TECB vs. SPMV ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to Invesco S&P 500 Minimum Variance ETF (SPMV)

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.80

Average Daily Volume

19,806

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

SPMV

Invesco S&P 500 Minimum Variance ETF

SPMV Description

The investment seeks to track the investment results (before fees and expenses) of the S&P 500® Minimum Volatility Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is designed to measure the performance of a subset of constituent securities of the S&P 500 Index using a managed volatility equity strategy that seeks to achieve lower total volatility than the S&P 500 ® Index, while maintaining other similar characteristics of the S&P 500 ® Index.

Grade (RS Rating)

Last Trade

$47.62

Average Daily Volume

711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TECB	SPMV
30 Days	6.07%	1.14%
60 Days	7.19%	2.01%
90 Days	9.19%	4.46%
12 Months	37.00%	26.03%

14 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in SPMV	Overlap
AAPL	C	4.13%	2.9%	2.9%
ADBE	C	2.97%	2.1%	2.1%
AMZN	C	3.83%	3.25%	3.25%
CRM	B	4.64%	1.63%	1.63%
GILD	C	1.94%	0.09%	0.09%
INTU	C	1.12%	0.75%	0.75%
META	D	4.07%	0.33%	0.33%
MRK	F	2.72%	2.43%	2.43%
MSFT	F	3.47%	2.85%	2.85%
NOW	A	3.13%	1.76%	1.76%
NVDA	C	4.32%	3.54%	3.54%
ORCL	B	4.5%	2.17%	2.17%
QCOM	F	2.28%	2.79%	2.28%
REGN	F	1.37%	1.13%	1.13%

TECB Overweight 150 Positions Relative to SPMV

Symbol	Grade	Weight
NFLX	A	4.98%
GOOGL	C	3.42%
PANW	C	3.41%
V	A	2.96%
AMD	F	2.91%
MA	C	2.59%
ISRG	A	2.56%
TXN	C	2.38%
CRWD	B	2.17%
FTNT	C	1.59%
ADI	D	1.39%
INTC	D	1.37%
MELI	D	1.35%
EQIX	A	1.28%
MSTR	C	0.92%
ADSK	A	0.89%
DLR	B	0.88%
FI	A	0.77%
SNOW	C	0.77%
TEAM	A	0.59%
AME	A	0.59%
PYPL	B	0.54%
HPQ	B	0.54%
IRM	D	0.51%
BAH	F	0.51%
HUBS	A	0.51%
ZS	C	0.5%
MCHP	D	0.46%
EBAY	D	0.45%
CPNG	D	0.41%
ANSS	B	0.4%
NTAP	C	0.38%
AKAM	D	0.37%
GDDY	A	0.36%
COIN	C	0.34%
MDB	C	0.33%
OKTA	C	0.32%
SQ	B	0.31%
WDC	D	0.31%
JNPR	F	0.3%
FIS	C	0.29%
CACI	D	0.28%
INCY	C	0.27%
NTNX	A	0.25%
TWLO	A	0.24%
PINS	D	0.23%
PSTG	D	0.23%
MRNA	F	0.22%
S	B	0.2%
GPN	B	0.18%
SAIC	F	0.17%
SRPT	D	0.17%
EXEL	B	0.17%
CPAY	A	0.16%
BR	A	0.16%
QLYS	C	0.15%
SNAP	C	0.15%
RVMD	C	0.14%
VRNS	D	0.14%
TENB	C	0.13%
CVLT	B	0.11%
GTLB	B	0.11%
DBX	B	0.1%
TOST	B	0.1%
SSNC	B	0.1%
GWRE	A	0.1%
AFRM	B	0.1%
LUMN	C	0.1%
BPMC	C	0.1%
CFLT	B	0.1%
PARA	C	0.09%
ETSY	D	0.09%
CGNX	C	0.09%
SOFI	A	0.09%
LSCC	D	0.09%
TW	A	0.09%
JKHY	D	0.08%
ALTR	B	0.08%
ALRM	C	0.08%
BSY	D	0.08%
RPD	C	0.07%
BILL	A	0.06%
MKTX	D	0.06%
ACLX	C	0.06%
WEX	D	0.05%
CALX	D	0.05%
INFA	D	0.05%
PEGA	A	0.05%
YOU	D	0.05%
AI	B	0.05%
LGND	B	0.04%
QTWO	A	0.04%
PTON	B	0.04%
OMF	A	0.04%
FRSH	C	0.04%
FOUR	B	0.04%
TWST	D	0.04%
SWTX	C	0.04%
TDC	D	0.04%
SLAB	D	0.04%
PRGS	A	0.04%
BCRX	D	0.03%
AVPT	A	0.03%
EEFT	B	0.03%
DVAX	C	0.03%
WK	B	0.03%
CCCS	B	0.03%
BEAM	D	0.03%
IOVA	F	0.03%
ATEN	B	0.03%
DOCN	D	0.03%
UPST	B	0.03%
ACIW	B	0.03%
GERN	D	0.03%
PAR	B	0.02%
SYM	C	0.02%
VERX	B	0.02%
FLYW	C	0.02%
MTTR	B	0.02%
NVAX	F	0.02%
BL	B	0.02%
VIRT	B	0.02%
NCNO	B	0.02%
ZUO	B	0.02%
SIRI	C	0.02%
CWAN	B	0.02%
APPN	B	0.02%
NTLA	F	0.02%
INTA	A	0.02%
XNCR	B	0.02%
DDD	C	0.01%
ARCT	F	0.01%
MQ	F	0.01%
BMBL	C	0.01%
DFIN	D	0.01%
AVDX	B	0.01%
VIR	D	0.01%
RCUS	F	0.01%
BASE	C	0.01%
ALKT	B	0.01%
PRLB	A	0.01%
CXM	C	0.01%
FSLY	D	0.01%
VMEO	B	0.01%
PAYO	A	0.01%
ENVA	B	0.01%
WRLD	C	0.0%
LPRO	C	0.0%
RPAY	D	0.0%
DNA	F	0.0%

