QUAL vs. CRTC ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Xtrackers US National Critical Technologies ETF (CRTC)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It 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 fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.75

Average Daily Volume

893,947

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

CRTC

Xtrackers US National Critical Technologies ETF

CRTC Description

CRTC tracks an index of large- and mid-cap companies considered to support critical emerging technologies to the US and its allies. Companies must be associated with one of 14 critical technology sectors and pose low geopolitical risk. Critical technology sectors are determined by a division of the US DoD and include biotechnology, quantum science, wireless tech, advanced materials, advanced computing or software, directed or renewable energy, human-machine interfaces, hypersonics, integration of systems, integrated sensing and cyber, microelectronics, space technology, AI and autonomy. A model developed by J.H. Whitney aims to quantify the level of entanglement that companies share with nation-states defined as adversarial to the US. Companies with a lower geostrategic risk rating are considered. A selection party determines the index holdings on the last Thursday of January, April, July, and October. Holdings are market cap weighted. Rebalance occurs ten days after the selection date.

Grade (RS Rating)

Last Trade

$32.37

Average Daily Volume

2,990

Number of Holdings ^*

156

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	CRTC
30 Days	1.61%	2.76%
60 Days	2.39%	3.55%
90 Days	3.34%	4.69%
12 Months	30.86%	28.11%

26 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in CRTC	Overlap
A	D	0.2%	0.24%	0.2%
ADBE	C	1.76%	1.4%	1.4%
ADP	B	1.75%	0.78%	0.78%
AMAT	F	1.17%	0.9%	0.9%
ANET	C	0.73%	0.63%	0.63%
CDNS	B	0.58%	0.53%	0.53%
CSCO	B	1.74%	1.46%	1.46%
CSGP	D	0.26%	0.2%	0.2%
EA	A	0.2%	0.25%	0.2%
ENPH	F	0.06%	0.06%	0.06%
EXPD	D	0.12%	0.11%	0.11%
GOOGL	C	1.77%	4.97%	1.77%
IDXX	F	0.3%	0.22%	0.22%
ITW	B	0.73%	0.5%	0.5%
KEYS	A	0.15%	0.18%	0.15%
LMT	D	1.08%	0.81%	0.81%
LRCX	F	0.73%	0.57%	0.57%
MSFT	F	4.5%	4.94%	4.5%
NVDA	C	6.93%	5.31%	5.31%
RMD	C	0.17%	0.22%	0.17%
ROK	B	0.22%	0.2%	0.2%
SNPS	B	0.51%	0.53%	0.51%
VEEV	C	0.16%	0.2%	0.16%
VRTX	F	0.62%	0.74%	0.62%
WAT	B	0.13%	0.14%	0.13%
ZTS	D	0.51%	0.51%	0.51%

QUAL Overweight 97 Positions Relative to CRTC

Symbol	Grade	Weight
AAPL	C	5.44%
V	A	4.5%
MA	C	4.22%
META	D	4.09%
LLY	F	3.42%
UNH	C	2.81%
COST	B	2.55%
JNJ	D	2.15%
TJX	A	2.03%
NFLX	A	1.76%
COP	C	1.73%
ACN	C	1.67%
GOOG	C	1.55%
KO	D	1.43%
NKE	D	1.41%
CAT	B	1.4%
TXN	C	1.34%
CMG	B	1.26%
QCOM	F	1.15%
LIN	D	1.14%
PEP	F	1.1%
BLK	C	0.99%
SRE	A	0.93%
SLB	C	0.89%
KLAC	D	0.77%
MMC	B	0.74%
PLD	D	0.71%
DHI	D	0.7%
PEG	A	0.69%
LULU	C	0.66%
CTAS	B	0.6%
GWW	B	0.59%
TPL	A	0.58%
SHW	A	0.57%
PSA	D	0.55%
MCO	B	0.53%
CME	A	0.52%
NVR	D	0.52%
ED	D	0.5%
APH	A	0.5%
MMM	D	0.5%
PAYX	C	0.49%
DECK	A	0.49%
GRMN	B	0.48%
TSCO	D	0.43%
PHM	D	0.43%
AFL	B	0.42%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
ODFL	B	0.34%
AMP	A	0.33%
ULTA	F	0.31%
WSM	B	0.29%
BBY	D	0.29%
FERG	B	0.28%
ACGL	D	0.26%
AVB	B	0.24%
EW	C	0.24%
POOL	C	0.22%
EQT	B	0.22%
VLTO	D	0.21%
MNST	C	0.21%
NTAP	C	0.21%
MANH	D	0.2%
APA	D	0.19%
TROW	B	0.19%
MPWR	F	0.18%
EQR	B	0.18%
EME	C	0.17%
LPLA	A	0.17%
PPG	F	0.15%
HSY	F	0.15%
CBOE	B	0.14%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
GGG	B	0.11%
OMC	C	0.1%
PKG	A	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
AVY	D	0.08%
PAYC	B	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
SMCI	F	0.06%
AOS	F	0.06%
AFG	A	0.06%
SOLV	C	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 130 Positions Relative to CRTC

