XLK vs. IETC ETF Comparison

Comparison of SPDR Select Sector Fund - Technology (XLK) to iShares Evolved U.S. Technology ETF (IETC)

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$192.53

Average Daily Volume

6,753,404

Number of Holdings ^*

* 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

$65.75

Average Daily Volume

38,816

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	XLK	IETC
30 Days	-8.18%	-7.57%
60 Days	-4.80%	-3.77%
90 Days	-3.66%	1.13%
12 Months	30.93%	42.38%

47 Overlapping Holdings

Symbol	Grade	Weight in XLK	Weight in IETC	Overlap
AAPL	F	20.12%	2.45%	2.45%
ACN	D	2.14%	5.26%	2.14%
ADBE	D	2.32%	1.08%	1.08%
ADSK	D	0.54%	0.17%	0.17%
AKAM	D	0.17%	0.17%	0.17%
AMD	D	2.83%	0.85%	0.85%
ANET	D	0.72%	0.37%	0.37%
ANSS	C	0.31%	0.39%	0.31%
AVGO	B	4.63%	9.35%	4.63%
CDNS	C	0.9%	2.01%	0.9%
CDW	C	0.35%	0.78%	0.35%
CRM	C	2.88%	5.5%	2.88%
CSCO	D	2.14%	2.22%	2.14%
ENPH	F	0.17%	0.04%	0.04%
FICO	D	0.31%	0.09%	0.09%
FTNT	D	0.45%	0.16%	0.16%
GLW	C	0.26%	0.02%	0.02%
HPQ	D	0.27%	0.14%	0.14%
IBM	C	1.81%	1.95%	1.81%
INTC	F	1.67%	0.53%	0.53%
INTU	C	1.87%	0.06%	0.06%
IT	C	0.39%	0.54%	0.39%
JNPR	C	0.13%	0.06%	0.06%
KEYS	D	0.29%	0.18%	0.18%
KLAC	C	1.0%	0.18%	0.18%
LRCX	B	1.35%	0.21%	0.21%
MPWR	D	0.34%	0.19%	0.19%
MSFT	B	23.33%	10.22%	10.22%
MSI	A	0.61%	1.68%	0.61%
MU	A	1.46%	0.26%	0.26%
NOW	C	1.65%	1.55%	1.55%
NTAP	B	0.23%	0.28%	0.23%
NVDA	B	4.43%	8.36%	4.43%
NXPI	D	0.65%	0.13%	0.13%
ORCL	B	2.09%	3.55%	2.09%
PANW	B	0.94%	0.35%	0.35%
QCOM	B	2.07%	0.9%	0.9%
QRVO	C	0.12%	0.17%	0.12%
ROP	B	0.62%	0.09%	0.09%
SMCI	D	0.48%	0.18%	0.18%
SNPS	D	0.91%	0.2%	0.2%
TDY	D	0.21%	0.05%	0.05%
TER	D	0.17%	0.1%	0.1%
TRMB	C	0.16%	0.09%	0.09%
TXN	D	1.65%	0.25%	0.25%
TYL	D	0.18%	0.42%	0.18%
VRSN	F	0.18%	1.17%	0.18%

XLK Overweight 17 Positions Relative to IETC

Symbol	Grade	Weight
AMAT	B	1.87%
ADI	C	1.03%
APH	B	0.74%
MCHP	C	0.51%
TEL	B	0.48%
CTSH	D	0.37%
ON	F	0.31%
WDC	A	0.25%
HPE	A	0.24%
PTC	C	0.23%
FSLR	B	0.21%
SWKS	D	0.18%
STX	D	0.18%
JBL	D	0.18%
ZBRA	B	0.16%
EPAM	D	0.16%
FFIV	C	0.12%

XLK Underweight 103 Positions Relative to IETC

Symbol	Grade	Weight
AMZN	B	-8.16%
META	B	-2.28%
GOOGL	A	-2.11%
GOOG	A	-1.8%
ICE	C	-1.36%
MANH	D	-1.09%
MRVL	D	-0.92%
MA	C	-0.84%
PH	B	-0.78%
EQIX	D	-0.64%
SPGI	C	-0.61%
ADP	C	-0.57%
SNOW	F	-0.57%
FDS	D	-0.54%
COIN	B	-0.47%
CRWD	D	-0.47%
V	C	-0.47%
CSGP	B	-0.46%
NET	D	-0.43%
ZM	F	-0.37%
LMT	A	-0.35%
DELL	A	-0.34%
CPAY	A	-0.28%
MCO	C	-0.27%
FIS	A	-0.26%
BA	F	-0.25%
VRSK	D	-0.24%
UBER	D	-0.24%
CME	B	-0.23%
PLTR	D	-0.22%
G	D	-0.22%
BKNG	C	-0.21%
MMC	B	-0.21%
SNAP	D	-0.21%
TTEK	A	-0.21%
BAH	C	-0.19%
WDAY	D	-0.19%
QLYS	D	-0.19%
GPN	D	-0.18%
PINS	D	-0.17%
DASH	B	-0.17%
BSY	B	-0.17%
TTD	B	-0.16%
DDOG	C	-0.16%
PAYX	B	-0.16%
IQV	C	-0.15%
VRT	A	-0.15%
HUBS	A	-0.14%
JKHY	C	-0.14%
ABNB	B	-0.13%
TRU	D	-0.13%
OMC	A	-0.13%
SLB	D	-0.12%
IRM	B	-0.12%
SQ	D	-0.12%
IPG	D	-0.11%
CFLT	F	-0.11%
EBAY	A	-0.11%
CACI	B	-0.11%
NSIT	C	-0.11%
A	C	-0.1%
VEEV	D	-0.1%
MSCI	D	-0.1%
AON	D	-0.09%
EA	D	-0.09%
SSNC	C	-0.08%
PSTG	B	-0.08%
ASGN	B	-0.08%
FBIN	C	-0.07%
BR	C	-0.07%
NDAQ	A	-0.07%
PAYC	D	-0.07%
SLAB	F	-0.07%
ROK	D	-0.07%
BBY	B	-0.06%
J	C	-0.06%
DLR	C	-0.06%
ILMN	F	-0.05%
MMS	B	-0.05%
LPLA	B	-0.05%
SAIC	C	-0.05%
CL	B	-0.04%
OKTA	D	-0.04%
APPN	D	-0.04%
DXC	F	-0.04%
DOCN	F	-0.04%
CPNG	A	-0.04%
RBLX	D	-0.03%
ZI	F	-0.03%
BILL	F	-0.03%
AMRC	F	-0.03%
ROL	C	-0.02%
APTV	F	-0.02%
XYL	A	-0.02%
MRCY	F	-0.02%
SEE	F	-0.02%
RIVN	F	-0.01%
TEAM	D	-0.01%
TOST	B	-0.01%
SMAR	F	-0.01%
GDDY	A	-0.01%
ALGN	B	-0.0%
FTV	C	-0.0%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Capital Markets Computer Systems Diversified Industrials Scientific & Technical Instruments Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Engineering & Construction Financial Data & Stock Exchanges Specialty Retail Advertising Agencies Aerospace & Defense Credit Services Data Storage