IMCV vs. QARP ETF Comparison

Comparison of iShares Morningstar Mid-Cap Value ETF (IMCV) to Xtrackers Russell 1000 US QARP ETF (QARP)

IMCV

iShares Morningstar Mid-Cap Value ETF

IMCV Description

The investment seeks to track the investment results of the Morningstar® US Mid Cap Broad Value IndexSM composed of mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by mid-capitalization companies that have exhibited “value” characteristics as determined by Morningstar, Inc. (Morningstar or the index providerâ) proprietary index methodology.

Grade (RS Rating)

Last Trade

$78.13

Average Daily Volume

15,489

Number of Holdings ^*

303

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.85

Average Daily Volume

3,343

Number of Holdings ^*

345

* may have additional holdings in another (foreign) market

Performance

Period	IMCV	QARP
30 Days	0.30%	0.37%
60 Days	2.98%	3.37%
90 Days	6.27%	5.31%
12 Months	27.11%	26.27%

138 Overlapping Holdings

	Symbol	Grade	Weight in IMCV	Weight in QARP	Overlap
	ACGL	C	0.46%	0.24%	0.24%
	ACI	C	0.14%	0.05%	0.05%
	ACM	B	0.1%	0.04%	0.04%
	ADM	D	0.44%	0.27%	0.27%
	ALB	C	0.1%	0.02%	0.02%
	ALGN	D	0.1%	0.05%	0.05%
	AMCR	C	0.26%	0.03%	0.03%
	AOS	F	0.05%	0.06%	0.05%
	APA	F	0.14%	0.02%	0.02%
	APTV	F	0.12%	0.05%	0.05%
	AR	B	0.15%	0.02%	0.02%
	ATO	A	0.39%	0.07%	0.07%
	BBY	C	0.31%	0.23%	0.23%
	BIIB	F	0.45%	0.02%	0.02%
	BJ	B	0.11%	0.11%	0.11%
	BKR	A	0.39%	0.1%	0.1%
	BLD	F	0.09%	0.05%	0.05%
	BLDR	D	0.2%	0.17%	0.17%
	CAH	B	0.52%	0.4%	0.4%
	CASY	B	0.08%	0.12%	0.08%
	CBRE	B	0.28%	0.09%	0.09%
	CCL	A	0.43%	0.05%	0.05%
	CE	F	0.07%	0.02%	0.02%
	CF	A	0.27%	0.13%	0.13%
	CHTR	B	0.69%	0.14%	0.14%
	CINF	A	0.25%	0.09%	0.09%
	CLX	A	0.13%	0.06%	0.06%
	CMI	A	0.28%	0.26%	0.26%
	CNC	F	0.56%	0.23%	0.23%
	CNP	A	0.34%	0.04%	0.04%
	COF	A	1.26%	0.16%	0.16%
	COR	B	0.35%	0.4%	0.35%
	CPB	D	0.16%	0.02%	0.02%
	CPNG	C	0.18%	0.1%	0.1%
	CTRA	A	0.19%	0.11%	0.11%
	CTSH	B	0.72%	0.3%	0.3%
	CTVA	D	0.4%	0.02%	0.02%
	DAL	A	0.38%	0.22%	0.22%
	DD	D	0.33%	0.02%	0.02%
	DGX	A	0.31%	0.03%	0.03%
	DHI	D	0.89%	0.31%	0.31%
	DINO	D	0.12%	0.02%	0.02%
	DKS	D	0.12%	0.09%	0.09%
	DLTR	F	0.13%	0.07%	0.07%
	DOW	F	0.34%	0.07%	0.07%
	DRI	B	0.18%	0.13%	0.13%
	DVN	F	0.44%	0.17%	0.17%
	EA	A	0.2%	0.21%	0.2%
	EBAY	D	0.35%	0.09%	0.09%
