QHDG vs. IETC ETF Comparison

Comparison of Innovator Hedged Nasdaq-100 ETF (QHDG) to iShares Evolved U.S. Technology ETF (IETC)

QHDG

Innovator Hedged Nasdaq-100 ETF

QHDG Description

The fund is an actively managed ETF that, under normal market circumstances, seeks to provide capital appreciation through exposure to the constituents in the Nasdaq-100® Index while providing a level of downside or "hedged" protection. It will invest at least 80% of its net assets in equity securities and option contracts that provide economic exposure to the Nasdaq-100.

Grade (RS Rating)

Last Trade

$26.22

Average Daily Volume

8,106

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.22

Average Daily Volume

19,325

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	QHDG	IETC
30 Days	2.70%	3.17%
60 Days	4.21%	5.58%
90 Days	4.80%	8.32%
12 Months		39.98%

36 Overlapping Holdings

Symbol	Grade	Weight in QHDG	Weight in IETC	Overlap
AAPL	C	8.51%	2.42%	2.42%
ABNB	C	0.37%	0.66%	0.37%
ADBE	C	1.45%	1.19%	1.19%
ADP	B	0.78%	0.07%	0.07%
ADSK	A	0.41%	0.71%	0.41%
AMD	F	1.41%	0.7%	0.7%
AMZN	C	5.29%	8.02%	5.29%
ANSS	B	0.19%	0.4%	0.19%
AVGO	D	4.91%	11.87%	4.91%
CDNS	B	0.5%	1.84%	0.5%
CDW	F	0.16%	0.57%	0.16%
CRWD	B	0.51%	0.33%	0.33%
CSCO	B	1.49%	1.85%	1.49%
CSGP	D	0.19%	0.37%	0.19%
DASH	A	0.42%	0.21%	0.21%
DDOG	A	0.25%	0.16%	0.16%
EA	A	0.27%	0.12%	0.12%
FTNT	C	0.46%	1.25%	0.46%
GOOG	C	2.41%	1.44%	1.44%
GOOGL	C	2.52%	2.34%	2.34%
ILMN	D	0.14%	0.05%	0.05%
INTU	C	1.25%	0.07%	0.07%
KLAC	D	0.55%	0.34%	0.34%
LRCX	F	0.58%	0.16%	0.16%
META	D	4.78%	1.79%	1.79%
MSFT	F	7.67%	7.7%	7.67%
MU	D	0.68%	0.39%	0.39%
NVDA	C	8.66%	8.78%	8.66%
PANW	C	0.82%	0.82%	0.82%
QCOM	F	1.15%	1.35%	1.15%
SNPS	B	0.5%	0.2%	0.2%
TEAM	A	0.25%	0.84%	0.25%
TTD	B	0.34%	0.62%	0.34%
TXN	C	1.18%	0.3%	0.3%
VRSK	A	0.26%	0.64%	0.26%
WDAY	B	0.36%	0.69%	0.36%

QHDG Overweight 65 Positions Relative to IETC

Symbol	Grade	Weight
TSLA	B	3.86%
COST	B	2.61%
NFLX	A	2.27%
TMUS	B	1.77%
PEP	F	1.4%
LIN	D	1.38%
ISRG	A	1.21%
CMCSA	B	1.06%
BKNG	A	0.98%
AMGN	D	0.97%
HON	B	0.95%
AMAT	F	0.89%
VRTX	F	0.78%
SBUX	A	0.72%
GILD	C	0.71%
INTC	D	0.67%
ADI	D	0.66%
MELI	D	0.6%
PYPL	B	0.57%
CTAS	B	0.56%
REGN	F	0.55%
MDLZ	F	0.55%
MAR	B	0.51%
MRVL	B	0.49%
PDD	F	0.49%
CEG	D	0.45%
CSX	B	0.44%
ORLY	B	0.41%
ASML	F	0.4%
PCAR	B	0.38%
CHTR	C	0.36%
NXPI	D	0.36%
ROP	B	0.36%
CPRT	A	0.35%
MNST	C	0.33%
AEP	D	0.33%
PAYX	C	0.33%
FANG	D	0.33%
ODFL	B	0.3%
FAST	B	0.3%
ROST	C	0.3%
KDP	D	0.28%
BKR	B	0.27%
XEL	A	0.25%
CTSH	B	0.25%
EXC	C	0.25%
GEHC	F	0.24%
KHC	F	0.24%
LULU	C	0.24%
AZN	D	0.23%
CCEP	C	0.22%
IDXX	F	0.21%
MCHP	D	0.21%
DXCM	D	0.2%
TTWO	A	0.2%
ZS	C	0.19%
ON	D	0.18%
GFS	C	0.15%
BIIB	F	0.15%
WBD	C	0.14%
MDB	C	0.13%
ARM	D	0.1%
DLTR	F	0.09%
MRNA	F	0.09%
SMCI	F	0.07%

QHDG Underweight 81 Positions Relative to IETC

Symbol	Grade	Weight
ACN	C	-4.24%
CRM	B	-3.82%
ORCL	B	-3.5%
MSI	B	-2.4%
NOW	A	-2.11%
VRSN	F	-1.99%
IBM	C	-1.92%
ICE	C	-1.6%
MANH	D	-1.28%
GPN	B	-1.12%
PH	A	-0.99%
MA	C	-0.95%
NTAP	C	-0.78%
EQIX	A	-0.74%
SSNC	B	-0.71%
TYL	B	-0.63%
IT	C	-0.62%
ZM	B	-0.6%
PLTR	B	-0.58%
ANET	C	-0.58%
MPWR	F	-0.52%
LMT	D	-0.41%
MCO	B	-0.35%
G	B	-0.32%
FDS	B	-0.3%
MSTR	C	-0.28%
COIN	C	-0.28%
UBER	D	-0.23%
TTEK	F	-0.21%
SQ	B	-0.2%
BAH	F	-0.2%
KEYS	A	-0.18%
MMC	B	-0.18%
BSY	D	-0.17%
QLYS	C	-0.17%
TRU	D	-0.17%
CACI	D	-0.15%
AKAM	D	-0.14%
PINS	D	-0.14%
HUBS	A	-0.14%
IQV	D	-0.13%
SWKS	F	-0.13%
MSCI	C	-0.12%
VEEV	C	-0.11%
NSIT	F	-0.1%
IPG	D	-0.1%
TER	D	-0.1%
NDAQ	A	-0.09%
CFLT	B	-0.09%
IRM	D	-0.09%
VRT	B	-0.09%
SLB	C	-0.09%
SNAP	C	-0.07%
ROK	B	-0.07%
CPAY	A	-0.06%
TDY	B	-0.06%
CBOE	B	-0.06%
SLAB	D	-0.06%
CPNG	D	-0.06%
DELL	C	-0.06%
JNPR	F	-0.06%
LPLA	A	-0.06%
QRVO	F	-0.06%
BBY	D	-0.06%
FBIN	D	-0.06%
DOCN	D	-0.05%
MMS	F	-0.05%
SAIC	F	-0.05%
CL	D	-0.04%
APPN	B	-0.04%
BILL	A	-0.04%
DXC	B	-0.04%
GLW	B	-0.03%
ZI	D	-0.02%
ENPH	F	-0.02%
XYL	D	-0.02%
RIVN	F	-0.01%
GDDY	A	-0.01%
ALGN	D	-0.0%
GRAL	C	-0.0%
FTV	C	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Computer Systems Internet Content & Information Specialty Retail Advertising Agencies Aerospace & Defense Auto Manufacturers Conglomerates