BELT vs. RSHO ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Tema American Reshoring ETF (RSHO)

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

992

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

RSHO

Tema American Reshoring ETF

RSHO Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.68

Average Daily Volume

27,174

Number of Holdings ^*

25

* may have additional holdings in another (foreign) market

Performance

Period	BELT	RSHO
30 Days	2.62%	8.06%
60 Days	1.68%	9.50%
90 Days	3.14%	11.47%
12 Months		41.70%

1 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in RSHO	Overlap
	IR	B	4.4%	4.51%	4.4%

BELT Overweight 19 Positions Relative to RSHO

	Symbol	Grade	Weight
	MSFT	F	12.99%
	META	D	8.41%
	GOOG	C	7.84%
	MA	C	6.98%
	CDNS	B	5.25%
	NVO	D	5.18%
	SPGI	C	5.06%
	TT	A	5.03%
	ISRG	A	4.34%
	HWM	A	4.21%
	CMG	B	3.94%
	INTU	C	3.89%
	MASI	A	3.51%
	TMO	F	3.07%
	ADI	D	2.83%
	ENTG	D	2.74%
	NVDA	C	2.57%
	FND	C	2.54%
	LRCX	F	2.35%

BELT Underweight 24 Positions Relative to RSHO

	Symbol	Grade	Weight
	AIT	A	-5.78%
	ROK	B	-5.73%
	ETN	A	-5.34%
	CLH	B	-4.55%
	PRIM	A	-4.55%
	FAST	B	-4.36%
	PH	A	-3.82%
	VMC	B	-3.78%
	FLR	B	-3.63%
	CAT	B	-3.26%
	FSS	B	-3.25%
	HRI	B	-3.06%
	ATI	D	-2.89%
	EMR	A	-2.89%
	WCC	B	-2.89%
	ABBV	D	-2.88%
	LIN	D	-2.75%
	TKR	D	-2.57%
	ALLE	D	-2.42%
	DHR	F	-2.35%
	UNP	C	-2.17%
	TEX	D	-2.06%
	APG	B	-2.04%
	TSM	B	-1.37%

BELT: Top Represented Industries & Keywords

Industries: Internet Content & Information Medical Instruments & Supplies Semiconductor Equipment & Materials Semiconductors Software - Application Specialty Industrial Machinery Biotechnology Capital Markets Credit Services Diagnostics & Research Diversified Industrials Home Improvement Stores Restaurants Software - Infrastructure

Keywords: S&P 500 Nasdaq 100 Computing Integrated Circuits Hyperscale IBD 50 Refrigeration Semiconductor Smartphones Software Aerospace Camera Chemical Vapor Deposition Dow Jones Component Electronic Design Electronic Engineering Electronics Manufacturing Process Medicine Mobile Devices

RSHO: Top Represented Industries & Keywords

Industries: Diversified Industrials Engineering & Construction Industrial Distribution Farm & Construction Equipment Building Materials Diagnostics & Research Drug Manufacturers - Major Metal Fabrication Pollution & Treatment Controls Railroads Rental & Leasing Services Security & Protection Services Semiconductors Specialty Chemicals Specialty Industrial Machinery Tools & Accessories Waste Management

Keywords: S&P 500 Mining Construction Oil And Gas Access Control Chemical Climate Engineering Services Industrial Technologies Loader Plastic Power Systems Project Management Project Management Services Refrigeration Access Control Systems Aerospace Alloy Steel Alloys Backhoe