FOVL vs. SAEF ETF Comparison

Comparison of iShares Focused Value Factor ETF (FOVL) to Schwab Ariel ESG ETF (SAEF)

FOVL

iShares Focused Value Factor ETF

FOVL Description

The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$68.83

Average Daily Volume

1,975

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SAEF

Schwab Ariel ESG ETF

SAEF Description

Schwab Ariel ESG ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund is co-managed by Ariel Investments, LLC. It invests in the 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 diverse market cap companies, within the market capitalization range of the Russell 2500 Index. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis with bottom-up stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Schwab Ariel ESG ETF was formed on November 16, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$26.69

Average Daily Volume

2,194

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FOVL	SAEF
30 Days	1.74%	1.84%
60 Days	4.26%	2.14%
90 Days	11.17%	9.35%
12 Months	41.64%	38.53%

2 Overlapping Holdings

	Symbol	Grade	Weight in FOVL	Weight in SAEF	Overlap
	MTB	B	2.71%	1.83%	1.83%
	NTRS	B	2.79%	2.17%	2.17%

FOVL Overweight 38 Positions Relative to SAEF

Symbol	Grade	Weight
FHN	B	2.75%
WTM	B	2.68%
DFS	A	2.66%
BAC	B	2.64%
USB	B	2.61%
FHB	A	2.59%
JHG	A	2.59%
ETR	A	2.58%
CMA	A	2.58%
D	B	2.58%
OZK	B	2.54%
PNC	B	2.52%
VOYA	B	2.52%
RF	B	2.52%
ALK	A	2.52%
FNB	A	2.52%
FITB	B	2.52%
AXS	C	2.51%
CMCSA	A	2.5%
MET	C	2.5%
PNW	D	2.49%
CNA	D	2.48%
AVT	B	2.48%
RNR	C	2.47%
OGE	C	2.47%
UGI	D	2.46%
EVRG	C	2.45%
PFG	C	2.44%
MTG	D	2.43%
PRGO	D	2.39%
HPE	A	2.38%
RPRX	D	2.38%
ADM	F	2.37%
BG	F	2.33%
VZ	D	2.31%
CRI	F	2.19%
CNXC	F	2.17%
CWEN	C	2.14%

FOVL Underweight 56 Positions Relative to SAEF

Symbol	Grade	Weight
OSW	A	-4.31%
BCO	D	-3.61%
LIND	D	-3.51%
NCLH	A	-3.48%
FI	A	-3.15%
NVT	D	-3.04%
KKR	B	-2.85%
GS	B	-2.5%
ZBRA	A	-2.43%
REZI	C	-2.32%
FICO	B	-2.29%
GNRC	A	-2.24%
PBH	A	-2.18%
FAF	D	-2.05%
GNTX	B	-1.97%
CRL	F	-1.93%
JLL	B	-1.93%
CBRE	A	-1.77%
LFUS	D	-1.69%
MSI	B	-1.64%
KN	C	-1.63%
KMT	B	-1.61%
KEYS	C	-1.59%
MAT	A	-1.57%
ATGE	A	-1.56%
AXTA	A	-1.48%
ADTN	B	-1.45%
ZBH	C	-1.41%
ST	F	-1.41%
MANU	B	-1.39%
MSGS	A	-1.27%
AFL	D	-1.27%
LH	A	-1.25%
IPG	F	-1.25%
DNB	B	-1.2%
SNA	A	-1.2%
SSD	F	-1.19%
MAS	D	-1.15%
BRC	D	-1.11%
BWA	D	-1.08%
MIDD	F	-1.06%
KMX	F	-1.04%
PGR	D	-0.99%
PDCO	F	-0.99%
MSGE	C	-0.97%
KFY	C	-0.96%
HCKT	D	-0.94%
LESL	F	-0.94%
BIO	A	-0.93%
REYN	F	-0.91%
MHK	D	-0.83%
SJM	F	-0.75%
SRCL	A	-0.75%
PARA	C	-0.61%
NVST	A	-0.53%
PHIN	C	-0.26%