USMV vs. GSEW ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW)

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

GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

GSEW Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive US Large Cap Equal Weight Index (GTR). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index consists of equity securities of large capitalization U.S. issuers. The index is an equal-weight version of the Solactive US Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.

Grade (RS Rating)

Last Trade

$82.13

Average Daily Volume

46,558

Number of Holdings ^*

489

* may have additional holdings in another (foreign) market

Performance

Period	USMV	GSEW
30 Days	1.70%	5.61%
60 Days	2.42%	6.23%
90 Days	4.02%	8.71%
12 Months	25.63%	32.95%

153 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in GSEW	Overlap
AAPL	C	0.99%	0.2%	0.2%
ABBV	D	1.04%	0.17%	0.17%
ABT	B	0.09%	0.2%	0.09%
ACGL	D	0.68%	0.2%	0.2%
ACN	C	1.29%	0.21%	0.21%
ADI	D	0.23%	0.19%	0.19%
ADP	B	0.09%	0.2%	0.09%
AEE	A	0.24%	0.21%	0.21%
AEP	D	0.39%	0.19%	0.19%
AJG	B	1.27%	0.2%	0.2%
AKAM	D	0.39%	0.17%	0.17%
ALNY	D	0.22%	0.19%	0.19%
AMGN	D	0.59%	0.19%	0.19%
AMZN	C	0.14%	0.21%	0.14%
ANET	C	0.29%	0.18%	0.18%
AON	A	0.53%	0.2%	0.2%
APH	A	1.44%	0.2%	0.2%
ATO	A	0.06%	0.21%	0.06%
AVGO	D	1.19%	0.19%	0.19%
AZO	C	0.98%	0.2%	0.2%
BAH	F	0.39%	0.17%	0.17%
BDX	F	0.56%	0.19%	0.19%
BMRN	D	0.22%	0.2%	0.2%
BMY	B	0.49%	0.21%	0.21%
BR	A	0.05%	0.21%	0.05%
BRK.A	B	1.55%	0.2%	0.2%
CB	C	1.47%	0.21%	0.21%
CBOE	B	0.85%	0.2%	0.2%
CDNS	B	0.18%	0.2%	0.18%
CDW	F	0.35%	0.18%	0.18%
CHD	B	0.4%	0.21%	0.21%
CI	F	0.21%	0.21%	0.21%
CL	D	0.41%	0.2%	0.2%
CMCSA	B	0.39%	0.2%	0.2%
CME	A	0.53%	0.2%	0.2%
CMS	C	0.19%	0.2%	0.19%
COR	B	0.67%	0.2%	0.2%
CRM	B	0.05%	0.22%	0.05%
CRWD	B	0.19%	0.22%	0.19%
CSCO	B	1.47%	0.2%	0.2%
CTSH	B	0.76%	0.21%	0.21%
CTVA	C	0.38%	0.19%	0.19%
CVS	D	0.04%	0.18%	0.04%
CVX	A	0.34%	0.21%	0.21%
D	C	0.23%	0.2%	0.2%
DELL	C	0.12%	0.2%	0.12%
DGX	A	0.11%	0.2%	0.11%
DPZ	C	0.19%	0.2%	0.19%
DTE	C	0.2%	0.2%	0.2%
DUK	C	1.49%	0.2%	0.2%
EA	A	0.89%	0.21%	0.21%
ED	D	1.13%	0.19%	0.19%
EG	C	0.43%	0.2%	0.2%
ELV	F	0.52%	0.19%	0.19%
EOG	A	0.17%	0.21%	0.17%
FANG	D	0.55%	0.2%	0.2%
FCNCA	A	0.88%	0.19%	0.19%
