ETHO vs. USMV ETF Comparison

Comparison of Etho Climate Leadership U.S. ETF (ETHO) to iShares MSCI USA Minimum Volatility ETF (USMV)

ETHO

Etho Climate Leadership U.S. ETF

ETHO Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Etho Climate Leadership Index - US (the "index"). The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. "Carbon impact" is calculated based on the total greenhouse gas ("GHG") emissions from a company&#39;s operations, fuel use, supply chain, and business activities, divided by the company&#39;s market capitalization. The fund will invest at least 80% of its total assets in the component securities of the index.

Grade (RS Rating)

Last Trade

$56.50

Average Daily Volume

5,406

Number of Holdings ^*

286

* may have additional holdings in another (foreign) market

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. 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. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$83.90

Average Daily Volume

1,685,215

Number of Holdings ^*

169

* may have additional holdings in another (foreign) market

Performance

Period	ETHO	USMV
30 Days	1.49%	3.28%
60 Days	2.05%	3.59%
90 Days	-3.17%	0.79%
12 Months	7.74%	16.19%

39 Overlapping Holdings

Symbol	Grade	Weight in ETHO	Weight in USMV	Overlap
AAPL	B	0.44%	0.99%	0.44%
ADI	B	0.42%	0.27%	0.27%
AJG	B	0.38%	1.24%	0.38%
ALNY	B	0.57%	0.16%	0.16%
AMGN	B	0.4%	0.71%	0.4%
ANET	A	0.42%	0.28%	0.28%
BMRN	C	0.35%	0.33%	0.33%
CDNS	B	0.36%	0.2%	0.2%
CDW	D	0.32%	0.51%	0.32%
CHD	C	0.36%	0.42%	0.36%
CRM	D	0.29%	0.04%	0.04%
CSCO	C	0.34%	1.3%	0.34%
EA	B	0.38%	0.8%	0.38%
FFIV	C	0.32%	0.43%	0.32%
GDDY	B	0.43%	0.8%	0.43%
HUBS	C	0.34%	0.22%	0.22%
IT	B	0.34%	0.33%	0.33%
KMB	B	0.39%	0.24%	0.24%
KR	D	0.31%	0.57%	0.31%
MA	D	0.34%	0.66%	0.34%
MRK	C	0.36%	1.48%	0.36%
MSFT	B	0.39%	1.55%	0.39%
NBIX	C	0.35%	0.39%	0.35%
NOW	B	0.36%	0.58%	0.36%
NTAP	A	0.44%	0.25%	0.25%
NVDA	B	0.5%	0.64%	0.5%
PFE	C	0.36%	0.24%	0.24%
PTC	C	0.34%	0.52%	0.34%
TJX	A	0.39%	0.45%	0.39%
TMUS	B	0.39%	1.6%	0.39%
TXN	B	0.4%	1.44%	0.4%
UTHR	A	0.5%	0.13%	0.13%
V	D	0.35%	0.86%	0.35%
VRSK	A	0.42%	0.43%	0.42%
VRSN	C	0.34%	0.7%	0.34%
VRTX	B	0.41%	0.79%	0.41%
VZ	B	0.35%	1.41%	0.35%
WDAY	D	0.29%	0.39%	0.29%
WRB	C	0.33%	0.3%	0.3%

