EWZS vs. ETEC ETF Comparison

Comparison of iShares MSCI Brazil Small-Cap ETF (EWZS) to iShares Breakthrough Environmental Solutions ETF (ETEC)

EWZS

iShares MSCI Brazil Small-Cap ETF

EWZS Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Brazil Small Cap Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.82

Average Daily Volume

280,914

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

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

$22.32

Average Daily Volume

360

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

Performance

Period	EWZS	ETEC
30 Days	-1.43%	5.88%
60 Days	-3.29%	1.00%
90 Days	-0.72%	10.77%
12 Months	13.79%	-6.59%

0 Overlapping Holdings

	Symbol	Grade	Weight in EWZS	Weight in ETEC	Overlap

EWZS Overweight 2 Positions Relative to ETEC

	Symbol	Grade	Weight
	ERJ	A	7.82%
	BRFS	B	3.21%

EWZS Underweight 13 Positions Relative to ETEC

	Symbol	Grade	Weight
	BWA	B	-6.6%
	OLED	C	-5.5%
	TSLA	D	-4.05%
	FSLR	B	-3.98%
	XYL	A	-3.16%
	ENPH	F	-2.96%
	NIO	D	-2.79%
	XPEV	D	-2.5%
	LI	F	-2.21%
	SEDG	F	-2.05%
	PLUG	F	-1.37%
	LCID	D	-1.23%
	DQ	F	-0.68%

EWZS: Top Represented Industries & Keywords

Industries: Aerospace & Defense Packaged Foods

Keywords: Aerospace Material Animal Feed Aviation Services Beef Cheese Customer Support Services Dairy Products Desserts Flour Food Processing Food Service Foods Frozen Vegetables Fuel Systems Hamburger Helicopter Hydraulic Systems Integrated Solutions Material Solutions Meat Products

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