LVOL vs. XSW ETF Comparison

Comparison of American Century Low Volatility ETF (LVOL) to SPDR S&P Software & Services ETF (XSW)

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

$54.26

Average Daily Volume

242

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

$160.77

Average Daily Volume

9,712

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	LVOL	XSW
30 Days	2.09%	3.94%
60 Days	4.45%	3.22%
90 Days	6.27%	6.39%
12 Months	25.89%	27.59%

12 Overlapping Holdings

Symbol	Grade	Weight in LVOL	Weight in XSW	Overlap
ACN	C	2.61%	0.8%	0.8%
ADSK	B	0.71%	0.82%	0.71%
CRM	C	0.19%	0.79%	0.19%
CTSH	B	1.46%	0.8%	0.8%
DLB	D	0.2%	0.64%	0.2%
EA	D	0.67%	0.71%	0.67%
IBM	B	0.65%	0.87%	0.65%
INTU	D	1.43%	0.76%	0.76%
IT	C	0.45%	0.82%	0.45%
MSFT	C	8.08%	0.68%	0.68%
PTC	C	0.99%	0.71%	0.71%
ROP	C	0.76%	0.7%	0.7%

LVOL Overweight 86 Positions Relative to XSW

Symbol	Grade	Weight
AAPL	C	6.79%
V	C	2.91%
JNJ	C	2.84%
PG	C	2.76%
CSCO	B	2.66%
HD	B	2.54%
BRK.A	C	2.48%
LIN	B	2.39%
MA	B	2.38%
GOOGL	D	2.11%
AMZN	C	2.08%
COST	C	2.01%
KO	B	1.95%
MMC	C	1.89%
MDT	B	1.85%
APH	C	1.8%
MRK	F	1.8%
CTAS	C	1.75%
TEL	D	1.72%
SPGI	C	1.45%
ABT	C	1.33%
PEP	D	1.31%
MCD	B	1.29%
DOX	C	1.28%
PAYX	C	1.23%
HON	C	1.21%
CB	B	1.2%
CMI	B	1.07%
BSX	B	1.05%
SHW	B	1.02%
RSG	D	0.99%
CL	C	0.98%
GD	C	0.95%
WM	D	0.87%
ECL	B	0.87%
MCO	C	0.86%
MSI	B	0.82%
ITW	B	0.8%
DOV	B	0.77%
GOOG	D	0.7%
SYK	C	0.67%
HIG	B	0.66%
TDY	B	0.63%
AMP	B	0.6%
NDSN	C	0.58%
KMB	C	0.56%
TRV	C	0.5%
FAST	C	0.49%
GWW	B	0.49%
YUM	B	0.45%
VRSK	D	0.44%
OTIS	B	0.4%
CMCSA	C	0.39%
WMT	B	0.35%
SNA	B	0.33%
LOW	B	0.3%
GRMN	D	0.3%
NTAP	D	0.29%
BLK	B	0.28%
BR	C	0.28%
HOLX	D	0.22%
PKG	B	0.22%
MDLZ	C	0.21%
MAS	B	0.2%
AVY	C	0.2%
VRSN	C	0.19%
IEX	C	0.18%
FDS	C	0.17%
ZBH	F	0.17%
FFIV	B	0.15%
LLY	D	0.15%
JKHY	B	0.15%
ORLY	B	0.13%
CDW	D	0.12%
CW	B	0.11%
AJG	D	0.1%
AXP	B	0.1%
AON	B	0.1%
ABBV	B	0.09%
ITT	B	0.09%
CHE	C	0.08%
GGG	C	0.08%
LSTR	D	0.08%
DCI	C	0.08%
AVB	C	0.06%
VLTO	B	0.04%

LVOL Underweight 115 Positions Relative to XSW

Symbol	Grade	Weight
AUR	C	-1.42%
YOU	B	-1.26%
ZETA	C	-1.22%
IOT	C	-1.17%
APP	C	-1.1%
PLTR	C	-1.07%
INTA	C	-0.97%
ACIW	B	-0.95%
QTWO	C	-0.95%
FICO	B	-0.95%
S	D	-0.93%
RBLX	C	-0.91%
CWAN	C	-0.91%
GWRE	B	-0.9%
CVLT	B	-0.9%
VRNS	B	-0.88%
BOX	C	-0.87%
NOW	C	-0.87%
FTNT	B	-0.86%
TYL	C	-0.85%
ALKT	D	-0.85%
U	D	-0.85%
SMAR	A	-0.84%
MANH	B	-0.83%
APPN	C	-0.83%
ORCL	B	-0.83%
JAMF	D	-0.82%
PEGA	B	-0.81%
GTLB	D	-0.81%
DXC	D	-0.81%
WDAY	D	-0.81%
IDCC	B	-0.81%
ZM	C	-0.8%
PRGS	A	-0.8%
AGYS	D	-0.79%
DBX	C	-0.79%
BILL	D	-0.78%
SOUN	D	-0.78%
DT	C	-0.78%
WULF	C	-0.78%
DOCU	C	-0.78%
BL	D	-0.78%
EPAM	F	-0.77%
BLKB	C	-0.77%
SEMR	C	-0.76%
NTNX	D	-0.75%
PATH	D	-0.74%
SWI	B	-0.73%
NNBR	C	-0.73%
RNG	F	-0.73%
SPSC	D	-0.73%
WK	D	-0.73%
ASGN	D	-0.73%
ENV	C	-0.72%
VERX	D	-0.72%
PANW	D	-0.72%
YEXT	C	-0.71%
ATEN	C	-0.71%
BSY	C	-0.7%
BRZE	F	-0.7%
PRFT	B	-0.7%
ASAN	F	-0.7%
OSPN	C	-0.7%
TEAM	D	-0.7%
PWSC	C	-0.7%
ANSS	D	-0.69%
APPF	C	-0.69%
ADBE	F	-0.69%
TENB	F	-0.69%
HCP	A	-0.69%
OLO	F	-0.69%
ALTR	C	-0.68%
PLTK	C	-0.68%
ETWO	D	-0.68%
MSTR	C	-0.67%
NCNO	F	-0.67%
DDOG	D	-0.67%
INST	D	-0.66%
TTWO	D	-0.66%
RPD	D	-0.65%
PCOR	D	-0.65%
FRSH	F	-0.65%
NABL	F	-0.64%
KD	F	-0.64%
GDYN	C	-0.64%
ZS	F	-0.64%
ZUO	F	-0.63%
DV	F	-0.63%
CXM	F	-0.62%
CDNS	D	-0.62%
QLYS	D	-0.62%
HUBS	D	-0.62%
ALRM	F	-0.61%
RAMP	F	-0.61%
TDC	D	-0.6%
SNPS	F	-0.6%
IBUY	A	-0.6%
SPT	F	-0.59%
INFA	D	-0.59%
DMRC	F	-0.58%
PDFS	D	-0.58%
MITK	F	-0.57%
AI	F	-0.56%
MARA	D	-0.55%
CFLT	F	-0.51%
CRWD	D	-0.5%
PRO	F	-0.5%
VRNT	F	-0.5%
FIVN	F	-0.47%
RIOT	F	-0.47%
ESTC	F	-0.46%
CLSK	F	-0.35%
HCKT	C	-0.33%
EGHT	F	-0.3%
AMSWA	C	-0.29%