	EG	D	0.29%	0.06%	0.06%
	EPAM	B	0.11%	0.04%	0.04%
	EXPD	D	0.3%	0.13%	0.13%
	EXPE	A	0.2%	0.17%	0.17%
	FANG	D	0.56%	0.19%	0.19%
	FFIV	B	0.15%	0.06%	0.06%
	FOXA	A	0.19%	0.03%	0.03%
	GEHC	D	0.33%	0.13%	0.13%
	GEV	A	0.8%	0.2%	0.2%
	GIS	D	0.65%	0.09%	0.09%
	GLPI	D	0.23%	0.03%	0.03%
	GM	A	1.11%	0.25%	0.25%
	GPC	D	0.18%	0.07%	0.07%
	GRMN	B	0.21%	0.16%	0.16%
	HAL	C	0.21%	0.06%	0.06%
	HII	F	0.06%	0.02%	0.02%
	HOLX	D	0.33%	0.04%	0.04%
	HPQ	B	0.65%	0.08%	0.08%
	HST	D	0.22%	0.03%	0.03%
	HSY	F	0.21%	0.09%	0.09%
	HUM	F	0.62%	0.31%	0.31%
	INCY	B	0.11%	0.07%	0.07%
	IP	A	0.35%	0.04%	0.04%
	J	D	0.11%	0.04%	0.04%
	JBHT	B	0.11%	0.05%	0.05%
	JBL	C	0.12%	0.06%	0.06%
	JNPR	D	0.22%	0.04%	0.04%
	K	B	0.38%	0.06%	0.06%
	KEYS	C	0.28%	0.12%	0.12%
	KMB	C	0.52%	0.15%	0.15%
	KR	B	0.72%	0.3%	0.3%
	KVUE	A	0.73%	0.21%	0.21%
	LEN	D	0.72%	0.4%	0.4%
	LEN	D	0.03%	0.4%	0.03%
	LH	B	0.36%	0.07%	0.07%
	LKQ	D	0.18%	0.02%	0.02%
	LNG	A	0.58%	0.07%	0.07%
	LUV	A	0.19%	0.11%	0.11%
	LYB	F	0.39%	0.09%	0.09%
	MAS	D	0.18%	0.07%	0.07%
	MCHP	F	0.39%	0.04%	0.04%
	MGM	D	0.09%	0.05%	0.05%
	MOH	F	0.15%	0.06%	0.06%
	MOS	D	0.16%	0.04%	0.04%
	MRNA	F	0.16%	0.05%	0.05%
	MRO	A	0.28%	0.11%	0.11%
	NTAP	D	0.22%	0.06%	0.06%
	NUE	D	0.67%	0.37%	0.37%
	NVR	D	0.5%	0.23%	0.23%
	OC	A	0.29%	0.13%	0.13%
	ON	F	0.34%	0.04%	0.04%
	OTIS	D	0.28%	0.04%	0.04%
	OVV	C	0.21%	0.03%	0.03%
	PCAR	B	1.05%	0.24%	0.24%
	PHM	D	0.28%	0.21%	0.21%
	PKG	B	0.38%	0.06%	0.06%
	POOL	D	0.13%	0.06%	0.06%
	PSA	C	0.5%	0.31%	0.31%
	RNR	D	0.25%	0.05%	0.05%
	RPRX	F	0.19%	0.03%	0.03%
	RS	B	0.32%	0.17%	0.17%
	SJM	F	0.22%	0.03%	0.03%
	SNA	A	0.22%	0.12%	0.12%
	SOLV	C	0.18%	0.1%	0.1%
	SPG	A	0.98%	0.2%	0.2%
	STLD	B	0.39%	0.23%	0.23%
	SWKS	F	0.25%	0.08%	0.08%
	SYF	A	0.46%	0.14%	0.14%
	TAP	A	0.18%	0.04%	0.04%
	TER	F	0.16%	0.03%	0.03%
	TOL	B	0.18%	0.07%	0.07%
	TROW	A	0.47%	0.25%	0.25%
	TSCO	D	0.16%	0.16%	0.16%
	TSN	A	0.15%	0.04%	0.04%
	TXT	D	0.16%	0.06%	0.06%
	UAL	A	0.51%	0.1%	0.1%
	UHS	D	0.12%	0.05%	0.05%
	ULTA	D	0.17%	0.15%	0.15%
	URI	B	0.54%	0.23%	0.23%
	USFD	B	0.13%	0.04%	0.04%
	UTHR	B	0.28%	0.11%	0.11%
	VICI	C	0.58%	0.07%	0.07%
	VLO	C	0.78%	0.18%	0.18%
	VST	A	0.31%	0.2%	0.2%
	WAT	B	0.15%	0.03%	0.03%
	WBD	B	0.36%	0.04%	0.04%
	WSM	F	0.1%	0.15%	0.1%
	WTW	B	0.3%	0.03%	0.03%
	WY	D	0.41%	0.08%	0.08%