ETHO Overweight 247 Positions Relative to USMV

Symbol	Grade	Weight
AGIO	B	0.55%
TPIC	D	0.53%
MRNA	D	0.47%
TER	B	0.47%
SFM	A	0.46%
PSTG	B	0.44%
MPWR	B	0.44%
AMKR	B	0.44%
OLED	A	0.44%
BE	C	0.43%
GKOS	A	0.43%
QCOM	C	0.43%
PODD	C	0.43%
LEVI	C	0.42%
BMI	D	0.42%
NYT	A	0.42%
MATX	A	0.42%
PLNT	B	0.42%
KLAC	B	0.42%
CAKE	B	0.41%
AMAT	B	0.41%
CMG	C	0.41%
CARS	B	0.41%
PTGX	B	0.4%
ELAN	C	0.4%
LII	B	0.4%
SMAR	B	0.4%
CGNX	C	0.4%
CWT	C	0.4%
MXL	B	0.4%
EXTR	C	0.4%
NFLX	B	0.4%
BRC	B	0.4%
BKNG	A	0.4%
LFUS	C	0.39%
ESI	B	0.39%
TTWO	B	0.39%
FTDR	C	0.39%
KRO	C	0.39%
CTS	B	0.39%
IONS	B	0.39%
PIPR	A	0.39%
LRCX	B	0.39%
IDCC	B	0.39%
CARG	B	0.39%
MMSI	A	0.39%
BRO	B	0.38%
ADBE	B	0.38%
LPLA	B	0.38%
HLNE	B	0.38%
CROX	B	0.38%
EPC	B	0.38%
DEA	B	0.38%
AWK	B	0.38%
XYL	C	0.38%
HASI	C	0.38%
TSLA	C	0.38%
LQDT	B	0.38%
AXP	C	0.37%
CBSH	C	0.37%
PAYX	D	0.37%
PFSI	A	0.37%
YETI	D	0.37%
MOD	C	0.37%
VCYT	C	0.37%
SHOO	B	0.37%
NMIH	A	0.37%
BURL	B	0.37%
LITE	B	0.37%
DECK	B	0.37%
INGR	D	0.36%
SCSC	C	0.36%
HWC	C	0.36%
AGNC	B	0.36%
SASR	B	0.36%
LZB	B	0.36%
MSEX	D	0.36%
ZTS	C	0.36%
AWR	D	0.36%
VOYA	D	0.36%
BERY	D	0.36%
BKU	C	0.36%
SCS	B	0.36%
ROG	C	0.36%
COLM	D	0.36%
ATR	D	0.36%
ROST	B	0.36%
EPRT	A	0.36%
ENTG	B	0.35%
JKHY	B	0.35%
COLB	D	0.35%
AAON	B	0.35%
DDOG	B	0.35%
BOKF	C	0.35%
DFS	A	0.35%
COHU	B	0.35%
FIBK	C	0.35%
FHN	C	0.35%
RL	B	0.35%
INTU	B	0.35%
PCRX	D	0.35%
MSA	B	0.35%
ATEN	C	0.35%
HNI	C	0.35%
MKSI	B	0.35%
AAT	B	0.35%
HAE	D	0.35%
SSNC	B	0.35%
ALLY	B	0.35%
BCPC	B	0.35%
POWI	F	0.35%
ITGR	C	0.35%
PRI	B	0.34%
ADSK	B	0.34%
MTH	D	0.34%
CAC	C	0.34%
ANSS	D	0.34%
DT	F	0.34%
ASB	C	0.34%
TTGT	B	0.34%
PFGC	D	0.34%
GNTX	D	0.34%
EXEL	B	0.34%
ARWR	C	0.34%
BUSE	C	0.34%
XHR	C	0.34%
GIII	F	0.34%
IRBT	F	0.34%
THS	C	0.34%
OMF	C	0.34%
VVV	B	0.34%
ZS	C	0.34%
ABG	C	0.34%
ESNT	B	0.34%
CPRX	C	0.34%
FFBC	C	0.34%
EW	B	0.34%
TPH	C	0.34%
CATC	B	0.34%
FELE	D	0.33%
DBX	D	0.33%
BOH	D	0.33%
GEF	F	0.33%
TWLO	D	0.33%
SCL	C	0.33%
MOV	F	0.33%
IDXX	D	0.33%
ROK	D	0.33%
SHO	C	0.33%
HBAN	C	0.33%
THR	C	0.33%
TGNA	D	0.33%
SYY	D	0.33%
USNA	F	0.33%
WTFC	C	0.33%
JBT	C	0.33%
NOVT	B	0.33%
NOVA	D	0.33%
CNS	B	0.33%
AOS	D	0.33%
OMC	D	0.33%
RMD	D	0.33%
APLE	C	0.32%
CMA	C	0.32%
RMBS	D	0.32%
FC	D	0.32%
AUB	C	0.32%
REXR	C	0.32%
ZM	D	0.32%
PPBI	C	0.32%
PYPL	F	0.32%
ITW	D	0.32%
AMD	B	0.32%
URI	C	0.32%
IPG	F	0.32%
GWW	D	0.32%
BOX	D	0.32%
AMTB	C	0.32%
IPGP	D	0.32%
OKTA	C	0.31%
OZK	D	0.31%
EB	F	0.31%
RARE	D	0.31%
THRM	F	0.31%
PARA	D	0.31%
WTS	D	0.31%
TRMB	C	0.31%
KEY	C	0.31%
DOCU	D	0.31%
ETSY	F	0.31%
NTNX	D	0.31%
KELYA	D	0.31%
REZI	C	0.31%
MSCI	F	0.31%
LAD	D	0.3%
WBS	D	0.3%
NTCT	D	0.3%
BZH	F	0.3%
HELE	F	0.3%
NDSN	D	0.3%
PINC	F	0.3%
CASS	F	0.3%
COTY	D	0.3%
INFN	B	0.3%
AMN	F	0.3%
SIGI	F	0.3%
RHP	D	0.3%
ENPH	F	0.3%
PLD	C	0.3%
LEA	F	0.29%
DXCM	F	0.29%
CSGS	F	0.29%
VEEV	F	0.29%
RUSHA	F	0.29%
LCII	F	0.29%
FND	F	0.29%
RHI	F	0.29%
PEN	D	0.28%
DENN	D	0.28%
MYRG	F	0.28%
VAC	D	0.28%
EL	F	0.27%
TREX	F	0.27%
DAY	F	0.27%
CRI	F	0.27%
CYTK	D	0.27%
HVT	F	0.26%
PAYC	F	0.26%
GPN	D	0.26%
SITE	F	0.26%
BL	D	0.26%
LSCC	F	0.26%
HPP	F	0.26%
W	D	0.26%
PLUG	F	0.25%
BRKR	F	0.25%
ATKR	D	0.25%
ALG	F	0.25%
ATRC	D	0.25%
EPAM	D	0.24%
RGEN	D	0.24%
EDIT	F	0.24%
MDB	F	0.23%
EXAS	F	0.22%
NVRO	F	0.2%
ALLO	F	0.19%
CHGG	F	0.14%

