BELT vs. FDG ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to American Century Focused Dynamic Growth ETF (FDG)

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

$29.96

Average Daily Volume

1,007

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDG

American Century Focused Dynamic Growth ETF

FDG Description

The investment seeks long-term capital growth. The fund will invest primarily in securities of large cap companies, but may invest in companies of any market capitalization. It normally invests in a relatively limited number of companies, generally 30 to 45 securities, but may incorporate more securities to account for liquidity constraints. The fund will invest principally in U.S. exchange-listed common stocks and American Depositary Receipts (ADRs).

Grade (RS Rating)

Last Trade

$100.52

Average Daily Volume

13,999

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	FDG
30 Days	-0.58%	5.61%
60 Days	-0.99%	9.71%
90 Days	1.25%	10.61%
12 Months		52.71%

9 Overlapping Holdings

Symbol	Grade	Weight in BELT	Weight in FDG	Overlap
CDNS	B	5.26%	2.37%	2.37%
CMG	B	3.9%	3.16%	3.16%
GOOG	B	7.72%	5.17%	5.17%
ISRG	A	4.24%	2.59%	2.59%
MA	A	6.87%	3.27%	3.27%
META	C	8.52%	5.7%	5.7%
MSFT	D	12.96%	4.97%	4.97%
NVDA	B	2.5%	16.16%	2.5%
SPGI	C	5.04%	0.34%	0.34%

BELT Overweight 11 Positions Relative to FDG

Symbol	Grade	Weight
NVO	F	5.28%
TT	A	4.96%
IR	B	4.4%
INTU	B	4.18%
HWM	A	4.11%
MASI	B	3.4%
TMO	F	3.21%
ENTG	F	2.84%
ADI	D	2.8%
FND	F	2.56%
LRCX	F	2.43%

BELT Underweight 28 Positions Relative to FDG

Symbol	Grade	Weight
AMZN	B	-9.51%
TSLA	A	-6.4%
CRM	B	-3.98%
NFLX	A	-3.67%
REGN	F	-3.09%
ALNY	D	-3.03%
MPWR	F	-2.27%
STZ	D	-2.18%
ARGX	B	-1.91%
SQ	A	-1.74%
WHD	B	-1.73%
SHOP	B	-1.69%
HUBS	B	-1.68%
OKTA	D	-1.63%
ASND	F	-1.32%
RKLB	B	-1.15%
WAB	B	-1.15%
BPMC	C	-1.14%
DOCU	B	-0.94%
V	A	-0.93%
DASH	A	-0.78%
PCTY	B	-0.76%
ARM	F	-0.7%
VRSK	B	-0.69%
GGG	A	-0.46%
SAM	C	-0.34%
KNSL	B	-0.15%
SPOT	A	-0.07%