ETEC vs. IVEG ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to iShares Emergent Food and AgTech Multisector ETF (IVEG)

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

$19.83

Average Daily Volume

514

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

IVEG

iShares Emergent Food and AgTech Multisector ETF

IVEG Description

The fund invests at least 80% of its assets in the securities of its index and in investments that have economic characteristics that are substantially identical to the securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.41

Average Daily Volume

1,148

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	ETEC	IVEG
30 Days	-3.45%	0.56%
60 Days	-6.30%	-0.14%
90 Days	-1.47%	3.53%
12 Months	-7.21%	15.49%

0 Overlapping Holdings

	Symbol	Grade	Weight in ETEC	Weight in IVEG	Overlap

ETEC Overweight 11 Positions Relative to IVEG

	Symbol	Grade	Weight
	BWA	D	6.63%
	TSLA	B	5.59%
	OLED	F	5.09%
	XPEV	C	4.62%
	LI	F	3.34%
	FSLR	F	3.13%
	XYL	D	2.7%
	NIO	F	2.44%
	ENPH	F	2.23%
	LCID	F	1.15%
	SEDG	F	0.69%

ETEC Underweight 19 Positions Relative to IVEG

	Symbol	Grade	Weight
	SW	A	-8.87%
	IP	A	-5.56%
	TRMB	B	-5.3%
	K	A	-5.28%
	PKG	A	-5.11%
	CTVA	C	-4.67%
	ECL	D	-4.53%
	WAT	B	-4.2%
	CF	A	-4.15%
	IFF	D	-4.14%
	DE	C	-3.9%
	CNH	C	-3.56%
	MOS	D	-2.56%
	FMC	D	-2.33%
	AGCO	F	-1.93%
	SEE	D	-1.77%
	EXPO	D	-1.54%
	NEOG	D	-1.05%
	SHC	F	-0.49%

ETEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Semiconductor Equipment & Materials Solar Auto Parts Diversified Industrials

Keywords: Electric Vehicle S&P 500 Transport Cars Motor Vehicles Nasdaq 100 Photovoltaic System Photovoltaics Automotive Manufacturers Electromagnetism Inverter Systems Inverters Power Systems Powertrain Renewable Energy Solar Panel Solar Power Solar Power Systems Sport Utility Vehicle Actuator

IVEG: Top Represented Industries & Keywords

Industries: Agricultural Inputs Packaging & Containers Diagnostics & Research Farm & Construction Equipment Specialty Chemicals Business Services Packaged Foods Scientific & Technical Instruments

Keywords: S&P 500 Chemical Food Safety Construction Equipment Crops Detergent Forage Equipment Loader Pharmaceutical Phosphates Agricultural Equipment Agriculture Animal Feed Baler Chemical Process Chemical Processing Civil Engineering Cleaning Consumer Products Containerboard