IWL vs. VSMV ETF Comparison

Comparison of iShares Russell Top 200 ETF (IWL) to VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV)

IWL

iShares Russell Top 200 ETF

IWL Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities. 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. It seeks to track the investment results of the Russell Top 200Â® Index (the "underlying index"), which is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$147.18

Average Daily Volume

53,387

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

VSMV

VictoryShares US Multi-Factor Minimum Volatility ETF

VSMV Description

The investment seeks to provide investment results that track the performance of the Nasdaq Victory US Multi-Factor Minimum Volatility Index before fees and expenses. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in securities included in the Nasdaq Victory US Multi-Factor Minimum Volatility Index (the index). The index utilizes a rules-based approach designed to generate investment returns with less volatility than the broader U.S. market.

Grade (RS Rating)

Last Trade

$50.60

Average Daily Volume

11,717

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWL	VSMV
30 Days	3.60%	5.05%
60 Days	5.26%	5.08%
90 Days	8.04%	5.77%
12 Months	34.70%	24.44%

32 Overlapping Holdings

Symbol	Grade	Weight in IWL	Weight in VSMV	Overlap
AAPL	A	7.79%	9.53%	7.79%
ABBV	D	0.7%	2.17%	0.7%
ACN	B	0.53%	0.25%	0.25%
ADP	A	0.29%	2.88%	0.29%
BMY	B	0.27%	0.27%	0.27%
CAT	B	0.45%	0.24%	0.24%
CI	D	0.21%	2.5%	0.21%
CL	D	0.18%	0.22%	0.18%
CMCSA	C	0.39%	0.38%	0.38%
COST	A	0.96%	2.64%	0.96%
CSX	B	0.16%	0.31%	0.16%
EOG	C	0.18%	1.96%	0.18%
GD	F	0.19%	0.43%	0.19%
GILD	B	0.26%	0.26%	0.26%
GOOGL	C	2.41%	1.77%	1.77%
HCA	F	0.15%	0.2%	0.15%
JNJ	D	0.88%	3.48%	0.88%
KMB	C	0.11%	0.27%	0.11%
KO	D	0.57%	0.22%	0.22%
LMT	D	0.27%	2.92%	0.27%
MCK	B	0.19%	2.65%	0.19%
MMM	C	0.17%	0.23%	0.17%
MRK	D	0.58%	2.5%	0.58%
MSFT	C	7.35%	8.63%	7.35%
MSI	B	0.19%	0.27%	0.19%
PG	A	0.95%	3.03%	0.95%
PYPL	B	0.21%	0.26%	0.21%
RSG	A	0.1%	3.08%	0.1%
TJX	A	0.32%	0.28%	0.28%
WM	A	0.21%	2.94%	0.21%
WMT	A	0.87%	3.94%	0.87%
XOM	C	1.27%	3.57%	1.27%

