MADE vs. EQTY ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to Kovitz Core Equity ETF (EQTY)

MADE

iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.73

Average Daily Volume

6,289

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EQTY

Kovitz Core Equity ETF

EQTY Description

The Kovitz Core Equity ETF seeks long-term capital appreciation. Through our fundamental, research-driven process, we strive to build diversified portfolios of equity investments through the purchase of competitively advantaged and financially strong companies at prices substantially less than our estimate of their intrinsic values.

Grade (RS Rating)

Last Trade

$24.14

Average Daily Volume

36,505

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	EQTY
30 Days	6.47%	2.94%
60 Days	7.69%	5.30%
90 Days	12.24%	6.95%
12 Months		29.19%

2 Overlapping Holdings

	Symbol	Grade	Weight in MADE	Weight in EQTY	Overlap
	GGG	B	0.52%	0.1%	0.1%
	PCAR	B	4.33%	3.13%	3.13%

MADE Overweight 96 Positions Relative to EQTY

Symbol	Grade	Weight
GM	B	4.47%
ETN	A	4.47%
APH	A	4.23%
CMI	A	4.08%
DE	A	4.04%
HON	B	3.98%
AME	A	3.67%
F	C	3.38%
TT	A	3.25%
PH	A	3.12%
RTX	C	2.65%
ROK	B	2.55%
DOV	A	2.25%
CARR	D	2.21%
FTV	C	2.18%
HUBB	B	1.98%
JCI	C	1.93%
LMT	D	1.91%
TDY	B	1.83%
SNA	A	1.55%
FSLR	F	1.55%
BA	F	1.36%
COHR	B	1.31%
GD	F	1.18%
TDG	D	1.14%
NOC	D	1.13%
SWK	D	1.09%
NVT	B	1.06%
LECO	B	0.95%
RRX	B	0.93%
GNRC	B	0.9%
ALSN	B	0.83%
HWM	A	0.8%
AYI	B	0.8%
AXON	A	0.78%
LHX	C	0.75%
LII	A	0.73%
TTC	D	0.7%
ENPH	F	0.68%
FN	D	0.67%
PNR	A	0.62%
IEX	B	0.6%
MIDD	C	0.6%
MKSI	C	0.59%
OSK	B	0.58%
RIVN	F	0.56%
MSA	D	0.52%
VNT	B	0.48%
THO	B	0.48%
LFUS	F	0.48%
FSS	B	0.47%
BC	C	0.44%
ITRI	B	0.42%
BDC	B	0.4%
BE	B	0.38%
LDOS	C	0.37%
AAON	B	0.34%
AEIS	B	0.34%
CR	A	0.33%
HOG	D	0.32%
ESE	B	0.31%
ENS	D	0.31%
AOS	F	0.3%
JBT	B	0.3%
SPXC	A	0.28%
LCII	C	0.26%
TRN	C	0.25%
CSWI	A	0.25%
GTLS	B	0.25%
CW	B	0.24%
TXT	D	0.24%
CXT	B	0.23%
ATKR	C	0.22%
BMI	B	0.22%
WTS	B	0.21%
GT	C	0.21%
HEI	B	0.2%
ZWS	B	0.19%
AIN	C	0.18%
BWXT	B	0.18%
WWD	B	0.17%
FELE	B	0.15%
MWA	B	0.15%
NPO	A	0.14%
LCID	F	0.13%
HII	D	0.13%
KBR	F	0.13%
MOG.A	B	0.11%
FOXF	F	0.11%
SAIC	F	0.11%
PLUG	F	0.1%
KTOS	B	0.07%
ARRY	C	0.07%
SHLS	F	0.06%
SPR	D	0.06%
SEDG	F	0.05%

MADE Underweight 36 Positions Relative to EQTY

Symbol	Grade	Weight
META	D	-4.81%
AMZN	C	-4.81%
SCHW	B	-4.68%
GOOG	C	-4.14%
BDX	F	-3.98%
KEYS	A	-3.93%
V	A	-3.77%
CRM	B	-3.76%
PM	B	-3.75%
J	F	-3.58%
ICE	C	-3.4%
KMX	B	-3.36%
FI	A	-3.18%
LOW	D	-3.16%
BRK.A	B	-3.16%
AXP	A	-3.02%
ORCL	B	-2.96%
AON	A	-2.92%
JPM	A	-2.57%
PPG	F	-2.36%
MSI	B	-2.08%
AAPL	C	-1.89%
DLTR	F	-1.86%
ANET	C	-1.84%
ADI	D	-1.73%
DEO	F	-1.72%
AMAT	F	-1.67%
HAS	D	-1.07%
AMD	F	-0.94%
HAYW	B	-0.65%
GOOGL	C	-0.49%
MSFT	F	-0.24%
SYK	C	-0.13%
VRSK	A	-0.08%
ABT	B	-0.06%
EFX	F	-0.06%