SPVM vs. ACWV ETF Comparison

Comparison of Invesco S&P 500 Value with Momentum ETF (SPVM) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$62.54

Average Daily Volume

1,261

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.95

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	SPVM	ACWV
30 Days	6.18%	0.32%
60 Days	7.47%	-0.25%
90 Days	8.80%	1.23%
12 Months	29.90%	18.77%

22 Overlapping Holdings

Symbol	Grade	Weight in SPVM	Weight in ACWV	Overlap
ACGL	D	1.0%	0.57%	0.57%
AIZ	A	1.35%	0.13%	0.13%
BRK.A	B	1.01%	0.91%	0.91%
CAH	B	0.98%	0.18%	0.18%
CB	C	0.92%	0.88%	0.88%
CI	F	0.93%	0.24%	0.24%
COR	B	1.01%	1.05%	1.01%
CTSH	B	0.83%	0.21%	0.21%
DGX	A	0.71%	0.15%	0.15%
DUK	C	0.66%	0.81%	0.66%
ELV	F	0.6%	0.42%	0.42%
FANG	D	0.72%	0.06%	0.06%
KR	B	1.44%	0.83%	0.83%
L	A	1.4%	0.4%	0.4%
MCK	B	0.96%	1.42%	0.96%
MOH	F	0.94%	0.12%	0.12%
MPC	D	1.31%	0.15%	0.15%
TRV	B	1.02%	0.32%	0.32%
VZ	C	0.86%	0.76%	0.76%
WMT	A	0.72%	1.82%	0.72%
WRB	A	0.79%	0.41%	0.41%
XOM	B	0.84%	0.1%	0.1%

SPVM Overweight 77 Positions Relative to ACWV

Symbol	Grade	Weight
GM	B	2.4%
SYF	B	1.84%
MTB	A	1.74%
DAL	C	1.71%
COF	B	1.6%
CINF	A	1.57%
VLO	C	1.55%
BG	F	1.49%
STT	A	1.38%
HBAN	A	1.37%
PSX	C	1.35%
HPE	B	1.33%
KEY	B	1.25%
JBL	B	1.23%
BK	A	1.19%
WFC	A	1.19%
USB	A	1.18%
PNC	B	1.18%
STLD	B	1.16%
AIG	B	1.16%
FITB	A	1.15%
C	A	1.15%
FDX	B	1.12%
BBY	D	1.12%
DHI	D	1.11%
LEN	D	1.09%
PRU	A	1.08%
NRG	B	1.08%
HIG	B	1.07%
BAC	A	1.07%
AFL	B	1.06%
PHM	D	1.06%
VTRS	A	1.05%
EMR	A	1.04%
KMI	A	1.03%
MET	A	1.01%
CBRE	B	0.98%
BKR	B	0.97%
GS	A	0.97%
UHS	D	0.96%
JPM	A	0.96%
NUE	C	0.96%
MRO	B	0.93%
SW	A	0.93%
RJF	A	0.92%
BALL	D	0.91%
EOG	A	0.9%
ATO	A	0.89%
CCL	B	0.87%
NCLH	B	0.86%
BLDR	D	0.86%
ALL	A	0.85%
IP	B	0.84%
SNA	A	0.83%
OMC	C	0.83%
PCAR	B	0.83%
EMN	D	0.82%
CMI	A	0.77%
EBAY	D	0.77%
LYB	F	0.76%
EQT	B	0.75%
OKE	A	0.74%
HII	D	0.71%
TXT	D	0.7%
LH	C	0.7%
BXP	D	0.69%
COP	C	0.67%
HST	C	0.65%
HAL	C	0.64%
SWK	D	0.64%
CTRA	B	0.64%
J	F	0.64%
PEG	A	0.61%
DVA	B	0.6%
DOW	F	0.53%
CE	F	0.51%
SWKS	F	0.48%

SPVM Underweight 117 Positions Relative to ACWV

Symbol	Grade	Weight
TMUS	B	-2.03%
MSI	B	-1.88%
CSCO	B	-1.57%
WM	A	-1.5%
ROP	B	-1.36%
RSG	A	-1.19%
VRTX	F	-1.13%
PEP	F	-1.08%
MRK	F	-1.06%
JNJ	D	-1.05%
MCD	D	-1.02%
MMC	B	-0.88%
PGR	A	-0.84%
ED	D	-0.84%
UNH	C	-0.83%
PG	A	-0.82%
SO	D	-0.8%
NOC	D	-0.77%
AZO	C	-0.77%
MSFT	F	-0.76%
IBM	C	-0.73%
WEC	A	-0.68%
GDDY	A	-0.64%
EA	A	-0.63%
ORLY	B	-0.62%
REGN	F	-0.61%
GIS	D	-0.61%
V	A	-0.59%
K	A	-0.57%
CBOE	B	-0.54%
APH	A	-0.54%
ORCL	B	-0.54%
LLY	F	-0.52%
ABBV	D	-0.49%
GILD	C	-0.48%
FI	A	-0.48%
CHD	B	-0.46%
HSY	F	-0.44%
MKL	A	-0.43%
KEYS	A	-0.41%
UTHR	C	-0.4%
WCN	A	-0.39%
INCY	C	-0.38%
CHT	D	-0.37%
TJX	A	-0.37%
BAH	F	-0.37%
KDP	D	-0.36%
FFIV	B	-0.36%
CL	D	-0.35%
VRSN	F	-0.35%
AON	A	-0.35%
AMGN	D	-0.34%
KHC	F	-0.33%
AJG	B	-0.33%
TSN	B	-0.32%
JNPR	F	-0.32%
NBIX	C	-0.31%
HUM	C	-0.31%
BRO	B	-0.3%
GEN	B	-0.3%
KMB	D	-0.3%
AKAM	D	-0.27%
SJM	D	-0.27%
T	A	-0.26%
ACN	C	-0.26%
ERIE	D	-0.26%
MDLZ	F	-0.25%
BMY	B	-0.25%
CF	B	-0.25%
YUM	B	-0.24%
FCNCA	A	-0.23%
LMT	D	-0.23%
CME	A	-0.23%
HRL	D	-0.23%
FWONK	B	-0.22%
PTC	A	-0.22%
BDX	F	-0.22%
CPB	D	-0.22%
ROL	B	-0.21%
MFG	B	-0.21%
JKHY	D	-0.2%
MA	C	-0.19%
BMRN	D	-0.19%
DPZ	C	-0.19%
GD	F	-0.18%
LNG	B	-0.16%
ULTA	F	-0.16%
CMS	C	-0.16%
WIT	A	-0.12%
CTVA	C	-0.12%
FICO	B	-0.12%
MNST	C	-0.12%
AZPN	A	-0.11%
TDY	B	-0.11%
AEE	A	-0.11%
XEL	A	-0.11%
EG	C	-0.1%
WTW	B	-0.1%
WDAY	B	-0.1%
PCG	A	-0.1%
ABT	B	-0.1%
TPL	A	-0.1%
NEM	D	-0.09%
TRGP	B	-0.08%
AEP	D	-0.07%
IT	C	-0.07%
KNX	B	-0.06%
ANET	C	-0.06%
DINO	D	-0.06%
CHRW	C	-0.06%
CAG	D	-0.05%
GPC	D	-0.05%
HOLX	D	-0.05%
ACI	C	-0.05%
KO	D	-0.05%
HSIC	B	-0.05%
HKD	F	-0.0%