IYG vs. DFNL ETF Comparison

Comparison of iShares U.S. Financial Services ETF (IYG) to Davis Select Financial ETF (DFNL)

IYG

iShares U.S. Financial Services ETF

IYG Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial services 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. Financial Services Index (the "underlying index"), which measures the performance of the financial services sector of the U.S. equity market. It is a subset of the Dow Jones U.S. Financials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.42

Average Daily Volume

69,825

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.06

Average Daily Volume

10,195

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IYG	DFNL
30 Days	-3.04%	-1.41%
60 Days	1.93%	3.31%
90 Days	7.15%	7.03%
12 Months	23.95%	19.49%

15 Overlapping Holdings

Symbol	Grade	Weight in IYG	Weight in DFNL	Overlap
AXP	A	2.56%	4.59%	2.56%
BAC	A	5.05%	2.46%	2.46%
BK	B	0.86%	5.12%	0.86%
BRK.A	C	15.05%	7.53%	7.53%
COF	A	1.09%	9.43%	1.09%
FITB	A	0.48%	5.19%	0.48%
JPM	B	10.84%	6.3%	6.3%
MTB	B	0.46%	1.46%	0.46%
PNC	A	1.23%	4.52%	1.23%
RKT	D	0.03%	2.31%	0.03%
SCHW	A	2.14%	1.41%	1.41%
STT	B	0.47%	1.45%	0.47%
TFC	A	1.0%	2.75%	1.0%
USB	C	1.33%	4.64%	1.33%
WFC	A	4.17%	5.96%	4.17%

IYG Overweight 87 Positions Relative to DFNL

Symbol	Grade	Weight
V	C	8.95%
MA	C	7.87%
SPGI	C	2.75%
GS	A	2.61%
C	A	2.33%
MS	A	2.22%
BLK	C	2.19%
BX	C	1.82%
ICE	C	1.57%
CME	B	1.55%
KKR	C	1.33%
MCO	C	1.22%
APO	C	0.99%
COIN	B	0.86%
AMP	A	0.85%
MSCI	D	0.85%
DFS	A	0.62%
TROW	B	0.53%
NDAQ	A	0.48%
RJF	A	0.47%
ARES	C	0.46%
HBAN	A	0.4%
LPLA	B	0.4%
FCNCA	A	0.39%
RF	B	0.36%
NTRS	B	0.35%
SYF	B	0.34%
FDS	D	0.33%
CFG	A	0.32%
KEY	A	0.28%
EQH	A	0.24%
TW	C	0.24%
IBKR	A	0.24%
ALLY	A	0.21%
EWBC	C	0.21%
CG	B	0.2%
HOOD	B	0.19%
MKTX	F	0.17%
MORN	B	0.17%
BEN	D	0.16%
SF	C	0.16%
FHN	B	0.16%
WBS	C	0.16%
SOFI	F	0.15%
VOYA	D	0.15%
JEF	C	0.15%
OWL	A	0.15%
CMA	A	0.14%
SEIC	C	0.14%
CFR	A	0.14%
IVZ	C	0.14%
PNFP	C	0.13%
SSB	C	0.13%
WAL	B	0.13%
HLI	C	0.13%
OMF	A	0.12%
PB	C	0.12%
ESNT	C	0.12%
ZION	B	0.12%
WTFC	C	0.12%
CBSH	A	0.12%
BPOP	C	0.12%
SNV	C	0.11%
MTG	C	0.11%
AMG	B	0.11%
OZK	A	0.1%
SLM	A	0.1%
FNB	B	0.1%
RDN	B	0.1%
FCFS	A	0.1%
JHG	B	0.09%
HOMB	B	0.09%
UBSI	B	0.09%
LAZ	C	0.09%
FFIN	B	0.08%
GBCI	B	0.08%
CACC	C	0.07%
TPG	C	0.07%
UMBF	B	0.07%
FHI	B	0.06%
VLY	D	0.06%
BOKF	A	0.05%
VIRT	A	0.04%
NYCB	F	0.04%
NATL	A	0.03%
TFSL	D	0.01%
UWMC	D	0.01%

IYG Underweight 5 Positions Relative to DFNL

Symbol	Grade	Weight
MKL	B	-5.76%
CB	B	-5.65%
L	B	-3.4%
NTB	A	-1.64%
EG	D	-1.12%