TECB Underweight 61 Positions Relative to SPMV

Symbol	Grade	Weight
GEV	B	-3.53%
TMUS	B	-3.38%
CSCO	B	-3.34%
AON	A	-3.09%
BRK.A	B	-2.92%
ABT	B	-2.79%
MMC	B	-2.74%
PG	A	-2.72%
AJG	B	-2.63%
CB	C	-2.58%
MDLZ	F	-2.5%
VRTX	F	-2.42%
HD	A	-2.22%
AVGO	D	-2.12%
AMT	D	-1.76%
VRSK	A	-1.69%
ZTS	D	-1.64%
PGR	A	-1.61%
NEE	D	-1.59%
GIS	D	-1.49%
SRE	A	-1.49%
DUK	C	-1.3%
JNJ	D	-1.18%
HSY	F	-1.05%
PFE	D	-1.02%
TRV	B	-0.98%
AEE	A	-0.97%
TDY	B	-0.94%
VZ	C	-0.93%
AEP	D	-0.91%
BRO	B	-0.81%
MKC	D	-0.75%
CCI	D	-0.7%
XOM	B	-0.68%
LLY	F	-0.67%
RTX	C	-0.65%
JPM	A	-0.61%
GOOG	C	-0.58%
RSG	A	-0.54%
IBM	C	-0.53%
TJX	A	-0.5%
SO	D	-0.47%
ELV	F	-0.46%
NEM	D	-0.44%
TSN	B	-0.42%
HRL	D	-0.38%
IDXX	F	-0.37%
AMGN	D	-0.32%
BIIB	F	-0.31%
ACN	C	-0.31%
KHC	F	-0.29%
T	A	-0.28%
ADM	D	-0.25%
AIG	B	-0.25%
PCG	A	-0.24%
ACGL	D	-0.23%
CVS	D	-0.22%
XEL	A	-0.19%
TRMB	B	-0.1%
GD	F	-0.06%
BA	F	-0.04%