IMCV Overweight 165 Positions Relative to QARP

	Symbol	Grade	Weight
	WMB	A	1.22%
	OKE	A	1.11%
	NSC	B	1.09%
	TFC	A	1.07%
	SRE	A	1.02%
	BK	A	1.01%
	AFL	C	0.97%
	KMI	A	0.94%
	AEP	C	0.91%
	LHX	B	0.88%
	FIS	B	0.88%
	AIG	B	0.87%
	CCI	D	0.81%
	PRU	A	0.78%
	F	C	0.77%
	PEG	C	0.76%
	FERG	D	0.75%
	GLW	B	0.67%
	EXC	C	0.67%
	XEL	A	0.66%
	HIG	C	0.62%
	MTB	A	0.62%
	TRV	A	0.6%
	ED	D	0.6%
	O	D	0.59%
	EIX	C	0.57%
	ETR	A	0.56%
	FITB	A	0.56%
	WEC	A	0.55%
	ALL	A	0.53%
	KHC	F	0.52%
	STT	A	0.51%
	HPE	B	0.51%
	D	C	0.49%
	SW	A	0.47%
	CARR	D	0.47%
	PCG	A	0.46%
	HBAN	A	0.45%
	PPL	A	0.44%
	TRGP	A	0.44%
	AEE	A	0.43%
	DTE	C	0.43%
	JCI	A	0.42%
	IFF	D	0.42%
	RF	A	0.42%
	EXR	C	0.41%
	KDP	D	0.41%
	TEL	C	0.4%
	WDC	F	0.4%
	NEM	F	0.4%
	FE	C	0.38%
	STX	D	0.38%
	ES	C	0.38%
	NTRS	A	0.38%
	CFG	A	0.37%
	DELL	C	0.36%
	OMC	C	0.36%
	ZM	B	0.35%
	PFG	C	0.35%
	DFS	A	0.34%
	NDAQ	A	0.33%
	EXE	A	0.33%
	MSTR	B	0.33%
	PPG	F	0.32%
	KEY	A	0.32%
	AMP	A	0.32%
	VTR	C	0.31%
	IRM	D	0.31%
	BAX	F	0.31%
	STZ	D	0.31%
	AVB	A	0.3%
	GPN	B	0.3%
	DG	F	0.3%
	NI	A	0.29%
	THC	C	0.29%
	DOC	D	0.29%
	SSNC	D	0.29%
	RCL	A	0.29%
	L	A	0.28%
	VTRS	A	0.28%
	LDOS	C	0.28%
	DLR	A	0.28%
	EQR	C	0.27%
	FNF	C	0.27%
	IQV	F	0.26%
	LNT	A	0.26%
	RGA	A	0.26%
	EVRG	A	0.25%
	EQH	B	0.25%
	AWK	C	0.24%
	CAG	F	0.24%
	BXP	D	0.23%
	CMS	C	0.23%
	NRG	B	0.23%
	UNM	A	0.22%
	WPC	D	0.22%
	BG	D	0.22%
	ARE	D	0.22%
	MAA	A	0.21%
	EMN	C	0.21%
	RJF	A	0.21%
	ZBH	C	0.2%
	FLEX	B	0.2%
	IPG	F	0.2%
	NWSA	B	0.2%
	CG	B	0.2%
	TDY	B	0.19%
	ALLY	C	0.18%
	VLTO	D	0.18%
	ESS	A	0.18%
	AES	F	0.17%
	CNH	D	0.17%
	MKC	D	0.16%
	EQT	A	0.15%
	DOV	A	0.15%
	RVTY	D	0.15%
	DKNG	B	0.15%
	PINS	F	0.14%
	FTV	D	0.14%
	WRB	A	0.14%
	MKL	A	0.14%
	BALL	D	0.14%
	GEN	B	0.14%
	AVY	D	0.14%
	CCK	D	0.13%
	CPT	D	0.13%
	SWK	F	0.13%
	REG	A	0.13%
	AKAM	F	0.13%
	WBA	F	0.12%
	WTRG	C	0.12%
	XPO	B	0.11%
	ENTG	F	0.11%
	BEN	C	0.11%
	SNX	D	0.11%
	CPAY	A	0.11%
	AVTR	F	0.11%
	SIRI	C	0.11%
	AFG	A	0.11%
	FOX	A	0.1%
	KMX	B	0.1%
	BAH	D	0.1%
	TFX	F	0.1%
	RPM	A	0.1%
	SCI	B	0.1%
	COO	D	0.1%
	TRMB	A	0.1%
	HRL	D	0.1%
	KIM	A	0.09%
	ELS	B	0.09%
	ZBRA	B	0.09%
	UDR	C	0.09%
	RRX	B	0.09%
	ALLE	D	0.09%
	PNR	A	0.08%
	DVA	C	0.07%
	CRL	D	0.07%
	UHAL	D	0.07%
	PAG	A	0.06%
	NWS	A	0.06%
	AGR	A	0.05%
	WLK	F	0.05%
	QRVO	F	0.05%
	UHAL	D	0.01%
	COTY	F	0.01%

