BALI vs. QLV ETF Comparison

Comparison of BlackRock Advantage Large Cap Income ETF (BALI) to FlexShares US Quality Low Volatility Index Fund (QLV)

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

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.22

Average Daily Volume

10,357

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	BALI	QLV
30 Days	2.84%	0.23%
60 Days	3.90%	1.42%
90 Days	5.67%	3.24%
12 Months	27.77%	25.29%

47 Overlapping Holdings

Symbol	Grade	Weight in BALI	Weight in QLV	Overlap
AAPL	C	7.52%	5.13%	5.13%
ALL	A	0.4%	0.62%	0.4%
AMGN	D	0.62%	0.73%	0.62%
AMZN	C	4.94%	2.5%	2.5%
AVGO	D	0.64%	0.4%	0.4%
BRK.A	B	0.84%	0.59%	0.59%
CAG	D	0.01%	0.13%	0.01%
CME	A	1.12%	0.91%	0.91%
CMS	C	0.3%	0.53%	0.3%
DDS	B	0.11%	0.3%	0.11%
DUK	C	0.1%	0.87%	0.1%
ED	D	0.06%	0.77%	0.06%
EQIX	A	0.0%	0.62%	0.0%
EXPD	D	0.44%	0.03%	0.03%
GD	F	0.14%	0.61%	0.14%
GILD	C	1.32%	1.11%	1.11%
GOOG	C	1.67%	0.62%	0.62%
GOOGL	C	3.06%	0.87%	0.87%
JNJ	D	0.03%	1.68%	0.03%
JPM	A	1.16%	0.21%	0.21%
K	A	0.04%	0.77%	0.04%
LLY	F	0.94%	2.4%	0.94%
LMT	D	1.09%	1.07%	1.07%
MCD	D	0.0%	1.97%	0.0%
MCK	B	0.21%	0.35%	0.21%
META	D	1.57%	1.27%	1.27%
MMC	B	1.22%	0.05%	0.05%
MRK	F	1.35%	2.29%	1.35%
MSFT	F	7.07%	7.86%	7.07%
NBIX	C	0.44%	0.43%	0.43%
NOC	D	0.82%	0.6%	0.6%
NVDA	C	7.31%	5.54%	5.54%
PG	A	0.15%	3.17%	0.15%
PM	B	1.26%	0.21%	0.21%
PNW	B	1.0%	0.52%	0.52%
RSG	A	1.06%	0.58%	0.58%
SON	D	0.02%	0.49%	0.02%
T	A	1.07%	1.46%	1.07%
TRV	B	0.34%	0.66%	0.34%
TSCO	D	0.14%	0.5%	0.14%
UNH	C	0.98%	0.07%	0.07%
V	A	1.33%	2.25%	1.33%
VZ	C	0.93%	1.58%	0.93%
WCN	A	0.06%	0.57%	0.06%
WM	A	1.22%	0.68%	0.68%
WRB	A	0.25%	0.53%	0.25%
XOM	B	0.4%	1.15%	0.4%

BALI Overweight 102 Positions Relative to QLV

Symbol	Grade	Weight
MA	C	1.81%
CVX	A	1.53%
WMT	A	1.22%
PGR	A	1.2%
PFE	D	1.19%
SHW	A	1.18%
CTAS	B	1.15%
UPS	C	1.13%
CAH	B	1.12%
OMF	A	1.1%
TSLA	B	1.06%
C	A	1.05%
QCOM	F	1.02%
KMB	D	1.01%
FTNT	C	1.0%
MDT	D	0.93%
CMCSA	B	0.9%
CL	D	0.87%
KR	B	0.83%
F	C	0.82%
MO	A	0.8%
TFC	A	0.65%
LRCX	F	0.59%
HCA	F	0.57%
MSI	B	0.56%
TXRH	C	0.54%
ADBE	C	0.52%
COP	C	0.5%
CCEP	C	0.47%
HESM	B	0.46%
UTHR	C	0.46%
SYK	C	0.45%
FE	C	0.42%
MANH	D	0.41%
TT	A	0.4%
LDOS	C	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%
TJX	A	0.34%
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%
ELV	F	0.2%
PCAR	B	0.2%
EXEL	B	0.18%
CPT	B	0.18%
NFLX	A	0.15%
AVB	B	0.15%
OHI	C	0.15%
BSX	B	0.14%
INCY	C	0.14%
BKNG	A	0.13%
CI	F	0.12%
SMAR	A	0.12%
KMI	A	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%
ACN	C	0.06%
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%
CBOE	B	0.03%
IVZ	B	0.02%
NUE	C	0.02%
PAG	B	0.02%
MELI	D	0.02%
FLEX	A	0.02%
JNPR	F	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%
TSN	B	0.0%
BBY	D	0.0%
RGA	A	0.0%
COST	B	0.0%

BALI Underweight 67 Positions Relative to QLV

Symbol	Grade	Weight
IBM	C	-1.77%
PEP	F	-1.52%
TMUS	B	-1.14%
ABBV	D	-0.97%
ABT	B	-0.92%
ADP	B	-0.92%
QLYS	C	-0.89%
ATR	B	-0.89%
WTW	B	-0.87%
TXN	C	-0.86%
PSA	D	-0.84%
AIZ	A	-0.84%
WEC	A	-0.83%
WDFC	B	-0.81%
TYL	B	-0.81%
RGLD	C	-0.77%
DOX	D	-0.76%
LSTR	D	-0.74%
CHE	D	-0.74%
CB	C	-0.72%
CHKP	D	-0.72%
GIS	D	-0.72%
ZM	B	-0.7%
SO	D	-0.68%
QGEN	D	-0.67%
DTM	B	-0.65%
DLR	B	-0.65%
AVY	D	-0.64%
CALM	A	-0.62%
XEL	A	-0.62%
PKG	A	-0.61%
SMMT	D	-0.61%
CINF	A	-0.59%
CTVA	C	-0.57%
AZO	C	-0.56%
AEE	A	-0.56%
SIGI	C	-0.55%
STNG	F	-0.55%
MKL	A	-0.54%
JKHY	D	-0.53%
SCI	B	-0.53%
CTRA	B	-0.53%
ADC	B	-0.52%
AEP	D	-0.52%
BAH	F	-0.5%
CHRW	C	-0.49%
FLO	D	-0.47%
REGN	F	-0.47%
HSY	F	-0.46%
TTEK	F	-0.46%
HRL	D	-0.4%
VRSK	A	-0.39%
BMRN	D	-0.37%
NFG	A	-0.37%
HII	D	-0.36%
SLGN	A	-0.33%
BMI	B	-0.28%
CRUS	D	-0.26%
EA	A	-0.23%
COR	B	-0.2%
LIN	D	-0.19%
ALKS	B	-0.19%
ADI	D	-0.15%
ROP	B	-0.14%
NCNO	B	-0.13%
L	A	-0.11%
CWAN	B	-0.09%