USMV vs. ONEV ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to SPDR Russell 1000 Low Volatility Focus ETF (ONEV)

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

$93.36

Average Daily Volume

1,638,518

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

ONEV

SPDR Russell 1000 Low Volatility Focus ETF

ONEV Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 1000 Low Volatility Focused Factor Index. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to reflect the performance of a segment of large-capitalization U.S. equity securities demonstrating a combination of core factors (high value, high quality, and low size characteristics), with a focus factor comprising low volatility characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$133.75

Average Daily Volume

4,803

Number of Holdings ^*

415

* may have additional holdings in another (foreign) market

Performance

Period	USMV	ONEV
30 Days	0.94%	2.99%
60 Days	2.29%	3.90%
90 Days	3.46%	4.57%
12 Months	24.96%	24.95%

73 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in ONEV	Overlap
ACGL	C	0.68%	0.93%	0.68%
AEE	A	0.24%	0.39%	0.24%
AEP	C	0.39%	0.28%	0.28%
AFG	A	0.35%	0.08%	0.08%
AIZ	A	0.32%	0.18%	0.18%
AKAM	D	0.39%	0.29%	0.29%
AON	A	0.53%	0.56%	0.53%
ATO	A	0.06%	0.64%	0.06%
AZO	C	0.98%	0.7%	0.7%
BAH	F	0.39%	0.22%	0.22%
BMY	B	0.49%	1.44%	0.49%
BR	A	0.05%	0.45%	0.05%
CBOE	C	0.85%	0.65%	0.65%
CHD	A	0.4%	0.21%	0.21%
CL	D	0.41%	0.25%	0.25%
CMS	C	0.19%	0.29%	0.19%
COR	B	0.67%	0.67%	0.67%
CPB	D	0.33%	0.2%	0.2%
CTSH	B	0.76%	1.46%	0.76%
CTVA	C	0.38%	0.15%	0.15%
CVS	D	0.04%	0.29%	0.04%
D	C	0.23%	0.31%	0.23%
DGX	A	0.11%	0.39%	0.11%
DPZ	C	0.19%	0.18%	0.18%
DTE	C	0.2%	0.19%	0.19%
EA	A	0.89%	0.79%	0.79%
ED	C	1.13%	0.31%	0.31%
EG	C	0.43%	0.57%	0.43%
FCNCA	A	0.88%	0.16%	0.16%
FFIV	B	0.55%	0.51%	0.51%
GDDY	A	1.0%	0.32%	0.32%
GEN	B	0.35%	0.27%	0.27%
GILD	C	0.94%	0.88%	0.88%
GIS	D	0.66%	0.35%	0.35%
GRMN	B	0.33%	0.51%	0.33%
HIG	B	0.12%	0.26%	0.12%
HOLX	D	0.16%	0.21%	0.16%
HRL	D	0.21%	0.12%	0.12%
HSY	F	0.3%	0.27%	0.27%
HUM	C	0.4%	0.75%	0.4%
INCY	C	0.53%	0.41%	0.41%
JNPR	D	0.45%	0.41%	0.41%
K	A	0.8%	0.39%	0.39%
KEYS	A	0.55%	0.35%	0.35%
KHC	F	0.38%	0.16%	0.16%
KMB	C	0.21%	0.42%	0.21%
KNX	C	0.06%	0.17%	0.06%
KR	B	0.61%	0.57%	0.57%
L	A	0.28%	0.22%	0.22%
LNT	A	0.1%	0.2%	0.1%
MCK	A	1.35%	0.7%	0.7%
MKL	A	0.34%	0.47%	0.34%
MOH	F	0.18%	0.32%	0.18%
NBIX	C	0.32%	0.11%	0.11%
NOC	D	1.43%	0.27%	0.27%
NTAP	C	0.22%	0.54%	0.22%
ORLY	B	0.68%	0.73%	0.68%
OTIS	C	0.07%	0.28%	0.07%
PKG	A	0.2%	0.32%	0.2%
ROL	B	0.36%	0.21%	0.21%
RSG	A	1.55%	0.18%	0.18%
TDY	B	0.57%	0.09%	0.09%
TRV	B	1.15%	0.36%	0.36%
TSN	B	0.71%	0.15%	0.15%
TW	A	0.2%	0.16%	0.16%
UTHR	C	0.14%	0.61%	0.14%
VRSK	A	0.42%	0.26%	0.26%
VRSN	C	0.64%	0.58%	0.58%
WEC	A	0.78%	0.35%	0.35%
WRB	A	0.31%	0.38%	0.31%
WTW	B	0.38%	0.27%	0.27%
XEL	A	0.46%	0.53%	0.46%
YUM	D	0.5%	0.33%	0.33%

