VLUE vs. RPAR ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to RPAR Risk Parity ETF (RPAR)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

RPAR

RPAR Risk Parity ETF

RPAR Description

The investment seeks generate positive returns during periods of economic growth, preserve capital during periods of economic contraction, and preserve real rates of return during periods of heightened inflation. The fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective primarily by investing across a variety of asset classes, including exposure to global equity securities, U.S. Treasury securities, and commodities. It's investment adviser seeks to invest the fund's assets to achieve exposures similar to those of the Advanced Research Risk Parity Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.53

Average Daily Volume

82,891

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	RPAR
30 Days	4.45%	-1.39%
60 Days	5.68%	-4.66%
90 Days	7.63%	-3.28%
12 Months	25.66%	9.48%

7 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in RPAR	Overlap
CF	B	0.16%	0.16%	0.16%
CNH	C	0.17%	0.15%	0.15%
CTRA	B	0.35%	0.05%	0.05%
EQT	B	0.28%	0.07%	0.07%
FANG	D	0.6%	0.08%	0.08%
FSLR	F	0.38%	0.24%	0.24%
MOS	F	0.17%	0.08%	0.08%

VLUE Overweight 141 Positions Relative to RPAR

Symbol	Grade	Weight
CSCO	B	6.43%
T	A	6.04%
IBM	C	3.86%
INTC	D	3.65%
GM	B	3.6%
VZ	C	2.91%
AMAT	F	2.37%
BAC	A	2.25%
PFE	D	2.07%
WFC	A	1.92%
C	A	1.78%
RTX	C	1.77%
F	C	1.68%
BMY	B	1.55%
LEN	D	1.49%
CVS	D	1.46%
MO	A	1.45%
GS	A	1.43%
DHI	D	1.4%
HPE	B	1.4%
CI	F	1.37%
GILD	C	1.29%
SPG	B	1.26%
HPQ	B	1.19%
FDX	B	1.18%
NXPI	D	1.12%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
ELV	F	0.97%
PHM	D	0.94%
DELL	C	0.84%
VLO	C	0.78%
URI	B	0.77%
PCAR	B	0.76%
KR	B	0.75%
KHC	F	0.74%
WBD	C	0.7%
ON	D	0.67%
COF	B	0.66%
ADM	D	0.65%
PCG	A	0.63%
JCI	C	0.61%
CMI	A	0.6%
CNC	D	0.57%
WY	D	0.55%
TFC	A	0.54%
LHX	C	0.53%
NTAP	C	0.52%
AIG	B	0.5%
EXPE	B	0.48%
USB	A	0.48%
D	C	0.47%
ZM	B	0.47%
BK	A	0.47%
MET	A	0.46%
SWKS	F	0.46%
VST	B	0.45%
VTRS	A	0.45%
PRU	A	0.45%
NUE	C	0.45%
MRO	B	0.44%
TSN	B	0.44%
GEN	B	0.42%
BBY	D	0.38%
TAP	C	0.38%
FFIV	B	0.37%
BLDR	D	0.36%
OC	A	0.36%
TWLO	A	0.34%
FOXA	B	0.33%
OVV	B	0.33%
JNPR	F	0.33%
WAB	B	0.32%
PPL	B	0.32%
JBL	B	0.31%
MTB	A	0.31%
PARA	C	0.27%
EVRG	A	0.27%
STLD	B	0.27%
CFG	B	0.26%
STT	A	0.26%
SSNC	B	0.25%
DAL	C	0.25%
LKQ	D	0.24%
SYF	B	0.24%
LH	C	0.24%
TXT	D	0.24%
UTHR	C	0.23%
ATO	A	0.23%
AZPN	A	0.23%
SNA	A	0.23%
DOW	F	0.23%
CAG	D	0.23%
HST	C	0.23%
WBA	F	0.22%
SJM	D	0.22%
LYB	F	0.22%
ES	D	0.22%
HIG	B	0.22%
FITB	A	0.21%
GPN	B	0.21%
BG	F	0.2%
EXE	B	0.2%
RF	A	0.2%
LDOS	C	0.19%
IP	B	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	B	0.19%
FOX	A	0.18%
UHS	D	0.18%
QRVO	F	0.18%
EG	C	0.17%
HBAN	A	0.17%
DINO	D	0.16%
APA	D	0.15%
AKAM	D	0.14%
SOLV	C	0.14%
L	A	0.13%
APTV	D	0.13%
CPT	B	0.13%
SW	A	0.13%
KEY	B	0.13%
FCNCA	A	0.12%
EQH	B	0.12%
ACI	C	0.12%
LUV	C	0.12%
UHAL	D	0.11%
FBIN	D	0.11%
NLY	C	0.11%
ALLY	C	0.1%
SWK	D	0.1%
EMN	D	0.1%
FNF	B	0.09%
HII	D	0.09%
DVA	B	0.08%
BEN	C	0.06%
WLK	D	0.05%
BIO	D	0.05%

VLUE Underweight 29 Positions Relative to RPAR

Symbol	Grade	Weight
GLDM	C	-10.89%
XOM	B	-1.38%
DE	A	-1.25%
BHP	F	-0.99%
RIO	D	-0.8%
CVX	A	-0.77%
SCCO	F	-0.62%
FCX	D	-0.47%
CTVA	C	-0.44%
TTE	F	-0.38%
VALE	F	-0.34%
COP	C	-0.32%
ECL	D	-0.26%
EOG	A	-0.2%
BP	D	-0.2%
EQNR	D	-0.18%
XYL	D	-0.12%
E	F	-0.12%
HES	B	-0.11%
OXY	D	-0.11%
AWK	D	-0.1%
ENPH	F	-0.1%
SQM	F	-0.1%
TTC	D	-0.09%
FMC	D	-0.08%
AGCO	D	-0.08%
IEX	B	-0.07%
DVN	F	-0.06%
EC	D	-0.04%