IYZ vs. SMDY ETF Comparison

Comparison of iShares U.S. Telecommunications ETF (IYZ) to Syntax Stratified MidCap ETF (SMDY)

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

$25.95

Average Daily Volume

644,199

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMDY

Syntax Stratified MidCap ETF

SMDY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies comprising the Syntax Stratified MidCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 95%, of its total assets in the securities comprising the index. The index, which was created by Syntax LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.16

Average Daily Volume

525

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IYZ	SMDY
30 Days	1.41%	0.32%
60 Days	10.41%	0.23%
90 Days	16.33%	3.92%
12 Months	24.01%	21.05%

4 Overlapping Holdings

Symbol	Grade	Weight in IYZ	Weight in SMDY	Overlap
CIEN	B	4.18%	1.38%	1.38%
FYBR	A	3.48%	1.28%	1.28%
IRDM	B	3.77%	1.09%	1.09%
LITE	A	4.13%	1.36%	1.36%

IYZ Overweight 15 Positions Relative to SMDY

Symbol	Grade	Weight
CSCO	B	17.11%
VZ	D	13.74%
T	A	12.65%
CMCSA	A	4.7%
UI	A	4.65%
TMUS	B	4.41%
ANET	B	4.38%
LBRDK	A	4.15%
MSI	B	3.93%
CHTR	B	3.62%
JNPR	A	3.56%
ROKU	D	3.21%
LBTYK	A	1.8%
LBTYA	B	1.79%
LBRDA	A	0.62%

IYZ Underweight 6 Positions Relative to SMDY

Symbol	Grade	Weight
SMG	A	-1.79%
COTY	F	-1.59%
DOCS	A	-1.37%
HR	D	-1.2%
ZD	F	-0.98%
DT	B	-0.82%

IYZ: Top Represented Industries & Keywords

Industries: Pay TV Communication Equipment Telecom Services Computer Systems