MADE vs. TBG ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to TBG Dividend Focus ETF (TBG)

MADE

iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.82

Average Daily Volume

6,040

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TBG

TBG Dividend Focus ETF

TBG Description

The fund seeks to achieve its investment objective by investing in equity securities of small-, mid- and large- capitalization companies that the sub-adviser believes have the potential to grow their dividends over time. The fund will invest primarily in companies that have operations in and/or domiciled in the U.S. and that trade on U.S. stock exchanges. In addition, the fund may invest in real estate investment trusts (REITs) and master limited partnerships (MLPs).

Grade (RS Rating)

Last Trade

$32.94

Average Daily Volume

16,577

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	TBG
30 Days	1.93%	1.57%
60 Days	4.58%	3.79%
90 Days	8.42%	8.12%
12 Months		31.67%

2 Overlapping Holdings

	Symbol	Grade	Weight in MADE	Weight in TBG	Overlap
	CMI	A	3.93%	3.72%	3.72%
	LMT	D	1.99%	2.47%	1.99%

MADE Overweight 96 Positions Relative to TBG

Symbol	Grade	Weight
GM	B	4.6%
ETN	B	4.44%
PCAR	C	4.43%
APH	B	4.15%
HON	B	4.11%
AME	A	3.63%
DE	C	3.63%
F	C	3.47%
TT	A	3.21%
PH	B	3.1%
RTX	D	2.7%
ROK	B	2.54%
DOV	B	2.25%
CARR	D	2.19%
FTV	C	2.12%
HUBB	B	1.96%
JCI	B	1.95%
TDY	B	1.85%
FSLR	F	1.55%
SNA	B	1.54%
BA	D	1.37%
GD	D	1.32%
COHR	B	1.29%
TDG	D	1.25%
NOC	D	1.21%
SWK	F	1.09%
NVT	C	1.03%
LECO	C	0.98%
GNRC	B	0.93%
RRX	B	0.91%
AYI	B	0.83%
ALSN	B	0.83%
LHX	B	0.8%
HWM	A	0.78%
FN	C	0.75%
AXON	A	0.73%
TTC	F	0.7%
LII	A	0.69%
ENPH	F	0.64%
PNR	B	0.61%
OSK	C	0.59%
RIVN	F	0.59%
MIDD	D	0.59%
IEX	B	0.59%
MKSI	C	0.58%
MSA	D	0.53%
LFUS	D	0.51%
GGG	B	0.51%
VNT	C	0.49%
THO	C	0.48%
LDOS	C	0.45%
FSS	B	0.45%
BC	F	0.44%
ITRI	B	0.44%
BDC	B	0.41%
AEIS	B	0.35%
AAON	B	0.34%
ENS	D	0.33%
HOG	F	0.31%
CR	A	0.31%
ESE	B	0.3%
AOS	F	0.3%
JBT	A	0.29%
CW	B	0.26%
SPXC	A	0.26%
CSWI	B	0.25%
LCII	C	0.25%
TRN	B	0.25%
TXT	D	0.25%
ATKR	D	0.24%
GTLS	A	0.24%
CXT	C	0.23%
BMI	B	0.23%
BE	A	0.22%
GT	C	0.22%
WTS	B	0.21%
HEI	A	0.19%
ZWS	B	0.19%
WWD	B	0.17%
BWXT	B	0.17%
AIN	C	0.17%
KBR	F	0.16%
MWA	B	0.15%
FELE	B	0.15%
SAIC	F	0.14%
LCID	F	0.13%
HII	F	0.13%
NPO	A	0.12%
MOG.A	B	0.11%
FOXF	F	0.11%
PLUG	F	0.1%
ARRY	F	0.08%
SHLS	F	0.07%
KTOS	C	0.07%
SEDG	F	0.06%
SPR	D	0.06%

MADE Underweight 31 Positions Relative to TBG

Symbol	Grade	Weight
SPG	A	-4.54%
CVX	A	-4.33%
GILD	B	-4.28%
IBM	C	-4.27%
CSCO	B	-4.13%
ET	A	-4.0%
LYB	F	-3.98%
VZ	C	-3.89%
EPD	A	-3.69%
BX	A	-3.66%
TFC	B	-3.54%
MRK	F	-3.23%
KVUE	A	-3.08%
OWL	A	-3.07%
AEP	C	-2.8%
PG	C	-2.72%
MS	B	-2.54%
GIS	D	-2.52%
LAMR	D	-2.51%
TXN	C	-2.49%
MC	B	-2.22%
JPM	B	-2.1%
APO	B	-2.08%
CLX	A	-2.01%
AMGN	D	-2.0%
PEP	F	-1.98%
XOM	A	-1.96%
SBUX	B	-1.73%
JNJ	D	-1.54%
AVGO	D	-1.41%
MCD	D	-1.22%