PAPI vs. LVOL ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to American Century Low Volatility ETF (LVOL)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

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

Performance

Period	PAPI	LVOL
30 Days	3.08%	2.27%
60 Days	3.73%	3.47%
90 Days	4.88%	5.50%
12 Months	19.25%	22.98%

35 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in LVOL	Overlap
ABBV	D	0.46%	0.25%	0.25%
ABT	B	0.52%	1.35%	0.52%
ACN	C	0.5%	2.46%	0.5%
ADP	B	0.54%	0.31%	0.31%
CHE	D	0.49%	0.07%	0.07%
CMCSA	B	0.54%	0.41%	0.41%
CMI	A	0.57%	0.24%	0.24%
COST	B	0.54%	1.78%	0.54%
CSCO	B	0.54%	2.62%	0.54%
CTSH	B	0.53%	1.44%	0.53%
DCI	B	0.55%	0.08%	0.08%
DOX	D	0.49%	1.21%	0.49%
EA	A	0.59%	0.77%	0.59%
FAST	B	0.56%	0.55%	0.55%
GD	F	0.5%	0.87%	0.5%
GGG	B	0.55%	0.08%	0.08%
HIG	B	0.51%	0.66%	0.51%
IBM	C	0.46%	0.42%	0.42%
JKHY	D	0.49%	0.14%	0.14%
JNJ	D	0.5%	2.14%	0.5%
KMB	D	0.49%	0.53%	0.49%
KO	D	0.45%	0.19%	0.19%
LIN	D	0.49%	2.44%	0.49%
MDT	D	0.51%	1.64%	0.51%
MRK	F	0.46%	1.45%	0.46%
MSFT	F	0.53%	7.55%	0.53%
PAYX	C	0.53%	1.29%	0.53%
PEP	F	0.48%	1.0%	0.48%
PG	A	0.52%	2.68%	0.52%
PKG	A	0.56%	0.25%	0.25%
ROP	B	0.52%	0.75%	0.52%
SNA	A	0.63%	0.41%	0.41%
SYK	C	0.57%	0.58%	0.57%
TROW	B	0.56%	0.16%	0.16%
WMT	A	0.54%	0.87%	0.54%