ETHO Underweight 130 Positions Relative to USMV

Symbol	Grade	Weight
LLY	A	-1.64%
WCN	A	-1.57%
MSI	A	-1.55%
RSG	A	-1.53%
WMT	A	-1.52%
CB	C	-1.5%
PGR	D	-1.5%
APH	B	-1.5%
WM	A	-1.49%
IBM	B	-1.49%
BRK.A	C	-1.47%
ROP	A	-1.44%
MCK	B	-1.44%
DUK	D	-1.43%
NOC	D	-1.37%
AVGO	C	-1.35%
PG	C	-1.31%
SO	B	-1.31%
JNJ	F	-1.23%
UNH	C	-1.22%
ACN	D	-1.21%
MCD	D	-1.18%
ABBV	B	-1.17%
PEP	D	-1.17%
MMC	B	-1.17%
ED	D	-1.14%
ORCL	B	-1.07%
AZO	B	-1.03%
TRV	D	-1.02%
REGN	B	-0.9%
GILD	C	-0.8%
ACGL	B	-0.79%
LMT	A	-0.78%
GIS	D	-0.76%
ELV	A	-0.76%
CTSH	C	-0.73%
COR	C	-0.71%
FCNCA	C	-0.71%
KDP	C	-0.7%
TSN	C	-0.68%
WEC	D	-0.67%
ORLY	B	-0.66%
BDX	D	-0.65%
FANG	C	-0.64%
T	A	-0.64%
MPC	D	-0.64%
K	D	-0.62%
HUM	C	-0.56%
YUM	D	-0.55%
KEYS	D	-0.53%
FI	D	-0.52%
INCY	B	-0.51%
TDY	D	-0.51%
NEM	B	-0.5%
CME	D	-0.5%
JNPR	B	-0.49%
UBER	B	-0.49%
MDLZ	D	-0.49%
EG	B	-0.48%
BAH	B	-0.47%
CL	B	-0.46%
XOM	C	-0.46%
AON	C	-0.45%
AKAM	F	-0.44%
KHC	D	-0.43%
FICO	A	-0.4%
ROL	B	-0.39%
CMCSA	C	-0.38%
ERIE	C	-0.38%
AEP	C	-0.38%
XEL	D	-0.38%
CTVA	C	-0.37%
CPB	C	-0.37%
BMY	F	-0.37%
CVX	C	-0.36%
AFG	D	-0.35%
MKL	C	-0.35%
HSY	F	-0.34%
WTW	B	-0.34%
GEN	B	-0.31%
FWONK	B	-0.3%
GLW	B	-0.29%
HD	B	-0.28%
L	D	-0.28%
ICE	A	-0.27%
AIZ	D	-0.27%
GRMN	B	-0.27%
HON	B	-0.25%
CI	D	-0.24%
WMB	A	-0.24%
DPZ	B	-0.24%
SNPS	B	-0.23%
HRL	F	-0.23%
CRWD	B	-0.22%
MOH	F	-0.21%
D	D	-0.21%
DTE	C	-0.2%
AZPN	C	-0.2%
AEE	D	-0.2%
LIN	B	-0.18%
GOOG	B	-0.18%
CMS	D	-0.18%
STX	B	-0.18%
TW	C	-0.17%
OXY	C	-0.17%
EOG	C	-0.17%
PKG	B	-0.17%
MELI	B	-0.16%
HOLX	C	-0.16%
MDT	D	-0.14%
DELL	C	-0.14%
AMZN	B	-0.13%
HIG	B	-0.12%
DGX	D	-0.1%
KO	A	-0.1%
LNT	C	-0.09%
FSLR	C	-0.09%
ABT	D	-0.09%
ADP	D	-0.08%
RTX	D	-0.08%
PSX	D	-0.07%
OTIS	B	-0.07%
TEL	B	-0.07%
VLO	C	-0.06%
KNX	C	-0.06%
GD	C	-0.06%
ATO	B	-0.05%
ULTA	F	-0.05%
BR	C	-0.05%
CVS	D	-0.05%