BLCR vs. CNEQ ETF Comparison

Comparison of BlackRock Large Cap Core ETF (BLCR) to Alger Concentrated Equity ETF (CNEQ)

BLCR

BlackRock Large Cap Core ETF

BLCR Description

Under normal circumstances, the fund invests at least 80% of its net assets plus the amount of any borrowings for investment purposes in large cap equity securities and derivatives that have similar economic characteristics to such securities. The fund primarily seeks to buy common stock and may also invest in preferred stock and convertible securities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.31

Average Daily Volume

527

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CNEQ

Alger Concentrated Equity ETF

CNEQ Description

CNEQ is actively managed, investing in large-cap companies on U.S. exchanges that have a promising growth potential. At least 25% of the total assets go into related industries like software and technology hardware, semiconductors, IT services, electronic devices, retail and communication industries. The fund may invest more than 25% of total assets get invested in a single industry. A significant portion may be dedicated to enterprises within a sector, like Information Technology and Communication Services. The portfolio generally comprises no more than 30 holdings, often selling when a stock reaches its target price. The Fund also invests in cash and cash equivalents during market volatility or in the absence of viable long-term investment options. This cash holding is not expected to exceed 15% of net assets.

Grade (RS Rating)

Last Trade

$25.51

Average Daily Volume

3,734

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BLCR	CNEQ
30 Days	1.22%	6.39%
60 Days	0.91%	11.26%
90 Days	1.14%	15.00%
12 Months	21.77%

9 Overlapping Holdings

Symbol	Grade	Weight in BLCR	Weight in CNEQ	Overlap
AAPL	C	4.02%	8.58%	4.02%
AMZN	C	6.3%	8.1%	6.3%
AVGO	D	0.19%	3.17%	0.19%
GOOG	C	0.1%	1.98%	0.1%
META	D	3.72%	6.47%	3.72%
MSFT	F	7.8%	13.34%	7.8%
MU	D	1.21%	1.27%	1.21%
NVDA	C	4.17%	13.04%	4.17%
UNH	C	1.05%	0.99%	0.99%

BLCR Overweight 41 Positions Relative to CNEQ

Symbol	Grade	Weight
GOOGL	C	3.38%
MRVL	B	3.06%
BRK.A	B	2.81%
ICE	C	2.61%
CIEN	B	2.45%
JPM	A	2.3%
CMCSA	B	2.27%
CAH	B	2.23%
APD	A	2.22%
DFS	B	2.11%
EA	A	1.99%
FTV	C	1.88%
SNY	F	1.87%
AMD	F	1.76%
ZBRA	B	1.72%
CCI	D	1.7%
CTSH	B	1.7%
CTVA	C	1.64%
HON	B	1.63%
THC	D	1.56%
WAB	B	1.55%
NVO	D	1.54%
RGA	A	1.39%
DNB	B	1.31%
HUM	C	1.3%
TMO	F	1.26%
DLTR	F	1.17%
FNF	B	1.15%
AMAT	F	1.15%
COP	C	1.14%
RTX	C	1.14%
TKO	B	1.1%
ELV	F	1.07%
OTIS	C	1.05%
AVTR	F	1.05%
SSNC	B	1.01%
UBER	D	1.0%
BP	D	0.97%
SKX	D	0.97%
DEO	F	0.84%
APTV	D	0.79%

BLCR Underweight 16 Positions Relative to CNEQ

Symbol	Grade	Weight
HEI	B	-3.71%
TSM	B	-3.59%
APP	B	-3.29%
DHR	F	-2.35%
LLY	F	-2.28%
ISRG	A	-2.19%
VRT	B	-2.15%
V	A	-2.15%
SPGI	C	-2.14%
NFLX	A	-2.0%
CDNS	B	-1.9%
CEG	D	-1.76%
NTRA	B	-1.52%
MELI	D	-1.16%
TSLA	B	-1.1%
ASML	F	-0.93%