VFMV vs. USMF ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to WisdomTree U.S. Multifactor Fund (USMF)

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

$113.65

Average Daily Volume

2,831

Number of Holdings ^*

157

* may have additional holdings in another (foreign) market

USMF

WisdomTree U.S. Multifactor Fund

USMF Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Multifactor Index. Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is generally comprised of 200 U.S. companies with the highest composite scores based on two fundamental factors (value and quality measures) and two technical factors (momentum and correlation). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.44

Average Daily Volume

26,252

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	USMF
30 Days	2.88%	0.67%
60 Days	4.19%	1.67%
90 Days	1.92%	-1.40%
12 Months	16.64%	19.92%

46 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in USMF	Overlap
ABBV	B	1.61%	0.45%	0.45%
AKAM	F	0.05%	1.13%	0.05%
ATR	D	0.05%	0.43%	0.05%
BMY	F	0.89%	0.38%	0.38%
BRK.A	C	0.29%	0.39%	0.29%
CAH	D	0.83%	0.41%	0.41%
CBOE	D	1.36%	0.39%	0.39%
CHE	D	0.96%	0.36%	0.36%
CL	B	0.95%	0.41%	0.41%
CRUS	A	0.66%	0.82%	0.66%
CSCO	C	1.18%	1.36%	1.18%
EA	B	1.37%	1.06%	1.06%
EXEL	B	0.24%	0.33%	0.24%
GILD	C	0.93%	0.43%	0.43%
GIS	D	1.06%	0.34%	0.34%
IBM	B	1.54%	1.4%	1.4%
INCY	B	0.08%	0.38%	0.08%
JNJ	F	1.44%	0.49%	0.49%
KEX	B	1.64%	0.33%	0.33%
KMB	B	0.24%	0.41%	0.24%
LDOS	B	0.32%	0.43%	0.32%
LLY	A	1.52%	0.27%	0.27%
LMT	A	1.31%	0.43%	0.43%
MCK	B	1.55%	0.45%	0.45%
MO	B	0.4%	0.36%	0.36%
MRK	C	1.45%	0.44%	0.44%
MSI	A	0.03%	1.47%	0.03%
MUSA	B	1.25%	0.78%	0.78%
NBIX	C	0.04%	0.36%	0.04%
NSIT	B	0.76%	1.17%	0.76%
NTAP	A	1.54%	0.9%	0.9%
PG	C	1.31%	0.38%	0.38%
PGR	D	0.64%	0.3%	0.3%
PSN	B	0.47%	0.34%	0.34%
REGN	B	0.62%	0.43%	0.43%
RLI	D	0.37%	0.33%	0.33%
ROP	A	1.5%	1.47%	1.47%
RSG	A	1.57%	0.41%	0.41%
TJX	A	1.51%	0.82%	0.82%
TMUS	B	1.45%	1.13%	1.13%
TRV	D	0.47%	0.38%	0.38%
VRTX	B	0.04%	0.33%	0.04%
VZ	B	1.32%	0.83%	0.83%
WM	A	1.28%	0.44%	0.44%
WMT	A	1.27%	0.37%	0.37%
XOM	C	1.04%	0.41%	0.41%

VFMV Overweight 111 Positions Relative to USMF

Symbol	Grade	Weight
CVLT	A	1.61%
TXN	B	1.59%
FCN	C	1.59%
ORLY	B	1.55%
IDT	C	1.51%
CME	D	1.45%
LRN	B	1.41%
MCS	D	1.38%
NOC	D	1.36%
CHD	C	1.35%
MCD	D	1.33%
DOX	D	1.16%
IDCC	B	1.12%
AVGO	C	1.1%
SAFT	D	1.09%
VECO	B	1.09%
AAPL	B	1.06%
WTM	B	1.04%
UNH	C	1.02%
OSIS	C	0.99%
DLB	D	0.99%
EQC	B	0.98%
MGEE	D	0.98%
HSTM	B	0.91%
ADI	B	0.89%
GPOR	D	0.88%
BLKB	C	0.84%
LAUR	C	0.84%
CVX	C	0.76%
INST	C	0.74%
GOOGL	B	0.72%
MSFT	B	0.71%
GOOG	B	0.7%
NABL	A	0.65%
THFF	C	0.65%
YELP	F	0.65%
AMGN	B	0.61%
WMB	A	0.59%
NEU	F	0.59%
CASS	F	0.58%
AMSF	D	0.58%
DUK	D	0.55%
PBH	C	0.54%
ED	D	0.5%
FLO	D	0.49%
HSY	F	0.47%
MATX	A	0.45%
AZO	B	0.44%
LOPE	C	0.41%
AJG	B	0.4%
MDLZ	D	0.4%
WEC	D	0.39%
K	D	0.38%
JBSS	D	0.37%
NVEC	D	0.37%
OLLI	B	0.34%
META	B	0.32%
WSBF	B	0.31%
OSG	A	0.3%
CLBK	D	0.28%
HRL	F	0.28%
SPOK	D	0.27%
ROL	B	0.26%
ACN	D	0.25%
NWE	C	0.22%
EBF	B	0.22%
MLR	C	0.21%
KMI	A	0.21%
IMMR	C	0.21%
JJSF	B	0.2%
UVV	D	0.19%
ESGR	B	0.18%
DECK	B	0.18%
SHEN	D	0.17%
DGICA	D	0.17%
ODC	F	0.16%
SPNS	B	0.16%
PSX	D	0.16%
HMN	D	0.12%
SR	C	0.11%
HURN	C	0.11%
AMAT	B	0.11%
GHC	D	0.1%
KO	A	0.1%
QNST	C	0.09%
DJCO	B	0.09%
LRCX	B	0.08%
V	D	0.08%
CNXN	C	0.08%
LANC	C	0.07%
GSBC	B	0.07%
GD	C	0.06%
CPK	C	0.06%
REYN	C	0.06%
PEP	D	0.06%
NWN	F	0.06%
NHC	A	0.06%
MSGS	C	0.05%
GLRE	B	0.05%
MU	C	0.04%
DTE	C	0.04%
EIG	C	0.04%
NTCT	D	0.04%
BLFY	C	0.04%
TRUE	C	0.04%
AGYS	A	0.03%
CARS	B	0.03%
CMS	D	0.03%
ATGE	A	0.03%
CHCO	B	0.02%
TBPH	F	0.02%

