BELT vs. FDG ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to American Century Focused Dynamic Growth ETF (FDG)

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

$30.57

Average Daily Volume

1,007

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDG

American Century Focused Dynamic Growth ETF

FDG Description

The investment seeks long-term capital growth. The fund will invest primarily in securities of large cap companies, but may invest in companies of any market capitalization. It normally invests in a relatively limited number of companies, generally 30 to 45 securities, but may incorporate more securities to account for liquidity constraints. The fund will invest principally in U.S. exchange-listed common stocks and American Depositary Receipts (ADRs).

Grade (RS Rating)

Last Trade

$102.44

Average Daily Volume

15,724

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	FDG
30 Days	1.43%	9.64%
60 Days	3.61%	14.56%
90 Days	4.16%	13.90%
12 Months		55.92%

9 Overlapping Holdings

Symbol	Grade	Weight in BELT	Weight in FDG	Overlap
CDNS	B	5.19%	2.37%	2.37%
CMG	B	3.87%	3.16%	3.16%
GOOG	C	7.62%	5.17%	5.17%
ISRG	A	4.18%	2.59%	2.59%
MA	B	6.94%	3.27%	3.27%
META	B	8.59%	5.7%	5.7%
MSFT	C	12.99%	4.97%	4.97%
NVDA	A	2.43%	16.16%	2.43%
SPGI	C	5.0%	0.34%	0.34%

BELT Overweight 11 Positions Relative to FDG

Symbol	Grade	Weight
NVO	F	5.66%
TT	B	4.7%
IR	A	4.16%
INTU	A	3.82%
HWM	B	3.7%
TMO	F	3.43%
MASI	B	3.24%
ADI	D	3.08%
FND	F	2.86%
ENTG	F	2.84%
LRCX	F	2.54%

BELT Underweight 28 Positions Relative to FDG

Symbol	Grade	Weight
AMZN	A	-9.51%
TSLA	B	-6.4%
CRM	B	-3.98%
NFLX	A	-3.67%
REGN	F	-3.09%
ALNY	D	-3.03%
MPWR	F	-2.27%
STZ	D	-2.18%
ARGX	B	-1.91%
SQ	B	-1.74%
WHD	B	-1.73%
SHOP	B	-1.69%
HUBS	B	-1.68%
OKTA	C	-1.63%
ASND	F	-1.32%
RKLB	B	-1.15%
WAB	B	-1.15%
BPMC	C	-1.14%
DOCU	B	-0.94%
V	A	-0.93%
DASH	A	-0.78%
PCTY	B	-0.76%
ARM	D	-0.7%
VRSK	A	-0.69%
GGG	B	-0.46%
SAM	B	-0.34%
KNSL	C	-0.15%
SPOT	A	-0.07%