FXED vs. BRLN ETF Comparison

Comparison of Sound Enhanced Fixed Income ETF (FXED) to BlackRock Floating Rate Loan ETF (BRLN)

FXED

Sound Enhanced Fixed Income ETF

FXED Description

Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.32

Average Daily Volume

8,540

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

BRLN

BlackRock Floating Rate Loan ETF

BRLN Description

BlackRock Floating Rate Loan ETF will invest in senior secured floating rate loans and second lien or other subordinated or unsecured floating. The fund primarily seeks to provide high current income and secondarily seeks to provide long-term capital appreciation.

Grade (RS Rating)

Last Trade

$52.75

Average Daily Volume

11,178

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	FXED	BRLN
30 Days	-0.59%	0.90%
60 Days	0.38%	1.65%
90 Days	1.84%	2.28%
12 Months	13.32%	11.24%

1 Overlapping Holdings

	Symbol	Grade	Weight in FXED	Weight in BRLN	Overlap
	SHYG	A	2.97%	2.86%	2.86%

FXED Overweight 7 Positions Relative to BRLN

	Symbol	Grade	Weight
	HTGC	A	3.41%
	ARCC	A	3.31%
	GBDC	A	3.17%
	PFLT	B	2.88%
	AWF	A	2.87%
	TSLX	B	2.73%
	EMHY	A	2.56%

FXED Underweight 2 Positions Relative to BRLN

	Symbol	Grade	Weight
	HYG	A	-3.42%
	USHY	A	-1.49%

FXED: Top Represented Industries & Keywords

Industries: Asset Management Specialty Finance

Keywords: ETF Exchange Traded Fund Business Development Mezzanine Capital Private Equity Venture Capital Bond Business Development Company Debt Debt Financing Golub Capital High Yield Debt Leveraged Buyout Loan Refinancing Subordinated Debt Advanced Materials Alliancebernstein Batteries Biofuel

BRLN: Top Represented Industries & Keywords

Industries:

Keywords: Bond Corporate Bond Exchange Traded Fund Bond Market Indices ETF High Yield Debt iBoxx Bond Fund Credit Default Swap Index Futures Markets Money Market Fund Swaps Yield Curve