SMMV vs. PAPI ETF Comparison

Comparison of iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) to Parametric Equity Premium Income ETF (PAPI)

SMMV

iShares MSCI USA Small-Cap Min Vol Factor ETF

SMMV Description

iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market.

Grade (RS Rating)

Last Trade

$43.97

Average Daily Volume

37,673

Number of Holdings ^*

289

* may have additional holdings in another (foreign) market

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

$28.06

Average Daily Volume

32,973

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	SMMV	PAPI
30 Days	5.88%	2.11%
60 Days	7.08%	3.48%
90 Days	8.51%	4.02%
12 Months	28.57%	18.27%

29 Overlapping Holdings

Symbol	Grade	Weight in SMMV	Weight in PAPI	Overlap
AM	A	0.36%	0.53%	0.36%
ASH	F	0.23%	0.46%	0.23%
ATR	B	1.49%	0.52%	0.52%
AVT	C	0.34%	0.51%	0.34%
CALM	A	0.72%	0.51%	0.51%
CCOI	B	0.66%	0.5%	0.5%
CHE	D	1.32%	0.49%	0.49%
DCI	B	0.31%	0.55%	0.31%
DLB	B	0.81%	0.51%	0.51%
DTM	A	1.14%	0.62%	0.62%
FLO	D	0.82%	0.49%	0.49%
GNTX	C	0.9%	0.54%	0.54%
IDA	A	1.12%	0.59%	0.59%
IDCC	B	0.31%	0.61%	0.31%
INGR	C	0.72%	0.55%	0.55%
INSW	F	0.31%	0.44%	0.31%
MSM	C	0.57%	0.53%	0.53%
NYT	D	0.4%	0.5%	0.4%
OGE	A	1.16%	0.55%	0.55%
OGS	A	0.14%	0.54%	0.14%
ORI	A	1.57%	0.54%	0.54%
PINC	B	0.51%	0.6%	0.51%
POR	C	0.49%	0.51%	0.49%
RGLD	C	1.39%	0.5%	0.5%
SNX	D	0.31%	0.5%	0.31%
SON	F	0.43%	0.49%	0.43%
TXRH	B	0.62%	0.57%	0.57%
UNM	A	1.16%	0.61%	0.61%
WEN	D	0.6%	0.48%	0.48%

