BALI vs. FMDE ETF Comparison

Comparison of BlackRock Advantage Large Cap Income ETF (BALI) to Fidelity Enhanced Mid Cap ETF (FMDE)

BALI

BlackRock Advantage Large Cap Income ETF

BALI Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.09

Average Daily Volume

95,490

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$34.97

Average Daily Volume

149,789

Number of Holdings ^*

292

* may have additional holdings in another (foreign) market

Performance

Period	BALI	FMDE
30 Days	2.84%	8.08%
60 Days	3.90%	9.45%
90 Days	5.67%	11.70%
12 Months	27.77%	39.69%

44 Overlapping Holdings

Symbol	Grade	Weight in BALI	Weight in FMDE	Overlap
ALL	A	0.4%	0.57%	0.4%
BBY	D	0.0%	0.03%	0.0%
BIIB	F	0.03%	0.04%	0.03%
CAH	B	1.12%	0.74%	0.74%
CBOE	B	0.03%	0.27%	0.03%
CI	F	0.12%	0.06%	0.06%
CL	D	0.87%	0.42%	0.42%
CLX	B	0.01%	0.65%	0.01%
CTAS	B	1.15%	0.52%	0.52%
DHI	D	0.07%	0.37%	0.07%
DOC	D	0.04%	0.15%	0.04%
DVN	F	0.01%	0.31%	0.01%
ED	D	0.06%	0.02%	0.02%
EME	C	0.3%	0.31%	0.3%
ES	D	0.35%	0.09%	0.09%
EXC	C	0.31%	0.11%	0.11%
EXEL	B	0.18%	0.52%	0.18%
GILD	C	1.32%	0.51%	0.51%
GWW	B	0.03%	0.42%	0.03%
HAL	C	0.39%	0.02%	0.02%
HES	B	0.07%	0.22%	0.07%
HUBS	A	0.25%	0.61%	0.25%
INCY	C	0.14%	0.6%	0.14%
INGR	B	0.03%	0.24%	0.03%
K	A	0.04%	0.04%	0.04%
KMB	D	1.01%	0.22%	0.22%
KMI	A	0.11%	0.14%	0.11%
KR	B	0.83%	0.73%	0.73%
LDOS	C	0.4%	0.6%	0.4%
MANH	D	0.41%	0.54%	0.41%
MSI	B	0.56%	0.5%	0.5%
NBIX	C	0.44%	0.44%	0.44%
NOC	D	0.82%	0.18%	0.18%
NTAP	C	0.26%	0.64%	0.26%
NTRA	B	0.33%	0.05%	0.05%
NUE	C	0.02%	0.6%	0.02%
NYT	C	0.05%	0.45%	0.05%
PCAR	B	0.2%	0.38%	0.2%
RGA	A	0.0%	0.28%	0.0%
ROST	C	0.05%	0.71%	0.05%
SPG	B	0.23%	0.96%	0.23%
TT	A	0.4%	0.48%	0.4%
TXRH	C	0.54%	0.03%	0.03%
UTHR	C	0.46%	0.35%	0.35%

BALI Overweight 105 Positions Relative to FMDE

Symbol	Grade	Weight
AAPL	C	7.52%
NVDA	C	7.31%
MSFT	F	7.07%
AMZN	C	4.94%
GOOGL	C	3.06%
MA	C	1.81%
GOOG	C	1.67%
META	D	1.57%
CVX	A	1.53%
MRK	F	1.35%
V	A	1.33%
PM	B	1.26%
WMT	A	1.22%
MMC	B	1.22%
WM	A	1.22%
PGR	A	1.2%
PFE	D	1.19%
SHW	A	1.18%
JPM	A	1.16%
UPS	C	1.13%
CME	A	1.12%
OMF	A	1.1%
LMT	D	1.09%
T	A	1.07%
TSLA	B	1.06%
RSG	A	1.06%
C	A	1.05%
QCOM	F	1.02%
FTNT	C	1.0%
PNW	B	1.0%
UNH	C	0.98%
LLY	F	0.94%
MDT	D	0.93%
VZ	C	0.93%
CMCSA	B	0.9%
BRK.A	B	0.84%
F	C	0.82%
MO	A	0.8%
TFC	A	0.65%
AVGO	D	0.64%
AMGN	D	0.62%
LRCX	F	0.59%
HCA	F	0.57%
ADBE	C	0.52%
COP	C	0.5%
CCEP	C	0.47%
HESM	B	0.46%
SYK	C	0.45%
EXPD	D	0.44%
FE	C	0.42%
XOM	B	0.4%
MU	D	0.37%
NOW	A	0.37%
ETN	A	0.36%
CSCO	B	0.36%
TRV	B	0.34%
TJX	A	0.34%
MTN	C	0.31%
CMS	C	0.3%
OSK	B	0.28%
SPGI	C	0.26%
WRB	A	0.25%
NNN	D	0.25%
PH	A	0.24%
CRWD	B	0.23%
WING	D	0.22%
MCK	B	0.21%
HAS	D	0.21%
ELV	F	0.2%
CPT	B	0.18%
NFLX	A	0.15%
PG	A	0.15%
AVB	B	0.15%
OHI	C	0.15%
TSCO	D	0.14%
GD	F	0.14%
BSX	B	0.14%
BKNG	A	0.13%
SMAR	A	0.12%
DDS	B	0.11%
IDA	A	0.1%
TMO	F	0.1%
DUK	C	0.1%
CSX	B	0.07%
KRG	B	0.07%
WCN	A	0.06%
ACN	C	0.06%
WHR	B	0.05%
SNAP	C	0.04%
JNJ	D	0.03%
IVZ	B	0.02%
PAG	B	0.02%
MELI	D	0.02%
SON	D	0.02%
FLEX	A	0.02%
JNPR	F	0.02%
HD	A	0.01%
LEVI	F	0.01%
XP	F	0.01%
CAG	D	0.01%
FOXA	B	0.0%
TSN	B	0.0%
MCD	D	0.0%
EQIX	A	0.0%
COST	B	0.0%

