BELT vs. GRW ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to TCW Compounders ETF (GRW)

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

$30.04

Average Daily Volume

996

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GRW

TCW Compounders ETF

GRW Description

The fund is an actively managed ETF that seeks to invest in the companies that the Adviser believes will benefit from transformation as a result of technological innovations, market dynamics, and/or changes in client preferences. It aims to actively capture returns from companies that show long-term growth, quality, and durability characteristics as a result of such economic transformation or play a central role of enabling other companies to do the same. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$38.43

Average Daily Volume

15,067

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	GRW
30 Days	0.73%	1.52%
60 Days	0.98%	2.79%
90 Days	2.70%	6.56%
12 Months

2 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in GRW	Overlap
	MSFT	D	12.96%	7.38%	7.38%
	SPGI	D	5.04%	4.02%	4.02%

BELT Overweight 18 Positions Relative to GRW

Symbol	Grade	Weight
META	C	8.52%
GOOG	B	7.72%
MA	B	6.87%
NVO	D	5.28%
CDNS	B	5.26%
TT	A	4.96%
IR	B	4.4%
ISRG	A	4.24%
INTU	B	4.18%
HWM	A	4.11%
CMG	C	3.9%
MASI	B	3.4%
TMO	D	3.21%
ENTG	F	2.84%
ADI	D	2.8%
FND	D	2.56%
NVDA	A	2.5%
LRCX	F	2.43%

BELT Underweight 15 Positions Relative to GRW

Symbol	Grade	Weight
HEI	A	-9.37%
FI	A	-8.94%
WCN	A	-8.49%
TDG	D	-4.86%
AVGO	D	-4.48%
V	A	-4.45%
AME	A	-4.04%
LIN	D	-3.61%
FICO	A	-3.39%
MSCI	C	-3.39%
MUSA	B	-2.44%
TTD	B	-2.32%
DHR	D	-1.76%
GE	D	-1.53%
ROP	C	-0.99%