USMV vs. SMIZ ETF Comparison

Comparison of iShares MSCI USA Minimum Volatility ETF (USMV) to Zacks Small/Mid Cap ETF (SMIZ)

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

$94.80

Average Daily Volume

1,669,986

Number of Holdings ^*

170

* may have additional holdings in another (foreign) market

SMIZ

Zacks Small/Mid Cap ETF

SMIZ Description

The fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities.

Grade (RS Rating)

Last Trade

$36.44

Average Daily Volume

16,092

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

Performance

Period	USMV	SMIZ
30 Days	3.92%	9.72%
60 Days	3.84%	10.19%
90 Days	5.09%	13.93%
12 Months	27.11%	39.21%

16 Overlapping Holdings

Symbol	Grade	Weight in USMV	Weight in SMIZ	Overlap
ACGL	D	0.68%	0.31%	0.31%
AIZ	A	0.32%	0.22%	0.22%
ANET	C	0.29%	0.88%	0.29%
APH	B	1.44%	0.54%	0.54%
BAH	F	0.39%	0.38%	0.38%
BMRN	D	0.22%	0.16%	0.16%
CBOE	B	0.85%	0.35%	0.35%
GLW	B	0.31%	0.57%	0.31%
HIG	A	0.12%	0.57%	0.12%
HOLX	D	0.16%	0.37%	0.16%
MCK	B	1.35%	0.84%	0.84%
NTAP	B	0.22%	0.93%	0.22%
PKG	A	0.2%	0.46%	0.2%
TSN	B	0.71%	0.0%	0.0%
VRSK	A	0.42%	0.21%	0.21%
WMB	B	0.31%	0.83%	0.31%

USMV Overweight 154 Positions Relative to SMIZ

Symbol	Grade	Weight
TMUS	A	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	A	1.47%
CB	C	1.47%
WM	A	1.44%
NOC	D	1.43%
TXN	D	1.39%
VZ	B	1.35%
SO	C	1.35%
MSFT	C	1.34%
UNH	B	1.34%
ORCL	B	1.31%
ROP	B	1.3%
ACN	B	1.29%
AJG	A	1.27%
MCD	D	1.25%
LLY	D	1.25%
PG	A	1.23%
AVGO	D	1.19%
JNJ	D	1.18%
TRV	B	1.15%
ED	C	1.13%
MMC	A	1.11%
ABBV	D	1.04%
MRK	D	1.01%
PEP	F	1.01%
GDDY	A	1.0%
AAPL	A	0.99%
AZO	B	0.98%
GILD	B	0.94%
V	A	0.9%
EA	B	0.89%
FCNCA	B	0.88%
LMT	D	0.82%
K	A	0.8%
WEC	A	0.78%
CTSH	A	0.76%
NOW	A	0.75%
T	A	0.74%
MA	A	0.7%
VRTX	D	0.69%
FI	A	0.69%
ORLY	A	0.68%
COR	A	0.67%
NVDA	C	0.67%
GIS	D	0.66%
VRSN	C	0.64%
KR	A	0.61%
AMGN	F	0.59%
FICO	A	0.59%
REGN	F	0.59%
KDP	D	0.59%
TDY	B	0.57%
BDX	F	0.56%
KEYS	B	0.55%
FANG	F	0.55%
FFIV	A	0.55%
MPC	D	0.54%
INCY	B	0.53%
AON	A	0.53%
CME	A	0.53%
PTC	A	0.52%
ELV	F	0.52%
YUM	B	0.5%
BMY	B	0.49%
XEL	A	0.46%
NEM	F	0.46%
UBER	D	0.45%
JNPR	F	0.45%
TJX	A	0.45%
XOM	C	0.45%
MDLZ	F	0.44%
WDAY	C	0.43%
EG	C	0.43%
ERIE	D	0.42%
CL	D	0.41%
CHD	B	0.4%
HUM	C	0.4%
CMCSA	C	0.39%
AEP	C	0.39%
AKAM	D	0.39%
KHC	D	0.38%
WTW	A	0.38%
CTVA	A	0.38%
ROL	A	0.36%
IT	C	0.35%
AFG	A	0.35%
GEN	A	0.35%
CDW	F	0.35%
CVX	A	0.34%
MKL	A	0.34%
GRMN	B	0.33%
CPB	D	0.33%
NBIX	C	0.32%
WRB	A	0.31%
FWONK	A	0.31%
HSY	F	0.3%
HD	B	0.3%
ICE	D	0.28%
L	A	0.28%
HON	B	0.25%
AEE	A	0.24%
HUBS	B	0.24%
ADI	D	0.23%
D	C	0.23%
AZPN	A	0.23%
ALNY	D	0.22%
HRL	D	0.21%
CI	D	0.21%
KMB	C	0.21%
TW	A	0.2%
DTE	C	0.2%
PFE	D	0.2%
DPZ	B	0.19%
CRWD	B	0.19%
CMS	B	0.19%
CDNS	B	0.18%
MELI	C	0.18%
MOH	D	0.18%
SNPS	B	0.18%
EOG	C	0.17%
LIN	D	0.16%
STX	D	0.16%
GOOG	C	0.16%
UTHR	B	0.14%
AMZN	B	0.14%
MDT	D	0.13%
DELL	C	0.12%
OXY	F	0.12%
DGX	B	0.11%
KO	D	0.1%
LNT	A	0.1%
RTX	D	0.09%
ADP	A	0.09%
ABT	B	0.09%
OTIS	C	0.07%
TEL	C	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%
CRM	B	0.05%
GD	F	0.05%
ULTA	F	0.04%
CVS	D	0.04%

