IBLC vs. KWEB ETF Comparison

Comparison of iShares Blockchain and Tech ETF (IBLC) to KraneShares CSI China Internet ETF (KWEB)

IBLC

iShares Blockchain and Tech ETF

IBLC Description

The fund invests at least 80% 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 index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in theindex. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.29

Average Daily Volume

14,081

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KWEB

KraneShares CSI China Internet ETF

KWEB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of a specific foreign equity securities benchmark. The fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index or in depositary receipts representing securities of the underlying index. The underlying index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.16

Average Daily Volume

27,830,621

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBLC	KWEB
30 Days	9.50%	-16.21%
60 Days	11.05%	25.18%
90 Days	9.20%	25.48%
12 Months	81.13%	24.28%

0 Overlapping Holdings

	Symbol	Grade	Weight in IBLC	Weight in KWEB	Overlap

IBLC Overweight 18 Positions Relative to KWEB

Symbol	Grade	Weight
COIN	C	12.18%
MARA	D	11.69%
CLSK	C	9.43%
CORZ	B	9.18%
WULF	B	5.36%
RIOT	C	5.14%
HUT	B	4.06%
NVDA	B	3.9%
CIFR	B	3.8%
AMD	F	3.27%
IBM	C	3.11%
MA	B	3.06%
APLD	C	3.05%
PYPL	B	1.76%
SQ	B	0.84%
HOOD	B	0.34%
FOXA	A	0.2%
DXC	D	0.08%

IBLC Underweight 16 Positions Relative to KWEB

Symbol	Grade	Weight
BABA	B	-9.92%
PDD	C	-6.1%
BEKE	A	-4.7%
TCOM	A	-4.32%
YMM	B	-3.66%
BILI	A	-3.46%
BIDU	F	-3.35%
VIPS	F	-3.17%
QFIN	B	-2.99%
TAL	B	-2.92%
TME	D	-2.86%
BZ	C	-2.44%
ATHM	D	-1.18%
YY	D	-0.68%
WB	B	-0.5%
IQ	C	-0.45%