USMV Overweight 97 Positions Relative to ONEV

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%
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%
TXN	C	1.39%
VZ	C	1.35%
SO	C	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%
PG	C	1.23%
AVGO	D	1.19%
JNJ	C	1.18%
MMC	B	1.11%
ABBV	F	1.04%
MRK	D	1.01%
PEP	F	1.01%
AAPL	C	0.99%
V	A	0.9%
LMT	D	0.82%
NOW	A	0.75%
T	A	0.74%
MA	B	0.7%
VRTX	D	0.69%
FI	A	0.69%
NVDA	B	0.67%
AMGN	F	0.59%
FICO	B	0.59%
REGN	F	0.59%
KDP	F	0.59%
BDX	F	0.56%
FANG	C	0.55%
MPC	D	0.54%
CME	B	0.53%
PTC	B	0.52%
ELV	F	0.52%
NEM	D	0.46%
UBER	F	0.45%
TJX	A	0.45%
XOM	B	0.45%
MDLZ	F	0.44%
WDAY	B	0.43%
ERIE	D	0.42%
CMCSA	B	0.39%
IT	C	0.35%
CDW	F	0.35%
CVX	A	0.34%
WMB	A	0.31%
GLW	B	0.31%
FWONK	A	0.31%
HD	B	0.3%
ANET	C	0.29%
ICE	C	0.28%
HON	C	0.25%
HUBS	A	0.24%
ADI	D	0.23%
AZPN	A	0.23%
ALNY	D	0.22%
BMRN	F	0.22%
CI	D	0.21%
PFE	F	0.2%
CRWD	B	0.19%
CDNS	B	0.18%
MELI	C	0.18%
SNPS	B	0.18%
EOG	A	0.17%
LIN	C	0.16%
STX	C	0.16%
GOOG	C	0.16%
AMZN	C	0.14%
MDT	D	0.13%
DELL	B	0.12%
OXY	D	0.12%
KO	D	0.1%
RTX	D	0.09%
ADP	A	0.09%
ABT	B	0.09%
TEL	B	0.07%
PSX	C	0.06%
FSLR	F	0.06%
VLO	C	0.05%
CRM	B	0.05%
GD	D	0.05%
ULTA	F	0.04%

