ETEC vs. IVRS ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to iShares Future Metaverse Tech and Communications ETF (IVRS)
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
$20.63
Average Daily Volume
433
11
IVRS
iShares Future Metaverse Tech and Communications ETF
IVRS Description
The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the "metaverse" and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$34.29
Average Daily Volume
808
27
Performance
| Period | ETEC | IVRS |
|---|---|---|
| 30 Days | -9.76% | -0.48% |
| 60 Days | 0.57% | 3.32% |
| 90 Days | 5.79% | 9.88% |
| 12 Months | 3.50% | 20.74% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ETEC | Weight in IVRS | Overlap |
|---|
ETEC Underweight 27 Positions Relative to IVRS
| Symbol | Grade | Weight | |
|---|---|---|---|
| META | B | -6.38% | |
| U | C | -5.08% | |
| ADSK | B | -4.8% | |
| PTC | B | -4.69% | |
| TTWO | A | -4.57% | |
| EA | A | -4.37% | |
| ANSS | C | -4.37% | |
| SONY | D | -4.24% | |
| RBLX | A | -4.0% | |
| AAPL | C | -3.97% | |
| SNPS | B | -3.64% | |
| CDNS | C | -3.36% | |
| NVDA | B | -3.24% | |
| GRMN | A | -3.13% | |
| MSFT | D | -2.89% | |
| ZM | A | -2.24% | |
| GOOGL | A | -1.56% | |
| CRM | A | -0.4% | |
| AMD | F | -0.37% | |
| ADBE | F | -0.31% | |
| QCOM | D | -0.3% | |
| MU | C | -0.19% | |
| INTC | C | -0.17% | |
| ANET | B | -0.16% | |
| SNAP | B | -0.02% | |
| MTCH | C | -0.02% | |
| AZPN | B | -0.01% |
ETEC: Top Represented Industries & Keywords
IVRS: Top Represented Industries & Keywords
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