IETC vs. TRFM ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to AAM Transformers ETF (TRFM)

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

TRFM

AAM Transformers ETF

TRFM Description

AAM Transformers ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Advisors Asset Management, Inc. and Vident Investment Advisory, LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across aerospace & defense, electronic components, IT consulting & other services, alternative carriers, electronic equipment & instruments, oil & gas refining & marketing, application software, heavy electrical equipment, independent power and renewable electricity producers, automobile manufacturers, hotels, resorts & cruise lines and leisure, semiconductors and semiconductor equipment, communications equipment, industrial machinery, consumer electronics, interactive home entertainment, specialty chemicals, copper, interactive media & services, systems software, data processing & outsourced services, internet & direct marketing retail, technology hardware and equipment, storage & peripherals, electrical components & equipment, internet services & infrastructure, trucking, communication services, media and entertainment, telecommunication services, diversified telecommunication services, consumer discretionary, automobiles and components, consumer durables and apparel, household durables, consumer services, retailing, energy, oil, gas and consumable fuels, industrials, capital goods, machinery, transportation, road and rail, information technology, software and services, IT services, materials, chemicals, metals and mining, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Pence Transformers Index, by using full replication technique. AAM Transformers ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$39.23

Average Daily Volume

3,017

Number of Holdings ^*

173

* may have additional holdings in another (foreign) market

Performance

Period	IETC	TRFM
30 Days	3.17%	11.72%
60 Days	5.58%	14.86%
90 Days	8.32%	16.44%
12 Months	39.98%	37.14%

47 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in TRFM	Overlap
AAPL	C	2.42%	0.79%	0.79%
ABNB	C	0.66%	0.64%	0.64%
ACN	C	4.24%	0.53%	0.53%
ADBE	C	1.19%	0.74%	0.74%
ADSK	A	0.71%	0.68%	0.68%
AMD	F	0.7%	0.81%	0.7%
AMZN	C	8.02%	0.98%	0.98%
ANET	C	0.58%	0.69%	0.58%
AVGO	D	11.87%	1.0%	1.0%
BILL	A	0.04%	0.41%	0.04%
CDNS	B	1.84%	0.67%	0.67%
CFLT	B	0.09%	0.37%	0.09%
CPAY	A	0.06%	0.67%	0.06%
CPNG	D	0.06%	0.64%	0.06%
CRM	B	3.82%	1.1%	1.1%
CRWD	B	0.33%	0.78%	0.33%
DASH	A	0.21%	0.77%	0.21%
DDOG	A	0.16%	0.65%	0.16%
FTNT	C	1.25%	0.71%	0.71%
FTV	C	0.0%	0.59%	0.0%
GOOGL	C	2.34%	0.93%	0.93%
HUBS	A	0.14%	0.78%	0.14%
IBM	C	1.92%	0.83%	0.83%
INTU	C	0.07%	0.89%	0.07%
KLAC	D	0.34%	0.5%	0.34%
LRCX	F	0.16%	0.55%	0.16%
MA	C	0.95%	0.86%	0.86%
META	D	1.79%	0.91%	0.91%
MPWR	F	0.52%	0.41%	0.41%
MSFT	F	7.7%	0.83%	0.83%
MU	D	0.39%	0.63%	0.39%
NOW	A	2.11%	0.99%	0.99%
NVDA	C	8.78%	1.12%	1.12%
ORCL	B	3.5%	1.05%	1.05%
PANW	C	0.82%	0.94%	0.82%
PINS	D	0.14%	0.56%	0.14%
RIVN	F	0.01%	0.23%	0.01%
SLAB	D	0.06%	0.25%	0.06%
SNAP	C	0.07%	0.33%	0.07%
SNPS	B	0.2%	0.66%	0.2%
SQ	B	0.2%	0.76%	0.2%
TEAM	A	0.84%	0.77%	0.77%
TER	D	0.1%	0.22%	0.1%
TXN	C	0.3%	0.82%	0.3%
TYL	B	0.63%	0.58%	0.58%
UBER	D	0.23%	0.8%	0.23%
WDAY	B	0.69%	0.59%	0.59%

IETC Overweight 70 Positions Relative to TRFM

Symbol	Grade	Weight
MSI	B	2.4%
VRSN	F	1.99%
CSCO	B	1.85%
ICE	C	1.6%
GOOG	C	1.44%
QCOM	F	1.35%
MANH	D	1.28%
GPN	B	1.12%
PH	A	0.99%
NTAP	C	0.78%
EQIX	A	0.74%
SSNC	B	0.71%
VRSK	A	0.64%
IT	C	0.62%
TTD	B	0.62%
ZM	B	0.6%
PLTR	B	0.58%
CDW	F	0.57%
LMT	D	0.41%
ANSS	B	0.4%
CSGP	D	0.37%
MCO	B	0.35%
G	B	0.32%
FDS	B	0.3%
MSTR	C	0.28%
COIN	C	0.28%
TTEK	F	0.21%
BAH	F	0.2%
KEYS	A	0.18%
MMC	B	0.18%
BSY	D	0.17%
QLYS	C	0.17%
TRU	D	0.17%
CACI	D	0.15%
AKAM	D	0.14%
IQV	D	0.13%
SWKS	F	0.13%
MSCI	C	0.12%
EA	A	0.12%
VEEV	C	0.11%
NSIT	F	0.1%
IPG	D	0.1%
NDAQ	A	0.09%
IRM	D	0.09%
VRT	B	0.09%
SLB	C	0.09%
ADP	B	0.07%
ROK	B	0.07%
TDY	B	0.06%
CBOE	B	0.06%
DELL	C	0.06%
JNPR	F	0.06%
LPLA	A	0.06%
QRVO	F	0.06%
BBY	D	0.06%
FBIN	D	0.06%
DOCN	D	0.05%
MMS	F	0.05%
ILMN	D	0.05%
SAIC	F	0.05%
CL	D	0.04%
APPN	B	0.04%
DXC	B	0.04%
GLW	B	0.03%
ZI	D	0.02%
ENPH	F	0.02%
XYL	D	0.02%
GDDY	A	0.01%
ALGN	D	0.0%
GRAL	C	0.0%