USMV Underweight 342 Positions Relative to ONEV

Symbol	Grade	Weight
CAH	B	-1.07%
BBY	D	-0.72%
CMI	A	-0.71%
CINF	A	-0.69%
EBAY	D	-0.64%
RS	B	-0.64%
PSA	C	-0.64%
FAST	B	-0.63%
CNC	D	-0.63%
TROW	B	-0.61%
HPE	B	-0.59%
MO	A	-0.59%
KVUE	A	-0.57%
LH	B	-0.55%
SNA	A	-0.55%
ADM	D	-0.55%
CASY	A	-0.54%
CHTR	C	-0.54%
LDOS	C	-0.54%
GPC	D	-0.54%
ETR	B	-0.52%
OMC	C	-0.5%
FDS	B	-0.49%
GEHC	D	-0.49%
SWKS	F	-0.49%
TSCO	D	-0.49%
PCAR	B	-0.48%
RNR	C	-0.48%
IP	A	-0.47%
TGT	F	-0.47%
JBL	C	-0.45%
GWW	B	-0.42%
A	D	-0.42%
NVR	D	-0.42%
EXPD	C	-0.38%
PEG	A	-0.38%
SRE	A	-0.37%
LUV	C	-0.37%
POOL	C	-0.37%
ALSN	B	-0.37%
INGR	C	-0.36%
DOX	D	-0.36%
FOXA	A	-0.36%
RPRX	D	-0.36%
AMCR	C	-0.35%
EXC	C	-0.35%
SOLV	D	-0.34%
NUE	C	-0.34%
J	D	-0.34%
ITW	B	-0.34%
DG	F	-0.33%
MAS	D	-0.33%
BRO	B	-0.33%
PAYX	B	-0.33%
BJ	A	-0.33%
EME	A	-0.32%
MSCI	C	-0.32%
EVRG	A	-0.32%
DHI	F	-0.32%
CACI	D	-0.32%
CTRA	B	-0.31%
MAA	B	-0.31%
SCI	B	-0.3%
HRB	D	-0.3%
SEIC	B	-0.3%
CBRE	B	-0.3%
CUBE	C	-0.3%
CLX	A	-0.3%
HLI	A	-0.3%
CHE	D	-0.3%
WST	C	-0.29%
GGG	B	-0.29%
ANSS	B	-0.29%
BWA	D	-0.29%
VTRS	A	-0.29%
JAZZ	B	-0.28%
NI	A	-0.28%
PHM	D	-0.28%
RHI	C	-0.28%
LECO	C	-0.28%
CSX	C	-0.27%
VICI	C	-0.27%
FDX	B	-0.27%
MUSA	B	-0.27%
GNTX	C	-0.26%
DCI	B	-0.26%
JBHT	C	-0.26%
G	B	-0.26%
OGE	A	-0.26%
RLI	A	-0.26%
EHC	B	-0.26%
GL	C	-0.26%
AVB	B	-0.26%
CNP	A	-0.25%
PPL	A	-0.25%
DBX	B	-0.25%
AOS	F	-0.25%
ROK	C	-0.25%
IPG	D	-0.25%
TAP	C	-0.25%
EQR	C	-0.24%
WSO	A	-0.24%
LSTR	D	-0.24%
PNW	A	-0.24%
RPM	A	-0.24%
RL	C	-0.24%
HII	F	-0.24%
EIX	B	-0.24%
SBAC	D	-0.24%
VST	A	-0.24%
CPAY	A	-0.24%
SYY	D	-0.23%
STLD	B	-0.23%
ALLE	C	-0.23%
ATR	B	-0.23%
IEX	C	-0.23%
ZBH	C	-0.23%
SJM	D	-0.23%
SAIC	F	-0.23%
PRI	B	-0.22%
ELS	C	-0.22%
AMG	B	-0.22%
CPT	B	-0.22%
OC	A	-0.21%
EMN	C	-0.21%
DTM	A	-0.21%
PPG	F	-0.21%
SKX	D	-0.21%
JKHY	D	-0.21%
NFG	A	-0.2%
AME	A	-0.2%
DVA	C	-0.2%
CAG	F	-0.2%
WY	F	-0.2%
WPC	C	-0.2%
TXT	D	-0.19%
FE	C	-0.19%
EXEL	B	-0.19%
FOX	A	-0.19%
MAT	D	-0.19%
ACI	C	-0.19%
NYT	D	-0.19%
CSL	C	-0.19%
CF	A	-0.19%
ACM	B	-0.19%
STE	D	-0.19%
DLTR	F	-0.19%
ORI	A	-0.18%
CNM	D	-0.18%
SIRI	C	-0.18%
MNST	C	-0.18%
NDAQ	A	-0.18%
UHS	D	-0.18%
FTV	C	-0.18%
MTG	C	-0.18%
ODFL	C	-0.18%
MKTX	D	-0.18%
VVV	D	-0.18%
DOV	A	-0.18%
UDR	B	-0.18%
MKC	C	-0.18%
LII	A	-0.17%
AYI	B	-0.17%
VFC	C	-0.17%
BWXT	B	-0.17%
KNSL	B	-0.17%
EXP	B	-0.17%
BG	D	-0.17%
LPLA	A	-0.17%
