ETEC vs. HACK ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to ETFMG Prime Cyber Security ETF (HACK)
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
$22.07
Average Daily Volume
380
13
HACK
ETFMG Prime Cyber Security ETF
HACK Description
The investment seeks investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Cyber Defense Index. The fund invests at least 80% of its total assets in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The index tracks the performance of the exchange-listed equity securities of companies across the globe that (i) engage in providing cybersecurity applications or services as a vital component of its overall business or (ii) provide hardware or software for cybersecurity activities as a vital component of its overall business.Grade (RS Rating)
Last Trade
$60.75
Average Daily Volume
120,852
20
Performance
Period | ETEC | HACK |
---|---|---|
30 Days | 3.62% | -4.71% |
60 Days | 3.66% | -7.07% |
90 Days | 10.41% | -4.40% |
12 Months | -4.91% | 40.07% |
0 Overlapping Holdings
Symbol | Grade | Weight in ETEC | Weight in HACK | Overlap |
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ETEC Underweight 20 Positions Relative to HACK
ETEC: Top Represented Industries & Keywords
HACK: Top Represented Industries & Keywords