VGT vs. IETC ETF Comparison

Comparison of Vanguard Information Tech ETF - DNQ (VGT) to iShares Evolved U.S. Technology ETF (IETC)

VGT

Vanguard Information Tech ETF - DNQ

VGT Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Information Technology 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the information technology sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$585.04

Average Daily Volume

460,116

Number of Holdings ^*

300

* may have additional holdings in another (foreign) market

IETC

iShares Evolved U.S. Technology ETF

IETC Description

The investment seeks to provide access to U.S. companies with technology exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization technology companies. It will hold common stock of those companies that fall into the Technology Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$78.95

Average Daily Volume

16,529

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	VGT	IETC
30 Days	7.02%	7.72%
60 Days	13.70%	15.42%
90 Days	-1.67%	2.42%
12 Months	41.66%	48.78%

62 Overlapping Holdings

Symbol	Grade	Weight in VGT	Weight in IETC	Overlap
AAPL	C	16.23%	2.39%	2.39%
ACN	B	1.42%	5.28%	1.42%
ADBE	F	1.72%	1.15%	1.15%
ADSK	B	0.42%	0.63%	0.42%
AKAM	D	0.16%	0.16%	0.16%
AMD	C	1.59%	0.83%	0.83%
ANET	A	0.66%	0.58%	0.58%
ANSS	D	0.24%	0.37%	0.24%
APPN	C	0.03%	0.04%	0.03%
AVGO	B	4.44%	9.75%	4.44%
BILL	D	0.11%	0.03%	0.03%
BSY	D	0.12%	0.17%	0.12%
CDNS	D	0.52%	1.65%	0.52%
CDW	D	0.26%	0.72%	0.26%
CFLT	F	0.1%	0.06%	0.06%
CRM	B	1.62%	5.36%	1.62%
CRWD	D	0.47%	0.42%	0.42%
CSCO	A	1.36%	2.36%	1.36%
DDOG	B	0.27%	0.14%	0.14%
DELL	C	0.27%	0.06%	0.06%
DOCN	B	0.06%	0.05%	0.05%
DXC	C	0.09%	0.04%	0.04%
ENPH	F	0.17%	0.04%	0.04%
FTNT	A	0.38%	0.19%	0.19%
GDDY	B	0.22%	0.01%	0.01%
GLW	C	0.28%	0.03%	0.03%
HUBS	D	0.22%	0.11%	0.11%
IBM	A	1.23%	2.35%	1.23%
INTU	F	1.17%	0.06%	0.06%
IT	A	0.31%	0.59%	0.31%
JNPR	C	0.15%	0.06%	0.06%
KEYS	B	0.24%	0.18%	0.18%
KLAC	B	0.76%	0.21%	0.21%
LRCX	D	0.74%	0.18%	0.18%
MANH	A	0.17%	1.28%	0.17%
MPWR	B	0.35%	0.85%	0.35%
MSFT	D	13.92%	8.9%	8.9%
MSI	A	0.53%	2.15%	0.53%
MSTR	B	0.2%	0.14%	0.14%
MU	D	0.73%	0.43%	0.43%
NOW	B	1.17%	1.77%	1.17%
NSIT	B	0.11%	0.13%	0.11%
NTAP	D	0.22%	1.03%	0.22%
NVDA	B	14.07%	6.13%	6.13%
ORCL	A	1.55%	4.16%	1.55%
PLTR	A	0.46%	0.36%	0.36%
QCOM	D	1.3%	1.4%	1.3%
QLYS	F	0.1%	0.15%	0.1%
QRVO	F	0.14%	0.1%	0.1%
SLAB	D	0.09%	0.07%	0.07%
SMAR	A	0.1%	0.01%	0.01%
SMCI	F	0.19%	0.07%	0.07%
SNOW	F	0.27%	0.37%	0.27%
SNPS	F	0.56%	0.18%	0.18%
TDY	A	0.2%	0.05%	0.05%
TEAM	D	0.24%	0.54%	0.24%
TER	C	0.2%	0.13%	0.13%
TXN	C	1.3%	0.3%	0.3%
TYL	D	0.22%	0.58%	0.22%
VRSN	C	0.17%	1.16%	0.17%
WDAY	D	0.42%	0.87%	0.42%
ZM	B	0.19%	0.49%	0.19%

