BELT vs. IQM ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Franklin Intelligent Machines ETF (IQM)

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

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$62.57

Average Daily Volume

3,223

Number of Holdings ^*

45

* may have additional holdings in another (foreign) market

Performance

Period	BELT	IQM
30 Days	1.13%	0.88%
60 Days	7.50%	11.42%
90 Days	-0.44%	-3.62%
12 Months		44.40%

2 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in IQM	Overlap
	CDNS	D	4.75%	3.93%	3.93%
	ISRG	A	4.0%	5.52%	4.0%

BELT Overweight 8 Positions Relative to IQM

	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%
	IR	A	3.97%

BELT Underweight 43 Positions Relative to IQM

	Symbol	Grade	Weight
	NVDA	C	-12.05%
	AAPL	C	-4.45%
	TSM	C	-4.12%
	ASML	F	-4.09%
	AXON	A	-3.89%
	SNPS	F	-3.81%
	TSLA	C	-3.48%
	AMAT	B	-2.82%
	PWR	B	-2.57%
	AMD	D	-2.47%
	AVGO	C	-2.25%
	TER	C	-1.89%
	ADI	C	-1.81%
	ADSK	B	-1.81%
	APH	D	-1.64%
	KLAC	B	-1.63%
	ANSS	D	-1.59%
	ENTG	D	-1.41%
	LRCX	D	-1.34%
	ETN	C	-1.32%
	PTC	D	-1.29%
	IDXX	D	-1.26%
	ALTR	B	-1.16%
	UBER	C	-1.11%
	VMI	B	-1.07%
	ROP	C	-0.88%
	NXPI	F	-0.86%
	KEYS	B	-0.82%
	CRWD	D	-0.77%
	TXN	C	-0.73%
	TEL	D	-0.64%
	PRCT	C	-0.63%
	FSLR	C	-0.53%
	ZBRA	A	-0.53%
	VRT	B	-0.52%
	ALGN	D	-0.47%
	BSY	D	-0.43%
	TRMB	B	-0.42%
	MCHP	F	-0.38%
	PSTG	F	-0.37%
	HON	C	-0.36%
	MPWR	B	-0.29%
	SITM	B	-0.27%

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

IQM: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Semiconductor Equipment & Materials Diversified Industrials Electronic Components Medical Devices Scientific & Technical Instruments Software - Infrastructure Aerospace & Defense Auto Manufacturers Conglomerates Consumer Electronics Data Storage Diagnostics & Research Engineering & Construction Medical Instruments & Supplies Metal Fabrication Solar Specialty Industrial Machinery

Keywords: S&P 500 Nasdaq 100 Semiconductor Integrated Circuits Computing Electronics Semiconductor Device Fabrication Aerospace Electronic Design Power Management IBD 50 Smartphones Design Manufacturers Device Manufacturers Electronic Engineering Fiber Optics Renewable Energy Semiconductor Devices Software Telecommunications