FLDZ vs. USMV ETF Comparison

Comparison of RiverNorth Volition America Patriot ETF (FLDZ) to iShares MSCI USA Minimum Volatility ETF (USMV)

FLDZ

RiverNorth Volition America Patriot ETF

FLDZ Description

RiverNorth Volition America Patriot ETF is an exchange traded fund launched by Listed Funds Trust. The fund is co-managed by RiverNorth Capital Management, LLC, TrueMark Investments, LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. RiverNorth Volition America Patriot ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.87

Average Daily Volume

Number of Holdings ^*

301

* 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

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

Performance

Period	FLDZ	USMV
30 Days	6.86%	1.70%
60 Days	6.75%	2.42%
90 Days	9.10%	4.02%
12 Months	32.16%	25.63%

46 Overlapping Holdings

Symbol	Grade	Weight in FLDZ	Weight in USMV	Overlap
AEE	A	0.34%	0.24%	0.24%
AEP	D	0.29%	0.39%	0.29%
AFG	A	0.2%	0.35%	0.2%
ATO	A	0.39%	0.06%	0.06%
BAH	F	0.37%	0.39%	0.37%
CBOE	B	0.2%	0.85%	0.2%
CI	F	0.33%	0.21%	0.21%
CMS	C	0.33%	0.19%	0.19%
CPB	D	0.31%	0.33%	0.31%
CVS	D	0.38%	0.04%	0.04%
D	C	0.37%	0.23%	0.23%
DGX	A	0.38%	0.11%	0.11%
DTE	C	0.33%	0.2%	0.2%
DUK	C	0.35%	1.49%	0.35%
ED	D	0.3%	1.13%	0.3%
ELV	F	0.28%	0.52%	0.28%
EOG	A	0.47%	0.17%	0.17%
ERIE	D	0.14%	0.42%	0.14%
FANG	D	0.38%	0.55%	0.38%
FCNCA	A	0.21%	0.88%	0.21%
FSLR	F	0.31%	0.06%	0.06%
HIG	B	0.24%	0.12%	0.12%
HRL	D	0.32%	0.21%	0.21%
HUM	C	0.29%	0.4%	0.29%
INCY	C	0.42%	0.53%	0.42%
KNX	B	0.39%	0.06%	0.06%
KR	B	0.39%	0.61%	0.39%
L	A	0.22%	0.28%	0.22%
LNT	A	0.37%	0.1%	0.1%
MCK	B	0.42%	1.35%	0.42%
MKL	A	0.21%	0.34%	0.21%
MOH	F	0.32%	0.18%	0.18%
MPC	D	0.32%	0.54%	0.32%
NBIX	C	0.38%	0.32%	0.32%
ORLY	B	0.42%	0.68%	0.42%
PGR	A	0.27%	1.67%	0.27%
RSG	A	0.43%	1.55%	0.43%
SO	D	0.37%	1.35%	0.37%
T	A	0.46%	0.74%	0.46%
ULTA	F	0.4%	0.04%	0.04%
UNH	C	0.41%	1.34%	0.41%
VZ	C	0.38%	1.35%	0.38%
WEC	A	0.36%	0.78%	0.36%
WM	A	0.46%	1.44%	0.46%
WMB	A	0.43%	0.31%	0.31%
XEL	A	0.36%	0.46%	0.36%

