VFMV vs. LOWV ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to AB US Low Volatility Equity ETF (LOWV)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$126.54

Average Daily Volume

6,907

Number of Holdings ^*

165

* may have additional holdings in another (foreign) market

LOWV

AB US Low Volatility Equity ETF

LOWV Description

The fund is an actively-managed exchange-traded fund ("ETF"). The adviser seeks to achieve the fund"s investment objective by investing, under normal circumstances, at least 80% of its net assets in the equity securities of U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.64

Average Daily Volume

7,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	LOWV
30 Days	3.75%	1.62%
60 Days	4.37%	2.39%
90 Days	5.38%	4.17%
12 Months	27.52%	24.87%

34 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in LOWV	Overlap
AAPL	C	0.54%	3.95%	0.54%
ABBV	D	0.74%	2.05%	0.74%
ADI	D	1.5%	0.6%	0.6%
AEE	A	0.19%	0.77%	0.19%
AMAT	F	0.08%	0.6%	0.08%
AVGO	D	0.64%	3.28%	0.64%
AZO	C	0.34%	1.49%	0.34%
CBOE	B	1.04%	1.1%	1.04%
CI	F	0.11%	0.96%	0.11%
CL	D	1.05%	0.54%	0.54%
DLB	B	0.78%	0.64%	0.64%
DOX	D	1.5%	1.14%	1.14%
EA	A	1.16%	0.89%	0.89%
GILD	C	0.83%	1.26%	0.83%
GOOG	C	0.48%	4.91%	0.48%
JPM	A	0.05%	1.59%	0.05%
KO	D	1.4%	1.34%	1.34%
LLY	F	0.32%	0.89%	0.32%
LMT	D	1.47%	0.64%	0.64%
MCK	B	1.52%	1.74%	1.52%
META	D	0.47%	1.64%	0.47%
MRK	F	1.46%	1.73%	1.46%
MSFT	F	1.3%	8.14%	1.3%
NTAP	C	1.37%	0.74%	0.74%
ORLY	B	1.11%	0.48%	0.48%
PG	A	1.48%	1.11%	1.11%
PGR	A	1.48%	0.79%	0.79%
UNH	C	0.75%	2.09%	0.75%
V	A	0.35%	1.96%	0.35%
VRTX	F	0.03%	0.86%	0.03%
VZ	C	1.0%	0.22%	0.22%
WMT	A	1.08%	0.82%	0.82%
WTW	B	0.93%	0.79%	0.79%
XOM	B	1.23%	0.66%	0.66%

