IWTR vs. BEDZ ETF Comparison

Comparison of iShares MSCI Water Management Multisector ETF (IWTR) to AdvisorShares Hotel ETF (BEDZ)

IWTR

iShares MSCI Water Management Multisector ETF

IWTR Description

The iShares MSCI Water Management Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that either 1) derive a proportion of their revenues from sustainable water products or services or 2) demonstrate relative efficiency in their water management.

Grade (RS Rating)

Last Trade

$30.38

Average Daily Volume

262

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BEDZ

AdvisorShares Hotel ETF

BEDZ Description

The investment seeks long-term capital appreciation. The fund is an actively ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the hotel business. It may also invest in companies involved in other lodging and travel-related services. The fund invests primarily in U.S. exchange listed equity securities, including common and preferred stock and ?ADRs. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.43

Average Daily Volume

443

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWTR	BEDZ
30 Days	-0.48%	-4.60%
60 Days	1.50%	-2.23%
90 Days	5.56%	1.76%
12 Months	11.39%	17.97%

2 Overlapping Holdings

	Symbol	Grade	Weight in IWTR	Weight in BEDZ	Overlap
	HLT	C	4.45%	3.81%	3.81%
	MAR	D	5.88%	4.71%	4.71%

IWTR Overweight 15 Positions Relative to BEDZ

Symbol	Grade	Weight
XYL	A	6.96%
TXN	A	5.78%
ECL	B	5.49%
DEO	F	4.98%
CNM	A	4.86%
AWK	B	4.3%
BMI	A	3.01%
WTS	C	3.01%
FELE	D	2.32%
ZWS	D	2.02%
MKC	B	1.71%
AWR	C	1.57%
K	B	1.39%
CCEP	A	1.29%
ERII	D	0.31%

IWTR Underweight 25 Positions Relative to BEDZ

Symbol	Grade	Weight
TCOM	A	-5.86%
XHR	D	-4.72%
EXPE	D	-4.71%
BKNG	D	-4.7%
TH	B	-4.58%
RHP	D	-4.55%
TRIP	C	-4.55%
PK	D	-4.5%
APLE	D	-4.44%
HST	D	-4.41%
BYD	F	-4.38%
MGM	F	-4.08%
VICI	C	-3.88%
RLJ	D	-3.71%
WH	D	-3.54%
PLYA	C	-3.34%
RCL	A	-3.12%
GLPI	F	-3.05%
H	C	-2.4%
IHG	D	-2.25%
HGV	D	-2.17%
ABNB	C	-1.82%
HTHT	B	-1.65%
GHG	D	-1.56%
MCRI	C	-1.48%

BEDZ: Top Represented Industries & Keywords

Industries: Lodging REIT - Hotel & Motel Resorts & Casinos Leisure REIT - Diversified Conglomerates Internet Content & Information Travel Services