IETC vs. XLK ETF Comparison

Comparison of iShares Evolved U.S. Technology ETF (IETC) to SPDR Select Sector Fund - Technology (XLK)

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

$77.78

Average Daily Volume

16,658

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

XLK

SPDR Select Sector Fund - Technology

XLK Description

The investment seeks investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Technology Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy, which means that the fund typically invests in substantially all of the securities represented in the index in approximately the same proportions as the index. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$222.33

Average Daily Volume

5,486,100

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IETC	XLK
30 Days	2.92%	0.89%
60 Days	7.29%	8.58%
90 Days	1.35%	-4.26%
12 Months	48.53%	37.24%

44 Overlapping Holdings

Symbol	Grade	Weight in IETC	Weight in XLK	Overlap
AAPL	C	2.39%	14.81%	2.39%
ACN	B	5.28%	2.38%	2.38%
ADBE	F	1.15%	2.63%	1.15%
ADSK	B	0.63%	0.65%	0.63%
AKAM	D	0.16%	0.17%	0.16%
AMD	D	0.83%	2.85%	0.83%
ANET	A	0.58%	1.11%	0.58%
ANSS	D	0.37%	0.31%	0.31%
AVGO	C	9.75%	4.57%	4.57%
CDNS	D	1.65%	0.84%	0.84%
CDW	D	0.72%	0.34%	0.34%
CRM	B	5.36%	2.87%	2.87%
CRWD	D	0.42%	0.76%	0.42%
CSCO	A	2.36%	2.36%	2.36%
DELL	C	0.06%	0.38%	0.06%
ENPH	D	0.04%	0.18%	0.04%
FTNT	A	0.19%	0.55%	0.19%
GDDY	D	0.01%	0.25%	0.01%
GLW	B	0.03%	0.39%	0.03%
IBM	B	2.35%	2.28%	2.28%
INTU	F	0.06%	2.01%	0.06%
IT	C	0.59%	0.45%	0.45%
JNPR	B	0.06%	0.14%	0.06%
KEYS	B	0.18%	0.3%	0.18%
KLAC	B	0.21%	1.15%	0.21%
LRCX	D	0.18%	1.15%	0.18%
MPWR	B	0.85%	0.49%	0.49%
MSFT	D	8.9%	13.86%	8.9%
MSI	A	2.15%	0.84%	0.84%
MU	D	0.43%	1.16%	0.43%
NOW	C	1.77%	2.14%	1.77%
NTAP	D	1.03%	0.28%	0.28%
NVDA	C	6.13%	12.3%	6.13%
ORCL	B	4.16%	2.98%	2.98%
PLTR	A	0.36%	0.86%	0.36%
QCOM	D	1.4%	2.07%	1.4%
QRVO	F	0.1%	0.11%	0.1%
SMCI	F	0.07%	0.26%	0.07%
SNPS	F	0.18%	0.87%	0.18%
TDY	A	0.05%	0.23%	0.05%
TER	C	0.13%	0.24%	0.13%
TXN	C	0.3%	2.09%	0.3%
TYL	B	0.58%	0.28%	0.28%
VRSN	B	1.16%	0.17%	0.17%

IETC Overweight 80 Positions Relative to XLK

Symbol	Grade	Weight
AMZN	C	9.07%
GOOGL	B	2.15%
GOOG	B	1.83%
META	A	1.75%
ICE	A	1.61%
MANH	C	1.28%
GPN	F	0.93%
PH	A	0.89%
MA	A	0.88%
WDAY	D	0.87%
SPGI	C	0.74%
EQIX	B	0.72%
SSNC	C	0.71%
ABNB	D	0.63%
VRSK	D	0.58%
FDS	C	0.57%
TTD	C	0.54%
TEAM	D	0.54%
ZM	C	0.49%
LMT	A	0.44%
CSGP	F	0.37%
SNOW	F	0.37%
MCO	D	0.34%
COIN	F	0.32%
CPAY	A	0.28%
G	A	0.27%
UBER	C	0.25%
TTEK	B	0.25%
BAH	A	0.21%
SQ	D	0.19%
TRU	A	0.18%
MMC	D	0.18%
IRM	A	0.17%
DASH	A	0.17%
BSY	D	0.17%
PINS	D	0.16%
QLYS	F	0.15%
IQV	F	0.15%
OMC	C	0.15%
CACI	A	0.15%
MSTR	B	0.14%
DDOG	D	0.14%
JKHY	A	0.14%
NSIT	B	0.13%
EA	D	0.11%
HUBS	D	0.11%
IPG	C	0.11%
MSCI	B	0.11%
VEEV	C	0.1%
AON	A	0.1%
SLB	D	0.09%
VRT	B	0.08%
NDAQ	C	0.08%
SLAB	D	0.07%
SNAP	D	0.07%
CBOE	A	0.07%
BBY	B	0.07%
ROK	D	0.07%
HOOD	C	0.07%
FBIN	C	0.07%
SAIC	A	0.06%
CPNG	C	0.06%
ADP	A	0.06%
CFLT	F	0.06%
LPLA	D	0.05%
ILMN	B	0.05%
DOCN	C	0.05%
MMS	B	0.05%
APPN	B	0.04%
DXC	D	0.04%
CL	D	0.04%
XYL	C	0.03%
BILL	D	0.03%
ZI	F	0.02%
RIVN	F	0.01%
TOST	C	0.01%
SMAR	A	0.01%
GRAL	F	0.0%
ALGN	D	0.0%
FTV	B	0.0%

IETC Underweight 24 Positions Relative to XLK

Symbol	Grade	Weight
AMAT	B	-1.8%
ADI	C	-1.26%
PANW	D	-1.25%
INTC	D	-1.08%
APH	D	-0.89%
ROP	C	-0.67%
NXPI	F	-0.66%
FICO	A	-0.54%
TEL	D	-0.51%
MCHP	F	-0.46%
CTSH	B	-0.42%
HPQ	C	-0.39%
ON	F	-0.34%
FSLR	C	-0.3%
HPE	B	-0.27%
STX	B	-0.25%
PTC	D	-0.24%
WDC	C	-0.24%
ZBRA	A	-0.21%
SWKS	F	-0.18%
TRMB	B	-0.16%
JBL	D	-0.14%
FFIV	B	-0.14%
EPAM	F	-0.13%

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 Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Advertising Agencies Computer Systems Insurance Brokers Internet Content & Information Specialty Retail Aerospace & Defense Auto Manufacturers