TECB vs. XSW ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to SPDR S&P Software & Services ETF (XSW)

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

$51.14

Average Daily Volume

21,781

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$160.77

Average Daily Volume

9,712

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	TECB	XSW
30 Days	3.21%	3.94%
60 Days	4.71%	3.22%
90 Days	1.45%	6.39%
12 Months	40.07%	27.59%

50 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in XSW	Overlap
ACIW	B	0.03%	0.95%	0.03%
ADBE	F	3.23%	0.69%	0.69%
ADSK	B	0.83%	0.82%	0.82%
AI	F	0.04%	0.56%	0.04%
ALKT	D	0.01%	0.85%	0.01%
ALRM	F	0.07%	0.61%	0.07%
ALTR	C	0.07%	0.68%	0.07%
ANSS	D	0.4%	0.69%	0.4%
APPN	C	0.02%	0.83%	0.02%
ATEN	C	0.03%	0.71%	0.03%
BILL	D	0.04%	0.78%	0.04%
BL	D	0.02%	0.78%	0.02%
BSY	C	0.09%	0.7%	0.09%
CFLT	F	0.07%	0.51%	0.07%
CRM	C	4.06%	0.79%	0.79%
CRWD	D	1.82%	0.5%	0.5%
CVLT	B	0.1%	0.9%	0.1%
CWAN	C	0.02%	0.91%	0.02%
CXM	F	0.01%	0.62%	0.01%
DBX	C	0.09%	0.79%	0.09%
FRSH	F	0.03%	0.65%	0.03%
FTNT	B	1.39%	0.86%	0.86%
GTLB	D	0.09%	0.81%	0.09%
GWRE	B	0.09%	0.9%	0.09%
HUBS	D	0.41%	0.62%	0.41%
INFA	D	0.05%	0.59%	0.05%
INTA	C	0.02%	0.97%	0.02%
INTU	D	1.12%	0.76%	0.76%
MSFT	C	3.86%	0.68%	0.68%
MSTR	C	0.41%	0.67%	0.41%
NCNO	F	0.02%	0.67%	0.02%
NOW	C	2.82%	0.87%	0.87%
NTNX	D	0.23%	0.75%	0.23%
ORCL	B	4.19%	0.83%	0.83%
PANW	D	3.1%	0.72%	0.72%
PEGA	B	0.05%	0.81%	0.05%
PRGS	A	0.04%	0.8%	0.04%
QLYS	D	0.13%	0.62%	0.13%
QTWO	C	0.03%	0.95%	0.03%
RPD	D	0.06%	0.65%	0.06%
S	D	0.18%	0.93%	0.18%
TDC	D	0.04%	0.6%	0.04%
TEAM	D	0.4%	0.7%	0.4%
TENB	F	0.13%	0.69%	0.13%
VERX	D	0.01%	0.72%	0.01%
VRNS	B	0.17%	0.88%	0.17%
WK	D	0.02%	0.73%	0.02%
YOU	B	0.07%	1.26%	0.07%
ZS	F	0.44%	0.64%	0.44%
ZUO	F	0.02%	0.63%	0.02%

