ETEC vs. MEMS ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Matthews Emerging Markets Discovery Active ETF (MEMS)
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
$19.76
Average Daily Volume
519
11
MEMS
Matthews Emerging Markets Discovery Active ETF
MEMS Description
MEMS aims to capitalize on growth opportunities within the emerging market space, including frontier markets. With a primary focus on small companies, the fund allocates at least 65% of its assets to the common and preferred stocks of these enterprises, with the remaining portion comprising mid-cap companies. The fund seeks sustainable growth based on fundamental characteristics such as balance sheet strength, employee count, cash flow stability, management quality, product lines, marketing strategies, corporate governance, and financial health. Additionally, exclusionary ESG screens may be employed to avoid controversial businesses, such as tobacco, weapons, and fossil fuels. The fund issuer may engage with its portfolio companies on sustainability and governance matters through active dialogue, exercising shareholder rights, and encouraging enhanced ESG disclosure and implementation. Up to 20% of the fund's assets may be invested in developed market companies, including ADRs and GDRs.Grade (RS Rating)
Last Trade
$24.73
Average Daily Volume
7,598
3
Performance
| Period | ETEC | MEMS |
|---|---|---|
| 30 Days | -3.35% | -4.06% |
| 60 Days | -6.11% | -4.30% |
| 90 Days | -3.59% | -5.50% |
| 12 Months | -7.07% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ETEC | Weight in MEMS | Overlap |
|---|
ETEC: Top Represented Industries & Keywords
MEMS: Top Represented Industries & Keywords
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