USMV vs. IVE ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to iShares S&P 500 Value ETF (IVE)

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

IVE

iShares S&P 500 Value ETF

IVE Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P 500Â® Value Index (the "underlying index"), which measures the performance of the large-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$203.74

Average Daily Volume

513,295

Number of Holdings ^*

436

* may have additional holdings in another (foreign) market

Performance

Period	USMV	IVE
30 Days	1.70%	2.72%
60 Days	2.42%	3.94%
90 Days	4.02%	6.02%
12 Months	25.63%	26.65%

134 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in IVE	Overlap
ABBV	D	1.04%	0.86%	0.86%
ABT	B	0.09%	0.95%	0.09%
ACN	C	1.29%	0.48%	0.48%
ADI	D	0.23%	0.2%	0.2%
ADP	B	0.09%	0.35%	0.09%
AEE	A	0.24%	0.11%	0.11%
AEP	D	0.39%	0.24%	0.24%
AIZ	A	0.32%	0.05%	0.05%
AJG	B	1.27%	0.15%	0.15%
AKAM	D	0.39%	0.03%	0.03%
AMGN	D	0.59%	0.72%	0.59%
AON	A	0.53%	0.19%	0.19%
APH	A	1.44%	0.18%	0.18%
ATO	A	0.06%	0.11%	0.06%
AZO	C	0.98%	0.08%	0.08%
BDX	F	0.56%	0.31%	0.31%
BMY	B	0.49%	0.54%	0.49%
BR	A	0.05%	0.05%	0.05%
BRK.A	B	1.55%	4.04%	1.55%
CB	C	1.47%	0.51%	0.51%
CBOE	B	0.85%	0.04%	0.04%
CDW	F	0.35%	0.06%	0.06%
CHD	B	0.4%	0.07%	0.07%
CI	F	0.21%	0.42%	0.21%
CL	D	0.41%	0.22%	0.22%
CMCSA	B	0.39%	0.78%	0.39%
CME	A	0.53%	0.24%	0.24%
CMS	C	0.19%	0.1%	0.1%
COR	B	0.67%	0.2%	0.2%
CPB	D	0.33%	0.04%	0.04%
CSCO	B	1.47%	1.09%	1.09%
CTSH	B	0.76%	0.18%	0.18%
CTVA	C	0.38%	0.18%	0.18%
CVS	D	0.04%	0.31%	0.04%
CVX	A	0.34%	1.29%	0.34%
D	C	0.23%	0.23%	0.23%
DELL	C	0.12%	0.08%	0.08%
DGX	A	0.11%	0.08%	0.08%
DPZ	C	0.19%	0.04%	0.04%
DTE	C	0.2%	0.12%	0.12%
DUK	C	1.49%	0.41%	0.41%
EA	A	0.89%	0.1%	0.1%
ED	D	1.13%	0.16%	0.16%
EG	C	0.43%	0.08%	0.08%
ELV	F	0.52%	0.44%	0.44%
EOG	A	0.17%	0.12%	0.12%
ERIE	D	0.42%	0.02%	0.02%
FFIV	B	0.55%	0.07%	0.07%
FI	A	0.69%	0.27%	0.27%
FSLR	F	0.06%	0.1%	0.06%
GD	F	0.05%	0.35%	0.05%
GEN	B	0.35%	0.08%	0.08%
