DYNF vs. VCEB ETF Comparison

Comparison of BlackRock U.S. Equity Factor Rotation ETF (DYNF) to Vanguard ESG U.S. Corporate Bond ETF (VCEB)

DYNF

BlackRock U.S. Equity Factor Rotation ETF

DYNF Description

The investment seeks to outperform the investment results of the large- and mid-capitalization U.S. equity markets by providing diversified and tactical exposure to style factors via a factor rotation model. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets plus the amount of any borrowings for investment purposes in U.S. listed common stock of large- and mid-capitalization companies selected based on a proprietary Factor Rotation model developed by BFA and its affiliates. It is non-diversified.

Grade (RS Rating)

Last Trade

$46.58

Average Daily Volume

1,099,385

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VCEB

Vanguard ESG U.S. Corporate Bond ETF

VCEB Description

The investment seeks to track the performance of the Bloomberg Barclays MSCI US Corporate SRI Select Index (the ?index?). The index excludes bonds with maturities of 1 year or less and with less than $750 million outstanding, and is screened for certain environmental, social, and governance (ESG) criteria by the index provider, which is independent of Vanguard. All of the fund?s investments will be selected through the sampling process, and under normal circumstances, at least 80% of the fund?s assets will be invested in bonds included in the index.

Grade (RS Rating)

Last Trade

$64.52

Average Daily Volume

31,345

Number of Holdings ^*

245

* may have additional holdings in another (foreign) market

Performance

Period	DYNF	VCEB
30 Days	5.10%	2.77%
60 Days	-2.80%	3.97%
90 Days	1.87%	5.29%
12 Months	29.01%	10.56%

56 Overlapping Holdings

Symbol	Grade	Weight in DYNF	Weight in VCEB	Overlap
AAPL	C	7.25%	0.01%	0.01%
ACGL	B	0.53%	0.03%	0.03%
ADBE	B	0.01%	0.01%	0.01%
AFL	B	0.0%	0.05%	0.0%
AMAT	F	0.64%	0.01%	0.01%
AMZN	D	4.01%	0.01%	0.01%
APH	D	0.13%	0.02%	0.02%
AVGO	D	2.26%	0.02%	0.02%
AXP	B	0.44%	0.01%	0.01%
BAC	D	2.94%	0.02%	0.02%
BKNG	C	1.24%	0.02%	0.02%
C	D	0.46%	0.01%	0.01%
CAT	C	1.29%	0.01%	0.01%
CFG	B	0.0%	0.03%	0.0%
CMCSA	C	0.0%	0.01%	0.0%
CMI	B	0.01%	0.02%	0.01%
CRM	D	1.13%	0.02%	0.02%
CSCO	B	1.33%	0.02%	0.02%
DE	B	0.0%	0.02%	0.0%
DELL	F	0.01%	0.01%	0.01%
DIS	F	0.0%	0.01%	0.0%
EBAY	A	0.0%	0.01%	0.0%
EG	B	0.41%	0.03%	0.03%
ETN	D	0.26%	0.03%	0.03%
GM	B	0.71%	0.01%	0.01%
GOOGL	D	2.88%	0.02%	0.02%
GWW	C	0.11%	0.04%	0.04%
HD	B	0.02%	0.01%	0.01%
HIG	B	1.32%	0.02%	0.02%
HPE	D	0.0%	0.01%	0.0%
INTC	F	0.0%	0.01%	0.0%
JPM	B	3.92%	0.01%	0.01%
LEN	B	4.11%	0.04%	0.04%
LLY	B	0.04%	0.03%	0.03%
MA	B	1.67%	0.03%	0.03%
MCK	D	0.0%	0.02%	0.0%
MET	B	0.05%	0.01%	0.01%
MLM	D	0.01%	0.02%	0.01%
MMC	A	0.0%	0.04%	0.0%
MRK	D	0.01%	0.01%	0.01%
MSFT	D	7.42%	0.01%	0.01%
NOW	B	1.36%	0.04%	0.04%
NVDA	D	8.31%	0.01%	0.01%
ORCL	A	0.64%	0.02%	0.02%
PG	A	1.87%	0.01%	0.01%
PGR	A	1.71%	0.05%	0.05%
PH	B	0.16%	0.01%	0.01%
QCOM	F	0.02%	0.01%	0.01%
RSG	B	0.0%	0.01%	0.0%
TJX	B	1.05%	0.07%	0.07%
TMUS	B	2.35%	0.01%	0.01%
TRV	A	1.18%	0.02%	0.02%
TT	B	0.99%	0.02%	0.02%
UNH	A	2.56%	0.01%	0.01%
V	A	3.71%	0.02%	0.02%
WM	D	0.16%	0.01%	0.01%