IETC Underweight 126 Positions Relative to TRFM

Symbol	Grade	Weight
APP	B	-1.83%
TSLA	B	-1.22%
VST	B	-1.06%
ETN	A	-1.02%
AXON	A	-0.92%
GEV	B	-0.92%
V	A	-0.86%
SHOP	B	-0.84%
RKLB	B	-0.82%
ZS	C	-0.74%
FICO	B	-0.74%
MRVL	B	-0.74%
EMR	A	-0.72%
HWM	A	-0.69%
NET	B	-0.68%
SE	B	-0.67%
SNOW	C	-0.66%
APH	A	-0.66%
RBLX	C	-0.66%
AME	A	-0.65%
IOT	A	-0.65%
TCOM	B	-0.64%
TTWO	A	-0.63%
HEI	B	-0.6%
PDD	F	-0.6%
RDDT	B	-0.59%
GFS	C	-0.58%
MDB	C	-0.58%
TSM	B	-0.58%
TDG	D	-0.57%
ARM	D	-0.56%
STX	D	-0.55%
SAP	B	-0.53%
ABBV	D	-0.51%
ZK	D	-0.49%
FSLR	F	-0.48%
MELI	D	-0.48%
BA	F	-0.48%
CLSK	C	-0.47%
CRDO	B	-0.47%
ASML	F	-0.44%
LITE	B	-0.43%
PAY	B	-0.43%
TOST	B	-0.43%
LYFT	C	-0.41%
MARA	C	-0.41%
XPEV	C	-0.4%
GTLS	B	-0.39%
SITM	B	-0.39%
COHR	B	-0.38%
GRAB	B	-0.38%
RBRK	A	-0.37%
BILI	D	-0.36%
AFRM	B	-0.36%
VERX	B	-0.36%
RMBS	C	-0.36%
GNRC	B	-0.35%
FOUR	B	-0.34%
MTSI	B	-0.34%
PCOR	B	-0.34%
BE	B	-0.34%
EXLS	B	-0.33%
GLBE	B	-0.33%
GDS	C	-0.33%
NVT	B	-0.32%
S	B	-0.32%
CWAN	B	-0.32%
AI	B	-0.32%
ALKT	B	-0.32%
AVAV	D	-0.31%
AGYS	A	-0.31%
IPGP	D	-0.31%
HUBB	B	-0.31%
GLOB	B	-0.31%
LI	F	-0.31%
FLYW	C	-0.31%
SMTC	B	-0.31%
BMI	B	-0.3%
ERJ	B	-0.3%
PTC	A	-0.3%
PI	D	-0.3%
ITT	A	-0.3%
NTNX	A	-0.3%
AEIS	B	-0.3%
MNDY	C	-0.29%
SMCI	F	-0.29%
GTLB	B	-0.29%
FROG	C	-0.29%
WWD	B	-0.28%
FLNC	C	-0.28%
CLBT	B	-0.28%
DCI	B	-0.28%
CYBR	B	-0.28%
AMBA	B	-0.28%
EVTC	B	-0.28%
BZ	F	-0.28%
APPF	B	-0.27%
NDSN	B	-0.27%
DT	C	-0.27%
SMAR	A	-0.27%
DLO	C	-0.27%
CGNX	C	-0.27%
POWI	D	-0.27%
ORA	B	-0.27%
ASX	D	-0.27%
ENS	D	-0.26%
AY	B	-0.26%
BRZE	C	-0.26%
SYNA	C	-0.26%
ENTG	D	-0.25%
SPSC	C	-0.25%
HCP	B	-0.25%
STNE	F	-0.24%
ALGM	D	-0.24%
FORM	D	-0.24%
AIN	C	-0.24%
OLED	D	-0.23%
SPR	D	-0.23%
ONTO	D	-0.23%
NIO	F	-0.23%
PAGS	F	-0.22%
AES	F	-0.21%
UMC	F	-0.21%
MQ	F	-0.2%
ZETA	D	-0.18%
RUN	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

TRFM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Aerospace & Defense Semiconductor Equipment & Materials Information Technology Services Auto Manufacturers Diversified Industrials Electronic Components Internet Content & Information Scientific & Technical Instruments Business Services Internet Content & Information Specialty Retail Utilities - Independent Power Producers Communication Equipment Credit Services Data Storage Electronic Gaming & Multimedia Internet Retail