VGT Overweight 238 Positions Relative to IETC

Symbol	Grade	Weight
AMAT	C	1.1%
ADI	B	0.8%
PANW	B	0.8%
INTC	D	0.66%
APH	D	0.57%
MRVL	C	0.49%
NXPI	F	0.48%
ROP	D	0.44%
TEL	D	0.36%
MCHP	F	0.34%
FICO	C	0.33%
CTSH	B	0.31%
HPQ	B	0.29%
ON	F	0.28%
HPE	B	0.23%
NET	D	0.22%
MDB	D	0.21%
FSLR	C	0.21%
WDC	C	0.2%
PTC	B	0.2%
STX	C	0.19%
APP	A	0.19%
NTNX	C	0.18%
ZBRA	B	0.18%
ENTG	D	0.18%
SWKS	F	0.18%
ZS	F	0.18%
DT	B	0.16%
GEN	A	0.16%
FLEX	B	0.15%
TRMB	B	0.15%
PSTG	F	0.15%
EPAM	F	0.14%
COHR	B	0.14%
GWRE	A	0.14%
FFIV	B	0.14%
DOCU	A	0.14%
JBL	C	0.14%
SNX	C	0.13%
TWLO	B	0.13%
OKTA	F	0.13%
ONTO	B	0.13%
FN	B	0.12%
MKSI	F	0.12%
CRUS	D	0.12%
IOT	C	0.12%
CIEN	A	0.12%
OLED	B	0.12%
LSCC	D	0.11%
VRNS	B	0.11%
BOX	C	0.11%
BMI	A	0.11%
PATH	D	0.11%
ZETA	B	0.11%
MTSI	B	0.11%
DBX	C	0.11%
NOVT	C	0.11%
LFUS	C	0.11%
CVLT	B	0.11%
CGNX	F	0.11%
ARW	C	0.11%
SPSC	D	0.11%
QTWO	B	0.1%
TENB	D	0.1%
BDC	A	0.1%
MARA	F	0.1%
HCP	A	0.1%
ASGN	D	0.1%
AVT	B	0.1%
GTLB	D	0.1%
ITRI	C	0.1%
APPF	C	0.1%
VNT	F	0.1%
KD	D	0.1%
ALTR	B	0.1%
CRDO	B	0.1%
ACIW	A	0.1%
PCOR	D	0.1%
S	C	0.1%
ACLS	F	0.09%
BLKB	C	0.09%
ESTC	F	0.09%
IDCC	A	0.09%
PLXS	A	0.09%
FORM	D	0.09%
WK	D	0.09%
AMKR	F	0.09%
AEIS	B	0.09%
SANM	D	0.09%
AUR	C	0.09%
U	D	0.09%
DLB	D	0.09%
CWAN	B	0.09%
LITE	A	0.09%
POWI	F	0.09%
RMBS	F	0.09%
PI	A	0.09%
PEGA	B	0.08%
DIOD	F	0.08%
SYNA	F	0.08%
BRZE	F	0.07%
BL	D	0.07%
PRFT	A	0.07%
SITM	A	0.07%
TDC	D	0.07%
ENV	C	0.07%
AGYS	D	0.07%
SMTC	C	0.07%
ALRM	F	0.07%
CXT	F	0.07%
SQSP	A	0.07%
DV	F	0.07%
ALGM	F	0.07%
CALX	C	0.06%
VSH	F	0.06%
AMBA	C	0.06%
RPD	D	0.06%
INTA	C	0.06%
FIVN	F	0.06%
OSIS	C	0.06%
KLIC	D	0.06%
RNG	F	0.06%
CLSK	F	0.06%
PRGS	A	0.06%
YOU	C	0.06%
AI	D	0.06%
FROG	F	0.06%
NCNO	F	0.06%
PLUS	B	0.06%
PD	F	0.05%
ROG	D	0.05%
PAR	D	0.05%
VYX	C	0.05%
VIAV	C	0.05%
VRNT	F	0.05%
ALKT	D	0.05%
TTMI	D	0.05%
VECO	F	0.05%
IPGP	D	0.05%
EXTR	D	0.05%
FRSH	F	0.05%
MIR	B	0.05%
VERX	B	0.05%
RIOT	F	0.05%
CTS	B	0.04%
BHE	C	0.04%
NTCT	C	0.04%
SPT	F	0.04%
INFA	D	0.04%
HLIT	D	0.04%
PLAB	D	0.04%
KN	B	0.04%
UCTT	D	0.04%
NSSC	F	0.04%
RAMP	F	0.04%
AOSL	D	0.03%
ATEN	B	0.03%
ICHR	D	0.03%
CXM	F	0.03%
DGII	B	0.03%
WULF	C	0.03%
SGH	D	0.03%
ARLO	F	0.03%
ZUO	F	0.03%
JAMF	F	0.03%
SCSC	D	0.03%
MXL	D	0.03%
ASAN	F	0.03%
WOLF	F	0.03%
COHU	F	0.03%
VSAT	F	0.03%
PWSC	C	0.03%
INFN	C	0.03%
XRX	D	0.03%
SOUN	F	0.03%
SEDG	F	0.03%
BELFB	A	0.02%
SWI	B	0.02%
HCKT	D	0.02%
IBUY	A	0.02%
INDI	F	0.02%
ETWO	F	0.02%
CIFR	C	0.02%
BLND	C	0.02%
FSLY	D	0.02%
BASE	F	0.02%
GDYN	B	0.02%
PRO	F	0.02%
COMM	C	0.02%
ACMR	D	0.02%
NABL	F	0.02%
CNXN	C	0.02%
PDFS	F	0.02%
TCX	F	0.01%
EGHT	D	0.01%
DOMO	F	0.01%
APPS	F	0.01%
CRSR	D	0.01%
RBBN	C	0.01%
NNBR	C	0.01%
VPG	F	0.01%
ENFN	C	0.01%
FARO	D	0.01%
MEI	D	0.01%
LWLG	F	0.01%
AMSWA	C	0.01%
UIS	C	0.01%
APLD	C	0.01%
BIGC	F	0.01%
WEAV	B	0.01%
SEMR	C	0.01%
AEHR	F	0.01%
MITK	F	0.01%
CCSI	C	0.01%
NTGR	C	0.01%
CLFD	D	0.01%
DMRC	D	0.01%
KE	F	0.01%
TWKS	C	0.01%
MLNK	F	0.01%
OLO	F	0.01%
LASR	F	0.01%
YEXT	B	0.01%
OSPN	D	0.01%
CEVA	B	0.01%
LPSN	D	0.0%
RMNI	F	0.0%
MASS	F	0.0%
SCWX	C	0.0%
EXFY	F	0.0%
LAW	D	0.0%
CRNC	F	0.0%
RXT	C	0.0%
ONTF	F	0.0%
MX	F	0.0%
BELFA	C	0.0%
MVIS	D	0.0%
TLS	D	0.0%

