GARP vs. XPND ETF Comparison

Comparison of iShares MSCI USA Quality GARP ETF (GARP) to First Trust Expanded Technology ETF (XPND)

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

XPND

First Trust Expanded Technology ETF

XPND Description

The investment seeks to provide long-term capital appreciation. The fund will invest at least 80% of its net assets in the common stocks of companies identified by it?s investment advisor as either information technology companies or consumer discretionary and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as ?Expanded Technology Companies?). The fund?s investments will be concentrated (i.e., invest more than 25% of fund assets) in the industries or group of industries comprising the information technology sector. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.47

Average Daily Volume

2,788

Number of Holdings ^*

50

* may have additional holdings in another (foreign) market

Performance

Period	GARP	XPND
30 Days	6.13%	4.85%
60 Days	5.15%	6.75%
90 Days	6.86%	8.85%
12 Months	42.31%	36.30%

29 Overlapping Holdings

	Symbol	Grade	Weight in GARP	Weight in XPND	Overlap
	AAPL	C	4.72%	4.09%	4.09%
	ADBE	C	4.42%	3.79%	3.79%
	ADSK	A	0.21%	1.15%	0.21%
	AMAT	F	2.92%	2.66%	2.66%
	ANET	C	0.32%	2.1%	0.32%
	APP	B	0.37%	0.7%	0.37%
	AVGO	D	4.77%	4.3%	4.3%
	CPAY	A	0.21%	0.27%	0.21%
	CRM	B	2.03%	5.38%	2.03%
	CRWD	B	0.25%	1.46%	0.25%
	GOOGL	C	3.1%	4.41%	3.1%
	INTU	C	1.24%	3.4%	1.24%
	IT	C	0.13%	0.25%	0.13%
	KLAC	D	3.73%	1.5%	1.5%
	LRCX	F	1.85%	1.69%	1.69%
	MA	C	4.23%	4.42%	4.23%
	MANH	D	0.38%	0.24%	0.24%
	META	D	4.29%	4.55%	4.29%
	MPWR	F	0.09%	0.14%	0.09%
	MSFT	F	4.71%	4.2%	4.2%
	NOW	A	0.67%	3.71%	0.67%
	NVDA	C	5.41%	5.05%	5.05%
	ORCL	B	1.96%	5.44%	1.96%
	PANW	C	0.4%	2.22%	0.4%
	PTC	A	0.15%	0.24%	0.15%
	QCOM	F	1.16%	3.17%	1.16%
	TMUS	B	0.36%	4.81%	0.36%
	V	A	2.04%	4.58%	2.04%
	WDAY	B	0.36%	1.24%	0.36%