FI	A	0.69%	0.2%	0.2%
FICO	B	0.59%	0.22%	0.22%
FSLR	F	0.06%	0.2%	0.06%
GD	F	0.05%	0.19%	0.05%
GDDY	A	1.0%	0.21%	0.21%
GEN	B	0.35%	0.21%	0.21%
GILD	C	0.94%	0.2%	0.2%
GIS	D	0.66%	0.2%	0.2%
GLW	B	0.31%	0.2%	0.2%
GRMN	B	0.33%	0.2%	0.2%
HD	A	0.3%	0.21%	0.21%
HIG	B	0.12%	0.2%	0.12%
HOLX	D	0.16%	0.2%	0.16%
HON	B	0.25%	0.21%	0.21%
HSY	F	0.3%	0.2%	0.2%
HUBS	A	0.24%	0.23%	0.23%
HUM	C	0.4%	0.2%	0.2%
IBM	C	1.66%	0.2%	0.2%
ICE	C	0.28%	0.2%	0.2%
IT	C	0.35%	0.2%	0.2%
JNJ	D	1.18%	0.19%	0.19%
K	A	0.8%	0.2%	0.2%
KDP	D	0.59%	0.2%	0.2%
KEYS	A	0.55%	0.19%	0.19%
KHC	F	0.38%	0.19%	0.19%
KMB	D	0.21%	0.2%	0.2%
KO	D	0.1%	0.2%	0.1%
KR	B	0.61%	0.2%	0.2%
L	A	0.28%	0.2%	0.2%
LIN	D	0.16%	0.2%	0.16%
LLY	F	1.25%	0.2%	0.2%
LMT	D	0.82%	0.2%	0.2%
LNT	A	0.1%	0.21%	0.1%
MA	C	0.7%	0.2%	0.2%
MCD	D	1.25%	0.2%	0.2%
MCK	B	1.35%	0.23%	0.23%
MDLZ	F	0.44%	0.2%	0.2%
MDT	D	0.13%	0.19%	0.13%
MKL	A	0.34%	0.21%	0.21%
MMC	B	1.11%	0.2%	0.2%
MOH	F	0.18%	0.19%	0.18%
MPC	D	0.54%	0.21%	0.21%
MRK	F	1.01%	0.19%	0.19%
MSFT	F	1.34%	0.21%	0.21%
MSI	B	1.81%	0.21%	0.21%
NEM	D	0.46%	0.18%	0.18%
NOC	D	1.43%	0.19%	0.19%
NOW	A	0.75%	0.21%	0.21%
NTAP	C	0.22%	0.2%	0.2%
NVDA	C	0.67%	0.2%	0.2%
ORCL	B	1.31%	0.21%	0.21%
ORLY	B	0.68%	0.2%	0.2%
OTIS	C	0.07%	0.2%	0.07%
OXY	D	0.12%	0.2%	0.12%
PEP	F	1.01%	0.2%	0.2%
PFE	D	0.2%	0.19%	0.19%
PG	A	1.23%	0.21%	0.21%
PGR	A	1.67%	0.2%	0.2%
PKG	A	0.2%	0.2%	0.2%
PSX	C	0.06%	0.2%	0.06%
PTC	A	0.52%	0.19%	0.19%
REGN	F	0.59%	0.19%	0.19%
ROL	B	0.36%	0.21%	0.21%
ROP	B	1.3%	0.2%	0.2%
RSG	A	1.55%	0.2%	0.2%
RTX	C	0.09%	0.2%	0.09%
SNPS	B	0.18%	0.2%	0.18%
SO	D	1.35%	0.2%	0.2%
STX	D	0.16%	0.19%	0.16%
T	A	0.74%	0.2%	0.2%
TDY	B	0.57%	0.2%	0.2%
TJX	A	0.45%	0.21%	0.21%
TMUS	B	1.95%	0.21%	0.21%
TRV	B	1.15%	0.2%	0.2%
TSN	B	0.71%	0.22%	0.22%
TW	A	0.2%	0.2%	0.2%
TXN	C	1.39%	0.19%	0.19%
UBER	D	0.45%	0.2%	0.2%
ULTA	F	0.04%	0.2%	0.04%
UNH	C	1.34%	0.2%	0.2%
V	A	0.9%	0.2%	0.2%
VLO	C	0.05%	0.2%	0.05%
VRSK	A	0.42%	0.21%	0.21%
VRSN	F	0.64%	0.2%	0.2%
VRTX	F	0.69%	0.2%	0.2%
VZ	C	1.35%	0.2%	0.2%
WDAY	B	0.43%	0.22%	0.22%
WEC	A	0.78%	0.2%	0.2%
WM	A	1.44%	0.2%	0.2%
WMB	A	0.31%	0.2%	0.2%
WMT	A	1.78%	0.2%	0.2%
WRB	A	0.31%	0.2%	0.2%
WTW	B	0.38%	0.2%	0.2%
XEL	A	0.46%	0.21%	0.21%
XOM	B	0.45%	0.2%	0.2%
YUM	B	0.5%	0.21%	0.21%

