BALI vs. TXS ETF Comparison

Comparison of BlackRock Advantage Large Cap Income ETF (BALI) to Texas Capital Texas Equity Index ETF (TXS)

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

TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$34.84

Average Daily Volume

2,919

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	BALI	TXS
30 Days	2.84%	12.19%
60 Days	3.90%	11.01%
90 Days	5.67%	14.42%
12 Months	27.77%	43.77%

15 Overlapping Holdings

Symbol	Grade	Weight in BALI	Weight in TXS	Overlap
COP	C	0.5%	1.95%	0.5%
CPT	B	0.18%	0.81%	0.18%
CRWD	B	0.23%	4.06%	0.23%
DHI	D	0.07%	1.86%	0.07%
HAL	C	0.39%	0.39%	0.39%
HESM	B	0.46%	0.05%	0.05%
KMB	D	1.01%	0.28%	0.28%
KMI	A	0.11%	1.89%	0.11%
MCK	B	0.21%	3.82%	0.21%
NTRA	B	0.33%	0.11%	0.11%
T	A	1.07%	1.31%	1.07%
TSLA	B	1.06%	5.5%	1.06%
WING	D	0.22%	1.64%	0.22%
WM	A	1.22%	3.35%	1.22%
XOM	B	0.4%	3.28%	0.4%

BALI Overweight 134 Positions Relative to TXS

Symbol	Grade	Weight
AAPL	C	7.52%
NVDA	C	7.31%
MSFT	F	7.07%
AMZN	C	4.94%
GOOGL	C	3.06%
MA	C	1.81%
GOOG	C	1.67%
META	D	1.57%
CVX	A	1.53%
MRK	F	1.35%
V	A	1.33%
GILD	C	1.32%
PM	B	1.26%
WMT	A	1.22%
MMC	B	1.22%
PGR	A	1.2%
PFE	D	1.19%
SHW	A	1.18%
JPM	A	1.16%
CTAS	B	1.15%
UPS	C	1.13%
CME	A	1.12%
CAH	B	1.12%
OMF	A	1.1%
LMT	D	1.09%
RSG	A	1.06%
C	A	1.05%
QCOM	F	1.02%
FTNT	C	1.0%
PNW	B	1.0%
UNH	C	0.98%
LLY	F	0.94%
MDT	D	0.93%
VZ	C	0.93%
CMCSA	B	0.9%
CL	D	0.87%
BRK.A	B	0.84%
KR	B	0.83%
F	C	0.82%
NOC	D	0.82%
MO	A	0.8%
TFC	A	0.65%
AVGO	D	0.64%
AMGN	D	0.62%
LRCX	F	0.59%
HCA	F	0.57%
MSI	B	0.56%
TXRH	C	0.54%
ADBE	C	0.52%
CCEP	C	0.47%
UTHR	C	0.46%
SYK	C	0.45%
EXPD	D	0.44%
NBIX	C	0.44%
FE	C	0.42%
MANH	D	0.41%
TT	A	0.4%
LDOS	C	0.4%
ALL	A	0.4%
MU	D	0.37%
NOW	A	0.37%
ETN	A	0.36%
CSCO	B	0.36%
ES	D	0.35%
TRV	B	0.34%
TJX	A	0.34%
EXC	C	0.31%
MTN	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%
SPG	B	0.23%
HAS	D	0.21%
ELV	F	0.2%
PCAR	B	0.2%
EXEL	B	0.18%
NFLX	A	0.15%
PG	A	0.15%
AVB	B	0.15%
OHI	C	0.15%
TSCO	D	0.14%
GD	F	0.14%
BSX	B	0.14%
INCY	C	0.14%
BKNG	A	0.13%
CI	F	0.12%
SMAR	A	0.12%
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%
K	A	0.04%
DOC	D	0.04%
GWW	B	0.03%
BIIB	F	0.03%
JNJ	D	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%
SON	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%
CAG	D	0.01%
FOXA	B	0.0%
TSN	B	0.0%
BBY	D	0.0%
MCD	D	0.0%
EQIX	A	0.0%
RGA	A	0.0%
COST	B	0.0%