DYNF Overweight 38 Positions Relative to VCEB

Symbol	Grade	Weight
BRK.A	B	4.0%
XOM	C	3.93%
META	C	3.65%
COST	B	2.33%
DUK	A	1.46%
WMT	A	1.45%
GOOG	D	1.4%
TEL	C	1.33%
PANW	B	1.09%
PCAR	D	0.86%
NFLX	B	0.82%
PHM	B	0.82%
GE	C	0.74%
MPC	D	0.64%
LIN	B	0.61%
TRGP	A	0.56%
INTU	D	0.48%
CVX	F	0.29%
WFC	D	0.27%
RTX	B	0.17%
DHI	B	0.05%
AMD	F	0.03%
CMG	D	0.02%
SO	A	0.01%
VLO	D	0.01%
CRWD	F	0.01%
WDAY	C	0.01%
KHC	A	0.01%
CPNG	B	0.0%
M	F	0.0%
SNOW	F	0.0%
NU	B	0.0%
NTNX	A	0.0%
WTW	A	0.0%
MO	A	0.0%
PSX	D	0.0%
ANET	D	0.0%
DOV	C	0.0%

DYNF Underweight 189 Positions Relative to VCEB

Symbol	Grade	Weight
DT	A	-0.19%
MTB	B	-0.07%
MOS	F	-0.06%
WRK	C	-0.06%
DD	C	-0.06%
MDT	A	-0.05%
EQH	C	-0.05%
MCHP	D	-0.04%
KMB	A	-0.04%
OTIS	D	-0.04%
STLA	F	-0.04%
AZO	B	-0.04%
CTAS	B	-0.04%
CPT	B	-0.04%
VRSK	C	-0.04%
EXPE	C	-0.04%
FTV	D	-0.03%
EQR	B	-0.03%
DGX	B	-0.03%
VRSN	C	-0.03%
CMA	B	-0.03%
BWA	D	-0.03%
BG	D	-0.03%
SJM	A	-0.03%
ROP	C	-0.03%
RF	B	-0.03%
PWR	C	-0.03%
PPG	D	-0.03%
DOC	B	-0.03%
ORLY	B	-0.03%
AMP	B	-0.03%
NVR	B	-0.03%
LH	B	-0.03%
K	A	-0.03%
IFF	A	-0.03%
HAS	B	-0.03%
NTRS	B	-0.03%
BHF	D	-0.03%
SYF	C	-0.03%
GIS	A	-0.03%
DG	F	-0.03%
WAB	B	-0.03%
ITW	C	-0.03%
ADP	B	-0.03%
MU	F	-0.03%
BDX	D	-0.03%
EQIX	B	-0.03%
ZBH	D	-0.03%
ALLY	C	-0.03%
BMY	B	-0.03%
ABT	A	-0.03%
VOD	A	-0.03%
ABBV	B	-0.03%
HUN	D	-0.02%
HST	D	-0.02%
HRL	A	-0.02%
MKC	A	-0.02%
LEA	F	-0.02%
AJG	A	-0.02%
NTAP	D	-0.02%
A	B	-0.02%
QRVO	D	-0.02%
RL	A	-0.02%
BEN	F	-0.02%
BAX	A	-0.02%
VTR	A	-0.02%
VMC	D	-0.02%
UHS	B	-0.02%
CAH	A	-0.02%
XRAY	D	-0.02%
CSL	C	-0.02%
EMN	C	-0.02%
