LVOL vs. IPDP ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to Dividend Performers ETF (IPDP)

LVOL

American Century Low Volatility ETF

LVOL Description

The investment seeks capital appreciation. The fund generally invests in common stocks of U.S. companies that have a market capitalization greater than $2 billion. It seeks to deliver a lower realized portfolio volatility than its benchmark, the S&P 500® Index, by utilizing a stock selection process that expands on traditional measures of price volatility by including measures of asymmetric volatility and seeking securities of businesses that demonstrate consistent cash-flows, stable operations, and strong balance sheets. The fund is an actively managed ETF that does not seek to replicate the performance of a specified index.

Grade (RS Rating)

Last Trade

$56.03

Average Daily Volume

251

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPDP

Dividend Performers ETF

IPDP Description

The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.

Grade (RS Rating)

Last Trade

$20.77

Average Daily Volume

1,324

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	IPDP
30 Days	2.27%	5.99%
60 Days	3.47%	7.03%
90 Days	5.50%	8.82%
12 Months	22.98%	33.16%

22 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in IPDP	Overlap
AAPL	C	7.05%	2.25%	2.25%
ABT	B	1.33%	2.23%	1.33%
ACN	C	2.47%	2.36%	2.36%
ADP	B	0.31%	2.29%	0.31%
AMP	A	0.71%	2.32%	0.71%
APH	A	1.93%	2.17%	1.93%
CSCO	B	2.61%	2.32%	2.32%
CTAS	B	1.79%	2.27%	1.79%
DCI	B	0.08%	2.09%	0.08%
DOV	A	0.79%	2.2%	0.79%
ECL	D	0.92%	2.16%	0.92%
GWW	B	0.54%	2.29%	0.54%
HD	A	2.43%	0.24%	0.24%
HIG	B	0.64%	2.27%	0.64%
IEX	B	0.33%	2.14%	0.33%
JNJ	D	2.1%	2.02%	2.02%
MMC	B	1.82%	2.16%	1.82%
MRK	F	1.45%	1.52%	1.45%
MSI	B	0.88%	1.72%	0.88%
SNA	A	0.4%	2.31%	0.4%
SYK	C	0.57%	2.33%	0.57%
TROW	B	0.16%	2.04%	0.16%

LVOL Overweight 76 Positions Relative to IPDP

Symbol	Grade	Weight
MSFT	F	7.69%
V	A	3.17%
AMZN	C	2.9%
MA	C	2.64%
PG	A	2.59%
BRK.A	B	2.48%
LIN	D	2.43%
GOOGL	C	2.35%
COST	B	1.75%
MDT	D	1.67%
SPGI	C	1.54%
INTU	C	1.53%
CTSH	B	1.49%
HON	B	1.32%
PAYX	C	1.32%
PTC	A	1.26%
DOX	D	1.23%
BSX	B	1.08%
PEP	F	1.03%
RSG	A	1.01%
SHW	A	1.0%
FI	A	0.99%
GD	F	0.9%
MCO	B	0.85%
WM	A	0.85%
CL	D	0.84%
WMT	A	0.83%
ITW	B	0.8%
ADSK	A	0.77%
ROP	B	0.76%
EA	A	0.75%
GOOG	C	0.74%
LOW	D	0.69%
TDY	B	0.67%
CB	C	0.65%
BLK	C	0.63%
PSA	D	0.56%
NDSN	B	0.55%
FAST	B	0.54%
MCD	D	0.53%
CRM	B	0.52%
KMB	D	0.5%
IT	C	0.46%
VRSK	A	0.46%
YUM	B	0.43%
CMCSA	B	0.41%
IBM	C	0.4%
OTIS	C	0.38%
NTAP	C	0.37%
PH	A	0.36%
NOW	A	0.35%
BR	A	0.3%
BMY	B	0.27%
ABBV	D	0.25%
AVB	B	0.24%
PKG	A	0.24%
CMI	A	0.24%
ZBH	C	0.22%
BKNG	A	0.2%
HOLX	D	0.2%
MAS	D	0.19%
KO	D	0.19%
AVY	D	0.18%
MDLZ	F	0.18%
FDS	B	0.18%
MNST	C	0.18%
VRSN	F	0.18%
MSCI	C	0.17%
FFIV	B	0.16%
HLT	A	0.15%
AMGN	D	0.14%
JKHY	D	0.14%
CW	B	0.12%
GGG	B	0.08%
LSTR	D	0.08%
CHE	D	0.07%

LVOL Underweight 28 Positions Relative to IPDP

Symbol	Grade	Weight
CAH	B	-2.37%
AIT	A	-2.34%
TT	A	-2.31%
HNI	B	-2.3%
COR	B	-2.28%
SEIC	B	-2.28%
TRV	B	-2.27%
BRO	B	-2.27%
MCK	B	-2.26%
APOG	B	-2.26%
BRC	D	-2.25%
ABM	B	-2.24%
UNH	C	-2.23%
ETN	A	-2.22%
RGA	A	-2.2%
WTS	B	-1.99%
UPS	C	-1.88%
LECO	B	-1.87%
A	D	-1.78%
AOS	F	-1.74%
KLAC	D	-1.68%
GPC	D	-1.67%
QCOM	F	-1.6%
NSP	D	-1.52%
ELV	F	-1.51%
AVGO	D	-0.25%
HPQ	B	-0.23%
CSX	B	-0.22%