VLUE vs. IEDI ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to iShares Evolved U.S. Discretionary Spending ETF (IEDI)

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund 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 MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending 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 discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.57

Average Daily Volume

6,281

Number of Holdings ^*

176

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	IEDI
30 Days	4.45%	5.48%
60 Days	5.68%	5.47%
90 Days	7.63%	8.72%
12 Months	25.66%	34.08%

13 Overlapping Holdings

Symbol	Grade	Weight in VLUE	Weight in IEDI	Overlap
ACI	C	0.12%	0.15%	0.12%
BBY	D	0.38%	0.34%	0.34%
CAG	D	0.23%	0.06%	0.06%
EXPE	B	0.48%	0.25%	0.25%
FDX	B	1.18%	0.11%	0.11%
GEN	B	0.42%	0.06%	0.06%
HST	C	0.23%	0.15%	0.15%
KR	B	0.75%	0.8%	0.75%
LUV	C	0.12%	0.11%	0.11%
SJM	D	0.22%	0.08%	0.08%
TSN	B	0.44%	0.18%	0.18%
UHAL	D	0.11%	0.07%	0.07%
WBA	F	0.22%	0.05%	0.05%

VLUE Overweight 135 Positions Relative to IEDI

Symbol	Grade	Weight
CSCO	B	6.43%
T	A	6.04%
IBM	C	3.86%
INTC	D	3.65%
GM	B	3.6%
VZ	C	2.91%
AMAT	F	2.37%
BAC	A	2.25%
PFE	D	2.07%
WFC	A	1.92%
C	A	1.78%
RTX	C	1.77%
F	C	1.68%
BMY	B	1.55%
LEN	D	1.49%
CVS	D	1.46%
MO	A	1.45%
GS	A	1.43%
DHI	D	1.4%
HPE	B	1.4%
CI	F	1.37%
GILD	C	1.29%
SPG	B	1.26%
HPQ	B	1.19%
NXPI	D	1.12%
GLW	B	1.1%
CTSH	B	1.1%
TEL	B	1.02%
ELV	F	0.97%
PHM	D	0.94%
DELL	C	0.84%
VLO	C	0.78%
URI	B	0.77%
PCAR	B	0.76%
KHC	F	0.74%
WBD	C	0.7%
ON	D	0.67%
COF	B	0.66%
ADM	D	0.65%
PCG	A	0.63%
JCI	C	0.61%
FANG	D	0.6%
CMI	A	0.6%
CNC	D	0.57%
WY	D	0.55%
TFC	A	0.54%
LHX	C	0.53%
NTAP	C	0.52%
AIG	B	0.5%
USB	A	0.48%
D	C	0.47%
ZM	B	0.47%
BK	A	0.47%
MET	A	0.46%
SWKS	F	0.46%
VST	B	0.45%
VTRS	A	0.45%
PRU	A	0.45%
NUE	C	0.45%
MRO	B	0.44%
FSLR	F	0.38%
TAP	C	0.38%
FFIV	B	0.37%
BLDR	D	0.36%
OC	A	0.36%
CTRA	B	0.35%
TWLO	A	0.34%
FOXA	B	0.33%
OVV	B	0.33%
JNPR	F	0.33%
WAB	B	0.32%
PPL	B	0.32%
JBL	B	0.31%
MTB	A	0.31%
EQT	B	0.28%
PARA	C	0.27%
EVRG	A	0.27%
STLD	B	0.27%
CFG	B	0.26%
STT	A	0.26%
SSNC	B	0.25%
DAL	C	0.25%
LKQ	D	0.24%
SYF	B	0.24%
LH	C	0.24%
TXT	D	0.24%
UTHR	C	0.23%
ATO	A	0.23%
AZPN	A	0.23%
SNA	A	0.23%
DOW	F	0.23%
LYB	F	0.22%
ES	D	0.22%
HIG	B	0.22%
FITB	A	0.21%
GPN	B	0.21%
BG	F	0.2%
EXE	B	0.2%
RF	A	0.2%
LDOS	C	0.19%
IP	B	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	B	0.19%
FOX	A	0.18%
UHS	D	0.18%
QRVO	F	0.18%
EG	C	0.17%
MOS	F	0.17%
CNH	C	0.17%
HBAN	A	0.17%
CF	B	0.16%
DINO	D	0.16%
APA	D	0.15%
AKAM	D	0.14%
SOLV	C	0.14%
L	A	0.13%
APTV	D	0.13%
CPT	B	0.13%
SW	A	0.13%
KEY	B	0.13%
FCNCA	A	0.12%
EQH	B	0.12%
FBIN	D	0.11%
NLY	C	0.11%
ALLY	C	0.1%
SWK	D	0.1%
EMN	D	0.1%
FNF	B	0.09%
HII	D	0.09%
DVA	B	0.08%
BEN	C	0.06%
WLK	D	0.05%
BIO	D	0.05%

