VLUE vs. QFLR ETF Comparison

Comparison of iShares MSCI USA Value Factor (VLUE) to Innovator Nasdaq-100 Managed Floor ETF (QFLR)

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

QFLR

Innovator Nasdaq-100 Managed Floor ETF

QFLR Description

The fund is an actively managed exchange-traded fund ("ETF") that, under normal market circumstances, seeks to provide capital appreciation through participation in the large-capitalization U.S. equity securities of the Nasdaq-100® Index (the "Nasdaq-100") while limiting the potential for maximum losses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.64

Average Daily Volume

62,105

Number of Holdings ^*

43

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	QFLR
30 Days	4.45%	3.39%
60 Days	5.68%	5.10%
90 Days	7.63%	5.26%
12 Months	25.66%

5 Overlapping Holdings

	Symbol	Grade	Weight in VLUE	Weight in QFLR	Overlap
	FANG	D	0.6%	0.76%	0.6%
	GILD	C	1.29%	1.96%	1.29%
	KHC	F	0.74%	1.05%	0.74%
	NXPI	D	1.12%	1.16%	1.12%
	ON	D	0.67%	0.66%	0.66%

VLUE Overweight 143 Positions Relative to QFLR

	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%
	SPG	B	1.26%
	HPQ	B	1.19%
	FDX	B	1.18%
	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%
	KR	B	0.75%
	WBD	C	0.7%
	COF	B	0.66%
	ADM	D	0.65%
	PCG	A	0.63%
	JCI	C	0.61%
	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%
	EXPE	B	0.48%
	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%
	TSN	B	0.44%
	GEN	B	0.42%
	FSLR	F	0.38%
	BBY	D	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%
	CAG	D	0.23%
	HST	C	0.23%
	WBA	F	0.22%
	SJM	D	0.22%
	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%
	ACI	C	0.12%
	LUV	C	0.12%
	UHAL	D	0.11%
	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 38 Positions Relative to QFLR

	Symbol	Grade	Weight
	AAPL	C	-9.22%
	NVDA	C	-9.11%
	MSFT	F	-8.58%
	AMZN	C	-6.0%
	AVGO	D	-5.29%
	META	D	-4.72%
	TSLA	B	-4.39%
	COST	B	-3.52%
	GOOGL	C	-2.89%
	TMUS	B	-2.82%
	NFLX	A	-2.8%
	GOOG	C	-2.7%
	AMD	F	-2.05%
	ADBE	C	-1.99%
	AMGN	D	-1.74%
	MAR	B	-1.6%
	XEL	A	-1.51%
	FAST	B	-1.37%
	CPRT	A	-1.34%
	EA	A	-1.3%
	PYPL	B	-1.28%
	WDAY	B	-1.27%
	ADSK	A	-1.25%
	KLAC	D	-1.24%
	VRSK	A	-1.21%
	MRVL	B	-1.2%
	CCEP	C	-1.11%
	ROST	C	-1.05%
	KDP	D	-1.01%
	MCHP	D	-0.9%
	TTWO	A	-0.88%
	IDXX	F	-0.82%
	TTD	B	-0.66%
	ASML	F	-0.63%
	PDD	F	-0.61%
	CDW	F	-0.59%
	GFS	C	-0.55%
	MRNA	F	-0.08%

VLUE: Top Represented Industries & Keywords

Industries: Banks - Regional - US Oil & Gas E&P Semiconductors Communication Equipment Health Care Plans Software - Application Utilities - Regulated Electric Aerospace & Defense Asset Management Banks - Global Diagnostics & Research Drug Manufacturers - Major Farm Products Information Technology Services Insurance - Diversified Packaged Foods Residential Construction Telecom Services Agricultural Inputs Airlines

Keywords: S&P 500 Bank Nasdaq 100 Insurance Natural Gas Computing Banking Telecommunications Cash Management Commercial Banking Electricity Financial Products Investment Bank Investment Management Aerospace Asset Management Services Dow Jones Component Electronics Insurance Products Real Estate Investment Trust

QFLR: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Internet Content & Information Beverages - Soft Drinks Drug Manufacturers - Major Electronic Gaming & Multimedia Semiconductor Equipment & Materials Specialty Retail Apparel Stores Auto & Truck Dealerships Auto Manufacturers Biotechnology Business Services Consumer Electronics Credit Services Diagnostics & Research Discount Stores Industrial Distribution Information Technology Services Lodging

Keywords: Nasdaq 100 S&P 500 Computing Mobile Devices Smartphones Integrated Circuits Semiconductor Software Work From Home Dow Jones Component Fabless Semiconductor Companies Hyperscale Operating System Cloud Computing Retailing Alcohol Artificial Intelligence Computer Architecture Games Laptop Computer