MADE vs. FRNW ETF Comparison

Comparison of iShares Trust iShares U.S. Manufacturing ETF (MADE) to Fidelity Clean Energy ETF (FRNW)

MADE

iShares Trust 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

$24.40

Average Daily Volume

1,221

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FRNW

Fidelity Clean Energy ETF

FRNW Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Clean Energy Index. Normally investing at least 80% of assets in securities included in the Fidelity Clean Energy Index and in depositary receipts representing securities included in the index. The Fidelity Clean Energy Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that distribute, produce or provide technology or equipment to support the production of energy from solar, wind, hydrogen and other renewable sources

Grade (RS Rating)

Last Trade

$15.67

Average Daily Volume

7,031

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	FRNW
30 Days	2.42%	2.84%
60 Days	1.69%	5.04%
90 Days		2.35%
12 Months		-6.76%

7 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in FRNW	Overlap
ARRY	F	1.0%	0.93%	0.93%
BE	F	1.0%	1.58%	1.0%
ENPH	C	1.0%	3.4%	1.0%
FSLR	C	1.0%	4.22%	1.0%
PLUG	F	1.0%	1.19%	1.0%
SEDG	F	1.0%	0.87%	0.87%
SHLS	D	1.0%	1.51%	1.0%

MADE Overweight 91 Positions Relative to FRNW

Symbol	Grade	Weight
KTOS	B	1.0%
SPR	D	1.0%
MOG.A	B	1.0%
NPO	C	1.0%
MWA	C	1.0%
FOXF	F	1.0%
SAIC	C	1.0%
FELE	C	1.0%
KBR	D	1.0%
BWXT	D	1.0%
GTLS	F	1.0%
GT	F	1.0%
ZWS	B	1.0%
CSWI	B	1.0%
WWD	D	1.0%
HII	C	1.0%
HEI	B	1.0%
WTS	C	1.0%
TRN	C	1.0%
CW	B	1.0%
BMI	B	1.0%
JBT	D	1.0%
AIN	D	1.0%
CXT	D	1.0%
ATKR	F	1.0%
LCII	C	1.0%
AAON	B	1.0%
ESE	B	1.0%
SPXC	C	1.0%
LCID	C	1.0%
CR	C	1.0%
ENS	C	1.0%
AEIS	D	1.0%
TXT	D	1.0%
ITRI	C	1.0%
BDC	B	1.0%
HOG	C	1.0%
AOS	C	1.0%
LDOS	C	1.0%
VNT	D	1.0%
BC	C	1.0%
FSS	D	1.0%
THO	D	1.0%
AXON	B	1.0%
LFUS	D	1.0%
MSA	C	1.0%
OSK	D	1.0%
GGG	C	1.0%
MKSI	F	1.0%
PNR	B	1.0%
IEX	D	1.0%
AYI	B	1.0%
MIDD	C	1.0%
FN	D	1.0%
ALSN	B	1.0%
GNRC	D	1.0%
LII	B	1.0%
HWM	B	1.0%
TTC	D	1.0%
RRX	C	1.0%
RIVN	F	1.0%
NVT	D	1.0%
COHR	B	1.0%
LHX	D	1.0%
LECO	F	1.0%
SNA	B	1.0%
SWK	B	1.0%
GD	B	1.0%
NOC	B	1.0%
TDG	B	1.0%
HUBB	B	1.0%
TDY	C	1.0%
BA	F	1.0%
JCI	B	1.0%
DOV	B	1.0%
FTV	C	1.0%
LMT	C	1.0%
CARR	B	1.0%
ROK	D	1.0%
PH	B	1.0%
TT	B	1.0%
RTX	C	1.0%
AME	C	1.0%
F	D	1.0%
ETN	C	1.0%
CMI	C	1.0%
APH	D	1.0%
PCAR	D	1.0%
GM	B	1.0%
HON	D	1.0%
DE	B	1.0%

MADE Underweight 11 Positions Relative to FRNW

Symbol	Grade	Weight
GEV	B	-6.3%
RUN	C	-2.97%
ORA	C	-2.43%
CWEN	B	-2.06%
AY	B	-1.77%
AMRC	C	-1.51%
RNW	C	-1.26%
JKS	D	-1.15%
CSIQ	D	-1.13%
RENB	F	-1.03%
TPIC	D	-0.66%