IETC vs. RUNN ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to Running Oak Efficient Growth ETF (RUNN)

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

RUNN

Running Oak Efficient Growth ETF

RUNN Description

The fund is in an actively managed exchange-traded fund ("ETF"). Under normal circumstances, the fund seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of large and mid-sized U.S. companies with market capitalizations of at least $5 billion. The fund is roughly equally-weighted with 50-75 stocks typically held in the portfolio. The fund may invest up to 20% of net assets in non-U.S. companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.03

Average Daily Volume

42,104

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	RUNN
30 Days	3.17%	3.98%
60 Days	5.58%	5.29%
90 Days	8.32%	7.85%
12 Months	39.98%	31.92%

11 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in RUNN	Overlap
ACN	C	4.27%	1.79%	1.79%
ADP	B	0.07%	1.82%	0.07%
CACI	D	0.15%	1.74%	0.15%
FDS	B	0.3%	1.86%	0.3%
GOOG	C	1.39%	1.72%	1.39%
ICE	C	1.64%	1.6%	1.6%
IQV	D	0.13%	1.55%	0.13%
MMC	B	0.19%	1.64%	0.19%
PH	A	1.01%	1.85%	1.01%
SSNC	B	0.73%	1.71%	0.73%
TDY	B	0.06%	1.83%	0.06%

IETC Overweight 106 Positions Relative to RUNN

Symbol	Grade	Weight
AVGO	D	11.53%
NVDA	C	8.86%
AMZN	C	7.6%
MSFT	F	7.52%
CRM	B	3.91%
ORCL	B	3.64%
AAPL	C	2.45%
MSI	B	2.42%
GOOGL	C	2.26%
NOW	A	2.14%
IBM	C	2.06%
VRSN	F	2.01%
CDNS	B	1.88%
CSCO	B	1.85%
META	D	1.77%
QCOM	F	1.29%
FTNT	C	1.26%
MANH	D	1.25%
ADBE	C	1.15%
GPN	B	1.14%
MA	C	0.94%
TEAM	A	0.86%
NTAP	C	0.84%
PANW	C	0.83%
EQIX	A	0.77%
ADSK	A	0.74%
AMD	F	0.7%
WDAY	B	0.69%
ABNB	C	0.66%
TTD	B	0.64%
VRSK	A	0.64%
ANET	C	0.62%
PLTR	B	0.61%
IT	C	0.61%
TYL	B	0.61%
ZM	B	0.59%
CDW	F	0.57%
MPWR	F	0.52%
ANSS	B	0.41%
MU	D	0.41%
LMT	D	0.41%
CSGP	D	0.39%
MCO	B	0.35%
CRWD	B	0.35%
KLAC	D	0.34%
MSTR	C	0.34%
G	B	0.33%
COIN	C	0.3%
TXN	C	0.29%
UBER	D	0.23%
SQ	B	0.22%
TTEK	F	0.21%
DASH	A	0.21%
BAH	F	0.2%
KEYS	A	0.2%
SNPS	B	0.2%
QLYS	C	0.18%
DDOG	A	0.18%
BSY	D	0.17%
TRU	D	0.17%
LRCX	F	0.16%
AKAM	D	0.15%
HUBS	A	0.15%
SWKS	F	0.14%
PINS	D	0.14%
EA	A	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%
INTU	C	0.07%
LPLA	A	0.07%
SNAP	C	0.07%
ROK	B	0.07%
CPNG	D	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%
ILMN	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 44 Positions Relative to RUNN

Symbol	Grade	Weight
HON	B	-1.9%
J	F	-1.86%
CW	B	-1.86%
AME	A	-1.86%
ETN	A	-1.86%
WSO	A	-1.86%
PRI	A	-1.85%
FI	A	-1.85%
TXRH	C	-1.84%
ITT	A	-1.83%
GWW	B	-1.83%
LDOS	C	-1.83%
EME	C	-1.82%
RBA	A	-1.82%
BSX	B	-1.82%
V	A	-1.82%
BR	A	-1.81%
SYK	C	-1.8%
SAIA	B	-1.79%
BRO	B	-1.78%
DRI	B	-1.78%
NSC	B	-1.77%
GD	F	-1.76%
IR	B	-1.75%
DECK	A	-1.75%
RSG	A	-1.74%
GGG	B	-1.74%
FELE	B	-1.74%
APD	A	-1.72%
CSL	C	-1.72%
TSCO	D	-1.71%
NVT	B	-1.71%
TJX	A	-1.71%
ROP	B	-1.7%
AJG	B	-1.68%
UNH	C	-1.68%
TTC	D	-1.68%
CI	F	-1.67%
DOX	D	-1.65%
STE	F	-1.64%
BDX	F	-1.63%
AVY	D	-1.59%
FCN	D	-1.57%
ICLR	D	-1.52%

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