BCHP vs. BELT ETF Comparison

Comparison of Principal Focused Blue Chip ETF (BCHP) to BlackRock Long-Term U.S. Equity ETF (BELT)

BCHP

Principal Focused Blue Chip ETF

BCHP Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with large market capitalizations at the time of purchase that, in the opinion of Principal Global Investors, LLC ("PGI"), the fund"s investment advisor, display characteristics of a "blue chip" company. Blue chip companies are firms that, in PGI"s view, are well established in their industries and have the potential for growth of capital and an expectation for above-average earnings. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.97

Average Daily Volume

5,845

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BELT

BlackRock Long-Term U.S. Equity ETF

BELT Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. issuers and derivatives with similar economic characteristics. It may invest up to 20% of its assets in equity securities of foreign issuers, including ADRs and GDRs. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.36

Average Daily Volume

990

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BCHP	BELT
30 Days	2.39%	1.17%
60 Days	2.42%	1.28%
90 Days	5.95%	2.70%
12 Months	23.68%

6 Overlapping Holdings

Symbol	Grade	Weight in BCHP	Weight in BELT	Overlap
CDNS	B	1.91%	5.26%	1.91%
GOOG	C	11.03%	7.72%	7.72%
INTU	B	3.69%	4.18%	3.69%
MA	B	7.07%	6.87%	6.87%
MSFT	D	13.49%	12.96%	12.96%
TMO	F	2.27%	3.21%	2.27%

BCHP Overweight 16 Positions Relative to BELT

Symbol	Grade	Weight
AMZN	C	11.66%
TDG	D	4.9%
PGR	A	4.88%
V	A	4.79%
DHR	F	4.47%
ADBE	C	3.24%
NFLX	A	3.18%
HLT	A	3.0%
CSGP	D	2.67%
ROP	B	2.57%
ORLY	B	2.39%
ZTS	D	2.35%
SCHW	B	2.13%
CPRT	B	2.07%
AMT	C	1.0%
APH	A	0.0%

BCHP Underweight 14 Positions Relative to BELT

Symbol	Grade	Weight
META	D	-8.52%
NVO	F	-5.28%
SPGI	C	-5.04%
TT	A	-4.96%
IR	B	-4.4%
ISRG	A	-4.24%
HWM	A	-4.11%
CMG	B	-3.9%
MASI	B	-3.4%
ENTG	D	-2.84%
ADI	D	-2.8%
FND	D	-2.56%
NVDA	B	-2.5%
LRCX	F	-2.43%