BELT vs. BCHP ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Principal Focused Blue Chip ETF (BCHP)

BELT

BlackRock Long-Term U.S. Equity ETF

BELT Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. issuers and derivatives with similar economic characteristics. It may invest up to 20% of its assets in equity securities of foreign issuers, including ADRs and GDRs. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.16

Average Daily Volume

992

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BCHP

Principal Focused Blue Chip ETF

BCHP Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies with large market capitalizations at the time of purchase that, in the opinion of Principal Global Investors, LLC ("PGI"), the fund"s investment advisor, display characteristics of a "blue chip" company. Blue chip companies are firms that, in PGI"s view, are well established in their industries and have the potential for growth of capital and an expectation for above-average earnings. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.04

Average Daily Volume

5,642

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	BCHP
30 Days	0.09%	1.91%
60 Days	0.61%	2.62%
90 Days	1.27%	5.65%
12 Months		25.06%

6 Overlapping Holdings

Symbol	Grade	Weight in BELT	Weight in BCHP	Overlap
CDNS	B	5.26%	1.91%	1.91%
GOOG	B	7.72%	11.03%	7.72%
INTU	B	4.18%	3.69%	3.69%
MA	B	6.87%	7.07%	6.87%
MSFT	D	12.96%	13.49%	12.96%
TMO	F	3.21%	2.27%	2.27%

BELT Overweight 14 Positions Relative to BCHP

Symbol	Grade	Weight
META	C	8.52%
NVO	F	5.28%
SPGI	D	5.04%
TT	A	4.96%
IR	B	4.4%
ISRG	A	4.24%
HWM	A	4.11%
CMG	C	3.9%
MASI	B	3.4%
ENTG	F	2.84%
ADI	D	2.8%
FND	F	2.56%
NVDA	A	2.5%
LRCX	F	2.43%

BELT Underweight 16 Positions Relative to BCHP

Symbol	Grade	Weight
AMZN	B	-11.66%
TDG	D	-4.9%
PGR	B	-4.88%
V	A	-4.79%
DHR	D	-4.47%
ADBE	D	-3.24%
NFLX	A	-3.18%
HLT	A	-3.0%
CSGP	F	-2.67%
ROP	C	-2.57%
ORLY	B	-2.39%
ZTS	D	-2.35%
SCHW	A	-2.13%
CPRT	B	-2.07%
AMT	D	-1.0%
APH	B	-0.0%