IETC vs. CLOU ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Global X Cloud Computing ETF (CLOU)

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology 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 technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.98

Average Daily Volume

37,981

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

CLOU

Global X Cloud Computing ETF

CLOU Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Cloud Computing Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.87

Average Daily Volume

260,400

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	CLOU
30 Days	-2.22%	-4.45%
60 Days	-1.71%	-6.38%
90 Days	1.94%	-10.25%
12 Months	48.29%	21.14%

12 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in CLOU	Overlap
AKAM	D	0.16%	3.37%	0.16%
AMZN	A	8.39%	2.37%	2.37%
CRM	D	5.26%	4.66%	4.66%
DLR	C	0.07%	3.82%	0.07%
DOCN	D	0.04%	5.06%	0.04%
GOOGL	A	2.31%	1.76%	1.76%
IBM	D	1.82%	0.29%	0.29%
MSFT	D	10.15%	2.04%	2.04%
PAYC	F	0.06%	3.64%	0.06%
QLYS	D	0.2%	3.86%	0.2%
WDAY	F	0.19%	4.18%	0.19%
ZM	D	0.38%	3.64%	0.38%

IETC Overweight 138 Positions Relative to CLOU

Symbol	Grade	Weight
AVGO	D	9.04%
NVDA	C	8.56%
ACN	D	5.13%
ORCL	D	3.49%
AAPL	B	2.68%
CSCO	F	2.2%
META	D	2.06%
GOOG	A	1.97%
CDNS	D	1.91%
MSI	A	1.78%
NOW	D	1.5%
ICE	D	1.39%
ADBE	D	1.13%
VRSN	F	1.08%
MANH	D	1.0%
QCOM	B	0.97%
MRVL	D	0.92%
MA	D	0.83%
PH	B	0.79%
AMD	D	0.78%
CDW	D	0.72%
SPGI	C	0.64%
SNOW	F	0.6%
EQIX	F	0.6%
ADP	C	0.58%
FDS	D	0.57%
IT	D	0.51%
TYL	A	0.49%
V	D	0.48%
CRWD	D	0.48%
CSGP	B	0.47%
INTC	F	0.45%
COIN	D	0.42%
PANW	B	0.38%
ANSS	D	0.38%
LMT	A	0.37%
ANET	D	0.36%
DELL	B	0.36%
NET	F	0.35%
SNAP	B	0.31%
NTAP	B	0.29%
MCO	C	0.28%
CPAY	B	0.28%
VRSK	B	0.27%
FIS	B	0.27%
TXN	A	0.27%
BA	F	0.27%
PLTR	D	0.24%
MU	B	0.24%
G	D	0.23%
CME	D	0.23%
UBER	D	0.23%
TTEK	A	0.23%
MMC	C	0.22%
MPWR	B	0.21%
PINS	A	0.21%
BKNG	C	0.21%
SNPS	D	0.2%
BAH	B	0.2%
LRCX	D	0.2%
KLAC	B	0.19%
BSY	A	0.19%
KEYS	D	0.18%
PAYX	C	0.17%
TTD	B	0.17%
GPN	F	0.17%
VRT	B	0.17%
ADSK	D	0.16%
DDOG	C	0.16%
IQV	D	0.15%
NXPI	A	0.15%
FTNT	F	0.15%
QRVO	F	0.15%
SMCI	D	0.15%
TRU	C	0.14%
HPQ	D	0.14%
OMC	B	0.14%
JKHY	D	0.14%
DASH	D	0.14%
NSIT	A	0.13%
ABNB	D	0.13%
HUBS	D	0.13%
CACI	A	0.13%
TER	B	0.12%
IRM	D	0.12%
SLB	F	0.11%
CFLT	F	0.11%
IPG	D	0.11%
SQ	D	0.11%
EBAY	C	0.11%
A	D	0.1%
EA	D	0.1%
VEEV	D	0.1%
ASGN	D	0.09%
FICO	C	0.09%
MSCI	D	0.09%
ROP	D	0.09%
PSTG	C	0.08%
SSNC	C	0.08%
TRMB	D	0.08%
AON	D	0.08%
BR	C	0.07%
NDAQ	B	0.07%
SLAB	D	0.07%
ROK	F	0.07%
LPLA	B	0.06%
CPNG	A	0.06%
SAIC	C	0.06%
BBY	D	0.06%
JNPR	D	0.06%
INTU	C	0.06%
FBIN	D	0.06%
J	D	0.06%
TDY	D	0.05%
MMS	C	0.05%
APPN	F	0.04%
ENPH	F	0.04%
DXC	F	0.04%
OKTA	D	0.04%
CL	A	0.04%
ILMN	F	0.04%
GLW	B	0.03%
MRCY	C	0.03%
SEE	C	0.03%
XYL	A	0.03%
RBLX	C	0.03%
BILL	F	0.03%
ZI	D	0.03%
AMRC	C	0.03%
ROL	A	0.02%
APTV	D	0.02%
RIVN	F	0.01%
TEAM	F	0.01%
TOST	C	0.01%
SMAR	D	0.01%
GDDY	A	0.01%
ALGN	F	0.0%
FTV	D	0.0%

IETC Underweight 22 Positions Relative to CLOU

Symbol	Grade	Weight
WIX	D	-5.22%
PCOR	D	-4.87%
NFLX	C	-4.72%
SHOP	C	-4.29%
TWLO	B	-4.19%
SPSC	B	-3.96%
ZS	F	-3.94%
BOX	F	-3.71%
FIVN	F	-3.57%
WK	F	-3.25%
DBX	F	-3.17%
FRSH	F	-2.86%
EVBG	B	-2.28%
FSLY	F	-1.83%
PUBM	B	-1.58%
HSTM	B	-1.31%
YEXT	F	-1.1%
VMEO	D	-0.92%
VNET	C	-0.44%
BABA	B	-0.36%
KC	C	-0.18%
TWOU	F	-0.03%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Capital Markets Computer Systems Diversified Industrials Scientific & Technical Instruments Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Engineering & Construction Financial Data & Stock Exchanges Specialty Retail Advertising Agencies Aerospace & Defense Credit Services Data Storage