BALI Underweight 248 Positions Relative to FMDE

Symbol	Grade	Weight
WMB	A	-1.12%
BK	A	-0.99%
SQ	B	-0.97%
CMI	A	-0.94%
VST	B	-0.94%
HWM	A	-0.89%
PRU	A	-0.85%
MSCI	C	-0.84%
UAL	A	-0.79%
RJF	A	-0.78%
CVNA	B	-0.75%
EXPE	B	-0.73%
STT	A	-0.72%
RBLX	C	-0.72%
WTW	B	-0.72%
VEEV	C	-0.71%
TOST	B	-0.69%
TWLO	A	-0.67%
ZM	B	-0.67%
AXON	A	-0.67%
PPG	F	-0.66%
CSGP	D	-0.66%
DOCU	A	-0.65%
NRG	B	-0.65%
NVR	D	-0.65%
KEY	B	-0.65%
CCL	B	-0.65%
VICI	C	-0.63%
AIZ	A	-0.63%
FIS	C	-0.63%
TOL	B	-0.62%
EQH	B	-0.62%
EIX	B	-0.61%
IDXX	F	-0.61%
HPE	B	-0.61%
AMP	A	-0.6%
CCI	D	-0.6%
TXT	D	-0.59%
CW	B	-0.59%
HUBB	B	-0.59%
LNG	B	-0.59%
SSNC	B	-0.59%
EA	A	-0.58%
ALLE	D	-0.58%
DD	D	-0.58%
LYFT	C	-0.57%
CNC	D	-0.57%
DBX	B	-0.56%
DKNG	B	-0.56%
TRGP	B	-0.56%
FTV	C	-0.54%
PYPL	B	-0.54%
GL	B	-0.54%
FFIV	B	-0.54%
CNP	B	-0.52%
UNM	A	-0.52%
GRMN	B	-0.52%
DCI	B	-0.52%
COR	B	-0.51%
TPR	B	-0.51%
MPWR	F	-0.51%
QRVO	F	-0.5%
CACI	D	-0.49%
GAP	C	-0.49%
AMH	D	-0.49%
ECL	D	-0.49%
CCK	C	-0.48%
TDC	D	-0.48%
BURL	A	-0.48%
AXTA	A	-0.47%
STLD	B	-0.47%
BWXT	B	-0.47%
BERY	B	-0.46%
PSA	D	-0.46%
BRX	A	-0.45%
MEDP	D	-0.45%
HLT	A	-0.45%
SWKS	F	-0.45%
PEGA	A	-0.45%
ANF	C	-0.45%
NDAQ	A	-0.44%
CRUS	D	-0.44%
SNX	C	-0.44%
LNW	D	-0.44%
WAB	B	-0.43%
PLTR	B	-0.43%
VMC	B	-0.42%
EVRG	A	-0.41%
NVT	B	-0.41%
HIG	B	-0.4%
AME	A	-0.4%
SOLV	C	-0.39%
AM	A	-0.39%
CPNG	D	-0.39%
FIX	A	-0.38%
EEFT	B	-0.38%
IGT	F	-0.38%
ALSN	B	-0.37%
VMI	B	-0.37%
KLAC	D	-0.36%
PCG	A	-0.36%
SYF	B	-0.36%
HXL	D	-0.35%
LPX	B	-0.35%
ZION	B	-0.34%
RNG	B	-0.34%
SEE	C	-0.34%
DUOL	A	-0.33%
IQV	D	-0.33%
GIS	D	-0.33%
NTNX	A	-0.33%
WCC	B	-0.33%
WU	D	-0.33%
UHS	D	-0.32%
BLD	D	-0.32%
EBAY	D	-0.32%
Z	A	-0.32%
COIN	C	-0.31%
CPAY	A	-0.31%
AYI	B	-0.31%
RS	B	-0.3%
