IVRS vs. SMH ETF Comparison

Comparison of iShares Future Metaverse Tech and Communications ETF (IVRS) to Market Vectors Semiconductor ETF (SMH)

IVRS

iShares Future Metaverse Tech and Communications ETF

IVRS Description

The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the "metaverse" and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.06

Average Daily Volume

587

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$244.18

Average Daily Volume

6,059,281

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVRS	SMH
30 Days	3.61%	-2.91%
60 Days	5.83%	2.64%
90 Days	4.94%	-2.57%
12 Months	12.80%	48.08%

7 Overlapping Holdings

Symbol	Grade	Weight in IVRS	Weight in SMH	Overlap
AMD	F	0.32%	4.47%	0.32%
CDNS	B	3.77%	2.88%	2.88%
INTC	C	0.18%	4.05%	0.18%
MU	D	0.17%	4.21%	0.17%
NVDA	A	3.18%	22.79%	3.18%
QCOM	F	0.28%	4.18%	0.28%
SNPS	C	3.72%	3.18%	3.18%

IVRS Overweight 20 Positions Relative to SMH

Symbol	Grade	Weight
META	C	6.05%
TTWO	A	4.89%
ADSK	B	4.88%
EA	A	4.72%
RBLX	B	4.72%
PTC	B	4.71%
ANSS	B	4.39%
SONY	B	4.35%
U	F	4.19%
GRMN	B	3.92%
AAPL	C	3.77%
MSFT	D	2.74%
ZM	B	2.44%
GOOGL	B	1.61%
CRM	B	0.44%
ADBE	D	0.32%
ANET	C	0.15%
SNAP	D	0.02%
MTCH	F	0.01%
AZPN	A	0.01%

IVRS Underweight 18 Positions Relative to SMH

Symbol	Grade	Weight
TSM	B	-13.12%
AVGO	C	-7.89%
TXN	C	-4.33%
AMAT	F	-4.2%
ASML	F	-3.79%
ADI	D	-3.79%
LRCX	F	-3.67%
KLAC	F	-3.29%
MRVL	B	-2.48%
NXPI	F	-1.81%
MCHP	F	-1.37%
MPWR	F	-1.2%
ON	F	-0.89%
STM	F	-0.79%
TER	F	-0.57%
SWKS	F	-0.5%
OLED	F	-0.31%
QRVO	F	-0.23%