MADE vs. XAR ETF Comparison

Comparison of iShares U.S. Manufacturing ETF (MADE) to SPDR S&P Aerospace & Defense ETF (XAR)

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

XAR

SPDR S&P Aerospace & Defense ETF

XAR Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the aerospace and defense segment of a U.S. total market composite index. In seeking to track the performance of the S&P Aerospace & Defense Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the aerospace and defense industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$170.55

Average Daily Volume

215,425

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MADE	XAR
30 Days	1.93%	2.34%
60 Days	4.58%	8.33%
90 Days	8.42%	10.41%
12 Months		34.43%

18 Overlapping Holdings

Symbol	Grade	Weight in MADE	Weight in XAR	Overlap
AXON	A	0.73%	6.87%	0.73%
BA	D	1.37%	3.8%	1.37%
BWXT	B	0.17%	4.37%	0.17%
CW	B	0.26%	5.03%	0.26%
GD	D	1.32%	4.14%	1.32%
HEI	A	0.19%	4.61%	0.19%
HII	F	0.13%	3.22%	0.13%
HWM	A	0.78%	5.12%	0.78%
KTOS	C	0.07%	1.47%	0.07%
LHX	B	0.8%	4.66%	0.8%
LMT	D	1.99%	4.08%	1.99%
MOG.A	B	0.11%	2.06%	0.11%
NOC	D	1.21%	4.15%	1.21%
RTX	D	2.7%	4.3%	2.7%
SPR	D	0.06%	3.92%	0.06%
TDG	D	1.25%	4.01%	1.25%
TXT	D	0.25%	4.23%	0.25%
WWD	B	0.17%	4.52%	0.17%

MADE Overweight 80 Positions Relative to XAR

Symbol	Grade	Weight
GM	B	4.6%
ETN	B	4.44%
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%
PH	B	3.1%
ROK	B	2.54%
DOV	B	2.25%
CARR	D	2.19%
FTV	C	2.12%
HUBB	B	1.96%
JCI	B	1.95%
TDY	B	1.85%
FSLR	F	1.55%
SNA	B	1.54%
COHR	B	1.29%
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%
FN	C	0.75%
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%
FSS	B	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%
SPXC	A	0.26%
CSWI	B	0.25%
LCII	C	0.25%
TRN	B	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%
ZWS	B	0.19%
AIN	C	0.17%
KBR	F	0.16%
MWA	B	0.15%
FELE	B	0.15%
SAIC	F	0.14%
LCID	F	0.13%
NPO	A	0.12%
FOXF	F	0.11%
PLUG	F	0.1%
ARRY	F	0.08%
SHLS	F	0.07%
SEDG	F	0.06%

MADE Underweight 12 Positions Relative to XAR

Symbol	Grade	Weight
RKLB	B	-5.41%
GE	D	-4.31%
AVAV	C	-3.68%
HXL	F	-3.65%
MRCY	C	-1.39%
TGI	A	-1.19%
AIR	B	-1.15%
ACHR	B	-1.04%
CDRE	F	-0.45%
DCO	B	-0.21%
NPK	C	-0.19%
ATRO	D	-0.18%

XAR: Top Represented Industries & Keywords

Industries: Aerospace & Defense Specialty Industrial Machinery Communication Equipment Computer Systems Diversified Industrials Security & Protection Services