BPAY vs. MARB ETF Comparison

Comparison of BlackRock Future Financial and Technology ETF (BPAY) to First Trust Merger Arbitrage ETF (MARB)

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

$26.64

Average Daily Volume

222

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.68

Average Daily Volume

6,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BPAY	MARB
30 Days	2.84%	-1.19%
60 Days	6.47%	-1.25%
90 Days	6.84%	-2.04%
12 Months	30.56%	-1.04%

2 Overlapping Holdings

	Symbol	Grade	Weight in BPAY	Weight in MARB	Overlap
	COF	B	5.3%	-5.12%	-5.12%
	DFS	B	6.07%	4.67%	4.67%

BPAY Overweight 21 Positions Relative to MARB

Symbol	Grade	Weight
SYF	B	5.42%
GPN	C	4.96%
PYPL	B	4.89%
SCHW	A	4.87%
FI	A	4.29%
WEX	F	3.33%
PAYO	A	3.19%
FOUR	A	2.89%
RPAY	D	2.8%
AXP	B	2.62%
SQ	A	2.52%
FIS	C	2.45%
NU	C	2.42%
AX	B	2.29%
LOB	C	1.54%
CCB	A	1.39%
HCI	C	1.19%
MA	B	1.14%
V	A	1.12%
BLND	A	1.05%
XP	F	0.59%

BPAY Underweight 32 Positions Relative to MARB

Symbol	Grade	Weight
HTLF	B	-7.98%
HCP	B	-5.64%
EDR	A	-4.92%
ACI	C	-4.88%
AMED	F	-4.57%
AXNX	A	-4.2%
NAPA	A	-3.99%
ANSS	B	-3.85%
B	A	-3.78%
JNPR	D	-3.65%
EVRI	A	-3.48%
K	B	-3.28%
ESGR	B	-3.18%
CTLT	D	-3.17%
HES	B	-3.07%
VZIO	A	-3.05%
CHX	C	-2.78%
LBPH	A	-2.78%
MGRC	B	-2.75%
FYBR	C	-2.53%
ENV	B	-2.38%
SRDX	B	-2.29%
IBTX	B	-2.21%
RCM	A	-2.07%
MRO	A	-2.03%
WSC	F	--1.0%
COP	B	--2.02%
SNPS	C	--2.21%
SSB	B	--2.22%
CVX	A	--3.56%
SLB	C	--4.15%
UMBF	B	--8.33%