USMV vs. FUNL ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to CornerCap Fundametrics Large-Cap ETF FUNL (FUNL)

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

FUNL

CornerCap Fundametrics Large-Cap ETF FUNL

FUNL Description

The investment seeks long-term capital appreciation. The fund is an actively managed exchange traded fund (ETF) that invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative research system Fundametrics® developed by CornerCap Investment Counsel, Inc. (the Adviser). Under normal circumstances, it invests at least 80% of its net assets (plus borrowings for investment purposes) in the securities of large-capitalization companies.

Grade (RS Rating)

Last Trade

$44.48

Average Daily Volume

3,803

Number of Holdings ^*

159

* may have additional holdings in another (foreign) market

Performance

Period	USMV	FUNL
30 Days	1.70%	4.58%
60 Days	2.42%	6.44%
90 Days	4.02%	8.92%
12 Months	25.63%	27.56%

48 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in FUNL	Overlap
AKAM	D	0.39%	0.26%	0.26%
BMY	B	0.49%	1.14%	0.49%
BR	A	0.05%	0.37%	0.05%
CI	F	0.21%	0.66%	0.21%
CMCSA	B	0.39%	1.15%	0.39%
CRM	B	0.05%	0.75%	0.05%
CSCO	B	1.47%	1.46%	1.46%
CTSH	B	0.76%	0.39%	0.39%
CTVA	C	0.38%	0.37%	0.37%
CVX	A	0.34%	0.67%	0.34%
D	C	0.23%	0.39%	0.23%
DELL	C	0.12%	0.4%	0.12%
EA	A	0.89%	0.82%	0.82%
EOG	A	0.17%	0.75%	0.17%
GILD	C	0.94%	0.96%	0.94%
GIS	D	0.66%	0.8%	0.66%
HD	A	0.3%	0.37%	0.3%
HIG	B	0.12%	0.86%	0.12%
HOLX	D	0.16%	0.63%	0.16%
HON	B	0.25%	0.4%	0.25%
JNJ	D	1.18%	1.88%	1.18%
KHC	F	0.38%	0.56%	0.38%
KMB	D	0.21%	0.64%	0.21%
KR	B	0.61%	0.39%	0.39%
LMT	D	0.82%	0.81%	0.81%
MA	C	0.7%	0.79%	0.7%
MDT	D	0.13%	0.32%	0.13%
MPC	D	0.54%	0.3%	0.3%
MRK	F	1.01%	1.21%	1.01%
MSFT	F	1.34%	0.73%	0.73%
NBIX	C	0.32%	0.31%	0.31%
NEM	D	0.46%	0.61%	0.46%
NOW	A	0.75%	0.41%	0.41%
NTAP	C	0.22%	0.73%	0.22%
OXY	D	0.12%	0.34%	0.12%
PFE	D	0.2%	0.79%	0.2%
RTX	C	0.09%	0.77%	0.09%
T	A	0.74%	0.41%	0.41%
TJX	A	0.45%	0.43%	0.43%
TMUS	B	1.95%	0.98%	0.98%
TRV	B	1.15%	0.88%	0.88%
TSN	B	0.71%	0.39%	0.39%
ULTA	F	0.04%	0.67%	0.04%
V	A	0.9%	0.76%	0.76%
VRSN	F	0.64%	0.54%	0.54%
VZ	C	1.35%	0.81%	0.81%
WDAY	B	0.43%	0.37%	0.37%
WTW	B	0.38%	0.76%	0.38%

