PY vs. VFMV ETF Comparison

Comparison of Principal Shareholder Yield Index ETF (PY) to Vanguard U.S. Minimum Volatility ETF (VFMV)

PY

Principal Shareholder Yield Index ETF

PY Description

The Principal Shareholder Yield Index ETF tracks an index of dividend-paying large- and midcap US stocks that are selected by several fundamental factors, including dividend yield and buyback yield. Holdings are equally weighted within two tiers.

Grade (RS Rating)

Last Trade

$51.93

Average Daily Volume

5,520

Number of Holdings ^*

105

* may have additional holdings in another (foreign) market

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$126.54

Average Daily Volume

6,907

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

Performance

Period	PY	VFMV
30 Days	4.03%	3.75%
60 Days	5.45%	4.37%
90 Days	7.68%	5.38%
12 Months	30.80%	27.52%

22 Overlapping Holdings

Symbol	Grade	Weight in PY	Weight in VFMV	Overlap
AAPL	C	3.82%	0.54%	0.54%
ACN	C	1.18%	0.2%	0.2%
AVGO	D	2.35%	0.64%	0.64%
CB	C	0.91%	0.07%	0.07%
CI	F	0.81%	0.11%	0.11%
CTSH	B	0.8%	0.06%	0.06%
CVX	A	1.35%	0.9%	0.9%
FANG	D	0.75%	0.3%	0.3%
GIS	D	0.65%	1.0%	0.65%
HPQ	B	0.79%	0.96%	0.79%
HSY	F	0.66%	0.36%	0.36%
LMT	D	0.88%	1.47%	0.88%
MDLZ	F	0.77%	0.28%	0.28%
MO	A	0.89%	0.24%	0.24%
MSFT	F	3.5%	1.3%	1.3%
PSX	C	0.79%	0.1%	0.1%
QCOM	F	1.07%	0.25%	0.25%
RTX	C	1.0%	1.06%	1.0%
TJX	A	0.98%	1.27%	0.98%
TRV	B	0.86%	0.38%	0.38%
WTW	B	0.79%	0.93%	0.79%
XOM	B	1.82%	1.23%	1.23%

PY Overweight 83 Positions Relative to VFMV

Symbol	Grade	Weight
NVDA	C	3.38%
HD	A	1.58%
WFC	A	1.43%
MS	A	1.26%
CAT	B	1.18%
AXP	A	1.13%
CMCSA	B	1.09%
LOW	D	1.06%
BMY	B	1.05%
ADP	B	1.01%
DFS	B	1.0%
TT	A	1.0%
AMP	A	0.99%
TRGP	B	0.97%
SYF	B	0.97%
PNC	B	0.96%
EQT	B	0.94%
BKR	B	0.94%
SNA	A	0.93%
DE	A	0.91%
BK	A	0.91%
ITW	B	0.9%
HPE	B	0.88%
STLD	B	0.88%
MMC	B	0.88%
PNR	A	0.87%
CSX	B	0.86%
SLB	C	0.85%
RF	A	0.85%
SPG	B	0.85%
FITB	A	0.85%
MET	A	0.85%
PAYX	C	0.85%
PRU	A	0.84%
RL	B	0.84%
KR	B	0.84%
FOXA	B	0.83%
FDX	B	0.83%
OTIS	C	0.82%
NKE	D	0.82%
ROK	B	0.82%
PLD	D	0.82%
AIG	B	0.81%
VLO	C	0.8%
NDAQ	A	0.8%
CINF	A	0.79%
BR	A	0.79%
AIZ	A	0.78%
DD	D	0.78%
TAP	C	0.78%
CVS	D	0.78%
CF	B	0.77%
EBAY	D	0.77%
BEN	C	0.77%
MRO	B	0.76%
DRI	B	0.76%
HAL	C	0.76%
AVB	B	0.75%
BBWI	D	0.75%
MPC	D	0.75%
HIG	B	0.75%
NDSN	B	0.74%
PPG	F	0.73%
ALLE	D	0.73%
SYY	B	0.72%
EMN	D	0.72%
ESS	B	0.72%
OXY	D	0.72%
VICI	C	0.7%
MAA	B	0.7%
CPT	B	0.69%
KMB	D	0.69%
EG	C	0.68%
INVH	D	0.67%
GPC	D	0.66%
AOS	F	0.66%
ARE	D	0.66%
SBAC	D	0.66%
HRL	D	0.65%
MKC	D	0.65%
ADM	D	0.65%
LYB	F	0.64%
SWKS	F	0.6%

