USMV vs. DGT ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to SPDR Global Dow ETF (based on The Global Dow) (DGT)

USMV

iShares MSCI USA Minimum Volatility ETF

USMV Description

The investment seeks the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. 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. The underlying index follows a rules-based methodology to determine weights for securities in the index that seeks to minimize total risk of the MSCI USA Index. Components primarily include consumer staples, healthcare and information technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.46

Average Daily Volume

1,630,912

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

DGT

SPDR Global Dow ETF (based on The Global Dow)

DGT Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of multinational blue-chip issuers. In seeking to track the performance of The Global Dow (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is made up of 150 constituents from around the world selected by an Averages Committee comprised of the managing editor of the Wall Street Journal. It is non-diversified.

Grade (RS Rating)

Last Trade

$136.93

Average Daily Volume

7,129

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	DGT
30 Days	1.70%	0.91%
60 Days	2.42%	0.58%
90 Days	4.02%	2.03%
12 Months	25.63%	23.47%

41 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in DGT	Overlap
AAPL	C	0.99%	0.67%	0.67%
ABBV	D	1.04%	0.58%	0.58%
ABBV	D	1.04%	0.67%	0.67%
ABT	B	0.09%	0.65%	0.09%
ACN	C	1.29%	0.68%	0.68%
AMGN	D	0.59%	0.58%	0.58%
AMZN	C	0.14%	0.75%	0.14%
AVGO	D	1.19%	0.67%	0.67%
BRK.A	B	1.55%	0.69%	0.69%
CL	D	0.41%	0.57%	0.41%
CRM	B	0.05%	0.86%	0.05%
CSCO	B	1.47%	0.76%	0.76%
CVS	D	0.04%	0.62%	0.04%
CVX	A	0.34%	0.75%	0.34%
DUK	C	1.49%	0.62%	0.62%
GILD	C	0.94%	0.73%	0.73%
GOOG	C	0.16%	0.34%	0.16%
HD	A	0.3%	0.71%	0.3%
HON	B	0.25%	0.74%	0.25%
IBM	C	1.66%	0.64%	0.64%
JNJ	D	1.18%	0.6%	0.6%
KO	D	0.1%	0.57%	0.1%
LLY	F	1.25%	0.56%	0.56%
MCD	D	1.25%	0.67%	0.67%
MDLZ	F	0.44%	0.57%	0.44%
MDT	D	0.13%	0.63%	0.13%
MRK	F	1.01%	0.56%	0.56%
MSFT	F	1.34%	0.65%	0.65%
NVDA	C	0.67%	0.81%	0.67%
ORCL	B	1.31%	0.76%	0.76%
PEP	F	1.01%	0.61%	0.61%
PFE	D	0.2%	0.58%	0.2%
PG	A	1.23%	0.63%	0.63%
RTX	C	0.09%	0.66%	0.09%
T	A	0.74%	0.67%	0.67%
TRV	B	1.15%	0.71%	0.71%
UNH	C	1.34%	0.66%	0.66%
V	A	0.9%	0.71%	0.71%
VZ	C	1.35%	0.6%	0.6%
WMT	A	1.78%	0.69%	0.69%
XOM	B	0.45%	0.71%	0.45%

