BELT vs. SOXL ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Direxion Daily Semiconductor Bull 3x Shares (SOXL)

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

$30.16

Average Daily Volume

992

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOXL

Direxion Daily Semiconductor Bull 3x Shares

SOXL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the PHLX Semiconductor Sector Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the PHLX Semiconductor Sector Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.55

Average Daily Volume

83,151,963

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	SOXL
30 Days	0.09%	-21.04%
60 Days	0.61%	-16.84%
90 Days	1.27%	-33.14%
12 Months		16.06%

4 Overlapping Holdings

Symbol	Grade	Weight in BELT	Weight in SOXL	Overlap
ADI	D	2.8%	2.42%	2.42%
ENTG	F	2.84%	1.0%	1.0%
LRCX	F	2.43%	2.35%	2.35%
NVDA	A	2.5%	6.13%	2.5%

BELT Overweight 16 Positions Relative to SOXL

Symbol	Grade	Weight
MSFT	D	12.96%
META	C	8.52%
GOOG	B	7.72%
MA	B	6.87%
NVO	F	5.28%
CDNS	B	5.26%
SPGI	D	5.04%
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	F	3.21%
FND	F	2.56%

BELT Underweight 26 Positions Relative to SOXL

Symbol	Grade	Weight
AVGO	C	-5.54%
AMD	F	-4.91%
TXN	C	-3.93%
QCOM	F	-3.87%
MRVL	B	-2.99%
MU	D	-2.92%
INTC	C	-2.85%
TSM	B	-2.6%
AMAT	F	-2.39%
NXPI	F	-2.27%
MCHP	F	-2.25%
MPWR	F	-2.11%
KLAC	F	-2.05%
ON	F	-1.95%
ASML	F	-1.69%
TER	F	-1.1%
SWKS	F	-0.91%
ONTO	F	-0.55%
OLED	F	-0.51%
LSCC	D	-0.47%
MKSI	C	-0.44%
STM	F	-0.44%
QRVO	F	-0.43%
ASX	D	-0.4%
ARM	F	-0.34%
UMC	F	-0.33%