MADE vs. HAP ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to Market Vectors Hard Assets Producers ETF (HAP)

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

$26.27

Average Daily Volume

6,141

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HAP

Market Vectors Hard Assets Producers ETF

HAP Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The RogersÃ¤-Van Eck Hard Assets Producers Index. The fund normally invests at least 80% of its total assets in equity securities, which may include depositary receipts, of U.S. and foreign hard asset producer companies. It may concentrate its investments in a particular industry or group of industries to the extent that the Hard Assets Producers Index concentrates in an industry or group of industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.68

Average Daily Volume

4,479

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	HAP
30 Days	4.04%	-2.55%
60 Days	6.40%	-1.26%
90 Days	10.30%	-1.25%
12 Months		8.46%

3 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in HAP	Overlap
DE	B	3.63%	5.05%	3.63%
FSLR	F	1.55%	0.61%	0.61%
TTC	C	0.7%	0.65%	0.65%

MADE Overweight 95 Positions Relative to HAP

Symbol	Grade	Weight
GM	C	4.6%
ETN	A	4.44%
PCAR	B	4.43%
APH	A	4.15%
HON	C	4.11%
CMI	A	3.93%
AME	A	3.63%
F	C	3.47%
TT	A	3.21%
PH	A	3.1%
RTX	D	2.7%
ROK	C	2.54%
DOV	A	2.25%
CARR	C	2.19%
FTV	C	2.12%
LMT	D	1.99%
HUBB	B	1.96%
JCI	B	1.95%
TDY	B	1.85%
SNA	A	1.54%
BA	F	1.37%
GD	D	1.32%
COHR	B	1.29%
TDG	D	1.25%
NOC	D	1.21%
SWK	D	1.09%
NVT	B	1.03%
LECO	C	0.98%
GNRC	C	0.93%
RRX	B	0.91%
AYI	B	0.83%
ALSN	B	0.83%
LHX	C	0.8%
HWM	A	0.78%
FN	C	0.75%
AXON	A	0.73%
LII	A	0.69%
ENPH	F	0.64%
PNR	A	0.61%
OSK	C	0.59%
RIVN	F	0.59%
MIDD	C	0.59%
IEX	C	0.59%
MKSI	C	0.58%
MSA	F	0.53%
LFUS	D	0.51%
GGG	B	0.51%
VNT	C	0.49%
THO	B	0.48%
LDOS	C	0.45%
FSS	B	0.45%
BC	C	0.44%
ITRI	C	0.44%
BDC	C	0.41%
AEIS	C	0.35%
AAON	B	0.34%
ENS	F	0.33%
HOG	D	0.31%
CR	A	0.31%
ESE	B	0.3%
AOS	F	0.3%
JBT	B	0.29%
CW	C	0.26%
SPXC	A	0.26%
CSWI	B	0.25%
LCII	C	0.25%
TRN	B	0.25%
TXT	D	0.25%
ATKR	D	0.24%
GTLS	A	0.24%
CXT	C	0.23%
BMI	B	0.23%
BE	B	0.22%
GT	C	0.22%
WTS	B	0.21%
HEI	A	0.19%
ZWS	B	0.19%
WWD	C	0.17%
BWXT	B	0.17%
AIN	C	0.17%
KBR	F	0.16%
MWA	B	0.15%
FELE	B	0.15%
SAIC	F	0.14%
LCID	F	0.13%
HII	F	0.13%
NPO	A	0.12%
MOG.A	B	0.11%
FOXF	F	0.11%
PLUG	F	0.1%
ARRY	F	0.08%
SHLS	F	0.07%
KTOS	B	0.07%
SEDG	F	0.06%
SPR	D	0.06%

MADE Underweight 54 Positions Relative to HAP

Symbol	Grade	Weight
CVX	A	-5.84%
XOM	B	-5.47%
NEE	C	-4.34%
BHP	F	-3.72%
CTVA	C	-2.83%
RIO	D	-2.15%
FCX	F	-1.7%
TTE	F	-1.56%
ADM	D	-1.47%
TSN	B	-1.42%
NEM	D	-1.4%
VALE	F	-1.28%
COP	C	-1.16%
CF	A	-1.07%
GOLD	C	-1.07%
NUE	C	-0.96%
INGR	C	-0.87%
BG	D	-0.85%
BP	D	-0.79%
CNH	C	-0.76%
MOS	F	-0.74%
STLD	B	-0.73%
DAR	C	-0.68%
PKX	D	-0.67%
WY	F	-0.65%
WMB	A	-0.61%
AGCO	D	-0.6%
RS	B	-0.59%
FMC	D	-0.58%
EOG	A	-0.56%
OKE	A	-0.56%
KMI	A	-0.5%
PSX	C	-0.5%
MPC	D	-0.49%
MT	B	-0.49%
LNG	A	-0.49%
SLB	C	-0.49%
GFI	D	-0.47%
FANG	C	-0.43%
E	F	-0.43%
HES	B	-0.43%
VLO	C	-0.42%
SUZ	B	-0.39%
EBR	F	-0.36%
X	B	-0.34%
LPX	B	-0.33%
OXY	D	-0.33%
UFPI	C	-0.32%
WFG	C	-0.29%
WDS	D	-0.29%
EQNR	C	-0.28%
RGLD	C	-0.27%
DVN	F	-0.24%
HAL	C	-0.2%