BALI vs. OPTZ ETF Comparison

Comparison of BlackRock Advantage Large Cap Income ETF (BALI) to Optimize Strategy Index ETF (OPTZ)

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

$31.10

Average Daily Volume

93,941

Number of Holdings ^*

149

* may have additional holdings in another (foreign) market

OPTZ

Optimize Strategy Index ETF

OPTZ Description

OPTZ seeks to track a broad market index consisting of US-listed equities that meet certain market-cap threshold and liquidity requirements. To be included in the fund, eligible large-cap and small-cap companies are evaluated and ranked within their own sector. Large cap companies are ranked based on the ratio of current EPS over the trailing 10-year average EPS, the current P/E ratio, and the 2-year forward EPS growth estimate. Small-cap companies are ranked solely on their P/S ratio. Within these two groups, the top 20% are selected from each sector. The index weights the sectors using the sum of the market capitalization of all constituents in each sector and within each sector each constituent is equally weighted. Reconstitution and rebalancing are done semi-annually.

Grade (RS Rating)

Last Trade

$30.63

Average Daily Volume

6,418

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

Performance

Period	BALI	OPTZ
30 Days	1.78%	5.82%
60 Days	3.99%	8.59%
90 Days	5.51%	9.87%
12 Months	27.58%

45 Overlapping Holdings

Symbol	Grade	Weight in BALI	Weight in OPTZ	Overlap
AAPL	C	7.52%	1.06%	1.06%
ADBE	C	0.52%	0.11%	0.11%
ALL	A	0.4%	0.21%	0.21%
AMZN	C	4.94%	0.38%	0.38%
CAH	B	1.12%	0.14%	0.14%
CBOE	C	0.03%	0.19%	0.03%
CL	D	0.87%	0.25%	0.25%
CMCSA	B	0.9%	0.64%	0.64%
CME	B	1.12%	0.2%	0.2%
COST	A	0.0%	0.29%	0.0%
CPT	B	0.18%	0.09%	0.09%
CRWD	B	0.23%	1.37%	0.23%
DUK	C	0.1%	0.05%	0.05%
EME	A	0.3%	0.18%	0.18%
EQIX	A	0.0%	0.1%	0.0%
ETN	A	0.36%	0.15%	0.15%
INCY	C	0.14%	0.16%	0.14%
MANH	D	0.41%	0.13%	0.13%
MCD	D	0.0%	0.32%	0.0%
MELI	C	0.02%	0.27%	0.02%
META	D	1.57%	0.65%	0.65%
MSI	B	0.56%	1.18%	0.56%
NBIX	C	0.44%	0.13%	0.13%
NFLX	A	0.15%	0.73%	0.15%
NOW	A	0.37%	1.27%	0.37%
NVDA	B	7.31%	1.44%	1.44%
OSK	C	0.28%	0.13%	0.13%
PCAR	B	0.2%	0.15%	0.15%
PGR	A	1.2%	0.21%	0.21%
PH	A	0.24%	0.15%	0.15%
ROST	D	0.05%	0.29%	0.05%
RSG	A	1.06%	0.12%	0.12%
SHW	B	1.18%	0.16%	0.16%
SPG	A	0.23%	0.1%	0.1%
SPGI	C	0.26%	0.2%	0.2%
SYK	B	0.45%	0.14%	0.14%
T	A	1.07%	0.64%	0.64%
TMO	F	0.1%	0.11%	0.1%
TRV	B	0.34%	0.22%	0.22%
TSLA	B	1.06%	0.49%	0.49%
TT	A	0.4%	0.15%	0.15%
UNH	B	0.98%	0.13%	0.13%
UTHR	C	0.46%	0.14%	0.14%
V	A	1.33%	0.22%	0.22%
WHR	B	0.05%	0.37%	0.05%