VGT Underweight 62 Positions Relative to IETC

Symbol	Grade	Weight
AMZN	C	-9.07%
GOOGL	B	-2.15%
GOOG	B	-1.83%
META	A	-1.75%
ICE	A	-1.61%
GPN	F	-0.93%
PH	A	-0.89%
MA	A	-0.88%
SPGI	C	-0.74%
EQIX	C	-0.72%
SSNC	C	-0.71%
ABNB	D	-0.63%
VRSK	D	-0.58%
FDS	C	-0.57%
TTD	A	-0.54%
LMT	A	-0.44%
CSGP	F	-0.37%
MCO	D	-0.34%
COIN	F	-0.32%
CPAY	A	-0.28%
G	A	-0.27%
UBER	C	-0.25%
TTEK	A	-0.25%
BAH	C	-0.21%
SQ	D	-0.19%
TRU	C	-0.18%
MMC	D	-0.18%
IRM	B	-0.17%
DASH	A	-0.17%
PINS	D	-0.16%
IQV	F	-0.15%
OMC	C	-0.15%
CACI	A	-0.15%
JKHY	A	-0.14%
EA	D	-0.11%
IPG	D	-0.11%
MSCI	B	-0.11%
VEEV	C	-0.1%
AON	A	-0.1%
SLB	D	-0.09%
VRT	B	-0.08%
NDAQ	C	-0.08%
SNAP	D	-0.07%
CBOE	B	-0.07%
BBY	C	-0.07%
ROK	D	-0.07%
HOOD	B	-0.07%
FBIN	C	-0.07%
SAIC	A	-0.06%
CPNG	C	-0.06%
ADP	A	-0.06%
LPLA	D	-0.05%
ILMN	B	-0.05%
MMS	C	-0.05%
CL	D	-0.04%
XYL	C	-0.03%
ZI	F	-0.02%
RIVN	F	-0.01%
TOST	B	-0.01%
GRAL	F	-0.0%
ALGN	D	-0.0%
FTV	C	-0.0%

VGT: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Telecom Services Capital Markets Business Services Computer Systems Internet Content & Information Semiconductor Memory Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials

IETC: Top Represented Industries & Keywords

Industries: Software - Application Business Services Software - Infrastructure Information Technology Services Semiconductors Internet Content & Information Capital Markets Semiconductor Equipment & Materials Communication Equipment Diagnostics & Research Diversified Industrials Financial Data & Stock Exchanges Scientific & Technical Instruments Advertising Agencies Computer Systems Insurance Brokers Internet Content & Information Specialty Retail Aerospace & Defense Auto Manufacturers