BALI vs. ACWV ETF Comparison

Comparison of BlackRock Advantage Large Cap Income ETF (BALI) to iShares MSCI All Country World Minimum Volatility Index Fund (ACWV)

BALI

BlackRock Advantage Large Cap Income ETF

BALI Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.09

Average Daily Volume

95,490

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

ACWV

iShares MSCI All Country World Minimum Volatility Index Fund

ACWV Description

The investment seeks to track the investment results of an index composed of developed and emerging market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed and emerging equity markets. The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. It seeks to track the underlying index, which has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities in both emerging and developed markets that in aggregate have lower volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$113.95

Average Daily Volume

117,990

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	BALI	ACWV
30 Days	2.84%	0.32%
60 Days	3.90%	-0.25%
90 Days	5.67%	1.23%
12 Months	27.77%	18.77%

49 Overlapping Holdings

Symbol	Grade	Weight in BALI	Weight in ACWV	Overlap
ACN	C	0.06%	0.26%	0.06%
AMGN	D	0.62%	0.34%	0.34%
BRK.A	B	0.84%	0.91%	0.84%
CAG	D	0.01%	0.05%	0.01%
CAH	B	1.12%	0.18%	0.18%
CBOE	B	0.03%	0.54%	0.03%
CI	F	0.12%	0.24%	0.12%
CL	D	0.87%	0.35%	0.35%
CME	A	1.12%	0.23%	0.23%
CMS	C	0.3%	0.16%	0.16%
CSCO	B	0.36%	1.57%	0.36%
DUK	C	0.1%	0.81%	0.1%
ED	D	0.06%	0.84%	0.06%
ELV	F	0.2%	0.42%	0.2%
GD	F	0.14%	0.18%	0.14%
GILD	C	1.32%	0.48%	0.48%
INCY	C	0.14%	0.38%	0.14%
JNJ	D	0.03%	1.05%	0.03%
JNPR	F	0.02%	0.32%	0.02%
K	A	0.04%	0.57%	0.04%
KMB	D	1.01%	0.3%	0.3%
KR	B	0.83%	0.83%	0.83%
LLY	F	0.94%	0.52%	0.52%
LMT	D	1.09%	0.23%	0.23%
MA	C	1.81%	0.19%	0.19%
MCD	D	0.0%	1.02%	0.0%
MCK	B	0.21%	1.42%	0.21%
MMC	B	1.22%	0.88%	0.88%
MRK	F	1.35%	1.06%	1.06%
MSFT	F	7.07%	0.76%	0.76%
MSI	B	0.56%	1.88%	0.56%
NBIX	C	0.44%	0.31%	0.31%
NOC	D	0.82%	0.77%	0.77%
PG	A	0.15%	0.82%	0.15%
PGR	A	1.2%	0.84%	0.84%
RSG	A	1.06%	1.19%	1.06%
T	A	1.07%	0.26%	0.26%
TJX	A	0.34%	0.37%	0.34%
TRV	B	0.34%	0.32%	0.32%
TSN	B	0.0%	0.32%	0.0%
UNH	C	0.98%	0.83%	0.83%
UTHR	C	0.46%	0.4%	0.4%
V	A	1.33%	0.59%	0.59%
VZ	C	0.93%	0.76%	0.76%
WCN	A	0.06%	0.39%	0.06%
WM	A	1.22%	1.5%	1.22%
WMT	A	1.22%	1.82%	1.22%
WRB	A	0.25%	0.41%	0.25%
XOM	B	0.4%	0.1%	0.1%

