IETC vs. SKYU ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to ProShares Ultra Cloud Computing (SKYU)

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

$77.94

Average Daily Volume

17,077

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

SKYU

ProShares Ultra Cloud Computing

SKYU Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.07

Average Daily Volume

2,499

Number of Holdings ^*

59

* may have additional holdings in another (foreign) market

Performance

Period	IETC	SKYU
30 Days	2.34%	7.55%
60 Days	3.46%	13.60%
90 Days	3.59%	17.39%
12 Months	46.73%	64.94%

27 Overlapping Holdings

	Symbol	Grade	Weight in IETC	Weight in SKYU	Overlap
	AMZN	C	1.0%	2.59%	1.0%
	ANET	A	1.0%	2.8%	1.0%
	APPN	D	1.0%	0.5%	0.5%
	CFLT	F	1.0%	0.95%	0.95%
	CRM	D	1.0%	1.34%	1.0%
	CRWD	D	1.0%	0.34%	0.34%
	CSCO	B	1.0%	1.78%	1.0%
	DDOG	D	1.0%	0.42%	0.42%
	DELL	C	1.0%	0.97%	0.97%
	DOCN	B	1.0%	1.11%	1.0%
	GOOGL	D	1.0%	2.2%	1.0%
	HUBS	D	1.0%	1.02%	1.0%
	IBM	A	1.0%	3.14%	1.0%
	INTU	C	1.0%	0.47%	0.47%
	MSFT	C	1.0%	2.55%	1.0%
	NOW	A	1.0%	1.66%	1.0%
	NTAP	D	1.0%	1.22%	1.0%
	ORCL	B	1.0%	3.39%	1.0%
	QLYS	F	1.0%	0.37%	0.37%
	SMAR	C	1.0%	0.59%	0.59%
	SNOW	F	1.0%	0.34%	0.34%
	TEAM	D	1.0%	1.32%	1.0%
	TOST	A	1.0%	0.41%	0.41%
	TTD	B	1.0%	0.46%	0.46%
	VEEV	C	1.0%	0.54%	0.54%
	WDAY	D	1.0%	0.52%	0.52%
	ZM	C	1.0%	0.46%	0.46%

IETC Overweight 97 Positions Relative to SKYU

	Symbol	Grade	Weight
	GRAL	F	1.0%
	ALGN	D	1.0%
	FTV	C	1.0%
	RIVN	F	1.0%
	GDDY	C	1.0%
	ZI	D	1.0%
	XYL	D	1.0%
	BILL	D	1.0%
	GLW	B	1.0%
	ENPH	D	1.0%
	LPLA	F	1.0%
	DXC	C	1.0%
	ILMN	C	1.0%
	CL	C	1.0%
	TDY	C	1.0%
	MMS	C	1.0%
	CPNG	A	1.0%
	SNAP	F	1.0%
	SAIC	C	1.0%
	VRT	C	1.0%
	SLAB	D	1.0%
	ADP	B	1.0%
	JNPR	A	1.0%
	HOOD	C	1.0%
	BBY	C	1.0%
	SMCI	F	1.0%
	ROK	F	1.0%
	FBIN	B	1.0%
	CBOE	C	1.0%
	NDAQ	A	1.0%
	SLB	F	1.0%
	QRVO	F	1.0%
	AON	B	1.0%
	EA	D	1.0%
	IPG	C	1.0%
	MSCI	C	1.0%
	MSTR	D	1.0%
	TER	D	1.0%
	NSIT	C	1.0%
	PINS	F	1.0%
	JKHY	C	1.0%
	CACI	B	1.0%
	OMC	B	1.0%
	IQV	D	1.0%
	AKAM	D	1.0%
	DASH	B	1.0%
	LRCX	F	1.0%
	IRM	B	1.0%
	BSY	D	1.0%
	SNPS	D	1.0%
	TRU	B	1.0%
	KEYS	C	1.0%
	SQ	D	1.0%
	KLAC	D	1.0%
	FTNT	B	1.0%
	MMC	C	1.0%
	BAH	B	1.0%
	UBER	C	1.0%
	TTEK	C	1.0%
	G	C	1.0%
	CPAY	C	1.0%
	COIN	F	1.0%
	TXN	C	1.0%
	PLTR	A	1.0%
	MU	F	1.0%
	MCO	A	1.0%
	ANSS	D	1.0%
	CSGP	D	1.0%
	LMT	B	1.0%
	FDS	C	1.0%
	ABNB	D	1.0%
	IT	A	1.0%
	ADSK	C	1.0%
	TYL	C	1.0%
	VRSK	D	1.0%
	CDW	D	1.0%
	SSNC	B	1.0%
	EQIX	B	1.0%
	AMD	D	1.0%
	SPGI	A	1.0%
	MPWR	C	1.0%
	PH	A	1.0%
	MA	B	1.0%
	GPN	D	1.0%
	VRSN	D	1.0%
	MANH	A	1.0%
	ADBE	F	1.0%
	QCOM	F	1.0%
	CDNS	D	1.0%
	META	A	1.0%
	ICE	C	1.0%
	GOOG	D	1.0%
	MSI	B	1.0%
	AAPL	C	1.0%
	ACN	C	1.0%
	NVDA	D	1.0%
	AVGO	C	1.0%

IETC Underweight 32 Positions Relative to SKYU

	Symbol	Grade	Weight
	NTNX	C	-2.78%
	MDB	D	-2.62%
	LUMN	C	-2.13%
	PSTG	F	-1.98%
	NET	D	-1.93%
	GTLB	D	-1.52%
	SHOP	C	-1.47%
	APP	B	-1.35%
	TWLO	C	-1.27%
	WK	D	-1.17%
	HPE	D	-1.16%
	SAP	A	-1.0%
	WIX	D	-0.81%
	FIVN	F	-0.74%
	RNG	D	-0.72%
	BOX	C	-0.51%
	QTWO	B	-0.5%
	PAYC	D	-0.49%
	PANW	C	-0.49%
	OTEX	D	-0.47%
	PCTY	C	-0.47%
	BLKB	C	-0.45%
	DBX	D	-0.44%
	BL	D	-0.43%
	APPF	D	-0.42%
	DOCU	C	-0.42%
	ZS	F	-0.39%
	ASAN	F	-0.37%
	ZUO	F	-0.36%
	SPT	F	-0.33%
	FSLY	D	-0.31%
	ESTC	F	-0.29%

IETC: Top Represented Industries & Keywords

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

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing Work From Home Semiconductor Mobile Devices Software Cloud Infrastructure Operating System Software As A Service Electronics IBD 50 Information Technology Management Integrated Circuits Telecommunications CRM Financial Management Smartphones Software Platform

SKYU: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Communication Equipment Computer Systems Data Storage Internet Content & Information Telecom Services Health Information Services Information Technology Services Specialty Retail

Keywords: Computing Cloud Computing Software As A Service Work From Home Cloud Infrastructure Nasdaq 100 S&P 500 Software Software Development CRM Cloud Applications Customer Relationship Management IBD 50 Information Technology Management Operating System Telecommunications Social Media Big Data Business Intelligence Business Process Management