BLCN vs. QUAL ETF Comparison

Comparison of Siren Nasdaq NexGen Economy ETF (BLCN) to iShares MSCI USA Quality Factor ETF (QUAL)

BLCN

Siren Nasdaq NexGen Economy ETF

BLCN Description

The investment seeks long-term growth by tracking the investment returns, before fees and expenses, of the Siren Nasdaq Blockchain Economy Index. Under normal circumstances, at least 80% of the fund's assets, will be invested in component securities of the index. The index is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by others (Blockchain Companies). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.47

Average Daily Volume

19,378

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$179.21

Average Daily Volume

931,872

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

Performance

Period	BLCN	QUAL
30 Days	4.39%	3.47%
60 Days	10.74%	10.52%
90 Days	-3.56%	3.68%
12 Months	36.80%	37.76%

10 Overlapping Holdings

Symbol	Grade	Weight in BLCN	Weight in QUAL	Overlap
ACN	B	2.46%	1.66%	1.66%
BLK	A	1.69%	0.9%	0.9%
CSCO	A	1.81%	1.61%	1.61%
MA	A	2.04%	4.01%	2.04%
META	A	1.69%	4.2%	1.69%
MSFT	D	2.38%	4.66%	2.38%
NVDA	B	3.83%	5.94%	3.83%
QCOM	D	3.24%	1.23%	1.23%
TXN	C	1.45%	1.4%	1.4%
V	B	1.37%	4.01%	1.37%

BLCN Overweight 28 Positions Relative to QUAL

Symbol	Grade	Weight
HPE	B	4.14%
NU	D	3.95%
AMD	C	3.58%
HOOD	B	3.54%
CUBI	F	3.32%
MU	D	2.67%
RIOT	F	2.63%
ORCL	A	2.6%
BABA	A	2.42%
BIDU	C	2.34%
JD	A	2.27%
JPM	C	2.12%
PYPL	A	2.09%
COIN	F	2.01%
SAP	C	1.92%
NDAQ	C	1.79%
AXP	A	1.72%
MSTR	B	1.69%
WMT	A	1.65%
TSM	B	1.64%
IBM	A	1.62%
SQ	D	1.39%
BK	A	1.24%
INFY	B	0.91%
ICE	A	0.79%
CLSK	F	0.78%
MARA	F	0.76%
GS	B	0.59%

BLCN Underweight 113 Positions Relative to QUAL

Symbol	Grade	Weight
AAPL	C	-5.53%
LLY	D	-4.04%
UNH	B	-2.77%
COST	C	-2.5%
JNJ	D	-2.26%
TJX	D	-1.99%
ADBE	F	-1.81%
GOOGL	B	-1.69%
KO	C	-1.67%
NKE	D	-1.64%
COP	D	-1.62%
ADP	A	-1.61%
NFLX	A	-1.52%
GOOG	B	-1.48%
CAT	A	-1.43%
AMAT	C	-1.42%
CMG	C	-1.24%
LIN	C	-1.22%
PEP	F	-1.19%
LMT	A	-1.18%
KLAC	B	-0.98%
SLB	D	-0.88%
LRCX	D	-0.86%
SRE	C	-0.84%
DHI	C	-0.83%
PLD	D	-0.79%
MMC	D	-0.75%
ANET	A	-0.74%
ITW	C	-0.71%
PEG	A	-0.69%
VRTX	D	-0.62%
PSA	C	-0.59%
SHW	C	-0.58%
LULU	D	-0.58%
CTAS	C	-0.57%
ZTS	C	-0.57%
NVR	C	-0.56%
CDNS	D	-0.55%
MMM	C	-0.54%
MCO	D	-0.54%
ED	C	-0.54%
GWW	B	-0.52%
SNPS	F	-0.5%
CME	A	-0.5%
PHM	C	-0.48%
PAYX	B	-0.46%
APH	D	-0.46%
DECK	B	-0.45%
TSCO	A	-0.45%
GRMN	D	-0.41%
AFL	A	-0.41%
TPL	A	-0.38%
ATO	A	-0.38%
FAST	C	-0.37%
IDXX	D	-0.36%
ULTA	D	-0.35%
WSM	C	-0.34%
APD	C	-0.33%
CBRE	C	-0.33%
BBY	C	-0.32%
ODFL	F	-0.31%
MPWR	B	-0.29%
ACGL	A	-0.29%
CSGP	F	-0.28%
FERG	F	-0.28%
AMP	A	-0.27%
AVB	C	-0.24%
EW	F	-0.24%
POOL	D	-0.23%
A	B	-0.23%
NTAP	D	-0.22%
VLTO	A	-0.22%
APA	F	-0.21%
ROK	D	-0.21%
MNST	D	-0.21%
MANH	A	-0.2%
EQT	C	-0.19%
TROW	D	-0.18%
RMD	C	-0.18%
EA	D	-0.18%
EQR	C	-0.18%
HSY	D	-0.17%
VEEV	C	-0.16%
PPG	D	-0.16%
KEYS	B	-0.16%
SMCI	F	-0.14%
EME	B	-0.14%
CBOE	B	-0.14%
LPLA	D	-0.13%
EXPD	D	-0.13%
WAT	B	-0.13%
FDS	C	-0.12%
ROL	C	-0.12%
WST	D	-0.12%
GGG	C	-0.11%
OMC	C	-0.11%
MOH	F	-0.11%
ENPH	F	-0.11%
WSO	C	-0.11%
ERIE	A	-0.11%
JKHY	A	-0.1%
AVY	D	-0.09%
PKG	B	-0.09%
AOS	C	-0.08%
UTHR	C	-0.08%
RS	D	-0.08%
MKTX	B	-0.07%
IPG	D	-0.06%
SEIC	B	-0.06%
AFG	A	-0.06%
PAYC	D	-0.06%
SOLV	C	-0.05%
WBA	F	-0.03%