IEDI vs. WBIL ETF Comparison

Comparison of iShares Evolved U.S. Discretionary Spending ETF (IEDI) to WBI Large Cap Tactical Select Shares (WBIL)

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

$53.75

Average Daily Volume

6,271

Number of Holdings ^*

176

* may have additional holdings in another (foreign) market

WBIL

WBI Large Cap Tactical Select Shares

WBIL Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive financial condition and prospects for ongoing financial stability, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$36.67

Average Daily Volume

1,629

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IEDI	WBIL
30 Days	3.26%	4.39%
60 Days	4.59%	8.01%
90 Days	7.09%	7.81%
12 Months	32.06%	22.81%

11 Overlapping Holdings

Symbol	Grade	Weight in IEDI	Weight in WBIL	Overlap
AMZN	C	8.78%	3.08%	3.08%
COST	A	8.55%	1.94%	1.94%
CPAY	A	0.09%	3.21%	0.09%
EA	A	0.06%	4.94%	0.06%
FAST	B	0.31%	1.06%	0.31%
INTU	B	0.2%	2.15%	0.2%
META	D	1.68%	0.91%	0.91%
NFLX	A	0.69%	1.11%	0.69%
SBUX	A	1.86%	1.84%	1.84%
TJX	A	4.58%	0.95%	0.95%
UBER	F	1.02%	3.66%	1.02%

IEDI Overweight 165 Positions Relative to WBIL

Symbol	Grade	Weight
HD	B	12.26%
WMT	A	7.56%
LOW	C	4.3%
CMG	B	2.85%
ORLY	B	2.11%
MCD	D	1.93%
TGT	F	1.9%
ROST	D	1.83%
HLT	A	1.31%
MAR	A	1.29%
NKE	F	1.1%
AZO	C	1.08%
TSCO	D	0.89%
DIS	B	0.83%
YUM	D	0.82%
KR	B	0.81%
DRI	B	0.74%
V	A	0.72%
BURL	B	0.71%
DASH	B	0.7%
ULTA	F	0.7%
CTAS	B	0.61%
DG	F	0.53%
DECK	A	0.51%
WSM	C	0.51%
RCL	A	0.5%
ABNB	C	0.48%
CPRT	B	0.48%
DPZ	C	0.47%
FERG	B	0.46%
DKS	D	0.45%
TXRH	B	0.45%
CVNA	B	0.45%
DLTR	F	0.44%
SQ	A	0.44%
CASY	A	0.42%
DKNG	B	0.4%
PYPL	B	0.4%
WING	D	0.39%
SFM	A	0.38%
FND	D	0.37%
BBY	D	0.36%
SYY	D	0.35%
STZ	D	0.34%
CAVA	B	0.32%
KMX	B	0.31%
PLNT	A	0.29%
BJ	A	0.28%
TPR	B	0.27%
USFD	A	0.26%
LYV	A	0.24%
PG	C	0.24%
EXPE	B	0.24%
EBAY	D	0.23%
ROL	B	0.22%
OLLI	D	0.22%
PFGC	B	0.2%
SCI	B	0.2%
TOST	B	0.2%
CHDN	B	0.2%
LAD	A	0.19%
UPS	C	0.19%
BBWI	C	0.19%
TSN	B	0.18%
CCL	A	0.18%
GPC	D	0.18%
WH	B	0.17%
TOL	B	0.16%
FIVE	F	0.16%
MUSA	B	0.16%
RH	C	0.16%
FRPT	A	0.15%
ACI	C	0.15%
HST	C	0.15%
PINS	F	0.15%
POOL	C	0.15%
MTN	C	0.15%
ARMK	B	0.15%
GME	C	0.15%
VFC	C	0.14%
CZR	F	0.14%
MGM	D	0.14%
TPX	B	0.14%
NCLH	B	0.14%
GDDY	A	0.14%
GAP	C	0.14%
SKX	D	0.14%
H	B	0.13%
HRB	D	0.13%
TTWO	A	0.13%
ELF	C	0.13%
CL	D	0.13%
ANF	F	0.13%
ASO	F	0.12%
RL	C	0.12%
SHAK	C	0.12%
BOOT	C	0.12%
OMC	C	0.12%
EAT	A	0.12%
CROX	D	0.12%
VVV	D	0.11%
BYD	B	0.11%
FDX	B	0.11%
MKC	C	0.11%
DUOL	A	0.11%
LUV	C	0.11%
KTB	B	0.11%
TKO	A	0.1%
AN	C	0.1%
ABG	C	0.1%
CHH	A	0.1%
Z	A	0.1%
CHE	D	0.1%
W	D	0.1%
SIG	B	0.1%
GWW	B	0.09%
RHP	B	0.09%
MAS	D	0.09%
AEO	F	0.09%
M	F	0.09%
SHOO	F	0.09%
HOOD	B	0.09%
SJM	D	0.08%
SNAP	D	0.08%
JWN	D	0.08%
HSIC	C	0.08%
ALK	B	0.08%
BFAM	D	0.08%
URBN	C	0.08%
IPG	D	0.08%
WEN	D	0.08%
UAL	A	0.08%
CBOE	C	0.07%
CLX	A	0.07%
BLD	D	0.07%
FLO	D	0.07%
AFRM	A	0.07%
FUN	C	0.07%
MSGS	A	0.07%
AAP	D	0.07%
UHAL	D	0.07%
FCFS	F	0.07%
KSS	F	0.07%
SITE	F	0.07%
LNW	F	0.07%
LYFT	C	0.07%
WBA	F	0.06%
PZZA	F	0.06%
CPRI	F	0.06%
LANC	C	0.06%
CNK	C	0.06%
CAG	F	0.06%
FL	F	0.06%
IT	C	0.06%
NYT	D	0.06%
FOUR	A	0.06%
TNL	A	0.06%
AAL	B	0.06%
RHI	C	0.06%
GEN	B	0.06%
RRR	F	0.06%
CRI	F	0.05%
LAMR	C	0.05%
HAS	D	0.05%
LW	C	0.05%

IEDI Underweight 29 Positions Relative to WBIL

Symbol	Grade	Weight
SCHW	B	-5.19%
CRWD	B	-4.95%
AMP	A	-4.93%
AAPL	C	-4.79%
MRVL	B	-4.54%
FI	A	-4.35%
LULU	C	-4.23%
TPL	A	-4.13%
CRM	B	-4.06%
URI	C	-3.61%
NVDA	B	-3.46%
BX	A	-2.73%
FICO	B	-2.23%
BR	A	-2.17%
PWR	A	-2.11%
RMD	C	-1.88%
PANW	B	-1.75%
TYL	B	-1.74%
EME	A	-1.46%
PH	A	-1.02%
PAYX	B	-1.0%
SPOT	B	-0.98%
TT	A	-0.87%
AGZD	A	-0.74%
FLTR	A	-0.73%
FALN	A	-0.72%
FTSL	A	-0.67%
STIP	C	-0.52%
BKLN	A	-0.32%