USMV Overweight 17 Positions Relative to GSEW

Symbol	Grade	Weight
WCN	A	1.56%
FFIV	B	0.55%
INCY	C	0.53%
JNPR	F	0.45%
ERIE	D	0.42%
AFG	A	0.35%
CPB	D	0.33%
AIZ	A	0.32%
NBIX	C	0.32%
FWONK	B	0.31%
AZPN	A	0.23%
HRL	D	0.21%
MELI	D	0.18%
GOOG	C	0.16%
UTHR	C	0.14%
TEL	B	0.07%
KNX	B	0.06%

USMV Underweight 336 Positions Relative to GSEW

Symbol	Grade	Weight
APP	B	-0.34%
AXON	A	-0.27%
MSTR	C	-0.26%
FTNT	C	-0.24%
WBD	C	-0.24%
VST	B	-0.23%
FLUT	A	-0.23%
COIN	C	-0.23%
EXPE	B	-0.22%
INTU	C	-0.22%
DECK	A	-0.22%
NTNX	A	-0.22%
DLTR	F	-0.22%
VTRS	A	-0.22%
SQ	B	-0.22%
BURL	A	-0.22%
ZS	C	-0.22%
SNOW	C	-0.22%
NFLX	A	-0.22%
TTWO	A	-0.22%
DXCM	D	-0.22%
TSLA	B	-0.22%
DKNG	B	-0.22%
PODD	C	-0.22%
PLTR	B	-0.22%
TEAM	A	-0.22%
DIS	B	-0.22%
PM	B	-0.21%
RF	A	-0.21%
AVB	B	-0.21%
AFL	B	-0.21%
SNA	A	-0.21%
HLT	A	-0.21%
TPL	A	-0.21%
WELL	A	-0.21%
TRGP	B	-0.21%
LEN	D	-0.21%
FTV	C	-0.21%
VRT	B	-0.21%
PLD	D	-0.21%
GWRE	A	-0.21%
EXPD	D	-0.21%
BLK	C	-0.21%
CNP	B	-0.21%
EMR	A	-0.21%
MO	A	-0.21%
FIS	C	-0.21%
MAR	B	-0.21%
CF	B	-0.21%
BBY	D	-0.21%
SHW	A	-0.21%
PNC	B	-0.21%
LH	C	-0.21%
EBAY	D	-0.21%
META	D	-0.21%
EL	F	-0.21%
PANW	C	-0.21%
EQR	B	-0.21%
APD	A	-0.21%
BX	A	-0.21%
CMI	A	-0.21%
WSM	B	-0.21%
LPLA	A	-0.21%
FITB	A	-0.21%
CMG	B	-0.21%
CBRE	B	-0.21%
DDOG	A	-0.21%
PCG	A	-0.21%
DLR	B	-0.21%
EVRG	A	-0.21%
MDB	C	-0.21%
WST	C	-0.21%
BG	F	-0.21%
LYV	A	-0.21%
ZM	B	-0.21%
BLDR	D	-0.21%
BALL	D	-0.21%
INTC	D	-0.21%
ESS	B	-0.21%
BKR	B	-0.21%
PNR	A	-0.21%
PEG	A	-0.21%
MNST	C	-0.21%
EXR	D	-0.21%
WSO	A	-0.21%
SPG	B	-0.21%
CTRA	B	-0.21%
PSA	D	-0.21%
CPRT	A	-0.21%
SYK	C	-0.21%
