IFRA vs. AFSM ETF Comparison

Comparison of iShares U.S. Infrastructure ETF (IFRA) to Active Factor Small Cap ETF (AFSM)

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.87

Average Daily Volume

306,176

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

AFSM

Active Factor Small Cap ETF

AFSM Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by small capitalization companies. The manager defines small capitalization companies as those that, at the time of investment, have a market capitalization between a minimum of $250 million and the maximum market capitalization of a widely recognized index of small capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.19

Average Daily Volume

15,699

Number of Holdings ^*

295

* may have additional holdings in another (foreign) market

Performance

Period	IFRA	AFSM
30 Days	7.23%	5.15%
60 Days	9.35%	4.94%
90 Days	12.85%	5.47%
12 Months	38.77%	31.74%

19 Overlapping Holdings

Symbol	Grade	Weight in IFRA	Weight in AFSM	Overlap
AGX	B	0.82%	0.25%	0.25%
APOG	C	0.66%	0.37%	0.37%
BCC	B	0.56%	0.72%	0.56%
BKH	A	0.69%	0.26%	0.26%
BXC	B	0.65%	0.54%	0.54%
CMC	B	0.59%	0.33%	0.33%
CRS	B	0.64%	0.87%	0.64%
EME	A	0.7%	0.79%	0.7%
FIX	A	0.72%	0.79%	0.72%
HE	C	0.59%	0.04%	0.04%
HWKN	B	0.53%	0.61%	0.53%
MLI	B	0.68%	1.38%	0.68%
OGS	A	0.71%	0.05%	0.05%
RYI	C	0.67%	0.03%	0.03%
STRL	A	0.83%	0.84%	0.83%
SWX	B	0.55%	0.05%	0.05%
TEX	F	0.52%	0.47%	0.47%
TPC	C	0.63%	0.18%	0.18%
USLM	A	0.91%	0.43%	0.43%

IFRA Overweight 131 Positions Relative to AFSM

Symbol	Grade	Weight
VST	A	1.23%
DTM	A	0.87%
CENX	B	0.86%
KNTK	A	0.85%
CEG	C	0.85%
MYRG	B	0.84%
KMI	A	0.83%
WMB	A	0.82%
MGEE	B	0.8%
PRIM	A	0.8%
NRG	B	0.79%
ETR	B	0.79%
OKE	A	0.78%
ROAD	B	0.77%
IDA	A	0.74%
TXNM	A	0.73%
ENLC	A	0.72%
XEL	A	0.72%
CNP	A	0.72%
LMB	B	0.72%
SRE	A	0.72%
ATO	A	0.72%
AEE	A	0.71%
CMP	C	0.71%
NI	A	0.71%
GBX	A	0.71%
PEG	A	0.71%
MSEX	C	0.7%
CPK	A	0.7%
MTZ	B	0.7%
CSX	C	0.7%
PCG	A	0.69%
EVRG	A	0.69%
OGE	A	0.69%
AM	A	0.69%
NSC	B	0.69%
AWR	B	0.68%
HEES	C	0.68%
MTRX	B	0.68%
PNW	A	0.68%
PPL	A	0.68%
NWN	A	0.68%
LXFR	C	0.68%
LNT	A	0.67%
ALE	A	0.67%
GLDD	B	0.67%
SUM	B	0.67%
WEC	A	0.67%
SR	A	0.66%
AGR	A	0.66%
UTL	B	0.66%
NWE	B	0.66%
GVA	A	0.66%
D	C	0.65%
WTRG	B	0.65%
PWR	A	0.65%
CMS	C	0.65%
EXC	C	0.65%
DTE	C	0.64%
SO	C	0.64%
NWPX	A	0.64%
AWI	A	0.63%
POR	C	0.63%
EXP	B	0.63%
KNF	B	0.63%
VMI	B	0.63%
NGVT	B	0.63%
AVA	A	0.63%
STLD	B	0.62%
OC	A	0.62%
NEE	C	0.62%
URI	C	0.62%
UNP	C	0.62%
EIX	B	0.62%
DUK	C	0.62%
FE	C	0.61%
CWT	C	0.61%
ECVT	C	0.61%
ASTE	C	0.61%
ARTNA	F	0.61%
YORW	F	0.61%
TRN	B	0.6%
ES	C	0.6%
SJW	F	0.6%
AWK	C	0.6%
AEP	C	0.6%
VMC	B	0.6%
LPX	B	0.6%
ED	C	0.6%
KALU	C	0.59%
LXU	B	0.59%
X	B	0.58%
MLM	C	0.58%
TREX	C	0.57%
OSK	C	0.57%
FLR	B	0.57%
CSL	C	0.56%
RS	B	0.56%
AZEK	A	0.56%
ACM	B	0.56%
ASIX	B	0.55%
APG	B	0.55%
ROCK	C	0.54%
NFE	D	0.54%
SSD	F	0.53%
BWMN	C	0.53%
BLDR	D	0.53%
XPEL	B	0.53%
ZEUS	C	0.52%
POOL	C	0.52%
NUE	C	0.52%
KOP	C	0.51%
EMN	C	0.51%
AESI	B	0.5%
CLF	F	0.5%
OLN	F	0.5%
BLD	D	0.5%
NVEE	F	0.5%
HAYN	A	0.5%
MTUS	C	0.49%
J	D	0.49%
IIIN	C	0.48%
ATI	C	0.48%
WOR	F	0.47%
WMS	F	0.46%
WLK	D	0.46%
LYB	F	0.44%
MDU	D	0.36%
MATV	D	0.33%
NVRI	D	0.33%
TTEK	F	0.09%

