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ETFs

BlackRock Future Financial and Technology ETF

BPAY
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 16 2022
Expense Ratio
0.70%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$615
AUM
$4,090,659
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
7.82%
KSPI
JSC KASPI KZ GLOBAL SPONSORED REG
5.22%
GPN
Global Payments, Inc.
5.21%
WEX
WEX Inc
5.10%
FIS
Fidelity National Information Services, Inc.
4.69%
FI
Fiserv, Inc.
4.36%
5838
Rakuten Bank Ltd.
3.98%
PAGS
PagSeguro Digital Ltd - Ordinary Shares - Class A
3.75%
NVEI
Nuvei Corporation - Ordinary Shares (Sub Voting)
3.66%
XP
XP Inc - Ordinary Shares - Class A
3.61%
Invest with BPAY

What is BPAY?

The BlackRock Future Financial Technology ETF seeks to maximize total return by investing in the companies delivering innovative and emerging technologies used in the financial services industry. It seeks outperformance by accessing technology disruption around the world and across multiple areas in finance, such as payments, banking, investments, insurance and software.

ETFs related toBPAY

ETFs correlated to BPAY include IPAY, IYG, VXF

BPAY
BlackRock ETF Trust - BlackRock Future Financial and Technology ETF
IPAY
ETF Managers Group LLC - ETFMG Prime Mobile Payments ETF
IYG
BlackRock Institutional Trust Company N.A. - iShares U.S. Financial Services ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
FINX
Global X Funds - Global X Funds Global X FinTech ETF
KCE
SPDR Series Trust - SPDR S&P Capital Markets ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

BPAY is a Global Equities ETF. The BlackRock Future Financial Technology ETF seeks to maximize total return by investing in the companies delivering innovative and emerging technologies used in the financial services industry. It seeks outperformance by accessing technology disruption around the world and across multiple areas in finance, such as payments, banking, investments, insurance and software.

Yes, BPAY is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, BPAY is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BPAY is -0.0306%. This is the percent change in the value of BPAY over the most recent 1-month period. The 3-month return on BPAY is 0.0137%. This is the percent change in the value of BPAY over the most recent 3-month period.

The standard deviation of BPAY for the past year is 0.2458%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BPAY include PBW, IGF, and ARKK.

ETFs correlated to BPAY include IPAY, IYG, and VXF.

ETFs that are inversely correlated to BPAY include TWM, TZA, and RWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.