IETC vs. TQQQ ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to ProShares UltraPro QQQ (TQQQ)

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

TQQQ

ProShares UltraPro QQQ

TQQQ Description

The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the NASDAQ-100 IndexÂ®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.25

Average Daily Volume

44,970,279

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	IETC	TQQQ
30 Days	3.17%	9.00%
60 Days	5.58%	11.11%
90 Days	8.32%	11.30%
12 Months	39.98%	78.26%

36 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in TQQQ	Overlap
AAPL	C	2.45%	2.92%	2.45%
ABNB	C	0.66%	0.13%	0.13%
ADBE	C	1.15%	0.52%	0.52%
ADP	B	0.07%	0.28%	0.07%
ADSK	A	0.74%	0.15%	0.15%
AMD	F	0.7%	0.5%	0.5%
AMZN	C	7.6%	1.92%	1.92%
ANSS	B	0.41%	0.07%	0.07%
AVGO	D	11.53%	1.77%	1.77%
CDNS	B	1.88%	0.19%	0.19%
CDW	F	0.57%	0.05%	0.05%
CRWD	B	0.35%	0.18%	0.18%
CSCO	B	1.85%	0.53%	0.53%
CSGP	D	0.39%	0.07%	0.07%
DASH	A	0.21%	0.15%	0.15%
DDOG	A	0.18%	0.09%	0.09%
EA	A	0.13%	0.09%	0.09%
FTNT	C	1.26%	0.17%	0.17%
GOOG	C	1.39%	0.86%	0.86%
GOOGL	C	2.26%	0.89%	0.89%
ILMN	D	0.05%	0.05%	0.05%
INTU	C	0.07%	0.44%	0.07%
KLAC	D	0.34%	0.19%	0.19%
LRCX	F	0.16%	0.21%	0.16%
META	D	1.77%	1.72%	1.72%
MSFT	F	7.52%	2.7%	2.7%
MU	D	0.41%	0.24%	0.24%
NVDA	C	8.86%	3.06%	3.06%
PANW	C	0.83%	0.29%	0.29%
QCOM	F	1.29%	0.39%	0.39%
SNPS	B	0.2%	0.19%	0.19%
TEAM	A	0.86%	0.09%	0.09%
TTD	B	0.64%	0.13%	0.13%
TXN	C	0.29%	0.41%	0.29%
VRSK	A	0.64%	0.09%	0.09%
WDAY	B	0.69%	0.13%	0.13%

IETC Overweight 81 Positions Relative to TQQQ

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 TQQQ

Symbol	Grade	Weight
TSLA	B	-1.36%
COST	B	-0.91%
NFLX	A	-0.79%
TMUS	B	-0.62%
PEP	F	-0.5%
LIN	D	-0.48%
ISRG	A	-0.42%
BKNG	A	-0.37%
CMCSA	B	-0.37%
AMGN	D	-0.36%
AMAT	F	-0.33%
HON	B	-0.33%
VRTX	F	-0.28%
SBUX	A	-0.25%
GILD	C	-0.25%
INTC	D	-0.24%
ADI	D	-0.23%
MELI	D	-0.22%
PYPL	B	-0.2%
CTAS	B	-0.2%
REGN	F	-0.19%
MDLZ	F	-0.19%
MAR	B	-0.18%
PDD	F	-0.17%
MRVL	B	-0.17%
CEG	D	-0.16%
CSX	B	-0.16%
ORLY	B	-0.16%
PCAR	B	-0.14%
ASML	F	-0.14%
NXPI	D	-0.13%
CHTR	C	-0.13%
ROP	B	-0.13%
PAYX	C	-0.12%
FANG	D	-0.12%
MNST	C	-0.12%
CPRT	A	-0.12%
FAST	B	-0.11%
ODFL	B	-0.11%
AEP	D	-0.11%
KDP	D	-0.1%
ROST	C	-0.1%
LULU	C	-0.09%
KHC	F	-0.09%
CTSH	B	-0.09%
BKR	B	-0.09%
IDXX	F	-0.08%
MCHP	D	-0.08%
CCEP	C	-0.08%
AZN	D	-0.08%
EXC	C	-0.08%
XEL	A	-0.08%
GEHC	F	-0.08%
ZS	C	-0.07%
TTWO	A	-0.07%
DXCM	D	-0.06%
ON	D	-0.06%
MDB	C	-0.05%
GFS	C	-0.05%
WBD	C	-0.05%
BIIB	F	-0.05%
MRNA	F	-0.04%
ARM	D	-0.04%
SMCI	F	-0.03%
DLTR	F	-0.03%

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