IBAT vs. WBAT ETF Comparison

Comparison of iShares Energy Storage & Materials ETF (IBAT) to WisdomTree Battery Value Chain and Innovation Fund (WBAT)

IBAT

iShares Energy Storage & Materials ETF

IBAT Description

The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.39

Average Daily Volume

352

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBAT

WisdomTree Battery Value Chain and Innovation Fund

WBAT Description

WisdomTree Battery Value Chain and Innovation Fund is an exchange traded fund launched by WisdomTree Investments, Inc. The fund is co-managed by Mellon Investments Corporation and WisdomTree Asset Management, Inc. It invests in public equity markets of global region. The fund invests in stocks of companies operating across battery and energy storage solutions and innovation sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the WisdomTree Battery Value Chain and Innovation Index, by using representative sampling technique. WisdomTree Battery Value Chain and Innovation Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$27.67

Average Daily Volume

2,136

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBAT	WBAT
30 Days	-2.72%	1.17%
60 Days	-5.60%	10.57%
90 Days	-3.88%	9.01%
12 Months		-2.76%

3 Overlapping Holdings

Symbol	Grade	Weight in IBAT	Weight in WBAT	Overlap
BE	B	2.84%	7.65%	2.84%
CHPT	F	0.29%	3.16%	0.29%
ENS	F	2.55%	3.38%	2.55%

IBAT Overweight 11 Positions Relative to WBAT

Symbol	Grade	Weight
APD	A	7.15%
ETN	A	3.68%
LIN	C	2.99%
ENPH	F	2.74%
DOW	F	1.21%
QS	F	1.08%
PLUG	F	0.98%
FLNC	D	0.84%
SEDG	F	0.4%
FCEL	B	0.07%
STEM	F	0.04%

IBAT Underweight 18 Positions Relative to WBAT

Symbol	Grade	Weight
JOBY	B	-4.26%
SQM	D	-1.62%
JCI	B	-1.4%
TSLA	B	-1.28%
QCOM	F	-0.8%
CAT	B	-0.57%
APTV	F	-0.53%
F	C	-0.42%
HMC	F	-0.42%
TM	F	-0.39%
LMT	D	-0.37%
GM	C	-0.37%
MCHP	F	-0.36%
TDG	D	-0.36%
MMM	D	-0.28%
APH	A	-0.27%
ADI	D	-0.26%
TXN	C	-0.23%