LEMV vs. FNCL ETF Comparison

Comparison of Ossiam iSTOXX Europe Minimum Variance NR UCITS ETF (LEMV) to SPDR® MSCI Europe Financials UCITS ETF (FNCL)

LEMV

Ossiam iSTOXX Europe Minimum Variance NR UCITS ETF

LEMV Description

The investment seeks to track the price and yield performance, before fees and expenses, of the Ossiam Europe Minimum Variance Index Net Return. The index reflects the performance of a dynamic selection of the 300 most liquid stocks from the STOXX Europe 600 Index (the “Base Index”) which tracks the performance of 600 leading companies in major European industries in 18 European countries.

Grade (RS Rating)

Last Trade

£19,778.00

Average Daily Volume

136

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNCL

SPDR® MSCI Europe Financials UCITS ETF

FNCL Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Financials Index. The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Financials Index, which represents the performance of the financial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

£80.14

Average Daily Volume

1,174

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LEMV	FNCL
30 Days	0.13%	0.26%
60 Days	2.72%	7.46%
90 Days	2.88%	11.00%
12 Months	0.68%	20.91%

4 Overlapping Holdings

Symbol	Grade	Weight in LEMV	Weight in FNCL	Overlap
0ILK	B	2.68%	0.9%	0.9%
0MJK	A	1.18%	0.75%	0.75%
0QVJ	B	0.8%	0.4%	0.4%
0R78	D	0.8%	0.35%	0.35%

LEMV Overweight 44 Positions Relative to FNCL

Symbol	Grade	Weight
0MPH	D	4.01%
GSK	D	4.0%
0QOK	F	3.96%
0M2Z	C	3.95%
0MPP	C	3.47%
0OQV	C	3.38%
RKT	F	3.09%
0QAL	A	3.05%
0NBD	F	2.62%
0QLR	F	2.14%
0II2	C	1.83%
0AI4	F	1.67%
0QBO	C	1.41%
0RLT	A	1.4%
PSON	C	1.31%
0FQI	A	1.24%
0J3F	F	1.23%
0HAC	C	1.14%
ITRK	A	1.01%
0MW7	A	0.98%
0G8C	B	0.89%
0P72	D	0.76%
0HAN	B	0.7%
0H6X	B	0.67%
0NR1	B	0.67%
0MH6	C	0.55%
0ML1	D	0.52%
0IZ8	C	0.5%
0G6T	B	0.42%
0F08	A	0.4%
0H7O	A	0.35%
0IXZ	A	0.34%
0NQ2	C	0.33%
0NP8	D	0.31%
0NIS	A	0.31%
0M5J	B	0.3%
0NVL	C	0.29%
0MHC	F	0.27%
0O8V	A	0.26%
0HA9	B	0.25%
0RTS	B	0.24%
0RPI	A	0.16%
BME	D	0.1%
0NQG	B	0.04%

LEMV Underweight 44 Positions Relative to FNCL

Symbol	Grade	Weight
HSBA	A	-7.39%
0M6S	B	-5.8%
0R3T	C	-5.0%
0QP2	D	-3.9%
0HB5	A	-3.62%
BVA	A	-3.43%
0HAR	A	-3.37%
0HBC	A	-2.62%
LSEG	C	-2.47%
LLOY	B	-2.05%
0QL6	D	-1.92%
0N4T	B	-1.77%
BARC	B	-1.73%
III	A	-1.71%
0QOQ	C	-1.6%
PRU	D	-1.28%
0NVC	D	-1.03%
0QMG	D	-1.01%
LGEN	C	-0.95%
STAN	C	-0.94%
0EYG	A	-0.92%
AV	C	-0.84%
0HAI	A	-0.79%
0RLW	A	-0.71%
0QO6	D	-0.59%
ADM	A	-0.45%
AIBG	A	-0.4%
0RLA	A	-0.39%
0Q99	A	-0.37%
WISE	C	-0.36%
0QQ3	C	-0.35%
0IN2	D	-0.32%
MNG	F	-0.31%
0QA8	B	-0.26%
0ACB	F	-0.26%
PHNX	D	-0.26%
0MHU	A	-0.25%
0H13	B	-0.21%
SDR	F	-0.19%
0HZC	A	-0.18%
STJ	F	-0.16%
HL	D	-0.16%
ABDN	F	-0.16%
0OJC	D	-0.14%

LEMV: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Business Services Discount Stores Household & Personal Products Publishing