DYNF vs. WOMN ETF Comparison

Comparison of BlackRock U.S. Equity Factor Rotation ETF (DYNF) to Impact Shares YWCA Womenas Empowerment ETF (WOMN)

DYNF

BlackRock U.S. Equity Factor Rotation ETF

DYNF Description

The investment seeks to outperform the investment results of the large- and mid-capitalization U.S. equity markets by providing diversified and tactical exposure to style factors via a factor rotation model. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock of large- and mid-capitalization companies selected based on a proprietary Factor Rotation model developed by BFA and its affiliates. It is non-diversified.

Grade (RS Rating)

Last Trade

$52.15

Average Daily Volume

1,194,250

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WOMN

Impact Shares YWCA Womenas Empowerment ETF

WOMN Description

The investment seeks investment results that, before fees and expenses, track the performance of the Morningstar® Women's Empowerment Index (the "underlying index"). The fund will, under normal circumstances, invest at least 80% of its total assets plus any borrowings for investment purposes (the "80% basket") in component securities of the underlying index. The underlying index is designed to measure the performance of U.S. large and mid- capitalization companies that are "empowering to women," and to exhibit risk and return characteristics similar to those of the Morningstar US Large-Mid Cap ® Index (the "parent index"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.79

Average Daily Volume

1,896

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

Performance

Period	DYNF	WOMN
30 Days	3.39%	2.87%
60 Days	5.74%	2.73%
90 Days	7.44%	5.77%
12 Months	39.86%	26.34%

33 Overlapping Holdings

Symbol	Grade	Weight in DYNF	Weight in WOMN	Overlap
AAPL	C	7.05%	5.02%	5.02%
AMZN	C	4.59%	4.47%	4.47%
AXP	A	0.22%	0.7%	0.22%
BAC	A	3.44%	1.25%	1.25%
C	A	0.26%	0.56%	0.26%
CRM	B	1.46%	2.27%	1.46%
CSCO	B	1.44%	1.92%	1.44%
CVX	A	0.32%	1.31%	0.32%
ETN	A	1.41%	0.59%	0.59%
GE	D	0.77%	0.88%	0.77%
GM	B	0.8%	0.49%	0.49%
HIG	B	1.96%	0.16%	0.16%
HPE	B	0.0%	0.19%	0.0%
INTU	C	0.51%	1.56%	0.51%
JNJ	D	1.76%	1.82%	1.76%
LLY	F	1.05%	3.49%	1.05%
MA	C	1.82%	1.77%	1.77%
MET	A	0.0%	0.22%	0.0%
META	D	3.85%	4.85%	3.85%
MSFT	F	7.22%	2.49%	2.49%
NFLX	A	1.06%	0.72%	0.72%
NOW	A	1.71%	1.42%	1.42%
PG	A	1.92%	1.82%	1.82%
PGR	A	1.79%	0.67%	0.67%
TMUS	B	1.76%	0.36%	0.36%
TT	A	1.17%	0.39%	0.39%
UNH	C	2.65%	2.47%	2.47%
V	A	2.41%	1.94%	1.94%
WDAY	B	0.0%	0.51%	0.0%
WM	A	0.17%	0.37%	0.17%
WMT	A	1.68%	0.73%	0.73%
WTW	B	0.0%	0.13%	0.0%
XOM	B	4.08%	2.53%	2.53%

DYNF Overweight 36 Positions Relative to WOMN

Symbol	Grade	Weight
NVDA	C	9.32%
LEN	D	3.9%
GOOGL	C	3.2%
JPM	A	2.95%
COST	B	2.85%
TSLA	B	1.89%
BRK.A	B	1.79%
BKNG	A	1.64%
GOOG	C	1.55%
DUK	C	1.5%
AVGO	D	1.5%
CAT	B	1.43%
TRV	B	1.37%
PCAR	B	0.94%
PH	A	0.53%
BSX	B	0.43%
T	A	0.41%
ACGL	D	0.4%
PHM	D	0.26%
MPC	D	0.22%
RTX	C	0.16%
APH	A	0.14%
TJX	A	0.1%
ORCL	B	0.09%
PANW	C	0.02%
SO	D	0.01%
CPNG	D	0.0%
M	D	0.0%
SNOW	C	0.0%
NU	C	0.0%
DELL	C	0.0%
VLO	C	0.0%
NTNX	A	0.0%
QCOM	F	0.0%
EG	C	0.0%
TRGP	B	0.0%