BALI Overweight 104 Positions Relative to OPTZ

Symbol	Grade	Weight
MSFT	D	7.07%
GOOGL	C	3.06%
MA	B	1.81%
GOOG	C	1.67%
CVX	A	1.53%
MRK	D	1.35%
GILD	C	1.32%
PM	B	1.26%
WMT	A	1.22%
MMC	B	1.22%
WM	B	1.22%
PFE	F	1.19%
JPM	A	1.16%
CTAS	B	1.15%
UPS	C	1.13%
OMF	A	1.1%
LMT	D	1.09%
C	A	1.05%
QCOM	F	1.02%
KMB	C	1.01%
FTNT	C	1.0%
PNW	A	1.0%
LLY	F	0.94%
MDT	D	0.93%
VZ	C	0.93%
BRK.A	B	0.84%
KR	B	0.83%
F	C	0.82%
NOC	D	0.82%
MO	A	0.8%
TFC	A	0.65%
AVGO	D	0.64%
AMGN	F	0.62%
LRCX	F	0.59%
HCA	F	0.57%
TXRH	B	0.54%
COP	C	0.5%
CCEP	C	0.47%
HESM	B	0.46%
EXPD	C	0.44%
FE	C	0.42%
LDOS	C	0.4%
XOM	B	0.4%
HAL	C	0.39%
MU	D	0.37%
CSCO	B	0.36%
ES	C	0.35%
TJX	A	0.34%
NTRA	A	0.33%
EXC	C	0.31%
MTN	C	0.31%
CMS	C	0.3%
NTAP	C	0.26%
HUBS	A	0.25%
WRB	A	0.25%
NNN	C	0.25%
WING	D	0.22%
MCK	A	0.21%
HAS	D	0.21%
ELV	F	0.2%
EXEL	B	0.18%
PG	C	0.15%
AVB	B	0.15%
OHI	C	0.15%
TSCO	D	0.14%
GD	D	0.14%
BSX	A	0.14%
BKNG	A	0.13%
CI	D	0.12%
SMAR	B	0.12%
KMI	A	0.11%
DDS	B	0.11%
IDA	A	0.1%
CSX	C	0.07%
HES	B	0.07%
DHI	F	0.07%
KRG	B	0.07%
ED	C	0.06%
WCN	A	0.06%
ACN	B	0.06%
NYT	D	0.05%
SNAP	D	0.04%
K	A	0.04%
DOC	C	0.04%
GWW	B	0.03%
BIIB	F	0.03%
JNJ	C	0.03%
INGR	C	0.03%
IVZ	B	0.02%
NUE	C	0.02%
PAG	B	0.02%
SON	F	0.02%
FLEX	B	0.02%
JNPR	D	0.02%
HD	B	0.01%
DVN	F	0.01%
CLX	A	0.01%
LEVI	F	0.01%
XP	F	0.01%
CAG	F	0.01%
FOXA	A	0.0%
TSN	B	0.0%
BBY	D	0.0%
RGA	A	0.0%

