MADE vs. VLUE ETF Comparison

Comparison of iShares Trust iShares U.S. Manufacturing ETF (MADE) to iShares MSCI USA Value Factor (VLUE)

MADE

iShares Trust 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

$25.01

Average Daily Volume

1,392

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$109.08

Average Daily Volume

274,311

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	MADE	VLUE
30 Days	3.64%	3.46%
60 Days	5.10%	2.76%
90 Days		6.31%
12 Months		23.36%

13 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in VLUE	Overlap
CMI	B	3.79%	0.52%	0.52%
F	F	3.55%	1.71%	1.71%
FSLR	C	2.33%	0.49%	0.49%
GM	C	3.88%	3.17%	3.17%
HII	F	0.18%	0.13%	0.13%
JCI	B	1.85%	0.55%	0.55%
LDOS	A	0.37%	0.19%	0.19%
LHX	C	0.74%	0.52%	0.52%
PCAR	D	3.92%	0.69%	0.69%
RTX	B	2.79%	1.81%	1.81%
SNA	B	1.3%	0.19%	0.19%
SWK	B	1.41%	0.13%	0.13%
TXT	D	0.27%	0.26%	0.26%

MADE Overweight 85 Positions Relative to VLUE

Symbol	Grade	Weight
ETN	C	4.24%
APH	C	4.01%
DE	A	4.0%
HON	C	3.81%
AME	C	3.4%
TT	B	3.18%
PH	B	2.97%
ROK	D	2.6%
CARR	B	2.44%
FTV	C	2.33%
DOV	B	2.26%
LMT	A	2.13%
HUBB	B	1.96%
TDY	B	1.75%
BA	F	1.55%
TDG	B	1.38%
GD	C	1.34%
ENPH	D	1.31%
NOC	B	1.26%
COHR	C	1.21%
NVT	C	1.02%
RRX	C	0.96%
LECO	D	0.91%
GNRC	D	0.78%
TTC	F	0.74%
HWM	B	0.72%
ALSN	B	0.71%
FN	C	0.71%
AYI	B	0.71%
LII	C	0.71%
RIVN	F	0.68%
MKSI	F	0.65%
MIDD	C	0.64%
PNR	B	0.6%
MSA	D	0.6%
IEX	C	0.59%
LFUS	C	0.56%
OSK	F	0.54%
GGG	C	0.53%
AXON	B	0.51%
THO	C	0.49%
BC	C	0.48%
FSS	D	0.48%
VNT	F	0.41%
BDC	B	0.4%
ITRI	C	0.39%
HOG	C	0.39%
AOS	B	0.36%
ENS	C	0.35%
AEIS	D	0.31%
CR	B	0.3%
LCII	C	0.28%
AAON	B	0.28%
LCID	C	0.27%
ESE	B	0.27%
ATKR	F	0.27%
SPXC	B	0.26%
TRN	C	0.24%
JBT	C	0.24%
CSWI	B	0.23%
BMI	B	0.23%
CXT	F	0.23%
AIN	F	0.23%
CW	B	0.23%
WTS	C	0.22%
HEI	C	0.2%
GT	F	0.18%
ZWS	B	0.18%
GTLS	F	0.17%
PLUG	F	0.16%
FELE	B	0.15%
WWD	C	0.15%
BE	F	0.15%
BWXT	A	0.15%
SAIC	C	0.13%
NPO	C	0.13%
MWA	B	0.13%
FOXF	F	0.12%
KBR	D	0.12%
MOG.A	B	0.1%
SEDG	F	0.08%
ARRY	F	0.06%
KTOS	B	0.06%
SHLS	F	0.06%
SPR	D	0.04%

