LOWV vs. XSW ETF Comparison

Comparison of AB US Low Volatility Equity ETF (LOWV) to SPDR S&P Software & Services ETF (XSW)

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.31

Average Daily Volume

7,471

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$190.99

Average Daily Volume

12,684

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	LOWV	XSW
30 Days	0.65%	11.83%
60 Days	1.62%	17.49%
90 Days	3.74%	21.58%
12 Months	24.15%	40.17%

8 Overlapping Holdings

Symbol	Grade	Weight in LOWV	Weight in XSW	Overlap
ADBE	D	1.45%	0.6%	0.6%
DLB	B	0.65%	0.62%	0.62%
EA	A	0.83%	0.67%	0.67%
GEN	B	0.83%	0.69%	0.69%
INTU	B	1.71%	0.65%	0.65%
MSFT	D	8.11%	0.59%	0.59%
NOW	B	1.19%	0.71%	0.71%
ORCL	A	2.33%	0.7%	0.7%

LOWV Overweight 65 Positions Relative to XSW

Symbol	Grade	Weight
GOOG	B	4.98%
AAPL	C	3.8%
AVGO	D	3.42%
FI	A	2.43%
NVDA	A	2.31%
UNH	B	2.13%
ABBV	F	2.06%
AMZN	B	1.94%
V	A	1.9%
PM	A	1.76%
ADP	B	1.75%
MRK	F	1.72%
MCK	A	1.71%
META	C	1.69%
JPM	B	1.52%
AZO	C	1.46%
KO	D	1.34%
MMC	D	1.32%
GILD	B	1.31%
CMCSA	B	1.26%
AEP	C	1.25%
DOX	D	1.23%
LHX	B	1.19%
MA	B	1.18%
BAC	A	1.18%
LULU	C	1.1%
G	B	1.08%
CBOE	C	1.05%
PG	C	1.05%
SHW	C	1.03%
EG	C	1.01%
CI	D	0.99%
LLY	F	0.98%
ACM	B	0.96%
BKNG	A	0.94%
NYT	D	0.92%
VRTX	D	0.89%
YUM	D	0.88%
MDT	D	0.84%
RELX	D	0.84%
WMT	A	0.81%
PGR	B	0.79%
WTW	B	0.78%
AEE	A	0.75%
NTAP	C	0.74%
PSA	D	0.7%
LDOS	C	0.68%
ETN	B	0.67%
LMT	D	0.67%
XOM	A	0.65%
AMAT	F	0.64%
MSCI	C	0.63%
ADI	D	0.61%
MTB	A	0.6%
RGA	B	0.58%
CL	D	0.51%
AFG	A	0.5%
TSM	C	0.48%
PAYX	B	0.47%
ORLY	B	0.47%
VZ	C	0.45%
SPGI	D	0.4%
FR	D	0.39%
TMO	D	0.31%
NICE	D	0.31%

LOWV Underweight 125 Positions Relative to XSW

Symbol	Grade	Weight
APP	B	-1.52%
MSTR	B	-1.39%
CIFR	C	-1.29%
RIOT	C	-1.06%
NNBR	C	-1.04%
BILL	A	-1.04%
WULF	C	-1.04%
PLTR	B	-1.02%
CLSK	C	-0.96%
TEAM	B	-0.93%
RBRK	A	-0.88%
FRSH	C	-0.88%
CFLT	B	-0.87%
DOCU	B	-0.87%
HUBS	A	-0.86%
NCNO	B	-0.85%
FIVN	C	-0.85%
VERX	A	-0.84%
QTWO	A	-0.83%
PEGA	B	-0.81%
CRM	B	-0.81%
CRWD	B	-0.81%
MARA	B	-0.81%
IDCC	B	-0.81%
PRO	C	-0.79%
RNG	C	-0.78%
SOUN	C	-0.78%
FTNT	B	-0.78%
INTA	A	-0.77%
ZM	B	-0.76%
OLO	B	-0.76%
CWAN	B	-0.76%
WK	C	-0.76%
PCOR	C	-0.76%
BL	C	-0.75%
KD	A	-0.75%
ALKT	B	-0.75%
FICO	A	-0.75%
AGYS	A	-0.74%
EPAM	C	-0.74%
ZS	C	-0.74%
NTNX	B	-0.73%
ASAN	C	-0.73%
APPN	C	-0.73%
RPD	C	-0.73%
ATEN	A	-0.73%
S	C	-0.73%
CVLT	A	-0.72%
TTWO	A	-0.72%
ESTC	C	-0.72%
QLYS	C	-0.72%
PRGS	B	-0.71%
DDOG	A	-0.71%
ALTR	B	-0.71%
AI	B	-0.71%
DJCO	B	-0.71%
ADSK	A	-0.71%
RBLX	B	-0.7%
PANW	A	-0.7%
DV	C	-0.7%
ACIW	B	-0.7%
GWRE	A	-0.69%
PD	C	-0.68%
DBX	C	-0.68%
SNPS	C	-0.68%
CDNS	B	-0.68%
VYX	B	-0.67%
IOT	A	-0.67%
BLND	A	-0.67%
MITK	D	-0.67%
ZUO	B	-0.67%
GTLB	B	-0.67%
PLTK	B	-0.67%
PTC	B	-0.67%
SWI	B	-0.66%
RAMP	C	-0.66%
ALRM	C	-0.66%
WDAY	C	-0.66%
ANSS	B	-0.65%
IT	C	-0.65%
PATH	C	-0.65%
MANH	D	-0.65%
DT	D	-0.64%
TENB	D	-0.64%
ACN	B	-0.64%
TYL	B	-0.64%
CTSH	B	-0.64%
SMAR	A	-0.64%
BOX	B	-0.63%
BRZE	C	-0.63%
SPT	C	-0.63%
TDC	D	-0.63%
AUR	C	-0.63%
OSPN	A	-0.63%
DXC	C	-0.63%
YEXT	B	-0.62%
ASGN	F	-0.62%
ROP	C	-0.62%
APPF	C	-0.62%
QXO	C	-0.62%
CXM	C	-0.61%
GDYN	C	-0.61%
BLKB	C	-0.61%
SEMR	C	-0.61%
INFA	C	-0.6%
HCP	B	-0.6%
ENV	B	-0.6%
VRNT	D	-0.59%
MLNK	C	-0.59%
BSY	D	-0.59%
IBM	C	-0.59%
VRNS	D	-0.59%
U	C	-0.58%
SPSC	D	-0.58%
IBUY	B	-0.55%
NABL	F	-0.53%
JAMF	F	-0.52%
YOU	D	-0.52%
WEAV	B	-0.46%
ETWO	F	-0.44%
CCSI	C	-0.4%
HCKT	B	-0.4%
ZETA	D	-0.39%
DMRC	B	-0.39%
LGTY	B	-0.26%