IWL Overweight 165 Positions Relative to VSMV

Symbol	Grade	Weight
NVDA	C	7.91%
AMZN	B	4.48%
META	D	2.89%
TSLA	B	2.12%
BRK.A	B	2.05%
GOOG	C	2.04%
AVGO	D	1.78%
JPM	B	1.67%
LLY	D	1.42%
UNH	B	1.3%
V	A	1.16%
MA	A	1.03%
HD	B	0.96%
NFLX	B	0.84%
BAC	A	0.76%
CRM	B	0.73%
ORCL	B	0.69%
CVX	A	0.66%
WFC	A	0.62%
CSCO	A	0.55%
ADBE	C	0.53%
AMD	F	0.52%
PEP	F	0.52%
LIN	D	0.51%
MCD	D	0.5%
DIS	B	0.5%
NOW	A	0.49%
PM	A	0.48%
ABT	B	0.48%
TMO	F	0.47%
GE	C	0.46%
GS	A	0.45%
INTU	C	0.45%
IBM	C	0.45%
TXN	D	0.44%
ISRG	B	0.44%
QCOM	F	0.43%
VZ	B	0.42%
BKNG	A	0.4%
T	A	0.39%
SPGI	B	0.38%
RTX	D	0.38%
AXP	A	0.38%
LOW	C	0.37%
BLK	C	0.37%
MS	C	0.37%
NEE	D	0.37%
PGR	A	0.36%
AMGN	F	0.36%
UBER	D	0.35%
DHR	D	0.35%
HON	B	0.35%
SYK	B	0.34%
ETN	A	0.34%
UNP	C	0.34%
AMAT	F	0.33%
PFE	D	0.33%
BX	B	0.31%
COP	D	0.31%
C	B	0.31%
BSX	B	0.3%
SCHW	A	0.29%
VRTX	D	0.29%
FI	A	0.29%
CB	C	0.28%
PANW	B	0.28%
SBUX	B	0.27%
MDT	D	0.27%
TMUS	A	0.27%
MMC	A	0.26%
INTC	D	0.25%
PLD	D	0.25%
MU	F	0.25%
DE	B	0.24%
KKR	A	0.24%
ADI	D	0.24%
BA	F	0.23%
MO	A	0.23%
SO	C	0.23%
ANET	C	0.23%
UPS	C	0.23%
LRCX	F	0.22%
AMT	D	0.22%
NKE	F	0.22%
TT	A	0.22%
ELV	F	0.22%
MDLZ	F	0.21%
DUK	C	0.21%
ICE	D	0.21%
SHW	A	0.21%
PH	A	0.21%
GEV	B	0.21%
WELL	A	0.2%
PNC	A	0.2%
KLAC	D	0.2%
APH	B	0.2%
EQIX	A	0.2%
APO	A	0.2%
USB	A	0.19%
REGN	F	0.19%
CDNS	B	0.19%
SNPS	B	0.19%
ZTS	F	0.19%
CMG	B	0.19%
ITW	A	0.19%
CME	A	0.19%
CTAS	A	0.18%
AON	A	0.18%
MCO	A	0.18%
MRVL	B	0.18%
CRWD	B	0.18%
COF	B	0.17%
ORLY	A	0.17%
CEG	C	0.17%
TGT	F	0.17%
APD	A	0.17%
EMR	A	0.17%
BDX	F	0.16%
FDX	B	0.16%
CVS	D	0.16%
CRH	A	0.16%
NOC	D	0.16%
TDG	D	0.16%
ECL	D	0.15%
FCX	F	0.15%
SLB	C	0.15%
TFC	B	0.15%
CARR	D	0.15%
GM	C	0.15%
MAR	A	0.15%
ADSK	B	0.15%
PCAR	B	0.14%
ABNB	C	0.14%
SRE	B	0.14%
DASH	A	0.14%
ROP	B	0.14%
NSC	A	0.14%
FTNT	B	0.14%
TRV	B	0.14%
PSA	C	0.13%
AZO	B	0.13%
PSX	C	0.13%
WDAY	C	0.13%
MPC	D	0.13%
JCI	C	0.13%
MET	A	0.12%
CPRT	A	0.12%
AIG	B	0.12%
AEP	C	0.12%
VLO	C	0.11%
NEM	F	0.11%
D	C	0.11%
EW	C	0.1%
F	C	0.1%
DELL	C	0.09%
MNST	B	0.09%
TEAM	B	0.09%
STZ	F	0.09%
LULU	C	0.09%
SNOW	C	0.09%
OXY	F	0.08%
KDP	D	0.08%
KHC	D	0.07%
MRNA	F	0.03%
EL	F	0.03%

IWL Underweight 36 Positions Relative to VSMV

Symbol	Grade	Weight
COR	A	-3.18%
AFL	A	-2.9%
CAH	B	-2.7%
ALL	A	-2.63%
CTSH	A	-2.48%
HPE	B	-2.25%
NTAP	B	-2.13%
LDOS	D	-2.01%
KMI	B	-1.84%
CINF	A	-1.36%
WMB	B	-1.34%
FFIV	A	-1.05%
MUSA	A	-0.87%
CCK	D	-0.83%
PAYX	B	-0.82%
NYT	D	-0.67%
ATR	B	-0.52%
DVA	A	-0.51%
SPG	A	-0.4%
ANF	C	-0.4%
PKG	A	-0.4%
ALSN	B	-0.3%
SNA	A	-0.3%
CPAY	A	-0.29%
STLD	B	-0.28%
WSO	B	-0.27%
CHRD	F	-0.25%
BERY	B	-0.25%
AM	A	-0.25%
NUE	D	-0.24%
LSTR	C	-0.23%
THC	D	-0.22%
PHM	D	-0.22%
GIS	D	-0.21%
LEA	D	-0.21%
BBY	D	-0.2%