BPAY vs. TGLR ETF Comparison

Comparison of BlackRock Future Financial and Technology ETF (BPAY) to LAFFER TENGLER Equity Income ETF (TGLR)

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

$23.99

Average Daily Volume

316

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

TGLR

LAFFER TENGLER Equity Income ETF

TGLR Description

TGLR aims to provide long-term capital appreciation by actively selecting between 25-35 US large-cap stocks. The stocks selected are expected to produce above-market dividend yield with low turnover. The strategy is based on two valuation metrics the sub-adviser believes to be consistent indicators of company value: relative dividend yield and relative price-to-sales ratio. The metrics help determine over- and under valuation, security by security. The sub-adviser then conducts proprietary fundamental factor research to identify stocks for portfolio selection. The research considers both qualitative and quantitative factors such as: catalyst for outperformance, franchise value and market growth, firm management, sales or revenue growth, margins, positive free cash flow, dividend growth, P/E, asset turnover, leverage, and risk. The primary indicator for a stock sell is when the stocks dividend yield is lower than the S&P 500 Index, a sell range is determined.

Grade (RS Rating)

Last Trade

$26.87

Average Daily Volume

3,760

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	BPAY	TGLR
30 Days	3.39%	3.71%
60 Days	-3.49%	-1.14%
90 Days	-0.44%	0.79%
12 Months	22.85%

1 Overlapping Holdings

	Symbol	Grade	Weight in BPAY	Weight in TGLR	Overlap
	AXP	A	4.37%	4.78%	4.37%

BPAY Overweight 7 Positions Relative to TGLR

	Symbol	Grade	Weight
	FIS	A	4.91%
	WEX	D	4.67%
	KSPI	B	4.63%
	GPN	F	4.29%
	SCHW	A	4.07%
	FI	C	3.95%
	FOUR	D	3.25%

BPAY Underweight 9 Positions Relative to TGLR

	Symbol	Grade	Weight
	AVGO	C	-5.26%
	MSFT	C	-4.86%
	ORCL	D	-4.71%
	JPM	A	-4.27%
	MCD	D	-4.25%
	HD	D	-4.11%
	CARR	A	-3.99%
	ABBV	D	-3.84%
	CVX	A	-3.78%

BPAY: Top Represented Industries & Keywords

Industries: Business Services Software - Infrastructure Capital Markets Credit Services

Keywords: Payment Systems S&P 500 Credit Card Transaction Processing Transaction Processing Services Banking Card Processing Card Products Debit Card E-Commerce IBD 50 Payment Card Payment Processing Payment Solutions Risk Management ATM Bank Banking Bpo Services Banking Products Broker Dealer

TGLR: Top Represented Industries & Keywords

Industries: Software - Infrastructure Banks - Global Building Products & Equipment Credit Services Drug Manufacturers - Major Home Improvement Stores Oil & Gas Integrated Restaurants Semiconductors

Keywords: S&P 500 Dow Jones Component Work From Home CRM Cash Management Computing Internet Access Magazines Nasdaq 100 Operating System Plastic Software Software Development Sql Access Control Access Control Systems Access Management Adalimumab Advanced Prostate Cancer Alarms