VFMV Overweight 131 Positions Relative to LOWV

Symbol	Grade	Weight
IBM	C	1.52%
EQC	B	1.49%
JNJ	D	1.49%
ABT	B	1.49%
TXN	C	1.48%
COR	B	1.48%
ED	D	1.44%
CHD	B	1.44%
TMUS	B	1.43%
DUK	C	1.42%
T	A	1.41%
SO	D	1.38%
CVLT	B	1.38%
ROP	B	1.33%
TJX	A	1.27%
CSCO	B	1.25%
RSG	A	1.2%
NOC	D	1.17%
GD	F	1.14%
CME	A	1.14%
MUSA	A	1.13%
REGN	F	1.12%
IDT	B	1.1%
RTX	C	1.06%
IDCC	A	1.06%
WM	A	1.06%
KEX	C	1.05%
GIS	D	1.0%
FCN	D	0.98%
LRN	A	0.97%
HPQ	B	0.96%
CVX	A	0.9%
MGEE	C	0.89%
HSTM	B	0.84%
MCD	D	0.79%
VECO	F	0.78%
FE	C	0.77%
BSX	B	0.75%
TYL	B	0.74%
TKO	B	0.73%
CHE	D	0.69%
SPOT	B	0.68%
SAFT	C	0.67%
BLKB	B	0.66%
CTRE	D	0.65%
CRUS	D	0.64%
GOOGL	C	0.64%
CAH	B	0.64%
NSIT	F	0.56%
WTM	A	0.54%
YELP	C	0.52%
NABL	F	0.51%
GDDY	A	0.46%
WEC	A	0.45%
MATX	C	0.45%
PBH	A	0.42%
NEU	C	0.4%
FLO	D	0.38%
TRV	B	0.38%
INSW	F	0.37%
WMB	A	0.37%
HOLX	D	0.36%
HSY	F	0.36%
DTM	B	0.35%
AJG	B	0.35%
PPC	C	0.34%
LAUR	A	0.34%
NVEC	C	0.33%
THFF	B	0.33%
PFE	D	0.32%
BRK.A	B	0.31%
VERX	B	0.3%
FANG	D	0.3%
RLI	B	0.3%
MDLZ	F	0.28%
QRVO	F	0.28%
OLLI	D	0.26%
ATR	B	0.25%
QCOM	F	0.25%
LIN	D	0.24%
JBSS	D	0.24%
MO	A	0.24%
ROL	B	0.23%
MCS	B	0.22%
EXEL	B	0.21%
AMSF	B	0.21%
LOPE	B	0.2%
MTSI	B	0.2%
DECK	A	0.2%
IMMR	C	0.2%
KMI	A	0.2%
ACN	C	0.2%
EBF	F	0.2%
JJSF	B	0.19%
CASS	B	0.19%
QNST	B	0.18%
HQY	B	0.18%
SPOK	C	0.15%
FDP	B	0.15%
AMGN	D	0.14%
OLED	D	0.14%
HCKT	B	0.14%
SPNS	F	0.14%
TW	A	0.13%
PI	D	0.12%
PSX	C	0.1%
DGICA	A	0.1%
TNK	F	0.09%
DJCO	B	0.09%
KLAC	D	0.07%
CNXN	C	0.07%
CB	C	0.07%
UNM	A	0.06%
CTSH	B	0.06%
OSIS	B	0.06%
AKAM	D	0.04%
CNA	B	0.04%
PEBK	B	0.04%
LANC	C	0.04%
CLBK	B	0.04%
GLRE	B	0.04%
PEP	F	0.04%
CMS	C	0.03%
NBIX	C	0.03%
MSI	B	0.03%
BCAL	B	0.03%
EIG	B	0.03%
DTE	C	0.03%
MRAM	D	0.02%
FFNW	C	0.02%
MU	D	0.02%

VFMV Underweight 40 Positions Relative to LOWV

Symbol	Grade	Weight
FI	A	-2.47%
ORCL	B	-2.33%
NVDA	C	-2.24%
PM	B	-1.91%
AMZN	C	-1.91%
ADP	B	-1.73%
INTU	C	-1.7%
ADBE	C	-1.41%
MMC	B	-1.34%
AEP	D	-1.33%
CMCSA	B	-1.26%
BAC	A	-1.23%
MA	C	-1.18%
NOW	A	-1.17%
LHX	C	-1.14%
LULU	C	-1.08%
G	B	-1.06%
EG	C	-1.05%
SHW	A	-1.02%
ACM	A	-0.96%
BKNG	A	-0.96%
NYT	C	-0.9%
YUM	B	-0.89%
MDT	D	-0.85%
RELX	C	-0.83%
GEN	B	-0.81%
PSA	D	-0.73%
ETN	A	-0.66%
MSCI	C	-0.63%
MTB	A	-0.61%
RGA	A	-0.6%
LDOS	C	-0.55%
AFG	A	-0.5%
TSM	B	-0.48%
PAYX	C	-0.46%
SPGI	C	-0.41%
FR	C	-0.39%
CRM	B	-0.33%
NICE	C	-0.29%
TMO	F	-0.29%

VFMV: Top Represented Industries & Keywords

Industries: Insurance - Property & Casualty Semiconductors Drug Manufacturers - Major Internet Content & Information Utilities - Regulated Electric Packaged Foods Software - Application Telecom Services Information Technology Services Aerospace & Defense Banks - Regional - US Biotechnology Business Services Medical Distribution Semiconductor Equipment & Materials Shipping & Ports Education & Training Services Household & Personal Products Media - Diversified Oil & Gas Midstream