ITT	A	-0.17%
OSK	C	-0.17%
AVY	F	-0.17%
SSNC	B	-0.17%
MTN	C	-0.17%
FR	D	-0.17%
LAMR	C	-0.17%
LOPE	C	-0.17%
CRUS	D	-0.16%
AWK	C	-0.16%
SSD	F	-0.16%
MTD	F	-0.16%
RGLD	C	-0.16%
JHG	B	-0.16%
GPK	C	-0.16%
HST	C	-0.16%
PSN	D	-0.15%
CCK	D	-0.15%
SYF	B	-0.15%
QGEN	D	-0.15%
FCN	F	-0.15%
BAX	F	-0.15%
WHR	B	-0.15%
DLB	B	-0.15%
LEA	F	-0.14%
CIEN	C	-0.14%
SON	F	-0.14%
IDA	A	-0.14%
AGCO	D	-0.14%
PNR	A	-0.14%
EVR	B	-0.14%
MSM	C	-0.14%
VMC	B	-0.14%
CW	C	-0.14%
POST	C	-0.13%
NRG	B	-0.13%
BERY	C	-0.13%
WU	F	-0.13%
ES	C	-0.13%
CE	F	-0.13%
BALL	F	-0.13%
TTC	C	-0.13%
VMI	B	-0.13%
WTRG	B	-0.13%
NEU	D	-0.13%
ESS	B	-0.13%
LKQ	F	-0.13%
AAON	B	-0.12%
SNX	D	-0.12%
AMH	C	-0.12%
FIX	A	-0.12%
EGP	D	-0.12%
FLO	D	-0.12%
TXRH	B	-0.12%
COKE	C	-0.12%
NWSA	A	-0.12%
PII	F	-0.12%
HUBB	B	-0.12%
CR	A	-0.12%
FYBR	C	-0.11%
MSGS	A	-0.11%
TFX	F	-0.11%
AWI	A	-0.11%
NNN	C	-0.11%
CHRW	B	-0.11%
LBRDK	C	-0.11%
IBKR	A	-0.11%
TECH	F	-0.1%
MAN	F	-0.1%
AXS	A	-0.1%
PINC	B	-0.1%
RYN	D	-0.1%
SLGN	A	-0.1%
COLM	C	-0.1%
VNT	C	-0.1%
AGO	B	-0.09%
GXO	B	-0.09%
QRVO	F	-0.09%
PRGO	C	-0.09%
UGI	C	-0.09%
ALK	B	-0.08%
NWL	C	-0.08%
UHAL	D	-0.08%
BRKR	D	-0.08%
STAG	D	-0.08%
NDSN	B	-0.08%
ARW	D	-0.08%
AXTA	B	-0.08%
FBIN	D	-0.08%
R	B	-0.08%
BRBR	A	-0.08%
IPGP	D	-0.07%
ASH	F	-0.07%
TTEK	F	-0.07%
HSIC	C	-0.07%
MDU	D	-0.07%
KEX	B	-0.07%
NXST	C	-0.07%
CRI	F	-0.07%
CBSH	B	-0.07%
CRL	D	-0.07%
CHH	A	-0.07%
VOYA	B	-0.07%
OGN	F	-0.07%
DNB	B	-0.06%
CXT	C	-0.06%
ESI	B	-0.06%
ESAB	C	-0.06%
XRAY	F	-0.06%
AAP	D	-0.06%
BC	C	-0.06%
PB	B	-0.06%
CNH	C	-0.06%
MORN	B	-0.06%
NSA	C	-0.06%
LFUS	D	-0.06%
SN	D	-0.06%
SITE	F	-0.06%
FLS	B	-0.06%
BEN	C	-0.06%
GO	C	-0.06%
ADC	A	-0.06%
VSTS	C	-0.06%
WH	B	-0.05%
TKR	D	-0.05%
FTRE	D	-0.05%
OZK	B	-0.05%
MSA	F	-0.05%
DINO	D	-0.05%
SNDR	B	-0.05%
REYN	D	-0.05%
WBA	F	-0.05%
KRC	B	-0.05%
CWEN	C	-0.04%
CGNX	D	-0.04%
SAM	C	-0.04%
AGR	A	-0.04%
WSC	F	-0.04%
FIVE	F	-0.04%
AMED	F	-0.04%
IRDM	D	-0.04%
BFAM	D	-0.04%
NWS	A	-0.04%
THG	A	-0.04%
FAF	A	-0.04%
AES	F	-0.04%
MIDD	C	-0.04%
FMC	D	-0.04%
LEG	F	-0.04%
HIW	C	-0.04%
WWD	C	-0.04%
EEFT	B	-0.04%
HUN	F	-0.04%
PAG	B	-0.03%
WLK	D	-0.03%
VIRT	A	-0.03%
HOG	D	-0.03%
GTES	A	-0.03%
OLLI	D	-0.03%
NVST	B	-0.03%
CWEN	C	-0.02%
LBRDA	C	-0.02%
ST	F	-0.02%
CNA	C	-0.02%
SEE	C	-0.02%
FHB	B	-0.02%
PPC	C	-0.02%
CACC	D	-0.02%
TNL	A	-0.02%
SEB	F	-0.02%
UAA	C	-0.01%
UHAL	D	-0.01%
UA	C	-0.01%