BALI vs. FLQL ETF Comparison

Comparison of BlackRock Advantage Large Cap Income ETF (BALI) to Franklin LibertyQ U.S. Equity ETF (FLQL)

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

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$59.85

Average Daily Volume

76,630

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	BALI	FLQL
30 Days	2.84%	2.44%
60 Days	3.90%	3.55%
90 Days	5.67%	4.50%
12 Months	27.77%	31.26%

65 Overlapping Holdings

Symbol	Grade	Weight in BALI	Weight in FLQL	Overlap
AAPL	C	7.52%	7.0%	7.0%
AMGN	D	0.62%	1.05%	0.62%
AMZN	C	4.94%	2.92%	2.92%
AVB	B	0.15%	0.1%	0.1%
AVGO	D	0.64%	1.77%	0.64%
BBY	D	0.0%	0.11%	0.0%
BKNG	A	0.13%	1.19%	0.13%
BRK.A	B	0.84%	1.11%	0.84%
BSX	B	0.14%	0.84%	0.14%
C	A	1.05%	0.97%	0.97%
CI	F	0.12%	0.56%	0.12%
CL	D	0.87%	0.52%	0.52%
COST	B	0.0%	1.7%	0.0%
CTAS	B	1.15%	0.46%	0.46%
DHI	D	0.07%	0.36%	0.07%
DVN	F	0.01%	0.08%	0.01%
ELV	F	0.2%	0.28%	0.2%
EME	C	0.3%	0.12%	0.12%
FOXA	B	0.0%	0.11%	0.0%
GD	F	0.14%	0.39%	0.14%
GOOG	C	1.67%	1.73%	1.67%
GOOGL	C	3.06%	2.04%	2.04%
GWW	B	0.03%	0.38%	0.03%
HCA	F	0.57%	0.49%	0.49%
INGR	B	0.03%	0.1%	0.03%
JNJ	D	0.03%	1.55%	0.03%
JNPR	F	0.02%	0.09%	0.02%
JPM	A	1.16%	1.23%	1.16%
K	A	0.04%	0.1%	0.04%
KMB	D	1.01%	0.14%	0.14%
LDOS	C	0.4%	0.17%	0.17%
LLY	F	0.94%	1.31%	0.94%
LMT	D	1.09%	0.4%	0.4%
LRCX	F	0.59%	0.66%	0.59%
MA	C	1.81%	1.79%	1.79%
META	D	1.57%	2.48%	1.57%
MO	A	0.8%	0.85%	0.8%
MRK	F	1.35%	1.21%	1.21%
MSFT	F	7.07%	5.96%	5.96%
MSI	B	0.56%	0.58%	0.56%
NNN	D	0.25%	0.09%	0.09%
NTAP	C	0.26%	0.21%	0.21%
NVDA	C	7.31%	6.71%	6.71%
OHI	C	0.15%	0.1%	0.1%
PCAR	B	0.2%	0.44%	0.2%
PH	A	0.24%	0.52%	0.24%
PM	B	1.26%	0.71%	0.71%
QCOM	F	1.02%	1.22%	1.02%
RGA	A	0.0%	0.11%	0.0%
RSG	A	1.06%	0.31%	0.31%
SPG	B	0.23%	0.46%	0.23%
SYK	C	0.45%	0.94%	0.45%
T	A	1.07%	1.07%	1.07%
TJX	A	0.34%	0.95%	0.34%
TSCO	D	0.14%	0.15%	0.14%
TSLA	B	1.06%	1.13%	1.06%
TT	A	0.4%	0.65%	0.4%
TXRH	C	0.54%	0.11%	0.11%
UNH	C	0.98%	0.52%	0.52%
UTHR	C	0.46%	0.12%	0.12%
VZ	C	0.93%	1.24%	0.93%
WING	D	0.22%	0.08%	0.08%
WM	A	1.22%	0.67%	0.67%
WMT	A	1.22%	1.68%	1.22%
XOM	B	0.4%	0.63%	0.4%

BALI Overweight 84 Positions Relative to FLQL

Symbol	Grade	Weight
CVX	A	1.53%
V	A	1.33%
GILD	C	1.32%
MMC	B	1.22%
PGR	A	1.2%
PFE	D	1.19%
SHW	A	1.18%
UPS	C	1.13%
CME	A	1.12%
CAH	B	1.12%
OMF	A	1.1%
FTNT	C	1.0%
PNW	B	1.0%
MDT	D	0.93%
CMCSA	B	0.9%
KR	B	0.83%
F	C	0.82%
NOC	D	0.82%
TFC	A	0.65%
ADBE	C	0.52%
COP	C	0.5%
CCEP	C	0.47%
HESM	B	0.46%
EXPD	D	0.44%
NBIX	C	0.44%
FE	C	0.42%
MANH	D	0.41%
ALL	A	0.4%
HAL	C	0.39%
MU	D	0.37%
NOW	A	0.37%
ETN	A	0.36%
CSCO	B	0.36%
ES	D	0.35%
TRV	B	0.34%
NTRA	B	0.33%
EXC	C	0.31%
MTN	C	0.31%
CMS	C	0.3%
OSK	B	0.28%
SPGI	C	0.26%
HUBS	A	0.25%
WRB	A	0.25%
CRWD	B	0.23%
MCK	B	0.21%
HAS	D	0.21%
EXEL	B	0.18%
CPT	B	0.18%
NFLX	A	0.15%
PG	A	0.15%
INCY	C	0.14%
SMAR	A	0.12%
KMI	A	0.11%
DDS	B	0.11%
IDA	A	0.1%
TMO	F	0.1%
DUK	C	0.1%
CSX	B	0.07%
HES	B	0.07%
KRG	B	0.07%
ED	D	0.06%
WCN	A	0.06%
ACN	C	0.06%
NYT	C	0.05%
ROST	C	0.05%
WHR	B	0.05%
SNAP	C	0.04%
DOC	D	0.04%
BIIB	F	0.03%
CBOE	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%
CLX	B	0.01%
LEVI	F	0.01%
XP	F	0.01%
CAG	D	0.01%
TSN	B	0.0%
MCD	D	0.0%
EQIX	A	0.0%