IMCV Underweight 208 Positions Relative to QARP

	Symbol	Grade	Weight
	BRK.A	A	-5.21%
	META	C	-5.17%
	AAPL	C	-4.88%
	AMZN	B	-3.99%
	XOM	B	-3.19%
	WMT	A	-2.88%
	GOOGL	B	-2.36%
	UNH	B	-2.32%
	JNJ	D	-2.32%
	COST	B	-2.32%
	GOOG	B	-2.14%
	MSFT	D	-2.05%
	HD	A	-2.0%
	CSCO	B	-1.97%
	V	A	-1.84%
	MA	A	-1.58%
	CVX	A	-1.54%
	PG	C	-1.34%
	ACN	C	-1.18%
	MCK	A	-1.15%
	ADBE	F	-0.91%
	CMCSA	B	-0.86%
	TJX	A	-0.82%
	BKNG	A	-0.8%
	COP	C	-0.78%
	LOW	A	-0.78%
	AMAT	F	-0.77%
	TSLA	B	-0.75%
	LMT	D	-0.71%
	T	A	-0.69%
	CAT	B	-0.67%
	VZ	C	-0.65%
	MO	A	-0.63%
	BMY	B	-0.62%
	CI	D	-0.55%
	PM	A	-0.55%
	MMC	C	-0.55%
	SBUX	A	-0.52%
	EOG	A	-0.5%
	PFE	F	-0.48%
	ELV	F	-0.47%
	LRCX	F	-0.45%
	TGT	D	-0.4%
	UPS	C	-0.4%
	MCD	D	-0.39%
	ORLY	A	-0.38%
	TXN	C	-0.37%
	MU	D	-0.35%
	AZO	C	-0.34%
	PYPL	A	-0.34%
	SYY	D	-0.33%
	FDX	A	-0.33%
	GILD	B	-0.33%
	MCO	C	-0.33%
	AON	A	-0.33%
	MRK	F	-0.32%
	ITW	B	-0.31%
	NKE	D	-0.31%
	HCA	D	-0.27%
	GWW	A	-0.27%
	QCOM	F	-0.26%
	REGN	F	-0.26%
	MPC	D	-0.25%
	ROST	D	-0.25%
	DE	D	-0.24%
	MSCI	A	-0.23%
	ABNB	C	-0.23%
	ABT	B	-0.22%
	FAST	B	-0.22%
	FTNT	A	-0.22%
	CL	D	-0.21%
	ADP	B	-0.21%
	VRTX	C	-0.21%
	PAYX	B	-0.2%
	ODFL	B	-0.19%
	LPLA	A	-0.19%
	ISRG	A	-0.18%
	NVDA	B	-0.18%
	CVS	F	-0.18%
	LULU	C	-0.18%
	KLAC	F	-0.17%
	MNST	D	-0.15%
	EME	B	-0.15%
	SLB	C	-0.14%
	FCNCA	A	-0.14%
	DECK	A	-0.13%
	ANET	C	-0.13%
	MMM	D	-0.12%
	PSX	C	-0.12%
	UNP	D	-0.12%
	TPR	A	-0.12%
	MAR	A	-0.12%
	CMG	B	-0.11%
	MTG	C	-0.11%
	EVR	A	-0.11%
	FDS	A	-0.1%
	WST	C	-0.09%
	A	D	-0.09%
	AMG	A	-0.09%
	MTD	F	-0.09%
	ROK	A	-0.09%
	TT	A	-0.08%
	FICO	A	-0.08%
	WSO	A	-0.08%
	AYI	A	-0.08%
	CTAS	B	-0.08%
	HRB	D	-0.08%
	PFGC	B	-0.08%
	INTC	C	-0.08%
	LYV	A	-0.08%
	ADI	D	-0.08%
	CSX	B	-0.07%
	DOX	D	-0.07%
	GGG	A	-0.07%
	CPRT	A	-0.07%
	SPGI	C	-0.07%
	RHI	B	-0.07%
	SEIC	A	-0.07%
	CBOE	D	-0.07%
	AMD	F	-0.07%
	AGCO	D	-0.06%
	EW	C	-0.06%
	EXP	B	-0.06%
	PGR	B	-0.06%
	PWR	A	-0.06%
	OXY	F	-0.06%
	TXRH	A	-0.06%
	SKX	D	-0.06%
	BX	A	-0.06%
	VRSN	D	-0.06%
	ADSK	B	-0.06%
	CHRW	A	-0.06%
	BWA	A	-0.06%
	INGR	B	-0.05%
	FIX	A	-0.05%
	JKHY	D	-0.05%
	ORCL	A	-0.05%
	ITT	A	-0.05%
	CLF	F	-0.05%
	LSTR	D	-0.05%
	CSL	B	-0.05%
	SAIA	B	-0.05%
	MKTX	C	-0.05%
	COIN	A	-0.05%
	MUSA	A	-0.05%
	YUM	D	-0.05%
	RL	B	-0.05%
	AAL	B	-0.04%
	OSK	C	-0.04%
	FCX	F	-0.04%
	NYT	D	-0.04%
	KNSL	C	-0.04%
	CHE	D	-0.04%
	ROL	A	-0.04%
	ARMK	C	-0.04%
	LPX	A	-0.04%
	WYNN	D	-0.04%
	CNM	F	-0.04%
	ALSN	B	-0.04%
	COKE	C	-0.04%
	LEA	F	-0.04%
	PAYC	B	-0.04%
	GNTX	C	-0.04%
	FND	F	-0.04%
	BURL	C	-0.04%
	LECO	C	-0.04%
	CHRD	F	-0.04%
	HLI	A	-0.04%
	LVS	C	-0.04%
	DBX	C	-0.04%
	DCI	B	-0.04%
	ALK	A	-0.04%
	SSD	D	-0.03%
	CRUS	F	-0.03%
	PII	F	-0.03%
	OLN	F	-0.03%
	MTZ	B	-0.03%
	FCN	F	-0.03%
	RLI	A	-0.03%
	AMGN	D	-0.03%
	PINC	B	-0.03%
	G	A	-0.03%
	KNX	B	-0.03%
	MSM	C	-0.03%
	THO	B	-0.03%
	DPZ	C	-0.03%
	PVH	C	-0.03%
	LOPE	B	-0.03%
	GAP	C	-0.03%
	JHG	A	-0.03%
	LAMR	D	-0.03%
	MEDP	D	-0.03%
	VVV	B	-0.03%
	LLY	F	-0.03%
	X	D	-0.03%
	EXEL	B	-0.03%
	BBWI	C	-0.02%
	CDW	F	-0.02%
	ABBV	F	-0.02%
	NEU	C	-0.02%
	CDNS	B	-0.02%
	FIVE	F	-0.02%
	TTEK	D	-0.02%
	EL	F	-0.02%
	M	C	-0.02%
	MHK	D	-0.02%
	CROX	F	-0.02%
	IWB	B	-0.0%

