BPAY vs. XSW ETF Comparison

Comparison of BlackRock Future Financial and Technology ETF (BPAY) to SPDR S&P Software & Services ETF (XSW)

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

$26.85

Average Daily Volume

205

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$189.92

Average Daily Volume

13,114

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	BPAY	XSW
30 Days	5.10%	14.14%
60 Days	7.31%	19.63%
90 Days	8.71%	21.20%
12 Months	31.95%	42.03%

1 Overlapping Holdings

	Symbol	Grade	Weight in BPAY	Weight in XSW	Overlap
	BLND	A	1.02%	0.67%	0.67%

BPAY Overweight 21 Positions Relative to XSW

Symbol	Grade	Weight
DFS	B	6.11%
COF	C	6.07%
SYF	B	6.05%
SCHW	B	5.15%
GPN	B	5.0%
PYPL	B	4.92%
FI	A	4.5%
WEX	D	3.25%
SQ	A	2.98%
FOUR	A	2.87%
AXP	A	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%

BPAY Underweight 132 Positions Relative to XSW

Symbol	Grade	Weight
APP	B	-1.52%
MSTR	B	-1.39%
CIFR	C	-1.29%
RIOT	C	-1.06%
NNBR	C	-1.04%
BILL	A	-1.04%
WULF	C	-1.04%
PLTR	B	-1.02%
CLSK	C	-0.96%
TEAM	A	-0.93%
RBRK	A	-0.88%
FRSH	B	-0.88%
CFLT	B	-0.87%
DOCU	B	-0.87%
HUBS	A	-0.86%
NCNO	C	-0.85%
FIVN	C	-0.85%
VERX	A	-0.84%
QTWO	A	-0.83%
PEGA	B	-0.81%
CRM	B	-0.81%
CRWD	B	-0.81%
MARA	B	-0.81%
IDCC	B	-0.81%
PRO	C	-0.79%
RNG	C	-0.78%
SOUN	B	-0.78%
FTNT	C	-0.78%
INTA	B	-0.77%
ZM	C	-0.76%
OLO	A	-0.76%
CWAN	B	-0.76%
WK	B	-0.76%
PCOR	B	-0.76%
BL	B	-0.75%
KD	B	-0.75%
ALKT	B	-0.75%
FICO	B	-0.75%
AGYS	A	-0.74%
EPAM	B	-0.74%
ZS	B	-0.74%
NTNX	B	-0.73%
ASAN	B	-0.73%
APPN	B	-0.73%
RPD	B	-0.73%
ATEN	A	-0.73%
S	B	-0.73%
CVLT	B	-0.72%
TTWO	A	-0.72%
ESTC	C	-0.72%
QLYS	B	-0.72%
PRGS	A	-0.71%
DDOG	A	-0.71%
ALTR	B	-0.71%
AI	B	-0.71%
DJCO	B	-0.71%
ADSK	A	-0.71%
NOW	A	-0.71%
RBLX	C	-0.7%
PANW	B	-0.7%
DV	C	-0.7%
ACIW	B	-0.7%
ORCL	A	-0.7%
GWRE	A	-0.69%
GEN	B	-0.69%
PD	C	-0.68%
DBX	B	-0.68%
SNPS	B	-0.68%
CDNS	B	-0.68%
VYX	B	-0.67%
IOT	A	-0.67%
EA	A	-0.67%
MITK	C	-0.67%
ZUO	B	-0.67%
GTLB	B	-0.67%
PLTK	B	-0.67%
PTC	B	-0.67%
SWI	C	-0.66%
RAMP	B	-0.66%
ALRM	C	-0.66%
WDAY	B	-0.66%
INTU	B	-0.65%
ANSS	B	-0.65%
IT	C	-0.65%
PATH	C	-0.65%
MANH	D	-0.65%
DT	D	-0.64%
TENB	C	-0.64%
ACN	B	-0.64%
TYL	B	-0.64%
CTSH	B	-0.64%
SMAR	B	-0.64%
BOX	B	-0.63%
BRZE	C	-0.63%
SPT	C	-0.63%
TDC	D	-0.63%
AUR	C	-0.63%
OSPN	A	-0.63%
DXC	B	-0.63%
DLB	B	-0.62%
YEXT	B	-0.62%
ASGN	F	-0.62%
ROP	B	-0.62%
APPF	B	-0.62%
QXO	D	-0.62%
CXM	C	-0.61%
GDYN	B	-0.61%
BLKB	B	-0.61%
SEMR	C	-0.61%
ADBE	C	-0.6%
INFA	D	-0.6%
HCP	B	-0.6%
ENV	B	-0.6%
VRNT	C	-0.59%
MLNK	C	-0.59%
BSY	F	-0.59%
IBM	C	-0.59%
MSFT	D	-0.59%
VRNS	D	-0.59%
U	C	-0.58%
SPSC	D	-0.58%
IBUY	B	-0.55%
NABL	F	-0.53%
JAMF	F	-0.52%
YOU	D	-0.52%
WEAV	C	-0.46%
ETWO	F	-0.44%
CCSI	C	-0.4%
HCKT	B	-0.4%
ZETA	D	-0.39%
DMRC	B	-0.39%
LGTY	C	-0.26%