IFRA vs. HWAY ETF Comparison

Comparison of iShares U.S. Infrastructure ETF (IFRA) to Themes US Infrastructure ETF (HWAY)

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.87

Average Daily Volume

306,176

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

HWAY

Themes US Infrastructure ETF

HWAY Description

The index is designed to provide exposure to U.S. companies that have business operations involving the building materials, equipment, logistics, construction, and engineering services used for the development and maintenance of infrastructure projects. It will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.75

Average Daily Volume

400

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IFRA	HWAY
30 Days	7.23%	4.93%
60 Days	9.35%	7.92%
90 Days	12.85%
12 Months	38.77%

59 Overlapping Holdings

Symbol	Grade	Weight in IFRA	Weight in HWAY	Overlap
ACM	B	0.56%	1.02%	0.56%
AGX	B	0.82%	0.13%	0.13%
APG	B	0.55%	0.47%	0.47%
APOG	C	0.66%	0.12%	0.12%
ATI	C	0.48%	0.53%	0.48%
AZEK	A	0.56%	0.46%	0.46%
BCC	B	0.56%	0.38%	0.38%
BLD	D	0.5%	0.74%	0.5%
BLDR	D	0.53%	1.46%	0.53%
BXC	B	0.65%	0.09%	0.09%
CENX	B	0.86%	0.09%	0.09%
CLF	F	0.5%	0.4%	0.4%
CMC	B	0.59%	0.52%	0.52%
CRS	B	0.64%	0.65%	0.64%
CSL	C	0.56%	1.44%	0.56%
CSX	C	0.7%	4.32%	0.7%
EME	A	0.7%	1.65%	0.7%
EXP	B	0.63%	0.67%	0.63%
FIX	A	0.72%	1.16%	0.72%
FLR	B	0.57%	0.68%	0.57%
GBX	A	0.71%	0.15%	0.15%
GLDD	B	0.67%	0.03%	0.03%
GVA	A	0.66%	0.32%	0.32%
HEES	C	0.68%	0.14%	0.14%
J	D	0.49%	1.2%	0.49%
KALU	C	0.59%	0.09%	0.09%
KNF	B	0.63%	0.38%	0.38%
MDU	D	0.36%	0.27%	0.27%
MLI	B	0.68%	0.77%	0.68%
MLM	C	0.58%	2.52%	0.58%
MYRG	B	0.84%	0.17%	0.17%
NSC	B	0.69%	4.21%	0.69%
NUE	C	0.52%	2.47%	0.52%
NVEE	F	0.5%	0.09%	0.09%
NVRI	D	0.33%	0.02%	0.02%
OC	A	0.62%	1.21%	0.62%
OSK	C	0.57%	0.54%	0.54%
POOL	C	0.52%	0.97%	0.52%
PWR	A	0.65%	3.43%	0.65%
ROAD	B	0.77%	0.29%	0.29%
ROCK	C	0.54%	0.16%	0.16%
RS	B	0.56%	1.13%	0.56%
SSD	F	0.53%	0.52%	0.52%
STLD	B	0.62%	1.42%	0.62%
STRL	A	0.83%	0.41%	0.41%
SUM	B	0.67%	0.43%	0.43%
SWX	B	0.55%	0.34%	0.34%
TEX	F	0.52%	0.26%	0.26%
TPC	C	0.63%	0.07%	0.07%
TREX	C	0.57%	0.52%	0.52%
TRN	B	0.6%	0.23%	0.23%
TTEK	F	0.09%	0.78%	0.09%
UNP	C	0.62%	4.15%	0.62%
URI	C	0.62%	3.91%	0.62%
USLM	A	0.91%	0.07%	0.07%
VMC	B	0.6%	2.62%	0.6%
VMI	B	0.63%	0.52%	0.52%
WMS	F	0.46%	0.63%	0.46%
X	B	0.58%	0.64%	0.58%