IFRA Underweight 276 Positions Relative to AFSM

Symbol	Grade	Weight
SKYW	C	-1.22%
NHC	C	-1.2%
IDCC	B	-1.17%
SFM	A	-1.0%
CPRX	C	-0.93%
ALKS	C	-0.93%
PFBC	B	-0.87%
DAKT	C	-0.86%
ANF	F	-0.82%
ZETA	D	-0.81%
MHO	D	-0.78%
JXN	C	-0.78%
CVLT	B	-0.74%
MTG	C	-0.73%
CALM	A	-0.72%
HALO	F	-0.7%
UVE	B	-0.7%
POWL	C	-0.7%
TMHC	C	-0.7%
TBBK	B	-0.7%
RDN	D	-0.7%
SANM	B	-0.67%
CEIX	A	-0.67%
MCY	A	-0.65%
SLVM	B	-0.65%
SLG	B	-0.65%
HSII	B	-0.64%
AROC	A	-0.64%
BMI	B	-0.63%
COOP	B	-0.63%
CRVL	B	-0.62%
FDP	B	-0.61%
GMED	A	-0.61%
GMS	B	-0.6%
REZI	A	-0.6%
UFPT	C	-0.6%
PLUS	F	-0.59%
NTB	B	-0.58%
PRK	B	-0.58%
EGBN	B	-0.57%
NHI	D	-0.57%
CORT	B	-0.57%
NMIH	C	-0.56%
SUPN	C	-0.56%
BTU	B	-0.55%
TGNA	B	-0.55%
OFG	B	-0.54%
CHCO	B	-0.54%
CVNA	B	-0.53%
BELFB	C	-0.53%
STBA	B	-0.53%
DOLE	D	-0.53%
KBH	D	-0.52%
BRBR	A	-0.52%
AMWD	C	-0.52%
HIMS	B	-0.51%
COKE	C	-0.51%
MUSA	B	-0.51%
GEO	B	-0.51%
PI	D	-0.5%
APPF	B	-0.49%
WT	A	-0.49%
ACT	C	-0.49%
PRDO	B	-0.47%
DFIN	D	-0.46%
CSWI	B	-0.46%
PINC	B	-0.46%
HRB	D	-0.44%
DDS	B	-0.44%
PLAB	C	-0.43%
LNTH	D	-0.43%
WFRD	D	-0.42%
RMR	F	-0.42%
IESC	C	-0.41%
LGND	C	-0.41%
YMAB	F	-0.41%
EVER	D	-0.41%
QTWO	A	-0.4%
ADUS	D	-0.4%
AMR	C	-0.39%
BDC	C	-0.39%
PRGS	A	-0.38%
INMD	C	-0.38%
WNC	C	-0.38%
VRNT	C	-0.38%
M	F	-0.37%
RDNT	B	-0.37%
YOU	D	-0.37%
MATX	C	-0.37%
SIG	B	-0.37%
ANIP	F	-0.37%
TILE	B	-0.37%
BPMC	B	-0.36%
CRAI	C	-0.36%
LOPE	C	-0.36%
MD	C	-0.36%
LRN	A	-0.36%
HRMY	D	-0.36%
CAL	F	-0.36%
BLBD	D	-0.36%
IIPR	D	-0.36%
HIW	C	-0.35%
CNXN	C	-0.35%
CASH	B	-0.35%
ESNT	F	-0.34%
PDM	D	-0.34%
MOG.A	B	-0.34%
TRMK	C	-0.34%
MTH	D	-0.34%
FBP	C	-0.33%
ATKR	D	-0.33%
PBF	D	-0.32%
LPG	F	-0.32%
ATGE	B	-0.32%
PFS	B	-0.32%
CUZ	B	-0.31%
SCS	C	-0.31%
IBOC	B	-0.31%
SPNS	F	-0.3%
TWI	F	-0.3%
DXC	B	-0.3%
CNK	C	-0.3%
GRBK	D	-0.3%
RXST	F	-0.3%
BHE	C	-0.29%
AKR	B	-0.29%
CRDO	B	-0.29%
DNOW	B	-0.29%
HURN	C	-0.29%
SBRA	C	-0.29%
TCMD	B	-0.29%
ODP	F	-0.29%
ADMA	B	-0.28%
VIRT	A	-0.28%
BKE	B	-0.28%
PHIN	A	-0.28%
