VUSE vs. IETC ETF Comparison

Comparison of Vident Core US Equity ETF (VUSE) to iShares Evolved U.S. Technology ETF (IETC)

VUSE

Vident Core US Equity ETF

VUSE Description

The investment seeks to track the price and total return performance, before fees and expenses, of the Vident Core U.S. Equity Index (the "Strategy Index"). Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the Strategy Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Strategy Index construction begins by establishing an initial universe of U.S. equity securities of companies with a market capitalization greater than $500 million and meeting certain minimum liquidity requirements.

Grade (RS Rating)

Last Trade

$61.08

Average Daily Volume

12,197

Number of Holdings ^*

126

* 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	VUSE	IETC
30 Days	5.99%	3.17%
60 Days	7.30%	5.58%
90 Days	9.69%	8.32%
12 Months	26.60%	39.98%

30 Overlapping Holdings

Symbol	Grade	Weight in VUSE	Weight in IETC	Overlap
AAPL	C	1.87%	2.42%	1.87%
ABNB	C	0.14%	0.66%	0.14%
ADBE	C	0.83%	1.19%	0.83%
ADP	B	1.02%	0.07%	0.07%
AMZN	C	2.68%	8.02%	2.68%
ANET	C	0.38%	0.58%	0.38%
AVGO	D	1.72%	11.87%	1.72%
CRWD	B	0.31%	0.33%	0.31%
EA	A	0.52%	0.12%	0.12%
FTNT	C	0.81%	1.25%	0.81%
GOOGL	C	0.96%	2.34%	0.96%
IT	C	0.5%	0.62%	0.5%
KLAC	D	0.69%	0.34%	0.34%
MA	C	2.08%	0.95%	0.95%
MANH	D	0.35%	1.28%	0.35%
META	D	0.97%	1.79%	0.97%
MSCI	C	0.48%	0.12%	0.12%
MSFT	F	1.8%	7.7%	1.8%
MSI	B	1.33%	2.4%	1.33%
NOW	A	0.65%	2.11%	0.65%
NVDA	C	1.84%	8.78%	1.84%
ORCL	B	2.4%	3.5%	2.4%
PANW	C	0.26%	0.82%	0.26%
PINS	D	0.2%	0.14%	0.14%
PLTR	B	0.6%	0.58%	0.58%
QLYS	C	0.46%	0.17%	0.17%
SNPS	B	1.16%	0.2%	0.2%
UBER	D	1.11%	0.23%	0.23%
VRSK	A	0.22%	0.64%	0.22%
WDAY	B	0.66%	0.69%	0.66%

VUSE Overweight 96 Positions Relative to IETC

Symbol	Grade	Weight
V	A	2.17%
JPM	A	2.09%
WMT	A	2.06%
HD	A	2.05%
CVX	A	2.02%
BAC	A	1.97%
XOM	B	1.89%
JNJ	D	1.76%
KO	D	1.56%
BKNG	A	1.54%
MRK	F	1.49%
NFLX	A	1.44%
CMG	B	1.25%
PG	A	1.2%
ECL	D	1.16%
MAR	B	1.12%
T	A	1.1%
RDDT	B	1.04%
AMAT	F	1.02%
ABBV	D	1.01%
MO	A	1.0%
SBUX	A	0.98%
MCD	D	0.94%
TJX	A	0.93%
SHW	A	0.93%
POWL	C	0.87%
LLY	F	0.81%
IDCC	A	0.8%
COST	B	0.78%
TMUS	B	0.78%
EME	C	0.77%
AMP	A	0.75%
IESC	B	0.74%
AYI	B	0.74%
PIPR	B	0.73%
SYK	C	0.73%
ITW	B	0.72%
CAT	B	0.72%
CORT	B	0.7%
JXN	C	0.69%
FICO	B	0.69%
EQH	B	0.66%
AMR	C	0.64%
CVLT	B	0.64%
ZTS	D	0.64%
EXEL	B	0.63%
EPAC	B	0.6%
CTAS	B	0.59%
NRG	B	0.58%
NYT	C	0.56%
GWW	B	0.56%
FAST	B	0.56%
BOX	B	0.55%
PLMR	B	0.54%
UTHR	C	0.54%
TDG	D	0.52%
PAYX	C	0.51%
VST	B	0.5%
RMD	C	0.5%
NKE	D	0.5%
ERIE	D	0.5%
LSCC	D	0.5%
ODFL	B	0.5%
CASH	A	0.48%
YELP	C	0.48%
RMBS	C	0.47%
TREX	C	0.47%
DBRG	F	0.46%
JLL	D	0.46%
PLAB	C	0.46%
MTG	C	0.46%
SHO	C	0.45%
EOG	A	0.43%
DFIN	D	0.42%
BSX	B	0.41%
JKHY	D	0.41%
MTD	D	0.39%
CRUS	D	0.37%
ON	D	0.37%
A	D	0.36%
OTTR	C	0.35%
CSL	C	0.35%
DOCU	A	0.29%
HCC	B	0.27%
ACLS	F	0.26%
NSSC	D	0.25%
DBX	B	0.24%
BMI	B	0.23%
TRIP	F	0.21%
AOS	F	0.19%
MEDP	D	0.18%
APPF	B	0.15%
SPG	B	0.14%
PSTG	D	0.13%
CMCSA	B	0.13%
SEIC	B	0.11%

VUSE Underweight 87 Positions Relative to IETC

Symbol	Grade	Weight
ACN	C	-4.24%
CRM	B	-3.82%
VRSN	F	-1.99%
IBM	C	-1.92%
CSCO	B	-1.85%
CDNS	B	-1.84%
ICE	C	-1.6%
GOOG	C	-1.44%
QCOM	F	-1.35%
GPN	B	-1.12%
PH	A	-0.99%
TEAM	A	-0.84%
NTAP	C	-0.78%
EQIX	A	-0.74%
ADSK	A	-0.71%
SSNC	B	-0.71%
AMD	F	-0.7%
TYL	B	-0.63%
TTD	B	-0.62%
ZM	B	-0.6%
CDW	F	-0.57%
MPWR	F	-0.52%
LMT	D	-0.41%
ANSS	B	-0.4%
MU	D	-0.39%
CSGP	D	-0.37%
MCO	B	-0.35%
G	B	-0.32%
TXN	C	-0.3%
FDS	B	-0.3%
MSTR	C	-0.28%
COIN	C	-0.28%
TTEK	F	-0.21%
DASH	A	-0.21%
SQ	B	-0.2%
BAH	F	-0.2%
KEYS	A	-0.18%
MMC	B	-0.18%
BSY	D	-0.17%
TRU	D	-0.17%
DDOG	A	-0.16%
LRCX	F	-0.16%
CACI	D	-0.15%
AKAM	D	-0.14%
HUBS	A	-0.14%
IQV	D	-0.13%
SWKS	F	-0.13%
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%
INTU	C	-0.07%
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%
ILMN	D	-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