GILD	C	0.94%	0.52%	0.52%
GIS	D	0.66%	0.16%	0.16%
GLW	B	0.31%	0.17%	0.17%
GRMN	B	0.33%	0.07%	0.07%
HD	A	0.3%	1.2%	0.3%
HIG	B	0.12%	0.16%	0.12%
HOLX	D	0.16%	0.09%	0.09%
HON	B	0.25%	0.7%	0.25%
HRL	D	0.21%	0.04%	0.04%
HSY	F	0.3%	0.07%	0.07%
HUM	C	0.4%	0.16%	0.16%
IBM	C	1.66%	0.89%	0.89%
ICE	C	0.28%	0.42%	0.28%
INCY	C	0.53%	0.06%	0.06%
JNJ	D	1.18%	1.74%	1.18%
JNPR	F	0.45%	0.06%	0.06%
K	A	0.8%	0.1%	0.1%
KDP	D	0.59%	0.17%	0.17%
KEYS	A	0.55%	0.12%	0.12%
KHC	F	0.38%	0.13%	0.13%
KMB	D	0.21%	0.21%	0.21%
KO	D	0.1%	0.69%	0.1%
KR	B	0.61%	0.18%	0.18%
L	A	0.28%	0.07%	0.07%
LIN	D	0.16%	0.49%	0.16%
LMT	D	0.82%	0.53%	0.53%
LNT	A	0.1%	0.07%	0.07%
MA	C	0.7%	0.57%	0.57%
MCD	D	1.25%	0.55%	0.55%
MCK	B	1.35%	0.37%	0.37%
MDLZ	F	0.44%	0.23%	0.23%
MDT	D	0.13%	0.53%	0.13%
MMC	B	1.11%	0.25%	0.25%
MOH	F	0.18%	0.03%	0.03%
MPC	D	0.54%	0.11%	0.11%
MRK	F	1.01%	0.69%	0.69%
MSI	B	1.81%	0.16%	0.16%
NEM	D	0.46%	0.22%	0.22%
NOC	D	1.43%	0.32%	0.32%
NTAP	C	0.22%	0.07%	0.07%
ORLY	B	0.68%	0.09%	0.09%
OTIS	C	0.07%	0.11%	0.07%
OXY	D	0.12%	0.16%	0.12%
PEP	F	1.01%	0.65%	0.65%
PFE	D	0.2%	0.66%	0.2%
PG	A	1.23%	1.14%	1.14%
PGR	A	1.67%	0.35%	0.35%
PKG	A	0.2%	0.1%	0.1%
PSX	C	0.06%	0.26%	0.06%
PTC	A	0.52%	0.04%	0.04%
REGN	F	0.59%	0.15%	0.15%
ROL	B	0.36%	0.04%	0.04%
ROP	B	1.3%	0.16%	0.16%
RSG	A	1.55%	0.09%	0.09%
RTX	C	0.09%	0.74%	0.09%
SO	D	1.35%	0.45%	0.45%
STX	D	0.16%	0.06%	0.06%
T	A	0.74%	0.76%	0.74%
TDY	B	0.57%	0.1%	0.1%
TEL	B	0.07%	0.13%	0.07%
TJX	A	0.45%	0.22%	0.22%
TMUS	B	1.95%	0.54%	0.54%
TRV	B	1.15%	0.28%	0.28%
TSN	B	0.71%	0.09%	0.09%
TXN	C	1.39%	0.54%	0.54%
ULTA	F	0.04%	0.03%	0.03%
UNH	C	1.34%	1.59%	1.34%
V	A	0.9%	0.83%	0.83%
VLO	C	0.05%	0.21%	0.05%
VRSK	A	0.42%	0.08%	0.08%
VRSN	F	0.64%	0.04%	0.04%
VRTX	F	0.69%	0.2%	0.2%
VZ	C	1.35%	0.82%	0.82%
WEC	A	0.78%	0.15%	0.15%
WM	A	1.44%	0.2%	0.2%
WMB	A	0.31%	0.2%	0.2%
WMT	A	1.78%	1.72%	1.72%
WRB	A	0.31%	0.09%	0.09%
WTW	B	0.38%	0.15%	0.15%
XEL	A	0.46%	0.18%	0.18%
XOM	B	0.45%	2.49%	0.45%
YUM	B	0.5%	0.1%	0.1%