BALI Overweight 100 Positions Relative to ACWV

Symbol	Grade	Weight
AAPL	C	7.52%
NVDA	C	7.31%
AMZN	C	4.94%
GOOGL	C	3.06%
GOOG	C	1.67%
META	D	1.57%
CVX	A	1.53%
PM	B	1.26%
PFE	D	1.19%
SHW	A	1.18%
JPM	A	1.16%
CTAS	B	1.15%
UPS	C	1.13%
OMF	A	1.1%
TSLA	B	1.06%
C	A	1.05%
QCOM	F	1.02%
FTNT	C	1.0%
PNW	B	1.0%
MDT	D	0.93%
CMCSA	B	0.9%
F	C	0.82%
MO	A	0.8%
TFC	A	0.65%
AVGO	D	0.64%
LRCX	F	0.59%
HCA	F	0.57%
TXRH	C	0.54%
ADBE	C	0.52%
COP	C	0.5%
CCEP	C	0.47%
HESM	B	0.46%
SYK	C	0.45%
EXPD	D	0.44%
FE	C	0.42%
MANH	D	0.41%
TT	A	0.4%
LDOS	C	0.4%
ALL	A	0.4%
HAL	C	0.39%
MU	D	0.37%
NOW	A	0.37%
ETN	A	0.36%
ES	D	0.35%
NTRA	B	0.33%
EXC	C	0.31%
MTN	C	0.31%
EME	C	0.3%
OSK	B	0.28%
SPGI	C	0.26%
NTAP	C	0.26%
HUBS	A	0.25%
NNN	D	0.25%
PH	A	0.24%
CRWD	B	0.23%
SPG	B	0.23%
WING	D	0.22%
HAS	D	0.21%
PCAR	B	0.2%
EXEL	B	0.18%
CPT	B	0.18%
NFLX	A	0.15%
AVB	B	0.15%
OHI	C	0.15%
TSCO	D	0.14%
BSX	B	0.14%
BKNG	A	0.13%
SMAR	A	0.12%
KMI	A	0.11%
DDS	B	0.11%
IDA	A	0.1%
TMO	F	0.1%
CSX	B	0.07%
HES	B	0.07%
DHI	D	0.07%
KRG	B	0.07%
NYT	C	0.05%
ROST	C	0.05%
WHR	B	0.05%
SNAP	C	0.04%
DOC	D	0.04%
GWW	B	0.03%
BIIB	F	0.03%
INGR	B	0.03%
IVZ	B	0.02%
NUE	C	0.02%
PAG	B	0.02%
MELI	D	0.02%
SON	D	0.02%
FLEX	A	0.02%
HD	A	0.01%
DVN	F	0.01%
CLX	B	0.01%
LEVI	F	0.01%
XP	F	0.01%
FOXA	B	0.0%
BBY	D	0.0%
EQIX	A	0.0%
RGA	A	0.0%
COST	B	0.0%

BALI Underweight 90 Positions Relative to ACWV

Symbol	Grade	Weight
TMUS	B	-2.03%
ROP	B	-1.36%
VRTX	F	-1.13%
PEP	F	-1.08%
COR	B	-1.05%
CB	C	-0.88%
SO	D	-0.8%
AZO	C	-0.77%
IBM	C	-0.73%
WEC	A	-0.68%
GDDY	A	-0.64%
EA	A	-0.63%
ORLY	B	-0.62%
REGN	F	-0.61%
GIS	D	-0.61%
ACGL	D	-0.57%
APH	A	-0.54%
ORCL	B	-0.54%
ABBV	D	-0.49%
FI	A	-0.48%
CHD	B	-0.46%
HSY	F	-0.44%
MKL	A	-0.43%
KEYS	A	-0.41%
L	A	-0.4%
CHT	D	-0.37%
BAH	F	-0.37%
KDP	D	-0.36%
FFIV	B	-0.36%
VRSN	F	-0.35%
AON	A	-0.35%
KHC	F	-0.33%
AJG	B	-0.33%
HUM	C	-0.31%
BRO	B	-0.3%
GEN	B	-0.3%
AKAM	D	-0.27%
SJM	D	-0.27%
ERIE	D	-0.26%
MDLZ	F	-0.25%
BMY	B	-0.25%
CF	B	-0.25%
YUM	B	-0.24%
FCNCA	A	-0.23%
HRL	D	-0.23%
FWONK	B	-0.22%
PTC	A	-0.22%
BDX	F	-0.22%
CPB	D	-0.22%
CTSH	B	-0.21%
ROL	B	-0.21%
MFG	B	-0.21%
JKHY	D	-0.2%
BMRN	D	-0.19%
DPZ	C	-0.19%
LNG	B	-0.16%
ULTA	F	-0.16%
MPC	D	-0.15%
DGX	A	-0.15%
AIZ	A	-0.13%
WIT	A	-0.12%
CTVA	C	-0.12%
MOH	F	-0.12%
FICO	B	-0.12%
MNST	C	-0.12%
AZPN	A	-0.11%
TDY	B	-0.11%
AEE	A	-0.11%
XEL	A	-0.11%
EG	C	-0.1%
WTW	B	-0.1%
WDAY	B	-0.1%
PCG	A	-0.1%
ABT	B	-0.1%
TPL	A	-0.1%
NEM	D	-0.09%
TRGP	B	-0.08%
AEP	D	-0.07%
IT	C	-0.07%
KNX	B	-0.06%
ANET	C	-0.06%
DINO	D	-0.06%
FANG	D	-0.06%
CHRW	C	-0.06%
GPC	D	-0.05%
HOLX	D	-0.05%
ACI	C	-0.05%
KO	D	-0.05%
HSIC	B	-0.05%
HKD	F	-0.0%