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

Number of Holdings *

80

* may have additional holdings in another (foreign) market
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

Number of Holdings *

42

* may have additional holdings in another (foreign) market
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%
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