IGV vs. IETC ETF Comparison

Comparison of iShares Expanded Tech-Software Sector ETF (IGV) to iShares Evolved U.S. Technology ETF (IETC)

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

$104.54

Average Daily Volume

3,734,295

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

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

$81.98

Average Daily Volume

18,846

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	IGV	IETC
30 Days	13.49%	1.33%
60 Days	17.20%	5.40%
90 Days	21.04%	8.00%
12 Months	37.76%	39.57%

29 Overlapping Holdings

Symbol	Grade	Weight in IGV	Weight in IETC	Overlap
ADBE	C	6.5%	1.19%	1.19%
ADSK	A	2.31%	0.71%	0.71%
ANSS	B	1.04%	0.4%	0.4%
APPN	B	0.05%	0.04%	0.04%
BILL	A	0.3%	0.04%	0.04%
BSY	F	0.26%	0.17%	0.17%
CDNS	B	2.91%	1.84%	1.84%
CFLT	B	0.25%	0.09%	0.09%
CRM	B	9.42%	3.82%	3.82%
CRWD	B	2.79%	0.33%	0.33%
DDOG	A	1.43%	0.16%	0.16%
EA	A	1.38%	0.12%	0.12%
FTNT	C	2.1%	1.25%	1.25%
HUBS	A	1.25%	0.14%	0.14%
INTU	B	4.13%	0.07%	0.07%
MANH	D	0.6%	1.28%	0.6%
MSFT	D	7.19%	7.7%	7.19%
MSTR	B	2.0%	0.28%	0.28%
NOW	A	7.13%	2.11%	2.11%
ORCL	A	8.34%	3.5%	3.5%
PANW	B	4.35%	0.82%	0.82%
PLTR	B	4.17%	0.58%	0.58%
QLYS	B	0.19%	0.17%	0.17%
SNAP	D	0.4%	0.07%	0.07%
SNPS	B	2.94%	0.2%	0.2%
TEAM	A	1.39%	0.84%	0.84%
TYL	B	0.92%	0.63%	0.63%
WDAY	B	2.02%	0.69%	0.69%
ZM	C	0.76%	0.6%	0.6%

IGV Overweight 80 Positions Relative to IETC

Symbol	Grade	Weight
APP	B	2.13%
ROP	B	2.12%
FICO	B	1.99%
TTWO	A	1.04%
PTC	B	0.8%
ZS	B	0.68%
NTNX	B	0.61%
DOCU	B	0.58%
GWRE	A	0.57%
GEN	B	0.57%
DT	D	0.56%
IOT	A	0.36%
S	B	0.28%
PCOR	B	0.27%
ESTC	C	0.27%
SMAR	B	0.27%
CVLT	B	0.26%
GTLB	B	0.25%
DBX	B	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	B	0.19%
U	C	0.19%
HCP	B	0.18%
WK	B	0.17%
CCCS	B	0.17%
TENB	C	0.17%
BOX	B	0.17%
IDCC	B	0.16%
DLB	B	0.15%
PEGA	B	0.14%
NCNO	C	0.13%
BLKB	B	0.12%
CLSK	C	0.12%
ZETA	D	0.12%
RNG	C	0.11%
BL	B	0.11%
RIOT	C	0.11%
INTA	B	0.1%
DV	C	0.1%
TDC	D	0.1%
PRGS	A	0.1%
AI	B	0.1%
FIVN	C	0.1%
FRSH	B	0.1%
ALRM	C	0.1%
YOU	D	0.09%
VERX	A	0.09%
RPD	B	0.09%
ENV	B	0.09%
AGYS	A	0.09%
BRZE	C	0.08%
ALKT	B	0.08%
PD	C	0.07%
RAMP	B	0.07%
VYX	B	0.07%
AVPT	A	0.06%
MTTR	B	0.05%
ZUO	B	0.05%
SPT	C	0.05%
VRNT	C	0.05%
PRO	C	0.04%
ASAN	B	0.04%
ATEN	A	0.04%
ADEA	C	0.04%
SWI	C	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 88 Positions Relative to IETC

Symbol	Grade	Weight
AVGO	D	-11.87%
NVDA	B	-8.78%
AMZN	C	-8.02%
ACN	B	-4.24%
AAPL	C	-2.42%
MSI	B	-2.4%
GOOGL	C	-2.34%
VRSN	C	-1.99%
IBM	C	-1.92%
CSCO	B	-1.85%
META	D	-1.79%
ICE	C	-1.6%
GOOG	C	-1.44%
QCOM	F	-1.35%
GPN	B	-1.12%
PH	A	-0.99%
MA	B	-0.95%
NTAP	C	-0.78%
EQIX	A	-0.74%
SSNC	B	-0.71%
AMD	F	-0.7%
ABNB	C	-0.66%
VRSK	A	-0.64%
IT	C	-0.62%
TTD	B	-0.62%
ANET	C	-0.58%
CDW	F	-0.57%
MPWR	F	-0.52%
LMT	D	-0.41%
MU	D	-0.39%
CSGP	D	-0.37%
MCO	B	-0.35%
KLAC	F	-0.34%
G	B	-0.32%
TXN	C	-0.3%
FDS	B	-0.3%
COIN	C	-0.28%
UBER	F	-0.23%
TTEK	F	-0.21%
DASH	B	-0.21%
SQ	A	-0.2%
BAH	F	-0.2%
KEYS	A	-0.18%
MMC	B	-0.18%
TRU	D	-0.17%
LRCX	F	-0.16%
CACI	D	-0.15%
AKAM	D	-0.14%
PINS	F	-0.14%
IQV	F	-0.13%
SWKS	F	-0.13%
MSCI	C	-0.12%
VEEV	C	-0.11%
NSIT	F	-0.1%
IPG	D	-0.1%
TER	F	-0.1%
NDAQ	A	-0.09%
IRM	C	-0.09%
VRT	B	-0.09%
SLB	C	-0.09%
ADP	A	-0.07%
ROK	C	-0.07%
CPAY	A	-0.06%
TDY	B	-0.06%
CBOE	C	-0.06%
SLAB	F	-0.06%
CPNG	D	-0.06%
DELL	B	-0.06%
JNPR	D	-0.06%
LPLA	A	-0.06%
QRVO	F	-0.06%
BBY	D	-0.06%
FBIN	D	-0.06%
DOCN	C	-0.05%
MMS	F	-0.05%
ILMN	C	-0.05%
SAIC	F	-0.05%
CL	D	-0.04%
DXC	B	-0.04%
GLW	B	-0.03%
ZI	D	-0.02%
ENPH	F	-0.02%
XYL	D	-0.02%
RIVN	F	-0.01%
GDDY	A	-0.01%
ALGN	D	-0.0%
GRAL	B	-0.0%
FTV	C	-0.0%

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