IYF vs. FPAG ETF Comparison

Comparison of iShares U.S. Financial ETF (IYF) to FPA Global Equity ETF (FPAG)

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

$104.26

Average Daily Volume

265,647

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.37

Average Daily Volume

13,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IYF	FPAG
30 Days	3.51%	0.45%
60 Days	4.37%	0.36%
90 Days	10.91%	2.95%
12 Months	38.40%	28.18%

2 Overlapping Holdings

	Symbol	Grade	Weight in IYF	Weight in FPAG	Overlap
	C	D	2.21%	4.88%	2.21%
	WFC	D	3.52%	3.66%	3.52%

IYF Overweight 8 Positions Relative to FPAG

Symbol	Grade	Weight
BRK.A	C	13.24%
JPM	D	10.0%
BAC	D	4.1%
GS	C	2.96%
SPGI	A	2.95%
PGR	A	2.71%
BLK	B	2.45%
MS	C	2.21%

IYF Underweight 23 Positions Relative to FPAG

Symbol	Grade	Weight
GOOGL	D	-6.38%
META	A	-5.35%
ADI	C	-5.13%
CMCSA	D	-4.78%
TEL	D	-4.58%
GOOG	D	-4.17%
IFF	C	-3.84%
AMZN	C	-3.39%
AON	B	-2.69%
AVGO	C	-2.26%
NXPI	D	-2.21%
KMX	D	-1.85%
CHTR	D	-1.75%
KMI	A	-1.72%
MAR	C	-1.69%
FE	C	-1.49%
HWM	B	-1.29%
ICLR	D	-1.26%
WAB	A	-1.23%
UBER	C	-1.16%
NFLX	B	-0.66%
BABA	B	-0.29%
PCG	B	-0.21%