IVEG vs. NBSM ETF Comparison

Comparison of iShares Emergent Food and AgTech Multisector ETF (IVEG) to Neuberger Berman Small-Mid Cap ETF (NBSM)

IVEG

iShares Emergent Food and AgTech Multisector ETF

IVEG Description

The fund invests at least 80% of its assets in the securities of its index and in investments that have economic characteristics that are substantially identical to the securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$20.34

Average Daily Volume

1,450

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

$25.81

Average Daily Volume

23,309

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVEG	NBSM
30 Days	5.99%	4.88%
60 Days	3.43%
90 Days	7.11%
12 Months	5.76%

0 Overlapping Holdings

	Symbol	Grade	Weight in IVEG	Weight in NBSM	Overlap

IVEG Overweight 19 Positions Relative to NBSM

Symbol	Grade	Weight
CTVA	B	4.86%
IFF	A	4.73%
WRK	A	4.66%
TRMB	D	4.54%
ECL	A	4.54%
WAT	C	4.29%
K	B	4.23%
DE	B	4.2%
PKG	D	4.07%
IP	B	4.04%
CNHI	D	3.97%
CF	F	3.68%
MOS	F	3.15%
FMC	C	2.94%
AGCO	D	2.59%
SEE	B	1.83%
EXPO	B	1.62%
NEOG	F	0.92%
SHC	F	0.43%

IVEG Underweight 10 Positions Relative to NBSM

Symbol	Grade	Weight
EXP	A	-4.1%
KEX	A	-3.6%
TDW	B	-3.29%
ITT	A	-2.96%
WSO	A	-2.95%
FICO	C	-2.93%
LSCC	F	-2.92%
TSCO	B	-2.85%
TTEK	A	-2.76%
ATR	B	-2.68%

IVEG: Top Represented Industries & Keywords

Industries: Agricultural Inputs Packaging & Containers Diagnostics & Research Farm & Construction Equipment Specialty Chemicals Business Services Packaged Foods Scientific & Technical Instruments