BELT vs. UTRN ETF Comparison

Comparison of BlackRock Long-Term U.S. Equity ETF (BELT) to Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN)

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

UTRN

Vesper US Large Cap Short-Term Reversal Strategy ETF

UTRN Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Vesper U.S. Large Cap Short-Term Reversal Index (the 'index'). The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to measure the performance of a portfolio of 25 stocks selected from the S&P 500 that Vesper Capital Management, LLC believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm").

Grade (RS Rating)

Last Trade

$31.02

Average Daily Volume

593

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BELT	UTRN
30 Days	0.09%	-0.93%
60 Days	0.61%	2.85%
90 Days	1.27%	7.67%
12 Months		36.95%

0 Overlapping Holdings

	Symbol	Grade	Weight in BELT	Weight in UTRN	Overlap

BELT Overweight 20 Positions Relative to UTRN

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%
ENTG	F	2.84%
ADI	D	2.8%
FND	F	2.56%
NVDA	A	2.5%
LRCX	F	2.43%

BELT Underweight 25 Positions Relative to UTRN

Symbol	Grade	Weight
DXCM	C	-4.32%
ATO	A	-4.2%
DGX	A	-4.15%
LYV	A	-4.09%
LMT	D	-4.07%
AJG	B	-4.05%
TRV	A	-4.04%
TDY	B	-4.03%
CB	C	-4.02%
FTV	D	-4.01%
APD	A	-4.01%
ECL	D	-4.01%
KDP	D	-4.01%
VLTO	C	-4.0%
MMC	D	-4.0%
O	C	-3.98%
WFC	A	-3.98%
PAYX	B	-3.95%
PSX	C	-3.94%
CVX	A	-3.9%
LVS	B	-3.87%
AIG	C	-3.86%
PPG	F	-3.83%
KHC	F	-3.79%
DOW	F	-3.7%