EBLU vs. IWTR ETF Comparison

Comparison of Ecofin Global Water ESG Fund (EBLU) to iShares MSCI Water Management Multisector ETF (IWTR)

EBLU

Ecofin Global Water ESG Fund

EBLU Description

The Tortoise Global Water ESG Fund uses a passive management approach and seeks investment results that correspond generally to the price and distribution rate performance of the Tortoise Global Water ESG Net Total Return Index®, which is comprised of companies across the globe and throughout the water cycle that we believe are positioned to benefit from the pursuit of solving the water supply/demand imbalance.

Grade (RS Rating)

Last Trade

$48.60

Average Daily Volume

2,330

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWTR

iShares MSCI Water Management Multisector ETF

IWTR Description

The iShares MSCI Water Management Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that either 1) derive a proportion of their revenues from sustainable water products or services or 2) demonstrate relative efficiency in their water management.

Grade (RS Rating)

Last Trade

$32.20

Average Daily Volume

373

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	EBLU	IWTR
30 Days	8.71%	9.18%
60 Days	6.62%	7.34%
90 Days	9.53%	10.05%
12 Months	22.32%	18.01%

9 Overlapping Holdings

Symbol	Grade	Weight in EBLU	Weight in IWTR	Overlap
AWK	C	6.54%	4.54%	4.54%
BMI	B	2.0%	3.0%	2.0%
CNM	A	3.62%	4.89%	3.62%
ECL	B	7.38%	5.59%	5.59%
ERII	F	0.28%	0.29%	0.28%
FELE	D	1.42%	2.2%	1.42%
WTS	B	2.04%	3.02%	2.04%
XYL	A	7.85%	7.11%	7.11%
ZWS	C	1.62%	1.99%	1.62%

EBLU Overweight 14 Positions Relative to IWTR

Symbol	Grade	Weight
VLTO	A	5.43%
TTEK	B	4.05%
PNR	B	3.96%
WMS	B	3.89%
AOS	C	3.73%
IEX	D	3.53%
WTRG	C	3.46%
CWT	C	1.05%
MWA	B	1.0%
SJW	D	0.58%
LNN	D	0.47%
MEG	B	0.47%
WTTR	B	0.27%
ANET	A	0.14%

EBLU Underweight 8 Positions Relative to IWTR

Symbol	Grade	Weight
TXN	A	-5.76%
MAR	D	-5.57%
DEO	F	-4.81%
HLT	D	-4.25%
MKC	C	-1.66%
AWR	C	-1.6%
K	B	-1.44%
CCEP	A	-1.28%