IMCV vs. QUAL ETF Comparison

Comparison of iShares Morningstar Mid-Cap Value ETF (IMCV) to iShares MSCI USA Quality Factor ETF (QUAL)

IMCV

iShares Morningstar Mid-Cap Value ETF

IMCV Description

The investment seeks to track the investment results of the MorningstarÂ® 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 âvalueâ 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

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$179.56

Average Daily Volume

894,590

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	IMCV	QUAL
30 Days	0.30%	-1.29%
60 Days	2.98%	1.66%
90 Days	6.27%	3.14%
12 Months	27.11%	29.87%

43 Overlapping Holdings

Symbol	Grade	Weight in IMCV	Weight in QUAL	Overlap
ACGL	C	0.46%	0.25%	0.25%
AFG	A	0.11%	0.06%	0.06%
AFL	C	0.97%	0.39%	0.39%
AMP	A	0.32%	0.31%	0.31%
AOS	F	0.05%	0.06%	0.05%
APA	F	0.14%	0.18%	0.14%
ATO	A	0.39%	0.38%	0.38%
AVB	A	0.3%	0.23%	0.23%
AVY	D	0.14%	0.08%	0.08%
BBY	C	0.31%	0.27%	0.27%
CBRE	B	0.28%	0.34%	0.28%
DHI	D	0.89%	0.71%	0.71%
EA	A	0.2%	0.19%	0.19%
ED	D	0.6%	0.49%	0.49%
EQR	C	0.27%	0.17%	0.17%
EQT	A	0.15%	0.21%	0.15%
EXPD	D	0.3%	0.12%	0.12%
FERG	D	0.75%	0.29%	0.29%
GRMN	B	0.21%	0.48%	0.21%
HSY	F	0.21%	0.15%	0.15%
IPG	F	0.2%	0.05%	0.05%
KEYS	C	0.28%	0.17%	0.17%
MOH	F	0.15%	0.1%	0.1%
NTAP	D	0.22%	0.22%	0.22%
NVR	D	0.5%	0.52%	0.5%
OMC	C	0.36%	0.11%	0.11%
PEG	C	0.76%	0.64%	0.64%
PHM	D	0.28%	0.43%	0.28%
PKG	B	0.38%	0.1%	0.1%
POOL	D	0.13%	0.22%	0.13%
PPG	F	0.32%	0.15%	0.15%
PSA	C	0.5%	0.54%	0.5%
RS	B	0.32%	0.09%	0.09%
SOLV	C	0.18%	0.05%	0.05%
SRE	A	1.02%	0.89%	0.89%
TROW	A	0.47%	0.19%	0.19%
TSCO	D	0.16%	0.44%	0.16%
ULTA	D	0.17%	0.33%	0.17%
UTHR	B	0.28%	0.09%	0.09%
VLTO	D	0.18%	0.21%	0.18%
WAT	B	0.15%	0.14%	0.14%
WBA	F	0.12%	0.03%	0.03%
WSM	F	0.1%	0.29%	0.1%

