IVRS vs. SMHX ETF Comparison

Comparison of iShares Future Metaverse Tech and Communications ETF (IVRS) to VanEck Fabless Semiconductor ETF (SMHX)

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

$35.05

Average Daily Volume

606

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMHX

VanEck Fabless Semiconductor ETF

SMHX Description

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The Fabless Index is composed of U.S.-listed common stocks of companies that derive at least 50% of their revenues from the semiconductor industry and operate as fabless semiconductor companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.62

Average Daily Volume

29,332

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IVRS	SMHX
30 Days	4.48%	-0.34%
60 Days	6.55%	7.96%
90 Days	7.04%
12 Months	14.51%

5 Overlapping Holdings

Symbol	Grade	Weight in IVRS	Weight in SMHX	Overlap
AMD	F	0.32%	4.13%	0.32%
CDNS	B	3.77%	4.6%	3.77%
NVDA	A	3.18%	22.39%	3.18%
QCOM	F	0.28%	4.39%	0.28%
SNPS	C	3.72%	5.08%	3.72%

IVRS Overweight 22 Positions Relative to SMHX

Symbol	Grade	Weight
META	C	6.05%
TTWO	A	4.89%
ADSK	A	4.88%
EA	A	4.72%
RBLX	B	4.72%
PTC	B	4.71%
ANSS	B	4.39%
SONY	B	4.35%
U	C	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%
INTC	C	0.18%
MU	D	0.17%
ANET	D	0.15%
SNAP	D	0.02%
MTCH	F	0.01%
AZPN	A	0.01%

IVRS Underweight 16 Positions Relative to SMHX

Symbol	Grade	Weight
AVGO	D	-14.4%
MRVL	B	-4.87%
ARM	F	-3.9%
RMBS	C	-3.62%
CRUS	F	-2.98%
LSCC	F	-2.92%
PI	D	-2.72%
MPWR	F	-2.57%
POWI	D	-2.25%
SLAB	F	-1.89%
AMBA	B	-1.67%
SIMO	D	-1.55%
ALGM	F	-1.54%
SITM	B	-1.47%
SYNA	D	-1.47%
SMTC	B	-1.4%