USMV Overweight 130 Positions Relative to DGT

Symbol	Grade	Weight
TMUS	B	1.95%
MSI	B	1.81%
PGR	A	1.67%
WCN	A	1.56%
RSG	A	1.55%
CB	C	1.47%
APH	A	1.44%
WM	A	1.44%
NOC	D	1.43%
TXN	C	1.39%
SO	D	1.35%
MCK	B	1.35%
ROP	B	1.3%
AJG	B	1.27%
ED	D	1.13%
MMC	B	1.11%
GDDY	A	1.0%
AZO	C	0.98%
EA	A	0.89%
FCNCA	A	0.88%
CBOE	B	0.85%
LMT	D	0.82%
K	A	0.8%
WEC	A	0.78%
CTSH	B	0.76%
NOW	A	0.75%
TSN	B	0.71%
MA	C	0.7%
VRTX	F	0.69%
FI	A	0.69%
ORLY	B	0.68%
ACGL	D	0.68%
COR	B	0.67%
GIS	D	0.66%
VRSN	F	0.64%
KR	B	0.61%
FICO	B	0.59%
REGN	F	0.59%
KDP	D	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FANG	D	0.55%
FFIV	B	0.55%
MPC	D	0.54%
INCY	C	0.53%
AON	A	0.53%
CME	A	0.53%
PTC	A	0.52%
ELV	F	0.52%
YUM	B	0.5%
BMY	B	0.49%
XEL	A	0.46%
NEM	D	0.46%
UBER	D	0.45%
JNPR	F	0.45%
TJX	A	0.45%
WDAY	B	0.43%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
CHD	B	0.4%
HUM	C	0.4%
BAH	F	0.39%
CMCSA	B	0.39%
AEP	D	0.39%
AKAM	D	0.39%
KHC	F	0.38%
WTW	B	0.38%
CTVA	C	0.38%
ROL	B	0.36%
IT	C	0.35%
AFG	A	0.35%
GEN	B	0.35%
CDW	F	0.35%
MKL	A	0.34%
GRMN	B	0.33%
CPB	D	0.33%
AIZ	A	0.32%
NBIX	C	0.32%
WMB	A	0.31%
WRB	A	0.31%
GLW	B	0.31%
FWONK	B	0.31%
HSY	F	0.3%
ANET	C	0.29%
ICE	C	0.28%
L	A	0.28%
AEE	A	0.24%
HUBS	A	0.24%
ADI	D	0.23%
D	C	0.23%
AZPN	A	0.23%
ALNY	D	0.22%
NTAP	C	0.22%
BMRN	D	0.22%
HRL	D	0.21%
CI	F	0.21%
KMB	D	0.21%
TW	A	0.2%
DTE	C	0.2%
PKG	A	0.2%
DPZ	C	0.19%
CRWD	B	0.19%
CMS	C	0.19%
CDNS	B	0.18%
MELI	D	0.18%
MOH	F	0.18%
SNPS	B	0.18%
EOG	A	0.17%
HOLX	D	0.16%
LIN	D	0.16%
STX	D	0.16%
UTHR	C	0.14%
DELL	C	0.12%
HIG	B	0.12%
OXY	D	0.12%
DGX	A	0.11%
LNT	A	0.1%
ADP	B	0.09%
OTIS	C	0.07%
TEL	B	0.07%
ATO	A	0.06%
PSX	C	0.06%
FSLR	F	0.06%
KNX	B	0.06%
VLO	C	0.05%
BR	A	0.05%
GD	F	0.05%
ULTA	F	0.04%

USMV Underweight 52 Positions Relative to DGT

Symbol	Grade	Weight
CCL	B	-0.93%
WFC	A	-0.9%
TSLA	B	-0.89%
INTC	D	-0.83%
BKNG	A	-0.83%
PYPL	B	-0.81%
GS	A	-0.8%
DIS	B	-0.79%
NFLX	A	-0.79%
BAC	A	-0.78%
HWM	A	-0.78%
JPM	A	-0.78%
TSM	B	-0.75%
AXP	A	-0.74%
BK	A	-0.74%
MFG	B	-0.74%
CAT	B	-0.74%
MUFG	B	-0.73%
MT	B	-0.72%
META	D	-0.72%
HPQ	B	-0.72%
SPG	B	-0.71%
SLB	C	-0.71%
COP	C	-0.71%
AIG	B	-0.68%
HSBH	B	-0.68%
UPS	C	-0.68%
FDX	B	-0.67%
PM	B	-0.67%
DD	D	-0.67%
DE	A	-0.66%
GE	D	-0.66%
ADBE	C	-0.66%
SBUX	A	-0.66%
SONY	B	-0.65%
MMM	D	-0.65%
TM	D	-0.64%
QCOM	F	-0.64%
EBAY	D	-0.64%
NKE	D	-0.63%
INFY	B	-0.62%
UNP	C	-0.62%
AMD	F	-0.6%
NVS	D	-0.59%
BA	F	-0.58%
PLD	D	-0.58%
NEE	D	-0.58%
HMC	F	-0.53%
BAX	D	-0.52%
BABA	D	-0.5%
GOOGL	C	-0.4%
BABA	D	-0.2%