BELT vs. FCLD ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Fidelity Cloud Computing ETF (FCLD)

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

$30.71

Average Daily Volume

941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCLD

Fidelity Cloud Computing ETF

FCLD Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet

Grade (RS Rating)

Last Trade

$29.56

Average Daily Volume

14,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	FCLD
30 Days	3.12%	17.07%
60 Days	1.34%	21.79%
90 Days	4.29%	25.56%
12 Months		43.71%

2 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in FCLD	Overlap
	INTU	C	3.89%	3.9%	3.89%
	MSFT	D	12.99%	3.74%	3.74%

BELT Overweight 18 Positions Relative to FCLD

Symbol	Grade	Weight
META	D	8.41%
GOOG	C	7.84%
MA	B	6.98%
CDNS	B	5.25%
NVO	F	5.18%
SPGI	C	5.06%
TT	B	5.03%
IR	A	4.4%
ISRG	C	4.34%
HWM	B	4.21%
CMG	B	3.94%
MASI	A	3.51%
TMO	F	3.07%
ADI	D	2.83%
ENTG	D	2.74%
NVDA	C	2.57%
FND	C	2.54%
LRCX	F	2.35%

BELT Underweight 46 Positions Relative to FCLD

Symbol	Grade	Weight
MSTR	C	-7.04%
ORCL	C	-4.91%
CRM	B	-4.86%
NOW	B	-4.54%
EQIX	A	-3.19%
DLR	A	-3.02%
TEAM	B	-2.99%
HUBS	B	-2.71%
DDOG	A	-2.66%
SNOW	C	-2.58%
WDAY	C	-2.57%
TWLO	B	-2.35%
HPE	B	-2.28%
ZM	B	-2.04%
NTAP	C	-2.04%
DAY	A	-1.91%
WDC	C	-1.86%
XRX	F	-1.86%
FFIV	A	-1.83%
NTNX	B	-1.83%
MDB	C	-1.8%
STX	D	-1.75%
PSTG	D	-1.72%
CFLT	B	-1.61%
DT	C	-1.58%
ESTC	C	-1.48%
CVLT	B	-1.43%
DBX	C	-1.36%
GTLB	C	-1.35%
AI	B	-1.3%
PEGA	A	-1.21%
PATH	C	-1.17%
VERX	A	-1.17%
BOX	A	-1.14%
SMCI	D	-1.14%
FIVN	C	-1.11%
RNG	B	-1.08%
TDC	D	-1.0%
FROG	C	-0.96%
DOCN	D	-0.86%
PD	C	-0.82%
VNET	C	-0.71%
INFA	D	-0.71%
VRNT	C	-0.69%
FSLY	D	-0.66%
SWI	B	-0.6%