ETEC vs. COWS ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Amplify Cash Flow Dividend Leaders ETF (COWS)
ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$19.80

Average Daily Volume

521

Number of Holdings *

11

* may have additional holdings in another (foreign) market
COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$31.69

Average Daily Volume

6,514

Number of Holdings *

53

* may have additional holdings in another (foreign) market
Performance
Period ETEC COWS
30 Days -3.23% 8.32%
60 Days -7.26% 7.64%
90 Days -3.37% 8.17%
12 Months -6.86% 29.39%
1 Overlapping Holdings
Symbol Grade Weight in ETEC Weight in COWS Overlap
BWA D 6.35% 1.37% 1.37%
ETEC Overweight 10 Positions Relative to COWS
Symbol Grade Weight
TSLA B 5.97%
OLED D 4.92%
XPEV C 4.28%
LI F 3.41%
FSLR F 3.26%
XYL D 2.69%
NIO F 2.46%
ENPH F 2.31%
LCID F 1.14%
SEDG F 0.6%
ETEC Underweight 52 Positions Relative to COWS
Symbol Grade Weight
VST B -4.0%
SNA A -2.95%
OC A -2.76%
G B -2.68%
CMCSA B -2.56%
MRO B -2.49%
CF B -2.48%
SLB C -2.48%
HAL C -2.43%
BC C -2.42%
FNF B -2.35%
FDX B -2.31%
EBAY D -2.3%
TPR B -2.21%
WSM B -2.17%
TKR D -2.13%
BMY B -2.07%
ALSN B -2.03%
PARA C -2.02%
SM B -2.02%
PVH C -1.95%
PTEN C -1.93%
VLO C -1.89%
NXST C -1.86%
SWKS F -1.84%
BEN C -1.8%
BBWI D -1.75%
NOV C -1.74%
PR B -1.74%
MGY A -1.73%
MUR D -1.72%
MTDR B -1.67%
GAP C -1.67%
ASO F -1.63%
T A -1.6%
MCK B -1.48%
DVN F -1.48%
VNT B -1.46%
OLN D -1.45%
TMUS B -1.43%
DNB B -1.43%
AYI B -1.4%
CSCO B -1.34%
AEO F -1.33%
LEA D -1.33%
RL B -1.29%
OGN D -1.29%
OSK B -1.27%
INGR B -1.25%
IPG D -1.23%
SAIC F -1.19%
ENS D -1.12%
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