SPMV vs. ACIO ETF Comparison

Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to Aptus Collared Income Opportunity ETF (ACIO)

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACIO

Aptus Collared Income Opportunity ETF

ACIO Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.68

Average Daily Volume

177,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPMV	ACIO
30 Days	1.14%	1.67%
60 Days	2.01%	2.81%
90 Days	4.46%	3.89%
12 Months	26.03%	26.46%

29 Overlapping Holdings

Symbol	Grade	Weight in SPMV	Weight in ACIO	Overlap
AAPL	C	2.9%	6.96%	2.9%
ABT	B	2.84%	0.79%	0.79%
ACN	C	0.31%	1.13%	0.31%
ADBE	C	2.01%	0.46%	0.46%
AMGN	D	0.32%	0.35%	0.32%
AMT	D	1.83%	0.82%	0.82%
AMZN	C	3.04%	3.8%	3.04%
AVGO	D	2.03%	1.93%	1.93%
BRK.A	B	2.95%	1.73%	1.73%
DUK	C	1.34%	0.64%	0.64%
GOOG	C	0.55%	3.78%	0.55%
INTU	C	0.74%	1.01%	0.74%
JNJ	D	1.2%	1.02%	1.02%
JPM	A	0.62%	1.98%	0.62%
LLY	F	0.63%	1.2%	0.63%
META	D	0.32%	2.47%	0.32%
MKC	D	0.78%	0.68%	0.68%
MMC	B	2.77%	0.89%	0.89%
MSFT	F	2.76%	6.16%	2.76%
NEE	D	1.63%	0.69%	0.69%
NOW	A	1.77%	2.05%	1.77%
NVDA	C	3.53%	7.18%	3.53%
PG	A	2.81%	1.11%	1.11%
PGR	A	1.65%	1.66%	1.65%
SO	D	0.47%	1.02%	0.47%
TJX	A	0.5%	0.87%	0.5%
TMUS	B	3.37%	1.22%	1.22%
VRTX	F	2.25%	0.45%	0.45%
XOM	B	0.69%	1.85%	0.69%

SPMV Overweight 46 Positions Relative to ACIO

Symbol	Grade	Weight
GEV	B	3.69%
CSCO	B	3.31%
AON	A	3.14%
AJG	B	2.7%
QCOM	F	2.64%
CB	C	2.56%
MRK	F	2.46%
MDLZ	F	2.46%
HD	A	2.25%
ORCL	B	2.23%
VRSK	A	1.7%
ZTS	D	1.66%
CRM	B	1.66%
SRE	A	1.56%
GIS	D	1.47%
REGN	F	1.07%
HSY	F	1.03%
AEE	A	1.02%
TRV	B	1.0%
PFE	D	0.99%
VZ	C	0.97%
TDY	B	0.96%
AEP	D	0.95%
BRO	B	0.81%
CCI	D	0.7%
RTX	C	0.66%
IBM	C	0.56%
RSG	A	0.55%
NEM	D	0.47%
ELV	F	0.45%
TSN	B	0.42%
HRL	D	0.38%
IDXX	F	0.37%
BIIB	F	0.3%
T	A	0.29%
KHC	F	0.28%
ADM	D	0.26%
AIG	B	0.25%
PCG	A	0.24%
ACGL	D	0.22%
CVS	D	0.22%
XEL	A	0.2%
TRMB	B	0.1%
GILD	C	0.09%
GD	F	0.06%
BA	F	0.05%

SPMV Underweight 47 Positions Relative to ACIO

Symbol	Grade	Weight
TSLA	B	-1.91%
SYK	C	-1.81%
V	A	-1.8%
CAT	B	-1.71%
LMT	D	-1.6%
AMAT	F	-1.32%
NFLX	A	-1.31%
LIN	D	-1.3%
UNH	C	-1.26%
BLK	C	-1.22%
WMT	A	-1.2%
LOW	D	-1.2%
MS	A	-1.14%
KO	D	-1.12%
MAR	B	-1.11%
FI	A	-1.1%
ISRG	A	-1.04%
TMO	F	-1.03%
COST	B	-1.02%
BAC	A	-1.02%
CSX	B	-1.0%
MCD	D	-0.98%
CTAS	B	-0.96%
HON	B	-0.92%
MSI	B	-0.9%
ADI	D	-0.84%
PHM	D	-0.8%
FANG	D	-0.74%
BMY	B	-0.71%
ICE	C	-0.7%
DLR	B	-0.7%
ABBV	D	-0.64%
C	A	-0.61%
MO	A	-0.61%
ETN	A	-0.61%
TYL	B	-0.6%
DE	A	-0.58%
EOG	A	-0.49%
PSA	D	-0.47%
AMD	F	-0.45%
HCA	F	-0.45%
SHW	A	-0.42%
BR	A	-0.41%
CMCSA	B	-0.39%
FCX	D	-0.36%
ADP	B	-0.31%
SLB	C	-0.25%