FLDZ Overweight 255 Positions Relative to USMV

Symbol	Grade	Weight
CVNA	B	0.67%
TOST	B	0.56%
BILL	A	0.54%
EME	C	0.52%
AAON	B	0.52%
LBRDK	C	0.52%
VST	B	0.51%
TRGP	B	0.51%
LOW	D	0.49%
DTM	B	0.48%
INTU	C	0.48%
SFM	A	0.47%
EQT	B	0.46%
FOXA	B	0.46%
SUM	B	0.46%
PAYC	B	0.46%
MO	A	0.45%
NVR	D	0.45%
KMI	A	0.45%
NTRA	B	0.45%
FIX	A	0.45%
MTZ	B	0.44%
TTD	B	0.44%
OKE	A	0.44%
PLNT	A	0.43%
HQY	B	0.43%
CEG	D	0.43%
MTDR	B	0.43%
Z	A	0.43%
PCTY	B	0.43%
PAYX	C	0.43%
ET	A	0.42%
SIRI	C	0.42%
CSX	B	0.42%
CMG	B	0.42%
CASY	A	0.42%
TGT	F	0.42%
AR	B	0.41%
MLM	B	0.41%
USFD	A	0.41%
RRC	B	0.41%
EPD	A	0.41%
TXRH	C	0.41%
ITCI	C	0.41%
PFGC	B	0.41%
BYD	C	0.4%
CQP	B	0.4%
ODFL	B	0.4%
CHTR	C	0.4%
ENSG	D	0.4%
CTRA	B	0.4%
PR	B	0.4%
DRI	B	0.4%
CHE	D	0.39%
PEG	A	0.39%
COKE	C	0.39%
VMC	B	0.39%
ETR	B	0.39%
EXP	A	0.39%
LSTR	D	0.39%
THC	D	0.39%
TSCO	D	0.38%
SOFI	A	0.38%
NSC	B	0.38%
AZEK	A	0.38%
LUV	C	0.38%
KMX	B	0.38%
MPLX	A	0.38%
JBHT	C	0.38%
CAH	B	0.38%
PCG	A	0.38%
BJ	A	0.38%
TREX	C	0.38%
EVRG	A	0.38%
ADTN	A	0.38%
BURL	A	0.37%
RCM	F	0.37%
CNM	D	0.37%
OGE	B	0.37%
ROKU	D	0.37%
TMHC	B	0.37%
ENLC	A	0.37%
NYT	C	0.37%
SAIA	B	0.37%
NRG	B	0.37%
KEX	C	0.36%
TOL	B	0.36%
NI	A	0.36%
DKNG	B	0.36%
UFPI	B	0.36%
SITE	D	0.36%
CHRD	D	0.36%
AM	A	0.36%
PPL	B	0.35%
LEN	D	0.35%
PHM	D	0.35%
AGR	B	0.35%
FYBR	D	0.35%
AN	C	0.35%
MRO	B	0.35%
MUSA	A	0.35%
DVN	F	0.35%
ROST	C	0.34%
CWST	A	0.34%
IBP	D	0.34%
CACI	D	0.34%
APO	B	0.34%
EXC	C	0.34%
FND	C	0.34%
DKS	C	0.34%
CHDN	B	0.34%
BLDR	D	0.34%
SAIC	F	0.34%
PNW	B	0.34%
LPLA	A	0.33%
WING	D	0.33%
ACI	C	0.33%
STZ	D	0.33%
WSM	B	0.33%
NFG	A	0.33%
DHI	D	0.33%
WFC	A	0.33%
NEE	D	0.33%
CRVL	A	0.33%
DG	F	0.33%
IDA	A	0.32%
WES	C	0.32%
FE	C	0.32%
OLLI	D	0.32%
WTRG	B	0.32%
KBH	D	0.32%
AWK	D	0.32%
CZR	F	0.32%
CNP	B	0.32%
CIVI	D	0.31%
EIX	B	0.31%
ZION	B	0.31%
SRPT	D	0.31%
SWX	B	0.31%
ES	D	0.31%
SYF	B	0.31%
DY	D	0.31%
AFRM	B	0.3%
USB	A	0.3%
PNFP	B	0.3%
INSP	D	0.3%
CBSH	A	0.3%
LNTH	D	0.3%
MTH	D	0.3%
SUN	B	0.3%
REYN	D	0.3%
NXST	C	0.29%
CELH	F	0.29%
IONS	F	0.29%
EWBC	A	0.29%
HOOD	B	0.29%
PNC	B	0.29%
CFR	B	0.29%
TFC	A	0.28%
CNC	D	0.28%
OWL	A	0.28%
WBS	A	0.28%
VVV	F	0.28%
WTFC	A	0.27%
SCHW	B	0.27%
HII	D	0.27%
RIVN	F	0.27%
CINF	A	0.26%
FHN	A	0.26%
FITB	A	0.26%
GL	B	0.26%
EQH	B	0.26%
CFG	B	0.26%
RF	A	0.25%
COF	B	0.25%
SPG	B	0.25%
HBAN	A	0.25%
AVB	B	0.24%
BOKF	B	0.24%
ARES	A	0.24%
RHP	B	0.24%
DFS	B	0.24%
FRT	B	0.24%
RLI	B	0.24%
ORI	A	0.24%
CPT	B	0.24%
CMA	A	0.24%
KEY	B	0.24%
JXN	C	0.24%
BRX	A	0.23%
PB	A	0.23%
CADE	B	0.23%
VICI	C	0.23%
FNF	B	0.23%
ADC	B	0.23%
TPL	A	0.23%
MAA	B	0.22%
WAL	B	0.22%
SSB	B	0.22%
LAMR	D	0.22%
FR	C	0.22%
GLPI	C	0.22%
MTB	A	0.22%
PSA	D	0.22%
UDR	B	0.22%
BXP	D	0.22%
EQR	B	0.22%
VNO	B	0.22%
SNV	B	0.21%
REG	B	0.21%
ESS	B	0.21%
MDU	D	0.21%
KIM	A	0.21%
CCI	D	0.21%
OPCH	D	0.21%
EXR	D	0.21%
COLB	A	0.2%
ELS	C	0.2%
VOYA	B	0.2%
STAG	F	0.2%
ALLY	C	0.2%
ONB	B	0.2%
ALL	A	0.2%
TROW	B	0.2%
OMF	A	0.2%
INVH	D	0.19%
ARE	D	0.19%
NNN	D	0.19%
TRNO	F	0.19%
DOC	D	0.19%
AMH	D	0.19%
AMP	A	0.19%
LCID	F	0.19%
ZETA	D	0.19%
AGNC	D	0.18%
EGP	F	0.18%
FFIN	B	0.18%
FNB	A	0.18%
JKHY	D	0.18%
CUBE	D	0.18%
HST	C	0.17%
COOP	B	0.17%
SIGI	C	0.17%
REXR	F	0.17%
HOMB	A	0.17%
APPF	B	0.16%
KNSL	B	0.16%
FG	B	0.16%
THG	A	0.16%
ACT	D	0.15%
RDN	C	0.15%
KRG	B	0.15%
EPRT	B	0.15%
CACC	D	0.14%
PFSI	D	0.13%