VLUE Underweight 163 Positions Relative to IEDI

Symbol	Grade	Weight
HD	A	-12.4%
COST	B	-8.84%
AMZN	C	-8.24%
WMT	A	-7.9%
TJX	A	-4.58%
LOW	D	-4.22%
CMG	B	-2.85%
ORLY	B	-2.08%
MCD	D	-1.87%
SBUX	A	-1.87%
ROST	C	-1.84%
META	D	-1.64%
TGT	F	-1.51%
HLT	A	-1.32%
MAR	B	-1.29%
NKE	D	-1.09%
AZO	C	-1.06%
UBER	D	-0.99%
TSCO	D	-0.88%
DIS	B	-0.88%
YUM	B	-0.81%
NFLX	A	-0.74%
DRI	B	-0.73%
V	A	-0.72%
BURL	A	-0.71%
DASH	A	-0.69%
WSM	B	-0.68%
CTAS	B	-0.62%
ULTA	F	-0.62%
DECK	A	-0.52%
DG	F	-0.51%
RCL	A	-0.5%
SQ	B	-0.49%
ABNB	C	-0.48%
CPRT	A	-0.48%
DPZ	C	-0.48%
CVNA	B	-0.47%
FERG	B	-0.46%
DKS	C	-0.45%
CASY	A	-0.44%
TXRH	C	-0.44%
DLTR	F	-0.44%
DKNG	B	-0.42%
PYPL	B	-0.4%
WING	D	-0.4%
SFM	A	-0.39%
FND	C	-0.38%
SYY	B	-0.35%
CAVA	B	-0.33%
STZ	D	-0.33%
KMX	B	-0.32%
FAST	B	-0.31%
PLNT	A	-0.3%
BJ	A	-0.3%
USFD	A	-0.27%
TPR	B	-0.26%
PG	A	-0.25%
LYV	A	-0.25%
EBAY	D	-0.23%
ROL	B	-0.22%
OLLI	D	-0.22%
CHDN	B	-0.21%
TOST	B	-0.21%
PFGC	B	-0.2%
SCI	B	-0.2%
CCL	B	-0.19%
BBWI	D	-0.19%
INTU	C	-0.19%
UPS	C	-0.19%
LAD	A	-0.19%
RH	B	-0.18%
GPC	D	-0.18%
WH	B	-0.17%
GME	C	-0.16%
TOL	B	-0.16%
ARMK	B	-0.16%
MUSA	A	-0.16%
GDDY	A	-0.15%
PINS	D	-0.15%
FIVE	F	-0.15%
FRPT	B	-0.15%
MTN	C	-0.15%
POOL	C	-0.15%
TPX	B	-0.14%
CL	D	-0.14%
MGM	D	-0.14%
NCLH	B	-0.14%
SKX	D	-0.14%
GAP	C	-0.14%
VFC	C	-0.13%
CROX	D	-0.13%
TTWO	A	-0.13%
ANF	C	-0.13%
ELF	C	-0.13%
EAT	A	-0.13%
CZR	F	-0.13%
MKC	D	-0.12%
OMC	C	-0.12%
DUOL	A	-0.12%
HRB	D	-0.12%
BOOT	D	-0.12%
H	B	-0.12%
SIG	B	-0.11%
ASO	F	-0.11%
BYD	C	-0.11%
Z	A	-0.11%
W	F	-0.11%
KTB	B	-0.11%
TKO	B	-0.11%
RL	B	-0.11%
SHAK	C	-0.11%
ABG	B	-0.1%
VVV	F	-0.1%
AN	C	-0.1%
CHE	D	-0.1%
HOOD	B	-0.1%
CHH	A	-0.1%
AEO	F	-0.09%
UAL	A	-0.09%
HSIC	B	-0.09%
M	D	-0.09%
MAS	D	-0.09%
CPAY	A	-0.09%
SHOO	D	-0.09%
GWW	B	-0.09%
RHP	B	-0.09%
LNW	D	-0.08%
SNAP	C	-0.08%
CBOE	B	-0.08%
URBN	C	-0.08%
ALK	C	-0.08%
WEN	D	-0.08%
IPG	D	-0.08%
AFRM	B	-0.08%
BFAM	D	-0.08%
BLD	D	-0.07%
FUN	C	-0.07%
FCFS	F	-0.07%
CLX	B	-0.07%
LYFT	C	-0.07%
FLO	D	-0.07%
FOUR	B	-0.07%
MSGS	A	-0.07%
SITE	D	-0.07%
JWN	C	-0.07%
LANC	C	-0.06%
FL	F	-0.06%
CNK	B	-0.06%
IT	C	-0.06%
NYT	C	-0.06%
KSS	F	-0.06%
EA	A	-0.06%
RHI	B	-0.06%
AAL	B	-0.06%
TNL	A	-0.06%
AAP	C	-0.06%
RRR	D	-0.06%
CRI	D	-0.05%
HAS	D	-0.05%
LW	C	-0.05%
LAMR	D	-0.05%
PZZA	D	-0.05%
CPRI	F	-0.05%