USMV vs. FSTA ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Fidelity MSCI Consumer Staples Index ETF (FSTA)

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

$93.44

Average Daily Volume

1,638,518

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

FSTA

Fidelity MSCI Consumer Staples Index ETF

FSTA Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Consumer Staples Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Consumer Staples Index, which represents the performance of the consumer staples sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Consumer Staples Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.39

Average Daily Volume

103,159

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	FSTA
30 Days	0.94%	0.53%
60 Days	2.29%	0.20%
90 Days	3.46%	1.37%
12 Months	24.96%	20.74%

17 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in FSTA	Overlap
CHD	A	0.4%	0.95%	0.4%
CL	D	0.41%	2.39%	0.41%
CPB	D	0.33%	0.36%	0.33%
GIS	D	0.66%	1.27%	0.66%
HRL	D	0.21%	0.36%	0.21%
HSY	F	0.3%	0.97%	0.3%
K	A	0.8%	0.81%	0.8%
KDP	F	0.59%	1.35%	0.59%
KHC	F	0.38%	1.03%	0.38%
KMB	C	0.21%	1.53%	0.21%
KO	D	0.1%	7.89%	0.1%
KR	B	0.61%	1.43%	0.61%
MDLZ	F	0.44%	2.97%	0.44%
PEP	F	1.01%	4.42%	1.01%
PG	C	1.23%	12.26%	1.23%
TSN	B	0.71%	0.68%	0.68%
WMT	A	1.78%	11.77%	1.78%

USMV Overweight 153 Positions Relative to FSTA

Symbol	Grade	Weight
TMUS	B	1.95%
MSI	B	1.81%
PGR	A	1.67%
IBM	C	1.66%
WCN	A	1.56%
RSG	A	1.55%
BRK.A	B	1.55%
DUK	C	1.49%
CSCO	B	1.47%
CB	C	1.47%
APH	A	1.44%
WM	B	1.44%
NOC	D	1.43%
TXN	C	1.39%
VZ	C	1.35%
SO	C	1.35%
MCK	A	1.35%
MSFT	D	1.34%
UNH	B	1.34%
ORCL	A	1.31%
ROP	B	1.3%
ACN	B	1.29%
AJG	A	1.27%
MCD	D	1.25%
LLY	F	1.25%
AVGO	D	1.19%
JNJ	C	1.18%
TRV	B	1.15%
ED	C	1.13%
MMC	B	1.11%
ABBV	F	1.04%
MRK	D	1.01%
GDDY	A	1.0%
AAPL	C	0.99%
AZO	C	0.98%
GILD	C	0.94%
V	A	0.9%
EA	A	0.89%
FCNCA	A	0.88%
CBOE	C	0.85%
LMT	D	0.82%
WEC	A	0.78%
CTSH	B	0.76%
NOW	A	0.75%
T	A	0.74%
MA	B	0.7%
VRTX	D	0.69%
FI	A	0.69%
ORLY	B	0.68%
ACGL	C	0.68%
COR	B	0.67%
NVDA	B	0.67%
VRSN	C	0.64%
AMGN	F	0.59%
FICO	B	0.59%
REGN	F	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	A	0.55%
FANG	C	0.55%
FFIV	B	0.55%
MPC	D	0.54%
INCY	C	0.53%
AON	A	0.53%
CME	B	0.53%
PTC	B	0.52%
ELV	F	0.52%
YUM	D	0.5%
BMY	B	0.49%
XEL	A	0.46%
NEM	D	0.46%
UBER	F	0.45%
JNPR	D	0.45%
TJX	A	0.45%
XOM	B	0.45%
WDAY	B	0.43%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
HUM	C	0.4%
BAH	F	0.39%
CMCSA	B	0.39%
AEP	C	0.39%
AKAM	D	0.39%
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%
CVX	A	0.34%
MKL	A	0.34%
GRMN	B	0.33%
AIZ	A	0.32%
NBIX	C	0.32%
WMB	A	0.31%
WRB	A	0.31%
GLW	B	0.31%
FWONK	A	0.31%
HD	B	0.3%
ANET	C	0.29%
ICE	C	0.28%
L	A	0.28%
HON	C	0.25%
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	F	0.22%
CI	D	0.21%
TW	A	0.2%
DTE	C	0.2%
PKG	A	0.2%
PFE	F	0.2%
DPZ	C	0.19%
CRWD	B	0.19%
CMS	C	0.19%
CDNS	B	0.18%
MELI	C	0.18%
MOH	F	0.18%
SNPS	B	0.18%
EOG	A	0.17%
HOLX	D	0.16%
LIN	C	0.16%
STX	C	0.16%
GOOG	C	0.16%
UTHR	C	0.14%
AMZN	C	0.14%
MDT	D	0.13%
DELL	B	0.12%
HIG	B	0.12%
OXY	D	0.12%
DGX	A	0.11%
LNT	A	0.1%
RTX	D	0.09%
ADP	A	0.09%
ABT	B	0.09%
OTIS	C	0.07%
TEL	B	0.07%
ATO	A	0.06%
PSX	C	0.06%
FSLR	F	0.06%
KNX	C	0.06%
VLO	C	0.05%
BR	A	0.05%
CRM	B	0.05%
GD	D	0.05%
ULTA	F	0.04%
CVS	D	0.04%

