QUAL vs. NTZG ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to Nuveen Global Net Zero Transition ETF (NTZG)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$179.21

Average Daily Volume

931,872

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

NTZG

Nuveen Global Net Zero Transition ETF

NTZG Description

The fund is an actively-managed ETF that seeks to provide capital appreciation and, under normal market conditions, invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of companies that the sub-adviser believes will have a positive impact on the carbon economy through their current and/or planned efforts to reduce global greenhouse gas emissions, which, in turn, will contribute to the overall transition to a net zero economy.

Grade (RS Rating)

Last Trade

$33.16

Average Daily Volume

111

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	NTZG
30 Days	3.47%	2.71%
60 Days	10.52%	10.08%
90 Days	3.68%	1.07%
12 Months	37.76%	25.05%

10 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in NTZG	Overlap
AAPL	C	5.53%	1.14%	1.14%
COST	C	2.5%	1.99%	1.99%
GOOGL	B	1.69%	3.23%	1.69%
LIN	C	1.22%	2.4%	1.22%
MA	A	4.01%	1.8%	1.8%
MANH	A	0.2%	1.51%	0.2%
MSFT	D	4.66%	4.17%	4.17%
NKE	D	1.64%	0.64%	0.64%
PLD	D	0.79%	1.33%	0.79%
SLB	D	0.88%	0.7%	0.7%

QUAL Overweight 113 Positions Relative to NTZG

Symbol	Grade	Weight
NVDA	B	5.94%
META	A	4.2%
LLY	D	4.04%
V	B	4.01%
UNH	B	2.77%
JNJ	D	2.26%
TJX	D	1.99%
ADBE	F	1.81%
KO	C	1.67%
ACN	B	1.66%
COP	D	1.62%
ADP	A	1.61%
CSCO	A	1.61%
NFLX	A	1.52%
GOOG	B	1.48%
CAT	A	1.43%
AMAT	C	1.42%
TXN	C	1.4%
CMG	C	1.24%
QCOM	D	1.23%
PEP	F	1.19%
LMT	A	1.18%
KLAC	B	0.98%
BLK	A	0.9%
LRCX	D	0.86%
SRE	C	0.84%
DHI	C	0.83%
MMC	D	0.75%
ANET	A	0.74%
ITW	C	0.71%
PEG	A	0.69%
VRTX	D	0.62%
PSA	C	0.59%
SHW	C	0.58%
LULU	D	0.58%
CTAS	C	0.57%
ZTS	C	0.57%
NVR	C	0.56%
CDNS	D	0.55%
MMM	C	0.54%
MCO	D	0.54%
ED	C	0.54%
GWW	B	0.52%
SNPS	F	0.5%
CME	A	0.5%
PHM	C	0.48%
PAYX	B	0.46%
APH	D	0.46%
DECK	B	0.45%
TSCO	A	0.45%
GRMN	D	0.41%
AFL	A	0.41%
TPL	A	0.38%
ATO	A	0.38%
FAST	C	0.37%
IDXX	D	0.36%
ULTA	D	0.35%
WSM	C	0.34%
APD	C	0.33%
CBRE	C	0.33%
BBY	C	0.32%
ODFL	F	0.31%
MPWR	B	0.29%
ACGL	A	0.29%
CSGP	F	0.28%
FERG	F	0.28%
AMP	A	0.27%
AVB	C	0.24%
EW	F	0.24%
POOL	D	0.23%
A	B	0.23%
NTAP	D	0.22%
VLTO	A	0.22%
APA	F	0.21%
ROK	D	0.21%
MNST	D	0.21%
EQT	C	0.19%
TROW	D	0.18%
RMD	C	0.18%
EA	D	0.18%
EQR	C	0.18%
HSY	D	0.17%
VEEV	C	0.16%
PPG	D	0.16%
KEYS	B	0.16%
SMCI	F	0.14%
EME	B	0.14%
CBOE	B	0.14%
LPLA	D	0.13%
EXPD	D	0.13%
WAT	B	0.13%
FDS	C	0.12%
ROL	C	0.12%
WST	D	0.12%
GGG	C	0.11%
OMC	C	0.11%
MOH	F	0.11%
ENPH	F	0.11%
WSO	C	0.11%
ERIE	A	0.11%
JKHY	A	0.1%
AVY	D	0.09%
PKG	B	0.09%
AOS	C	0.08%
UTHR	C	0.08%
RS	D	0.08%
MKTX	B	0.07%
IPG	D	0.06%
SEIC	B	0.06%
AFG	A	0.06%
PAYC	D	0.06%
SOLV	C	0.05%
WBA	F	0.03%

QUAL Underweight 30 Positions Relative to NTZG

Symbol	Grade	Weight
AMZN	C	-4.93%
WMT	A	-2.55%
TT	A	-2.34%
PWR	A	-1.9%
JPM	C	-1.8%
LNG	A	-1.61%
CI	D	-1.54%
PGR	B	-1.53%
TM	D	-1.52%
SYK	C	-1.47%
FLS	A	-1.37%
NOW	B	-1.29%
SO	A	-1.29%
PG	D	-1.25%
DIS	D	-1.24%
NEE	C	-1.22%
MCD	A	-1.18%
ABNB	D	-1.13%
XOM	A	-1.12%
WFC	B	-1.11%
FI	A	-1.1%
CNC	F	-1.05%
OXY	D	-1.01%
MRK	F	-1.0%
PCOR	D	-0.97%
SBUX	B	-0.91%
UNP	F	-0.88%
CTVA	A	-0.65%
KHC	F	-0.6%
INTC	D	-0.58%