BALI Underweight 145 Positions Relative to FLQL

Symbol	Grade	Weight
ABBV	D	-1.33%
IBM	C	-1.31%
ISRG	A	-1.3%
CAT	B	-1.27%
TXN	C	-1.24%
AMAT	F	-0.96%
VRTX	F	-0.92%
ORCL	B	-0.88%
ANET	C	-0.77%
KLAC	D	-0.67%
GS	A	-0.6%
APH	A	-0.6%
TMUS	B	-0.59%
REGN	F	-0.59%
CMG	B	-0.57%
CB	C	-0.56%
MCO	B	-0.56%
RTX	C	-0.5%
APP	B	-0.42%
PSA	D	-0.38%
URI	B	-0.38%
GM	B	-0.35%
HLT	A	-0.33%
FAST	B	-0.33%
ADI	D	-0.32%
LEN	D	-0.3%
HPQ	B	-0.29%
SO	D	-0.29%
ACGL	D	-0.26%
CMI	A	-0.26%
HWM	A	-0.25%
GRMN	B	-0.25%
CTSH	B	-0.24%
MCHP	D	-0.23%
AFL	B	-0.23%
SPOT	B	-0.22%
PHM	D	-0.22%
PEG	A	-0.22%
DECK	A	-0.22%
SYF	B	-0.21%
HPE	B	-0.21%
DAL	C	-0.2%
FANG	D	-0.2%
DELL	C	-0.19%
HIG	B	-0.19%
GLW	B	-0.19%
NVR	D	-0.19%
IRM	D	-0.18%
FICO	B	-0.17%
EBAY	D	-0.17%
WAB	B	-0.17%
RCL	A	-0.17%
LYB	F	-0.16%
TPL	A	-0.16%
ETR	B	-0.16%
STLD	B	-0.16%
PKG	A	-0.15%
LII	A	-0.15%
CSL	C	-0.15%
O	D	-0.15%
WSM	B	-0.15%
WSO	A	-0.13%
OC	A	-0.13%
TOL	B	-0.13%
RMD	C	-0.13%
CFG	B	-0.13%
IP	B	-0.13%
TNL	A	-0.12%
NRG	B	-0.12%
AWI	A	-0.12%
RL	B	-0.12%
JEF	A	-0.12%
MAS	D	-0.12%
AYI	B	-0.12%
EVR	B	-0.12%
FIX	A	-0.12%
ALSN	B	-0.12%
DTM	B	-0.12%
AXS	A	-0.11%
LNC	B	-0.11%
BJ	A	-0.11%
MUSA	A	-0.11%
EXR	D	-0.11%
PPC	C	-0.11%
FOX	A	-0.11%
CW	B	-0.11%
DPZ	C	-0.11%
R	B	-0.11%
LOPE	B	-0.11%
CASY	A	-0.11%
G	B	-0.11%
CF	B	-0.11%
ESS	B	-0.11%
JHG	A	-0.11%
THC	D	-0.11%
UGI	A	-0.1%
ROL	B	-0.1%
SCCO	F	-0.1%
EMN	D	-0.1%
DGX	A	-0.1%
CLH	B	-0.1%
LAMR	D	-0.1%
UHS	D	-0.1%
NFG	A	-0.1%
DVA	B	-0.1%
ADC	B	-0.1%
DKS	C	-0.1%
VICI	C	-0.1%
KRC	C	-0.1%
KEX	C	-0.1%
RGLD	C	-0.1%
EHC	B	-0.1%
CHRW	C	-0.1%
CUZ	B	-0.1%
AMCR	D	-0.09%
WU	D	-0.09%
MPWR	F	-0.09%
EPR	D	-0.09%
PK	B	-0.09%
SNX	C	-0.09%
CACI	D	-0.09%
NEU	C	-0.09%
GAP	C	-0.09%
GPK	C	-0.09%
CHE	D	-0.09%
LEN	D	-0.09%
HRB	D	-0.09%
GLPI	C	-0.09%
AVT	C	-0.09%
OMC	C	-0.09%
SWKS	F	-0.09%
MTG	C	-0.09%
M	D	-0.09%
SSNC	B	-0.09%
HIW	D	-0.09%
APA	D	-0.08%
CRI	D	-0.08%
COKE	C	-0.08%
CIVI	D	-0.08%
MEDP	D	-0.08%
TER	D	-0.08%
CROX	D	-0.07%
OGN	D	-0.07%
CRUS	D	-0.07%
MDU	D	-0.07%