IETC vs. TECL ETF Comparison

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

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

TECL

Direxion Technology Bull 3X Shares

TECL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$93.62

Average Daily Volume

1,020,329

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	TECL
30 Days	3.17%	4.53%
60 Days	5.58%	11.91%
90 Days	8.32%	6.58%
12 Months	39.98%	57.43%

45 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in TECL	Overlap
AAPL	C	2.45%	9.18%	2.45%
ACN	C	4.27%	1.56%	1.56%
ADBE	C	1.15%	1.62%	1.15%
ADSK	A	0.74%	0.46%	0.46%
AKAM	D	0.15%	0.09%	0.09%
AMD	F	0.7%	1.55%	0.7%
ANET	C	0.62%	0.69%	0.62%
ANSS	B	0.41%	0.21%	0.21%
AVGO	D	11.53%	2.77%	2.77%
CDNS	B	1.88%	0.57%	0.57%
CDW	F	0.57%	0.17%	0.17%
CRM	B	3.91%	2.22%	2.22%
CRWD	B	0.35%	0.55%	0.35%
CSCO	B	1.85%	1.61%	1.61%
DELL	C	0.06%	0.27%	0.06%
ENPH	F	0.02%	0.06%	0.02%
FTNT	C	1.26%	0.41%	0.41%
GDDY	A	0.02%	0.18%	0.02%
GLW	B	0.04%	0.25%	0.04%
IBM	C	2.06%	1.33%	1.33%
INTU	C	0.07%	1.35%	0.07%
IT	C	0.61%	0.29%	0.29%
JNPR	F	0.06%	0.09%	0.06%
KEYS	A	0.2%	0.19%	0.19%
KLAC	D	0.34%	0.6%	0.34%
LRCX	F	0.16%	0.67%	0.16%
MPWR	F	0.52%	0.19%	0.19%
MSFT	F	7.52%	8.4%	7.52%
MSI	B	2.42%	0.57%	0.57%
MU	D	0.41%	0.76%	0.41%
NOW	A	2.14%	1.48%	1.48%
NTAP	C	0.84%	0.17%	0.17%
NVDA	C	8.86%	9.56%	8.86%
ORCL	B	3.64%	2.06%	2.06%
PANW	C	0.83%	0.88%	0.83%
PLTR	B	0.61%	0.82%	0.61%
QCOM	F	1.29%	1.26%	1.26%
QRVO	F	0.07%	0.04%	0.04%
SNPS	B	0.2%	0.58%	0.2%
SWKS	F	0.14%	0.09%	0.09%
TDY	B	0.06%	0.15%	0.06%
TER	D	0.1%	0.12%	0.1%
TXN	C	0.29%	1.3%	0.29%
TYL	B	0.61%	0.18%	0.18%
VRSN	F	2.01%	0.11%	0.11%

IETC Overweight 72 Positions Relative to TECL

Symbol	Grade	Weight
AMZN	C	7.6%
GOOGL	C	2.26%
META	D	1.77%
ICE	C	1.64%
GOOG	C	1.39%
MANH	D	1.25%
GPN	B	1.14%
PH	A	1.01%
MA	C	0.94%
TEAM	A	0.86%
EQIX	A	0.77%
SSNC	B	0.73%
WDAY	B	0.69%
ABNB	C	0.66%
TTD	B	0.64%
VRSK	A	0.64%
ZM	B	0.59%
LMT	D	0.41%
CSGP	D	0.39%
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%
DASH	A	0.21%
BAH	F	0.2%
MMC	B	0.19%
QLYS	C	0.18%
DDOG	A	0.18%
BSY	D	0.17%
TRU	D	0.17%
HUBS	A	0.15%
CACI	D	0.15%
PINS	D	0.14%
EA	A	0.13%
IQV	D	0.13%
MSCI	C	0.12%
VRT	B	0.11%
IRM	D	0.1%
CFLT	B	0.1%
SLB	C	0.1%
IPG	D	0.1%
VEEV	C	0.1%
NDAQ	A	0.09%
NSIT	F	0.09%
LPLA	A	0.07%
ADP	B	0.07%
SNAP	C	0.07%
ROK	B	0.07%
CPNG	D	0.06%
CPAY	A	0.06%
SLAB	D	0.06%
BBY	D	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%
APPN	B	0.04%
CL	D	0.04%
MMS	F	0.04%
ZI	D	0.02%
XYL	D	0.02%
RIVN	F	0.01%
ALGN	D	0.0%
GRAL	C	0.0%
FTV	C	0.0%

IETC Underweight 23 Positions Relative to TECL

Symbol	Grade	Weight
AMAT	F	-1.06%
INTC	D	-0.74%
ADI	D	-0.73%
APH	A	-0.6%
ROP	B	-0.42%
FICO	B	-0.39%
NXPI	D	-0.39%
CTSH	B	-0.28%
HPQ	B	-0.25%
MCHP	D	-0.24%
ON	D	-0.2%
HPE	B	-0.19%
PTC	A	-0.16%
ZBRA	B	-0.14%
STX	D	-0.14%
WDC	D	-0.14%
FSLR	F	-0.14%
TRMB	B	-0.12%
GEN	B	-0.11%
EPAM	C	-0.1%
FFIV	B	-0.1%
JBL	B	-0.1%
SMCI	F	-0.06%

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