ETEC vs. MID ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to American Century Mid Cap Growth Impact ETF (MID)
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

$22.70

Average Daily Volume

337

Number of Holdings *

8

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

American Century Mid Cap Growth Impact ETF

MID Description The investment seeks long-term capital growth. The fund will invest principally in exchange-traded common stocks. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's assets in securities of medium capitalization companies that the portfolio managers believe will create impact by aligning with at least one of the SDGs. The fund may purchase securities of small and large capitalization companies as well. It may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$61.15

Average Daily Volume

6,172

Number of Holdings *

37

* may have additional holdings in another (foreign) market
Performance
Period ETEC MID
30 Days 13.25% 6.48%
60 Days 20.62% 13.71%
90 Days 8.24% 6.44%
12 Months 9.16% 40.31%
2 Overlapping Holdings
Symbol Grade Weight in ETEC Weight in MID Overlap
ENPH F 3.55% 1.58% 1.58%
XYL C 2.63% 2.66% 2.63%
ETEC Overweight 6 Positions Relative to MID
Symbol Grade Weight
BWA C 5.87%
OLED B 5.5%
TSLA C 3.67%
FSLR C 3.61%
LCID F 1.45%
SEDG F 1.06%
ETEC Underweight 35 Positions Relative to MID
Symbol Grade Weight
MPWR B -6.53%
MANH A -5.8%
RSG D -4.68%
CDNS D -4.42%
ESI C -4.19%
NET D -3.97%
AVNT C -3.52%
MSCI B -3.43%
CMG C -3.35%
TT A -3.2%
BFAM C -3.06%
VRT B -3.04%
CHD D -2.77%
DUOL B -2.6%
ABNB D -2.59%
HUBB A -2.39%
DXCM F -2.3%
IDXX D -2.14%
J F -2.01%
LII C -2.01%
IQV F -1.96%
TECH D -1.94%
LULU D -1.88%
PODD C -1.77%
ONON A -1.65%
NTRA A -1.63%
ARGX C -1.58%
CNM F -1.55%
TRGP A -1.44%
ALNY C -1.38%
GEHC C -1.27%
VST A -1.1%
EFX D -1.04%
INSP C -1.03%
EE B -0.29%
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