MADE Underweight 135 Positions Relative to VLUE

Symbol	Grade	Weight
CSCO	B	-5.97%
T	B	-5.9%
IBM	B	-4.21%
INTC	D	-3.37%
VZ	A	-3.18%
AMAT	D	-2.77%
PFE	D	-2.52%
BAC	D	-1.99%
DHI	C	-1.71%
C	C	-1.66%
LEN	B	-1.65%
CVS	D	-1.63%
CI	C	-1.56%
WFC	D	-1.49%
BMY	C	-1.4%
MO	C	-1.34%
ELV	D	-1.34%
HPE	C	-1.28%
GILD	B	-1.26%
NXPI	D	-1.23%
GS	B	-1.23%
SPG	B	-1.19%
HPQ	C	-1.16%
CTSH	B	-1.11%
GLW	B	-1.08%
PHM	B	-1.06%
FDX	D	-1.05%
TEL	D	-1.05%
KHC	C	-0.85%
VLO	F	-0.77%
ADM	D	-0.77%
DELL	C	-0.77%
CNC	D	-0.76%
URI	B	-0.75%
ON	D	-0.74%
KR	B	-0.74%
WBD	D	-0.65%
FANG	F	-0.63%
PCG	C	-0.61%
WY	C	-0.6%
NTAP	D	-0.56%
SWKS	F	-0.55%
COF	B	-0.55%
TFC	D	-0.51%
AIG	D	-0.5%
D	C	-0.48%
MET	B	-0.46%
NUE	D	-0.46%
BK	B	-0.45%
PRU	C	-0.45%
USB	C	-0.45%
MRO	D	-0.44%
TSN	D	-0.42%
BBY	A	-0.41%
VTRS	D	-0.41%
BLDR	C	-0.41%
ZM	C	-0.4%
GEN	A	-0.39%
EXPE	C	-0.39%
JNPR	A	-0.36%
VST	B	-0.35%
FFIV	B	-0.35%
CTRA	F	-0.34%
TAP	D	-0.34%
OC	C	-0.33%
PPL	A	-0.32%
OVV	F	-0.31%
FOXA	B	-0.3%
WAB	B	-0.3%
QRVO	F	-0.29%
CAG	B	-0.29%
DOW	C	-0.28%
JBL	C	-0.28%
EVRG	B	-0.27%
MTB	C	-0.27%
SSNC	C	-0.26%
PARA	D	-0.26%
HST	D	-0.26%
ES	B	-0.25%
SJM	C	-0.25%
STT	B	-0.25%
LKQ	F	-0.25%
LYB	D	-0.25%
HIG	B	-0.24%
EQT	C	-0.24%
LH	D	-0.24%
CFG	D	-0.24%
STLD	C	-0.24%
WBA	F	-0.23%
TWLO	C	-0.23%
BG	F	-0.22%
GPN	D	-0.22%
ATO	B	-0.22%
UHS	C	-0.22%
AZPN	B	-0.22%
UTHR	B	-0.22%
RPRX	C	-0.21%
MAA	C	-0.2%
FITB	B	-0.2%
KNX	C	-0.19%
DAL	C	-0.19%
SYF	C	-0.19%
DGX	B	-0.19%
CNH	C	-0.18%
APA	F	-0.18%
EG	B	-0.18%
RF	B	-0.18%
DINO	F	-0.18%
MOS	F	-0.17%
CHK	C	-0.17%
APTV	D	-0.17%
CF	B	-0.16%
FOX	B	-0.16%
AKAM	D	-0.16%
IP	C	-0.16%
SOLV	D	-0.15%
HBAN	B	-0.15%
CPT	C	-0.14%
L	D	-0.13%
UHAL	B	-0.13%
FBIN	B	-0.13%
ACI	F	-0.12%
KEY	C	-0.12%
NLY	B	-0.12%
SW	B	-0.12%
FCNCA	D	-0.11%
EQH	C	-0.11%
LUV	C	-0.11%
EMN	B	-0.11%
DVA	B	-0.09%
FNF	B	-0.09%
ALLY	F	-0.09%
BIO	C	-0.06%
BEN	F	-0.06%
WLK	C	-0.05%