IXP vs. ABEQ ETF Comparison

Comparison of iShares Global Telecom ETF (IXP) to Absolute Core Strategy ETF (ABEQ)

IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. 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. It seeks to track the investment results of the S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$96.41

Average Daily Volume

13,114

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.59

Average Daily Volume

6,031

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IXP	ABEQ
30 Days	2.23%	-2.01%
60 Days	4.71%	-0.02%
90 Days	7.11%	1.98%
12 Months	32.52%	19.58%

2 Overlapping Holdings

	Symbol	Grade	Weight in IXP	Weight in ABEQ	Overlap
	CMCSA	B	3.88%	3.85%	3.85%
	VZ	C	3.94%	0.98%	0.98%

IXP Overweight 22 Positions Relative to ABEQ

Symbol	Grade	Weight
META	C	22.4%
GOOGL	B	12.94%
GOOG	B	10.69%
NFLX	A	5.0%
DIS	B	4.88%
T	A	3.8%
TMUS	B	2.7%
EA	A	0.91%
CHTR	B	0.88%
TTWO	A	0.68%
BIDU	F	0.56%
WBD	B	0.48%
LYV	A	0.47%
OMC	C	0.44%
CHT	C	0.34%
NWSA	B	0.25%
IPG	F	0.24%
FOXA	B	0.24%
MTCH	F	0.19%
PARA	D	0.15%
FOX	A	0.13%
NWS	A	0.08%

IXP Underweight 17 Positions Relative to ABEQ

Symbol	Grade	Weight
BRK.A	B	-11.57%
L	A	-6.67%
UL	D	-6.26%
MDT	D	-4.54%
DD	D	-4.13%
TRV	A	-3.91%
EOG	A	-3.58%
CSCO	B	-3.39%
CTVA	C	-2.86%
IFF	D	-2.31%
HSY	F	-1.95%
DEO	F	-1.74%
MRK	F	-1.65%
CME	A	-1.25%
HON	B	-1.11%
EQC	A	-1.02%
GEHC	D	-0.97%