BPAY vs. IAT ETF Comparison

Comparison of BlackRock Future Financial and Technology ETF (BPAY) to iShares U.S. Regional Banks ETF (IAT)

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

$24.37

Average Daily Volume

292

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

IAT

iShares U.S. Regional Banks ETF

IAT Description

The investment seeks to track the investment results of an index composed of U.S. equities in the regional banks sector. The fund generally invests at least 90% of its assets in securities of the index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Regional Banks Index (the "underlying index"), which measures the performance of the regional bank sector of the U.S. equity market. The underlying index is a subset of the Dow Jones U.S. Bank Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.12

Average Daily Volume

325,321

Number of Holdings ^*

34

* may have additional holdings in another (foreign) market

Performance

Period	BPAY	IAT
30 Days	-4.24%	-4.43%
60 Days	6.40%	3.85%
90 Days	3.36%	12.29%
12 Months	26.86%	49.45%

0 Overlapping Holdings

	Symbol	Grade	Weight in BPAY	Weight in IAT	Overlap

BPAY Overweight 8 Positions Relative to IAT

	Symbol	Grade	Weight
	DFS	C	5.19%
	GPN	F	4.97%
	PYPL	C	4.66%
	SYF	B	4.34%
	SCHW	D	4.01%
	FI	A	3.76%
	KSPI	F	3.65%
	WEX	C	3.63%

BPAY Underweight 34 Positions Relative to IAT

	Symbol	Grade	Weight
	PNC	C	-14.36%
	USB	C	-14.0%
	TFC	D	-11.23%
	FITB	C	-5.02%
	MTB	C	-4.6%
	FCNCA	D	-4.41%
	HBAN	D	-4.37%
	RF	C	-4.33%
	CFG	D	-3.76%
	KEY	C	-3.17%
	EWBC	D	-2.32%
	WAL	C	-1.92%
	FHN	D	-1.71%
	WBS	D	-1.63%
	CMA	C	-1.61%
	PNFP	D	-1.52%
	SSB	C	-1.5%
	WTFC	D	-1.46%
	CFR	D	-1.46%
	BPOP	D	-1.46%
	CBSH	D	-1.44%
	ZION	D	-1.41%
	PB	D	-1.39%
	SNV	D	-1.3%
	GBCI	C	-1.05%
	FNB	D	-1.03%
	UBSI	D	-1.02%
	HOMB	D	-1.02%
	FFIN	D	-0.97%
	UMBF	C	-0.95%
	OZK	F	-0.91%
	VLY	C	-0.77%
	BOKF	D	-0.48%
	TFSL	F	-0.14%

BPAY: Top Represented Industries & Keywords

Industries: Business Services Credit Services Capital Markets Software - Infrastructure

Keywords: S&P 500 Payment Systems Credit Card Debit Card Deposit Products E-Commerce Bank Global Payments Individual Retirement Account Mobile Payments Nasdaq 100 Payment Card Payment Solutions Transaction Processing Transaction Processing Services Audiology Bank Account Banking Banking Products Broker Dealer

IAT: Top Represented Industries & Keywords

Industries: Banks - Regional - US Banks - Global

Keywords: Bank Banking Commercial Banking Deposit Products Real Estate Loans Cash Management Services Trust Services Cash Management Commercial Bank Internet Banking S&P 500 Deposit Services Asset Management Banking Services Financial Products Investment Bank Investment Banking Mobile Banking Mortgage Banking Deposit Facilities