BYLD vs. FDTB ETF Comparison

Comparison of iShares Yield Optimized Bond ETF (BYLD) to Foundations Dynamic Income ETF (FDTB)

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

$22.70

Average Daily Volume

76,623

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

FDTB

Foundations Dynamic Income ETF

FDTB Description

The fund is an actively managed exchanged traded fund ("ETF") that, under normal market conditions, primarily invests, directly or indirectly, in fixed-income securities and other instruments with exposure to the U.S. bond market.

Grade (RS Rating)

Last Trade

$9.74

Average Daily Volume

39,314

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	BYLD	FDTB
30 Days	2.03%	3.38%
60 Days	3.27%	4.78%
90 Days	4.18%	5.21%
12 Months	10.37%

0 Overlapping Holdings

	Symbol	Grade	Weight in BYLD	Weight in FDTB	Overlap

BYLD Overweight 6 Positions Relative to FDTB

	Symbol	Grade	Weight
	CMBS	A	1.0%
	FLOT	A	1.0%
	EMHY	A	1.0%
	USHY	A	1.0%
	SGOV	A	1.0%
	IGLB	A	1.0%

BYLD Underweight 9 Positions Relative to FDTB

	Symbol	Grade	Weight
	VGLT	A	-41.25%
	TLT	A	-10.3%
	VGIT	A	-10.25%
	USIG	A	-10.21%
	VGSH	A	-10.15%
	VCSH	A	-7.09%
	VCLT	A	-5.11%
	JNK	A	-2.04%
	VCIT	A	-1.03%

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

FDTB: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bloomberg Barclays Us Aggregate Bond Index Bond Market Indices Merrill Lynch Corporate Bond U.S. Government U.S. Treasury Fixed Income Government Bond Stock Market Index Year Government Barclays U.S. Long Government Bear Market ETF Bond Market Government Bonds High Yield Debt Index Fund Inflation