IGV vs. CGRO ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to CoreValues Alpha Greater China Growth ETF (CGRO)

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$105.08

Average Daily Volume

3,654,633

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$23.27

Average Daily Volume

739

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGV	CGRO
30 Days	11.95%	-1.56%
60 Days	15.82%	16.55%
90 Days	20.30%	18.80%
12 Months	36.11%	13.83%

0 Overlapping Holdings

	Symbol	Grade	Weight in IGV	Weight in CGRO	Overlap

IGV Overweight 109 Positions Relative to CGRO

Symbol	Grade	Weight
CRM	B	9.42%
ORCL	A	8.34%
MSFT	D	7.19%
NOW	B	7.13%
ADBE	D	6.5%
PANW	A	4.35%
PLTR	B	4.17%
INTU	B	4.13%
SNPS	C	2.94%
CDNS	B	2.91%
CRWD	B	2.79%
ADSK	A	2.31%
APP	B	2.13%
ROP	C	2.12%
FTNT	B	2.1%
WDAY	C	2.02%
MSTR	B	2.0%
FICO	A	1.99%
DDOG	A	1.43%
TEAM	B	1.39%
EA	A	1.38%
HUBS	A	1.25%
TTWO	A	1.04%
ANSS	B	1.04%
TYL	B	0.92%
PTC	B	0.8%
ZM	B	0.76%
ZS	C	0.68%
NTNX	B	0.61%
MANH	D	0.6%
DOCU	B	0.58%
GWRE	A	0.57%
GEN	B	0.57%
DT	D	0.56%
SNAP	D	0.4%
IOT	A	0.36%
BILL	A	0.3%
S	C	0.28%
PCOR	C	0.27%
ESTC	C	0.27%
SMAR	A	0.27%
BSY	D	0.26%
CVLT	A	0.26%
GTLB	B	0.25%
CFLT	B	0.25%
DBX	C	0.23%
AZPN	A	0.23%
SPSC	D	0.23%
MARA	B	0.22%
ALTR	B	0.22%
VRNS	D	0.21%
QTWO	A	0.21%
CWAN	B	0.2%
PATH	C	0.2%
ACIW	B	0.2%
AUR	C	0.19%
APPF	C	0.19%
U	C	0.19%
QLYS	C	0.19%
HCP	B	0.18%
WK	C	0.17%
CCCS	B	0.17%
TENB	D	0.17%
BOX	B	0.17%
IDCC	B	0.16%
DLB	B	0.15%
PEGA	B	0.14%
NCNO	B	0.13%
BLKB	C	0.12%
CLSK	C	0.12%
ZETA	D	0.12%
RNG	C	0.11%
BL	C	0.11%
RIOT	C	0.11%
INTA	A	0.1%
DV	C	0.1%
TDC	D	0.1%
PRGS	B	0.1%
AI	B	0.1%
FIVN	C	0.1%
FRSH	C	0.1%
ALRM	C	0.1%
YOU	D	0.09%
VERX	A	0.09%
RPD	C	0.09%
ENV	B	0.09%
AGYS	A	0.09%
BRZE	C	0.08%
ALKT	B	0.08%
PD	C	0.07%
RAMP	C	0.07%
VYX	B	0.07%
AVPT	A	0.06%
MTTR	B	0.05%
ZUO	B	0.05%
SPT	C	0.05%
VRNT	D	0.05%
APPN	C	0.05%
PRO	C	0.04%
ASAN	C	0.04%
ATEN	A	0.04%
ADEA	D	0.04%
SWI	B	0.03%
NABL	F	0.03%
CXM	C	0.03%
JAMF	F	0.03%
SEMR	C	0.02%
MLNK	C	0.02%
ETWO	F	0.02%

IGV Underweight 10 Positions Relative to CGRO

Symbol	Grade	Weight
PDD	F	-9.47%
TCOM	B	-7.4%
BEKE	C	-4.55%
BABA	D	-3.58%
YMM	C	-2.97%
TME	D	-2.54%
BIDU	D	-2.08%
LI	F	-1.17%
BILI	D	-0.91%
NTES	C	-0.35%