IYZ vs. CGRO ETF Comparison

Comparison of iShares U.S. Telecommunications ETF (IYZ) to CoreValues Alpha Greater China Growth ETF (CGRO)

IYZ

iShares U.S. Telecommunications ETF

IYZ Description

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

Grade (RS Rating)

Last Trade

$24.44

Average Daily Volume

468,104

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

CGRO

CoreValues Alpha Greater China Growth ETF

CGRO Description

CGRO aims to benefit from high-growth sectors in Greater China without compromising American values and interests. The fund includes companies of all sizes located or primarily traded in mainland China, Taiwan, and Chinas special administrative regions, such as Hong Kong. The portfolio construction starts with top-down macro research, which utilizes publicly available data to identify sectors with the highest growth potential. The fund also conducts on-the-ground due diligence wherein it gains insights from 15 investment professionals located in China. Lastly, a fundamental bottom-up approach is used to analyze company-specific data such as financial reports and management expertise. The weight of each sector and company is determined by the sub-advisers assessment of its growth potential, which may change over time. The fund may invest in China A-shares, depositary receipts, and issuers listed on exchanges outside China.

Grade (RS Rating)

Last Trade

$19.18

Average Daily Volume

697

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	IYZ	CGRO
30 Days	6.56%	-0.24%
60 Days	8.55%	-9.22%
90 Days	16.63%	-8.78%
12 Months	12.45%

0 Overlapping Holdings

	Symbol	Grade	Weight in IYZ	Weight in CGRO	Overlap

IYZ Overweight 19 Positions Relative to CGRO

	Symbol	Grade	Weight
	VZ	A	1.0%
	CMCSA	D	1.0%
	T	A	1.0%
	FYBR	C	1.0%
	ROKU	C	1.0%
	UI	B	1.0%
	TMUS	A	1.0%
	CHTR	D	1.0%
	MSI	B	1.0%
	ANET	C	1.0%
	CSCO	C	1.0%
	JNPR	B	1.0%
	LITE	C	1.0%
	LBRDK	D	1.0%
	IRDM	D	1.0%
	LBTYK	B	1.0%
	LBTYA	B	1.0%
	LBRDA	D	1.0%
	CIEN	C	1.0%

IYZ Underweight 5 Positions Relative to CGRO

	Symbol	Grade	Weight
	PDD	F	-5.92%
	TCOM	C	-5.43%
	TME	F	-4.66%
	TSM	C	-4.28%
	YMM	D	-4.21%

IYZ: Top Represented Industries & Keywords

Industries: Pay TV Communication Equipment Telecom Services Computer Systems

Keywords: Broadband Telecommunications S&P 500 Internet Access Ethernet Information And Communications Technology Video Services Computer Network Computer Networking Nasdaq 100 Virgin Media Backhaul Computing High Speed Internet Internet Services Network Infrastructure VoIP Voice And Data Voice Over Internet Protocol Voice Services

CGRO: Top Represented Industries & Keywords

Industries: Internet Content & Information Leisure Semiconductors Software - Application Specialty Retail

Keywords: Nasdaq 100 Advertising Services Airline Tickets Cargo Consumer Behaviour Corporate Travel Management E-Commerce Entertainment Services Freight Transport Integrated Circuits Karaoke Microphone Music Services On Semiconductor Property Management Related Applications Renewable Energy Retailing Sales Promotion Semiconductor Device Fabrication