MADE vs. RSHO ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to Tema American Reshoring ETF (RSHO)

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

$26.34

Average Daily Volume

6,040

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RSHO

Tema American Reshoring ETF

RSHO Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$40.59

Average Daily Volume

26,895

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	RSHO
30 Days	1.93%	3.80%
60 Days	4.58%	6.83%
90 Days	8.42%	10.44%
12 Months		38.34%

4 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in RSHO	Overlap
ETN	B	4.44%	5.4%	4.44%
FSS	B	0.45%	3.22%	0.45%
PH	B	3.1%	3.85%	3.1%
ROK	B	2.54%	5.16%	2.54%

MADE Overweight 94 Positions Relative to RSHO

Symbol	Grade	Weight
GM	B	4.6%
PCAR	C	4.43%
APH	B	4.15%
HON	B	4.11%
CMI	A	3.93%
AME	A	3.63%
DE	C	3.63%
F	C	3.47%
TT	A	3.21%
RTX	D	2.7%
DOV	B	2.25%
CARR	D	2.19%
FTV	C	2.12%
LMT	D	1.99%
HUBB	B	1.96%
JCI	B	1.95%
TDY	B	1.85%
FSLR	F	1.55%
SNA	B	1.54%
BA	D	1.37%
GD	D	1.32%
COHR	B	1.29%
TDG	D	1.25%
NOC	D	1.21%
SWK	F	1.09%
NVT	C	1.03%
LECO	C	0.98%
GNRC	B	0.93%
RRX	B	0.91%
AYI	B	0.83%
ALSN	B	0.83%
LHX	B	0.8%
HWM	A	0.78%
FN	C	0.75%
AXON	A	0.73%
TTC	F	0.7%
LII	A	0.69%
ENPH	F	0.64%
PNR	B	0.61%
OSK	C	0.59%
RIVN	F	0.59%
MIDD	D	0.59%
IEX	B	0.59%
MKSI	C	0.58%
MSA	D	0.53%
LFUS	D	0.51%
GGG	B	0.51%
VNT	C	0.49%
THO	C	0.48%
LDOS	C	0.45%
BC	F	0.44%
ITRI	B	0.44%
BDC	B	0.41%
AEIS	B	0.35%
AAON	B	0.34%
ENS	D	0.33%
HOG	F	0.31%
CR	A	0.31%
ESE	B	0.3%
AOS	F	0.3%
JBT	A	0.29%
CW	B	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	A	0.22%
GT	C	0.22%
WTS	B	0.21%
HEI	A	0.19%
ZWS	B	0.19%
WWD	B	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	C	0.07%
SEDG	F	0.06%
SPR	D	0.06%

MADE Underweight 21 Positions Relative to RSHO

Symbol	Grade	Weight
AIT	B	-6.45%
PRIM	A	-5.22%
CLH	C	-4.7%
IR	B	-4.5%
FAST	B	-4.4%
VMC	B	-3.85%
FLR	B	-3.43%
CAT	C	-3.26%
HRI	C	-3.14%
WCC	B	-2.92%
EMR	A	-2.87%
ABBV	F	-2.87%
ATI	C	-2.86%
LIN	D	-2.75%
DHR	D	-2.4%
ALLE	D	-2.4%
UNP	D	-2.2%
APG	C	-2.04%
TEX	D	-2.0%
TKR	F	-1.81%
TSM	C	-1.34%