BLCV vs. RULE ETF Comparison

Comparison of BlackRock Large Cap Value ETF (BLCV) to Adaptive Core ETF (RULE)

BLCV

BlackRock Large Cap Value ETF

BLCV Description

Under normal circumstances, the fund seeks to invest 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 invests primarily in equity securities that BFA believes are undervalued, which means that their prices are less than BFA believes they are worth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.27

Average Daily Volume

1,258

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RULE

Adaptive Core ETF

RULE Description

Adaptive Core ETF seeks current income. The fund invests in individual equity securities without regard to market capitalization and ETFs that invest in equity securities of any market capitalization including convertible equity securities and fixed income ETFs. The fund’s portfolio may hold securities from issuers of any market capitalization, credit quality, maturity, or country. Fixed income securities may include securities with credit quality below investment grade (commonly referred to as “junk bond” credit quality).

Grade (RS Rating)

Last Trade

$21.87

Average Daily Volume

12,842

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BLCV	RULE
30 Days	1.21%	1.48%
60 Days	6.86%	6.96%
90 Days	6.30%	-0.23%
12 Months	31.22%	20.08%

3 Overlapping Holdings

Symbol	Grade	Weight in BLCV	Weight in RULE	Overlap
BAX	D	2.4%	2.89%	2.4%
CAH	B	2.97%	2.83%	2.83%
FCNCA	D	2.51%	2.98%	2.51%

BLCV Overweight 7 Positions Relative to RULE

Symbol	Grade	Weight
WFC	B	3.48%
C	B	3.37%
LHX	A	2.55%
SSNC	C	2.53%
CVS	D	2.44%
MDT	C	2.4%
ICE	A	2.38%

BLCV Underweight 31 Positions Relative to RULE

Symbol	Grade	Weight
BIL	B	-4.39%
JPST	C	-4.38%
VEEV	C	-3.37%
ISRG	C	-3.2%
MSI	A	-3.16%
NOW	B	-3.15%
CRM	B	-3.13%
META	A	-3.11%
SPHQ	B	-3.1%
SPGI	C	-3.04%
BRO	A	-3.03%
XLG	A	-3.03%
BLDR	C	-2.95%
IWF	B	-2.87%
COST	C	-2.86%
AON	A	-2.82%
REGN	D	-2.79%
RMD	C	-2.76%
INTU	F	-2.75%
BK	A	-2.69%
VRSK	D	-2.63%
MSFT	D	-2.63%
CPAY	A	-2.61%
IRM	B	-2.6%
URI	C	-2.56%
WMT	A	-2.4%
NFLX	A	-2.38%
DASH	A	-2.31%
FTNT	A	-2.3%
GPN	F	-2.27%
ADBE	F	-2.06%