IXP vs. DUSA ETF Comparison

Comparison of iShares Global Telecom ETF (IXP) to Davis Select U.S. Equity ETF (DUSA)

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications 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 S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.05

Average Daily Volume

13,635

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DUSA

Davis Select U.S. Equity ETF

DUSA Description

The investment seeks long-term capital growth and capital preservation. Under normal market conditions, the fund will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by U.S. companies. The fund's portfolio, generally, contains between 15 and 35 companies. It may invest a portion of its assets in financial services companies. The fund may also invest in mid- and small-capitalization companies, which the manager considers to be those companies with less than $10 billion in market capitalization. It may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.62

Average Daily Volume

28,575

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IXP	DUSA
30 Days	-0.51%	-0.40%
60 Days	2.37%	2.32%
90 Days	7.35%	9.57%
12 Months	34.06%	36.90%

2 Overlapping Holdings

	Symbol	Grade	Weight in IXP	Weight in DUSA	Overlap
	GOOG	A	11.79%	4.53%	4.53%
	META	B	22.05%	11.76%	11.76%

IXP Overweight 23 Positions Relative to DUSA

Symbol	Grade	Weight
GOOGL	A	13.94%
DIS	B	4.53%
NFLX	D	4.52%
VZ	D	4.18%
CMCSA	D	3.88%
T	C	2.88%
TMUS	B	2.09%
EA	D	0.77%
BIDU	F	0.68%
CHTR	F	0.64%
TTWO	F	0.58%
OMC	A	0.45%
WBD	D	0.45%
CHT	C	0.36%
LYV	D	0.33%
IPG	D	0.29%
NWSA	C	0.23%
MTCH	F	0.21%
FOXA	A	0.18%
PARA	D	0.12%
FOX	A	0.09%
VIV	D	0.08%
NWS	C	0.07%

IXP Underweight 19 Positions Relative to DUSA

Symbol	Grade	Weight
COF	A	-10.12%
BRK.A	C	-9.62%
AMZN	B	-8.48%
WFC	A	-5.85%
HUM	D	-4.99%
MKL	C	-4.59%
MGM	D	-4.31%
VTRS	C	-4.3%
AMAT	D	-4.16%
CI	A	-4.13%
USB	C	-3.92%
OC	A	-3.58%
BK	A	-3.42%
JPM	B	-3.1%
DGX	A	-2.62%
INTC	F	-1.57%
AXP	A	-1.25%
TXN	D	-0.93%
AGCO	B	-0.8%