ITB vs. NBSM ETF Comparison

Comparison of iShares U.S. Home Construction ETF (ITB) to Neuberger Berman Small-Mid Cap ETF (NBSM)

ITB

iShares U.S. Home Construction ETF

ITB Description

The investment seeks to track the investment results of an index composed of U.S. equities in the home construction sector. 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. It seeks to track the investment results of the Dow Jones U.S. Select Home Construction Index (the "underlying index"), which measures the performance of the home construction sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$117.22

Average Daily Volume

1,630,487

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$25.83

Average Daily Volume

10,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITB	NBSM
30 Days	-8.11%	-2.23%
60 Days	-3.02%	-1.42%
90 Days	1.25%	1.81%
12 Months	54.67%

4 Overlapping Holdings

Symbol	Grade	Weight in ITB	Weight in NBSM	Overlap
EXP	B	1.36%	3.89%	1.36%
FND	F	1.55%	1.16%	1.16%
IBP	F	1.48%	1.41%	1.41%
SSD	F	1.07%	1.45%	1.07%

ITB Overweight 40 Positions Relative to NBSM

Symbol	Grade	Weight
DHI	D	14.72%
LEN	D	11.67%
NVR	D	7.99%
PHM	D	7.74%
LOW	B	4.77%
HD	B	4.73%
TOL	C	4.25%
SHW	D	4.23%
BLD	F	3.06%
BLDR	F	2.95%
LII	B	2.77%
MAS	C	2.52%
OC	B	2.22%
TMHC	B	1.96%
MTH	D	1.85%
KBH	D	1.56%
FBIN	C	1.52%
SKY	D	1.3%
MHO	D	1.21%
MHK	D	1.11%
UFPI	C	1.11%
TPH	D	1.05%
TREX	B	0.97%
CVCO	D	0.94%
AZEK	C	0.86%
BECN	B	0.81%
CCS	F	0.71%
GRBK	D	0.64%
LGIH	F	0.59%
LEN	D	0.5%
MBC	B	0.32%
HAYW	A	0.3%
DFH	F	0.25%
BZH	D	0.24%
LEG	F	0.23%
NX	C	0.2%
AMWD	D	0.2%
JELD	F	0.17%
ETD	F	0.09%
ARHS	F	0.07%

ITB Underweight 40 Positions Relative to NBSM

Symbol	Grade	Weight
FICO	B	-3.77%
KEX	C	-3.52%
ITT	C	-3.1%
RYAN	C	-3.09%
WSO	D	-3.08%
TTEK	B	-2.95%
VMI	B	-2.86%
ATR	A	-2.85%
RBC	D	-2.72%
CHE	F	-2.64%
TYL	A	-2.62%
CNX	B	-2.46%
HAE	F	-2.44%
RLI	B	-2.2%
TTC	F	-2.19%
LFUS	D	-2.11%
CBU	A	-2.04%
NDSN	D	-1.98%
GGG	F	-1.98%
ENTG	F	-1.94%
LECO	C	-1.92%
NXST	A	-1.85%
LSCC	C	-1.79%
TXRH	A	-1.79%
ICLR	F	-1.79%
TECH	B	-1.76%
TDW	F	-1.72%
TSCO	D	-1.72%
MKSI	F	-1.7%
POWI	D	-1.66%
CFR	A	-1.66%
SPSC	F	-1.65%
BSY	F	-1.62%
CHD	D	-1.48%
PB	A	-1.46%
ROL	D	-1.45%
BFAM	C	-1.42%
MANH	C	-1.27%
CNM	D	-1.09%
LNT	B	-0.99%