SPMV vs. IWLG ETF Comparison
Comparison of Invesco S&P 500 Minimum Variance ETF (SPMV) to IQ MacKay Municipal Insured ETF (IWLG)
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
$43.70
Average Daily Volume
721
80
IWLG
IQ MacKay Municipal Insured ETF
IWLG Description
IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$44.55
Average Daily Volume
7,955
42
Performance
Period | SPMV | IWLG |
---|---|---|
30 Days | 2.53% | 5.62% |
60 Days | 6.06% | 11.24% |
90 Days | 4.99% | 7.67% |
12 Months | 16.83% | 42.18% |
16 Overlapping Holdings
Symbol | Grade | Weight in SPMV | Weight in IWLG | Overlap | |
---|---|---|---|---|---|
AAPL | B | 2.17% | 5.5% | 2.17% | |
ABT | D | 2.13% | 1.05% | 1.05% | |
ADBE | B | 2.12% | 2.57% | 2.12% | |
AMZN | B | 3.09% | 8.78% | 3.09% | |
AVGO | C | 0.99% | 3.23% | 0.99% | |
CRM | D | 1.46% | 2.55% | 1.46% | |
GOOG | B | 0.59% | 3.51% | 0.59% | |
IDXX | D | 0.75% | 1.39% | 0.75% | |
INTU | B | 1.94% | 1.93% | 1.93% | |
ISRG | A | 0.66% | 2.61% | 0.66% | |
LLY | A | 2.79% | 1.92% | 1.92% | |
META | B | 0.66% | 3.8% | 0.66% | |
MSFT | B | 3.17% | 12.45% | 3.17% | |
NOW | B | 0.96% | 1.55% | 0.96% | |
NVDA | B | 3.6% | 7.67% | 3.6% | |
SNPS | B | 1.38% | 1.3% | 1.3% |
SPMV Overweight 64 Positions Relative to IWLG
Symbol | Grade | Weight | |
---|---|---|---|
NEE | D | 3.71% | |
PGR | D | 3.02% | |
MMC | B | 2.99% | |
PG | C | 2.99% | |
ORCL | B | 2.98% | |
BRK.A | C | 2.87% | |
CB | C | 2.74% | |
MDLZ | D | 2.63% | |
HD | B | 2.45% | |
QCOM | C | 2.44% | |
MRK | C | 2.39% | |
TMUS | B | 2.09% | |
VZ | B | 2.04% | |
AJG | B | 2.0% | |
ELV | A | 1.95% | |
PFE | C | 1.89% | |
VRTX | B | 1.86% | |
AON | C | 1.69% | |
GIS | D | 1.69% | |
AEP | C | 1.63% | |
CEG | C | 1.56% | |
SRE | B | 1.34% | |
ADM | F | 1.26% | |
CCI | C | 1.25% | |
HSY | F | 1.17% | |
ALL | D | 1.07% | |
REGN | B | 0.95% | |
MRNA | D | 0.89% | |
AIG | D | 0.88% | |
RSG | A | 0.79% | |
MKC | D | 0.77% | |
MDT | D | 0.76% | |
ACGL | B | 0.74% | |
WRB | C | 0.71% | |
AMGN | B | 0.65% | |
RMD | D | 0.59% | |
CSCO | C | 0.57% | |
ILMN | F | 0.53% | |
KHC | D | 0.53% | |
AES | D | 0.51% | |
JPM | A | 0.5% | |
EL | F | 0.5% | |
T | A | 0.46% | |
RTX | D | 0.42% | |
HRL | F | 0.4% | |
BMY | F | 0.39% | |
TRV | D | 0.38% | |
TFC | C | 0.38% | |
D | D | 0.37% | |
XOM | C | 0.31% | |
SJM | F | 0.29% | |
ACN | D | 0.29% | |
ES | F | 0.26% | |
K | D | 0.2% | |
MTD | B | 0.15% | |
BDX | D | 0.14% | |
CAG | D | 0.11% | |
DUK | D | 0.09% | |
CDNS | B | 0.07% | |
ROL | B | 0.06% | |
ZTS | C | 0.06% | |
JNJ | F | 0.05% | |
PODD | C | 0.04% | |
XEL | D | 0.03% |
SPMV Underweight 26 Positions Relative to IWLG
Symbol | Grade | Weight | |
---|---|---|---|
GOOGL | B | -4.05% | |
LRCX | B | -1.82% | |
KKR | B | -1.79% | |
TT | B | -1.78% | |
ORLY | B | -1.68% | |
PH | C | -1.67% | |
EW | B | -1.66% | |
V | D | -1.6% | |
BKNG | A | -1.54% | |
UNH | C | -1.53% | |
UBER | B | -1.5% | |
MA | D | -1.5% | |
CMG | C | -1.47% | |
SPOT | B | -1.46% | |
NFLX | B | -1.37% | |
ASML | B | -1.26% | |
BSX | A | -1.23% | |
WDAY | D | -1.13% | |
GE | D | -1.09% | |
LIN | B | -1.05% | |
VRT | D | -1.03% | |
HLT | A | -1.03% | |
ODFL | D | -1.0% | |
AME | D | -0.97% | |
COST | B | -0.97% | |
AMD | B | -0.58% |
SPMV: Top Represented Industries & Keywords
IWLG: Top Represented Industries & Keywords