IWTR vs. EBLU ETF Comparison

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

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

$31.73

Average Daily Volume

326

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$48.27

Average Daily Volume

2,293

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWTR	EBLU
30 Days	2.38%	4.11%
60 Days	3.72%	5.94%
90 Days	7.93%	9.89%
12 Months	14.63%	19.49%

9 Overlapping Holdings

Symbol	Grade	Weight in IWTR	Weight in EBLU	Overlap
AWK	B	4.54%	6.32%	4.54%
BMI	A	3.0%	2.02%	2.02%
CNM	A	4.89%	3.63%	3.63%
ECL	A	5.59%	7.32%	5.59%
ERII	F	0.29%	0.31%	0.29%
FELE	D	2.2%	1.52%	1.52%
WTS	C	3.02%	2.05%	2.05%
XYL	A	7.11%	7.75%	7.11%
ZWS	C	1.99%	1.67%	1.67%

IWTR Overweight 8 Positions Relative to EBLU

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

IWTR Underweight 14 Positions Relative to EBLU

Symbol	Grade	Weight
VLTO	A	-5.52%
PNR	C	-4.01%
WMS	C	-3.92%
AOS	C	-3.84%
TTEK	B	-3.83%
IEX	D	-3.72%
WTRG	B	-3.4%
CWT	B	-1.04%
MWA	A	-0.94%
SJW	D	-0.58%
LNN	C	-0.48%
MEG	B	-0.45%
WTTR	B	-0.29%
ANET	C	-0.14%