APP	B	-0.3%
LEN	D	-0.29%
GDDY	A	-0.29%
EQR	B	-0.29%
MGM	D	-0.28%
XEL	A	-0.28%
MTDR	B	-0.28%
GLPI	C	-0.27%
IFF	D	-0.27%
BAH	F	-0.27%
DXCM	D	-0.27%
A	D	-0.27%
ELAN	D	-0.27%
FANG	D	-0.26%
ZG	A	-0.26%
BMY	B	-0.26%
ZBRA	B	-0.25%
PLTK	B	-0.25%
BILL	A	-0.25%
BRO	B	-0.25%
CDW	F	-0.25%
LHX	C	-0.24%
SEIC	B	-0.24%
CFG	B	-0.23%
OC	A	-0.23%
GTES	A	-0.23%
TW	A	-0.22%
HRB	D	-0.22%
MTB	A	-0.22%
SBAC	D	-0.22%
FLS	B	-0.21%
DFS	B	-0.21%
PCTY	B	-0.21%
HII	D	-0.21%
ADTN	A	-0.2%
GPN	B	-0.2%
DKS	C	-0.2%
BLDR	D	-0.2%
MKTX	D	-0.19%
RCL	A	-0.18%
NWSA	B	-0.18%
ACM	A	-0.17%
MKL	A	-0.16%
DASH	A	-0.16%
WWD	B	-0.16%
USFD	A	-0.16%
SAM	C	-0.15%
KD	B	-0.15%
GXO	B	-0.14%
TPL	A	-0.14%
CINF	A	-0.13%
ATI	D	-0.13%
ANSS	B	-0.13%
REG	B	-0.13%
FTI	A	-0.12%
CHDN	B	-0.12%
ITT	A	-0.12%
AES	F	-0.12%
WSM	B	-0.11%
CBSH	A	-0.11%
MORN	B	-0.11%
IBKR	A	-0.11%
GEHC	F	-0.11%
NWS	B	-0.11%
SYY	B	-0.11%
ROP	B	-0.1%
CTRE	D	-0.1%
LUV	C	-0.1%
AWK	D	-0.1%
VLTO	D	-0.1%
CTRA	B	-0.1%
AXS	A	-0.09%
ACGL	D	-0.09%
LPLA	A	-0.09%
LEG	F	-0.08%
XRAY	F	-0.08%
MCHP	D	-0.08%
WBD	C	-0.08%
VSTS	C	-0.07%
JHG	A	-0.07%
CWEN	C	-0.07%
ADM	D	-0.07%
MSA	D	-0.07%
AMT	D	-0.06%
DTE	C	-0.06%
WDAY	B	-0.06%
FR	C	-0.06%
EG	C	-0.06%
VIRT	B	-0.06%
TNL	A	-0.06%
HUM	C	-0.06%
L	A	-0.06%
NSC	B	-0.06%
CSL	C	-0.05%
WEN	D	-0.05%
EGP	F	-0.05%
PHM	D	-0.05%
TXG	F	-0.05%
DAL	C	-0.05%
OGE	B	-0.04%
BBWI	D	-0.04%
DGX	A	-0.04%
CWEN	C	-0.04%
ULTA	F	-0.04%
U	C	-0.04%
CF	B	-0.03%
EPR	D	-0.03%
REYN	D	-0.03%
AKAM	D	-0.03%
BMRN	D	-0.03%
CNM	D	-0.03%
SF	B	-0.03%
CBRE	B	-0.03%
JAZZ	B	-0.02%
QGEN	D	-0.02%
POST	C	-0.02%
AFL	B	-0.02%
AJG	B	-0.02%
OVV	B	-0.02%
MRO	B	-0.02%
LSCC	D	-0.01%
STAG	F	-0.01%
OKE	A	-0.01%
HPQ	B	-0.01%
SWK	D	-0.01%
HOOD	B	-0.01%
ARW	D	-0.01%