AIEQ vs. IETC ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to iShares Evolved U.S. Technology ETF (IETC)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.30

Average Daily Volume

7,391

Number of Holdings ^*

136

* 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

$81.65

Average Daily Volume

18,916

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	IETC
30 Days	4.52%	0.84%
60 Days	7.97%	4.98%
90 Days	9.48%	7.43%
12 Months	31.20%	38.85%

15 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in IETC	Overlap
AMZN	B	3.9%	8.02%	3.9%
AVGO	C	3.35%	11.87%	3.35%
BSY	D	0.19%	0.17%	0.17%
CFLT	B	0.07%	0.09%	0.07%
CRWD	B	2.94%	0.33%	0.33%
DASH	A	0.93%	0.21%	0.21%
ENPH	F	0.43%	0.02%	0.02%
GOOGL	B	3.4%	2.34%	2.34%
LPLA	A	1.01%	0.06%	0.06%
NVDA	A	4.07%	8.78%	4.07%
PLTR	A	2.62%	0.58%	0.58%
QRVO	F	0.59%	0.06%	0.06%
RIVN	F	0.14%	0.01%	0.01%
SQ	A	0.81%	0.2%	0.2%
TEAM	A	0.92%	0.84%	0.84%

AIEQ Overweight 121 Positions Relative to IETC

Symbol	Grade	Weight
INTC	C	3.77%
GS	B	3.64%
DIS	B	2.63%
ISRG	A	2.6%
NKE	F	2.52%
VRTX	D	2.27%
ELV	F	2.24%
APH	B	2.2%
CVX	A	2.09%
FI	A	2.08%
VST	A	1.88%
APP	A	1.73%
BA	D	1.65%
CHTR	B	1.38%
EMR	A	1.37%
SNOW	C	1.34%
FANG	D	1.32%
UPS	C	1.28%
ZS	B	1.02%
EW	C	1.02%
HST	D	0.98%
F	C	0.95%
RCL	A	0.94%
DXCM	C	0.94%
LVS	B	0.89%
TDG	D	0.87%
HWM	A	0.82%
HPE	B	0.77%
FSLR	F	0.77%
DFS	B	0.72%
EL	F	0.72%
BIIB	F	0.71%
WSM	D	0.66%
GPC	F	0.62%
STLD	B	0.62%
LNG	A	0.61%
CSL	C	0.59%
LYB	F	0.59%
GRMN	B	0.55%
OKTA	D	0.54%
MGM	D	0.54%
UHS	D	0.53%
XPO	B	0.51%
PSTG	F	0.5%
LII	A	0.49%
RHP	B	0.47%
ETSY	D	0.43%
LLY	F	0.42%
FCNCA	A	0.42%
SFM	A	0.39%
IEX	B	0.37%
AAP	D	0.36%
GNRC	B	0.36%
HRB	D	0.35%
AOS	F	0.34%
CTLT	D	0.33%
SNX	D	0.33%
FN	B	0.32%
ESTC	C	0.31%
GL	C	0.3%
EXP	B	0.29%
KBR	F	0.29%
RH	D	0.29%
BWXT	A	0.29%
GFS	C	0.27%
NVT	C	0.27%
HOG	F	0.27%
HALO	F	0.25%
APA	F	0.24%
RYAN	B	0.24%
TECH	F	0.22%
OSK	C	0.22%
FLR	B	0.22%
TTC	F	0.22%
MTSI	B	0.21%
BPMC	C	0.21%
CMC	B	0.2%
CNX	A	0.19%
HLI	B	0.19%
COOP	B	0.19%
SEE	D	0.18%
FIVN	C	0.18%
LNC	B	0.18%
HAE	C	0.18%
DCI	B	0.17%
EEFT	C	0.17%
NBIX	C	0.17%
VKTX	F	0.17%
ACI	C	0.17%
GMED	A	0.17%
CHRD	F	0.17%
LNTH	F	0.16%
TENB	D	0.16%
DINO	D	0.16%
MAN	F	0.16%
MUR	F	0.15%
SUM	B	0.15%
ITCI	B	0.14%
OMF	A	0.14%
PRGO	C	0.14%
TREX	D	0.14%
POWI	D	0.14%
JAZZ	C	0.14%
TDW	F	0.13%
ST	F	0.13%
CIVI	D	0.13%
ORA	B	0.13%
CHE	F	0.13%
SM	C	0.12%
HP	C	0.12%
LPX	B	0.12%
MSA	D	0.11%
VVV	D	0.11%
NOG	B	0.11%
TKR	F	0.11%
GATX	B	0.1%
EXPO	D	0.1%
AM	A	0.1%
CHX	C	0.07%
WFRD	F	0.07%
RIG	D	0.05%

