IEDI vs. DVOL ETF Comparison

Comparison of iShares Evolved U.S. Discretionary Spending ETF (IEDI) to First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL)

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.04

Average Daily Volume

11,096

Number of Holdings ^*

204

* may have additional holdings in another (foreign) market

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.32

Average Daily Volume

3,562

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IEDI	DVOL
30 Days	0.46%	1.68%
60 Days	-1.94%	2.35%
90 Days	4.31%	6.90%
12 Months	25.88%	18.57%

15 Overlapping Holdings

Symbol	Grade	Weight in IEDI	Weight in DVOL	Overlap
CHE	D	0.03%	1.44%	0.03%
COST	B	8.77%	2.54%	2.54%
CPRT	D	0.43%	1.13%	0.43%
CTAS	B	0.77%	2.17%	0.77%
DRI	F	0.74%	1.99%	0.74%
FAST	D	0.22%	1.84%	0.22%
GWW	D	0.23%	1.11%	0.23%
HLT	D	0.99%	1.67%	0.99%
KR	B	1.05%	1.24%	1.05%
MA	D	0.38%	2.7%	0.38%
MCK	B	0.2%	1.99%	0.2%
ORLY	D	2.42%	1.75%	1.75%
TJX	C	3.41%	2.93%	2.93%
V	C	0.63%	3.07%	0.63%
WMT	C	5.59%	3.11%	3.11%

