BPAY vs. IAI ETF Comparison

Comparison of BlackRock Future Financial and Technology ETF (BPAY) to iShares U.S. Broker-Dealers ETF (IAI)

BPAY

BlackRock Future Financial and Technology ETF

BPAY Description

The BlackRock Future Financial Technology ETF seeks to maximize total return by investing in the companies delivering innovative and emerging technologies used in the financial services industry.

Grade (RS Rating)

Last Trade

$26.85

Average Daily Volume

205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$150.77

Average Daily Volume

101,301

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BPAY	IAI
30 Days	5.10%	10.55%
60 Days	7.31%	18.10%
90 Days	8.71%	19.69%
12 Months	31.95%	57.52%

1 Overlapping Holdings

	Symbol	Grade	Weight in BPAY	Weight in IAI	Overlap
	SCHW	B	5.15%	4.88%	4.88%

BPAY Overweight 21 Positions Relative to IAI

Symbol	Grade	Weight
DFS	B	6.11%
COF	C	6.07%
SYF	B	6.05%
GPN	B	5.0%
PYPL	B	4.92%
FI	A	4.5%
WEX	D	3.25%
SQ	A	2.98%
FOUR	A	2.87%
AXP	A	2.62%
RPAY	D	2.53%
FIS	C	2.49%
PAYO	A	2.49%
AX	B	2.32%
NU	C	2.24%
LOB	C	1.6%
CCB	A	1.45%
MA	B	1.15%
HCI	C	1.15%
V	A	1.14%
BLND	A	1.02%

BPAY Underweight 31 Positions Relative to IAI

Symbol	Grade	Weight
GS	A	-14.35%
MS	A	-12.73%
SPGI	C	-12.62%
COIN	C	-6.64%
MSCI	C	-4.03%
NDAQ	A	-3.87%
CME	B	-3.82%
MCO	B	-3.78%
ICE	C	-3.67%
RJF	A	-3.56%
LPLA	A	-2.81%
HOOD	B	-2.74%
CBOE	C	-2.48%
IBKR	A	-2.32%
FDS	B	-2.25%
TW	A	-1.8%
JEF	A	-1.44%
SF	B	-1.43%
EVR	B	-1.29%
MKTX	D	-1.2%
HLI	A	-1.18%
MORN	B	-1.11%
LAZ	B	-0.76%
PIPR	A	-0.64%
PJT	A	-0.47%
MC	C	-0.47%
BGC	C	-0.43%
VIRT	A	-0.37%
SNEX	A	-0.33%
DFIN	D	-0.2%
LPRO	B	-0.08%