BALI vs. PAPI ETF Comparison

Comparison of BlackRock Advantage Large Cap Income ETF (BALI) to Parametric Equity Premium Income ETF (PAPI)

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

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	BALI	PAPI
30 Days	2.84%	3.08%
60 Days	3.90%	3.73%
90 Days	5.67%	4.88%
12 Months	27.77%	19.25%

49 Overlapping Holdings

Symbol	Grade	Weight in BALI	Weight in PAPI	Overlap
ACN	C	0.06%	0.5%	0.06%
BBY	D	0.0%	0.49%	0.0%
CAG	D	0.01%	0.48%	0.01%
CAH	B	1.12%	0.56%	0.56%
CI	F	0.12%	0.47%	0.12%
CMCSA	B	0.9%	0.54%	0.54%
CME	A	1.12%	0.52%	0.52%
COP	C	0.5%	0.56%	0.5%
COST	B	0.0%	0.54%	0.0%
CSCO	B	0.36%	0.54%	0.36%
CVX	A	1.53%	0.57%	0.57%
DUK	C	0.1%	0.5%	0.1%
DVN	F	0.01%	0.5%	0.01%
ED	D	0.06%	0.48%	0.06%
ELV	F	0.2%	0.43%	0.2%
EXPD	D	0.44%	0.52%	0.44%
FE	C	0.42%	0.5%	0.42%
FOXA	B	0.0%	0.57%	0.0%
GD	F	0.14%	0.5%	0.14%
GILD	C	1.32%	0.53%	0.53%
HAS	D	0.21%	0.46%	0.21%
IDA	A	0.1%	0.59%	0.1%
INGR	B	0.03%	0.55%	0.03%
JNJ	D	0.03%	0.5%	0.03%
KMB	D	1.01%	0.49%	0.49%
KMI	A	0.11%	0.58%	0.11%
MDT	D	0.93%	0.51%	0.51%
MO	A	0.8%	0.59%	0.59%
MRK	F	1.35%	0.46%	0.46%
MSFT	F	7.07%	0.53%	0.53%
MTN	C	0.31%	0.54%	0.31%
NYT	C	0.05%	0.5%	0.05%
PAG	B	0.02%	0.54%	0.02%
PFE	D	1.19%	0.44%	0.44%
PG	A	0.15%	0.52%	0.15%
PM	B	1.26%	0.56%	0.56%
QCOM	F	1.02%	0.49%	0.49%
SON	D	0.02%	0.49%	0.02%
SYK	C	0.45%	0.57%	0.45%
T	A	1.07%	0.55%	0.55%
TJX	A	0.34%	0.54%	0.34%
TRV	B	0.34%	0.57%	0.34%
TXRH	C	0.54%	0.57%	0.54%
UNH	C	0.98%	0.55%	0.55%
UPS	C	1.13%	0.52%	0.52%
VZ	C	0.93%	0.5%	0.5%
WHR	B	0.05%	0.57%	0.05%
WMT	A	1.22%	0.54%	0.54%
XOM	B	0.4%	0.52%	0.4%

BALI Overweight 100 Positions Relative to PAPI

Symbol	Grade	Weight
AAPL	C	7.52%
NVDA	C	7.31%
AMZN	C	4.94%
GOOGL	C	3.06%
MA	C	1.81%
GOOG	C	1.67%
META	D	1.57%
V	A	1.33%
MMC	B	1.22%
WM	A	1.22%
PGR	A	1.2%
SHW	A	1.18%
JPM	A	1.16%
CTAS	B	1.15%
OMF	A	1.1%
LMT	D	1.09%
TSLA	B	1.06%
RSG	A	1.06%
C	A	1.05%
FTNT	C	1.0%
PNW	B	1.0%
LLY	F	0.94%
CL	D	0.87%
BRK.A	B	0.84%
KR	B	0.83%
F	C	0.82%
NOC	D	0.82%
TFC	A	0.65%
AVGO	D	0.64%
AMGN	D	0.62%
LRCX	F	0.59%
HCA	F	0.57%
MSI	B	0.56%
ADBE	C	0.52%
CCEP	C	0.47%
HESM	B	0.46%
UTHR	C	0.46%
NBIX	C	0.44%
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%
CMS	C	0.3%
EME	C	0.3%
OSK	B	0.28%
SPGI	C	0.26%
NTAP	C	0.26%
HUBS	A	0.25%
WRB	A	0.25%
NNN	D	0.25%
PH	A	0.24%
CRWD	B	0.23%
SPG	B	0.23%
WING	D	0.22%
MCK	B	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%
INCY	C	0.14%
BKNG	A	0.13%
SMAR	A	0.12%
DDS	B	0.11%
TMO	F	0.1%
CSX	B	0.07%
HES	B	0.07%
DHI	D	0.07%
KRG	B	0.07%
WCN	A	0.06%
ROST	C	0.05%
SNAP	C	0.04%
K	A	0.04%
DOC	D	0.04%
GWW	B	0.03%
BIIB	F	0.03%
CBOE	B	0.03%
IVZ	B	0.02%
NUE	C	0.02%
MELI	D	0.02%
FLEX	A	0.02%
JNPR	F	0.02%
HD	A	0.01%
CLX	B	0.01%
LEVI	F	0.01%
XP	F	0.01%
TSN	B	0.0%
MCD	D	0.0%
EQIX	A	0.0%
RGA	A	0.0%

