IGV vs. FMCX ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to FMC Excelsior Focus Equity ETF (FMCX)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.56

Average Daily Volume

3,788,468

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.79

Average Daily Volume

409

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	FMCX
30 Days	2.00%	0.66%
60 Days	4.28%	3.21%
90 Days	-1.02%	-0.14%
12 Months	26.65%	17.92%

1 Overlapping Holdings

	Symbol	Grade	Weight in IGV	Weight in FMCX	Overlap
	MSFT	A	9.55%	4.79%	4.79%

IGV Overweight 113 Positions Relative to FMCX

Symbol	Grade	Weight
ORCL	B	9.26%
ADBE	C	8.34%
INTU	C	7.01%
CRM	D	6.77%
NOW	B	4.69%
PANW	B	4.33%
SNPS	B	3.9%
CRWD	A	3.8%
CDNS	B	3.68%
ROP	A	2.54%
ADSK	B	2.09%
PLTR	B	1.96%
WDAY	D	1.9%
FTNT	F	1.68%
DDOG	C	1.54%
FICO	A	1.5%
EA	B	1.43%
HUBS	C	1.28%
ANSS	D	1.22%
TEAM	D	1.09%
TTWO	B	1.09%
MSTR	B	0.96%
PTC	C	0.9%
TYL	B	0.86%
ZS	C	0.71%
SNAP	B	0.7%
ZM	F	0.64%
MANH	B	0.61%
APP	B	0.61%
GEN	B	0.59%
NTNX	C	0.57%
BSY	D	0.5%
DT	F	0.48%
GWRE	A	0.47%
DOCU	D	0.45%
ESTC	C	0.4%
DSGX	C	0.35%
OTEX	D	0.34%
SPSC	B	0.29%
CFLT	F	0.26%
PCOR	D	0.25%
SMAR	B	0.25%
DBX	D	0.24%
AZPN	D	0.24%
ALTR	B	0.23%
QLYS	D	0.22%
CVLT	A	0.22%
IOT	D	0.21%
S	D	0.2%
BILL	F	0.2%
DLB	F	0.2%
VRNS	C	0.2%
PATH	D	0.2%
TENB	D	0.2%
APPF	B	0.2%
MARA	C	0.19%
ACIW	A	0.17%
U	F	0.17%
HCP	A	0.17%
GTLB	F	0.17%
BOX	D	0.16%
CCCS	C	0.16%
QTWO	C	0.15%
WK	F	0.15%
BLKB	D	0.14%
TDC	D	0.14%
IDCC	B	0.13%
FIVN	F	0.13%
ALRM	D	0.13%
CWAN	C	0.12%
AI	C	0.12%
ENV	C	0.12%
ZETA	B	0.11%
PEGA	C	0.11%
DV	D	0.11%
RPD	D	0.1%
VRNT	C	0.1%
BL	D	0.1%
RNG	F	0.1%
PD	C	0.09%
AUR	D	0.09%
LSPD	D	0.09%
FRSH	F	0.09%
RIOT	D	0.09%
PRGS	F	0.09%
BRZE	F	0.08%
AGYS	B	0.08%
NCNO	B	0.08%
RAMP	D	0.08%
YOU	B	0.07%
VERX	B	0.07%
SPT	F	0.07%
VYX	F	0.07%
PWSC	C	0.06%
ZUO	D	0.06%
INTA	C	0.06%
EVBG	C	0.06%
ALKT	C	0.05%
CXM	D	0.05%
MODN	B	0.05%
PRO	D	0.05%
APPN	D	0.05%
ADEA	C	0.05%
BB	F	0.05%
AVPT	A	0.04%
JAMF	F	0.04%
ATEN	D	0.04%
MTTR	D	0.04%
NABL	A	0.04%
ASAN	D	0.04%
SWI	B	0.03%
ETWO	D	0.03%
MLNK	B	0.02%

IGV Underweight 51 Positions Relative to FMCX

Symbol	Grade	Weight
AAPL	B	-6.93%
UNH	D	-6.84%
KKR	B	-6.14%
IAC	F	-5.35%
AMZN	B	-5.01%
GDDY	A	-4.98%
LBRDK	D	-4.24%
LSXMK	F	-4.22%
GGG	D	-3.98%
PYPL	D	-3.9%
MTCH	F	-3.18%
LSXMA	F	-1.79%
GOOGL	A	-1.77%
LBRDA	D	-1.74%
PG	A	-1.3%
PM	A	-1.21%
YUM	D	-1.18%
CMCSA	D	-1.13%
MCD	D	-1.12%
AMGN	B	-1.11%
KEYS	D	-1.06%
VUSB	A	-0.92%
ICSH	A	-0.92%
GILD	C	-0.87%
CL	A	-0.85%
MO	A	-0.84%
ENTG	B	-0.82%
ARWR	C	-0.72%
NKE	C	-0.68%
HON	A	-0.6%
DHR	C	-0.55%
GOOG	A	-0.5%
BAX	D	-0.47%
YUMC	F	-0.42%
MUSA	A	-0.4%
SPGI	B	-0.37%
MTX	B	-0.33%
KEX	B	-0.33%
EQR	A	-0.3%
JPM	B	-0.3%
MUR	D	-0.25%
V	C	-0.21%
FWONK	B	-0.21%
BKNG	A	-0.19%
FLWS	C	-0.15%
GD	B	-0.13%
BATRK	C	-0.11%
PNR	D	-0.1%
FWONA	B	-0.05%
VMEO	D	-0.03%
BATRA	F	-0.02%