IETC vs. EAGL ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Eagle Capital Select Equity ETF (EAGL)

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology 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 technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.22

Average Daily Volume

19,325

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

EAGL

Eagle Capital Select Equity ETF

EAGL Description

EAGL seeks to outperform the US equity markets through a narrow exposure to global value stocks. The actively managed fund generally holds 15-35 stocks assessed based on the advisers estimate of their long-term intrinsic values. The belief is that there is an opportunity to capture excess returns through a longer-term perspective. Thus, several investments of the fund are expected to be made with a five to seven-year holding period. The portfolio is constructed using a fundamental analysis that considers business changes, growth prospects, margins, industry factors, and valuation scenarios over the next 5 to 10 years, which seeks to identify a margin of safety based on valuation discount, resilience, growth opportunities, and strong management. The fund primarily focuses on US stocks and large-cap companies. However, the fund may invest in companies of any size and geographic location, including emerging markets. EAGL launched by converting an SMA with $1.8 billion in assets.

Grade (RS Rating)

Last Trade

$28.56

Average Daily Volume

53,666

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	EAGL
30 Days	3.17%	4.69%
60 Days	5.58%	4.39%
90 Days	8.32%	6.69%
12 Months	39.98%

5 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in EAGL	Overlap
AMZN	C	8.02%	7.99%	7.99%
GOOGL	C	2.34%	5.15%	2.34%
META	D	1.79%	5.55%	1.79%
MSFT	F	7.7%	4.15%	4.15%
WDAY	B	0.69%	4.19%	0.69%

IETC Overweight 112 Positions Relative to EAGL

Symbol	Grade	Weight
AVGO	D	11.87%
NVDA	C	8.78%
ACN	C	4.24%
CRM	B	3.82%
ORCL	B	3.5%
AAPL	C	2.42%
MSI	B	2.4%
NOW	A	2.11%
VRSN	F	1.99%
IBM	C	1.92%
CSCO	B	1.85%
CDNS	B	1.84%
ICE	C	1.6%
GOOG	C	1.44%
QCOM	F	1.35%
MANH	D	1.28%
FTNT	C	1.25%
ADBE	C	1.19%
GPN	B	1.12%
PH	A	0.99%
MA	C	0.95%
TEAM	A	0.84%
PANW	C	0.82%
NTAP	C	0.78%
EQIX	A	0.74%
ADSK	A	0.71%
SSNC	B	0.71%
AMD	F	0.7%
ABNB	C	0.66%
VRSK	A	0.64%
TYL	B	0.63%
IT	C	0.62%
TTD	B	0.62%
ZM	B	0.6%
PLTR	B	0.58%
ANET	C	0.58%
CDW	F	0.57%
MPWR	F	0.52%
LMT	D	0.41%
ANSS	B	0.4%
MU	D	0.39%
CSGP	D	0.37%
MCO	B	0.35%
KLAC	D	0.34%
CRWD	B	0.33%
G	B	0.32%
TXN	C	0.3%
FDS	B	0.3%
MSTR	C	0.28%
COIN	C	0.28%
UBER	D	0.23%
TTEK	F	0.21%
DASH	A	0.21%
SNPS	B	0.2%
SQ	B	0.2%
BAH	F	0.2%
KEYS	A	0.18%
MMC	B	0.18%
BSY	D	0.17%
QLYS	C	0.17%
TRU	D	0.17%
DDOG	A	0.16%
LRCX	F	0.16%
CACI	D	0.15%
AKAM	D	0.14%
PINS	D	0.14%
HUBS	A	0.14%
IQV	D	0.13%
SWKS	F	0.13%
MSCI	C	0.12%
EA	A	0.12%
VEEV	C	0.11%
NSIT	F	0.1%
IPG	D	0.1%
TER	D	0.1%
NDAQ	A	0.09%
CFLT	B	0.09%
IRM	D	0.09%
VRT	B	0.09%
SLB	C	0.09%
INTU	C	0.07%
ADP	B	0.07%
SNAP	C	0.07%
ROK	B	0.07%
CPAY	A	0.06%
TDY	B	0.06%
CBOE	B	0.06%
SLAB	D	0.06%
CPNG	D	0.06%
DELL	C	0.06%
JNPR	F	0.06%
LPLA	A	0.06%
QRVO	F	0.06%
BBY	D	0.06%
FBIN	D	0.06%
DOCN	D	0.05%
MMS	F	0.05%
ILMN	D	0.05%
SAIC	F	0.05%
CL	D	0.04%
APPN	B	0.04%
BILL	A	0.04%
DXC	B	0.04%
GLW	B	0.03%
ZI	D	0.02%
ENPH	F	0.02%
XYL	D	0.02%
RIVN	F	0.01%
GDDY	A	0.01%
ALGN	D	0.0%
GRAL	C	0.0%
FTV	C	0.0%

IETC Underweight 19 Positions Relative to EAGL

Symbol	Grade	Weight
COP	C	-5.11%
AON	A	-4.75%
UNH	C	-4.24%
COF	B	-3.86%
AER	B	-3.55%
SAP	B	-3.5%
TSM	B	-3.34%
CHTR	C	-3.29%
GEV	B	-2.92%
HUM	C	-2.74%
CMCSA	B	-2.47%
V	A	-2.31%
WWD	B	-2.28%
WFC	A	-2.24%
HLT	A	-2.11%
AA	B	-2.09%
ELV	F	-1.95%
NFLX	A	-1.81%
OXY	D	-1.5%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Computer Systems Internet Content & Information Specialty Retail Advertising Agencies Aerospace & Defense Auto Manufacturers Conglomerates