COST	B	-0.21%
ALL	A	-0.21%
RCL	A	-0.21%
DASH	A	-0.21%
MAA	B	-0.21%
LOW	D	-0.21%
LUV	C	-0.21%
SBUX	A	-0.21%
IBKR	A	-0.21%
TOL	B	-0.21%
OC	A	-0.21%
TGT	F	-0.21%
ISRG	A	-0.21%
FDS	B	-0.21%
MCO	B	-0.21%
DAL	C	-0.21%
ADBE	C	-0.21%
TT	A	-0.21%
SPGI	C	-0.21%
JCI	C	-0.21%
OKE	A	-0.21%
KVUE	A	-0.21%
PWR	A	-0.21%
CAH	B	-0.21%
SRE	A	-0.21%
UAL	A	-0.21%
EQT	B	-0.21%
PYPL	B	-0.21%
LNG	B	-0.21%
CPAY	A	-0.21%
STZ	D	-0.21%
GM	B	-0.21%
VEEV	C	-0.21%
MSCI	C	-0.21%
SCHW	B	-0.21%
FDX	B	-0.21%
NDSN	B	-0.2%
ENTG	D	-0.2%
STT	A	-0.2%
IP	B	-0.2%
STE	F	-0.2%
SYF	B	-0.2%
DFS	B	-0.2%
DE	A	-0.2%
GEV	B	-0.2%
ARE	D	-0.2%
IEX	B	-0.2%
VMC	B	-0.2%
AMT	D	-0.2%
AVY	D	-0.2%
AXP	A	-0.2%
FE	C	-0.2%
ODFL	B	-0.2%
DD	D	-0.2%
HCA	F	-0.2%
MKC	D	-0.2%
WAB	B	-0.2%
USB	A	-0.2%
PRU	A	-0.2%
PPG	F	-0.2%
ITW	B	-0.2%
DRI	B	-0.2%
KEY	B	-0.2%
C	A	-0.2%
POOL	C	-0.2%
ROK	B	-0.2%
XYL	D	-0.2%
MAS	D	-0.2%
TER	D	-0.2%
GE	D	-0.2%
TXT	D	-0.2%
WY	D	-0.2%
GWW	B	-0.2%
DG	F	-0.2%
LRCX	F	-0.2%
MET	A	-0.2%
ZBH	C	-0.2%
JPM	A	-0.2%
WAT	B	-0.2%
BK	A	-0.2%
PH	A	-0.2%
ARES	A	-0.2%
FAST	B	-0.2%
SBAC	D	-0.2%
KKR	A	-0.2%
CFG	B	-0.2%
PAYX	C	-0.2%
EXC	C	-0.2%
EME	C	-0.2%
COP	C	-0.2%
PCAR	B	-0.2%
IRM	D	-0.2%
DVN	F	-0.2%
TROW	B	-0.2%
TRMB	B	-0.2%
NTRS	A	-0.2%
HAL	C	-0.2%
DHI	D	-0.2%
AMAT	F	-0.2%
BRO	B	-0.2%
AWK	D	-0.2%
UPS	C	-0.2%
NRG	B	-0.2%
GS	A	-0.2%
AMP	A	-0.2%
CCI	D	-0.2%
CINF	A	-0.2%
ETN	A	-0.2%
O	D	-0.2%
ADM	D	-0.2%
WFC	A	-0.2%
AIG	B	-0.2%
EFX	F	-0.2%
MRVL	B	-0.2%
TFC	A	-0.2%
MMM	D	-0.2%
DOV	A	-0.2%
ETR	B	-0.2%
CSGP	D	-0.2%
HWM	A	-0.2%
MANH	D	-0.2%
MRO	B	-0.2%
NET	B	-0.2%
RJF	A	-0.2%