BALI Underweight 140 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	B	-0.65%
SNA	A	-0.63%
IP	B	-0.63%
DTM	B	-0.62%
BKR	B	-0.62%
EMR	A	-0.61%
OKE	A	-0.61%
UNM	A	-0.61%
IDCC	A	-0.61%
PINC	B	-0.6%
FOX	A	-0.59%
CFR	B	-0.59%
TAP	C	-0.59%
EA	A	-0.59%
PB	A	-0.59%
CINF	A	-0.58%
JHG	A	-0.58%
WMB	A	-0.58%
JCI	C	-0.58%
RHI	B	-0.57%
SRE	A	-0.57%
CTRA	B	-0.57%
RF	A	-0.57%
DGX	A	-0.57%
LH	C	-0.57%
XEL	A	-0.57%
CMI	A	-0.57%
FAST	B	-0.56%
WSO	A	-0.56%
EOG	A	-0.56%
RS	B	-0.56%
PKG	A	-0.56%
TROW	B	-0.56%
VLO	C	-0.55%
PPL	B	-0.55%
DCI	B	-0.55%
GGG	B	-0.55%
EVRG	A	-0.55%
OGE	B	-0.55%
GNTX	C	-0.54%
MOS	F	-0.54%
COR	B	-0.54%
OGS	A	-0.54%
ORI	A	-0.54%
CHD	B	-0.54%
AFG	A	-0.54%
DRI	B	-0.54%
ADP	B	-0.54%
AEE	A	-0.54%
CTSH	B	-0.53%
LHX	C	-0.53%
AM	A	-0.53%
TXN	C	-0.53%
PRU	A	-0.53%
PAYX	C	-0.53%
ATO	A	-0.53%
MSM	C	-0.53%
COLM	B	-0.53%
HPE	B	-0.53%
GLW	B	-0.53%
HP	B	-0.52%
LNT	A	-0.52%
BMI	B	-0.52%
ROP	B	-0.52%
ABT	B	-0.52%
NFG	A	-0.52%
ATR	B	-0.52%
PEG	A	-0.52%
HPQ	B	-0.52%
PSX	C	-0.52%
CHRD	D	-0.52%
WEC	A	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
DD	D	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
DINO	D	-0.51%
HIG	B	-0.51%
FNF	B	-0.51%
APD	A	-0.51%
LKQ	D	-0.51%
OXM	D	-0.51%
CTVA	C	-0.5%
BDX	F	-0.5%
RTX	C	-0.5%
POWI	D	-0.5%
CCOI	B	-0.5%
SNX	C	-0.5%
PFG	D	-0.5%
AEP	D	-0.5%
RGLD	C	-0.5%
BG	F	-0.5%
D	C	-0.5%
MTG	C	-0.5%
SO	D	-0.5%
AFL	B	-0.5%
DOX	D	-0.49%
OMC	C	-0.49%
CHE	D	-0.49%
PPG	F	-0.49%
FLO	D	-0.49%
LIN	D	-0.49%
JKHY	D	-0.49%
EMN	D	-0.49%
HRL	D	-0.49%
LYB	F	-0.48%
AOS	F	-0.48%
WEN	D	-0.48%
ADI	D	-0.48%
PEP	F	-0.48%
RPRX	D	-0.48%
LEA	D	-0.48%
WU	D	-0.48%
SHOO	D	-0.47%
AMCR	D	-0.47%
LEN	D	-0.47%
ADM	D	-0.47%
KDP	D	-0.46%
ABBV	D	-0.46%
ASH	D	-0.46%
FMC	D	-0.46%
KHC	F	-0.46%
IBM	C	-0.46%
IPG	D	-0.45%
SWKS	F	-0.45%
GPC	D	-0.45%
KO	D	-0.45%
DHR	F	-0.45%
ESNT	D	-0.45%
HUN	F	-0.44%
MAN	D	-0.44%
DOW	F	-0.44%
INSW	F	-0.44%
PII	D	-0.43%
CVI	F	-0.42%
CRI	D	-0.41%
HII	D	-0.39%
NEM	D	-0.38%
SCCO	F	-0.0%