ETEC vs. KTEC ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to KraneShares Hang Seng TECH Index ETF (KTEC)

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

$20.91

Average Daily Volume

269

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

KTEC

KraneShares Hang Seng TECH Index ETF

KTEC Description

KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.

Grade (RS Rating)

Last Trade

$11.60

Average Daily Volume

7,389

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	ETEC	KTEC
30 Days	-3.82%	8.73%
60 Days	1.58%	8.65%
90 Days	3.16%	16.79%
12 Months	-11.91%	-1.80%

3 Overlapping Holdings

	Symbol	Grade	Weight in ETEC	Weight in KTEC	Overlap
	LI	F	2.4%	5.38%	2.4%
	NIO	F	2.04%	0.25%	0.25%
	XPEV	F	2.14%	2.34%	2.14%

ETEC Overweight 10 Positions Relative to KTEC

	Symbol	Grade	Weight
	BWA	B	6.36%
	OLED	D	5.73%
	FSLR	A	4.03%
	TSLA	D	3.74%
	ENPH	D	3.26%
	XYL	A	3.15%
	SEDG	F	2.16%
	PLUG	F	1.6%
	LCID	F	1.13%
	DQ	F	0.88%

ETEC Underweight 5 Positions Relative to KTEC

	Symbol	Grade	Weight
	BABA	C	-7.8%
	BIDU	D	-4.02%
	TCOM	A	-3.98%
	BILI	B	-1.43%
	WB	D	-0.02%

ETEC: Top Represented Industries & Keywords

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

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

KTEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Leisure Specialty Retail

Keywords: Electric Vehicle Transport Cars Games Internet In China Motor Vehicles Nasdaq 100 Advertising Inventory Advertising Services Airline Tickets Application Programming Interface Artificial Intelligence Automotive Manufacturers Broadcasting Cloud Computing Computing Platform Consumer Marketplace Corporate Travel Management Data Management Platform Database Services