IETC vs. JOET ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Virtus Terranova U.S. Quality Momentum ETF (JOET)

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

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.40

Average Daily Volume

29,173

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	IETC	JOET
30 Days	3.17%	7.96%
60 Days	5.58%	9.99%
90 Days	8.32%	13.18%
12 Months	39.98%	38.99%

31 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in JOET	Overlap
ACN	C	4.24%	0.76%	0.76%
ADSK	A	0.71%	0.81%	0.71%
AMD	F	0.7%	0.66%	0.66%
AMZN	C	8.02%	0.85%	0.85%
ANET	C	0.58%	0.75%	0.58%
AVGO	D	11.87%	0.75%	0.75%
COIN	C	0.28%	0.98%	0.28%
CPNG	D	0.06%	0.74%	0.06%
CRM	B	3.82%	0.86%	0.86%
CRWD	B	0.33%	0.87%	0.33%
DDOG	A	0.16%	0.79%	0.16%
FTNT	C	1.25%	0.89%	0.89%
IRM	D	0.09%	0.67%	0.09%
IT	C	0.62%	0.79%	0.62%
KLAC	D	0.34%	0.73%	0.34%
MA	C	0.95%	0.78%	0.78%
META	D	1.79%	0.76%	0.76%
MPWR	F	0.52%	0.49%	0.49%
MSFT	F	7.7%	0.76%	0.76%
NOW	A	2.11%	0.84%	0.84%
NVDA	C	8.78%	0.79%	0.79%
ORCL	B	3.5%	0.82%	0.82%
PANW	C	0.82%	0.83%	0.82%
PH	A	0.99%	0.85%	0.85%
PLTR	B	0.58%	1.0%	0.58%
QCOM	F	1.35%	0.72%	0.72%
SQ	B	0.2%	0.85%	0.2%
TTD	B	0.62%	0.8%	0.62%
UBER	D	0.23%	0.7%	0.23%
VRT	B	0.09%	0.81%	0.09%
XYL	D	0.02%	0.71%	0.02%

IETC Overweight 86 Positions Relative to JOET

Symbol	Grade	Weight
AAPL	C	2.42%
MSI	B	2.4%
GOOGL	C	2.34%
VRSN	F	1.99%
IBM	C	1.92%
CSCO	B	1.85%
CDNS	B	1.84%
ICE	C	1.6%
GOOG	C	1.44%
MANH	D	1.28%
ADBE	C	1.19%
GPN	B	1.12%
TEAM	A	0.84%
NTAP	C	0.78%
EQIX	A	0.74%
SSNC	B	0.71%
WDAY	B	0.69%
ABNB	C	0.66%
VRSK	A	0.64%
TYL	B	0.63%
ZM	B	0.6%
CDW	F	0.57%
LMT	D	0.41%
ANSS	B	0.4%
MU	D	0.39%
CSGP	D	0.37%
MCO	B	0.35%
G	B	0.32%
TXN	C	0.3%
FDS	B	0.3%
MSTR	C	0.28%
TTEK	F	0.21%
DASH	A	0.21%
SNPS	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%
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%
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%
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%
RIVN	F	0.01%
GDDY	A	0.01%
ALGN	D	0.0%
GRAL	C	0.0%
FTV	C	0.0%

IETC Underweight 93 Positions Relative to JOET

Symbol	Grade	Weight
APP	B	-1.3%
AXON	A	-1.03%
GRMN	B	-0.97%
SPOT	B	-0.94%
UAL	A	-0.91%
DAL	C	-0.89%
IBKR	A	-0.89%
DOCU	A	-0.88%
SYF	B	-0.87%
RCL	A	-0.87%
APO	B	-0.86%
DFS	B	-0.86%
HEI	B	-0.85%
NFLX	A	-0.85%
FCNCA	A	-0.85%
PODD	C	-0.85%
HWM	A	-0.84%
HBAN	A	-0.84%
CMI	A	-0.83%
CFG	B	-0.83%
RF	A	-0.83%
GM	B	-0.83%
AMP	A	-0.83%
VMC	B	-0.83%
PCAR	B	-0.82%
SYK	C	-0.82%
MTB	A	-0.82%
RJF	A	-0.82%
ROL	B	-0.81%
IR	B	-0.81%
AXP	A	-0.81%
BR	A	-0.81%
GWW	B	-0.81%
FAST	B	-0.81%
JPM	A	-0.81%
FITB	A	-0.81%
ETN	A	-0.8%
SPGI	C	-0.8%
DOV	A	-0.8%
ISRG	A	-0.8%
PGR	A	-0.8%
APH	A	-0.8%
BRO	B	-0.8%
CINF	A	-0.79%
ALL	A	-0.79%
COST	B	-0.79%
NTRS	A	-0.79%
CTAS	B	-0.79%
TT	A	-0.79%
DECK	A	-0.79%
RSG	A	-0.79%
WMT	A	-0.78%
WRB	A	-0.78%
PFG	D	-0.78%
PYPL	B	-0.78%
TSCO	D	-0.78%
HIG	B	-0.78%
URI	B	-0.78%
WELL	A	-0.78%
WAB	B	-0.78%
BSX	B	-0.78%
PWR	A	-0.78%
BK	A	-0.77%
TRV	B	-0.77%
MLM	B	-0.77%
BRK.A	B	-0.77%
NVR	D	-0.76%
AFL	B	-0.76%
AMAT	F	-0.76%
NU	C	-0.75%
PSA	D	-0.75%
CMG	B	-0.75%
CB	C	-0.75%
CARR	D	-0.75%
CAT	B	-0.75%
ROST	C	-0.75%
LEN	D	-0.74%
EXR	D	-0.74%
HUBB	B	-0.74%
TW	A	-0.74%
GD	F	-0.73%
PHM	D	-0.73%
ACGL	D	-0.72%
FSLR	F	-0.72%
RMD	C	-0.71%
ADI	D	-0.7%
DHI	D	-0.69%
MELI	D	-0.69%
O	D	-0.69%
LLY	F	-0.67%
CHKP	D	-0.65%
CEG	D	-0.64%
SMCI	F	-0.29%

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