IETC vs. FAS ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Direxion Financial Bull 3X Shares (FAS)

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

$77.83

Average Daily Volume

16,908

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

FAS

Direxion Financial Bull 3X Shares

FAS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000Â® Financial Services Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$127.46

Average Daily Volume

674,136

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	FAS
30 Days	2.31%	-4.52%
60 Days	6.65%	20.56%
90 Days	0.75%	22.69%
12 Months	44.85%	126.26%

13 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in FAS	Overlap
AON	A	0.1%	0.79%	0.1%
CBOE	B	0.07%	0.22%	0.07%
CPAY	A	0.28%	0.22%	0.22%
FDS	C	0.57%	0.18%	0.18%
GPN	F	0.93%	0.26%	0.26%
ICE	A	1.61%	0.95%	0.95%
JKHY	A	0.14%	0.13%	0.13%
MA	A	0.88%	4.24%	0.88%
MCO	C	0.34%	0.78%	0.34%
MMC	D	0.18%	1.15%	0.18%
MSCI	B	0.11%	0.47%	0.11%
NDAQ	C	0.08%	0.31%	0.08%
SPGI	C	0.74%	1.71%	0.74%

IETC Overweight 111 Positions Relative to FAS

Symbol	Grade	Weight
AVGO	C	9.75%
AMZN	C	9.07%
MSFT	C	8.9%
NVDA	C	6.13%
CRM	C	5.36%
ACN	B	5.28%
ORCL	C	4.16%
AAPL	C	2.39%
CSCO	A	2.36%
IBM	C	2.35%
GOOGL	C	2.15%
MSI	A	2.15%
GOOG	C	1.83%
NOW	C	1.77%
META	A	1.75%
CDNS	D	1.65%
QCOM	D	1.4%
MANH	C	1.28%
VRSN	C	1.16%
ADBE	F	1.15%
NTAP	D	1.03%
PH	B	0.89%
WDAY	D	0.87%
MPWR	C	0.85%
AMD	D	0.83%
CDW	D	0.72%
EQIX	B	0.72%
SSNC	C	0.71%
ADSK	C	0.63%
ABNB	D	0.63%
IT	C	0.59%
ANET	B	0.58%
VRSK	D	0.58%
TYL	C	0.58%
TTD	C	0.54%
TEAM	D	0.54%
ZM	B	0.49%
LMT	A	0.44%
MU	D	0.43%
CRWD	D	0.42%
CSGP	F	0.37%
SNOW	F	0.37%
ANSS	D	0.37%
PLTR	C	0.36%
COIN	F	0.32%
TXN	C	0.3%
G	A	0.27%
UBER	C	0.25%
TTEK	B	0.25%
KLAC	D	0.21%
BAH	A	0.21%
SQ	D	0.19%
FTNT	C	0.19%
KEYS	C	0.18%
TRU	C	0.18%
SNPS	F	0.18%
LRCX	F	0.18%
IRM	B	0.17%
DASH	B	0.17%
BSY	D	0.17%
PINS	D	0.16%
AKAM	D	0.16%
QLYS	F	0.15%
IQV	F	0.15%
OMC	A	0.15%
CACI	A	0.15%
MSTR	C	0.14%
DDOG	D	0.14%
TER	D	0.13%
NSIT	C	0.13%
EA	D	0.11%
HUBS	D	0.11%
IPG	C	0.11%
QRVO	F	0.1%
VEEV	C	0.1%
SLB	F	0.09%
VRT	B	0.08%
SMCI	F	0.07%
SLAB	D	0.07%
SNAP	D	0.07%
BBY	B	0.07%
ROK	D	0.07%
HOOD	C	0.07%
FBIN	B	0.07%
DELL	D	0.06%
SAIC	B	0.06%
CPNG	C	0.06%
INTU	F	0.06%
ADP	A	0.06%
CFLT	F	0.06%
JNPR	C	0.06%
LPLA	D	0.05%
ILMN	C	0.05%
DOCN	C	0.05%
TDY	B	0.05%
MMS	A	0.05%
ENPH	D	0.04%
APPN	D	0.04%
DXC	D	0.04%
CL	D	0.04%
XYL	B	0.03%
BILL	D	0.03%
GLW	C	0.03%
ZI	D	0.02%
RIVN	F	0.01%
TOST	B	0.01%
GDDY	D	0.01%
SMAR	A	0.01%
GRAL	F	0.0%
ALGN	D	0.0%
FTV	B	0.0%

IETC Underweight 59 Positions Relative to FAS

Symbol	Grade	Weight
BRK.A	C	-8.7%
JPM	D	-6.24%
V	C	-4.74%
BAC	D	-2.79%
WFC	D	-2.01%
GS	D	-1.64%
AXP	A	-1.57%
PGR	C	-1.54%
BLK	B	-1.38%
MS	B	-1.36%
C	B	-1.23%
BX	C	-1.16%
CB	A	-1.14%
FI	A	-1.07%
SCHW	D	-1.0%
KKR	C	-0.93%
PYPL	B	-0.86%
CME	A	-0.82%
PNC	C	-0.76%
USB	C	-0.74%
AJG	D	-0.64%
COF	C	-0.59%
TFC	D	-0.59%
AFL	A	-0.58%
TRV	C	-0.56%
BK	C	-0.55%
ALL	C	-0.52%
MET	A	-0.5%
AIG	F	-0.49%
AMP	A	-0.48%
FIS	C	-0.47%
PRU	C	-0.45%
ACGL	A	-0.44%
HIG	A	-0.36%
DFS	C	-0.36%
MTB	C	-0.31%
WTW	A	-0.31%
FITB	C	-0.3%
STT	C	-0.27%
TROW	D	-0.25%
BRO	A	-0.25%
RJF	B	-0.24%
RF	C	-0.22%
CINF	A	-0.22%
HBAN	C	-0.22%
SYF	C	-0.2%
NTRS	C	-0.19%
CFG	D	-0.19%
PFG	C	-0.19%
EG	B	-0.18%
WRB	B	-0.18%
KEY	C	-0.16%
L	D	-0.15%
ERIE	A	-0.14%
AIZ	A	-0.11%
MKTX	C	-0.1%
GL	C	-0.1%
IVZ	C	-0.08%
BEN	F	-0.07%

IETC: Top Represented Industries & Keywords

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