IETC vs. ITAN ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Sparkline Intangible Value ETF (ITAN)

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

$82.22

Average Daily Volume

19,325

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.05

Average Daily Volume

1,878

Number of Holdings ^*

151

* may have additional holdings in another (foreign) market

Performance

Period	IETC	ITAN
30 Days	3.17%	5.34%
60 Days	5.58%	7.33%
90 Days	8.32%	9.71%
12 Months	39.98%	31.35%

35 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in ITAN	Overlap
ACN	C	4.27%	1.58%	1.58%
ADSK	A	0.74%	0.64%	0.64%
AKAM	D	0.15%	0.33%	0.15%
AMZN	C	7.6%	4.72%	4.72%
BAH	F	0.2%	0.4%	0.2%
BBY	D	0.06%	0.45%	0.06%
CACI	D	0.15%	0.35%	0.15%
CRM	B	3.91%	2.09%	2.09%
CSCO	B	1.85%	1.77%	1.77%
DASH	A	0.21%	0.71%	0.21%
DELL	C	0.06%	1.13%	0.06%
EA	A	0.13%	0.55%	0.13%
G	B	0.33%	0.28%	0.28%
GLW	B	0.04%	0.6%	0.04%
GOOG	C	1.39%	2.11%	1.39%
GOOGL	C	2.26%	2.11%	2.11%
IBM	C	2.06%	1.76%	1.76%
ILMN	D	0.05%	0.5%	0.05%
IQV	D	0.13%	0.43%	0.13%
JNPR	F	0.06%	0.4%	0.06%
LMT	D	0.41%	0.38%	0.38%
META	D	1.77%	2.91%	1.77%
NTAP	C	0.84%	0.64%	0.64%
ORCL	B	3.64%	2.38%	2.38%
PANW	C	0.83%	0.89%	0.83%
QCOM	F	1.29%	1.53%	1.29%
QRVO	F	0.07%	0.2%	0.07%
RIVN	F	0.01%	0.23%	0.01%
ROK	B	0.07%	0.45%	0.07%
SNAP	C	0.07%	0.5%	0.07%
SQ	B	0.22%	0.94%	0.22%
SWKS	F	0.14%	0.33%	0.14%
TRU	D	0.17%	0.33%	0.17%
WDAY	B	0.69%	0.67%	0.67%
ZM	B	0.59%	0.51%	0.51%

IETC Overweight 82 Positions Relative to ITAN

Symbol	Grade	Weight
AVGO	D	11.53%
NVDA	C	8.86%
MSFT	F	7.52%
AAPL	C	2.45%
MSI	B	2.42%
NOW	A	2.14%
VRSN	F	2.01%
CDNS	B	1.88%
ICE	C	1.64%
FTNT	C	1.26%
MANH	D	1.25%
ADBE	C	1.15%
GPN	B	1.14%
PH	A	1.01%
MA	C	0.94%
TEAM	A	0.86%
EQIX	A	0.77%
SSNC	B	0.73%
AMD	F	0.7%
ABNB	C	0.66%
TTD	B	0.64%
VRSK	A	0.64%
ANET	C	0.62%
PLTR	B	0.61%
IT	C	0.61%
TYL	B	0.61%
CDW	F	0.57%
MPWR	F	0.52%
ANSS	B	0.41%
MU	D	0.41%
CSGP	D	0.39%
MCO	B	0.35%
CRWD	B	0.35%
KLAC	D	0.34%
MSTR	C	0.34%
COIN	C	0.3%
FDS	B	0.3%
TXN	C	0.29%
UBER	D	0.23%
TTEK	F	0.21%
KEYS	A	0.2%
SNPS	B	0.2%
MMC	B	0.19%
QLYS	C	0.18%
DDOG	A	0.18%
BSY	D	0.17%
LRCX	F	0.16%
HUBS	A	0.15%
PINS	D	0.14%
MSCI	C	0.12%
VRT	B	0.11%
IRM	D	0.1%
CFLT	B	0.1%
SLB	C	0.1%
TER	D	0.1%
IPG	D	0.1%
VEEV	C	0.1%
NDAQ	A	0.09%
NSIT	F	0.09%
INTU	C	0.07%
LPLA	A	0.07%
ADP	B	0.07%
CPNG	D	0.06%
TDY	B	0.06%
CPAY	A	0.06%
SLAB	D	0.06%
CBOE	B	0.06%
FBIN	D	0.06%
DXC	B	0.05%
BILL	A	0.05%
DOCN	D	0.05%
SAIC	F	0.05%
APPN	B	0.04%
CL	D	0.04%
MMS	F	0.04%
GDDY	A	0.02%
ZI	D	0.02%
ENPH	F	0.02%
XYL	D	0.02%
ALGN	D	0.0%
GRAL	C	0.0%
FTV	C	0.0%

