IAT vs. ADPV ETF Comparison

Comparison of iShares U.S. Regional Banks ETF (IAT) to Adaptiv Select ETF (ADPV)

IAT

iShares U.S. Regional Banks ETF

IAT Description

The investment seeks to track the investment results of an index composed of U.S. equities in the regional banks sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index (the "underlying index"), which measures the performance of the regional bank sector of the U.S. equity market. The underlying index is a subset of the Dow Jones U.S. Bank Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$47.05

Average Daily Volume

343,248

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.80

Average Daily Volume

5,397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IAT	ADPV
30 Days	-1.04%	0.95%
60 Days	-1.20%	2.83%
90 Days	14.55%	5.10%
12 Months	46.95%	30.57%

3 Overlapping Holdings

Symbol	Grade	Weight in IAT	Weight in ADPV	Overlap
FNB	D	1.04%	4.74%	1.04%
HBAN	B	4.35%	5.05%	4.35%
KEY	C	3.2%	4.52%	3.2%

IAT Overweight 31 Positions Relative to ADPV

Symbol	Grade	Weight
PNC	C	14.34%
USB	C	13.9%
TFC	D	10.97%
FITB	B	4.96%
MTB	C	4.62%
FCNCA	D	4.61%
RF	B	4.26%
CFG	D	3.76%
EWBC	C	2.31%
WAL	B	1.93%
FHN	D	1.73%
WBS	C	1.66%
CMA	C	1.65%
PNFP	C	1.54%
SSB	C	1.52%
BPOP	C	1.47%
CFR	C	1.47%
CBSH	D	1.46%
WTFC	C	1.45%
ZION	D	1.43%
PB	D	1.39%
SNV	D	1.31%
GBCI	C	1.06%
UBSI	D	1.04%
HOMB	D	1.03%
FFIN	C	0.99%
UMBF	C	0.95%
OZK	F	0.91%
VLY	D	0.78%
BOKF	C	0.48%
TFSL	D	0.14%

IAT Underweight 7 Positions Relative to ADPV

Symbol	Grade	Weight
AMCR	B	-5.81%
PPC	D	-5.59%
VIRT	C	-4.77%
T	B	-4.71%
OWL	B	-4.7%
PLTR	C	-4.57%
NU	C	-4.51%

IAT: Top Represented Industries & Keywords

Industries: Banks - Regional - US Banks - Global