Symbol	Grade	Weight
AMZN	C	-5.26%
XOM	B	-3.41%
ORCL	B	-1.97%
CRM	B	-1.94%
CVX	A	-1.89%
ABBV	D	-1.89%
NOW	A	-1.34%
ABT	B	-1.28%
IBM	C	-1.27%
TMO	F	-1.25%
VZ	C	-1.14%
INTU	C	-1.14%
CMCSA	B	-1.04%
T	A	-1.04%
NEE	D	-1.01%
RTX	C	-1.01%
AMGN	D	-0.99%
DHR	F	-0.98%
HON	B	-0.94%
ETN	A	-0.91%
PFE	D	-0.9%
BSX	B	-0.85%
PANW	C	-0.81%
PLTR	B	-0.8%
SHOP	B	-0.8%
BMY	B	-0.75%
TMUS	B	-0.72%
BA	F	-0.7%
GILD	C	-0.7%
MDT	D	-0.69%
ADI	D	-0.67%
INTC	D	-0.66%
SO	D	-0.61%
GEV	B	-0.6%
PH	A	-0.57%
MSI	B	-0.52%
CRWD	B	-0.51%
REGN	F	-0.5%
GD	F	-0.49%
CEG	D	-0.47%
EMR	A	-0.47%
NOC	D	-0.46%
TDG	D	-0.45%
ADSK	A	-0.42%
CARR	D	-0.4%
GM	B	-0.39%
FCX	D	-0.39%
FTNT	C	-0.37%
ROP	B	-0.37%
TTD	B	-0.36%
PCAR	B	-0.36%
PSX	C	-0.35%
DASH	A	-0.35%
WDAY	B	-0.35%
FICO	B	-0.35%
JCI	C	-0.35%
MPC	D	-0.34%
AEP	D	-0.33%
D	C	-0.31%
SQ	B	-0.31%
LHX	C	-0.3%
FIS	C	-0.3%
VLO	C	-0.28%
AME	A	-0.28%
IR	B	-0.27%
SNOW	C	-0.26%
DELL	C	-0.26%
CTSH	B	-0.25%
TEAM	A	-0.25%
EXC	C	-0.25%
DDOG	A	-0.25%
CHTR	C	-0.24%
GEHC	F	-0.24%
DD	D	-0.22%
HUBS	A	-0.22%
IQV	D	-0.22%
ARGX	A	-0.22%
ETR	B	-0.21%
EIX	B	-0.21%
DOW	F	-0.2%
ALNY	D	-0.2%
DXCM	D	-0.19%
GPN	B	-0.19%
ANSS	B	-0.19%
TTWO	A	-0.19%
HPE	B	-0.18%
NET	B	-0.18%
BR	A	-0.17%
FTV	C	-0.17%
RBLX	C	-0.17%
DOV	A	-0.17%
MTD	D	-0.16%
PPL	B	-0.16%
FE	C	-0.15%
LDOS	C	-0.14%
EXPE	B	-0.14%
WBD	C	-0.14%
BIIB	F	-0.14%
MDB	C	-0.13%
ZBRA	B	-0.13%
LH	C	-0.13%
ZM	B	-0.13%
ILMN	D	-0.13%
ZS	C	-0.12%
GEN	B	-0.11%
TER	D	-0.11%
ICLR	D	-0.11%
VRSN	F	-0.11%
TRMB	B	-0.11%
PINS	D	-0.11%
DGX	A	-0.11%
TXT	D	-0.1%
CHKP	D	-0.1%
SSNC	B	-0.1%
XRX	F	-0.1%
AVTR	F	-0.09%
INCY	C	-0.09%
OKTA	C	-0.08%
BMRN	D	-0.08%
MRNA	F	-0.08%
CYBR	B	-0.08%
AKAM	D	-0.08%
WIX	B	-0.08%
DOX	D	-0.07%
AGR	B	-0.07%
CLBT	B	-0.07%
SNAP	C	-0.07%
OTEX	D	-0.06%
RPRX	D	-0.06%
MNDY	C	-0.06%

CRTC: Top Represented Industries & Keywords

Industries: Software - Application Diagnostics & Research Software - Infrastructure Diversified Industrials Biotechnology Aerospace & Defense Drug Manufacturers - Major Utilities - Regulated Electric Internet Content & Information Business Services Communication Equipment Information Technology Services Semiconductor Equipment & Materials Telecom Services Utilities - Diversified Medical Devices Oil & Gas Refining & Marketing Scientific & Technical Instruments Semiconductors Chemicals