BELT vs. NETZ ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Engine No. 1 Transform Climate ETF (NETZ)

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

$30.36

Average Daily Volume

990

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NETZ

Engine No. 1 Transform Climate ETF

NETZ Description

Engine No. 1 Transform Climate ETF is an exchange traded fund launched and managed by Engine No.1 LLC. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It employs proprietary research to create its portfolio. Engine No. 1 Transform Climate ETF is domiciled in the United States

Grade (RS Rating)

Last Trade

$77.54

Average Daily Volume

47,387

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	NETZ
30 Days	1.17%	4.39%
60 Days	1.28%	6.42%
90 Days	2.70%	11.60%
12 Months		45.15%

2 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in NETZ	Overlap
	MSFT	D	12.96%	6.55%	6.55%
	TT	A	4.96%	5.3%	4.96%

BELT Overweight 18 Positions Relative to NETZ

Symbol	Grade	Weight
META	D	8.52%
GOOG	C	7.72%
MA	B	6.87%
NVO	F	5.28%
CDNS	B	5.26%
SPGI	C	5.04%
IR	B	4.4%
ISRG	A	4.24%
INTU	B	4.18%
HWM	A	4.11%
CMG	B	3.9%
MASI	B	3.4%
TMO	F	3.21%
ENTG	D	2.84%
ADI	D	2.8%
FND	D	2.56%
NVDA	B	2.5%
LRCX	F	2.43%

BELT Underweight 18 Positions Relative to NETZ

Symbol	Grade	Weight
RSG	A	-9.32%
GE	D	-8.65%
VRT	B	-6.77%
GEV	B	-6.49%
FANG	C	-4.88%
UNP	C	-4.66%
CVX	A	-4.18%
VST	A	-4.06%
XOM	B	-3.86%
WM	B	-3.7%
HUBB	B	-2.11%
COP	C	-1.99%
FSLR	F	-1.89%
OXY	D	-1.46%
AMAT	F	-1.28%
CEG	C	-1.22%
NVT	B	-0.99%
DE	B	-0.89%