AIEQ Underweight 102 Positions Relative to IETC

Symbol	Grade	Weight
MSFT	D	-7.7%
ACN	C	-4.24%
CRM	B	-3.82%
ORCL	A	-3.5%
AAPL	C	-2.42%
MSI	B	-2.4%
NOW	B	-2.11%
VRSN	F	-1.99%
IBM	C	-1.92%
CSCO	B	-1.85%
CDNS	B	-1.84%
META	C	-1.79%
ICE	C	-1.6%
GOOG	B	-1.44%
QCOM	F	-1.35%
MANH	D	-1.28%
FTNT	B	-1.25%
ADBE	D	-1.19%
GPN	C	-1.12%
PH	B	-0.99%
MA	B	-0.95%
PANW	B	-0.82%
NTAP	C	-0.78%
EQIX	A	-0.74%
ADSK	B	-0.71%
SSNC	C	-0.71%
AMD	F	-0.7%
WDAY	C	-0.69%
ABNB	D	-0.66%
VRSK	B	-0.64%
TYL	B	-0.63%
IT	C	-0.62%
TTD	B	-0.62%
ZM	B	-0.6%
ANET	C	-0.58%
CDW	F	-0.57%
MPWR	F	-0.52%
LMT	D	-0.41%
ANSS	B	-0.4%
MU	D	-0.39%
CSGP	F	-0.37%
MCO	D	-0.35%
KLAC	F	-0.34%
G	B	-0.32%
TXN	C	-0.3%
FDS	B	-0.3%
MSTR	A	-0.28%
COIN	A	-0.28%
UBER	F	-0.23%
TTEK	F	-0.21%
SNPS	C	-0.2%
BAH	D	-0.2%
KEYS	C	-0.18%
MMC	D	-0.18%
QLYS	C	-0.17%
TRU	D	-0.17%
DDOG	A	-0.16%
LRCX	F	-0.16%
CACI	C	-0.15%
AKAM	F	-0.14%
PINS	F	-0.14%
HUBS	B	-0.14%
IQV	F	-0.13%
SWKS	F	-0.13%
MSCI	B	-0.12%
EA	A	-0.12%
VEEV	C	-0.11%
NSIT	F	-0.1%
IPG	F	-0.1%
TER	F	-0.1%
NDAQ	A	-0.09%
IRM	C	-0.09%
VRT	A	-0.09%
SLB	C	-0.09%
INTU	B	-0.07%
ADP	B	-0.07%
SNAP	D	-0.07%
ROK	B	-0.07%
CPAY	A	-0.06%
TDY	B	-0.06%
CBOE	C	-0.06%
SLAB	F	-0.06%
CPNG	D	-0.06%
DELL	B	-0.06%
JNPR	D	-0.06%
BBY	D	-0.06%
FBIN	F	-0.06%
DOCN	D	-0.05%
MMS	D	-0.05%
ILMN	C	-0.05%
SAIC	F	-0.05%
CL	D	-0.04%
APPN	C	-0.04%
BILL	B	-0.04%
DXC	D	-0.04%
GLW	B	-0.03%
ZI	D	-0.02%
XYL	D	-0.02%
GDDY	A	-0.01%
ALGN	D	-0.0%
GRAL	C	-0.0%
FTV	D	-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