FLDZ Underweight 124 Positions Relative to USMV

Symbol	Grade	Weight
TMUS	B	-1.95%
MSI	B	-1.81%
WMT	A	-1.78%
IBM	C	-1.66%
WCN	A	-1.56%
BRK.A	B	-1.55%
CSCO	B	-1.47%
CB	C	-1.47%
APH	A	-1.44%
NOC	D	-1.43%
TXN	C	-1.39%
MSFT	F	-1.34%
ORCL	B	-1.31%
ROP	B	-1.3%
ACN	C	-1.29%
AJG	B	-1.27%
MCD	D	-1.25%
LLY	F	-1.25%
PG	A	-1.23%
AVGO	D	-1.19%
JNJ	D	-1.18%
TRV	B	-1.15%
MMC	B	-1.11%
ABBV	D	-1.04%
MRK	F	-1.01%
PEP	F	-1.01%
GDDY	A	-1.0%
AAPL	C	-0.99%
AZO	C	-0.98%
GILD	C	-0.94%
V	A	-0.9%
EA	A	-0.89%
LMT	D	-0.82%
K	A	-0.8%
CTSH	B	-0.76%
NOW	A	-0.75%
TSN	B	-0.71%
MA	C	-0.7%
VRTX	F	-0.69%
FI	A	-0.69%
ACGL	D	-0.68%
COR	B	-0.67%
NVDA	C	-0.67%
GIS	D	-0.66%
VRSN	F	-0.64%
AMGN	D	-0.59%
FICO	B	-0.59%
REGN	F	-0.59%
KDP	D	-0.59%
TDY	B	-0.57%
BDX	F	-0.56%
KEYS	A	-0.55%
FFIV	B	-0.55%
AON	A	-0.53%
CME	A	-0.53%
PTC	A	-0.52%
YUM	B	-0.5%
BMY	B	-0.49%
NEM	D	-0.46%
UBER	D	-0.45%
JNPR	F	-0.45%
TJX	A	-0.45%
XOM	B	-0.45%
MDLZ	F	-0.44%
WDAY	B	-0.43%
EG	C	-0.43%
VRSK	A	-0.42%
CL	D	-0.41%
CHD	B	-0.4%
CMCSA	B	-0.39%
AKAM	D	-0.39%
KHC	F	-0.38%
WTW	B	-0.38%
CTVA	C	-0.38%
ROL	B	-0.36%
IT	C	-0.35%
GEN	B	-0.35%
CDW	F	-0.35%
CVX	A	-0.34%
GRMN	B	-0.33%
AIZ	A	-0.32%
WRB	A	-0.31%
GLW	B	-0.31%
FWONK	B	-0.31%
HSY	F	-0.3%
HD	A	-0.3%
ANET	C	-0.29%
ICE	C	-0.28%
HON	B	-0.25%
HUBS	A	-0.24%
ADI	D	-0.23%
AZPN	A	-0.23%
ALNY	D	-0.22%
NTAP	C	-0.22%
BMRN	D	-0.22%
KMB	D	-0.21%
TW	A	-0.2%
PKG	A	-0.2%
PFE	D	-0.2%
DPZ	C	-0.19%
CRWD	B	-0.19%
CDNS	B	-0.18%
MELI	D	-0.18%
SNPS	B	-0.18%
HOLX	D	-0.16%
LIN	D	-0.16%
STX	D	-0.16%
GOOG	C	-0.16%
UTHR	C	-0.14%
AMZN	C	-0.14%
MDT	D	-0.13%
DELL	C	-0.12%
OXY	D	-0.12%
KO	D	-0.1%
RTX	C	-0.09%
ADP	B	-0.09%
ABT	B	-0.09%
OTIS	C	-0.07%
TEL	B	-0.07%
PSX	C	-0.06%
VLO	C	-0.05%
BR	A	-0.05%
CRM	B	-0.05%
GD	F	-0.05%