PAVE vs. BECO ETF Comparison

Comparison of Global X U.S. Infrastructure Development ETF (PAVE) to BlackRock Future Climate and Sustainable Economy ETF (BECO)

PAVE

Global X U.S. Infrastructure Development ETF

PAVE Description

The Global X U.S. Infrastructure Development ETF (PAVE) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the INDXX U.S. Infrastructure Development Index.

Grade (RS Rating)

Last Trade

$36.60

Average Daily Volume

1,307,718

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BECO

BlackRock Future Climate and Sustainable Economy ETF

BECO Description

The investment seeks to maximize total return by investing in companies that BlackRock Fund Advisors (?BFA?) believes are furthering the transition to a lower carbon economy. The fund seeks to maximize total return by primarily investing in companies that BFA believes are furthering the transition to a lower carbon economy. It will also seek to invest in a portfolio of equity securities that, in BFA?s view, has an aggregate environmental assessment that is better than the aggregate environmental assessment of the MSCI ACWI Multiple Industries Select Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.93

Average Daily Volume

385

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PAVE	BECO
30 Days	-3.30%	-2.98%
60 Days	-5.52%	0.74%
90 Days	-7.85%	0.94%
12 Months	19.91%	-1.54%

6 Overlapping Holdings

Symbol	Grade	Weight in PAVE	Weight in BECO	Overlap
ACM	D	1.0%	1.62%	1.0%
DE	F	2.7%	1.37%	1.37%
ETN	C	3.58%	1.58%	1.58%
PWR	D	3.22%	1.37%	1.37%
TT	B	3.65%	1.7%	1.7%
UNP	D	2.55%	1.51%	1.51%

PAVE Overweight 91 Positions Relative to BECO

Symbol	Grade	Weight
EMR	C	3.13%
URI	D	2.99%
PH	D	2.98%
MLM	D	2.98%
SRE	B	2.94%
VMC	D	2.73%
HWM	C	2.72%
CSX	D	2.62%
FAST	D	2.53%
NUE	F	2.5%
ROK	D	2.44%
NSC	D	2.41%
FTV	D	2.15%
STLD	D	1.68%
CSL	C	1.66%
HUBB	C	1.65%
WLK	D	1.55%
J	D	1.46%
EME	D	1.45%
BLDR	F	1.41%
RS	D	1.34%
IEX	D	1.26%
RPM	D	1.15%
TRMB	C	1.14%
GGG	D	1.11%
PNR	D	1.05%
WMS	D	1.05%
BLD	D	1.01%
TTEK	D	0.95%
LECO	F	0.89%
WWD	D	0.88%
RRX	F	0.75%
MTZ	C	0.72%
TPC	C	0.72%
X	C	0.68%
CR	C	0.68%
WCC	D	0.67%
RBC	C	0.65%
CLF	D	0.63%
AYI	D	0.62%
EXP	D	0.62%
ATI	C	0.6%
AA	B	0.57%
MLI	C	0.54%
POWL	D	0.51%
CMC	D	0.51%
LPX	D	0.49%
VMI	C	0.48%
BMI	C	0.47%
STRL	D	0.46%
AGX	C	0.46%
MDU	C	0.44%
USLM	C	0.44%
CRS	B	0.44%
DY	B	0.43%
PRIM	D	0.43%
ZWS	D	0.42%
ATKR	F	0.41%
EXPO	C	0.41%
CENX	B	0.39%
DXPE	D	0.39%
GVA	B	0.38%
DNOW	D	0.38%
SUM	D	0.37%
ROAD	D	0.36%
MWA	C	0.35%
MTX	C	0.35%
CSWI	A	0.34%
KNF	C	0.33%
MRC	D	0.33%
ACA	D	0.33%
TRN	D	0.32%
NWPX	D	0.32%
HRI	F	0.31%
GRC	C	0.31%
TEX	D	0.3%
GBX	D	0.3%
HAYN	C	0.3%
CACC	B	0.29%
MYRG	F	0.28%
MTRN	F	0.25%
CMCO	F	0.25%
IIIN	F	0.25%
HEES	F	0.24%
ROCK	D	0.24%
ASTE	F	0.23%
WNC	F	0.23%
CALX	C	0.22%
CTOS	F	0.19%
RYI	F	0.16%
TITN	F	0.16%

PAVE Underweight 20 Positions Relative to BECO

Symbol	Grade	Weight
ECL	B	-3.1%
AVY	D	-3.07%
RSG	A	-2.95%
NEE	D	-2.89%
ADI	B	-2.58%
BG	B	-2.23%
CLH	B	-2.16%
XYL	D	-2.06%
CCK	F	-1.97%
GEV	B	-1.93%
ADSK	B	-1.56%
IR	C	-1.51%
FSLR	C	-1.45%
AGCO	F	-1.42%
JBT	F	-1.4%
ON	C	-1.35%
PTC	B	-1.31%
CSIQ	F	-1.28%
DAR	F	-1.08%
ROG	D	-0.83%