USMV Overweight 36 Positions Relative to IVE

Symbol	Grade	Weight
WCN	A	1.56%
MSFT	F	1.34%
ORCL	B	1.31%
LLY	F	1.25%
AVGO	D	1.19%
GDDY	A	1.0%
AAPL	C	0.99%
FCNCA	A	0.88%
NOW	A	0.75%
ACGL	D	0.68%
NVDA	C	0.67%
FICO	B	0.59%
FANG	D	0.55%
UBER	D	0.45%
WDAY	B	0.43%
BAH	F	0.39%
IT	C	0.35%
AFG	A	0.35%
MKL	A	0.34%
NBIX	C	0.32%
FWONK	B	0.31%
ANET	C	0.29%
HUBS	A	0.24%
AZPN	A	0.23%
ALNY	D	0.22%
BMRN	D	0.22%
TW	A	0.2%
CRWD	B	0.19%
CDNS	B	0.18%
MELI	D	0.18%
SNPS	B	0.18%
GOOG	C	0.16%
UTHR	C	0.14%
AMZN	C	0.14%
KNX	B	0.06%
CRM	B	0.05%

USMV Underweight 302 Positions Relative to IVE

Symbol	Grade	Weight
JPM	A	-3.28%
BAC	A	-1.48%
WFC	A	-1.19%
COST	B	-1.09%
DIS	B	-0.98%
GS	A	-0.88%
MS	A	-0.78%
NEE	D	-0.74%
LOW	D	-0.72%
DHR	F	-0.7%
BLK	C	-0.68%
C	A	-0.62%
PM	B	-0.59%
SCHW	B	-0.57%
TMO	F	-0.57%
GE	D	-0.51%
MU	D	-0.5%
INTC	D	-0.49%
PLD	D	-0.49%
UPS	C	-0.46%
MO	A	-0.45%
SPGI	C	-0.42%
PYPL	B	-0.41%
QCOM	F	-0.4%
PNC	B	-0.39%
USB	A	-0.37%
CAT	B	-0.37%
WELL	A	-0.37%
UNP	C	-0.37%
EMR	A	-0.34%
TGT	F	-0.33%
APD	A	-0.33%
COF	B	-0.33%
MMM	D	-0.33%
FDX	B	-0.31%
ISRG	A	-0.3%
GM	B	-0.3%
SLB	C	-0.29%
TFC	A	-0.29%
NSC	B	-0.28%
BA	F	-0.27%
BK	A	-0.27%
BSX	B	-0.27%
SRE	A	-0.27%
ETN	A	-0.26%
AFL	B	-0.26%
JCI	C	-0.26%
NKE	D	-0.25%
KMI	A	-0.25%
AMT	D	-0.25%
GEV	B	-0.24%
ALL	A	-0.24%
FIS	C	-0.23%
SYK	C	-0.23%
AXP	A	-0.23%
AIG	B	-0.23%
MET	A	-0.23%
O	D	-0.23%
CMI	A	-0.23%
LHX	C	-0.22%
DE	A	-0.21%
SHW	A	-0.21%
PEG	A	-0.21%
PCG	A	-0.21%
EQIX	A	-0.21%
CCI	D	-0.21%
PRU	A	-0.21%
SBUX	A	-0.21%
KVUE	A	-0.21%
BKR	B	-0.2%
F	C	-0.2%
ITW	B	-0.19%
COP	C	-0.19%
GEHC	F	-0.18%
CEG	D	-0.18%
EXC	C	-0.18%
CBRE	B	-0.18%
MCO	B	-0.18%
ZTS	D	-0.17%
HPQ	B	-0.17%
MTB	A	-0.17%
BX	A	-0.17%
SYY	B	-0.17%
A	D	-0.17%
STZ	D	-0.17%
VICI	C	-0.16%
CTAS	B	-0.16%
HCA	F	-0.16%
CSX	B	-0.16%
DD	D	-0.16%
WAB	B	-0.16%
RMD	C	-0.16%
SPG	B	-0.16%
EXR	D	-0.16%
DOW	F	-0.15%
ADSK	A	-0.15%
FITB	A	-0.15%
ETR	B	-0.15%
EIX	B	-0.15%
CARR	D	-0.15%
NDAQ	A	-0.15%
AVB	B	-0.15%
DLR	B	-0.15%
CAH	B	-0.14%
ABNB	C	-0.14%
GPN	B	-0.14%
XYL	D	-0.14%
RJF	A	-0.14%
EBAY	D	-0.14%
UAL	A	-0.14%
CNC	D	-0.14%
ECL	D	-0.14%
PSA	D	-0.14%
FCX	D	-0.14%
HPE	B	-0.13%
PAYX	C	-0.13%
DOV	A	-0.13%
STT	A	-0.13%
PPG	F	-0.13%
TT	A	-0.13%
PPL	B	-0.12%
EQR	B	-0.12%
EQT	B	-0.12%
VLTO	D	-0.12%
ADM	D	-0.12%
SW	A	-0.12%
HBAN	A	-0.12%
EW	C	-0.12%
SYF	B	-0.12%
