDDY	A	0.19%
INTU	C	0.18%
WTW	B	0.17%
ULTA	F	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%
MPC	D	0.1%
LIN	D	0.1%
FAST	B	0.08%
KNX	B	0.07%
HII	D	0.06%
AON	A	0.06%
EXC	C	0.05%

ESMV Underweight 118 Positions Relative to FHEQ

Symbol	Grade	Weight
AMZN	C	-3.64%
META	D	-2.87%
BRK.A	B	-2.19%
GOOGL	C	-2.02%
JPM	A	-1.82%
GOOG	C	-1.74%
XOM	B	-1.54%
AVGO	D	-1.49%
TSLA	B	-1.26%
NFLX	A	-1.26%
BAC	A	-1.17%
ABBV	D	-1.0%
PM	B	-0.92%
QCOM	F	-0.84%
WMT	A	-0.8%
UNP	C	-0.73%
AMAT	F	-0.7%
LMT	D	-0.69%
CTAS	B	-0.66%
SQ	B	-0.59%
BDX	F	-0.59%
DIS	B	-0.57%
SCHW	B	-0.56%
PFE	D	-0.56%
SEIC	B	-0.54%
C	A	-0.54%
PYPL	B	-0.54%
KLAC	D	-0.54%
DVN	F	-0.53%
ZM	B	-0.52%
CVNA	B	-0.52%
TXT	D	-0.51%
DBX	B	-0.51%
MSCI	C	-0.49%
CMG	B	-0.49%
CAT	B	-0.48%
MU	D	-0.47%
ZBRA	B	-0.47%
GE	D	-0.45%
IGT	F	-0.45%
COST	B	-0.45%
ALLE	D	-0.44%
EOG	A	-0.43%
CSX	B	-0.43%
AXP	A	-0.43%
EXEL	B	-0.43%
PCAR	B	-0.42%
ALRM	C	-0.4%
BK	A	-0.36%
TDC	D	-0.35%
PPG	F	-0.34%
ANF	C	-0.33%
NUE	C	-0.32%
MEDP	D	-0.31%
GRMN	B	-0.31%
CACI	D	-0.3%
SKYW	B	-0.29%
HWM	A	-0.27%
TMO	F	-0.26%
IDXX	F	-0.26%
NSC	B	-0.26%
FTNT	C	-0.24%
AMT	D	-0.24%
BLK	C	-0.23%
TROW	B	-0.23%
LRCX	F	-0.23%
LHX	C	-0.23%
AME	A	-0.22%
MGM	D	-0.22%
CVS	D	-0.22%
MMM	D	-0.22%
BIIB	F	-0.21%
XEL	A	-0.21%
GL	B	-0.2%
PSA	D	-0.19%
GAP	C	-0.18%
DOCU	A	-0.18%
HLT	A	-0.18%
GEHC	F	-0.17%
LNW	D	-0.17%
FTI	A	-0.17%
SPG	B	-0.16%
MS	A	-0.16%
PEGA	A	-0.16%
F	C	-0.15%
TPH	D	-0.15%
ETN	A	-0.15%
WFC	A	-0.15%
DASH	A	-0.12%
VEEV	C	-0.12%
CINF	A	-0.12%
NBIX	C	-0.11%
BBWI	D	-0.11%
QRVO	F	-0.11%
VST	B	-0.11%
ROST	C	-0.1%
PLTK	B	-0.1%
MKL	A	-0.09%
BAH	F	-0.09%
ANET	C	-0.08%
DOC	D	-0.08%
ALL	A	-0.07%
BCC	B	-0.07%
MDLZ	F	-0.07%
L	A	-0.07%
TENB	C	-0.06%
CRUS	D	-0.06%
LYFT	C	-0.06%
BLD	D	-0.05%
UTHR	C	-0.05%
QGEN	D	-0.04%
SCCO	F	-0.04%
LPLA	A	-0.03%
MHO	D	-0.02%
TWLO	A	-0.02%
UNM	A	-0.01%
NWL	B	-0.01%
OGE	B	-0.01%