USMV vs. JHAC ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to John Hancock Fundamental All Cap Core ETF (JHAC)

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

JHAC

John Hancock Fundamental All Cap Core ETF

JHAC Description

Under normal market conditions, the fund invests at least 80% of its net assets in equity securities. Market capitalizations of these companies will span the capitalization spectrum. Equity securities include exchange-traded common and preferred securities (and exchange-traded futures providing such exposure). The manager seeks to identify companies that demonstrate key growth drivers, sustainable cash flow production, and high returns on capital, sustainable competitive advantages, and strong management.

Grade (RS Rating)

Last Trade

$15.23

Average Daily Volume

933

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	USMV	JHAC
30 Days	1.70%	5.80%
60 Days	2.42%	6.79%
90 Days	4.02%	7.57%
12 Months	25.63%	38.25%

13 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in JHAC	Overlap
AAPL	C	0.99%	4.24%	0.99%
ADI	D	0.23%	3.19%	0.23%
ALNY	D	0.22%	0.01%	0.01%
AMZN	C	0.14%	8.21%	0.14%
CRM	B	0.05%	2.87%	0.05%
ELV	F	0.52%	1.59%	0.52%
HOLX	D	0.16%	1.79%	0.16%
MSFT	F	1.34%	1.03%	1.03%
NVDA	C	0.67%	6.24%	0.67%
ORCL	B	1.31%	2.04%	1.31%
ROP	B	1.3%	1.32%	1.3%
TXN	C	1.39%	1.68%	1.39%
WDAY	B	0.43%	2.55%	0.43%

USMV Overweight 157 Positions Relative to JHAC

Symbol	Grade	Weight
TMUS	B	1.95%
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%
CSCO	B	1.47%
CB	C	1.47%
APH	A	1.44%
WM	A	1.44%
NOC	D	1.43%
VZ	C	1.35%
SO	D	1.35%
MCK	B	1.35%
UNH	C	1.34%
ACN	C	1.29%
AJG	B	1.27%
MCD	D	1.25%
LLY	F	1.25%
PG	A	1.23%
AVGO	D	1.19%
JNJ	D	1.18%
TRV	B	1.15%
ED	D	1.13%
MMC	B	1.11%
ABBV	D	1.04%
MRK	F	1.01%
PEP	F	1.01%
GDDY	A	1.0%
AZO	C	0.98%
GILD	C	0.94%
V	A	0.9%
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%
T	A	0.74%
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%
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%
MPC	D	0.54%
INCY	C	0.53%
AON	A	0.53%
CME	A	0.53%
PTC	A	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%
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%
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%
CVX	A	0.34%
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%
HD	A	0.3%
ANET	C	0.29%
ICE	C	0.28%
L	A	0.28%
HON	B	0.25%
AEE	A	0.24%
HUBS	A	0.24%
D	C	0.23%
AZPN	A	0.23%
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%
PFE	D	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%
LIN	D	0.16%
STX	D	0.16%
GOOG	C	0.16%
UTHR	C	0.14%
MDT	D	0.13%
DELL	C	0.12%
HIG	B	0.12%
OXY	D	0.12%
DGX	A	0.11%
KO	D	0.1%
LNT	A	0.1%
RTX	C	0.09%
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%
BR	A	0.05%
GD	F	0.05%
ULTA	F	0.04%
CVS	D	0.04%

USMV Underweight 29 Positions Relative to JHAC

Symbol	Grade	Weight
GOOGL	C	-5.6%
LEN	D	-4.86%
KKR	A	-3.98%
MS	A	-3.78%
LNG	B	-3.34%
FHB	A	-3.28%
CCI	D	-3.23%
URI	B	-2.72%
GS	A	-2.46%
SPGI	C	-2.02%
GPI	A	-2.01%
PH	A	-2.01%
RRX	B	-1.62%
BUD	F	-1.5%
ADSK	A	-1.39%
PII	D	-1.22%
LVS	C	-1.2%
AVTR	F	-1.12%
AXTA	A	-1.06%
NVR	D	-0.97%
CARG	C	-0.94%
MTN	C	-0.84%
WBD	C	-0.83%
TMO	F	-0.72%
ELAN	D	-0.5%
MRNA	F	-0.46%
ST	F	-0.31%
FPH	C	-0.17%
AMT	D	-0.01%