IYZ vs. KWEB ETF Comparison

Comparison of iShares U.S. Telecommunications ETF (IYZ) to KraneShares CSI China Internet ETF (KWEB)

IYZ

iShares U.S. Telecommunications ETF

IYZ Description

The investment seeks to track the investment results of an index composed of U.S. 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 Dow Jones U.S. Select Telecommunications Index (the "underlying index"), which measures the performance of the telecommunications sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.63

Average Daily Volume

819,286

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.85

Average Daily Volume

30,869,670

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IYZ	KWEB
30 Days	6.35%	-7.30%
60 Days	11.87%	9.62%
90 Days	18.08%	13.15%
12 Months	32.23%	7.81%

0 Overlapping Holdings

	Symbol	Grade	Weight in IYZ	Weight in KWEB	Overlap

IYZ Overweight 20 Positions Relative to KWEB

Symbol	Grade	Weight
CSCO	B	17.04%
VZ	C	12.54%
T	A	11.76%
UI	A	5.65%
LITE	B	5.18%
TMUS	B	4.42%
CMCSA	B	4.41%
LBRDK	C	4.34%
CIEN	B	4.32%
ANET	C	4.12%
CHTR	C	4.1%
MSI	B	4.06%
IRDM	D	3.59%
ROKU	D	3.5%
JNPR	F	3.31%
FYBR	D	3.19%
SNRE	D	1.49%
LBTYA	B	1.06%
LBTYK	A	1.04%
LBRDA	C	0.65%

IYZ Underweight 16 Positions Relative to KWEB

Symbol	Grade	Weight
BABA	D	-9.61%
PDD	F	-6.04%
BEKE	D	-4.75%
TCOM	B	-4.63%
BILI	D	-3.66%
YMM	C	-3.6%
VIPS	F	-3.38%
BIDU	F	-3.29%
TAL	F	-2.9%
TME	D	-2.87%
QFIN	B	-2.81%
BZ	F	-2.4%
ATHM	D	-1.17%
YY	C	-0.79%
WB	D	-0.48%
IQ	F	-0.42%

IYZ: Top Represented Industries & Keywords

Industries: Pay TV Communication Equipment Telecom Services Computer Systems Other