Fund Overlap

See which holdings any two equity ETFs have in common, along with top differences in exposure.


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9

Number of overlapping holdings

45.0%

% of HDRO's 20 holdings also in IBAT

15.0%

% of IBAT's 62 holdings also in HDRO

Overlap by Weight
Sector Drift (HDRO minus IBAT)
Overlapping Holdings

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Company Weight
in HDRO
Weight
in IBAT
Overlap
AIR PRODUCTS & CHEMICALS INC 4.9% 7.2% 4.9%
AIR LIQUIDE SA 3.9% 5.7% 3.9%
LINDE PLC 4.1% 3.0% 3.0%
BLOOM ENERGY CORPORATION CLASS A 19.0% 2.9% 2.9%
PLUG POWER INC 9.2% 1.0% 1.0%

Position Highlights (Non-Overlapping Exposures)
HDRO Overweight Relative to IBAT
BLOOM ENERGY CORPORATION CLASS A 16.2%
BALLARD POWER SYSTEMS INC 9.6%
PLUG POWER INC 8.2%
DOOSAN FUEL CELL CO., LTD. 7.3%
CERES POWER HOLDINGS PLC 4.4%
FUELCELL ENERGY, INC. 4.1%
SFC ENERGY AG 4.1%
ITM POWER PLC 3.5%
POWERCELL SWEDEN AB 3.1%
AFC ENERGY PLC 2.9%
HDRO Underweight Relative to IBAT
LG ENERGY SOLUTION LTD. -6.6%
CONTEMPORARY AMPEREX TECHNOLOGY CO., -6.4%
BASF SE -6.1%
MURATA MANUFACTURING CO LTD -5.5%
SAMSUNG SDI CO LTD -5.5%
ASAHI KASEI CORP -4.7%
EATON CORP PLC -3.7%
LG CHEM LTD -3.6%
SCHNEIDER ELECTRIC SA -3.2%
ABB LTD. -3.2%
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