GLOF vs. FMCX ETF Comparison

Comparison of iShares Global Equity Factor ETF (GLOF) to FMC Excelsior Focus Equity ETF (FMCX)

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.61

Average Daily Volume

4,374

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.80

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	GLOF	FMCX
30 Days	0.04%	0.15%
60 Days	1.20%	2.99%
90 Days	1.32%	6.20%
12 Months	25.47%	25.02%

19 Overlapping Holdings

Symbol	Grade	Weight in GLOF	Weight in FMCX	Overlap
AAPL	C	4.28%	6.93%	4.28%
AMGN	F	0.2%	1.11%	0.2%
AMZN	C	2.18%	5.01%	2.18%
BKNG	A	0.77%	0.19%	0.19%
DHR	F	0.01%	0.55%	0.01%
FWONA	A	0.05%	0.05%	0.05%
GILD	C	0.27%	0.87%	0.27%
GOOG	C	2.61%	0.5%	0.5%
JPM	A	0.94%	0.3%	0.3%
MCD	D	0.53%	1.12%	0.53%
MSFT	D	4.06%	4.79%	4.06%
MTCH	D	0.03%	3.18%	0.03%
NKE	F	0.08%	0.68%	0.08%
PG	C	0.72%	1.3%	0.72%
PM	B	0.27%	1.21%	0.27%
SPGI	C	0.2%	0.37%	0.2%
UNH	B	0.73%	6.84%	0.73%
V	A	0.76%	0.21%	0.21%
YUM	D	0.22%	1.18%	0.22%

GLOF Overweight 170 Positions Relative to FMCX

Symbol	Grade	Weight
NVDA	B	4.5%
META	D	1.35%
AVGO	D	1.19%
LLY	F	0.73%
HD	B	0.7%
FTNT	C	0.65%
LOW	C	0.65%
WMT	A	0.65%
FICO	B	0.62%
ABBV	F	0.62%
MCK	A	0.61%
PEP	F	0.61%
JNJ	C	0.6%
SYF	B	0.58%
TEAM	A	0.57%
MA	B	0.52%
AMP	A	0.51%
COST	A	0.51%
CDNS	B	0.51%
INTU	B	0.5%
MSI	B	0.49%
CTAS	B	0.48%
BLDR	D	0.48%
TT	A	0.44%
VST	A	0.43%
MRK	D	0.42%
KR	B	0.42%
AZO	C	0.42%
LII	A	0.42%
ORCL	A	0.4%
DOCU	B	0.39%
BBY	D	0.39%
NOW	A	0.37%
MTD	F	0.37%
TSLA	B	0.37%
BMY	B	0.36%
FERG	B	0.36%
XOM	B	0.36%
T	A	0.35%
COF	C	0.35%
TXN	C	0.35%
QCOM	F	0.35%
TMO	F	0.34%
MFG	A	0.34%
DELL	B	0.34%
AMAT	F	0.33%
ORLY	B	0.33%
PANW	B	0.33%
IT	C	0.33%
MSCI	C	0.32%
HPE	B	0.32%
EBAY	D	0.31%
TGT	F	0.31%
KLAC	F	0.3%
ELV	F	0.3%
CRWD	B	0.29%
STLD	B	0.29%
MELI	C	0.29%
ACN	B	0.29%
HPQ	B	0.28%
HOLX	D	0.25%
ABT	B	0.25%
CSCO	B	0.24%
ALLY	C	0.24%
ABNB	C	0.24%
GWW	B	0.24%
ANET	C	0.23%
MUFG	B	0.22%
BAC	A	0.22%
PHM	D	0.22%
SNPS	B	0.22%
MPC	D	0.21%
PFE	F	0.21%
AXP	A	0.21%
KO	D	0.2%
NVR	D	0.2%
DVA	C	0.2%
MOH	F	0.2%
PSA	C	0.2%
FNF	B	0.2%
NUE	C	0.2%
LRCX	F	0.2%
DFS	B	0.19%
ADBE	C	0.19%
BRK.A	B	0.19%
SBUX	A	0.19%
AFL	B	0.18%
LYB	F	0.18%
LIN	C	0.18%
ETN	A	0.18%
EMR	B	0.18%
STT	B	0.18%
VLTO	C	0.17%
MAS	D	0.17%
HUBS	A	0.17%
WFC	A	0.17%
LI	F	0.16%
TRV	B	0.16%
VRTX	D	0.15%
ZS	B	0.14%
HUM	C	0.14%
MRO	B	0.14%
SIRI	C	0.13%
GS	A	0.13%
GEHC	D	0.13%
HSY	F	0.13%
VLO	C	0.13%
COP	C	0.13%
NTAP	C	0.12%
BLK	B	0.12%
UNP	C	0.11%
URI	C	0.11%
EG	C	0.1%
CVS	D	0.1%
CDW	F	0.1%
VZ	C	0.1%
PFG	D	0.1%
BK	A	0.1%
DTE	C	0.09%
A	D	0.09%
FOXA	A	0.09%
UBER	F	0.09%
SMFG	B	0.09%
DE	B	0.08%
GM	C	0.08%
NWS	A	0.08%
TM	F	0.08%
IBM	C	0.08%
SPG	A	0.08%
DOW	F	0.08%
IDXX	F	0.07%
LULU	C	0.07%
CF	A	0.07%
TJX	A	0.06%
CVX	A	0.06%
ULTA	F	0.06%
CRH	A	0.06%
NDAQ	A	0.06%
LINE	F	0.05%
MDLZ	F	0.05%
PAYX	B	0.05%
PH	A	0.05%
CHTR	C	0.05%
CPNG	D	0.05%
FRT	B	0.04%
DOX	D	0.04%
TSCO	D	0.04%
EA	A	0.04%
CAT	B	0.04%
MCO	B	0.03%
QRVO	F	0.03%
MRNA	F	0.03%
NI	A	0.03%
REG	A	0.03%
WIT	B	0.02%
STX	C	0.02%
OMC	C	0.02%
CSX	C	0.02%
GL	C	0.02%
VICI	C	0.02%
WY	F	0.02%
BIIB	F	0.02%
MOS	F	0.02%
VRSN	C	0.02%
MDT	D	0.01%
OKTA	C	0.01%
VEEV	C	0.01%
PCAR	B	0.01%
PLD	F	0.01%
CEG	C	0.01%

GLOF Underweight 33 Positions Relative to FMCX

Symbol	Grade	Weight
KKR	A	-6.14%
IAC	F	-5.35%
GDDY	A	-4.98%
LBRDK	C	-4.24%
LSXMK	D	-4.22%
GGG	B	-3.98%
PYPL	B	-3.9%
LSXMA	D	-1.79%
GOOGL	C	-1.77%
LBRDA	C	-1.74%
CMCSA	B	-1.13%
KEYS	A	-1.06%
VUSB	A	-0.92%
ICSH	A	-0.92%
CL	D	-0.85%
MO	A	-0.84%
ENTG	D	-0.82%
ARWR	D	-0.72%
HON	C	-0.6%
BAX	F	-0.47%
YUMC	C	-0.42%
MUSA	B	-0.4%
MTX	B	-0.33%
KEX	B	-0.33%
EQR	C	-0.3%
MUR	D	-0.25%
FWONK	A	-0.21%
FLWS	D	-0.15%
GD	D	-0.13%
BATRK	D	-0.11%
PNR	A	-0.1%
VMEO	B	-0.03%
BATRA	F	-0.02%