BPAY
BlackRock Future Financial and Technology ETF
BPAY is an actively managed fund of global companies involved in innovative technologies used and applied in financial services.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 8.2 M
ASSETS UNDER MGMT
70 bp
EXPENSES
Fund Basics
| Inception date | Aug 16, 2022 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| BLOCK INC. | 4.6 % |
| CAPITAL ONE FINANCIAL CORP | 4.0 % |
| GLOBAL PAYMENTS INC. | 3.9 % |
| PAYPAL HOLDINGS INC | 3.8 % |
| SCHWAB (CHARLES) CORP | 3.6 % |
| ROBINHOOD MARKETS, INC. CLASS A | 3.4 % |
| ETORO GROUP LTD-A | 3.2 % |
| NU HOLDINGS LTD. CLASS A | 3.0 % |
| SEZZLE INC | 3.0 % |
| LENDINGCLUB CORP | 2.9 % |
Constituent Breakdown
| Number of holdings | 46 |
| Herfindahl-Hirschman Index | 248 |
| Wgt avg mkt cap (mns) | $59,100 |
| Large cap (>$10bn) | 49.4% |
| Mid cap ($2-10bn) | 18.7% |
| Small cap (<$2bn) | 1.8% |
| Developed mkts. | 77.6% |
| Emerging mkts. | 6.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 60.4 % |
 |
BRITAIN | 3.5 % |
 |
CAYMAN ISLANDS | 3.0 % |
 |
ARGENTINA | 2.8 % |
 |
ITALY | 2.4 % |
 |
SINGAPORE | 2.3 % |
 |
KAZAKHSTAN | 2.3 % |
 |
SWITZERLAND | 2.2 % |
 |
NETHERLANDS | 2.1 % |
 |
ISRAEL | 1.8 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -18.6% | -9.5% | -6.1% | 5.5% | -- | -- | -- | -3.3% |
| Dividend Yield | 0.0% | 5.8% | 3.2% | 2.8% | -- | -- | -- | 0.4% |
| Total Returns | -18.6% | -3.6% | -2.8% | 8.3% | -- | -- | -- | -2.9% | Ann. Volatility | 28.0% | 29.3% | 25.1% | 22.8% | -- | -- | -- | 24.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.25 | 66% |
| MSCI EAFE | 1.11 | 45% |
| MSCI Emg Mkts | 0.89 | 37% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.35% |
Technical Indicators
| 30d moving avg. (EMA) | $22.86 |
| Relative strength (RSI) | 44 |
| MACD/Signal | -0.27/-0.44 |
| Bollinger Bands (Upper/Lower) | $23.24/$21.51 |
| Short interest (% of AUM) | 0.7% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. BPAY |
Expenses vs. BPAY |
ALTAR Score™ vs. BPAY |
|---|---|---|---|---|
| IPAY | ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund | 39.2% | +5 bp | +1.1% |
| FINX | Global X FinTech ETF | 33.8% | -2 bp | -3.2% |
| FDFF | Fidelity Disruptive Finance ETF | 23.8% | -20 bp | -1.0% |
| ARKF | ARK Fintech Innovation ETF | 20.5% | +5 bp | -6.0% |
| BLOK | Amplify Transformational Data Sharing ETF | 18.2% | +5 bp | -7.1% |
| RSPF | Invesco S&P 500 Equal Weight Financials ETF | 15.7% | -30 bp | +0.4% |
| BJK | VanEck Gaming ETF | 14.9% | -5 bp | -0.9% |
| FNCL | Fidelity MSCI Financials Index ETF | 14.0% | -62 bp | -0.2% |
| XLF | Financial Select Sector SPDR | 13.5% | -62 bp | -0.6% |
| LVDS | JPMorgan Fundamental Data Science Large Value ETF | 13.5% | -21 bp | -1.5% |
Risk and Returns: BPAY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/12/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
7.3%
ALTAR SCORE™
85th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 583 funds in the Global Equity category with an average
ALTAR Score™ of 4.5% and a standard deviation
of 2.7%. BPAY's ALTAR Score™ is approximately 1.0 standard
deviations above the category average. This places BPAY in the 85th percentile
among funds in the category.
Sell-Side Consensus
$32.88
PRICE TARGET
+45.0%
UPSIDE