IMCV: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Oil & Gas E&P Packaged Foods Specialty Retail Asset Management Banks - Regional - US Insurance - Property & Casualty REIT - Residential Specialty Chemicals Utilities - Diversified Business Services Diagnostics & Research Diversified Industrials Packaging & Containers Oil & Gas Midstream Residential Construction Scientific & Technical Instruments Biotechnology Broadcasting - TV Building Materials

Keywords: S&P 500 Natural Gas Electricity Nasdaq 100 Insurance Real Estate Investment Trust Aerospace Electronics Insurance Products Beverage Computing Bank Chemical Banking Building Materials Disability Food Products Petroleum Industry Telecommunications Financial Products

QARP: Top Represented Industries & Keywords

Industries: Specialty Retail Oil & Gas E&P Semiconductors Drug Manufacturers - Major Capital Markets Diversified Industrials Restaurants Biotechnology Business Services Engineering & Construction Health Care Plans Auto Parts Building Materials Diagnostics & Research Household & Personal Products Integrated Shipping & Logistics Software - Application Software - Infrastructure Airlines Apparel Stores

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Dow Jones Component Electronics Chemical Building Materials Insurance Retailing Semiconductor Mining Construction Transport Clothing Petroleum Industry Telecommunications Aerospace Medicine Mobile Devices