TECB Overweight 114 Positions Relative to XSW

Symbol	Grade	Weight
AAPL	C	4.39%
META	B	4.37%
NFLX	B	4.21%
AMZN	C	3.94%
NVDA	C	3.9%
AMD	C	3.78%
GOOGL	D	3.54%
MRK	F	3.29%
V	C	2.76%
QCOM	D	2.7%
TXN	B	2.67%
MA	B	2.63%
ISRG	C	2.41%
REGN	D	2.04%
GILD	B	1.91%
ADI	C	1.61%
MELI	C	1.54%
INTC	D	1.43%
EQIX	B	1.3%
DLR	B	0.82%
FI	B	0.67%
MCHP	D	0.59%
BAH	B	0.58%
AME	C	0.56%
HPQ	C	0.56%
PYPL	B	0.54%
SNOW	F	0.54%
IRM	C	0.53%
EBAY	B	0.5%
CPNG	B	0.45%
AKAM	D	0.43%
MRNA	F	0.4%
NTAP	D	0.4%
JNPR	A	0.36%
WDC	C	0.35%
OKTA	F	0.34%
GDDY	C	0.31%
CACI	B	0.31%
FIS	C	0.3%
MDB	D	0.3%
INCY	C	0.27%
PINS	D	0.27%
SQ	D	0.24%
PSTG	F	0.24%
COIN	F	0.22%
SRPT	F	0.21%
SAIC	C	0.2%
GPN	D	0.16%
BR	C	0.16%
TWLO	C	0.16%
SNAP	D	0.15%
CPAY	B	0.14%
EXEL	C	0.14%
RVMD	C	0.11%
LUMN	C	0.1%
CGNX	F	0.1%
ETSY	D	0.1%
BPMC	F	0.1%
SSNC	C	0.1%
LSCC	D	0.1%
PARA	D	0.09%
TW	B	0.09%
JKHY	B	0.08%
AFRM	D	0.07%
TOST	C	0.07%
MKTX	D	0.06%
ACLX	C	0.06%
CALX	C	0.06%
TWST	D	0.05%
SOFI	D	0.05%
SLAB	D	0.05%
WEX	C	0.05%
OMF	D	0.04%
BEAM	F	0.04%
NTLA	F	0.04%
DOCN	C	0.04%
IOVA	F	0.04%
SWTX	F	0.04%
GERN	D	0.04%
DVAX	D	0.03%
EEFT	F	0.03%
CCCS	D	0.03%
BCRX	D	0.03%
NVAX	D	0.03%
LGND	D	0.03%
FOUR	C	0.03%
FSLY	D	0.02%
VIRT	C	0.02%
MTTR	C	0.02%
AVPT	C	0.02%
UPST	C	0.02%
SIRI	C	0.02%
XNCR	D	0.02%
PTON	C	0.02%
DDD	D	0.01%
BMBL	F	0.01%
AVDX	F	0.01%
BASE	F	0.01%
PRLB	F	0.01%
ARCT	D	0.01%
PAYO	B	0.01%
PAR	D	0.01%
DFIN	D	0.01%
SYM	D	0.01%
MQ	F	0.01%
VMEO	C	0.01%
VIR	F	0.01%
ENVA	C	0.01%
FLYW	F	0.01%
RCUS	D	0.01%
LPRO	C	0.0%
WRLD	D	0.0%
RPAY	F	0.0%
DNA	F	0.0%

TECB Underweight 77 Positions Relative to XSW

Symbol	Grade	Weight
AUR	C	-1.42%
ZETA	C	-1.22%
IOT	C	-1.17%
APP	C	-1.1%
PLTR	C	-1.07%
FICO	B	-0.95%
RBLX	C	-0.91%
BOX	C	-0.87%
IBM	B	-0.87%
TYL	C	-0.85%
U	D	-0.85%
SMAR	A	-0.84%
MANH	B	-0.83%
IT	C	-0.82%
JAMF	D	-0.82%
DXC	D	-0.81%
WDAY	D	-0.81%
IDCC	B	-0.81%
ZM	C	-0.8%
ACN	C	-0.8%
CTSH	B	-0.8%
AGYS	D	-0.79%
SOUN	D	-0.78%
DT	C	-0.78%
WULF	C	-0.78%
DOCU	C	-0.78%
EPAM	F	-0.77%
BLKB	C	-0.77%
SEMR	C	-0.76%
PATH	D	-0.74%
SWI	B	-0.73%
NNBR	C	-0.73%
RNG	F	-0.73%
SPSC	D	-0.73%
ASGN	D	-0.73%
ENV	C	-0.72%
YEXT	C	-0.71%
PTC	C	-0.71%
EA	D	-0.71%
BRZE	F	-0.7%
PRFT	B	-0.7%
ASAN	F	-0.7%
OSPN	C	-0.7%
ROP	C	-0.7%
PWSC	C	-0.7%
APPF	C	-0.69%
HCP	A	-0.69%
OLO	F	-0.69%
PLTK	C	-0.68%
ETWO	D	-0.68%
DDOG	D	-0.67%
INST	D	-0.66%
TTWO	D	-0.66%
PCOR	D	-0.65%
NABL	F	-0.64%
DLB	D	-0.64%
KD	F	-0.64%
GDYN	C	-0.64%
DV	F	-0.63%
CDNS	D	-0.62%
RAMP	F	-0.61%
SNPS	F	-0.6%
IBUY	A	-0.6%
SPT	F	-0.59%
DMRC	F	-0.58%
PDFS	D	-0.58%
MITK	F	-0.57%
MARA	D	-0.55%
PRO	F	-0.5%
VRNT	F	-0.5%
FIVN	F	-0.47%
RIOT	F	-0.47%
ESTC	F	-0.46%
CLSK	F	-0.35%
HCKT	C	-0.33%
EGHT	F	-0.3%
AMSWA	C	-0.29%