BELT vs. XHB ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to SPDR Homebuilders ETF (XHB)

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

$30.49

Average Daily Volume

992

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XHB

SPDR Homebuilders ETF

XHB Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the homebuilding segment of a U.S. total market composite index. In seeking to track the performance of the S&P Homebuilders Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the homebuilders industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$119.94

Average Daily Volume

1,877,018

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	XHB
30 Days	2.62%	1.70%
60 Days	1.68%	-2.77%
90 Days	3.14%	0.71%
12 Months		46.74%

2 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in XHB	Overlap
	FND	C	2.56%	3.06%	2.56%
	TT	A	4.96%	3.85%	3.85%

BELT Overweight 18 Positions Relative to XHB

Symbol	Grade	Weight
MSFT	F	12.96%
META	D	8.52%
GOOG	C	7.72%
MA	C	6.87%
NVO	D	5.28%
CDNS	B	5.26%
SPGI	C	5.04%
IR	B	4.4%
ISRG	A	4.24%
INTU	C	4.18%
HWM	A	4.11%
CMG	B	3.9%
MASI	A	3.4%
TMO	F	3.21%
ENTG	D	2.84%
ADI	D	2.8%
NVDA	C	2.5%
LRCX	F	2.43%

BELT Underweight 33 Positions Relative to XHB

Symbol	Grade	Weight
OC	A	-4.03%
JCI	C	-4.01%
CSL	C	-3.74%
HD	A	-3.65%
LOW	D	-3.62%
LII	A	-3.57%
TOL	B	-3.5%
TMHC	B	-3.49%
ALLE	D	-3.42%
MAS	D	-3.37%
BLDR	D	-3.37%
CARR	D	-3.35%
NVR	D	-3.35%
BLD	D	-3.21%
IBP	D	-3.18%
PHM	D	-3.17%
KBH	D	-3.12%
AOS	F	-3.12%
LEN	D	-3.12%
WSM	B	-3.09%
MTH	D	-3.04%
WMS	D	-3.01%
DHI	D	-2.87%
MHO	D	-2.38%
SKY	A	-2.26%
TPH	D	-2.22%
GRBK	D	-1.79%
CVCO	A	-1.73%
CCS	D	-1.53%
LGIH	D	-1.38%
BZH	B	-0.83%
HOV	D	-0.83%
DFH	D	-0.73%