ETEC vs. MGMT ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Ballast Small/Mid Cap ETF (MGMT)
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
$22.20
Average Daily Volume
349
13
MGMT
Ballast Small/Mid Cap ETF
MGMT Description
The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.Grade (RS Rating)
Last Trade
$36.50
Average Daily Volume
13,906
45
Performance
| Period | ETEC | MGMT |
|---|---|---|
| 30 Days | 1.69% | -2.28% |
| 60 Days | 1.00% | 0.13% |
| 90 Days | 8.13% | 1.49% |
| 12 Months | -7.32% | 12.34% |
1 Overlapping Holdings
| Symbol | Grade | Weight in ETEC | Weight in MGMT | Overlap | |
|---|---|---|---|---|---|
| BWA | B | 6.6% | 1.83% | 1.83% |
ETEC Underweight 44 Positions Relative to MGMT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NRP | C | -5.11% | |
| AGM | D | -3.69% | |
| CVCO | C | -3.25% | |
| AZZ | C | -3.21% | |
| PHIN | A | -3.15% | |
| MTG | B | -2.96% | |
| EXP | A | -2.94% | |
| TDC | F | -2.88% | |
| CEIX | D | -2.67% | |
| CASS | D | -2.66% | |
| GEO | C | -2.43% | |
| TRIP | F | -2.39% | |
| LAMR | A | -2.39% | |
| LSTR | D | -2.36% | |
| SOI | B | -2.34% | |
| NTIC | B | -2.26% | |
| CBNK | D | -2.17% | |
| BELFB | B | -2.16% | |
| ATKR | D | -2.12% | |
| BIOX | C | -2.07% | |
| IGIC | A | -2.06% | |
| GPRE | F | -1.93% | |
| LII | C | -1.93% | |
| SFM | A | -1.89% | |
| DOX | F | -1.83% | |
| IMXI | D | -1.74% | |
| EPR | C | -1.64% | |
| BLCO | F | -1.64% | |
| GSM | B | -1.63% | |
| KOS | D | -1.58% | |
| CRMT | F | -1.57% | |
| IPGP | D | -1.47% | |
| PATK | C | -1.42% | |
| ECVT | D | -1.41% | |
| UFPT | B | -1.4% | |
| KN | B | -1.33% | |
| RMNI | F | -1.32% | |
| RCMT | F | -1.22% | |
| TKR | B | -1.2% | |
| EPSN | C | -1.17% | |
| IRMD | C | -0.94% | |
| CMP | F | -0.86% | |
| G | D | -0.83% | |
| EXTR | F | -0.77% |
ETEC: Top Represented Industries & Keywords
MGMT: Top Represented Industries & Keywords
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