IWFG vs. SEMI ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWFG) to Columbia Seligman Semiconductor and Technology ETF (SEMI)

IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.75

Average Daily Volume

137

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SEMI

Columbia Seligman Semiconductor and Technology ETF

SEMI Description

SEMI is designed to provide exposure to the broad information technology sector by focusing on pure-play companies related to the semiconductor industry. The fund actively and generally invests in 30-50 high-conviction semiconductor or semiconductor-related firms, as defined by GICS, including those under communication equipment, electronic equipment, technology hardware, storage and peripherals, and software. Additionally, the fund requires at least 25% of its assets be invested in companies in the semiconductor and semiconductor equipment industry. Security selection is done through extensive in-depth research. SEMI is a non-transparent ETF and does not provide daily disclosure of its portfolio holdings unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads, especially during periods of volatility. The fund instead publishes a trading basket daily, which provides a preview of selected holdings without disclosing the actual portfolio.

Grade (RS Rating)

Last Trade

$25.12

Average Daily Volume

3,081

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWFG	SEMI
30 Days	3.05%	-3.12%
60 Days	5.77%	-0.05%
90 Days	7.38%	-4.46%
12 Months	40.12%	24.09%

6 Overlapping Holdings

Symbol	Grade	Weight in IWFG	Weight in SEMI	Overlap
ADI	D	3.09%	4.54%	3.09%
ASML	F	1.48%	3.73%	1.48%
AVGO	D	4.86%	15.31%	4.86%
LRCX	F	1.93%	6.17%	1.93%
NVDA	C	7.83%	20.04%	7.83%
SNPS	B	1.81%	1.87%	1.81%

IWFG Overweight 23 Positions Relative to SEMI

Symbol	Grade	Weight
MSFT	F	11.57%
AMZN	C	7.69%
AAPL	C	5.03%
META	D	4.54%
GOOG	C	4.52%
TT	A	3.49%
SPOT	B	3.22%
MA	C	3.21%
ORLY	B	2.88%
KKR	A	2.77%
ISRG	A	2.74%
MELI	D	2.74%
NFLX	A	2.62%
NOW	A	2.52%
ETN	A	2.48%
ADBE	C	2.35%
CMG	B	2.31%
APH	A	2.26%
INTU	C	2.23%
UBER	D	2.09%
BKNG	A	2.02%
WDAY	B	1.62%
HLT	A	1.57%

IWFG Underweight 22 Positions Relative to SEMI

Symbol	Grade	Weight
TSM	B	-4.9%
AMAT	F	-4.09%
KLAC	D	-3.84%
NXPI	D	-3.7%
MPWR	F	-3.3%
QCOM	F	-3.23%
MRVL	B	-3.19%
AMD	F	-2.85%
MCHP	D	-2.77%
MU	D	-2.57%
ON	D	-2.18%
TER	D	-1.87%
ARM	D	-1.73%
CDNS	B	-1.47%
TXN	C	-1.01%
INTC	D	-0.49%
GFS	C	-0.4%
QRVO	F	-0.32%
WDC	D	-0.31%
SLAB	D	-0.25%
MKSI	C	-0.22%
SWKS	F	-0.21%