IFRA Overweight 91 Positions Relative to HWAY

Symbol	Grade	Weight
VST	A	1.23%
DTM	A	0.87%
KNTK	A	0.85%
CEG	C	0.85%
KMI	A	0.83%
WMB	A	0.82%
MGEE	B	0.8%
PRIM	A	0.8%
NRG	B	0.79%
ETR	B	0.79%
OKE	A	0.78%
IDA	A	0.74%
TXNM	A	0.73%
ENLC	A	0.72%
XEL	A	0.72%
CNP	A	0.72%
LMB	B	0.72%
SRE	A	0.72%
ATO	A	0.72%
AEE	A	0.71%
OGS	A	0.71%
CMP	C	0.71%
NI	A	0.71%
PEG	A	0.71%
MSEX	C	0.7%
CPK	A	0.7%
MTZ	B	0.7%
PCG	A	0.69%
BKH	A	0.69%
EVRG	A	0.69%
OGE	A	0.69%
AM	A	0.69%
AWR	B	0.68%
MTRX	B	0.68%
PNW	A	0.68%
PPL	A	0.68%
NWN	A	0.68%
LXFR	C	0.68%
LNT	A	0.67%
ALE	A	0.67%
RYI	C	0.67%
WEC	A	0.67%
SR	A	0.66%
AGR	A	0.66%
UTL	B	0.66%
NWE	B	0.66%
D	C	0.65%
WTRG	B	0.65%
CMS	C	0.65%
EXC	C	0.65%
DTE	C	0.64%
SO	C	0.64%
NWPX	A	0.64%
AWI	A	0.63%
POR	C	0.63%
NGVT	B	0.63%
AVA	A	0.63%
NEE	C	0.62%
EIX	B	0.62%
DUK	C	0.62%
FE	C	0.61%
CWT	C	0.61%
ECVT	C	0.61%
ASTE	C	0.61%
ARTNA	F	0.61%
YORW	F	0.61%
ES	C	0.6%
SJW	F	0.6%
AWK	C	0.6%
AEP	C	0.6%
LPX	B	0.6%
ED	C	0.6%
LXU	B	0.59%
HE	C	0.59%
ASIX	B	0.55%
NFE	D	0.54%
BWMN	C	0.53%
HWKN	B	0.53%
XPEL	B	0.53%
ZEUS	C	0.52%
KOP	C	0.51%
EMN	C	0.51%
AESI	B	0.5%
OLN	F	0.5%
HAYN	A	0.5%
MTUS	C	0.49%
IIIN	C	0.48%
WOR	F	0.47%
WLK	D	0.46%
LYB	F	0.44%
MATV	D	0.33%

IFRA Underweight 38 Positions Relative to HWAY

Symbol	Grade	Weight
EMR	B	-4.96%
DE	B	-4.18%
CAT	B	-4.1%
GWW	B	-3.71%
FAST	B	-3.3%
WAB	B	-2.45%
XYL	D	-2.11%
DOV	A	-1.95%
IEX	C	-1.2%
GGG	B	-1.08%
AA	A	-0.78%
AIT	B	-0.75%
WCC	B	-0.67%
DCI	B	-0.65%
CR	A	-0.62%
UFPI	C	-0.59%
R	B	-0.53%
AGCO	D	-0.46%
WTS	B	-0.45%
VNT	C	-0.44%
ZWS	B	-0.43%
HRI	C	-0.41%
SKY	A	-0.41%
DY	D	-0.41%
ACA	A	-0.38%
MSM	C	-0.27%
VRRM	F	-0.26%
NPO	A	-0.26%
ATKR	D	-0.25%
CVCO	A	-0.22%
AZZ	A	-0.16%
ALG	B	-0.14%
HLIO	B	-0.12%
WS	C	-0.11%
DNOW	B	-0.11%
LNN	B	-0.1%
MRC	B	-0.08%
JBI	F	-0.07%