ETEC vs. MCSE ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to Martin Currie Sustainable International Equity ETF (MCSE)

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

MCSE

Martin Currie Sustainable International Equity ETF

MCSE Description

Martin Currie Sustainable International Equity ETF strives to provide long-term capital appreciation by investing in equity and equity-related securities of foreign companies. The fund focuses on finding companies that have a strong history of offering high and sustainable returns on invested capital over time.

Grade (RS Rating)

Last Trade

$13.35

Average Daily Volume

4,550

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	ETEC	MCSE
30 Days	-3.23%	-6.87%
60 Days	-7.26%	-10.47%
90 Days	-3.37%	-12.30%
12 Months	-6.86%	-2.87%

0 Overlapping Holdings

	Symbol	Grade	Weight in ETEC	Weight in MCSE	Overlap

ETEC Overweight 11 Positions Relative to MCSE

	Symbol	Grade	Weight
	BWA	D	6.35%
	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 2 Positions Relative to MCSE

	Symbol	Grade	Weight
	LIN	D	-5.57%
	MTD	D	-4.79%

ETEC: Top Represented Industries & Keywords

Industries: Auto Manufacturers Semiconductor Equipment & Materials Solar Auto Parts Diversified Industrials

Keywords: Electric Vehicle S&P 500 Transport Cars Motor Vehicles Nasdaq 100 Photovoltaic System Photovoltaics Automotive Manufacturers Electromagnetism Inverter Systems Inverters Power Systems Powertrain Renewable Energy Solar Panel Solar Power Solar Power Systems Sport Utility Vehicle Actuator

MCSE: Top Represented Industries & Keywords

Industries: Diagnostics & Research Specialty Chemicals

Keywords: Chemical S&P 500 Aerospace Air Separation Analytical Instruments Argon Automatic Identification Automatic Identification And Data Capture Beverage Carbonation Beverage Producers Biotechnology Carbon Dioxide Carbon Monoxide Carbonation Cheese Chemical Substances Chemistry Solutions Corrosion Dry Ice Electronics Industries