MADE vs. IPDP ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to Dividend Performers ETF (IPDP)

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

$25.88

Average Daily Volume

5,616

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IPDP

Dividend Performers ETF

IPDP Description

The investment seeks to provide income; the secondary objective is capital appreciation. The fund’s investment strategy is twofold: (1) investing in dividend paying U.S. equity securities, and (2) credit spread options on an S&P 500 ETF or Index. It may also invest in equity real estate investment trusts (“REITs”). A credit spread is an options strategy that involves the purchase of one option and a sale of another option in the same class and with the same expiration but different strike prices.

Grade (RS Rating)

Last Trade

$20.32

Average Daily Volume

1,329

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	IPDP
30 Days	1.48%	0.84%
60 Days	4.32%	4.65%
90 Days	9.24%	8.24%
12 Months		31.53%

9 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in IPDP	Overlap
AOS	F	0.3%	1.74%	0.3%
APH	B	4.15%	2.17%	2.17%
DOV	B	2.25%	2.2%	2.2%
ETN	B	4.44%	2.22%	2.22%
IEX	B	0.59%	2.14%	0.59%
LECO	C	0.98%	1.87%	0.98%
SNA	A	1.54%	2.31%	1.54%
TT	A	3.21%	2.31%	2.31%
WTS	A	0.21%	1.99%	0.21%

MADE Overweight 89 Positions Relative to IPDP

Symbol	Grade	Weight
GM	B	4.6%
PCAR	B	4.43%
HON	A	4.11%
CMI	A	3.93%
AME	A	3.63%
DE	C	3.63%
F	C	3.47%
PH	B	3.1%
RTX	D	2.7%
ROK	B	2.54%
CARR	D	2.19%
FTV	D	2.12%
LMT	D	1.99%
HUBB	B	1.96%
JCI	A	1.95%
TDY	B	1.85%
FSLR	D	1.55%
BA	F	1.37%
GD	D	1.32%
COHR	C	1.29%
TDG	D	1.25%
NOC	D	1.21%
SWK	F	1.09%
NVT	C	1.03%
GNRC	B	0.93%
RRX	B	0.91%
AYI	B	0.83%
ALSN	A	0.83%
LHX	B	0.8%
HWM	A	0.78%
FN	C	0.75%
AXON	A	0.73%
TTC	D	0.7%
LII	A	0.69%
ENPH	F	0.64%
PNR	A	0.61%
OSK	B	0.59%
RIVN	F	0.59%
MIDD	C	0.59%
MKSI	C	0.58%
MSA	D	0.53%
LFUS	D	0.51%
GGG	A	0.51%
VNT	C	0.49%
THO	B	0.48%
LDOS	C	0.45%
FSS	B	0.45%
BC	D	0.44%
ITRI	B	0.44%
BDC	B	0.41%
AEIS	B	0.35%
AAON	B	0.34%
ENS	D	0.33%
HOG	D	0.31%
CR	B	0.31%
ESE	A	0.3%
JBT	A	0.29%
CW	B	0.26%
SPXC	B	0.26%
CSWI	A	0.25%
LCII	D	0.25%
TRN	A	0.25%
TXT	D	0.25%
ATKR	C	0.24%
GTLS	A	0.24%
CXT	D	0.23%
BMI	C	0.23%
BE	B	0.22%
GT	C	0.22%
HEI	A	0.19%
ZWS	B	0.19%
WWD	B	0.17%
BWXT	A	0.17%
AIN	C	0.17%
KBR	D	0.16%
MWA	B	0.15%
FELE	B	0.15%
SAIC	D	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	D	0.08%
SHLS	F	0.07%
KTOS	C	0.07%
SEDG	F	0.06%
SPR	D	0.06%

MADE Underweight 41 Positions Relative to IPDP

Symbol	Grade	Weight
CAH	A	-2.37%
ACN	C	-2.36%
AIT	A	-2.34%
SYK	A	-2.33%
AMP	A	-2.32%
CSCO	B	-2.32%
HNI	B	-2.3%
GWW	B	-2.29%
ADP	B	-2.29%
COR	B	-2.28%
SEIC	A	-2.28%
HIG	A	-2.27%
TRV	A	-2.27%
CTAS	B	-2.27%
BRO	B	-2.27%
MCK	A	-2.26%
APOG	B	-2.26%
BRC	C	-2.25%
AAPL	C	-2.25%
ABM	B	-2.24%
UNH	B	-2.23%
ABT	A	-2.23%
RGA	A	-2.2%
ECL	D	-2.16%
MMC	C	-2.16%
DCI	B	-2.09%
TROW	A	-2.04%
JNJ	D	-2.02%
UPS	C	-1.88%
A	F	-1.78%
MSI	A	-1.72%
KLAC	F	-1.68%
GPC	D	-1.67%
QCOM	F	-1.6%
MRK	F	-1.52%
NSP	F	-1.52%
ELV	F	-1.51%
AVGO	C	-0.25%
HD	A	-0.24%
HPQ	A	-0.23%
CSX	B	-0.22%