SMMV Overweight 260 Positions Relative to PAPI

Symbol	Grade	Weight
EXEL	B	1.73%
MUSA	B	1.6%
ADC	A	1.45%
AXS	A	1.32%
RLI	A	1.25%
HQY	A	1.23%
SIGI	C	1.14%
CVLT	B	1.12%
RGA	A	1.11%
THG	A	1.11%
EHC	B	1.08%
SFM	A	1.07%
ENSG	C	1.06%
WTM	A	0.93%
RNR	C	0.93%
PNW	A	0.91%
PSN	D	0.87%
CACI	D	0.81%
LSTR	D	0.81%
CASY	A	0.79%
BWXT	B	0.78%
POST	C	0.77%
PBH	A	0.77%
TXNM	A	0.75%
NEU	D	0.75%
BJ	A	0.73%
ALKS	C	0.71%
CW	C	0.71%
LRN	A	0.7%
LOPE	C	0.69%
RYAN	A	0.69%
PAGP	A	0.68%
TKO	A	0.66%
CTRE	C	0.65%
MSGS	A	0.64%
NWE	B	0.64%
BRC	D	0.63%
FCN	F	0.61%
OHI	C	0.6%
VNOM	A	0.59%
MDU	D	0.59%
CCCS	B	0.59%
INSM	C	0.58%
GHC	B	0.58%
AMED	F	0.56%
IBKR	A	0.54%
HESM	B	0.54%
PRGS	A	0.51%
TGNA	B	0.5%
VIRT	A	0.5%
FCFS	F	0.49%
CWAN	B	0.48%
HRB	D	0.47%
DRS	B	0.47%
LAUR	A	0.47%
JJSF	C	0.47%
PCVX	D	0.47%
ECG	C	0.46%
ESGR	B	0.46%
MGEE	B	0.46%
IONS	F	0.45%
CSWI	B	0.45%
WERN	C	0.45%
MSA	F	0.44%
HURN	C	0.42%
JAZZ	B	0.42%
KNTK	A	0.42%
KBR	F	0.42%
EQC	B	0.4%
HLI	A	0.38%
MCY	A	0.38%
ADUS	D	0.37%
CWST	A	0.35%
PRDO	B	0.35%
XENE	D	0.34%
BATRK	D	0.34%
REYN	D	0.33%
AGX	B	0.33%
UNF	B	0.33%
MGRC	B	0.33%
NHC	C	0.33%
AVPT	A	0.33%
HMN	B	0.33%
SNDR	B	0.32%
VRRM	F	0.32%
BHE	C	0.32%
SKWD	A	0.32%
LANC	C	0.32%
SMPL	B	0.31%
CORT	B	0.3%
USLM	A	0.3%
GO	C	0.3%
NSIT	F	0.3%
GPOR	B	0.3%
PDCO	F	0.3%
DVAX	C	0.29%
WT	A	0.28%
DBX	B	0.28%
MIRM	B	0.28%
HWKN	B	0.28%
CRNX	C	0.27%
VVV	D	0.27%
EIG	B	0.26%
ALE	A	0.26%
CRAI	C	0.25%
YELP	C	0.25%
SAIC	F	0.25%
OSW	B	0.25%
SCI	B	0.25%
IDYA	F	0.24%
NJR	A	0.24%
OLLI	D	0.24%
PPC	C	0.24%
SAFT	B	0.24%
MMS	F	0.23%
WABC	B	0.22%
INVA	D	0.21%
ADMA	B	0.21%
AMSF	B	0.21%
NTST	C	0.2%
PJT	A	0.2%
AVA	A	0.2%
OPCH	D	0.19%
AWR	B	0.19%
IMKTA	C	0.19%
CHH	A	0.19%
EDR	A	0.19%
SWX	B	0.18%
BFC	B	0.18%
RARE	F	0.18%
NTCT	C	0.18%
ATEN	A	0.18%
COLL	F	0.18%
KRP	B	0.18%
CNX	A	0.17%
SPNT	B	0.17%
ARCH	B	0.16%
CNXN	C	0.16%
HCC	B	0.16%
KNSA	F	0.16%
CXW	C	0.16%
WMK	C	0.16%
CWT	C	0.16%
PRGO	C	0.15%
CIEN	C	0.15%
ICFI	F	0.15%
IRON	B	0.15%
IDT	B	0.15%
DJCO	B	0.14%
VVX	C	0.14%
SLGN	A	0.14%
JBSS	F	0.14%
BLKB	B	0.14%
HCKT	B	0.14%
HSTM	B	0.14%
ATGE	B	0.14%
GTX	C	0.13%
RGR	F	0.13%
REX	D	0.13%
LBTYK	A	0.13%
KRYS	C	0.13%
ZYME	C	0.13%
LMAT	A	0.12%
UVE	B	0.12%
HALO	F	0.12%
SPTN	D	0.12%
SMP	C	0.12%
GPK	C	0.11%
PLXS	B	0.11%
VREX	B	0.11%
LQDT	B	0.11%
USM	B	0.11%
LTC	B	0.11%
ACLX	C	0.11%
NTNX	B	0.11%
SHEN	F	0.11%
CHCO	B	0.11%
SNRE	D	0.1%
MCS	B	0.1%
AGIO	C	0.1%
ALRM	C	0.1%
DHIL	B	0.1%
ACEL	C	0.1%
EBF	F	0.1%
NABL	F	0.1%
UFCS	A	0.1%
TIPT	C	0.09%
CRVL	B	0.09%
GWRE	A	0.09%
GEO	B	0.09%
HCI	C	0.09%
EPAC	C	0.09%
YORW	F	0.09%
SPRY	C	0.09%
IRWD	F	0.09%
FC	F	0.08%
DORM	B	0.08%
EWTX	C	0.08%
ANIP	F	0.08%
NPK	B	0.08%
TARS	C	0.08%
ITCI	C	0.08%
VITL	D	0.08%
BBSI	B	0.08%
KELYA	F	0.08%
MATX	C	0.08%
STRA	C	0.08%
NTGR	B	0.08%
FRPH	B	0.08%
CEIX	A	0.08%
IMAX	B	0.07%
SR	A	0.07%
BOX	B	0.07%
CNSL	C	0.07%
SENEA	A	0.07%
TBPH	B	0.07%
LQDA	F	0.07%
ATEX	F	0.07%
THS	D	0.07%
OSIS	A	0.07%
WINA	C	0.07%
CPK	A	0.07%
NRC	F	0.06%
PBF	D	0.06%
IMXI	B	0.06%
COKE	C	0.06%
CART	C	0.06%
CLW	F	0.06%
HG	C	0.06%
RAMP	B	0.06%
UTI	B	0.06%
CCRN	F	0.06%
ACT	C	0.06%
ACHC	F	0.06%
IRMD	C	0.05%
ADEA	C	0.05%
IMNM	F	0.05%
SCHL	F	0.05%
METC	C	0.05%
ACAD	C	0.05%
UTZ	D	0.05%
AESI	B	0.05%
KROS	D	0.05%
CGON	F	0.05%
USPH	B	0.05%
SEB	F	0.05%
RMR	F	0.05%
BATRA	F	0.05%
BTU	B	0.05%
GNK	D	0.04%
SWBI	C	0.04%
DAWN	D	0.04%
DK	C	0.04%
TH	C	0.04%
CGEM	F	0.03%
MITK	C	0.03%
ROG	D	0.03%
ANAB	F	0.03%
CRGX	F	0.03%
ITOS	F	0.02%

