TECB vs. IETC ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to iShares Evolved U.S. Technology ETF (IETC)

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.80

Average Daily Volume

19,806

Number of Holdings ^*

164

* 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	TECB	IETC
30 Days	6.07%	3.17%
60 Days	7.19%	5.58%
90 Days	9.19%	8.32%
12 Months	37.00%	39.98%

47 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in IETC	Overlap
AAPL	C	4.13%	2.45%	2.45%
ADBE	C	2.97%	1.15%	1.15%
ADSK	A	0.89%	0.74%	0.74%
AKAM	D	0.37%	0.15%	0.15%
AMD	F	2.91%	0.7%	0.7%
AMZN	C	3.83%	7.6%	3.83%
ANSS	B	0.4%	0.41%	0.4%
APPN	B	0.02%	0.04%	0.02%
BAH	F	0.51%	0.2%	0.2%
BILL	A	0.06%	0.05%	0.05%
BSY	D	0.08%	0.17%	0.08%
CACI	D	0.28%	0.15%	0.15%
CFLT	B	0.1%	0.1%	0.1%
COIN	C	0.34%	0.3%	0.3%
CPAY	A	0.16%	0.06%	0.06%
CPNG	D	0.41%	0.06%	0.06%
CRM	B	4.64%	3.91%	3.91%
CRWD	B	2.17%	0.35%	0.35%
DOCN	D	0.03%	0.05%	0.03%
EQIX	A	1.28%	0.77%	0.77%
FTNT	C	1.59%	1.26%	1.26%
GDDY	A	0.36%	0.02%	0.02%
GOOGL	C	3.42%	2.26%	2.26%
GPN	B	0.18%	1.14%	0.18%
HUBS	A	0.51%	0.15%	0.15%
INTU	C	1.12%	0.07%	0.07%
IRM	D	0.51%	0.1%	0.1%
JNPR	F	0.3%	0.06%	0.06%
MA	C	2.59%	0.94%	0.94%
META	D	4.07%	1.77%	1.77%
MSFT	F	3.47%	7.52%	3.47%
MSTR	C	0.92%	0.34%	0.34%
NOW	A	3.13%	2.14%	2.14%
NTAP	C	0.38%	0.84%	0.38%
NVDA	C	4.32%	8.86%	4.32%
ORCL	B	4.5%	3.64%	3.64%
PANW	C	3.41%	0.83%	0.83%
PINS	D	0.23%	0.14%	0.14%
QCOM	F	2.28%	1.29%	1.29%
QLYS	C	0.15%	0.18%	0.15%
SAIC	F	0.17%	0.05%	0.05%
SLAB	D	0.04%	0.06%	0.04%
SNAP	C	0.15%	0.07%	0.07%
SQ	B	0.31%	0.22%	0.22%
SSNC	B	0.1%	0.73%	0.1%
TEAM	A	0.59%	0.86%	0.59%
TXN	C	2.38%	0.29%	0.29%

