BELT vs. EWP ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to iShares MSCI Spain Capped Index Fund (EWP)

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

$30.00

Average Daily Volume

6,315

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

EWP

iShares MSCI Spain Capped Index Fund

EWP Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Spain 25/50 Index. The fund will at all times invest at least 80% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The MSCI Spain 25/50 Index consists of stocks traded primarily on the Madrid Stock Exchange. A capping methodology is applied that limits the weight of any single component to a maximum of 25% of the MSCI Spain 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.21

Average Daily Volume

216,499

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	BELT	EWP
30 Days	1.13%	0.94%
60 Days	7.50%	8.64%
90 Days	-0.44%	7.01%
12 Months		33.45%

0 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in EWP	Overlap

BELT Overweight 10 Positions Relative to EWP

	Symbol	Grade	Weight
	MSFT	D	13.09%
	META	A	7.89%
	GOOG	B	7.27%
	NVO	F	7.08%
	MA	A	6.55%
	SPGI	C	5.21%
	TT	A	4.9%
	CDNS	D	4.75%
	ISRG	A	4.0%
	IR	A	3.97%

BELT Underweight 5 Positions Relative to EWP

	Symbol	Grade	Weight
	SAN	C	-15.52%
	BBVA	D	-11.48%
	TEF	C	-4.63%
	AMS	D	-4.5%
	RACE	C	-4.44%

BELT: Top Represented Industries & Keywords

Industries: Internet Content & Information Biotechnology Capital Markets Credit Services Diversified Industrials Medical Instruments & Supplies Software - Application Software - Infrastructure Specialty Industrial Machinery

Keywords: S&P 500 Nasdaq 100 Computing Hyperscale Software Refrigeration Sql Thermo King Work From Home 3 D Access Control Access Control Systems Advertising Network Air Conditioning Air Conditioning Systems Air Systems Analytic Services Analytical Tool Analytical Tools Anti Diabetic Drugs

EWP: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Medical Care Telecom Services

Keywords: Asset Management Bank Investment Banking Wholesale Banking ADSL Automotive Industry Banco Bilbao Vizcaya Argentaria Banco Santander Banking Bbva Francés Brain Tumor Broadband Broadband Access Cars Chrysler Clinical Medicine Cloud Computing Collection Services Connection Services Construction Real Estate