BELT vs. PTF ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to PowerShares Dynamic Technology (PTF)

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 ^*

* may have additional holdings in another (foreign) market

PTF

PowerShares Dynamic Technology

PTF Description

The PowerShares Dynamic Technology Sector Portfolio (Fund) is based on the Dynamic Technology Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of stocks of 60 US technology companies. These companies are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$62.85

Average Daily Volume

24,334

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	PTF
30 Days	1.13%	0.59%
60 Days	7.50%	15.90%
90 Days	-0.44%	-0.82%
12 Months		47.12%

3 Overlapping Holdings

Symbol	Grade	Weight in BELT	Weight in PTF	Overlap
CDNS	D	4.75%	3.88%	3.88%
META	A	7.89%	3.87%	3.87%
MSFT	D	13.09%	2.93%	2.93%

BELT Overweight 7 Positions Relative to PTF

Symbol	Grade	Weight
GOOG	B	7.27%
NVO	F	7.08%
MA	A	6.55%
SPGI	C	5.21%
TT	A	4.9%
ISRG	A	4.0%
IR	A	3.97%

BELT Underweight 31 Positions Relative to PTF

Symbol	Grade	Weight
NPAB	D	-8.63%
NVDA	C	-5.28%
FICO	A	-4.78%
WULF	C	-4.2%
ANET	A	-4.19%
PI	B	-3.92%
KLAC	B	-3.17%
AVGO	C	-3.12%
QTWO	C	-2.89%
ONTO	B	-2.88%
TTD	C	-2.79%
MPWR	B	-2.77%
ACLS	F	-2.74%
SNPS	F	-2.61%
BDC	B	-2.51%
CRDO	B	-2.49%
MTSI	B	-2.41%
NSIT	B	-2.36%
VERX	A	-2.35%
CRWD	D	-2.25%
ALKT	D	-2.19%
WDC	C	-2.19%
APPF	C	-2.17%
PSTG	F	-2.06%
LRCX	D	-2.01%
ENTG	D	-1.96%
ALTR	B	-1.91%
MU	D	-1.76%
SNAP	D	-1.65%
FORM	F	-1.59%
VECO	F	-1.44%