VLUE vs. SPGP ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to Invesco S&P 500 GARP ETF (SPGP)

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

$112.86

Average Daily Volume

327,542

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

SPGP

Invesco S&P 500 GARP ETF

SPGP Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500 GARP 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 75 growth stocks in the S&P 500 that exhibit quality characteristics and have attractive valuation.

Grade (RS Rating)

Last Trade

$110.42

Average Daily Volume

232,606

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	SPGP
30 Days	3.29%	4.80%
60 Days	4.96%	6.68%
90 Days	6.43%	6.46%
12 Months	24.26%	20.45%

25 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in SPGP	Overlap
ADM	D	0.65%	0.7%	0.65%
AMAT	F	2.37%	0.75%	0.75%
APA	D	0.15%	1.11%	0.15%
BLDR	D	0.36%	1.52%	0.36%
CF	A	0.16%	1.48%	0.16%
COF	C	0.66%	1.36%	0.66%
CTRA	B	0.35%	1.35%	0.35%
DAL	B	0.25%	2.35%	0.25%
DHI	F	1.4%	1.26%	1.26%
EG	C	0.17%	0.99%	0.17%
FANG	C	0.6%	1.51%	0.6%
HPE	B	1.4%	0.83%	0.83%
JBL	C	0.31%	1.59%	0.31%
L	A	0.13%	1.13%	0.13%
LEN	D	1.49%	0.98%	0.98%
MOS	F	0.17%	0.98%	0.17%
MRO	B	0.44%	1.83%	0.44%
NUE	C	0.45%	1.56%	0.45%
NXPI	D	1.12%	1.32%	1.12%
ON	D	0.67%	1.09%	0.67%
PCAR	B	0.76%	1.33%	0.76%
PHM	D	0.94%	1.18%	0.94%
STLD	B	0.27%	2.05%	0.27%
SYF	B	0.24%	1.63%	0.24%
VLO	C	0.78%	1.97%	0.78%

VLUE Overweight 123 Positions Relative to SPGP

Symbol	Grade	Weight
CSCO	B	6.43%
T	A	6.04%
IBM	C	3.86%
INTC	C	3.65%
GM	C	3.6%
VZ	C	2.91%
BAC	A	2.25%
PFE	F	2.07%
WFC	A	1.92%
C	A	1.78%
RTX	D	1.77%
F	C	1.68%
BMY	B	1.55%
CVS	D	1.46%
MO	A	1.45%
GS	A	1.43%
CI	D	1.37%
GILD	C	1.29%
SPG	A	1.26%
HPQ	B	1.19%
FDX	B	1.18%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
ELV	F	0.97%
DELL	B	0.84%
URI	C	0.77%
KR	B	0.75%
KHC	F	0.74%
WBD	B	0.7%
PCG	A	0.63%
JCI	B	0.61%
CMI	A	0.6%
CNC	D	0.57%
WY	F	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	C	0.47%
BK	A	0.47%
MET	A	0.46%
SWKS	F	0.46%
VST	A	0.45%
VTRS	A	0.45%
PRU	A	0.45%
TSN	B	0.44%
GEN	B	0.42%
FSLR	F	0.38%
BBY	D	0.38%
TAP	C	0.38%
FFIV	B	0.37%
OC	A	0.36%
TWLO	A	0.34%
FOXA	A	0.33%
OVV	B	0.33%
JNPR	D	0.33%
WAB	B	0.32%
PPL	A	0.32%
MTB	A	0.31%
EQT	B	0.28%
PARA	C	0.27%
EVRG	A	0.27%
CFG	B	0.26%
STT	B	0.26%
SSNC	B	0.25%
LKQ	F	0.24%
LH	B	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	F	0.23%
HST	C	0.23%
WBA	F	0.22%
SJM	D	0.22%
LYB	F	0.22%
ES	C	0.22%
HIG	B	0.22%
FITB	B	0.21%
GPN	B	0.21%
BG	D	0.2%
EXE	A	0.2%
RF	A	0.2%
LDOS	C	0.19%
IP	A	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	C	0.19%
FOX	A	0.18%
UHS	D	0.18%
QRVO	F	0.18%
CNH	C	0.17%
HBAN	A	0.17%
DINO	D	0.16%
AKAM	D	0.14%
SOLV	D	0.14%
APTV	F	0.13%
CPT	B	0.13%
SW	A	0.13%
KEY	B	0.13%
FCNCA	A	0.12%
EQH	C	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	C	0.1%
FNF	B	0.09%
HII	F	0.09%
DVA	C	0.08%
BEN	C	0.06%
WLK	D	0.05%
BIO	C	0.05%

VLUE Underweight 49 Positions Relative to SPGP

Symbol	Grade	Weight
UAL	A	-3.16%
NVDA	B	-2.53%
EOG	A	-2.32%
ANET	C	-2.03%
TJX	A	-1.97%
COP	C	-1.94%
PAYC	B	-1.93%
MPC	D	-1.83%
DFS	B	-1.82%
ROST	D	-1.69%
OKE	A	-1.67%
ULTA	F	-1.64%
CVX	A	-1.62%
PANW	B	-1.57%
LULU	C	-1.52%
XOM	B	-1.45%
PSX	C	-1.44%
TPR	B	-1.38%
DE	B	-1.34%
CAT	B	-1.33%
IT	C	-1.31%
GPC	D	-1.28%
SYY	D	-1.24%
ACGL	C	-1.16%
MA	B	-1.16%
GWW	B	-1.13%
AMP	A	-1.12%
BRK.A	B	-1.1%
DECK	A	-1.1%
ODFL	C	-1.09%
INCY	C	-1.09%
WRB	A	-1.04%
META	D	-1.04%
MOH	F	-1.03%
KLAC	F	-1.03%
GOOG	C	-1.03%
CPRT	B	-1.0%
DVN	F	-0.96%
CB	C	-0.95%
V	A	-0.92%
AAPL	C	-0.87%
MLM	C	-0.83%
HAL	C	-0.82%
VRTX	D	-0.81%
LRCX	F	-0.8%
OXY	D	-0.79%
LW	C	-0.76%
MCHP	F	-0.65%
CE	F	-0.57%