BYLD vs. AVGE ETF Comparison

Comparison of iShares Yield Optimized Bond ETF (BYLD) to Avantis All Equity Markets ETF (AVGE)

BYLD

iShares Yield Optimized Bond ETF

BYLD Description

The investment seeks to track the investment results of an index composed of underlying fixed income funds that collectively seek to deliver current income. The fund invests primarily in underlying funds that themselves seek investment results corresponding to their own underlying indexes. The fund also invests in a combination of other exchange-traded funds ("ETFs") (including other iShares ETFs), cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates ("BlackRock Cash Funds"). The underlying index is a broadly diversified fixed income index that seeks to deliver current income.

Grade (RS Rating)

Last Trade

$22.44

Average Daily Volume

66,383

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

AVGE

Avantis All Equity Markets ETF

AVGE Description

Avantis All Equity Markets ETF is an exchange traded fund launched and managed by American Century Investment Management Inc. The fund invests in public equity markets of global region. The fund invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Avantis All Equity Markets ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$74.65

Average Daily Volume

21,618

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

Performance

Period	BYLD	AVGE
30 Days	-0.47%	-0.04%
60 Days	-1.17%	2.46%
90 Days	0.12%	4.36%
12 Months	8.95%	24.65%

0 Overlapping Holdings

	Symbol	Grade	Weight in BYLD	Weight in AVGE	Overlap

BYLD Overweight 6 Positions Relative to AVGE

	Symbol	Grade	Weight
	IGLB	D	25.45%
	SGOV	A	24.01%
	USHY	A	20.23%
	EMHY	A	10.17%
	FLOT	A	10.11%
	CMBS	C	9.93%

BYLD Underweight 11 Positions Relative to AVGE

	Symbol	Grade	Weight
	AVUS	A	-44.77%
	AVLV	A	-15.27%
	AVDE	D	-9.79%
	AVEM	D	-5.8%
	AVIV	D	-4.85%
	AVUV	B	-4.07%
	AVSC	B	-3.62%
	AVES	D	-3.44%
	AVRE	C	-2.73%
	AVDV	D	-1.08%
	AVDS	D	-0.94%

BYLD: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Bond Swaps Bond Market Corporate Bond Index Fund Cash And Cash Equivalents Commercial Mortgage Commercial Mortgage Backed Security Commercial Mortgage Securities Association Futures Markets High Yield Debt Money Market Fund Morningstar Mlp Composite Index Tr Mortgage Mortgage Backed Security Public–Private Investment Program For Legacy Assets Salomon Big Structured Finance

AVGE: Top Represented Industries & Keywords

Industries:

Keywords: Stock Fund Currency Exchange Traded Fund Exchange Traded Funds Financial Instrument SPDR Swaps Synthetic Replication Wagering Financial Market American Depositary Receipt Banking Frontier Markets Global Depository Receipt Investment Trust Mortgage Real Estate Investment Trusts Mutual Fund Private Equity Private Sector Real Estate Investment Trust