VFC	B	-0.02%
CF	B	-0.02%
RJF	D	-0.02%
AWK	A	-0.02%
O	A	-0.02%
HBAN	B	-0.02%
BLK	B	-0.02%
SWK	B	-0.02%
REGN	B	-0.02%
EFX	B	-0.02%
DLTR	F	-0.02%
CME	A	-0.02%
WBA	F	-0.02%
ADM	D	-0.02%
BR	C	-0.02%
SHW	B	-0.02%
SBUX	B	-0.02%
CPB	A	-0.02%
GLW	C	-0.02%
OMC	B	-0.02%
NEM	B	-0.02%
APD	B	-0.02%
FITB	B	-0.02%
BABA	B	-0.02%
DB	B	-0.02%
CARR	B	-0.02%
IBM	A	-0.02%
HCA	B	-0.02%
HSBC	B	-0.02%
GSK	A	-0.02%
AZN	B	-0.02%
CHTR	C	-0.02%
VZ	B	-0.02%
EXP	B	-0.01%
ADI	C	-0.01%
GLPI	A	-0.01%
EA	C	-0.01%
WB	F	-0.01%
MRVL	D	-0.01%
MDLZ	A	-0.01%
GPN	C	-0.01%
PLD	B	-0.01%
MSI	B	-0.01%
AON	A	-0.01%
BRX	A	-0.01%
MMM	B	-0.01%
MAR	D	-0.01%
KEY	B	-0.01%
RPRX	B	-0.01%
ARE	D	-0.01%
SCHW	D	-0.01%
DLR	D	-0.01%
DHR	B	-0.01%
ZTS	A	-0.01%
TXN	C	-0.01%
NXPI	D	-0.01%
KO	B	-0.01%
KLAC	D	-0.01%
HUM	D	-0.01%
USB	B	-0.01%
TSN	A	-0.01%
BXP	A	-0.01%
BSX	A	-0.01%
TMO	A	-0.01%
BMO	D	-0.01%
BK	B	-0.01%
BERY	B	-0.01%
STT	B	-0.01%
PYPL	B	-0.01%
FIS	A	-0.01%
WELL	A	-0.01%
CM	A	-0.01%
CCI	A	-0.01%
AER	C	-0.01%
NKE	C	-0.01%
LOW	B	-0.01%
KDP	A	-0.01%
HPQ	D	-0.01%
CB	A	-0.01%
CAG	A	-0.01%
BNS	A	-0.01%
SYY	A	-0.01%
SPG	B	-0.01%
PRU	C	-0.01%
AMT	A	-0.01%
FDX	D	-0.01%
DOW	D	-0.01%
DFS	C	-0.01%
PNC	B	-0.01%
PFE	D	-0.01%
PEP	A	-0.01%
AL	D	-0.01%
LUV	A	-0.01%
LRCX	F	-0.01%
ICE	A	-0.01%
COF	C	-0.01%
CI	B	-0.01%
TGT	B	-0.01%
TD	A	-0.01%
BIIB	D	-0.01%
SYK	A	-0.01%
VTRS	C	-0.01%
TFC	B	-0.01%
AMGN	C	-0.01%
NWG	C	-0.01%
MUFG	D	-0.01%
JNJ	B	-0.01%
UPS	F	-0.01%
AIG	D	-0.01%
MCD	A	-0.01%
GILD	A	-0.01%
RY	A	-0.01%
FOXA	B	-0.01%
GS	C	-0.01%
T	A	-0.01%
MS	C	-0.01%
CVS	F	-0.01%