KNCT vs. IETC ETF Comparison

Comparison of Invesco Next Gen Connectivity ETF (KNCT) to iShares Evolved U.S. Technology ETF (IETC)

KNCT

Invesco Next Gen Connectivity ETF

KNCT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.

Grade (RS Rating)

Last Trade

$104.87

Average Daily Volume

327

Number of Holdings ^*

60

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$82.22

Average Daily Volume

19,325

Number of Holdings ^*

117

* may have additional holdings in another (foreign) market

Performance

Period	KNCT	IETC
30 Days	1.16%	3.17%
60 Days	3.78%	5.58%
90 Days	4.96%	8.32%
12 Months	26.69%	39.98%

24 Overlapping Holdings

	Symbol	Grade	Weight in KNCT	Weight in IETC	Overlap
	AAPL	C	7.83%	2.45%	2.45%
	ACN	C	2.97%	4.27%	2.97%
	AKAM	D	0.29%	0.15%	0.15%
	ANET	C	2.21%	0.62%	0.62%
	AVGO	D	7.92%	11.53%	7.92%
	BAH	F	0.22%	0.2%	0.2%
	CACI	D	0.22%	0.15%	0.15%
	CDNS	B	1.56%	1.88%	1.56%
	CFLT	B	0.14%	0.1%	0.1%
	CRWD	B	1.7%	0.35%	0.35%
	CSCO	B	4.16%	1.85%	1.85%
	DDOG	A	0.87%	0.18%	0.18%
	EQIX	A	1.82%	0.77%	0.77%
	FTNT	C	1.27%	1.26%	1.26%
	G	B	0.08%	0.33%	0.08%
	JNPR	F	0.27%	0.06%	0.06%
	KEYS	A	0.39%	0.2%	0.2%
	MSI	B	1.52%	2.42%	1.52%
	MU	D	1.96%	0.41%	0.41%
	NTAP	C	0.52%	0.84%	0.52%
	PANW	C	2.74%	0.83%	0.83%
	QCOM	F	3.89%	1.29%	1.29%
	QLYS	C	0.12%	0.18%	0.12%
	SNPS	B	1.6%	0.2%	0.2%

KNCT Overweight 36 Positions Relative to IETC

	Symbol	Grade	Weight
	VZ	C	3.68%
	T	A	3.37%
	TMUS	B	2.5%
	CMCSA	B	2.24%
	INTC	D	2.19%
	AMT	D	1.94%
	MRVL	B	1.68%
	DLR	B	1.17%
	APH	A	1.16%
	CHTR	C	0.79%
	CCI	D	0.65%
	NET	B	0.6%
	MCHP	D	0.54%
	SBAC	D	0.5%
	MDB	C	0.46%
	ZS	C	0.43%
	NTNX	A	0.37%
	ARM	D	0.36%
	UMC	F	0.35%
	DOCU	A	0.35%
	DT	C	0.34%
	COHR	B	0.33%
	CHKP	D	0.33%
	FFIV	B	0.3%
	CYBR	B	0.27%
	OKTA	C	0.26%
	LBRDK	C	0.23%
	CIEN	B	0.22%
	WIT	A	0.21%
	FYBR	D	0.19%
	CHT	D	0.17%
	LSCC	D	0.15%
	RMBS	C	0.12%
	KD	B	0.12%
	TENB	C	0.11%
	DY	D	0.1%

KNCT Underweight 93 Positions Relative to IETC

	Symbol	Grade	Weight
	NVDA	C	-8.86%
	AMZN	C	-7.6%
	MSFT	F	-7.52%
	CRM	B	-3.91%
	ORCL	B	-3.64%
	GOOGL	C	-2.26%
	NOW	A	-2.14%
	IBM	C	-2.06%
	VRSN	F	-2.01%
	META	D	-1.77%
	ICE	C	-1.64%
	GOOG	C	-1.39%
	MANH	D	-1.25%
	ADBE	C	-1.15%
	GPN	B	-1.14%
	PH	A	-1.01%
	MA	C	-0.94%
	TEAM	A	-0.86%
	ADSK	A	-0.74%
	SSNC	B	-0.73%
	AMD	F	-0.7%
	WDAY	B	-0.69%
	ABNB	C	-0.66%
	TTD	B	-0.64%
	VRSK	A	-0.64%
	PLTR	B	-0.61%
	IT	C	-0.61%
	TYL	B	-0.61%
	ZM	B	-0.59%
	CDW	F	-0.57%
	MPWR	F	-0.52%
	ANSS	B	-0.41%
	LMT	D	-0.41%
	CSGP	D	-0.39%
	MCO	B	-0.35%
	KLAC	D	-0.34%
	MSTR	C	-0.34%
	COIN	C	-0.3%
	FDS	B	-0.3%
	TXN	C	-0.29%
	UBER	D	-0.23%
	SQ	B	-0.22%
	TTEK	F	-0.21%
	DASH	A	-0.21%
	MMC	B	-0.19%
	BSY	D	-0.17%
	TRU	D	-0.17%
	LRCX	F	-0.16%
	HUBS	A	-0.15%
	SWKS	F	-0.14%
	PINS	D	-0.14%
	EA	A	-0.13%
	IQV	D	-0.13%
	MSCI	C	-0.12%
	VRT	B	-0.11%
	IRM	D	-0.1%
	SLB	C	-0.1%
	TER	D	-0.1%
	IPG	D	-0.1%
	VEEV	C	-0.1%
	NDAQ	A	-0.09%
	NSIT	F	-0.09%
	QRVO	F	-0.07%
	INTU	C	-0.07%
	LPLA	A	-0.07%
	ADP	B	-0.07%
	SNAP	C	-0.07%
	ROK	B	-0.07%
	CPNG	D	-0.06%
	TDY	B	-0.06%
	CPAY	A	-0.06%
	SLAB	D	-0.06%
	BBY	D	-0.06%
	DELL	C	-0.06%
	CBOE	B	-0.06%
	FBIN	D	-0.06%
	DXC	B	-0.05%
	BILL	A	-0.05%
	DOCN	D	-0.05%
	ILMN	D	-0.05%
	SAIC	F	-0.05%
	GLW	B	-0.04%
	APPN	B	-0.04%
	CL	D	-0.04%
	MMS	F	-0.04%
	GDDY	A	-0.02%
	ZI	D	-0.02%
	ENPH	F	-0.02%
	XYL	D	-0.02%
	RIVN	F	-0.01%
	ALGN	D	-0.0%
	GRAL	C	-0.0%
	FTV	C	-0.0%

KNCT: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Telecom Services Communication Equipment Information Technology Services Pay TV Business Services REIT - Diversified Scientific & Technical Instruments Semiconductor Memory Computer Systems Consumer Electronics Data Storage Electronic Components Engineering & Construction REIT - Office

Keywords: S&P 500 Computing Nasdaq 100 Telecommunications Cloud Computing Cloud Infrastructure Firewall Broadband Computer Security Cybersecurity Ethernet Semiconductor Information And Communications Technology Security Solution Fabless Semiconductor Companies Internet Access Work From Home Computer Network Computer Networking Electronics

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Computer Systems Internet Content & Information Specialty Retail Advertising Agencies Aerospace & Defense Auto Manufacturers Conglomerates

Keywords: S&P 500 Nasdaq 100 Computing Cloud Computing Work From Home Semiconductor Mobile Devices Software Cloud Infrastructure Electronics Software As A Service Operating System Integrated Circuits Telecommunications Dow Jones Component Financial Management Smartphones Software Platform Aerospace CRM