BELT vs. SUPP ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Engine No. 1 Transform Supply Chain ETF (SUPP)

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

SUPP

Engine No. 1 Transform Supply Chain ETF

SUPP Description

The fund is an actively managed exchange-traded fund ("ETF") that invests in U.S.-listed equity, ADR securities, and non-U.S. developed and emerging market-listed securities, which over time may vary as market and investment opportunities change. The fund may also enter into currency-related spot transactions when it transacts in equities denominated in foreign currencies or invest in certain derivative instruments, such as currency futures or forwards that will help the adviser manage risk associated with foreign currency exposure, if any, or futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.46

Average Daily Volume

996

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	SUPP
30 Days	1.17%	1.01%
60 Days	1.28%	3.56%
90 Days	2.70%	4.89%
12 Months		30.86%

3 Overlapping Holdings

Symbol	Grade	Weight in BELT	Weight in SUPP	Overlap
LRCX	F	2.43%	1.27%	1.27%
NVDA	B	2.5%	6.33%	2.5%
TT	A	4.96%	5.17%	4.96%

BELT Overweight 17 Positions Relative to SUPP

Symbol	Grade	Weight
MSFT	D	12.96%
META	D	8.52%
GOOG	C	7.72%
MA	B	6.87%
NVO	F	5.28%
CDNS	B	5.26%
SPGI	C	5.04%
IR	B	4.4%
ISRG	A	4.24%
INTU	B	4.18%
HWM	A	4.11%
CMG	B	3.9%
MASI	B	3.4%
TMO	F	3.21%
ENTG	D	2.84%
ADI	D	2.8%
FND	D	2.56%

BELT Underweight 14 Positions Relative to SUPP

Symbol	Grade	Weight
WCN	A	-9.25%
WSC	F	-7.52%
MLM	C	-6.91%
TSM	B	-6.71%
TDG	D	-6.36%
ETN	A	-5.67%
VMC	B	-5.45%
PTC	B	-5.27%
WM	B	-3.96%
MU	D	-3.16%
WMS	F	-2.82%
CSX	C	-2.54%
SAIA	B	-1.37%
URI	C	-1.04%