GARP Overweight 116 Positions Relative to XPND

	Symbol	Grade	Weight
	TSLA	B	6.23%
	LLY	F	2.66%
	MRK	F	2.09%
	GE	D	1.64%
	AMD	F	1.42%
	AMZN	C	1.38%
	PGR	A	1.26%
	GWW	B	1.02%
	GOOG	C	0.92%
	ODFL	B	0.85%
	ABNB	C	0.83%
	RCL	A	0.8%
	CMG	B	0.8%
	AMP	A	0.78%
	LULU	C	0.74%
	IDXX	F	0.68%
	FLUT	A	0.66%
	SHW	A	0.65%
	MELI	D	0.6%
	APO	B	0.56%
	GS	A	0.55%
	DECK	A	0.53%
	NFLX	A	0.52%
	BKNG	A	0.49%
	CPRT	A	0.48%
	AXP	A	0.47%
	HWM	A	0.43%
	SLB	C	0.43%
	PLTR	B	0.38%
	GEV	B	0.37%
	DASH	A	0.37%
	HAL	C	0.37%
	ULTA	F	0.36%
	VRT	B	0.36%
	NXPI	D	0.36%
	VRTX	F	0.35%
	EQT	B	0.34%
	WSM	B	0.33%
	ACGL	D	0.32%
	EXPE	B	0.32%
	APTV	D	0.29%
	STLD	B	0.29%
	NUE	C	0.29%
	LII	A	0.27%
	TPL	A	0.26%
	CDNS	B	0.26%
	KKR	A	0.26%
	SNPS	B	0.26%
	CTRA	B	0.26%
	DELL	C	0.24%
	MCK	B	0.22%
	PAYC	B	0.22%
	DVN	F	0.21%
	LPLA	A	0.2%
	UBER	D	0.19%
	FTNT	C	0.19%
	FICO	B	0.18%
	GDDY	A	0.17%
	HES	B	0.17%
	APA	D	0.16%
	MRO	B	0.14%
	AZO	C	0.14%
	DKNG	B	0.13%
	TEAM	A	0.13%
	AMT	D	0.13%
	KNX	B	0.13%
	SQ	A	0.13%
	DDOG	A	0.12%
	BURL	A	0.12%
	DT	C	0.1%
	ORLY	B	0.1%
	PSTG	D	0.1%
	ENTG	D	0.1%
	VEEV	C	0.1%
	TDG	D	0.1%
	H	B	0.1%
	IQV	D	0.1%
	DOCU	A	0.1%
	FCX	D	0.09%
	HLT	A	0.09%
	DAL	C	0.09%
	DOW	F	0.09%
	FANG	D	0.09%
	JBL	B	0.09%
	DXCM	D	0.08%
	WBD	C	0.07%
	LNG	B	0.07%
	CE	F	0.07%
	COIN	C	0.07%
	TRGP	B	0.06%
	SMCI	F	0.06%
	ZS	C	0.06%
	AXON	A	0.06%
	SBAC	D	0.06%
	MKL	A	0.06%
	ALNY	D	0.05%
	LW	C	0.05%
	PODD	C	0.05%
	ARES	A	0.05%
	MOH	F	0.05%
	ENPH	F	0.05%
	NBIX	C	0.04%
	OVV	B	0.04%
	INCY	C	0.04%
	FWONK	B	0.03%
	PINS	D	0.03%
	MGM	D	0.03%
	ALLY	C	0.03%
	NRG	B	0.03%
	CTLT	B	0.03%
	LYV	A	0.03%
	IOT	A	0.03%
	SNAP	C	0.02%
	MRNA	F	0.02%
	DVA	B	0.02%
	CELH	F	0.01%

GARP Underweight 21 Positions Relative to XPND

	Symbol	Grade	Weight
	IBM	C	-3.34%
	TXN	C	-3.26%
	FI	A	-2.11%
	APH	A	-1.52%
	PYPL	B	-1.52%
	MSI	B	-1.43%
	MRVL	B	-1.36%
	CHTR	C	-0.98%
	WMG	C	-0.27%
	GEN	B	-0.26%
	FOXA	B	-0.26%
	EA	A	-0.25%
	TDY	B	-0.25%
	HPE	B	-0.25%
	TYL	C	-0.24%
	OMC	C	-0.24%
	NTAP	C	-0.22%
	BSY	D	-0.21%
	SWKS	F	-0.18%
	TER	D	-0.18%
	CDW	F	-0.18%

GARP: Top Represented Industries & Keywords

Industries: Software - Application Oil & Gas E&P Software - Infrastructure Internet Content & Information Semiconductors Specialty Retail Biotechnology Semiconductor Equipment & Materials Asset Management Credit Services Diagnostics & Research Telecom Services Aerospace & Defense Capital Markets Chemicals Computer Systems Drug Manufacturers - Major Gambling Insurance - Property & Casualty Internet Content & Information

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing IBD 50 Software Dow Jones Component Work From Home Cloud Infrastructure Mobile Devices Integrated Circuits Natural Gas Semiconductor Petroleum Industry Smartphones Software As A Service Telecommunications Life Sciences Operating System Cybersecurity

XPND: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Semiconductor Equipment & Materials Credit Services Information Technology Services Software - Infrastructure Business Services Communication Equipment Internet Content & Information Advertising Agencies Broadcasting - TV Computer Systems Consumer Electronics Data Storage Electronic Components Electronic Gaming & Multimedia Entertainment Pay TV Scientific & Technical Instruments Telecom Services

Keywords: S&P 500 Nasdaq 100 Computing Operating System Work From Home Semiconductor Smartphones Software Cloud Computing Integrated Circuits Mobile Devices Dow Jones Component Software As A Service Telecommunications Broadband Fabless Semiconductor Companies Payment Systems Software Development CRM Cloud Infrastructure