ASO	F	-0.28%
HUBG	A	-0.28%
THFF	B	-0.28%
AZZ	A	-0.27%
MEDP	D	-0.27%
AVNS	F	-0.27%
SXC	A	-0.27%
ITCI	C	-0.27%
HCC	B	-0.27%
BNL	D	-0.27%
PSN	D	-0.27%
ABG	C	-0.26%
INTA	B	-0.26%
BKU	A	-0.26%
CCRN	F	-0.26%
PRG	C	-0.26%
VRNS	D	-0.26%
HCI	C	-0.26%
PIPR	A	-0.25%
GNK	D	-0.25%
GIII	D	-0.25%
PRM	C	-0.25%
HAE	C	-0.23%
KN	B	-0.23%
VNDA	C	-0.23%
MED	D	-0.23%
NTCT	C	-0.23%
LMAT	A	-0.23%
HLX	B	-0.22%
IMKTA	C	-0.22%
HDSN	F	-0.22%
SMP	C	-0.22%
AMKR	D	-0.21%
NX	C	-0.21%
TMDX	F	-0.21%
VCTR	B	-0.21%
EXTR	C	-0.21%
SIGA	F	-0.21%
WABC	B	-0.21%
SBH	C	-0.21%
PK	C	-0.2%
BLFS	C	-0.2%
ENS	F	-0.2%
KRC	B	-0.2%
CMPR	D	-0.2%
INSW	F	-0.2%
NUS	D	-0.2%
SGBX	F	-0.19%
DHT	F	-0.19%
ONTO	F	-0.19%
ASGN	F	-0.19%
ASC	F	-0.19%
NSSC	D	-0.19%
TARS	C	-0.19%
UCTT	D	-0.18%
TNC	D	-0.18%
GOGL	F	-0.18%
NAVI	F	-0.18%
HOV	D	-0.17%
TGTX	B	-0.17%
NVST	B	-0.17%
ADNT	F	-0.17%
AXSM	B	-0.17%
BRC	D	-0.16%
KELYA	F	-0.16%
XRX	F	-0.16%
SD	D	-0.16%
HY	D	-0.16%
HROW	D	-0.16%
VSH	F	-0.16%
SCSC	C	-0.15%
SCVL	F	-0.15%
GES	F	-0.15%
STNG	F	-0.15%
AIT	B	-0.14%
NECB	C	-0.14%
METC	C	-0.14%
ALRM	C	-0.14%
MRVI	F	-0.14%
AYI	B	-0.14%
EIG	B	-0.13%
TWST	F	-0.13%
CWCO	C	-0.13%
PCRX	C	-0.13%
MOV	D	-0.13%
CSGS	B	-0.13%
CECO	B	-0.12%
CLW	F	-0.12%
ALKT	B	-0.12%
OSCR	D	-0.11%
YEXT	B	-0.11%
CHRD	D	-0.11%
INVA	D	-0.11%
CGEM	F	-0.11%
RAMP	B	-0.1%
GFF	A	-0.1%
AMCX	C	-0.1%
ASTH	F	-0.1%
SPSC	D	-0.09%
MAX	F	-0.09%
MLKN	F	-0.08%
KRYS	C	-0.08%
KTB	B	-0.08%
ATLO	C	-0.07%
TPH	D	-0.07%
PEBK	B	-0.07%
CTRE	C	-0.07%
WGO	C	-0.07%
FTDR	B	-0.06%
APAM	B	-0.06%
CTS	C	-0.06%
GRND	A	-0.06%
JWN	D	-0.06%
OMI	F	-0.06%
KSS	F	-0.06%
REVG	C	-0.05%
AMPH	F	-0.05%
NSIT	F	-0.05%
ATEN	A	-0.05%
AMN	F	-0.04%
TDC	D	-0.04%
SEMR	C	-0.04%
PHR	F	-0.04%
FORM	D	-0.04%
ETD	C	-0.04%
EOLS	D	-0.04%
ANDE	D	-0.04%
OTTR	C	-0.04%
COLL	F	-0.04%
PGNY	F	-0.03%
JBI	F	-0.03%
VITL	D	-0.03%
SWI	C	-0.03%
EMBC	C	-0.03%
LBRT	D	-0.03%
ACLS	F	-0.02%
ACIW	B	-0.02%
MITK	C	-0.0%
MAIN	A	-0.0%
EPAC	C	-0.0%