DYNF Underweight 165 Positions Relative to WOMN

Symbol	Grade	Weight
ADBE	C	-2.23%
MCD	D	-2.04%
ACN	C	-1.9%
IBM	C	-1.64%
ABBV	D	-1.55%
MRK	F	-1.3%
KO	D	-1.25%
UBER	D	-1.22%
PEP	F	-1.17%
SBUX	A	-1.03%
WFC	A	-0.95%
AMGN	D	-0.82%
VZ	C	-0.82%
INTC	D	-0.81%
UNP	C	-0.71%
SPGI	C	-0.7%
COP	C	-0.65%
MSI	B	-0.63%
MS	A	-0.6%
BLK	C	-0.6%
ELV	F	-0.59%
REGN	F	-0.55%
VRTX	F	-0.54%
CI	F	-0.5%
ADP	B	-0.5%
AMT	D	-0.49%
MDLZ	F	-0.47%
F	C	-0.46%
GILD	C	-0.46%
ADSK	A	-0.45%
TEL	B	-0.43%
BMY	B	-0.43%
UPS	C	-0.43%
EQIX	A	-0.39%
CL	D	-0.39%
TGT	F	-0.36%
HPQ	B	-0.36%
MPWR	F	-0.36%
YUM	B	-0.36%
USB	A	-0.35%
PYPL	B	-0.34%
MMM	D	-0.33%
WELL	A	-0.33%
MCO	B	-0.33%
LULU	C	-0.29%
EBAY	D	-0.29%
DECK	A	-0.28%
EMR	A	-0.28%
APD	A	-0.27%
ECL	D	-0.27%
PSX	C	-0.26%
CARR	D	-0.26%
HUBS	A	-0.26%
NEM	D	-0.26%
NSC	B	-0.25%
KEYS	A	-0.25%
ANSS	B	-0.25%
FTV	C	-0.24%
AIG	B	-0.24%
WMB	A	-0.24%
COF	B	-0.24%
D	C	-0.23%
SRE	A	-0.23%
AEP	D	-0.23%
KMB	D	-0.22%
JCI	C	-0.22%
BK	A	-0.22%
TYL	B	-0.22%
AMP	A	-0.21%
ALL	A	-0.21%
CMI	A	-0.2%
RSG	A	-0.19%
EXC	C	-0.19%
GIS	D	-0.19%
GWW	B	-0.19%
PRU	A	-0.19%
PEG	A	-0.18%
CTVA	C	-0.18%
PCG	A	-0.18%
PAYX	C	-0.18%
VRSK	A	-0.17%
KR	B	-0.17%
BKR	B	-0.17%
DOW	F	-0.17%
DASH	A	-0.17%
OXY	D	-0.17%
BBY	D	-0.16%
KHC	F	-0.16%
ED	D	-0.16%
EA	A	-0.16%
IR	B	-0.16%
CBRE	B	-0.16%
EIX	B	-0.15%
IRM	D	-0.15%
ADM	D	-0.15%
DD	D	-0.15%
XYL	D	-0.15%
EXPE	B	-0.15%
WSM	B	-0.15%
GPN	B	-0.14%
ROK	B	-0.14%
OKTA	C	-0.14%
VST	B	-0.14%
CAH	B	-0.13%
HSY	F	-0.13%
A	D	-0.13%
FITB	A	-0.13%
BIIB	F	-0.13%
PPG	F	-0.13%
IFF	D	-0.12%
ETR	B	-0.12%
DAL	C	-0.12%
VTR	C	-0.11%
SCI	B	-0.11%
EL	F	-0.11%
STT	A	-0.11%
TROW	B	-0.11%
CHD	B	-0.11%
AWK	D	-0.11%
RF	A	-0.1%
RJF	A	-0.1%
PPL	B	-0.1%
CMS	C	-0.09%
SYF	B	-0.09%
BAX	D	-0.09%
OMC	C	-0.09%
BAH	F	-0.09%
INVH	D	-0.09%
K	A	-0.09%
HBAN	A	-0.09%
BMRN	D	-0.08%
CNP	B	-0.08%
KEY	B	-0.08%
DAY	B	-0.08%
PFG	D	-0.08%
PINS	D	-0.08%
NTRS	A	-0.08%
ESS	B	-0.08%
TRU	D	-0.08%
CLX	B	-0.08%
SWK	D	-0.07%
CAG	D	-0.07%
LNT	A	-0.07%
OC	A	-0.07%
LUV	C	-0.07%
DOC	D	-0.07%
HST	C	-0.06%
IPG	D	-0.06%
SJM	D	-0.06%
CE	F	-0.06%
NI	A	-0.06%
ETSY	D	-0.06%
PNR	A	-0.06%
TAP	C	-0.05%
CPB	D	-0.05%
REXR	F	-0.05%
ALB	C	-0.05%
ELS	C	-0.05%
Z	A	-0.04%
CFG	B	-0.04%
PNW	B	-0.04%
MTCH	D	-0.04%
RHI	B	-0.03%
AGR	B	-0.01%
ZG	A	-0.01%