WLDR vs. ACWV ETF Comparison

Comparison of Affinity World Leaders Equity ETF (WLDR) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

WLDR

Affinity World Leaders Equity ETF

WLDR Description

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the index). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the index. The index is expected to consist of approximately 150 to 250 stocks of companies located in the U.S. and in at least three countries outside of the U.S. and may invest in up to 20 countries. It will be significantly invested in the securities of international companies in addition to securities of U.S. companies.

Grade (RS Rating)

Last Trade

$31.38

Average Daily Volume

4,938

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$106.20

Average Daily Volume

164,164

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

Performance

Period	WLDR	ACWV
30 Days	4.72%	5.03%
60 Days	3.65%	1.80%
90 Days	9.39%	3.64%
12 Months	29.15%	9.93%

13 Overlapping Holdings

Symbol	Grade	Weight in WLDR	Weight in ACWV	Overlap
ACI	D	0.79%	0.06%	0.06%
AZO	D	2.42%	0.79%	0.79%
BRK.A	B	1.17%	0.85%	0.85%
CI	D	0.89%	0.16%	0.16%
CTSH	F	1.76%	0.19%	0.19%
ELV	A	1.0%	0.1%	0.1%
EVRG	C	0.51%	0.06%	0.06%
IBM	D	1.84%	0.64%	0.64%
KR	D	0.81%	0.84%	0.81%
MCK	A	1.05%	1.25%	1.05%
MPC	D	0.63%	0.18%	0.18%
MRK	B	1.44%	1.65%	1.44%
VZ	C	1.42%	0.79%	0.79%

WLDR Overweight 57 Positions Relative to ACWV

Symbol	Grade	Weight
AMAT	B	3.41%
HPQ	C	3.26%
DELL	B	3.25%
NTAP	B	3.17%
META	D	2.75%
WSM	C	2.57%
APP	C	2.09%
JPM	A	1.88%
EBAY	C	1.87%
DOCU	C	1.85%
SSNC	B	1.84%
CMCSA	F	1.42%
OMC	B	1.28%
EMN	C	1.08%
CAT	C	1.08%
CARR	B	1.05%
SYF	C	1.0%
BK	A	0.99%
TROW	D	0.92%
CNM	B	0.88%
VTRS	D	0.88%
PCAR	D	0.86%
TEVA	C	0.85%
CNC	B	0.85%
HCA	C	0.84%
CAH	F	0.84%
FANG	C	0.71%
RCL	B	0.69%
PSX	D	0.67%
HMC	F	0.65%
VLO	D	0.65%
UAL	C	0.63%
STLA	D	0.63%
MO	A	0.61%
VST	B	0.61%
DAL	B	0.6%
MGM	F	0.57%
ALL	C	0.55%
ETR	B	0.54%
RGA	A	0.54%
AER	B	0.53%
URI	C	0.51%
CCEP	B	0.5%
RNR	C	0.5%
TSN	B	0.48%
HOOD	C	0.45%
LEN	B	0.44%
F	D	0.44%
PHM	B	0.43%
TOL	B	0.42%
TAP	F	0.4%
SPG	C	0.4%
VICI	C	0.39%
DOC	B	0.38%
HST	D	0.36%
STLD	D	0.28%
RS	D	0.24%

WLDR Underweight 121 Positions Relative to ACWV

Symbol	Grade	Weight
WM	B	-1.54%
MSI	A	-1.5%
WMT	A	-1.42%
CSCO	F	-1.39%
ROP	C	-1.35%
PEP	B	-1.26%
TMUS	B	-1.25%
RSG	D	-1.23%
JNJ	D	-1.11%
VRTX	B	-1.1%
ED	B	-1.0%
MCD	F	-0.98%
COR	D	-0.92%
NVS	B	-0.91%
PG	A	-0.88%
MMC	A	-0.88%
REGN	B	-0.82%
DUK	A	-0.8%
HSY	C	-0.78%
SO	A	-0.77%
UNH	C	-0.76%
PGR	C	-0.73%
GIS	C	-0.72%
GILD	F	-0.68%
WEC	C	-0.68%
KEYS	C	-0.62%
XEL	D	-0.62%
MSFT	B	-0.59%
V	B	-0.57%
LLY	B	-0.56%
ORLY	D	-0.55%
EA	F	-0.54%
AMGN	B	-0.53%
ABBV	D	-0.51%
K	C	-0.5%
APH	B	-0.5%
EXPD	D	-0.5%
CHD	B	-0.49%
BMY	F	-0.48%
GIB	D	-0.47%
CHT	B	-0.44%
L	B	-0.44%
MKL	A	-0.44%
HD	D	-0.42%
NBIX	B	-0.41%
CHKP	D	-0.41%
BAH	B	-0.4%
KHC	D	-0.4%
CL	B	-0.39%
KDP	C	-0.39%
HUM	D	-0.39%
CB	A	-0.39%
FI	D	-0.38%
WCN	C	-0.38%
ORCL	C	-0.37%
DPZ	C	-0.37%
SJM	F	-0.36%
KMB	C	-0.34%
JNPR	D	-0.33%
AEP	A	-0.33%
AKAM	F	-0.33%
VRSN	F	-0.32%
TJX	B	-0.32%
NOC	C	-0.31%
INCY	D	-0.31%
HRL	C	-0.31%
AJG	A	-0.3%
ERIE	C	-0.3%
BDX	F	-0.29%
MDLZ	C	-0.29%
AON	F	-0.29%
FFIV	D	-0.29%
CHRW	C	-0.27%
BMRN	F	-0.26%
UTHR	A	-0.26%
CPB	C	-0.26%
GEN	B	-0.26%
BRO	A	-0.25%
TRV	D	-0.25%
YUM	B	-0.25%
CME	C	-0.24%
CF	F	-0.24%
ACN	F	-0.24%
ROL	C	-0.22%
LMT	B	-0.22%
T	B	-0.21%
MFG	C	-0.2%
JKHY	C	-0.2%
WRB	D	-0.2%
PTC	C	-0.2%
MA	D	-0.18%
ULTA	F	-0.18%
MKC	C	-0.16%
CMS	A	-0.16%
DGX	A	-0.14%
LNG	D	-0.13%
GDDY	B	-0.13%
CTVA	C	-0.13%
PFE	D	-0.13%
ACGL	A	-0.13%
MNST	F	-0.13%
EG	C	-0.11%
BVN	B	-0.11%
AIZ	D	-0.11%
NEM	B	-0.11%
AEE	C	-0.1%
TDY	D	-0.1%
ABT	F	-0.1%
WIT	D	-0.1%
AZPN	B	-0.09%
PCG	A	-0.09%
WIT	D	-0.08%
ODFL	F	-0.08%
HSIC	C	-0.07%
CLX	F	-0.07%
FICO	A	-0.07%
GPC	D	-0.06%
HOLX	D	-0.05%
ZTO	C	-0.05%
KO	B	-0.05%
CAG	C	-0.05%