IETC vs. MMLG ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to First Trust Multi-Manager Large Growth ETF (MMLG)

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

$82.77

Average Daily Volume

19,325

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

MMLG

First Trust Multi-Manager Large Growth ETF

MMLG Description

The investment seeks to provide long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities issued by large capitalization companies. Its portfolio will be principally composed of common stocks issued by companies domiciled in the United States, common stocks issued by non-U.S. companies that are principally traded in the United States and ADR. The fund utilizes a multi-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.47

Average Daily Volume

12,050

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	MMLG
30 Days	3.17%	5.74%
60 Days	5.58%	7.34%
90 Days	8.32%	8.66%
12 Months	39.98%	35.13%

33 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in MMLG	Overlap
AAPL	C	2.45%	4.57%	2.45%
ABNB	C	0.66%	0.32%	0.32%
ADBE	C	1.15%	0.64%	0.64%
AMD	F	0.7%	0.29%	0.29%
AMZN	C	7.6%	6.51%	6.51%
ANET	C	0.62%	0.47%	0.47%
AVGO	D	11.53%	1.98%	1.98%
CDNS	B	1.88%	0.54%	0.54%
CDW	F	0.57%	0.4%	0.4%
CRM	B	3.91%	0.9%	0.9%
DASH	A	0.21%	1.85%	0.21%
DDOG	A	0.18%	2.1%	0.18%
EQIX	A	0.77%	0.43%	0.43%
GOOGL	C	2.26%	2.26%	2.26%
HUBS	A	0.15%	0.28%	0.15%
ICE	C	1.64%	1.48%	1.48%
INTU	C	0.07%	0.73%	0.07%
IT	C	0.61%	0.52%	0.52%
KLAC	D	0.34%	0.55%	0.34%
MA	C	0.94%	1.45%	0.94%
META	D	1.77%	4.47%	1.77%
MSFT	F	7.52%	6.68%	6.68%
NOW	A	2.14%	3.93%	2.14%
NVDA	C	8.86%	10.25%	8.86%
PANW	C	0.83%	0.43%	0.43%
PINS	D	0.14%	0.21%	0.14%
QCOM	F	1.29%	0.58%	0.58%
SQ	B	0.22%	1.8%	0.22%
TEAM	A	0.86%	2.14%	0.86%
TXN	C	0.29%	0.29%	0.29%
UBER	D	0.23%	1.87%	0.23%
VEEV	C	0.1%	0.56%	0.1%
WDAY	B	0.69%	0.44%	0.44%

IETC Overweight 84 Positions Relative to MMLG

Symbol	Grade	Weight
ACN	C	4.27%
ORCL	B	3.64%
MSI	B	2.42%
IBM	C	2.06%
VRSN	F	2.01%
CSCO	B	1.85%
GOOG	C	1.39%
FTNT	C	1.26%
MANH	D	1.25%
GPN	B	1.14%
PH	A	1.01%
NTAP	C	0.84%
ADSK	A	0.74%
SSNC	B	0.73%
TTD	B	0.64%
VRSK	A	0.64%
PLTR	B	0.61%
TYL	B	0.61%
ZM	B	0.59%
MPWR	F	0.52%
ANSS	B	0.41%
MU	D	0.41%
LMT	D	0.41%
CSGP	D	0.39%
MCO	B	0.35%
CRWD	B	0.35%
MSTR	C	0.34%
G	B	0.33%
COIN	C	0.3%
FDS	B	0.3%
TTEK	F	0.21%
BAH	F	0.2%
KEYS	A	0.2%
SNPS	B	0.2%
MMC	B	0.19%
QLYS	C	0.18%
BSY	D	0.17%
TRU	D	0.17%
LRCX	F	0.16%
AKAM	D	0.15%
CACI	D	0.15%
SWKS	F	0.14%
EA	A	0.13%
IQV	D	0.13%
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%
NDAQ	A	0.09%
NSIT	F	0.09%
QRVO	F	0.07%
LPLA	A	0.07%
ADP	B	0.07%
SNAP	C	0.07%
ROK	B	0.07%
CPNG	D	0.06%
TDY	B	0.06%
CPAY	A	0.06%
JNPR	F	0.06%
SLAB	D	0.06%
BBY	D	0.06%
DELL	C	0.06%
CBOE	B	0.06%
FBIN	D	0.06%
DXC	B	0.05%
BILL	A	0.05%
DOCN	D	0.05%
ILMN	D	0.05%
SAIC	F	0.05%
GLW	B	0.04%
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%
RIVN	F	0.01%
ALGN	D	0.0%
GRAL	C	0.0%
FTV	C	0.0%

IETC Underweight 44 Positions Relative to MMLG

Symbol	Grade	Weight
NFLX	A	-2.79%
SHOP	B	-2.64%
SE	B	-2.06%
SPOT	B	-1.83%
DXCM	D	-1.69%
NU	C	-1.61%
LLY	F	-1.42%
IOT	A	-1.42%
NET	B	-1.35%
ASML	F	-1.23%
ENTG	D	-1.1%
V	A	-1.09%
OKTA	C	-1.02%
TSLA	B	-0.93%
RARE	D	-0.83%
RBLX	C	-0.79%
CMG	B	-0.75%
LYV	A	-0.65%
SNOW	C	-0.65%
MRK	F	-0.63%
ORLY	B	-0.62%
SHW	A	-0.55%
IR	B	-0.52%
UNH	C	-0.49%
AXP	A	-0.48%
ARES	A	-0.44%
BSX	B	-0.44%
VRTX	F	-0.41%
PTC	A	-0.4%
SPGI	C	-0.4%
KKR	A	-0.4%
COHR	B	-0.39%
BLDR	D	-0.37%
MDB	C	-0.36%
MNST	C	-0.35%
NKE	D	-0.32%
NDSN	B	-0.31%
ACGL	D	-0.3%
EW	C	-0.3%
APH	A	-0.3%
DKNG	B	-0.29%
EL	F	-0.29%
FANG	D	-0.18%
VST	B	-0.13%

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