XLK vs. IQM ETF Comparison

Comparison of SPDR Select Sector Fund - Technology (XLK) to Franklin Intelligent Machines ETF (IQM)

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

$233.60

Average Daily Volume

3,899,973

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.74

Average Daily Volume

4,362

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLK	IQM
30 Days	2.26%	7.46%
60 Days	5.18%	9.03%
90 Days	4.49%	7.71%
12 Months	27.37%	42.26%

25 Overlapping Holdings

Symbol	Grade	Weight in XLK	Weight in IQM	Overlap
AAPL	C	14.45%	4.22%	4.22%
ADI	D	1.13%	1.32%	1.13%
ADSK	A	0.71%	1.94%	0.71%
AMAT	F	1.54%	2.3%	1.54%
AMD	F	2.44%	2.02%	2.02%
APH	A	0.91%	1.32%	0.91%
AVGO	D	4.24%	1.98%	1.98%
CDNS	B	0.88%	4.11%	0.88%
CRWD	B	0.86%	0.87%	0.86%
FSLR	F	0.23%	0.37%	0.23%
KEYS	A	0.29%	0.83%	0.29%
KLAC	D	0.91%	1.23%	0.91%
LRCX	F	1.0%	1.12%	1.0%
MCHP	D	0.38%	0.3%	0.3%
MPWR	F	0.31%	0.17%	0.17%
NVDA	C	14.37%	13.69%	13.69%
NXPI	D	0.61%	0.45%	0.45%
PLTR	B	1.34%	0.35%	0.35%
PTC	A	0.25%	1.29%	0.25%
ROP	B	0.64%	0.83%	0.64%
SNPS	B	0.87%	3.83%	0.87%
TER	D	0.18%	1.4%	0.18%
TRMB	B	0.19%	0.47%	0.19%
TXN	C	2.06%	0.66%	0.66%
ZBRA	B	0.22%	0.98%	0.22%

XLK Overweight 43 Positions Relative to IQM

Symbol	Grade	Weight
MSFT	F	12.88%
CRM	B	3.39%
ORCL	B	3.23%
CSCO	B	2.51%
ADBE	C	2.41%
ACN	C	2.4%
NOW	A	2.25%
IBM	C	2.08%
INTU	C	2.06%
QCOM	F	1.99%
PANW	C	1.36%
MU	D	1.17%
INTC	D	1.15%
ANET	C	1.04%
MSI	B	0.89%
FTNT	C	0.63%
FICO	B	0.61%
IT	C	0.44%
DELL	C	0.43%
CTSH	B	0.41%
HPQ	B	0.4%
GLW	B	0.39%
ANSS	B	0.32%
ON	D	0.31%
HPE	B	0.3%
TYL	B	0.28%
GDDY	A	0.28%
NTAP	C	0.27%
CDW	F	0.26%
TDY	B	0.24%
WDC	D	0.23%
STX	D	0.22%
GEN	B	0.17%
JBL	B	0.16%
VRSN	F	0.16%
SWKS	F	0.15%
FFIV	B	0.15%
AKAM	D	0.14%
EPAM	C	0.14%
JNPR	F	0.13%
SMCI	F	0.12%
ENPH	F	0.09%
QRVO	F	0.07%

XLK Underweight 24 Positions Relative to IQM

Symbol	Grade	Weight
ISRG	A	-5.81%
AXON	A	-5.68%
TSLA	B	-4.41%
TSM	B	-4.01%
ASML	F	-2.83%
PWR	A	-2.7%
UBER	D	-1.31%
GEV	B	-1.24%
VRT	B	-1.23%
ALTR	B	-1.22%
VMI	B	-1.19%
ETN	A	-1.03%
AVAV	D	-0.91%
IDXX	F	-0.71%
PRCT	B	-0.7%
ENTG	D	-0.61%
BKR	B	-0.57%
IOT	A	-0.53%
BSY	D	-0.38%
PSTG	D	-0.35%
SITM	B	-0.32%
FTI	A	-0.26%
OII	B	-0.26%
ALGN	D	-0.23%

IQM: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Software - Application Software - Infrastructure Oil & Gas Equipment & Services Aerospace & Defense Diversified Industrials Medical Devices Scientific & Technical Instruments Auto Manufacturers Conglomerates Consumer Electronics Data Storage Diagnostics & Research Electronic Components Engineering & Construction Medical Instruments & Supplies Metal Fabrication Solar Specialty Industrial Machinery