BELT vs. XLF ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to SPDR Select Sector Fund - Financial (XLF)

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

$30.04

Average Daily Volume

996

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XLF

SPDR Select Sector Fund - Financial

XLF Description

The investment seeks investment results that, before expenses, correspond to the price and yield performance of publicly traded equity securities of companies in The Financial Select Sector Index. In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; REITs; consumer finance; thrifts & mortgage finance; and real estate management & development. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.35

Average Daily Volume

38,808,333

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	XLF
30 Days	0.73%	4.87%
60 Days	0.98%	8.89%
90 Days	2.70%	12.87%
12 Months		43.33%

2 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in XLF	Overlap
	MA	B	6.87%	6.24%	6.24%
	SPGI	D	5.04%	2.38%	2.38%

BELT Overweight 18 Positions Relative to XLF

Symbol	Grade	Weight
MSFT	D	12.96%
META	C	8.52%
GOOG	B	7.72%
NVO	D	5.28%
CDNS	B	5.26%
TT	A	4.96%
IR	B	4.4%
ISRG	A	4.24%
INTU	B	4.18%
HWM	A	4.11%
CMG	C	3.9%
MASI	B	3.4%
TMO	D	3.21%
ENTG	F	2.84%
ADI	D	2.8%
FND	D	2.56%
NVDA	A	2.5%
LRCX	F	2.43%

BELT Underweight 70 Positions Relative to XLF

Symbol	Grade	Weight
BRK.A	B	-12.45%
JPM	B	-10.0%
V	A	-7.49%
BAC	A	-4.5%
WFC	A	-3.6%
GS	B	-2.7%
MS	B	-2.4%
AXP	B	-2.36%
PGR	B	-2.19%
BLK	B	-2.12%
BX	A	-1.9%
C	B	-1.89%
FI	A	-1.76%
SCHW	A	-1.74%
MMC	D	-1.58%
CB	D	-1.57%
KKR	B	-1.48%
ICE	D	-1.31%
PYPL	B	-1.27%
PNC	B	-1.2%
AON	B	-1.19%
CME	A	-1.17%
USB	A	-1.14%
MCO	B	-1.1%
COF	B	-1.02%
AJG	A	-0.94%
TFC	B	-0.9%
TRV	B	-0.85%
BK	B	-0.83%
AMP	A	-0.8%
AFL	C	-0.8%
ALL	A	-0.75%
MET	A	-0.71%
AIG	D	-0.71%
FIS	C	-0.7%
MSCI	C	-0.69%
PRU	B	-0.65%
DFS	B	-0.63%
ACGL	D	-0.54%
MTB	A	-0.52%
HIG	A	-0.5%
NDAQ	A	-0.47%
FITB	B	-0.46%
WTW	B	-0.46%
GPN	C	-0.43%
RJF	A	-0.43%
STT	A	-0.41%
TROW	B	-0.39%
BRO	B	-0.38%
HBAN	B	-0.37%
SYF	B	-0.37%
CPAY	A	-0.37%
RF	A	-0.35%
CINF	A	-0.34%
NTRS	A	-0.31%
CBOE	C	-0.3%
CFG	B	-0.3%
PFG	C	-0.27%
FDS	B	-0.27%
KEY	B	-0.26%
WRB	A	-0.26%
EG	C	-0.23%
L	A	-0.22%
JKHY	D	-0.18%
AIZ	A	-0.16%
MKTX	D	-0.15%
ERIE	D	-0.15%
GL	C	-0.14%
IVZ	B	-0.12%
BEN	C	-0.1%