USMV Underweight 190 Positions Relative to SMIZ

Symbol	Grade	Weight
EME	B	-1.8%
BRBR	A	-1.22%
SLVM	B	-1.1%
PRA	C	-1.08%
MCY	A	-1.06%
NTRS	A	-1.06%
PODD	B	-1.04%
ADMA	B	-1.03%
CBSH	B	-0.97%
COFS	B	-0.96%
KW	B	-0.95%
MUSA	A	-0.95%
SNV	B	-0.95%
DDOG	B	-0.95%
CWT	D	-0.94%
FISI	B	-0.91%
LNG	A	-0.9%
RYAN	A	-0.88%
FLS	A	-0.88%
PRM	D	-0.88%
FULT	B	-0.88%
LRN	A	-0.86%
TROW	A	-0.81%
GWRE	A	-0.8%
ALX	D	-0.8%
TOL	B	-0.77%
SEIC	A	-0.77%
CBAN	B	-0.76%
ICUI	D	-0.75%
NRIM	B	-0.75%
IBKR	A	-0.73%
TMHC	B	-0.72%
RMBS	C	-0.71%
CEG	C	-0.71%
NI	A	-0.7%
AYI	C	-0.69%
HHH	A	-0.68%
SOFI	B	-0.67%
PK	B	-0.66%
RCL	A	-0.66%
FIX	A	-0.65%
CHCO	B	-0.64%
BMI	C	-0.63%
YEXT	B	-0.63%
TTWO	A	-0.62%
IR	A	-0.62%
HQY	B	-0.62%
CINF	A	-0.62%
MEDP	D	-0.62%
OHI	C	-0.61%
VMI	A	-0.61%
BSRR	C	-0.61%
WTS	B	-0.59%
IFF	D	-0.58%
EIX	A	-0.57%
COIN	C	-0.57%
HUBB	B	-0.57%
BMRC	C	-0.57%
TWLO	B	-0.56%
VECO	F	-0.56%
UAL	B	-0.56%
JHG	A	-0.55%
ANF	C	-0.55%
VAL	F	-0.55%
KREF	D	-0.54%
NCLH	B	-0.54%
PHM	D	-0.53%
ALRS	D	-0.53%
FLR	B	-0.51%
ALTR	B	-0.51%
MASI	B	-0.5%
MATX	C	-0.5%
WING	D	-0.5%
UNM	A	-0.5%
WEAV	B	-0.48%
ARVN	F	-0.48%
ZBRA	A	-0.48%
PRI	A	-0.48%
SPT	C	-0.47%
IRDM	D	-0.47%
MHO	C	-0.46%
RMD	C	-0.46%
PSTL	D	-0.45%
ITT	B	-0.44%
NWPX	B	-0.44%
CMTG	F	-0.43%
WAB	A	-0.43%
TAP	C	-0.42%
DX	B	-0.42%
JANX	D	-0.42%
SIRI	C	-0.42%
AOSL	C	-0.42%