BALI Underweight 182 Positions Relative to TXS

Symbol	Grade	Weight
THC	D	-4.2%
SCHW	B	-4.06%
DLR	B	-4.02%
CCI	D	-2.93%
GME	C	-2.92%
CBRE	B	-2.56%
LNG	B	-2.46%
ORCL	B	-2.37%
TPL	A	-1.96%
SYY	B	-1.88%
SCI	B	-1.85%
PWR	A	-1.84%
GPI	A	-1.58%
TRGP	B	-1.43%
TYL	B	-1.31%
RUSHA	C	-1.23%
INVH	D	-1.23%
EOG	A	-1.14%
TXN	C	-1.13%
CAT	B	-1.09%
J	F	-0.96%
ASO	F	-0.95%
SLB	C	-0.92%
EAT	A	-0.91%
VST	B	-0.84%
ACM	A	-0.78%
PLAY	D	-0.71%
LUV	C	-0.69%
FIX	A	-0.63%
ADUS	D	-0.62%
BKR	B	-0.61%
OXY	D	-0.51%
FLR	B	-0.48%
FANG	D	-0.47%
KBR	F	-0.42%
CPRT	A	-0.41%
SBH	C	-0.4%
USPH	B	-0.39%
ATO	A	-0.39%
CNP	B	-0.35%
AAL	B	-0.33%
PSX	C	-0.32%
GL	B	-0.31%
NRG	B	-0.31%
CRBG	B	-0.31%
CMA	A	-0.3%
CFR	B	-0.27%
CTRA	B	-0.27%
HHH	B	-0.27%
KEX	C	-0.26%
VLO	C	-0.26%
PB	A	-0.24%
MRO	B	-0.23%
STRL	B	-0.22%
DELL	C	-0.21%
COOP	B	-0.2%
IESC	B	-0.2%
TPG	A	-0.19%
PRIM	A	-0.16%
HPE	B	-0.16%
PR	B	-0.14%
FFIN	B	-0.14%
AGL	F	-0.14%
NSP	D	-0.14%
XPEL	C	-0.14%
LII	A	-0.13%
BLDR	D	-0.13%
GRBK	D	-0.12%
CHRD	D	-0.12%
RRC	B	-0.12%
IBOC	A	-0.12%
APA	D	-0.12%
OMCL	C	-0.11%
LUNR	B	-0.1%
MTDR	B	-0.1%
LGIH	D	-0.09%
WFRD	D	-0.09%
GSHD	A	-0.09%
KNTK	B	-0.09%
AAOI	B	-0.09%
VCTR	B	-0.09%
POWL	C	-0.08%
DNOW	B	-0.08%
USLM	A	-0.08%
NTST	D	-0.08%
STC	B	-0.07%
RICK	C	-0.07%
EE	A	-0.07%
MUR	D	-0.07%
TFIN	A	-0.07%
NXRT	B	-0.07%
ANET	C	-0.07%
FYBR	D	-0.07%
MGY	A	-0.07%
ACA	A	-0.07%
CSV	B	-0.07%
IBTX	B	-0.07%
DAR	C	-0.06%
BMBL	C	-0.06%
OIS	C	-0.06%
SABR	C	-0.06%
CSWI	A	-0.06%
PX	A	-0.06%
FFWM	C	-0.06%
MRC	B	-0.06%
SKWD	A	-0.06%
FLS	B	-0.06%
WTTR	B	-0.06%
GLDD	B	-0.06%
TH	C	-0.06%
CRGY	B	-0.06%
PRO	C	-0.06%
TTI	C	-0.06%
CRK	B	-0.06%
QTWO	A	-0.06%
EXP	A	-0.06%
SAVA	D	-0.06%
XPRO	F	-0.06%
MTCH	D	-0.06%
UEC	B	-0.06%
DXPE	B	-0.06%
YETI	C	-0.05%
INN	D	-0.05%
HTH	B	-0.05%
PTEN	C	-0.05%
DINO	D	-0.05%
CECO	A	-0.05%
TALO	C	-0.05%
ATI	D	-0.05%
GDOT	D	-0.05%
NXST	C	-0.05%
BIGC	C	-0.05%
THR	B	-0.05%
HLX	B	-0.05%
GRNT	B	-0.05%
PUMP	B	-0.05%
SWI	B	-0.05%
ITGR	B	-0.05%
CHX	C	-0.05%
VTOL	B	-0.05%
EZPW	A	-0.05%
AZZ	B	-0.05%
WSR	A	-0.05%
SBSI	B	-0.05%
CNK	B	-0.05%
TASK	C	-0.05%
UPBD	B	-0.05%
ALG	B	-0.05%
CE	F	-0.05%
NX	C	-0.05%
WHD	B	-0.05%
OII	B	-0.05%
CMC	B	-0.05%
ALKT	B	-0.05%
VBTX	B	-0.05%
AROC	B	-0.05%
TRN	C	-0.05%
APLD	A	-0.05%
THRY	F	-0.04%
BRY	F	-0.04%
DIOD	D	-0.04%
CVI	F	-0.04%
TSHA	C	-0.04%
TDW	F	-0.04%
CSTL	D	-0.04%
VITL	D	-0.04%
HUN	F	-0.04%
WLK	D	-0.04%
SLAB	D	-0.04%
PARR	D	-0.04%
FOR	F	-0.04%
EGY	D	-0.04%
NR	B	-0.04%
NOV	C	-0.04%
AESI	B	-0.04%
LXRX	F	-0.03%
ETWO	F	-0.03%
SVRA	D	-0.03%
CRUS	D	-0.03%
AMN	F	-0.03%
APPS	F	-0.02%
NOVA	F	-0.01%