BPAY vs. CWS ETF Comparison

Comparison of BlackRock Future Financial and Technology ETF (BPAY) to AdvisorShares Focused Equity ETF (CWS)

BPAY

BlackRock Future Financial and Technology ETF

BPAY Description

The BlackRock Future Financial Technology ETF seeks to maximize total return by investing in the companies delivering innovative and emerging technologies used in the financial services industry.

Grade (RS Rating)

Last Trade

$26.66

Average Daily Volume

216

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CWS

AdvisorShares Focused Equity ETF

CWS Description

The AdvisorShares Focused Equity ETF seeks long-term capital appreciation. CWS aims to achieve its investment objective by investing primarily in a focused group of U.S. exchange-listed equity securities that the portfolio manager believes have favorable fundamental attributes.

Grade (RS Rating)

Last Trade

$69.97

Average Daily Volume

13,817

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BPAY	CWS
30 Days	4.42%	-0.20%
60 Days	6.55%	1.68%
90 Days	7.94%	4.14%
12 Months	31.84%	27.49%

1 Overlapping Holdings

	Symbol	Grade	Weight in BPAY	Weight in CWS	Overlap
	FI	A	4.5%	5.35%	4.5%

BPAY Overweight 21 Positions Relative to CWS

Symbol	Grade	Weight
DFS	B	6.11%
COF	B	6.07%
SYF	B	6.05%
SCHW	A	5.15%
GPN	C	5.0%
PYPL	B	4.92%
WEX	F	3.25%
SQ	A	2.98%
FOUR	A	2.87%
AXP	B	2.62%
RPAY	D	2.53%
FIS	C	2.49%
PAYO	A	2.49%
AX	B	2.32%
NU	C	2.24%
LOB	C	1.6%
CCB	A	1.45%
MA	B	1.15%
HCI	C	1.15%
V	A	1.14%
BLND	A	1.02%

BPAY Underweight 24 Positions Relative to CWS

Symbol	Grade	Weight
FICO	A	-6.68%
MLR	C	-5.32%
HEI	A	-5.2%
APH	B	-4.89%
AFL	C	-4.57%
SYK	A	-4.3%
MCO	B	-4.15%
ICE	D	-4.12%
COR	B	-4.02%
SLGN	A	-3.96%
ROL	B	-3.86%
INTU	B	-3.78%
BR	B	-3.77%
OTIS	D	-3.73%
AGM	B	-3.63%
FDS	B	-3.54%
ABT	B	-3.54%
AWK	C	-3.39%
SAIC	F	-3.38%
MGRC	B	-3.38%
TMO	D	-3.36%
HSY	F	-3.28%
PII	F	-2.38%
CE	F	-1.6%