CHRW	C	-0.42%
DUOL	B	-0.42%
LDOS	D	-0.41%
ICFI	F	-0.4%
GTLB	C	-0.4%
POWL	C	-0.4%
CSR	C	-0.39%
UIS	B	-0.39%
EXPD	D	-0.38%
BTU	C	-0.38%
CSL	B	-0.38%
CRS	A	-0.38%
TXT	D	-0.38%
KRYS	B	-0.37%
HY	D	-0.37%
HCAT	C	-0.36%
KBH	C	-0.36%
APPF	B	-0.36%
VCYT	A	-0.36%
DRI	B	-0.35%
KKR	A	-0.35%
ILMN	C	-0.35%
TRU	D	-0.34%
URBN	C	-0.34%
GRBK	D	-0.34%
THC	D	-0.34%
SPSC	C	-0.34%
FTNT	B	-0.33%
DOCU	B	-0.33%
UI	B	-0.33%
OKTA	C	-0.33%
GAP	C	-0.33%
ROST	C	-0.32%
QLYS	C	-0.32%
CCS	D	-0.31%
OMC	C	-0.31%
RDFN	D	-0.3%
RIOT	C	-0.3%
HSTM	B	-0.3%
HAE	B	-0.29%
COOP	B	-0.29%
RBB	C	-0.28%
LHX	C	-0.28%
UHS	D	-0.27%
AWK	D	-0.27%
FSLY	D	-0.26%
EVTC	C	-0.26%
ADUS	D	-0.26%
MTG	B	-0.26%
EPC	D	-0.26%
GNTY	B	-0.25%
HRB	D	-0.25%
PCVX	D	-0.24%
AZEK	B	-0.24%
GIII	D	-0.23%
MSGS	A	-0.23%
EVER	D	-0.23%
ALLO	F	-0.23%
INSP	D	-0.23%
HL	F	-0.22%
WASH	B	-0.22%
IRM	C	-0.22%
KMPR	B	-0.22%
NYT	D	-0.22%
PAHC	C	-0.22%
BRO	A	-0.21%
EXAS	D	-0.21%
ZM	B	-0.21%
SN	D	-0.19%
STNE	F	-0.18%
AXS	A	-0.18%
TMDX	F	-0.17%
MKC	D	-0.17%
PHR	D	-0.16%
OMCL	C	-0.16%
AFL	A	-0.15%
AEO	F	-0.13%
STKS	F	-0.12%
COUR	D	-0.12%
HRTX	F	-0.09%
RUN	F	-0.07%
SPCE	D	-0.04%
VST	B	-0.01%
ZUO	B	-0.01%
AXTA	B	-0.01%
NPAB	B	-0.01%
ENR	B	-0.01%
DFH	C	-0.0%
CWCO	C	-0.0%
CPF	B	-0.0%
POST	B	-0.0%
OPCH	D	-0.0%
PARR	D	-0.0%
WMS	D	-0.0%
MGM	F	-0.0%
CARG	B	-0.0%
AGNC	D	-0.0%
ALKS	B	-0.0%