SMMV Underweight 160 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.65%
SNA	A	-0.63%
IP	A	-0.63%
BKR	A	-0.62%
EMR	B	-0.61%
OKE	A	-0.61%
FOX	A	-0.59%
CFR	B	-0.59%
TAP	C	-0.59%
EA	A	-0.59%
PB	B	-0.59%
MO	A	-0.59%
KMI	A	-0.58%
CINF	A	-0.58%
JHG	B	-0.58%
WMB	A	-0.58%
JCI	B	-0.58%
WHR	B	-0.57%
RHI	C	-0.57%
TRV	B	-0.57%
SRE	A	-0.57%
CTRA	B	-0.57%
RF	A	-0.57%
DGX	A	-0.57%
SYK	B	-0.57%
LH	B	-0.57%
FOXA	A	-0.57%
XEL	A	-0.57%
CVX	A	-0.57%
CMI	A	-0.57%
FAST	B	-0.56%
WSO	A	-0.56%
CAH	B	-0.56%
EOG	A	-0.56%
RS	B	-0.56%
PKG	A	-0.56%
PM	B	-0.56%
TROW	B	-0.56%
COP	C	-0.56%
VLO	C	-0.55%
PPL	A	-0.55%
UNH	B	-0.55%
GGG	B	-0.55%
EVRG	A	-0.55%
T	A	-0.55%
MOS	F	-0.54%
PAG	B	-0.54%
CMCSA	B	-0.54%
COR	B	-0.54%
WMT	A	-0.54%
CSCO	B	-0.54%
COST	A	-0.54%
CHD	A	-0.54%
AFG	A	-0.54%
DRI	B	-0.54%
TJX	A	-0.54%
ADP	A	-0.54%
MTN	C	-0.54%
AEE	A	-0.54%
MSFT	D	-0.53%
CTSH	B	-0.53%
LHX	C	-0.53%
GILD	C	-0.53%
TXN	C	-0.53%
PRU	A	-0.53%
PAYX	B	-0.53%
ATO	A	-0.53%
COLM	C	-0.53%
HPE	B	-0.53%
GLW	B	-0.53%
HP	C	-0.52%
LNT	A	-0.52%
BMI	B	-0.52%
ROP	B	-0.52%
ABT	B	-0.52%
NFG	A	-0.52%
PG	C	-0.52%
PEG	A	-0.52%
UPS	C	-0.52%
HPQ	B	-0.52%
EXPD	C	-0.52%
XOM	B	-0.52%
PSX	C	-0.52%
CHRD	D	-0.52%
WEC	A	-0.52%
CME	B	-0.52%
DD	C	-0.51%
DINO	D	-0.51%
HIG	B	-0.51%
FNF	B	-0.51%
APD	A	-0.51%
LKQ	F	-0.51%
OXM	F	-0.51%
MDT	D	-0.51%
CTVA	C	-0.5%
BDX	F	-0.5%
JNJ	C	-0.5%
DUK	C	-0.5%
RTX	D	-0.5%
POWI	F	-0.5%
DVN	F	-0.5%
FE	C	-0.5%
GD	D	-0.5%
ACN	B	-0.5%
VZ	C	-0.5%
PFG	D	-0.5%
AEP	C	-0.5%
BG	D	-0.5%
D	C	-0.5%
MTG	C	-0.5%
SO	C	-0.5%
AFL	B	-0.5%
DOX	D	-0.49%
OMC	C	-0.49%
KMB	C	-0.49%
BBY	D	-0.49%
PPG	F	-0.49%
LIN	C	-0.49%
JKHY	D	-0.49%
EMN	C	-0.49%
QCOM	F	-0.49%
HRL	D	-0.49%
CAG	F	-0.48%
LYB	F	-0.48%
AOS	F	-0.48%
ADI	D	-0.48%
ED	C	-0.48%
PEP	F	-0.48%
RPRX	D	-0.48%
LEA	F	-0.48%
WU	F	-0.48%
SHOO	F	-0.47%
AMCR	C	-0.47%
LEN	D	-0.47%
CI	D	-0.47%
ADM	D	-0.47%
KDP	F	-0.46%
ABBV	F	-0.46%
FMC	D	-0.46%
HAS	D	-0.46%
KHC	F	-0.46%
MRK	D	-0.46%
IBM	C	-0.46%
IPG	D	-0.45%
SWKS	F	-0.45%
GPC	D	-0.45%
KO	D	-0.45%
DHR	F	-0.45%
ESNT	F	-0.45%
HUN	F	-0.44%
MAN	F	-0.44%
DOW	F	-0.44%
PFE	F	-0.44%
PII	F	-0.43%
ELV	F	-0.43%
CVI	F	-0.42%
CRI	F	-0.41%
HII	F	-0.39%
NEM	D	-0.38%
SCCO	F	-0.0%