IMCV Overweight 260 Positions Relative to QUAL

Symbol	Grade	Weight
COF	A	1.26%
WMB	A	1.22%
OKE	A	1.11%
GM	A	1.11%
NSC	B	1.09%
TFC	A	1.07%
PCAR	B	1.05%
BK	A	1.01%
SPG	A	0.98%
KMI	A	0.94%
AEP	C	0.91%
LHX	B	0.88%
FIS	B	0.88%
AIG	B	0.87%
CCI	D	0.81%
GEV	A	0.8%
VLO	C	0.78%
PRU	A	0.78%
F	C	0.77%
KVUE	A	0.73%
CTSH	B	0.72%
KR	B	0.72%
LEN	D	0.72%
CHTR	B	0.69%
GLW	B	0.67%
EXC	C	0.67%
NUE	D	0.67%
XEL	A	0.66%
HPQ	B	0.65%
GIS	D	0.65%
HIG	C	0.62%
HUM	F	0.62%
MTB	A	0.62%
TRV	A	0.6%
O	D	0.59%
VICI	C	0.58%
LNG	A	0.58%
EIX	C	0.57%
ETR	A	0.56%
FITB	A	0.56%
FANG	D	0.56%
CNC	F	0.56%
WEC	A	0.55%
URI	B	0.54%
ALL	A	0.53%
KHC	F	0.52%
KMB	C	0.52%
CAH	B	0.52%
UAL	A	0.51%
STT	A	0.51%
HPE	B	0.51%
D	C	0.49%
SW	A	0.47%
CARR	D	0.47%
PCG	A	0.46%
SYF	A	0.46%
BIIB	F	0.45%
HBAN	A	0.45%
DVN	F	0.44%
PPL	A	0.44%
ADM	D	0.44%
TRGP	A	0.44%
AEE	A	0.43%
CCL	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%
WY	D	0.41%
TEL	C	0.4%
CTVA	D	0.4%
WDC	F	0.4%
NEM	F	0.4%
BKR	A	0.39%
STLD	B	0.39%
MCHP	F	0.39%
LYB	F	0.39%
FE	C	0.38%
STX	D	0.38%
K	B	0.38%
ES	C	0.38%
DAL	A	0.38%
NTRS	A	0.38%
CFG	A	0.37%
DELL	C	0.36%
WBD	B	0.36%
LH	B	0.36%
ZM	B	0.35%
COR	B	0.35%
IP	A	0.35%
EBAY	D	0.35%
PFG	C	0.35%
DOW	F	0.34%
DFS	A	0.34%
ON	F	0.34%
CNP	A	0.34%
HOLX	D	0.33%
NDAQ	A	0.33%
GEHC	D	0.33%
EXE	A	0.33%
DD	D	0.33%
MSTR	B	0.33%
KEY	A	0.32%
VTR	C	0.31%
VST	A	0.31%
IRM	D	0.31%
BAX	F	0.31%
STZ	D	0.31%
DGX	A	0.31%
WTW	B	0.3%
GPN	B	0.3%
DG	F	0.3%
NI	A	0.29%
EG	D	0.29%
THC	C	0.29%
DOC	D	0.29%
SSNC	D	0.29%
RCL	A	0.29%
OC	A	0.29%
L	A	0.28%
CMI	A	0.28%
VTRS	A	0.28%
LDOS	C	0.28%
OTIS	D	0.28%
DLR	A	0.28%
MRO	A	0.28%
CF	A	0.27%
FNF	C	0.27%
IQV	F	0.26%
LNT	A	0.26%
AMCR	C	0.26%
RGA	A	0.26%
RNR	D	0.25%
SWKS	F	0.25%
EVRG	A	0.25%
EQH	B	0.25%
CINF	A	0.25%
AWK	C	0.24%
CAG	F	0.24%
BXP	D	0.23%
CMS	C	0.23%
GLPI	D	0.23%
NRG	B	0.23%
UNM	A	0.22%
SJM	F	0.22%
WPC	D	0.22%
BG	D	0.22%
SNA	A	0.22%
ARE	D	0.22%
HST	D	0.22%
JNPR	D	0.22%
MAA	A	0.21%
OVV	C	0.21%
EMN	C	0.21%
HAL	C	0.21%
RJF	A	0.21%
ZBH	C	0.2%
FLEX	B	0.2%
EXPE	A	0.2%
NWSA	B	0.2%
BLDR	D	0.2%
CG	B	0.2%
FOXA	A	0.19%
RPRX	F	0.19%
TDY	B	0.19%
LUV	A	0.19%
CTRA	A	0.19%
GPC	D	0.18%
MAS	D	0.18%
CPNG	C	0.18%
DRI	B	0.18%
ALLY	C	0.18%
ESS	A	0.18%
LKQ	D	0.18%
TOL	B	0.18%
TAP	A	0.18%
AES	F	0.17%
CNH	D	0.17%
TXT	D	0.16%
TER	F	0.16%
MRNA	F	0.16%
MOS	D	0.16%
MKC	D	0.16%
CPB	D	0.16%
FFIV	B	0.15%
DOV	A	0.15%
TSN	A	0.15%
RVTY	D	0.15%
DKNG	B	0.15%
AR	B	0.15%
PINS	F	0.14%
ACI	C	0.14%
FTV	D	0.14%
WRB	A	0.14%
MKL	A	0.14%
BALL	D	0.14%
GEN	B	0.14%
CCK	D	0.13%
DLTR	F	0.13%
CPT	D	0.13%
SWK	F	0.13%
CLX	A	0.13%
REG	A	0.13%
AKAM	F	0.13%
USFD	B	0.13%
DKS	D	0.12%
JBL	C	0.12%
WTRG	C	0.12%
UHS	D	0.12%
APTV	F	0.12%
DINO	D	0.12%
XPO	B	0.11%
ENTG	F	0.11%
BEN	C	0.11%
JBHT	B	0.11%
SNX	D	0.11%
INCY	B	0.11%
J	D	0.11%
BJ	B	0.11%
CPAY	A	0.11%
EPAM	B	0.11%
AVTR	F	0.11%
SIRI	C	0.11%
FOX	A	0.1%
KMX	B	0.1%
ALB	C	0.1%
BAH	D	0.1%
TFX	F	0.1%
ALGN	D	0.1%
RPM	A	0.1%
SCI	B	0.1%
COO	D	0.1%
TRMB	A	0.1%
ACM	B	0.1%
HRL	D	0.1%
KIM	A	0.09%
BLD	F	0.09%
ELS	B	0.09%
ZBRA	B	0.09%
MGM	D	0.09%
UDR	C	0.09%
RRX	B	0.09%
ALLE	D	0.09%
PNR	A	0.08%
CASY	B	0.08%
DVA	C	0.07%
CRL	D	0.07%
UHAL	D	0.07%
CE	F	0.07%
HII	F	0.06%
PAG	A	0.06%
NWS	A	0.06%
AGR	A	0.05%
WLK	F	0.05%
QRVO	F	0.05%
LEN	D	0.03%
UHAL	D	0.01%
COTY	F	0.01%

