IETC vs. FRTY ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Alger Mid Cap 40 ETF (FRTY)

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

$68.02

Average Daily Volume

37,051

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

FRTY

Alger Mid Cap 40 ETF

FRTY Description

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.80

Average Daily Volume

11,393

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	FRTY
30 Days	-3.90%	0.03%
60 Days	-4.33%	-2.74%
90 Days	1.29%	8.40%
12 Months	48.89%	30.59%

14 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in FRTY	Overlap
CRWD	D	0.47%	2.24%	0.47%
DDOG	C	0.17%	1.75%	0.17%
MANH	F	0.99%	4.24%	0.99%
MPWR	C	0.2%	2.55%	0.2%
MU	B	0.24%	2.64%	0.24%
OKTA	D	0.04%	2.77%	0.04%
PINS	A	0.18%	1.69%	0.18%
PLTR	D	0.23%	1.08%	0.23%
PSTG	C	0.08%	0.63%	0.08%
RBLX	C	0.03%	1.46%	0.03%
SMCI	D	0.17%	1.94%	0.17%
SNOW	D	0.59%	1.5%	0.59%
SQ	D	0.12%	1.04%	0.12%
VRT	A	0.17%	5.22%	0.17%

IETC Overweight 136 Positions Relative to FRTY

Symbol	Grade	Weight
MSFT	C	10.1%
AVGO	D	9.47%
NVDA	C	8.43%
AMZN	A	8.07%
CRM	D	5.25%
ACN	F	5.19%
ORCL	D	3.52%
AAPL	C	2.46%
GOOGL	A	2.37%
CSCO	F	2.23%
GOOG	A	2.02%
META	D	2.01%
CDNS	D	1.91%
IBM	D	1.83%
MSI	A	1.73%
NOW	D	1.51%
ICE	D	1.39%
VRSN	F	1.13%
ADBE	D	1.11%
MRVL	D	0.93%
QCOM	A	0.89%
MA	D	0.87%
AMD	D	0.82%
PH	C	0.81%
CDW	F	0.79%
EQIX	F	0.63%
SPGI	C	0.62%
ADP	D	0.59%
FDS	D	0.56%
IT	D	0.54%
V	D	0.49%
TYL	A	0.48%
INTC	F	0.47%
CSGP	C	0.47%
COIN	D	0.44%
NET	F	0.41%
ANSS	D	0.4%
ZM	F	0.38%
LMT	B	0.37%
PANW	B	0.37%
DELL	B	0.36%
ANET	D	0.34%
CPAY	B	0.29%
MCO	C	0.28%
SNAP	B	0.28%
NTAP	C	0.28%
TXN	A	0.27%
FIS	C	0.26%
VRSK	C	0.25%
BA	D	0.25%
UBER	D	0.23%
CME	D	0.23%
MMC	D	0.22%
TTEK	A	0.22%
G	D	0.22%
LRCX	D	0.21%
BKNG	C	0.21%
BAH	B	0.2%
SNPS	D	0.2%
QLYS	D	0.2%
WDAY	D	0.19%
GPN	F	0.19%
KLAC	B	0.19%
BSY	B	0.19%
KEYS	D	0.18%
QRVO	F	0.18%
PAYX	D	0.17%
DASH	D	0.17%
AKAM	F	0.17%
ADSK	D	0.16%
TTD	B	0.16%
FTNT	F	0.16%
OMC	B	0.15%
IQV	D	0.15%
NXPI	A	0.14%
HPQ	D	0.14%
JKHY	D	0.14%
IRM	D	0.13%
CACI	A	0.13%
ABNB	D	0.13%
HUBS	D	0.13%
TRU	C	0.13%
EBAY	C	0.12%
NSIT	A	0.12%
SLB	F	0.11%
CFLT	D	0.11%
TER	A	0.11%
IPG	F	0.11%
MSCI	F	0.1%
ROP	F	0.1%
A	C	0.1%
EA	D	0.1%
VEEV	D	0.1%
AON	F	0.09%
FICO	D	0.09%
ASGN	D	0.09%
TRMB	D	0.09%
SSNC	C	0.08%
FBIN	D	0.07%
BR	C	0.07%
DLR	B	0.07%
PAYC	F	0.07%
NDAQ	B	0.07%
SLAB	D	0.07%
ROK	F	0.07%
SAIC	D	0.06%
CPNG	A	0.06%
JNPR	D	0.06%
BBY	D	0.06%
INTU	C	0.06%
J	B	0.06%
ILMN	F	0.05%
TDY	D	0.05%
MMS	C	0.05%
LPLA	A	0.05%
ENPH	F	0.04%
CL	A	0.04%
APPN	F	0.04%
DOCN	D	0.04%
DXC	F	0.04%
MRCY	D	0.03%
XYL	A	0.03%
ZI	C	0.03%
AMRC	C	0.03%
BILL	F	0.03%
APTV	D	0.02%
ROL	B	0.02%
GLW	B	0.02%
SEE	C	0.02%
RIVN	F	0.01%
TEAM	F	0.01%
TOST	D	0.01%
SMAR	D	0.01%
GDDY	A	0.01%
ALGN	F	0.0%
FTV	F	0.0%

IETC Underweight 25 Positions Relative to FRTY

Symbol	Grade	Weight
HEI	A	-4.16%
SHAK	A	-4.16%
NTRA	A	-4.04%
DKNG	D	-3.06%
APPF	C	-3.04%
BURL	D	-3.03%
TDG	A	-2.88%
RRX	D	-2.85%
CABA	F	-2.83%
SAIA	F	-2.55%
PCVX	D	-2.39%
SPOT	B	-2.24%
OSCR	A	-2.06%
ELF	D	-2.0%
PTC	D	-1.75%
S	D	-1.64%
MDGL	D	-1.63%
MELI	C	-1.51%
APO	D	-1.44%
IRTC	C	-1.33%
VLTO	A	-1.26%
NVR	D	-1.23%
OLED	C	-0.99%
SRPT	B	-0.97%
FOUR	F	-0.95%

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