IDRV vs. ETEC ETF Comparison

Comparison of iShares Self-Driving EV and Tech ETF (IDRV) to iShares Breakthrough Environmental Solutions ETF (ETEC)

IDRV

iShares Self-Driving EV and Tech ETF

IDRV Description

The investment seeks to track the investment results of the NYSE® FactSet Global Autonomous Driving and Electric Vehicle Index. The index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. The fund generally will invest at least 90% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.34

Average Daily Volume

33,269

Number of Holdings ^*

24

* may have additional holdings in another (foreign) market

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

Performance

Period	IDRV	ETEC
30 Days	-1.15%	-3.23%
60 Days	-0.91%	-7.26%
90 Days	0.72%	-3.37%
12 Months	-10.42%	-6.86%

5 Overlapping Holdings

	Symbol	Grade	Weight in IDRV	Weight in ETEC	Overlap
	LCID	F	2.54%	1.14%	1.14%
	LI	F	4.74%	3.41%	3.41%
	NIO	F	3.95%	2.46%	2.46%
	TSLA	B	7.95%	5.97%	5.97%
	XPEV	C	6.09%	4.28%	4.28%

IDRV Overweight 19 Positions Relative to ETEC

	Symbol	Grade	Weight
	ALTM	C	5.3%
	RIVN	F	3.61%
	QS	F	2.47%
	APTV	D	1.86%
	BLBD	D	1.81%
	ALV	C	1.03%
	GNTX	C	0.89%
	LEA	D	0.71%
	LITE	B	0.71%
	CHPT	F	0.63%
	AUR	C	0.6%
	VC	D	0.32%
	ADNT	F	0.22%
	CTS	C	0.2%
	THRM	D	0.17%
	NKLA	F	0.12%
	MEI	D	0.04%
	LAZR	F	0.03%
	SRI	F	0.02%

IDRV Underweight 6 Positions Relative to ETEC

	Symbol	Grade	Weight
	BWA	D	-6.35%
	OLED	D	-4.92%
	FSLR	F	-3.26%
	XYL	D	-2.69%
	ENPH	F	-2.31%
	SEDG	F	-0.6%

IDRV: Top Represented Industries & Keywords

Industries: Auto Parts Auto Manufacturers Conglomerates Electronic Components Communication Equipment Industrial Metals & Minerals Information Technology Services

Keywords: Electric Vehicle Transport Automotive Industry Cars Motor Vehicles Nasdaq 100 Powertrain Seat Systems Actuator Aerospace Alarms Audio Systems Automotive Accessories Automotive Manufacturers Battery Systems Charging Station Control Devices Control Engineering Cooling Driver Information Systems

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