IETC Underweight 116 Positions Relative to ITAN

Symbol	Grade	Weight
T	A	-1.63%
WFC	A	-1.56%
TMUS	B	-1.43%
VZ	C	-1.36%
PFE	D	-1.32%
DIS	B	-1.25%
INTC	D	-1.25%
RTX	C	-1.22%
HON	B	-1.21%
MDT	D	-1.15%
PYPL	B	-1.09%
COF	B	-1.08%
CMCSA	B	-1.07%
BMY	B	-1.04%
BA	F	-1.03%
GM	B	-0.97%
CVS	D	-0.96%
GILD	C	-0.9%
NOC	D	-0.88%
MMM	D	-0.88%
FDX	B	-0.86%
CMI	A	-0.85%
TGT	F	-0.83%
F	C	-0.81%
CTSH	B	-0.77%
UAL	A	-0.76%
HPQ	B	-0.74%
ALL	A	-0.74%
CHTR	C	-0.71%
LHX	C	-0.71%
BDX	F	-0.69%
JCI	C	-0.68%
NXPI	D	-0.67%
EBAY	D	-0.66%
GD	F	-0.64%
HPE	B	-0.63%
DAL	C	-0.61%
EXPE	B	-0.59%
CVNA	B	-0.58%
HUM	C	-0.56%
CNC	D	-0.56%
WBD	C	-0.55%
WDC	D	-0.55%
PRU	A	-0.54%
CAH	B	-0.52%
DOCU	A	-0.52%
KR	B	-0.51%
VTRS	A	-0.51%
ZS	C	-0.5%
TWLO	A	-0.49%
NTNX	A	-0.48%
LDOS	C	-0.47%
FFIV	B	-0.46%
DD	D	-0.45%
ZBRA	B	-0.45%
BAX	D	-0.45%
DGX	A	-0.44%
LH	C	-0.44%
TRMB	B	-0.43%
OKTA	C	-0.42%
ACM	A	-0.42%
J	F	-0.41%
PSTG	D	-0.4%
BIIB	F	-0.4%
AAL	B	-0.4%
CIEN	B	-0.39%
DVA	B	-0.38%
EXAS	D	-0.38%
TPR	B	-0.38%
JLL	D	-0.37%
ROKU	D	-0.37%
DBX	B	-0.37%
JBL	B	-0.37%
LYFT	C	-0.36%
IP	B	-0.36%
EMN	D	-0.35%
NWSA	B	-0.34%
LUMN	C	-0.32%
ALLY	C	-0.32%
ACI	C	-0.31%
JAZZ	B	-0.3%
TAP	C	-0.3%
ELAN	D	-0.29%
SWK	D	-0.29%
TXT	D	-0.29%
U	C	-0.29%
PARA	C	-0.28%
ANF	C	-0.28%
ETSY	D	-0.28%
W	F	-0.28%
WBA	F	-0.27%
MASI	A	-0.27%
WHR	B	-0.27%
BOX	B	-0.26%
HAS	D	-0.26%
FAF	A	-0.26%
BIO	D	-0.25%
ALK	C	-0.25%
MTCH	D	-0.24%
FLS	B	-0.24%
MAT	D	-0.24%
IVZ	B	-0.24%
GAP	C	-0.23%
NOV	C	-0.23%
UAA	C	-0.23%
PATH	C	-0.23%
DOX	D	-0.23%
ARW	D	-0.23%
RHI	B	-0.22%
BWA	D	-0.22%
HRB	D	-0.21%
AGCO	D	-0.2%
HOG	D	-0.2%
M	D	-0.16%
RUN	F	-0.14%
XRAY	F	-0.14%

IETC: Top Represented Industries & Keywords

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