ETEC vs. TSME ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Thrivent Small-Mid Cap ESG ETF (TSME)

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

$21.65

Average Daily Volume

327

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

TSME

Thrivent Small-Mid Cap ESG ETF

TSME Description

Thrivent Small-Mid Cap ESG ETF is an exchange traded fund launched and managed by Thrivent Asset Management, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization, within the market capitalization range of the Russell 2500 Index or the S&P MidCap Index. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental and quantitative analysis to create its portfolio. Thrivent Small-Mid Cap ESG ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$32.67

Average Daily Volume

45,785

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	ETEC	TSME
30 Days	1.62%	-3.63%
60 Days	0.07%	-1.45%
90 Days	8.28%	6.45%
12 Months	-6.74%	23.54%

0 Overlapping Holdings

	Symbol	Grade	Weight in ETEC	Weight in TSME	Overlap

ETEC Overweight 13 Positions Relative to TSME

	Symbol	Grade	Weight
	BWA	B	6.39%
	OLED	D	5.79%
	FSLR	B	4.05%
	TSLA	D	4.02%
	XYL	A	3.19%
	ENPH	F	3.16%
	NIO	D	2.2%
	XPEV	D	2.14%
	SEDG	F	2.04%
	LI	D	2.02%
	PLUG	F	1.4%
	LCID	F	1.14%
	DQ	F	0.88%

ETEC Underweight 9 Positions Relative to TSME

	Symbol	Grade	Weight
	MOD	A	-2.85%
	FICO	C	-2.43%
	TKR	A	-2.38%
	NSIT	D	-2.23%
	SAIA	F	-2.18%
	PWR	A	-2.03%
	LH	F	-1.94%
	WCC	B	-1.9%
	STLD	D	-1.89%

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

TSME: Top Represented Industries & Keywords

Industries: Auto Parts Diagnostics & Research Engineering & Construction Industrial Distribution Information Technology Services Software - Infrastructure Steel Tools & Accessories Trucking

Keywords: S&P 500 Broadband Industrial Machinery Logistics Services Steel Products Abrasives Access Control Account Management Aftermarket Services Air Conditioning Alarms Allergy Alloy Steel Alloys Analytical Solutions Applied Sciences Aviation Applications Bearings Blood Test Brass