IETC vs. WBIG ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to WBI Large Cap Tactical Yield Shares (WBIG)

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

$76.82

Average Daily Volume

21,426

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

WBIG

WBI Large Cap Tactical Yield Shares

WBIG Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the dividend-paying equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display attractive dividend payment prospects, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$24.01

Average Daily Volume

3,380

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	WBIG
30 Days	10.80%	-0.29%
60 Days	13.08%	1.02%
90 Days	10.68%	-2.48%
12 Months	40.55%	4.65%

6 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in WBIG	Overlap
AAPL	A	2.32%	3.84%	2.32%
ADP	D	0.05%	4.55%	0.05%
INTU	B	0.06%	1.03%	0.06%
LRCX	A	0.24%	4.21%	0.24%
MMC	A	0.18%	4.25%	0.18%
QCOM	B	1.7%	3.52%	1.7%

IETC Overweight 117 Positions Relative to WBIG

Symbol	Grade	Weight
MSFT	A	9.67%
AMZN	A	9.62%
AVGO	B	9.22%
NVDA	B	6.41%
CRM	C	5.25%
ACN	C	4.72%
ORCL	A	3.66%
GOOGL	A	2.53%
CSCO	D	2.23%
GOOG	A	2.15%
CDNS	B	1.95%
MSI	B	1.95%
IBM	B	1.91%
NOW	B	1.65%
META	B	1.63%
ICE	A	1.46%
ADBE	B	1.3%
MANH	B	1.17%
VRSN	C	1.16%
NTAP	A	1.12%
GPN	D	0.97%
AMD	B	0.85%
WDAY	D	0.83%
MA	D	0.83%
MPWR	A	0.78%
ABNB	B	0.77%
PH	C	0.75%
CDW	D	0.74%
SPGI	B	0.67%
EQIX	D	0.65%
SSNC	B	0.63%
TEAM	D	0.62%
VRSK	A	0.62%
CRWD	A	0.6%
ADSK	B	0.59%
ANET	A	0.55%
IT	C	0.54%
MU	C	0.54%
TYL	B	0.53%
FDS	D	0.53%
TTD	A	0.5%
SNOW	D	0.46%
ZM	D	0.45%
COIN	D	0.41%
ANSS	C	0.39%
LMT	B	0.38%
CSGP	F	0.38%
MCO	A	0.31%
TXN	B	0.29%
PLTR	B	0.26%
CPAY	D	0.25%
G	D	0.24%
UBER	B	0.24%
TTEK	C	0.23%
PINS	B	0.22%
KLAC	B	0.22%
SNPS	B	0.22%
BAH	B	0.21%
SQ	D	0.19%
BSY	D	0.18%
DDOG	B	0.17%
QLYS	D	0.17%
KEYS	F	0.16%
TER	A	0.15%
AKAM	F	0.15%
FTNT	D	0.15%
OMC	D	0.14%
DASH	D	0.14%
IQV	F	0.14%
CACI	B	0.14%
SMCI	C	0.14%
JKHY	C	0.14%
HUBS	D	0.13%
NSIT	B	0.13%
IRM	A	0.13%
TRU	C	0.13%
MSTR	D	0.12%
IPG	F	0.11%
SLB	C	0.11%
EA	B	0.11%
SNAP	C	0.11%
QRVO	B	0.11%
MSCI	C	0.1%
AON	C	0.09%
VEEV	F	0.09%
CFLT	D	0.09%
HOOD	B	0.08%
SLAB	D	0.07%
VRT	C	0.07%
NDAQ	C	0.07%
ROK	D	0.07%
FBIN	F	0.06%
LPLA	B	0.06%
BBY	C	0.06%
JNPR	B	0.06%
DELL	B	0.06%
TDY	D	0.05%
SAIC	F	0.05%
CPNG	D	0.05%
MMS	B	0.05%
ILMN	F	0.04%
DXC	C	0.04%
CL	B	0.04%
DOCN	D	0.04%
XYL	D	0.03%
BILL	F	0.03%
GLW	B	0.03%
ENPH	F	0.03%
APPN	D	0.03%
ZI	F	0.02%
RIVN	C	0.01%
TOST	C	0.01%
SMAR	B	0.01%
GDDY	A	0.01%
GRAL	D	0.0%
ALGN	D	0.0%
FTV	D	0.0%

IETC Underweight 23 Positions Relative to WBIG

Symbol	Grade	Weight
USHY	B	-9.65%
JHG	A	-4.55%
TW	C	-4.37%
TJX	B	-4.33%
PRU	A	-4.28%
CHD	D	-4.09%
KBH	C	-4.09%
PANW	B	-3.97%
DECK	C	-3.85%
AMAT	B	-3.83%
HAS	D	-3.5%
HCA	B	-2.85%
T	B	-2.22%
BR	B	-2.2%
KMB	B	-2.18%
PG	C	-2.15%
OMF	C	-2.05%
KNTK	A	-2.03%
OKE	A	-2.03%
PFG	D	-1.98%
GIS	D	-1.97%
CSL	C	-1.9%
UHS	B	-1.58%

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diversified Industrials Scientific & Technical Instruments Advertising Agencies Computer Systems Diagnostics & Research Financial Data & Stock Exchanges Insurance Brokers Internet Content & Information Specialty Retail Aerospace & Defense Auto Manufacturers