IWTR vs. ADPV ETF Comparison

Comparison of iShares MSCI Water Management Multisector ETF (IWTR) to Adaptiv Select ETF (ADPV)

IWTR

iShares MSCI Water Management Multisector ETF

IWTR Description

The iShares MSCI Water Management Multisector ETF seeks to track the investment results of an index composed of U.S. and non-U.S. companies that either 1) derive a proportion of their revenues from sustainable water products or services or 2) demonstrate relative efficiency in their water management.

Grade (RS Rating)

Last Trade

$31.10

Average Daily Volume

403

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.59

Average Daily Volume

11,259

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWTR	ADPV
30 Days	0.30%	0.57%
60 Days	1.44%	1.35%
90 Days	2.82%	1.05%
12 Months	15.54%	26.39%

1 Overlapping Holdings

	Symbol	Grade	Weight in IWTR	Weight in ADPV	Overlap
	CNM	D	3.72%	5.08%	3.72%

IWTR Overweight 14 Positions Relative to ADPV

Symbol	Grade	Weight
TXN	B	6.31%
XYL	D	6.13%
MAR	C	6.11%
INTC	C	5.95%
AWK	B	5.8%
HLT	B	4.89%
IFF	B	2.95%
BMI	C	2.78%
WTS	D	2.5%
FELE	D	2.05%
ZWS	D	1.81%
MWA	C	1.04%
ERII	F	0.48%
ALTM	F	0.35%

IWTR Underweight 9 Positions Relative to ADPV

Symbol	Grade	Weight
VST	C	-7.97%
VRT	C	-6.82%
APP	B	-5.84%
NRG	D	-5.06%
KD	C	-4.86%
HOOD	B	-4.32%
NTNX	C	-4.15%
KEY	C	-3.9%
OWL	D	-3.82%