BPAY vs. FPAG ETF Comparison

Comparison of BlackRock Future Financial and Technology ETF (BPAY) to FPA Global Equity ETF (FPAG)

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

$24.93

Average Daily Volume

331

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FPAG

FPA Global Equity ETF

FPAG Description

Although the adviser has adopted a policy to invest at least 80% of its assets in equity securities, the adviser expects to invest, under normal circumstances, at least 95% of the fund?s assets in equity securities. The fund invests primarily in publicly traded common stocks of mid- and large-cap U.S. and non-U.S. companies, including companies in emerging market countries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.75

Average Daily Volume

25,748

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BPAY	FPAG
30 Days	2.27%	0.08%
60 Days	-2.07%	1.01%
90 Days	8.82%	5.63%
12 Months	36.36%	31.03%

0 Overlapping Holdings

	Symbol	Grade	Weight in BPAY	Weight in FPAG	Overlap

BPAY Overweight 24 Positions Relative to FPAG

Symbol	Grade	Weight
PYPL	B	5.29%
DFS	A	5.25%
SYF	B	4.64%
SCHW	B	4.51%
GPN	D	4.5%
FI	A	4.41%
COF	A	3.49%
WEX	F	3.47%
FOUR	B	2.93%
FIS	B	2.7%
PAYO	B	2.66%
XP	F	2.65%
AXP	A	2.61%
RPAY	D	2.59%
SQ	B	2.57%
NU	C	2.53%
AX	B	2.04%
PAGS	F	1.88%
LOB	D	1.48%
HCI	B	1.32%
CCB	A	1.26%
MA	B	1.19%
V	A	1.1%
BLND	C	0.86%

BPAY Underweight 25 Positions Relative to FPAG

Symbol	Grade	Weight
GOOGL	A	-6.38%
META	B	-5.35%
ADI	C	-5.13%
C	A	-4.88%
CMCSA	A	-4.78%
TEL	A	-4.58%
GOOG	A	-4.17%
IFF	D	-3.84%
WFC	B	-3.66%
AMZN	A	-3.39%
AON	A	-2.69%
AVGO	B	-2.26%
NXPI	C	-2.21%
KMX	F	-1.85%
CHTR	B	-1.75%
KMI	B	-1.72%
MAR	A	-1.69%
FE	D	-1.49%
HWM	B	-1.29%
ICLR	F	-1.26%
WAB	B	-1.23%
UBER	C	-1.16%
NFLX	A	-0.66%
BABA	B	-0.29%
PCG	B	-0.21%