IYF vs. DFNL ETF Comparison

Comparison of iShares U.S. Financial ETF (IYF) to Davis Select Financial ETF (DFNL)

IYF

iShares U.S. Financial ETF

IYF Description

The investment seeks to track the investment results of an index composed of U.S. equities in the financial 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 Dow Jones U.S. Financials Index (the "underlying index"), which measures the performance of the financial sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$117.63

Average Daily Volume

280,732

Number of Holdings ^*

135

* may have additional holdings in another (foreign) market

DFNL

Davis Select Financial ETF

DFNL Description

The investment seeks long-term growth of capital. The fund's investment adviser, uses the Davis Investment Discipline to invest, under normal market conditions, at least 80% of its net assets plus any borrowings for investment purposes in securities issued by companies principally engaged in the financial services sector. The fund's portfolio, generally, contains between 15 and 35 companies. It invests, principally, in common stocks. The fund may invest in large, medium or small companies without regard to market capitalization and may invest in issuers in foreign countries, including countries with developed or emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.69

Average Daily Volume

9,044

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IYF	DFNL
30 Days	8.65%	7.39%
60 Days	13.36%	10.71%
90 Days	15.27%	12.42%
12 Months	50.66%	45.27%

18 Overlapping Holdings

Symbol	Grade	Weight in IYF	Weight in DFNL	Overlap
BAC	A	4.69%	2.55%	2.55%
BK	A	0.97%	5.59%	0.97%
BRK.A	B	11.69%	6.87%	6.87%
CB	C	1.95%	5.15%	1.95%
EG	C	0.27%	0.92%	0.27%
FITB	A	0.54%	5.48%	0.54%
JPM	A	9.82%	6.48%	6.48%
L	A	0.26%	3.07%	0.26%
MKL	A	0.37%	5.29%	0.37%
MTB	A	0.6%	1.77%	0.6%
PNC	B	1.38%	4.92%	1.38%
RKT	F	0.03%	2.13%	0.03%
RNR	C	0.22%	2.13%	0.22%
SCHW	B	2.01%	1.23%	1.23%
STT	A	0.48%	1.5%	0.48%
TFC	A	1.04%	2.82%	1.04%
USB	A	1.3%	4.96%	1.3%
WFC	A	4.36%	5.89%	4.36%

IYF Overweight 117 Positions Relative to DFNL

Symbol	Grade	Weight
GS	A	3.13%
SPGI	C	2.63%
MS	A	2.6%
BLK	C	2.59%
PGR	A	2.5%
C	A	2.2%
BX	A	2.14%
MMC	B	1.83%
KKR	A	1.69%
ICE	C	1.48%
APO	B	1.43%
CME	A	1.35%
MCO	B	1.25%
AON	A	1.24%
AJG	B	1.07%
AFL	B	1.04%
COIN	C	1.01%
TRV	B	1.0%
AMP	A	0.94%
ALL	A	0.86%
MET	A	0.82%
AIG	B	0.82%
PRU	A	0.77%
MSCI	C	0.76%
DFS	B	0.74%
ACGL	D	0.61%
HIG	B	0.58%
NDAQ	A	0.54%
WTW	B	0.53%
RJF	A	0.51%
ARES	A	0.51%
FCNCA	A	0.45%
BR	A	0.45%
TROW	B	0.44%
BRO	B	0.44%
HBAN	A	0.43%
RF	A	0.41%
CINF	A	0.39%
LPLA	A	0.39%
NTRS	A	0.36%
HOOD	B	0.36%
CFG	B	0.35%
CBOE	B	0.35%
PFG	D	0.33%
IBKR	A	0.32%
FDS	B	0.31%
KEY	B	0.3%
WRB	A	0.3%
RGA	A	0.26%
FNF	B	0.25%
TW	A	0.25%
SOFI	A	0.24%
EWBC	A	0.24%
JEF	A	0.22%
UNM	A	0.21%
SF	B	0.2%
EQH	B	0.2%
CG	A	0.19%
FHN	A	0.19%
AIZ	A	0.19%
OWL	A	0.19%
WBS	A	0.18%
PRI	A	0.18%
EVR	B	0.18%
ALLY	C	0.17%
GL	B	0.17%
NLY	C	0.17%
AFG	A	0.17%
KNSL	B	0.17%
PNFP	B	0.16%
ORI	A	0.16%
HLI	B	0.16%
MKTX	D	0.16%
WAL	B	0.16%
WTFC	A	0.15%
MORN	B	0.15%
CFR	B	0.14%
VOYA	B	0.14%
SNV	B	0.14%
CMA	A	0.14%
CBSH	A	0.14%
ZION	B	0.14%
RYAN	B	0.13%
SEIC	B	0.13%
AXS	A	0.12%
AGNC	D	0.12%
BPOP	B	0.12%
RLI	B	0.12%
PB	A	0.12%
MTG	C	0.11%
BEN	C	0.11%
COLB	A	0.11%
OMF	A	0.11%
FAF	A	0.11%
IVZ	B	0.11%
TPG	A	0.1%
RITM	C	0.1%
THG	A	0.1%
AMG	B	0.1%
JHG	A	0.1%
STWD	C	0.1%
FNB	A	0.1%
LAZ	B	0.1%
WTM	A	0.09%
OZK	B	0.09%
SLM	A	0.09%
KMPR	B	0.08%
AGO	B	0.08%
LNC	B	0.07%
BHF	B	0.06%
FHB	A	0.06%
CACC	D	0.05%
VIRT	B	0.05%
BOKF	B	0.04%
CNA	B	0.02%
UWMC	D	0.01%
TFSL	A	0.01%

IYF Underweight 3 Positions Relative to DFNL

Symbol	Grade	Weight
COF	B	-9.7%
AXP	A	-3.91%
NTB	B	-1.6%