IEDI Overweight 189 Positions Relative to DVOL

Symbol	Grade	Weight
AMZN	A	11.4%
HD	D	10.19%
CMG	A	3.78%
LOW	D	3.75%
TGT	D	2.31%
ROST	D	1.99%
AZO	D	1.6%
MCD	F	1.3%
SBUX	F	1.25%
MAR	D	1.18%
DG	D	1.15%
LULU	F	1.13%
NKE	D	1.1%
TSCO	B	1.06%
ULTA	F	0.94%
DLTR	F	0.88%
YUM	C	0.87%
UBER	D	0.87%
WSM	B	0.7%
FERG	B	0.63%
ABNB	D	0.59%
DKS	C	0.56%
WING	A	0.56%
PG	A	0.55%
DECK	D	0.54%
BURL	D	0.54%
DPZ	B	0.54%
META	D	0.52%
DIS	D	0.5%
AAPL	B	0.5%
DASH	D	0.45%
TXRH	B	0.44%
CASY	A	0.43%
FND	D	0.41%
SQ	D	0.37%
STZ	D	0.36%
RCL	A	0.36%
SYY	D	0.35%
BBWI	C	0.34%
DKNG	D	0.33%
KMX	D	0.32%
FIVE	F	0.29%
BJ	B	0.28%
CHDN	B	0.28%
SFM	A	0.27%
BBY	D	0.27%
PLNT	D	0.22%
CPNG	B	0.22%
OLLI	B	0.22%
EXPE	F	0.21%
GPS	D	0.21%
USFD	C	0.21%
UPS	D	0.2%
POOL	F	0.2%
PFGC	D	0.2%
MGM	F	0.2%
CVNA	B	0.2%
TPR	D	0.2%
ACI	D	0.19%
ASO	F	0.18%
EBAY	D	0.18%
WH	F	0.18%
LAD	D	0.18%
CROX	C	0.18%
MUSA	D	0.18%
HST	D	0.17%
TSN	B	0.17%
FDX	D	0.17%
MTN	F	0.17%
ELF	D	0.17%
M	D	0.17%
RH	D	0.17%
WBA	F	0.17%
LYV	D	0.16%
LUV	D	0.16%
CCL	F	0.16%
TPX	D	0.15%
SKX	B	0.15%
CZR	F	0.14%
TOL	B	0.14%
GDDY	A	0.14%
WYNN	D	0.14%
HRB	B	0.14%
PINS	A	0.14%
AN	B	0.14%
AEO	B	0.14%
SHAK	B	0.13%
AAP	D	0.13%
GPC	B	0.13%
MAS	D	0.12%
ABG	C	0.12%
VVV	D	0.12%
CAVA	B	0.12%
TOST	A	0.12%
CPRI	F	0.12%
KTB	B	0.12%
BOOT	B	0.12%
RL	D	0.12%
NFLX	C	0.12%
SIG	D	0.12%
W	C	0.12%
ARMK	C	0.12%
SCI	D	0.11%
FRPT	B	0.11%
CL	A	0.11%
H	D	0.11%
NCLH	F	0.11%
SNAP	B	0.11%
WEN	B	0.11%
PH	B	0.1%
KSS	F	0.1%
GO	F	0.1%
PZZA	F	0.1%
EAT	A	0.1%
BYD	F	0.1%
FLO	B	0.1%
URBN	D	0.1%
SHOO	D	0.1%
CRI	F	0.1%
CHH	F	0.1%
SITE	F	0.1%
GME	B	0.1%
FCFS	D	0.09%
ETSY	F	0.09%
DUOL	B	0.09%
IPG	D	0.09%
BFAM	C	0.09%
LYFT	C	0.09%
VFC	F	0.08%
ALK	C	0.08%
JWN	B	0.08%
RHP	D	0.08%
VICI	B	0.08%
COLM	B	0.07%
VAC	D	0.07%
COTY	F	0.07%
SG	B	0.07%
UAL	B	0.07%
LNW	D	0.07%
BLMN	F	0.07%
RRR	D	0.07%
TNL	D	0.07%
LANC	D	0.07%
Z	F	0.07%
DHI	D	0.07%
INVH	B	0.06%
AAL	C	0.06%
CBRL	F	0.06%
MTCH	F	0.06%
MAT	D	0.06%
CAKE	D	0.06%
IAC	B	0.06%
HGV	D	0.06%
PYPL	C	0.06%
FL	F	0.06%
MSM	F	0.05%
YETI	F	0.05%
PENN	F	0.05%
HON	C	0.05%
ANF	B	0.05%
RHI	D	0.05%
MSGS	B	0.05%
PRKS	D	0.04%
JACK	F	0.04%
TKO	B	0.04%
APLE	F	0.04%
ROL	B	0.04%
CHWY	F	0.04%
FOUR	F	0.03%
UHAL	B	0.03%
IPAR	F	0.03%
TTWO	D	0.03%
OMC	B	0.03%
GIS	C	0.03%
DDS	C	0.03%
VSTS	F	0.02%
DRVN	F	0.02%
CLX	F	0.02%
MIDD	F	0.02%
PVH	D	0.02%
ZTS	D	0.02%
BLD	D	0.02%
PK	D	0.02%
MKC	B	0.02%
LOPE	B	0.02%
OXM	B	0.02%
PLAY	D	0.02%
CAR	D	0.02%
SNA	D	0.01%

IEDI Underweight 33 Positions Relative to DVOL

Symbol	Grade	Weight
RSG	C	-3.38%
MMC	C	-3.05%
APH	A	-2.86%
JPM	B	-2.71%
ORI	A	-2.7%
AJG	C	-2.68%
CW	A	-2.68%
MSI	A	-2.67%
AME	D	-2.66%
WAB	A	-2.63%
OTIS	D	-2.62%
NDSN	C	-2.55%
TRV	D	-2.54%
ITW	D	-2.52%
IBM	D	-2.01%
AFL	A	-1.73%
PTC	D	-1.68%
PRI	D	-1.5%
CAH	F	-1.48%
RGA	A	-1.47%
AIG	A	-1.46%
GRMN	A	-1.43%
TDG	A	-1.39%
REGN	C	-1.36%
PCAR	D	-1.34%
HWM	A	-1.16%
VMC	C	-1.12%
ENSG	D	-1.12%
WELL	A	-1.09%
HCA	D	-1.03%
AOS	C	-1.03%
OKE	B	-0.98%
PKG	D	-0.9%