BYLD vs. AVNM ETF Comparison

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

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

$22.43

Average Daily Volume

64,651

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

AVNM

Avantis All International Markets Equity ETF

AVNM Description

The fund is a "fund of funds," meaning that it seeks to achieve its objective by investing in other Avantis exchange-traded funds (ETFs) (collectively, the underlying funds). The underlying funds represent a broadly diversified basket of equity securities that seek to select or overweight securities that are expected to have higher returns or better risk characteristics than a passive, market-cap weighted index.

Grade (RS Rating)

Last Trade

$56.52

Average Daily Volume

11,294

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	BYLD	AVNM
30 Days	0.11%	-3.25%
60 Days	-1.21%	-3.39%
90 Days	-0.05%	-3.56%
12 Months	8.62%	13.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in BYLD	Weight in AVNM	Overlap

BYLD Overweight 6 Positions Relative to AVNM

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

BYLD Underweight 5 Positions Relative to AVNM

	Symbol	Grade	Weight
	AVDE	D	-40.77%
	AVIV	D	-20.18%
	AVEM	D	-18.52%
	AVES	D	-12.12%
	AVDV	C	-8.36%

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

AVNM: Top Represented Industries & Keywords

Industries:

Keywords: Stock Fund Currency Exchange Traded Fund Financial Instrument Swaps Wagering Exchange Traded Funds Financial Market Frontier Markets Mutual Fund Private Sector SPDR Synthetic Replication Venture Capital