ETEC vs. FLUD ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Franklin Liberty Ultra Short Bond ETF (FLUD)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$20.99
Average Daily Volume
320
13
FLUD
Franklin Liberty Ultra Short Bond ETF
FLUD Description
The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in bonds and investments that provide exposure to bonds. It targets an estimated average portfolio duration of one (1) year or less. The fund invests predominantly in U.S. dollar denominated, investment grade debt securities and investments. It may invest in U.S. dollar denominated foreign securities, including emerging market securities.Grade (RS Rating)
Last Trade
$24.82
Average Daily Volume
1,046
20
Performance
Period | ETEC | FLUD |
---|---|---|
30 Days | -2.91% | 0.02% |
60 Days | -2.96% | 0.66% |
90 Days | 3.25% | 0.59% |
12 Months | -9.89% | 2.45% |
0 Overlapping Holdings
Symbol | Grade | Weight in ETEC | Weight in FLUD | Overlap |
---|
ETEC Underweight 20 Positions Relative to FLUD
ETEC: Top Represented Industries & Keywords
FLUD: Top Represented Industries & Keywords