VAW vs. SPVM ETF Comparison

Comparison of Vanguard Materials ETF - DNQ (VAW) to Invesco S&P 500 Value with Momentum ETF (SPVM)

VAW

Vanguard Materials ETF - DNQ

VAW Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Materials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the materials sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$209.38

Average Daily Volume

29,620

Number of Holdings ^*

116

* may have additional holdings in another (foreign) market

SPVM

Invesco S&P 500 Value with Momentum ETF

SPVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 100 stocks in the S&P 500® that have the highest value and momentum scores.

Grade (RS Rating)

Last Trade

$62.05

Average Daily Volume

1,222

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VAW	SPVM
30 Days	-0.97%	5.19%
60 Days	1.66%	6.41%
90 Days	3.21%	7.95%
12 Months	19.64%	28.88%

9 Overlapping Holdings

Symbol	Grade	Weight in VAW	Weight in SPVM	Overlap
BALL	F	1.29%	0.91%	0.91%
CE	F	0.96%	0.51%	0.51%
DOW	F	2.44%	0.53%	0.53%
EMN	C	0.87%	0.82%	0.82%
IP	A	1.29%	0.84%	0.84%
LYB	F	1.59%	0.76%	0.76%
NUE	C	2.39%	0.96%	0.96%
STLD	B	1.37%	1.16%	1.16%
SW	A	1.88%	0.93%	0.93%

VAW Overweight 107 Positions Relative to SPVM

Symbol	Grade	Weight
LIN	C	15.38%
SHW	B	6.06%
APD	A	4.84%
FCX	F	4.54%
ECL	D	4.43%
NEM	D	3.68%
CTVA	C	2.98%
MLM	C	2.56%
VMC	B	2.54%
DD	C	2.43%
PPG	F	2.05%
IFF	D	1.78%
PKG	A	1.44%
AVY	F	1.17%
RPM	A	1.15%
RS	B	1.15%
AMCR	C	1.13%
CF	A	1.05%
CCK	D	0.79%
ATR	B	0.78%
ALB	B	0.68%
EXP	B	0.68%
AA	A	0.66%
GPK	C	0.61%
X	B	0.61%
MOS	F	0.6%
AXTA	B	0.59%
FMC	D	0.57%
BERY	C	0.56%
RGLD	C	0.5%
CRS	B	0.49%
ATI	C	0.46%
LPX	B	0.45%
ESI	B	0.44%
CLF	F	0.43%
CMC	B	0.43%
CBT	D	0.42%
SUM	B	0.41%
BCPC	B	0.38%
KNF	B	0.37%
SEE	C	0.37%
WLK	D	0.36%
SON	F	0.36%
OLN	F	0.34%
SLGN	A	0.31%
AVNT	B	0.3%
FUL	F	0.28%
ASH	F	0.28%
NEU	D	0.27%
HL	D	0.27%
SMG	C	0.26%
HUN	F	0.25%
HCC	B	0.23%
SLVM	B	0.21%
IOSP	C	0.19%
CC	C	0.19%
SXT	C	0.19%
ARCH	B	0.18%
CDE	C	0.18%
MTX	B	0.17%
MP	C	0.16%
AMR	C	0.16%
MTRN	C	0.15%
HWKN	B	0.15%
KWR	C	0.15%
PRM	C	0.13%
OI	C	0.12%
PCT	C	0.11%
GEF	A	0.11%
SCL	C	0.11%
NGVT	B	0.1%
TROX	D	0.1%
WS	C	0.09%
USLM	A	0.09%
ASPN	F	0.08%
KALU	C	0.08%
CENX	B	0.07%
TRS	B	0.07%
MATV	D	0.06%
SXC	A	0.06%
OEC	C	0.06%
RYI	C	0.05%
KOP	C	0.05%
IE	C	0.05%
ECVT	C	0.05%
GATO	C	0.05%
ASIX	B	0.05%
HAYN	A	0.05%
PTVE	B	0.04%
MTUS	C	0.04%
ZEUS	C	0.03%
MYE	F	0.03%
LXU	B	0.03%
CLW	F	0.03%
RDUS	B	0.03%
CMP	C	0.03%
PLL	C	0.02%
IPI	C	0.02%
MERC	F	0.02%
KRO	C	0.02%
PACK	B	0.02%
METC	C	0.02%
AVD	C	0.01%
TSE	F	0.01%
ORGN	D	0.01%
FEAM	F	0.0%
DNMR	F	0.0%

VAW Underweight 90 Positions Relative to SPVM

Symbol	Grade	Weight
GM	C	-2.4%
SYF	B	-1.84%
MTB	A	-1.74%
DAL	B	-1.71%
COF	C	-1.6%
CINF	A	-1.57%
VLO	C	-1.55%
BG	D	-1.49%
KR	B	-1.44%
L	A	-1.4%
STT	B	-1.38%
HBAN	A	-1.37%
PSX	C	-1.35%
AIZ	A	-1.35%
HPE	B	-1.33%
MPC	D	-1.31%
KEY	B	-1.25%
JBL	C	-1.23%
BK	A	-1.19%
WFC	A	-1.19%
USB	A	-1.18%
PNC	B	-1.18%
AIG	B	-1.16%
FITB	B	-1.15%
C	A	-1.15%
FDX	B	-1.12%
BBY	D	-1.12%
DHI	F	-1.11%
LEN	D	-1.09%
PRU	A	-1.08%
NRG	B	-1.08%
HIG	B	-1.07%
BAC	A	-1.07%
AFL	B	-1.06%
PHM	D	-1.06%
VTRS	A	-1.05%
EMR	B	-1.04%
KMI	A	-1.03%
TRV	B	-1.02%
BRK.A	B	-1.01%
COR	B	-1.01%
MET	A	-1.01%
ACGL	C	-1.0%
CAH	B	-0.98%
CBRE	B	-0.98%
BKR	A	-0.97%
GS	A	-0.97%
UHS	D	-0.96%
MCK	A	-0.96%
JPM	A	-0.96%
MOH	F	-0.94%
MRO	B	-0.93%
CI	D	-0.93%
CB	C	-0.92%
RJF	A	-0.92%
EOG	A	-0.9%
ATO	A	-0.89%
CCL	A	-0.87%
VZ	C	-0.86%
NCLH	B	-0.86%
BLDR	D	-0.86%
ALL	A	-0.85%
XOM	B	-0.84%
SNA	A	-0.83%
OMC	C	-0.83%
PCAR	B	-0.83%
CTSH	B	-0.83%
WRB	A	-0.79%
CMI	A	-0.77%
EBAY	D	-0.77%
EQT	B	-0.75%
OKE	A	-0.74%
FANG	C	-0.72%
WMT	A	-0.72%
DGX	A	-0.71%
HII	F	-0.71%
TXT	D	-0.7%
LH	B	-0.7%
BXP	C	-0.69%
COP	C	-0.67%
DUK	C	-0.66%
HST	C	-0.65%
HAL	C	-0.64%
SWK	D	-0.64%
CTRA	B	-0.64%
J	D	-0.64%
PEG	A	-0.61%
ELV	F	-0.6%
DVA	C	-0.6%
SWKS	F	-0.48%