USMV Underweight 81 Positions Relative to FSTA

Symbol	Grade	Weight
COST	A	-12.93%
PM	B	-4.42%
MO	A	-3.19%
TGT	F	-2.43%
KVUE	A	-1.54%
MNST	C	-1.46%
STZ	D	-1.37%
SYY	D	-1.33%
ADM	D	-0.91%
CLX	A	-0.77%
MKC	C	-0.71%
DG	F	-0.6%
USFD	A	-0.6%
CASY	A	-0.59%
SFM	A	-0.58%
PFGC	B	-0.53%
EL	F	-0.52%
CAG	F	-0.5%
DLTR	F	-0.49%
TAP	C	-0.48%
BG	D	-0.48%
SJM	D	-0.47%
BJ	A	-0.47%
LW	C	-0.45%
INGR	C	-0.42%
BRBR	A	-0.41%
FRPT	A	-0.33%
DAR	C	-0.3%
COKE	C	-0.3%
ACI	C	-0.29%
ELF	C	-0.29%
POST	C	-0.27%
WBA	F	-0.26%
CALM	A	-0.23%
WDFC	B	-0.23%
FLO	D	-0.21%
SMPL	B	-0.19%
SAM	C	-0.19%
LANC	C	-0.19%
SPB	C	-0.18%
PPC	C	-0.18%
JJSF	C	-0.17%
CELH	F	-0.16%
ENR	B	-0.16%
IPAR	B	-0.16%
PSMT	D	-0.16%
COTY	F	-0.15%
CHEF	A	-0.14%
CENTA	C	-0.14%
FDP	B	-0.14%
TPB	B	-0.13%
GO	C	-0.13%
WMK	C	-0.13%
REYN	D	-0.13%
ANDE	D	-0.13%
UNFI	A	-0.13%
THS	D	-0.12%
EPC	F	-0.12%
FIZZ	C	-0.12%
UVV	B	-0.12%
UTZ	D	-0.11%
IMKTA	C	-0.11%
VITL	D	-0.1%
KLG	B	-0.1%
JBSS	F	-0.09%
SEB	F	-0.09%
AVO	C	-0.08%
HAIN	D	-0.08%
SPTN	D	-0.08%
HLF	C	-0.08%
MGPI	F	-0.07%
NAPA	A	-0.07%
TR	B	-0.06%
USNA	C	-0.06%
CVGW	D	-0.06%
BGS	F	-0.06%
CENT	C	-0.05%
NUS	D	-0.05%
SENEA	A	-0.04%
BYND	F	-0.04%
OLPX	D	-0.03%