IETC vs. QRMI ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

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

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.00

Average Daily Volume

8,933

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IETC	QRMI
30 Days	3.17%	1.66%
60 Days	5.58%	2.63%
90 Days	8.32%	3.97%
12 Months	39.98%	11.21%

36 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in QRMI	Overlap
AAPL	C	2.45%	8.63%	2.45%
ABNB	C	0.66%	0.38%	0.38%
ADBE	C	1.15%	1.53%	1.15%
ADP	B	0.07%	0.81%	0.07%
ADSK	A	0.74%	0.45%	0.45%
AMD	F	0.7%	1.46%	0.7%
AMZN	C	7.6%	5.66%	5.66%
ANSS	B	0.41%	0.2%	0.2%
AVGO	D	11.53%	5.23%	5.23%
CDNS	B	1.88%	0.56%	0.56%
CDW	F	0.57%	0.16%	0.16%
CRWD	B	0.35%	0.54%	0.35%
CSCO	B	1.85%	1.55%	1.55%
CSGP	D	0.39%	0.21%	0.21%
DASH	A	0.21%	0.44%	0.21%
DDOG	A	0.18%	0.26%	0.18%
EA	A	0.13%	0.28%	0.13%
FTNT	C	1.26%	0.48%	0.48%
GOOG	C	1.39%	2.54%	1.39%
GOOGL	C	2.26%	2.64%	2.26%
ILMN	D	0.05%	0.15%	0.05%
INTU	C	0.07%	1.28%	0.07%
KLAC	D	0.34%	0.58%	0.34%
LRCX	F	0.16%	0.62%	0.16%
META	D	1.77%	5.08%	1.77%
MSFT	F	7.52%	7.96%	7.52%
MU	D	0.41%	0.72%	0.41%
NVDA	C	8.86%	9.04%	8.86%
PANW	C	0.83%	0.84%	0.83%
QCOM	F	1.29%	1.16%	1.16%
SNPS	B	0.2%	0.56%	0.2%
TEAM	A	0.86%	0.27%	0.27%
TTD	B	0.64%	0.37%	0.37%
TXN	C	0.29%	1.22%	0.29%
VRSK	A	0.64%	0.27%	0.27%
WDAY	B	0.69%	0.39%	0.39%

IETC Overweight 81 Positions Relative to QRMI

Symbol	Grade	Weight
ACN	C	4.27%
CRM	B	3.91%
ORCL	B	3.64%
MSI	B	2.42%
NOW	A	2.14%
IBM	C	2.06%
VRSN	F	2.01%
ICE	C	1.64%
MANH	D	1.25%
GPN	B	1.14%
PH	A	1.01%
MA	C	0.94%
NTAP	C	0.84%
EQIX	A	0.77%
SSNC	B	0.73%
ANET	C	0.62%
PLTR	B	0.61%
IT	C	0.61%
TYL	B	0.61%
ZM	B	0.59%
MPWR	F	0.52%
LMT	D	0.41%
MCO	B	0.35%
MSTR	C	0.34%
G	B	0.33%
COIN	C	0.3%
FDS	B	0.3%
UBER	D	0.23%
SQ	B	0.22%
TTEK	F	0.21%
BAH	F	0.2%
KEYS	A	0.2%
MMC	B	0.19%
QLYS	C	0.18%
BSY	D	0.17%
TRU	D	0.17%
AKAM	D	0.15%
HUBS	A	0.15%
CACI	D	0.15%
SWKS	F	0.14%
PINS	D	0.14%
IQV	D	0.13%
MSCI	C	0.12%
VRT	B	0.11%
IRM	D	0.1%
CFLT	B	0.1%
SLB	C	0.1%
TER	D	0.1%
IPG	D	0.1%
VEEV	C	0.1%
NDAQ	A	0.09%
NSIT	F	0.09%
QRVO	F	0.07%
LPLA	A	0.07%
SNAP	C	0.07%
ROK	B	0.07%
CPNG	D	0.06%
TDY	B	0.06%
CPAY	A	0.06%
JNPR	F	0.06%
SLAB	D	0.06%
BBY	D	0.06%
DELL	C	0.06%
CBOE	B	0.06%
FBIN	D	0.06%
DXC	B	0.05%
BILL	A	0.05%
DOCN	D	0.05%
SAIC	F	0.05%
GLW	B	0.04%
APPN	B	0.04%
CL	D	0.04%
MMS	F	0.04%
GDDY	A	0.02%
ZI	D	0.02%
ENPH	F	0.02%
XYL	D	0.02%
RIVN	F	0.01%
ALGN	D	0.0%
GRAL	C	0.0%
FTV	C	0.0%

IETC Underweight 65 Positions Relative to QRMI

Symbol	Grade	Weight
TSLA	B	-4.02%
COST	B	-2.69%
NFLX	A	-2.31%
TMUS	B	-1.83%
PEP	F	-1.47%
LIN	D	-1.42%
ISRG	A	-1.24%
BKNG	A	-1.12%
CMCSA	B	-1.1%
AMGN	D	-1.05%
HON	B	-0.98%
AMAT	F	-0.98%
VRTX	F	-0.83%
GILD	C	-0.75%
SBUX	A	-0.73%
INTC	D	-0.69%
ADI	D	-0.68%
MELI	D	-0.63%
CTAS	B	-0.59%
PYPL	B	-0.58%
MDLZ	F	-0.57%
REGN	F	-0.56%
MAR	B	-0.53%
MRVL	B	-0.5%
PDD	F	-0.49%
ORLY	B	-0.48%
CEG	D	-0.47%
CSX	B	-0.46%
ASML	F	-0.42%
ROP	B	-0.41%
PCAR	B	-0.39%
NXPI	D	-0.38%
CHTR	C	-0.38%
MNST	C	-0.36%
CPRT	A	-0.36%
FANG	D	-0.35%
PAYX	C	-0.34%
AEP	D	-0.32%
ODFL	B	-0.32%
FAST	B	-0.31%
ROST	C	-0.3%
KDP	D	-0.29%
BKR	B	-0.27%
CTSH	B	-0.26%
GEHC	F	-0.25%
KHC	F	-0.25%
LULU	C	-0.25%
IDXX	F	-0.24%
AZN	D	-0.24%
EXC	C	-0.24%
XEL	A	-0.24%
MCHP	D	-0.23%
CCEP	C	-0.23%
TTWO	A	-0.21%
ZS	C	-0.21%
ON	D	-0.2%
DXCM	D	-0.19%
WBD	C	-0.16%
BIIB	F	-0.16%
MDB	C	-0.15%
GFS	C	-0.15%
MRNA	F	-0.11%
ARM	D	-0.11%
DLTR	F	-0.1%
SMCI	F	-0.08%

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