TECB Overweight 117 Positions Relative to IETC

Symbol	Grade	Weight
NFLX	A	4.98%
V	A	2.96%
MRK	F	2.72%
ISRG	A	2.56%
GILD	C	1.94%
ADI	D	1.39%
INTC	D	1.37%
REGN	F	1.37%
MELI	D	1.35%
DLR	B	0.88%
FI	A	0.77%
SNOW	C	0.77%
AME	A	0.59%
PYPL	B	0.54%
HPQ	B	0.54%
ZS	C	0.5%
MCHP	D	0.46%
EBAY	D	0.45%
MDB	C	0.33%
OKTA	C	0.32%
WDC	D	0.31%
FIS	C	0.29%
INCY	C	0.27%
NTNX	A	0.25%
TWLO	A	0.24%
PSTG	D	0.23%
MRNA	F	0.22%
S	B	0.2%
SRPT	D	0.17%
EXEL	B	0.17%
BR	A	0.16%
RVMD	C	0.14%
VRNS	D	0.14%
TENB	C	0.13%
CVLT	B	0.11%
GTLB	B	0.11%
DBX	B	0.1%
TOST	B	0.1%
GWRE	A	0.1%
AFRM	B	0.1%
LUMN	C	0.1%
BPMC	C	0.1%
PARA	C	0.09%
ETSY	D	0.09%
CGNX	C	0.09%
SOFI	A	0.09%
LSCC	D	0.09%
TW	A	0.09%
JKHY	D	0.08%
ALTR	B	0.08%
ALRM	C	0.08%
RPD	C	0.07%
MKTX	D	0.06%
ACLX	C	0.06%
WEX	D	0.05%
CALX	D	0.05%
INFA	D	0.05%
PEGA	A	0.05%
YOU	D	0.05%
AI	B	0.05%
LGND	B	0.04%
QTWO	A	0.04%
PTON	B	0.04%
OMF	A	0.04%
FRSH	C	0.04%
FOUR	B	0.04%
TWST	D	0.04%
SWTX	C	0.04%
TDC	D	0.04%
PRGS	A	0.04%
BCRX	D	0.03%
AVPT	A	0.03%
EEFT	B	0.03%
DVAX	C	0.03%
WK	B	0.03%
CCCS	B	0.03%
BEAM	D	0.03%
IOVA	F	0.03%
ATEN	B	0.03%
UPST	B	0.03%
ACIW	B	0.03%
GERN	D	0.03%
PAR	B	0.02%
SYM	C	0.02%
VERX	B	0.02%
FLYW	C	0.02%
MTTR	B	0.02%
NVAX	F	0.02%
BL	B	0.02%
VIRT	B	0.02%
NCNO	B	0.02%
ZUO	B	0.02%
SIRI	C	0.02%
CWAN	B	0.02%
NTLA	F	0.02%
INTA	A	0.02%
XNCR	B	0.02%
DDD	C	0.01%
ARCT	F	0.01%
MQ	F	0.01%
BMBL	C	0.01%
DFIN	D	0.01%
AVDX	B	0.01%
VIR	D	0.01%
RCUS	F	0.01%
BASE	C	0.01%
ALKT	B	0.01%
PRLB	A	0.01%
CXM	C	0.01%
FSLY	D	0.01%
VMEO	B	0.01%
PAYO	A	0.01%
ENVA	B	0.01%
WRLD	C	0.0%
LPRO	C	0.0%
RPAY	D	0.0%
DNA	F	0.0%

TECB Underweight 70 Positions Relative to IETC

Symbol	Grade	Weight
AVGO	D	-11.53%
ACN	C	-4.27%
MSI	B	-2.42%
IBM	C	-2.06%
VRSN	F	-2.01%
CDNS	B	-1.88%
CSCO	B	-1.85%
ICE	C	-1.64%
GOOG	C	-1.39%
MANH	D	-1.25%
PH	A	-1.01%
WDAY	B	-0.69%
ABNB	C	-0.66%
TTD	B	-0.64%
VRSK	A	-0.64%
ANET	C	-0.62%
PLTR	B	-0.61%
IT	C	-0.61%
TYL	B	-0.61%
ZM	B	-0.59%
CDW	F	-0.57%
MPWR	F	-0.52%
MU	D	-0.41%
LMT	D	-0.41%
CSGP	D	-0.39%
MCO	B	-0.35%
KLAC	D	-0.34%
G	B	-0.33%
FDS	B	-0.3%
UBER	D	-0.23%
TTEK	F	-0.21%
DASH	A	-0.21%
KEYS	A	-0.2%
SNPS	B	-0.2%
MMC	B	-0.19%
DDOG	A	-0.18%
TRU	D	-0.17%
LRCX	F	-0.16%
SWKS	F	-0.14%
EA	A	-0.13%
IQV	D	-0.13%
MSCI	C	-0.12%
VRT	B	-0.11%
SLB	C	-0.1%
TER	D	-0.1%
IPG	D	-0.1%
VEEV	C	-0.1%
NDAQ	A	-0.09%
NSIT	F	-0.09%
QRVO	F	-0.07%
LPLA	A	-0.07%
ADP	B	-0.07%
ROK	B	-0.07%
TDY	B	-0.06%
BBY	D	-0.06%
DELL	C	-0.06%
CBOE	B	-0.06%
FBIN	D	-0.06%
DXC	B	-0.05%
ILMN	D	-0.05%
GLW	B	-0.04%
CL	D	-0.04%
MMS	F	-0.04%
ZI	D	-0.02%
ENPH	F	-0.02%
XYL	D	-0.02%
RIVN	F	-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