IMCV Underweight 80 Positions Relative to QUAL

Symbol	Grade	Weight
NVDA	B	-7.09%
AAPL	C	-5.37%
MSFT	D	-4.5%
V	A	-4.34%
META	C	-4.26%
MA	A	-4.09%
LLY	F	-3.57%
UNH	B	-2.8%
COST	B	-2.51%
JNJ	D	-2.13%
TJX	A	-1.93%
GOOGL	B	-1.81%
ADP	B	-1.75%
CSCO	B	-1.72%
ADBE	F	-1.71%
COP	C	-1.69%
ACN	C	-1.66%
NFLX	A	-1.66%
GOOG	B	-1.58%
CAT	B	-1.45%
KO	D	-1.44%
TXN	C	-1.42%
NKE	D	-1.36%
AMAT	F	-1.31%
CMG	B	-1.22%
QCOM	F	-1.21%
LIN	D	-1.15%
PEP	F	-1.11%
LMT	D	-1.08%
BLK	A	-0.96%
SLB	C	-0.87%
KLAC	F	-0.83%
ANET	C	-0.81%
LRCX	F	-0.8%
MMC	C	-0.73%
ITW	B	-0.72%
PLD	D	-0.7%
VRTX	C	-0.66%
LULU	C	-0.64%
CTAS	B	-0.6%
CDNS	B	-0.59%
GWW	A	-0.58%
SHW	B	-0.57%
TPL	A	-0.56%
SNPS	C	-0.54%
MCO	C	-0.51%
APH	B	-0.51%
CME	A	-0.5%
MMM	D	-0.5%
PAYX	B	-0.49%
ZTS	D	-0.49%
DECK	A	-0.47%
FAST	B	-0.41%
ODFL	B	-0.34%
APD	A	-0.33%
IDXX	F	-0.3%
CSGP	F	-0.27%
EW	C	-0.23%
MPWR	F	-0.23%
MNST	D	-0.22%
A	D	-0.22%
ROK	A	-0.21%
MANH	D	-0.2%
RMD	C	-0.18%
LPLA	A	-0.17%
VEEV	C	-0.16%
EME	B	-0.16%
CBOE	D	-0.14%
WSO	A	-0.12%
FDS	A	-0.12%
WST	C	-0.12%
ROL	A	-0.11%
JKHY	D	-0.1%
GGG	A	-0.1%
ERIE	F	-0.09%
SMCI	F	-0.08%
PAYC	B	-0.08%
SEIC	A	-0.07%
ENPH	F	-0.07%
MKTX	C	-0.07%