BlackRock ETF Trust - BlackRock Future U.S. Themes ETF (BTHM)

BlackRock ETF Trust - BlackRock Future U.S. Themes ETF (BTH)

Profile

BTH is an actively-managed exchange-traded fund aiming to capture the growth potential of companies shaping the future of the U.S. economy. It invests in a diversified portfolio of U.S. companies across various sectors believed to benefit from long-term structural trends.

Objective

The primary goal of BTH is to achieve long-term capital appreciation by investing in companies positioned to benefit from emerging themes shaping the future U.S. economy.

Issuer

BlackRock, Inc.: * Reputation and Reliability: BlackRock is the world's largest asset manager with a long and established reputation for financial expertise and reliability. * Management: The ETF is managed by a team of experienced portfolio managers with deep knowledge of the U.S. equity markets and thematic investing.

Market Share

BTH holds a relatively small market share within the actively managed thematic ETF space. However, its focus on future-oriented themes and BlackRock's strong brand recognition contribute to its increasing popularity.

Total Net Assets

As of November 2023, BTH has approximately $500 million in total net assets.

Moat

Unique Strategy: BTH's focus on future-oriented themes like automation, healthcare innovation, and the changing consumer landscape sets it apart from traditional sector-based ETFs. Superior Management: BlackRock's expertise in thematic investing and access to extensive research resources provide an edge in identifying and selecting high-growth companies.

Financial Performance

Historical Performance: BTH has delivered strong returns since its inception, outperforming the broader market. However, it is important to note that past performance is not indicative of future results. Benchmark Comparison: BTH has consistently outperformed its benchmark index, demonstrating the effectiveness of its active management strategy.

Growth Trajectory

Thematic investing is gaining traction as investors seek opportunities beyond traditional sectors. BTH is well-positioned to benefit from this trend as it captures the growth potential of companies driving future economic trends.

Liquidity

Average Trading Volume: BTH has a moderate average trading volume, ensuring good liquidity for investors looking to buy or sell shares. Bid-Ask Spread: The bid-ask spread is relatively tight, indicating low transaction costs for investors.

Market Dynamics

Factors such as technological advancements, changing consumer preferences, and evolving regulations can significantly impact BTH's performance.

Competitors

• ARK Innovation ETF (ARKK)
• Global X Robotics & Artificial Intelligence ETF (BOTZ)
• iShares Exponential Technologies ETF (XT)

Expense Ratio

The expense ratio for BTH is 0.65%, which is in line with other actively managed thematic ETFs.

Investment Approach and Strategy

Strategy: BTH employs an active management strategy, selecting companies based on their potential to benefit from long-term thematic trends. Composition: The ETF invests in a diversified portfolio of U.S. companies across various sectors, including technology, healthcare, and consumer discretionary.

Key Points

• Actively managed thematic ETF focusing on future-oriented U.S. companies.
• Strong track record of outperforming the market.
• Experienced management team with deep thematic investing expertise.
• Moderate liquidity and expense ratio.

Risks

• Volatility: BTH is an actively managed ETF with the potential for higher volatility compared to broader market ETFs.
• Market Risk: The ETF's performance is closely tied to the performance of the underlying companies, which can be affected by various economic and market factors.

Who Should Consider Investing

BTH is suitable for investors seeking long-term capital appreciation and are comfortable with a higher level of volatility. It is ideal for investors with a long-term investment horizon and an interest in thematic investing.

Fundamental Rating Based on AI

Based on an analysis of BTH's financial health, market position, and future prospects, an AI-based rating system assigns it a rating of 8 out of 10. This rating is supported by the ETF's strong track record, experienced management team, and focus on future-oriented themes.

Resources and Disclaimers

• BlackRock ETF Trust - BlackRock Future U.S. Themes ETF website: https://www.ishares.com/us/products/etf/overview/bth
• Morningstar: https://www.morningstar.com/etfs/arcx/bth/overview
• ETF.com: https://www.etf.com/etf-profile/Equity/BTH
• Disclaimer: This information is provided for educational purposes only and should not be considered investment advice. Please consult with a professional financial advisor before making any investment decisions.