VFMV Underweight 151 Positions Relative to USMF

Symbol	Grade	Weight
VRSN	C	-1.5%
SNX	C	-1.37%
CTSH	C	-1.3%
FFIV	C	-1.3%
GDDY	B	-1.17%
VNT	D	-1.17%
TDY	D	-1.1%
FOXA	A	-0.98%
CMCSA	C	-0.95%
T	A	-0.95%
HPQ	B	-0.93%
JNPR	B	-0.93%
NYT	A	-0.91%
HPE	B	-0.87%
OMC	D	-0.87%
DBX	D	-0.85%
WDAY	D	-0.84%
QCOM	C	-0.82%
DRI	C	-0.78%
DIS	D	-0.76%
HST	D	-0.73%
WPC	D	-0.73%
IPG	F	-0.72%
DOCU	D	-0.71%
GNTX	D	-0.7%
RHP	D	-0.7%
CMG	C	-0.67%
HRB	A	-0.67%
TXRH	B	-0.67%
CIEN	C	-0.66%
JBL	F	-0.65%
FTNT	D	-0.63%
ARMK	A	-0.6%
EPAM	D	-0.59%
DPZ	B	-0.57%
APP	B	-0.57%
GM	B	-0.56%
APPF	B	-0.55%
FSLR	C	-0.54%
ULTA	F	-0.51%
RL	B	-0.47%
DTM	A	-0.47%
ECL	B	-0.44%
UTHR	A	-0.43%
HIG	B	-0.43%
BSX	A	-0.42%
CACI	B	-0.42%
DGX	D	-0.42%
EXPE	C	-0.42%
HOLX	C	-0.42%
L	D	-0.42%
EHC	B	-0.42%
RGA	B	-0.4%
ADTN	D	-0.39%
ACI	F	-0.39%
MMC	B	-0.39%
ANF	B	-0.39%
INGR	D	-0.39%
FANG	C	-0.39%
SYK	B	-0.38%
JPM	A	-0.38%
WSM	C	-0.38%
AFL	B	-0.38%
WRB	C	-0.38%
AMP	C	-0.38%
CW	B	-0.38%
DKS	B	-0.38%
ELV	A	-0.37%
ETR	C	-0.37%
HCA	C	-0.37%
CHRD	C	-0.37%
CNA	A	-0.37%
POST	C	-0.36%
ZBH	D	-0.36%
ORI	C	-0.36%
OGE	C	-0.36%
MSA	B	-0.36%
DCI	D	-0.36%
SYY	D	-0.36%
PRU	B	-0.35%
KR	D	-0.35%
UNM	C	-0.35%
AIG	D	-0.35%
UHS	B	-0.35%
PPC	A	-0.34%
MOH	F	-0.34%
AEP	C	-0.34%
AFG	D	-0.34%
RYAN	B	-0.34%
WAB	D	-0.34%
MKL	C	-0.34%
VOYA	D	-0.34%
MPC	D	-0.34%
PCAR	D	-0.34%
VLO	C	-0.33%
PRI	B	-0.33%
EME	C	-0.33%
AIZ	D	-0.33%
DVN	C	-0.33%
AXP	C	-0.33%
MET	D	-0.33%
KHC	D	-0.33%
GPS	C	-0.33%
CMI	D	-0.33%
CINF	C	-0.33%
FLS	C	-0.32%
HAL	D	-0.32%
VTRS	D	-0.32%
DE	D	-0.32%
SAIC	D	-0.32%
HII	D	-0.32%
EIX	D	-0.32%
CAG	D	-0.32%
WFC	C	-0.32%
GPK	D	-0.32%
WWD	C	-0.32%
PCG	D	-0.32%
LPLA	B	-0.31%
ALL	D	-0.31%
TXT	D	-0.31%
IBKR	B	-0.31%
CNC	F	-0.31%
DINO	D	-0.3%
TAP	F	-0.3%
XEL	D	-0.3%
EQH	B	-0.29%
CI	D	-0.29%
ALSN	C	-0.28%
NRG	C	-0.28%
APO	A	-0.28%
AYI	D	-0.28%
CMC	C	-0.28%
WRK	D	-0.28%
CNM	D	-0.28%
OVV	C	-0.28%
APA	D	-0.27%
SYF	A	-0.27%
OC	C	-0.27%
STLD	C	-0.27%
CCK	F	-0.27%
FCNCA	C	-0.26%
THC	B	-0.25%
DVA	C	-0.25%
CRBG	C	-0.25%
DAL	D	-0.25%
MLI	C	-0.24%
SFM	A	-0.23%
MTB	B	-0.23%
HQY	A	-0.23%
TGT	D	-0.2%
GL	C	-0.15%