PAPI Overweight 154 Positions Relative to LVOL

Symbol	Grade	Weight
GRMN	B	0.65%
IP	B	0.63%
DTM	B	0.62%
BKR	B	0.62%
EMR	A	0.61%
OKE	A	0.61%
UNM	A	0.61%
IDCC	A	0.61%
PINC	B	0.6%
FOX	A	0.59%
CFR	B	0.59%
TAP	C	0.59%
PB	A	0.59%
MO	A	0.59%
IDA	A	0.59%
KMI	A	0.58%
CINF	A	0.58%
JHG	A	0.58%
WMB	A	0.58%
JCI	C	0.58%
WHR	B	0.57%
RHI	B	0.57%
TRV	B	0.57%
SRE	A	0.57%
CTRA	B	0.57%
RF	A	0.57%
DGX	A	0.57%
LH	C	0.57%
TXRH	C	0.57%
FOXA	B	0.57%
XEL	A	0.57%
CVX	A	0.57%
WSO	A	0.56%
CAH	B	0.56%
EOG	A	0.56%
RS	B	0.56%
PM	B	0.56%
COP	C	0.56%
VLO	C	0.55%
PPL	B	0.55%
INGR	B	0.55%
UNH	C	0.55%
EVRG	A	0.55%
OGE	B	0.55%
T	A	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
COR	B	0.54%
OGS	A	0.54%
ORI	A	0.54%
CHD	B	0.54%
AFG	A	0.54%
DRI	B	0.54%
TJX	A	0.54%
MTN	C	0.54%
AEE	A	0.54%
LHX	C	0.53%
AM	A	0.53%
GILD	C	0.53%
TXN	C	0.53%
PRU	A	0.53%
ATO	A	0.53%
MSM	C	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
LNT	A	0.52%
BMI	B	0.52%
NFG	A	0.52%
ATR	B	0.52%
PEG	A	0.52%
UPS	C	0.52%
HPQ	B	0.52%
EXPD	D	0.52%
XOM	B	0.52%
PSX	C	0.52%
CHRD	D	0.52%
WEC	A	0.52%
CME	A	0.52%
POR	C	0.51%
AVT	C	0.51%
DD	D	0.51%
CALM	A	0.51%
DLB	B	0.51%
DINO	D	0.51%
FNF	B	0.51%
APD	A	0.51%
LKQ	D	0.51%
OXM	D	0.51%
CTVA	C	0.5%
BDX	F	0.5%
DUK	C	0.5%
RTX	C	0.5%
POWI	D	0.5%
NYT	C	0.5%
DVN	F	0.5%
FE	C	0.5%
VZ	C	0.5%
CCOI	B	0.5%
SNX	C	0.5%
PFG	D	0.5%
AEP	D	0.5%
RGLD	C	0.5%
BG	F	0.5%
D	C	0.5%
MTG	C	0.5%
SO	D	0.5%
AFL	B	0.5%
OMC	C	0.49%
BBY	D	0.49%
PPG	F	0.49%
SON	D	0.49%
FLO	D	0.49%
EMN	D	0.49%
QCOM	F	0.49%
HRL	D	0.49%
CAG	D	0.48%
LYB	F	0.48%
AOS	F	0.48%
WEN	D	0.48%
ADI	D	0.48%
ED	D	0.48%
RPRX	D	0.48%
LEA	D	0.48%
WU	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
CI	F	0.47%
ADM	D	0.47%
KDP	D	0.46%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
KHC	F	0.46%
IPG	D	0.45%
SWKS	F	0.45%
GPC	D	0.45%
DHR	F	0.45%
ESNT	D	0.45%
HUN	F	0.44%
MAN	D	0.44%
DOW	F	0.44%
PFE	D	0.44%
INSW	F	0.44%
PII	D	0.43%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 63 Positions Relative to LVOL

Symbol	Grade	Weight
AAPL	C	-7.14%
V	A	-3.19%
AMZN	C	-2.81%
MA	C	-2.62%
BRK.A	B	-2.51%
HD	A	-2.42%
GOOGL	C	-2.38%
APH	A	-1.91%
MMC	B	-1.84%
CTAS	B	-1.82%
SPGI	C	-1.53%
INTU	C	-1.43%
HON	B	-1.31%
PTC	A	-1.26%
BSX	B	-1.12%
RSG	A	-1.03%
FI	A	-1.03%
SHW	A	-0.97%
ECL	D	-0.91%
MSI	B	-0.89%
CL	D	-0.87%
MCO	B	-0.85%
WM	A	-0.85%
ITW	B	-0.8%
DOV	A	-0.78%
ADSK	A	-0.78%
GOOG	C	-0.75%
AMP	A	-0.71%
LOW	D	-0.68%
TDY	B	-0.67%
CB	C	-0.64%
BLK	C	-0.63%
PSA	D	-0.57%
GWW	B	-0.55%
NDSN	B	-0.55%
MCD	D	-0.52%
CRM	B	-0.51%
VRSK	A	-0.46%
IT	C	-0.45%
YUM	B	-0.43%
NTAP	C	-0.39%
OTIS	C	-0.38%
PH	A	-0.36%
NOW	A	-0.35%
IEX	B	-0.32%
BR	A	-0.3%
BMY	B	-0.27%
AVB	B	-0.24%
ZBH	C	-0.22%
HOLX	D	-0.21%
BKNG	A	-0.2%
FDS	B	-0.18%
MNST	C	-0.18%
AVY	D	-0.18%
MDLZ	F	-0.18%
VRSN	F	-0.18%
MAS	D	-0.18%
FFIV	B	-0.16%
MSCI	C	-0.16%
HLT	A	-0.15%
AMGN	D	-0.13%
CW	B	-0.12%
LSTR	D	-0.08%