AMP	A	-0.12%
HAL	C	-0.12%
AWK	D	-0.12%
VTR	C	-0.12%
TROW	B	-0.12%
WY	D	-0.11%
ZBH	C	-0.11%
AME	A	-0.11%
BIIB	F	-0.11%
FAST	B	-0.11%
CINF	A	-0.11%
DVN	F	-0.11%
RF	A	-0.11%
OKE	A	-0.11%
CHTR	C	-0.1%
DFS	B	-0.1%
WDC	D	-0.1%
WBD	C	-0.1%
IQV	D	-0.1%
CLX	B	-0.1%
CFG	B	-0.1%
FE	C	-0.1%
LYB	F	-0.1%
LDOS	C	-0.1%
NTRS	A	-0.1%
ES	D	-0.1%
IFF	D	-0.1%
DAL	C	-0.09%
BBY	D	-0.09%
MAA	B	-0.09%
PFG	D	-0.09%
BALL	D	-0.09%
EFX	F	-0.09%
MKC	D	-0.09%
OMC	C	-0.09%
NRG	B	-0.09%
INVH	D	-0.09%
HWM	A	-0.09%
ESS	B	-0.09%
LUV	C	-0.09%
LH	C	-0.09%
PH	A	-0.09%
IP	B	-0.09%
ZBRA	B	-0.09%
MSCI	C	-0.09%
CNP	B	-0.09%
BAX	D	-0.08%
NI	A	-0.08%
ARE	D	-0.08%
IRM	D	-0.08%
CSGP	D	-0.08%
DG	F	-0.08%
TER	D	-0.08%
KIM	A	-0.08%
ROK	B	-0.08%
GPC	D	-0.08%
IEX	B	-0.08%
TSCO	D	-0.08%
TRMB	B	-0.08%
J	F	-0.08%
KEY	B	-0.08%
LEN	D	-0.08%
NXPI	D	-0.07%
NDSN	B	-0.07%
APTV	D	-0.07%
SBAC	D	-0.07%
TTWO	A	-0.07%
EVRG	A	-0.07%
MNST	C	-0.07%
JBHT	C	-0.07%
DOC	D	-0.07%
AMCR	D	-0.07%
EL	F	-0.07%
PWR	A	-0.07%
IDXX	F	-0.07%
VTRS	A	-0.07%
MTD	D	-0.07%
ON	D	-0.07%
PCAR	B	-0.07%
TXT	D	-0.07%
AVY	D	-0.07%
DXCM	D	-0.06%
EMN	D	-0.06%
UHS	D	-0.06%
MLM	B	-0.06%
REG	B	-0.06%
ALB	C	-0.06%
KMX	B	-0.06%
MRNA	F	-0.06%
ANSS	B	-0.06%
JKHY	D	-0.06%
HUBB	B	-0.06%
CPT	B	-0.06%
BG	F	-0.06%
NUE	C	-0.06%
CHRW	C	-0.06%
CAG	D	-0.06%
DLTR	F	-0.06%
TPR	B	-0.06%
GWW	B	-0.06%
SWK	D	-0.06%
UDR	B	-0.06%
VMC	B	-0.06%
SWKS	F	-0.06%
WAT	B	-0.06%
RVTY	F	-0.06%
MCHP	D	-0.06%
CRL	C	-0.05%
FDS	B	-0.05%
MKTX	D	-0.05%
GL	B	-0.05%
AES	F	-0.05%
LKQ	D	-0.05%
IPG	D	-0.05%
FOXA	B	-0.05%
SNA	A	-0.05%
PNW	B	-0.05%
CTLT	B	-0.05%
TECH	D	-0.05%
EXPD	D	-0.05%
NWSA	B	-0.05%
TAP	C	-0.05%
PODD	C	-0.05%
SJM	D	-0.05%
BXP	D	-0.05%
COO	D	-0.05%
ALLE	D	-0.04%
MRO	B	-0.04%
HII	D	-0.04%
MAS	D	-0.04%
BWA	D	-0.04%
MTCH	D	-0.04%
IVZ	B	-0.04%
EPAM	C	-0.04%
HAS	D	-0.04%
MOS	F	-0.04%
FRT	B	-0.04%
HSIC	B	-0.04%
TFX	F	-0.04%
SOLV	C	-0.04%
DRI	B	-0.04%
IR	B	-0.04%
STE	F	-0.04%
DAY	B	-0.03%
FOX	A	-0.03%
BRO	B	-0.03%
POOL	C	-0.03%
WBA	F	-0.03%
PAYC	B	-0.03%
QRVO	F	-0.03%
CTRA	B	-0.03%
PARA	C	-0.03%
LVS	C	-0.03%
BEN	C	-0.03%
JBL	B	-0.03%
FMC	D	-0.03%
ALGN	D	-0.03%
CCL	B	-0.03%
CF	B	-0.03%
MHK	D	-0.03%
STLD	B	-0.03%
AOS	F	-0.02%
CZR	F	-0.02%
DVA	B	-0.02%
NWS	B	-0.02%
LW	C	-0.02%
RL	B	-0.02%
GNRC	B	-0.02%
HST	C	-0.02%
ENPH	F	-0.02%
PNR	A	-0.02%
MGM	D	-0.01%
AMTM	D	-0.01%