BALI Underweight 276 Positions Relative to OPTZ

Symbol	Grade	Weight
APP	B	-2.03%
CRM	B	-1.37%
TTMI	C	-1.36%
INTC	C	-1.31%
DELL	B	-1.29%
GDDY	A	-1.27%
FFIV	B	-1.25%
ANET	C	-1.24%
QLYS	B	-1.22%
CDNS	B	-1.21%
BHE	C	-1.2%
ITRI	C	-1.19%
SNPS	B	-1.16%
WIX	A	-1.15%
INFN	D	-1.11%
VZIO	A	-1.04%
AMD	F	-1.03%
VRSN	C	-1.03%
BAH	F	-1.02%
IBM	C	-1.02%
AMAT	F	-1.0%
ROP	B	-1.0%
FSLR	F	-0.96%
DJT	C	-0.93%
LUMN	C	-0.83%
CRUS	D	-0.8%
IDCC	B	-0.78%
ACLS	F	-0.78%
DIS	B	-0.77%
TMUS	B	-0.72%
RNG	C	-0.72%
ZM	C	-0.71%
EA	A	-0.66%
EAT	A	-0.55%
CVNA	B	-0.55%
AMC	C	-0.54%
NPAB	F	-0.52%
WWW	A	-0.48%
NCLH	B	-0.48%
RCL	A	-0.47%
COIN	C	-0.42%
HBI	B	-0.42%
WOOF	D	-0.42%
UNFI	A	-0.41%
RL	C	-0.39%
LULU	C	-0.39%
SIG	B	-0.39%
MAR	A	-0.39%
DECK	A	-0.39%
LVS	B	-0.38%
GRMN	B	-0.37%
ANF	F	-0.36%
SBH	C	-0.36%
WYNN	C	-0.36%
BZH	C	-0.35%
LOW	C	-0.35%
PCT	C	-0.34%
FIVE	F	-0.34%
DPZ	C	-0.34%
PVH	C	-0.34%
ORLY	B	-0.34%
ALV	C	-0.33%
BURL	B	-0.33%
TAP	C	-0.32%
CHDN	B	-0.32%
APO	B	-0.31%
YETI	D	-0.31%
ENR	B	-0.31%
ETSY	D	-0.3%
CHD	A	-0.3%
ULTA	F	-0.3%
DKS	D	-0.29%
GPC	D	-0.29%
LC	A	-0.28%
LEA	F	-0.28%
TGT	F	-0.28%
LNW	F	-0.28%
DOLE	D	-0.27%
SQ	A	-0.27%
WBA	F	-0.27%
STZ	D	-0.27%
ODP	F	-0.27%
AX	B	-0.26%
DAN	D	-0.26%
PEP	F	-0.26%
CVS	D	-0.26%
APTV	F	-0.25%
GS	A	-0.25%
KKR	A	-0.25%
FI	A	-0.25%
AMP	A	-0.25%
CAL	F	-0.25%
BG	D	-0.25%
TROW	B	-0.24%
ARES	A	-0.24%
AXP	A	-0.24%
CROX	D	-0.24%
BLK	B	-0.24%
BHF	C	-0.24%
CINF	A	-0.23%
AGO	B	-0.23%
PRU	A	-0.23%
EWTX	C	-0.23%
AIZ	A	-0.23%
CPAY	A	-0.23%
PRG	C	-0.22%
SIGI	C	-0.22%
GPN	B	-0.22%
WTW	B	-0.22%
COOP	B	-0.22%
LBPH	A	-0.22%
BR	A	-0.22%
NATL	B	-0.21%
GL	C	-0.21%
AXON	A	-0.21%
VRT	B	-0.21%
AER	A	-0.21%
BFH	C	-0.21%
MSCI	C	-0.21%
BRO	B	-0.21%
LDI	C	-0.2%
ICE	C	-0.2%
STRL	A	-0.2%
MKTX	D	-0.2%
HIG	B	-0.2%
CRS	B	-0.2%
MCO	B	-0.2%
GATO	C	-0.2%
RNR	C	-0.2%
ZIM	C	-0.2%
NAVI	F	-0.19%
ACGL	C	-0.19%
DAL	B	-0.19%
PMT	C	-0.19%
CB	C	-0.19%
FIX	A	-0.18%
APD	A	-0.18%
VMC	B	-0.18%
GTLS	A	-0.18%
PAYC	B	-0.18%
XPO	B	-0.18%
LPX	B	-0.18%
EXP	B	-0.18%
SKYW	C	-0.18%
HQY	A	-0.17%
JBLU	F	-0.17%
AVNT	B	-0.17%
MLM	C	-0.17%
HASI	D	-0.17%
PEN	B	-0.16%
EMN	C	-0.16%
DOCU	B	-0.16%
PCTY	C	-0.16%
PWR	A	-0.16%
AIT	B	-0.16%
ACHR	B	-0.16%
VERA	C	-0.16%
GNRC	C	-0.16%
HON	C	-0.15%
ECL	D	-0.15%
HUBB	B	-0.15%
ESTC	C	-0.15%
GFF	A	-0.15%
ISRG	A	-0.15%
PEGA	B	-0.15%
WAB	B	-0.15%
JAZZ	B	-0.15%
URI	C	-0.15%
TPC	C	-0.15%
SAIA	B	-0.15%
PODD	C	-0.15%
CLOV	D	-0.15%
PNR	A	-0.15%
PHIN	A	-0.14%
THC	D	-0.14%
STGW	A	-0.14%
COR	B	-0.14%
ZBH	C	-0.14%
MRC	B	-0.14%
DGX	A	-0.14%
WST	C	-0.14%
LECO	C	-0.14%
LIVN	F	-0.14%
AKRO	B	-0.14%
REVG	C	-0.14%
LIN	C	-0.14%
DVA	C	-0.14%
CAT	B	-0.14%
WDAY	B	-0.13%
BV	C	-0.13%
VRSK	A	-0.13%
ALGN	D	-0.13%
FDX	B	-0.13%
VRTX	D	-0.13%
SAVA	C	-0.13%
PBI	B	-0.13%
WWD	C	-0.13%
ASH	F	-0.13%
AHCO	F	-0.12%
SHC	F	-0.12%
AOS	F	-0.12%
KRYS	C	-0.12%
MOH	F	-0.12%
RPRX	D	-0.12%
XYL	D	-0.12%
STE	D	-0.12%
ETNB	C	-0.12%
DAWN	D	-0.12%
IQV	F	-0.11%
EFX	F	-0.11%
COGT	D	-0.11%
SRPT	F	-0.11%
BAX	F	-0.11%
DLR	B	-0.11%
SNDX	F	-0.11%
KURA	F	-0.11%
VNO	C	-0.11%
BA	F	-0.11%
UHS	D	-0.11%
IDXX	F	-0.11%
DYN	F	-0.11%
UNIT	B	-0.1%
RHP	B	-0.1%
CGEM	F	-0.1%
WELL	A	-0.1%
LNTH	D	-0.1%
EXPI	D	-0.1%
CBRE	B	-0.1%
OMI	F	-0.1%
HII	F	-0.09%
PEB	D	-0.09%
NEXT	C	-0.09%
ELS	C	-0.09%
PK	C	-0.09%
CE	F	-0.09%
LAMR	C	-0.09%
WY	F	-0.09%
SBRA	C	-0.09%
OGN	F	-0.09%
NMRK	C	-0.09%
REXR	F	-0.08%
NVRI	D	-0.08%
RDFN	D	-0.08%
SBAC	D	-0.08%
EGP	D	-0.08%
TDW	F	-0.08%
ICLR	D	-0.08%
PRIM	A	-0.08%
CEG	C	-0.07%
KNTK	A	-0.07%
BKR	A	-0.07%
WMB	A	-0.07%
BKD	F	-0.07%
AMT	C	-0.07%
TRGP	A	-0.07%
DTM	A	-0.07%
ATO	A	-0.06%
WKC	C	-0.06%
ETR	B	-0.06%
SLB	C	-0.06%
OII	B	-0.06%
WHD	B	-0.06%
FTI	A	-0.06%
SANA	F	-0.06%
NRG	B	-0.06%
EIX	B	-0.05%
VAL	F	-0.05%
DTE	C	-0.05%
APA	D	-0.05%
SO	C	-0.05%
WFRD	D	-0.05%
DK	C	-0.05%
SWX	B	-0.05%
AES	F	-0.04%
NFE	D	-0.04%
HE	C	-0.04%