IEDI vs. FCTE ETF Comparison

Comparison of iShares Evolved U.S. Discretionary Spending ETF (IEDI) to SMI 3Fourteen Full-Cycle Trend ETF (FCTE)

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.57

Average Daily Volume

6,281

Number of Holdings ^*

176

* may have additional holdings in another (foreign) market

FCTE

SMI 3Fourteen Full-Cycle Trend ETF

FCTE Description

The fund is actively managed and typically owns 20 domestic stocks that are normally included in the S&P 500 Index ("S&P 500"). The FCT strategy is based on a proprietary model developed by 3Fourteen that selects stocks based on quality stock screens and trend factors such as return on capital and cash flow stability, earnings growth, return on investment, momentum, linear regression and trend analysis. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.77

Average Daily Volume

109,194

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	IEDI	FCTE
30 Days	5.48%	0.07%
60 Days	5.47%	-1.88%
90 Days	8.72%	-1.70%
12 Months	34.08%

5 Overlapping Holdings

	Symbol	Grade	Weight in IEDI	Weight in FCTE	Overlap
	CL	D	0.14%	4.97%	0.14%
	META	D	1.64%	4.9%	1.64%
	ROL	B	0.22%	5.21%	0.22%
	TSCO	D	0.88%	5.09%	0.88%
	WMT	A	7.9%	5.33%	5.33%

IEDI Overweight 171 Positions Relative to FCTE

	Symbol	Grade	Weight
	HD	A	12.4%
	COST	B	8.84%
	AMZN	C	8.24%
	TJX	A	4.58%
	LOW	D	4.22%
	CMG	B	2.85%
	ORLY	B	2.08%
	MCD	D	1.87%
	SBUX	A	1.87%
	ROST	C	1.84%
	TGT	F	1.51%
	HLT	A	1.32%
	MAR	B	1.29%
	NKE	D	1.09%
	AZO	C	1.06%
	UBER	D	0.99%
	DIS	B	0.88%
	YUM	B	0.81%
	KR	B	0.8%
	NFLX	A	0.74%
	DRI	B	0.73%
	V	A	0.72%
	BURL	A	0.71%
	DASH	A	0.69%
	WSM	B	0.68%
	CTAS	B	0.62%
	ULTA	F	0.62%
	DECK	A	0.52%
	DG	F	0.51%
	RCL	A	0.5%
	SQ	B	0.49%
	ABNB	C	0.48%
	CPRT	A	0.48%
	DPZ	C	0.48%
	CVNA	B	0.47%
	FERG	B	0.46%
	DKS	C	0.45%
	CASY	A	0.44%
	TXRH	C	0.44%
	DLTR	F	0.44%
	DKNG	B	0.42%
	PYPL	B	0.4%
	WING	D	0.4%
	SFM	A	0.39%
	FND	C	0.38%
	SYY	B	0.35%
	BBY	D	0.34%
	CAVA	B	0.33%
	STZ	D	0.33%
	KMX	B	0.32%
	FAST	B	0.31%
	PLNT	A	0.3%
	BJ	A	0.3%
	USFD	A	0.27%
	TPR	B	0.26%
	EXPE	B	0.25%
	PG	A	0.25%
	LYV	A	0.25%
	EBAY	D	0.23%
	OLLI	D	0.22%
	CHDN	B	0.21%
	TOST	B	0.21%
	PFGC	B	0.2%
	SCI	B	0.2%
	CCL	B	0.19%
	BBWI	D	0.19%
	INTU	C	0.19%
	UPS	C	0.19%
	LAD	A	0.19%
	RH	B	0.18%
	TSN	B	0.18%
	GPC	D	0.18%
	WH	B	0.17%
	GME	C	0.16%
	TOL	B	0.16%
	ARMK	B	0.16%
	MUSA	A	0.16%
	ACI	C	0.15%
	GDDY	A	0.15%
	PINS	D	0.15%
	FIVE	F	0.15%
	FRPT	B	0.15%
	HST	C	0.15%
	MTN	C	0.15%
	POOL	C	0.15%
	TPX	B	0.14%
	MGM	D	0.14%
	NCLH	B	0.14%
	SKX	D	0.14%
	GAP	C	0.14%
	VFC	C	0.13%
	CROX	D	0.13%
	TTWO	A	0.13%
	ANF	C	0.13%
	ELF	C	0.13%
	EAT	A	0.13%
	CZR	F	0.13%
	MKC	D	0.12%
	OMC	C	0.12%
	DUOL	A	0.12%
	HRB	D	0.12%
	BOOT	D	0.12%
	H	B	0.12%
	SIG	B	0.11%
	ASO	F	0.11%
	BYD	C	0.11%
	Z	A	0.11%
	W	F	0.11%
	KTB	B	0.11%
	TKO	B	0.11%
	LUV	C	0.11%
	FDX	B	0.11%
	RL	B	0.11%
	SHAK	C	0.11%
	ABG	B	0.1%
	VVV	F	0.1%
	AN	C	0.1%
	CHE	D	0.1%
	HOOD	B	0.1%
	CHH	A	0.1%
	AEO	F	0.09%
	UAL	A	0.09%
	HSIC	B	0.09%
	M	D	0.09%
	MAS	D	0.09%
	CPAY	A	0.09%
	SHOO	D	0.09%
	GWW	B	0.09%
	RHP	B	0.09%
	LNW	D	0.08%
	SNAP	C	0.08%
	CBOE	B	0.08%
	URBN	C	0.08%
	SJM	D	0.08%
	ALK	C	0.08%
	WEN	D	0.08%
	IPG	D	0.08%
	AFRM	B	0.08%
	BFAM	D	0.08%
	BLD	D	0.07%
	FUN	C	0.07%
	FCFS	F	0.07%
	UHAL	D	0.07%
	CLX	B	0.07%
	LYFT	C	0.07%
	FLO	D	0.07%
	FOUR	B	0.07%
	MSGS	A	0.07%
	SITE	D	0.07%
	JWN	C	0.07%
	LANC	C	0.06%
	FL	F	0.06%
	CNK	B	0.06%
	IT	C	0.06%
	NYT	C	0.06%
	KSS	F	0.06%
	CAG	D	0.06%
	EA	A	0.06%
	RHI	B	0.06%
	AAL	B	0.06%
	TNL	A	0.06%
	GEN	B	0.06%
	AAP	C	0.06%
	RRR	D	0.06%
	CRI	D	0.05%
	WBA	F	0.05%
	HAS	D	0.05%
	LW	C	0.05%
	LAMR	D	0.05%
	PZZA	D	0.05%
	CPRI	F	0.05%