WPC	D	-0.2%
GOOGL	C	-0.2%
CSL	C	-0.2%
CTAS	B	-0.2%
PFG	D	-0.2%
EW	C	-0.2%
NKE	D	-0.2%
F	C	-0.2%
ECL	D	-0.2%
CARR	D	-0.2%
MS	A	-0.2%
NVR	D	-0.2%
SLB	C	-0.2%
HPQ	B	-0.2%
BKNG	A	-0.2%
EIX	B	-0.2%
ES	D	-0.2%
CLX	B	-0.2%
HES	B	-0.2%
IFF	D	-0.2%
VLTO	D	-0.2%
APO	B	-0.2%
FNF	B	-0.2%
HPE	B	-0.2%
MTB	A	-0.2%
IR	B	-0.2%
VICI	C	-0.2%
NEE	D	-0.2%
OMC	C	-0.2%
ALGN	D	-0.2%
HBAN	A	-0.2%
CCL	B	-0.2%
GGG	B	-0.2%
AME	A	-0.2%
BAC	A	-0.2%
ZBRA	B	-0.2%
PHM	D	-0.2%
RBLX	C	-0.2%
SSNC	B	-0.2%
ROST	C	-0.2%
BSX	B	-0.2%
LII	A	-0.2%
VTR	C	-0.2%
ANSS	B	-0.2%
CVNA	B	-0.2%
KMI	A	-0.2%
PPL	B	-0.2%
GPC	D	-0.2%
TTD	B	-0.2%
EQIX	A	-0.2%
INVH	D	-0.2%
NI	A	-0.2%
RPM	A	-0.2%
ADSK	A	-0.2%
NDAQ	A	-0.2%
GPN	B	-0.2%
ZTS	D	-0.2%
KIM	A	-0.2%
IDXX	F	-0.2%
TYL	B	-0.2%
AVTR	F	-0.19%
TDG	D	-0.19%
ON	D	-0.19%
HUBB	B	-0.19%
PSTG	D	-0.19%
DOW	F	-0.19%
BA	F	-0.19%
SWKS	F	-0.19%
IQV	D	-0.19%
RVTY	F	-0.19%
CAT	B	-0.19%
ILMN	D	-0.19%
CAG	D	-0.19%
CNC	D	-0.19%
A	D	-0.19%
EXAS	D	-0.19%
BIIB	F	-0.19%
JBL	B	-0.19%
MLM	B	-0.19%
RMD	C	-0.19%
SWK	D	-0.19%
J	F	-0.19%
JBHT	C	-0.19%
CEG	D	-0.19%
SW	A	-0.19%
UNP	C	-0.19%
TMO	F	-0.19%
QCOM	F	-0.19%
JKHY	D	-0.19%
SUI	D	-0.19%
DOC	D	-0.19%
GEHC	F	-0.19%
ABNB	C	-0.19%
NSC	B	-0.19%
LVS	C	-0.19%
DHR	F	-0.19%
LYB	F	-0.19%
LHX	C	-0.19%
TSCO	D	-0.19%
RS	B	-0.19%
COF	B	-0.19%
TRU	D	-0.19%
KLAC	D	-0.19%
CSX	B	-0.19%
AMD	F	-0.19%
SYY	B	-0.19%
URI	B	-0.19%
CHTR	C	-0.19%
NUE	C	-0.18%
PINS	D	-0.18%
BAX	D	-0.18%
MCHP	D	-0.18%
MU	D	-0.18%
STLD	B	-0.18%
MTD	D	-0.18%
WDC	D	-0.18%
FCX	D	-0.18%
SMCI	F	-0.17%
LDOS	C	-0.17%
CE	F	-0.16%
MPWR	F	-0.15%
MRNA	F	-0.15%