ETEC vs. XES ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to SPDR S&P Oil & Gas Equipment & Services ETF (XES)
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
$20.99
Average Daily Volume
320
13
XES
SPDR S&P Oil & Gas Equipment & Services ETF
XES Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the oil and gas equipment and services segment of a U.S. total market composite index. In seeking to track the performance of the S&P Oil & Gas Equipment & Services Select Industry Index, the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the oil and gas equipment and services industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$87.34
Average Daily Volume
91,757
32
Performance
| Period | ETEC | XES |
|---|---|---|
| 30 Days | -2.91% | -6.54% |
| 60 Days | -2.96% | 2.94% |
| 90 Days | 3.25% | 7.79% |
| 12 Months | -9.89% | 27.35% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ETEC | Weight in XES | Overlap |
|---|
ETEC Underweight 32 Positions Relative to XES
| Symbol | Grade | Weight | |
|---|---|---|---|
| FTI | B | -4.58% | |
| CHX | B | -4.58% | |
| TDW | B | -4.37% | |
| HAL | D | -4.28% | |
| WHD | B | -4.24% | |
| RIG | F | -4.24% | |
| BKR | D | -4.22% | |
| HP | D | -4.21% | |
| NOV | D | -4.2% | |
| WFRD | B | -4.11% | |
| LBRT | B | -4.11% | |
| AROC | B | -4.09% | |
| VAL | D | -4.07% | |
| SLB | F | -4.05% | |
| PTEN | F | -3.79% | |
| HLX | B | -3.65% | |
| NBR | F | -3.39% | |
| DO | F | -2.98% | |
| OII | D | -2.97% | |
| XPRO | D | -2.55% | |
| PUMP | B | -2.54% | |
| RES | F | -2.19% | |
| AESI | B | -2.13% | |
| SLCA | A | -1.66% | |
| CLB | D | -1.35% | |
| WTTR | B | -1.13% | |
| TTI | D | -1.07% | |
| NR | B | -0.95% | |
| OIS | F | -0.75% | |
| BOOM | F | -0.7% | |
| DRQ | F | -0.7% | |
| VTOL | D | -0.49% |
ETEC: Top Represented Industries & Keywords
XES: Top Represented Industries & Keywords
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