IEDI Underweight 15 Positions Relative to FCTE

	Symbol	Grade	Weight
	TT	A	-5.55%
	NTAP	C	-5.43%
	RSG	A	-5.34%
	BRO	B	-5.23%
	KMB	D	-5.05%
	RMD	C	-4.97%
	MMM	D	-4.93%
	PHM	D	-4.89%
	LRCX	F	-4.86%
	GOOGL	C	-4.84%
	AMAT	F	-4.78%
	GD	F	-4.74%
	KLAC	D	-4.7%
	MTD	D	-4.58%
	HCA	F	-4.58%

IEDI: Top Represented Industries & Keywords

Industries: Specialty Retail Restaurants Apparel Stores Leisure Discount Stores Packaged Foods Footwear & Accessories Lodging Software - Application Apparel Manufacturing Auto & Truck Dealerships Media - Diversified Resorts & Casinos Airlines Grocery Stores Household & Personal Products Industrial Distribution Internet Content & Information Business Services Credit Services

Keywords: S&P 500 Retailing Nasdaq 100 Clothing Retail Store Department Store Fashion Retailers E Commerce Restaurants Food Products Games Mobile Devices Dow Jones Component E-Commerce Transport Bedding Electronics Eye Franchising

FCTE: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Household & Personal Products Internet Content & Information Aerospace & Defense Business Services Data Storage Diagnostics & Research Discount Stores Diversified Industrials Insurance Brokers Medical Care Medical Instruments & Supplies Residential Construction Specialty Industrial Machinery Specialty Retail Waste Management

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Personal Hygiene Products Retailing Semiconductor Semiconductor Device Fabrication Alcohol Chemical Vapor Deposition Dentist Dow Jones Component Electronics Industries Food Service Health Care Products Home Care Hygiene Hyperscale Infection Infection Prevention