USMV Overweight 122 Positions Relative to FUNL

Symbol	Grade	Weight
MSI	B	1.81%
WMT	A	1.78%
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%
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%
UNH	C	1.34%
ORCL	B	1.31%
ROP	B	1.3%
ACN	C	1.29%
AJG	B	1.27%
MCD	D	1.25%
LLY	F	1.25%
PG	A	1.23%
AVGO	D	1.19%
ED	D	1.13%
MMC	B	1.11%
ABBV	D	1.04%
PEP	F	1.01%
GDDY	A	1.0%
AAPL	C	0.99%
AZO	C	0.98%
FCNCA	A	0.88%
CBOE	B	0.85%
K	A	0.8%
WEC	A	0.78%
VRTX	F	0.69%
FI	A	0.69%
ORLY	B	0.68%
ACGL	D	0.68%
COR	B	0.67%
NVDA	C	0.67%
AMGN	D	0.59%
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%
INCY	C	0.53%
AON	A	0.53%
CME	A	0.53%
PTC	A	0.52%
ELV	F	0.52%
YUM	B	0.5%
XEL	A	0.46%
UBER	D	0.45%
JNPR	F	0.45%
XOM	B	0.45%
MDLZ	F	0.44%
EG	C	0.43%
ERIE	D	0.42%
VRSK	A	0.42%
CL	D	0.41%
CHD	B	0.4%
HUM	C	0.4%
BAH	F	0.39%
AEP	D	0.39%
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%
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%
AZPN	A	0.23%
ALNY	D	0.22%
BMRN	D	0.22%
HRL	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%
LIN	D	0.16%
STX	D	0.16%
GOOG	C	0.16%
UTHR	C	0.14%
AMZN	C	0.14%
DGX	A	0.11%
KO	D	0.1%
LNT	A	0.1%
ADP	B	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	B	0.06%
VLO	C	0.05%
GD	F	0.05%
CVS	D	0.04%

USMV Underweight 111 Positions Relative to FUNL

Symbol	Grade	Weight
WFC	A	-1.81%
META	D	-1.71%
JPM	A	-1.28%
DIS	B	-1.27%
C	A	-1.05%
VST	B	-1.04%
DASH	A	-1.03%
BKNG	A	-1.02%
TEAM	A	-1.01%
RF	A	-0.96%
DAL	C	-0.96%
EXPE	B	-0.95%
SCHW	B	-0.93%
TFC	A	-0.9%
DOV	A	-0.89%
LDOS	C	-0.89%
EBAY	D	-0.89%
FNF	B	-0.87%
NTRS	A	-0.86%
CAT	B	-0.82%
TROW	B	-0.82%
UHS	D	-0.82%
GOOGL	C	-0.81%
MMM	D	-0.81%
PCG	A	-0.81%
HCA	F	-0.81%
USB	A	-0.8%
MRO	B	-0.8%
MO	A	-0.78%
MET	A	-0.78%
SPGI	C	-0.78%
MAS	D	-0.76%
ZM	B	-0.76%
CSX	B	-0.75%
TXT	D	-0.75%
FDX	B	-0.75%
TGT	F	-0.75%
FTV	C	-0.75%
PM	B	-0.74%
CTRA	B	-0.73%
MSCI	C	-0.73%
PFG	D	-0.7%
COP	C	-0.7%
UPS	C	-0.69%
QCOM	F	-0.67%
BIIB	F	-0.67%
AVY	D	-0.66%
LRCX	F	-0.63%
BAX	D	-0.62%
SLB	C	-0.62%
DVN	F	-0.61%
PPG	F	-0.61%
AMD	F	-0.6%
AMAT	F	-0.54%
SQ	B	-0.54%
LYB	F	-0.53%
TPG	A	-0.53%
CNC	D	-0.53%
APO	B	-0.51%
MU	D	-0.5%
ETR	B	-0.45%
BKR	B	-0.44%
PNR	A	-0.44%
SNA	A	-0.44%
APP	B	-0.43%
WAB	B	-0.43%
APTV	D	-0.42%
CMI	A	-0.42%
NEE	D	-0.41%
NRG	B	-0.4%
SSNC	B	-0.4%
DFS	B	-0.4%
VEEV	C	-0.39%
MCO	B	-0.39%
FR	C	-0.38%
OC	A	-0.38%
LAMR	D	-0.38%
NI	A	-0.37%
ELS	C	-0.37%
CEG	D	-0.36%
DD	D	-0.36%
BBY	D	-0.36%
DDOG	A	-0.35%
MAA	B	-0.35%
CRBG	B	-0.35%
WMG	C	-0.34%
CUBE	D	-0.34%
EIX	B	-0.34%
HST	C	-0.33%
SYY	B	-0.33%
AMCR	D	-0.33%
ADBE	C	-0.33%
O	D	-0.33%
NNN	D	-0.33%
GLPI	C	-0.32%
AIG	B	-0.32%
TEVA	D	-0.32%
NXPI	D	-0.31%
TER	D	-0.3%
CAG	D	-0.3%
SBAC	D	-0.28%
PINS	D	-0.26%
EL	F	-0.26%
KIM	A	-0.19%
VICI	C	-0.18%
EQR	B	-0.18%
WPC	D	-0.17%
ADC	B	-0.17%
AMH	D	-0.16%
STAG	F	-0.15%
SOLV	C	-0.1%