PY Underweight 143 Positions Relative to VFMV

Symbol	Grade	Weight
IBM	C	-1.52%
MCK	B	-1.52%
ADI	D	-1.5%
DOX	D	-1.5%
EQC	B	-1.49%
JNJ	D	-1.49%
ABT	B	-1.49%
PGR	A	-1.48%
PG	A	-1.48%
TXN	C	-1.48%
COR	B	-1.48%
MRK	F	-1.46%
ED	D	-1.44%
CHD	B	-1.44%
TMUS	B	-1.43%
DUK	C	-1.42%
T	A	-1.41%
KO	D	-1.4%
SO	D	-1.38%
CVLT	B	-1.38%
NTAP	C	-1.37%
ROP	B	-1.33%
CSCO	B	-1.25%
RSG	A	-1.2%
NOC	D	-1.17%
EA	A	-1.16%
GD	F	-1.14%
CME	A	-1.14%
MUSA	A	-1.13%
REGN	F	-1.12%
ORLY	B	-1.11%
IDT	B	-1.1%
WMT	A	-1.08%
IDCC	A	-1.06%
WM	A	-1.06%
KEX	C	-1.05%
CL	D	-1.05%
CBOE	B	-1.04%
VZ	C	-1.0%
FCN	D	-0.98%
LRN	A	-0.97%
MGEE	C	-0.89%
HSTM	B	-0.84%
GILD	C	-0.83%
MCD	D	-0.79%
VECO	F	-0.78%
DLB	B	-0.78%
FE	C	-0.77%
BSX	B	-0.75%
UNH	C	-0.75%
TYL	B	-0.74%
ABBV	D	-0.74%
TKO	B	-0.73%
CHE	D	-0.69%
SPOT	B	-0.68%
SAFT	C	-0.67%
BLKB	B	-0.66%
CTRE	D	-0.65%
CRUS	D	-0.64%
GOOGL	C	-0.64%
CAH	B	-0.64%
NSIT	F	-0.56%
WTM	A	-0.54%
YELP	C	-0.52%
NABL	F	-0.51%
GOOG	C	-0.48%
META	D	-0.47%
GDDY	A	-0.46%
WEC	A	-0.45%
MATX	C	-0.45%
PBH	A	-0.42%
NEU	C	-0.4%
FLO	D	-0.38%
INSW	F	-0.37%
WMB	A	-0.37%
HOLX	D	-0.36%
V	A	-0.35%
DTM	B	-0.35%
AJG	B	-0.35%
PPC	C	-0.34%
AZO	C	-0.34%
LAUR	A	-0.34%
NVEC	C	-0.33%
THFF	B	-0.33%
PFE	D	-0.32%
LLY	F	-0.32%
BRK.A	B	-0.31%
VERX	B	-0.3%
RLI	B	-0.3%
QRVO	F	-0.28%
OLLI	D	-0.26%
ATR	B	-0.25%
LIN	D	-0.24%
JBSS	D	-0.24%
ROL	B	-0.23%
MCS	B	-0.22%
EXEL	B	-0.21%
AMSF	B	-0.21%
LOPE	B	-0.2%
MTSI	B	-0.2%
DECK	A	-0.2%
IMMR	C	-0.2%
KMI	A	-0.2%
EBF	F	-0.2%
JJSF	B	-0.19%
CASS	B	-0.19%
AEE	A	-0.19%
QNST	B	-0.18%
HQY	B	-0.18%
SPOK	C	-0.15%
FDP	B	-0.15%
AMGN	D	-0.14%
OLED	D	-0.14%
HCKT	B	-0.14%
SPNS	F	-0.14%
TW	A	-0.13%
PI	D	-0.12%
DGICA	A	-0.1%
TNK	F	-0.09%
DJCO	B	-0.09%
AMAT	F	-0.08%
KLAC	D	-0.07%
CNXN	C	-0.07%
UNM	A	-0.06%
OSIS	B	-0.06%
JPM	A	-0.05%
AKAM	D	-0.04%
CNA	B	-0.04%
PEBK	B	-0.04%
LANC	C	-0.04%
CLBK	B	-0.04%
GLRE	B	-0.04%
PEP	F	-0.04%
CMS	C	-0.03%
NBIX	C	-0.03%
MSI	B	-0.03%
BCAL	B	-0.03%
EIG	B	-0.03%
VRTX	F	-0.03%
DTE	C	-0.03%
MRAM	D	-0.02%
FFNW	C	-0.02%
MU	D	-0.02%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream