VLUE vs. IYZ ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to iShares U.S. Telecommunications ETF (IYZ)

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

$115.38

Average Daily Volume

337,635

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

IYZ

iShares U.S. Telecommunications ETF

IYZ Description

The investment seeks to track the investment results of an index composed of U.S. equities in the telecommunications sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Dow Jones U.S. Select Telecommunications Index (the "underlying index"), which measures the performance of the telecommunications sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.63

Average Daily Volume

822,272

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	IYZ
30 Days	6.37%	7.38%
60 Days	6.25%	10.06%
90 Days	9.16%	17.68%
12 Months	26.50%	31.68%

4 Overlapping Holdings

	Symbol	Grade	Weight in VLUE	Weight in IYZ	Overlap
	CSCO	A	6.43%	17.04%	6.43%
	JNPR	F	0.33%	3.31%	0.33%
	T	A	6.04%	11.76%	6.04%
	VZ	B	2.91%	12.54%	2.91%

VLUE Overweight 144 Positions Relative to IYZ

	Symbol	Grade	Weight
	IBM	C	3.86%
	INTC	C	3.65%
	GM	B	3.6%
	AMAT	F	2.37%
	BAC	A	2.25%
	PFE	D	2.07%
	WFC	A	1.92%
	C	A	1.78%
	RTX	D	1.77%
	F	C	1.68%
	BMY	B	1.55%
	LEN	C	1.49%
	CVS	D	1.46%
	MO	A	1.45%
	GS	B	1.43%
	DHI	D	1.4%
	HPE	B	1.4%
	CI	D	1.37%
	GILD	B	1.29%
	SPG	C	1.26%
	HPQ	B	1.19%
	FDX	B	1.18%
	NXPI	D	1.12%
	GLW	B	1.1%
	CTSH	B	1.1%
	TEL	B	1.02%
	ELV	F	0.97%
	PHM	C	0.94%
	DELL	C	0.84%
	VLO	C	0.78%
	URI	B	0.77%
	PCAR	B	0.76%
	KR	A	0.75%
	KHC	D	0.74%
	WBD	C	0.7%
	ON	C	0.67%
	COF	B	0.66%
	ADM	F	0.65%
	PCG	B	0.63%
	JCI	C	0.61%
	FANG	F	0.6%
	CMI	A	0.6%
	CNC	F	0.57%
	WY	D	0.55%
	TFC	B	0.54%
	LHX	C	0.53%
	NTAP	C	0.52%
	AIG	B	0.5%
	EXPE	B	0.48%
	USB	A	0.48%
	D	C	0.47%
	ZM	B	0.47%
	BK	A	0.47%
	MET	A	0.46%
	SWKS	F	0.46%
	VST	B	0.45%
	VTRS	B	0.45%
	PRU	A	0.45%
	NUE	D	0.45%
	MRO	B	0.44%
	TSN	B	0.44%
	GEN	A	0.42%
	FSLR	F	0.38%
	BBY	D	0.38%
	TAP	C	0.38%
	FFIV	A	0.37%
	BLDR	C	0.36%
	OC	B	0.36%
	CTRA	B	0.35%
	TWLO	B	0.34%
	FOXA	C	0.33%
	OVV	C	0.33%
	WAB	B	0.32%
	PPL	B	0.32%
	JBL	C	0.31%
	MTB	B	0.31%
	EQT	B	0.28%
	PARA	C	0.27%
	EVRG	A	0.27%
	STLD	B	0.27%
	CFG	B	0.26%
	STT	A	0.26%
	SSNC	A	0.25%
	DAL	B	0.25%
	LKQ	D	0.24%
	SYF	A	0.24%
	LH	B	0.24%
	TXT	D	0.24%
	UTHR	C	0.23%
	ATO	A	0.23%
	AZPN	A	0.23%
	SNA	A	0.23%
	DOW	F	0.23%
	CAG	D	0.23%
	HST	C	0.23%
	WBA	D	0.22%
	SJM	D	0.22%
	LYB	F	0.22%
	ES	D	0.22%
	HIG	B	0.22%
	FITB	B	0.21%
	GPN	C	0.21%
	BG	F	0.2%
	EXE	B	0.2%
	RF	B	0.2%
	LDOS	D	0.19%
	IP	B	0.19%
	MAA	B	0.19%
	RPRX	D	0.19%
	DGX	B	0.19%
	KNX	B	0.19%
	FOX	B	0.18%
	UHS	D	0.18%
	QRVO	F	0.18%
	EG	C	0.17%
	MOS	F	0.17%
	CNH	A	0.17%
	HBAN	B	0.17%
	CF	B	0.16%
	DINO	F	0.16%
	APA	F	0.15%
	AKAM	F	0.14%
	SOLV	C	0.14%
	L	B	0.13%
	APTV	F	0.13%
	CPT	B	0.13%
	SW	B	0.13%
	KEY	A	0.13%
	FCNCA	B	0.12%
	EQH	B	0.12%
	ACI	C	0.12%
	LUV	B	0.12%
	UHAL	D	0.11%
	FBIN	D	0.11%
	NLY	B	0.11%
	ALLY	C	0.1%
	SWK	D	0.1%
	EMN	D	0.1%
	FNF	B	0.09%
	HII	F	0.09%
	DVA	B	0.08%
	BEN	C	0.06%
	WLK	D	0.05%
	BIO	D	0.05%

VLUE Underweight 16 Positions Relative to IYZ

	Symbol	Grade	Weight
	UI	A	-5.65%
	LITE	B	-5.18%
	TMUS	A	-4.42%
	CMCSA	C	-4.41%
	LBRDK	C	-4.34%
	CIEN	B	-4.32%
	ANET	C	-4.12%
	CHTR	C	-4.1%
	MSI	C	-4.06%
	IRDM	C	-3.59%
	ROKU	D	-3.5%
	FYBR	D	-3.19%
	SNRE	D	-1.49%
	LBTYA	A	-1.06%
	LBTYK	A	-1.04%
	LBRDA	C	-0.65%

VLUE: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Semiconductors Communication Equipment Health Care Plans Software - Application Utilities - Regulated Electric Aerospace & Defense Asset Management Banks - Global Diagnostics & Research Drug Manufacturers - Major Farm Products Information Technology Services Insurance - Diversified Packaged Foods Residential Construction Telecom Services Agricultural Inputs Airlines

Keywords: S&P 500 Bank Nasdaq 100 Insurance Natural Gas Computing Banking Telecommunications Cash Management Commercial Banking Electricity Financial Products Investment Bank Investment Management Aerospace Asset Management Services Dow Jones Component Electronics Insurance Products Real Estate Investment Trust

IYZ: Top Represented Industries & Keywords

Industries: Pay TV Communication Equipment Telecom Services Computer Systems Other

Keywords: Broadband Telecommunications S&P 500 Internet Access Ethernet Information And Communications Technology Video Services Computer Network Computer Networking Nasdaq 100 Virgin Media Backhaul Cable Television Companies Computing High Speed Internet Internet Service Provider Internet Services Network Infrastructure VoIP Voice And Data