{
 "ticker": "BPAY",
 "name": "iShares FinTech Active ETF",
 "issuer": "iShares",
 "desk": "themes",
 "url": "https://etfiq.com/funds/BPAY",
 "html": "https://etfiq.com/funds/BPAY",
 "markdown": "https://etfiq.com/funds/BPAY.md",
 "as_of": "2026-09-11",
 "verdict": "BPAY holds 41 stocks, and 68% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "31.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BPAY, already in the S&P 500: 31.6%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BPAY, active share vs the S&P 500: 97.4%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "41.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BPAY, top ten holdings: 41.1%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u221213.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "BPAY, total return, 1 year: \u221213.2%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$9m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "BPAY, net assets: $9m (SEC filing, whole fund, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.55%",
   "source": "485BPOS XBRL, Nov 21, 2025",
   "as_of": "2026-09-11",
   "sentence": "BPAY, expense ratio: 0.55% (485BPOS XBRL, Nov 21, 2025)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Fintech and digital payments",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Aug 18, 2022",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "31.6%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.4%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "4.5%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "99.5%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "41.1%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "41",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "CHIME FINANCIAL CLASS A 5.1%, BLK CSH FND TREASURY SL AGENCY 4.8%, GLOBAL PAYMENTS INC 4.8%, ROBINHOOD MARKETS CLASS A 4.4%, CAPITAL ONE FINANCIAL CORP 4.1%, BLOCK CLASS A 3.9%, JSC KASPI KZ GLOBAL SPONSORED ADS 3.9%, FIDELITY NATIONAL INFORMATION SERV 3.7%, SEA ADS REPRESENTING LTD CLASS A 3.4%, MERCADOLIBRE 3.1%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$9m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221216.6%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.55%",
   "source": "485BPOS XBRL, Nov 21, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.56%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "IPAY 39%, KYC 38%, FINX 30%, FDIG 28%, FDFF 26%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+11.4%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+8.2 pts",
   "Gap to Nasdaq-100": "+12.2 pts"
  },
  {
   "window": "6 months",
   "Total return": "+19.1%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+3.1 pts",
   "Gap to Nasdaq-100": "\u22121.5 pts"
  },
  {
   "window": "1 year",
   "Total return": "\u221213.2%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "\u221230.7 pts",
   "Gap to Nasdaq-100": "\u221236.2 pts"
  },
  {
   "window": "3 years",
   "Total return": "+36.7%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "\u221241.1 pts",
   "Gap to Nasdaq-100": "\u221258.4 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+18.9%",
   "S&P 500": "+88.5%",
   "Gap to S&P 500": "\u221269.6 pts",
   "Gap to Nasdaq-100": "\u2212103.6 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of BPAY is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 32% of BPAY by weight is stocks the S&P 500 already holds. Its active share against the index is 97%, so that share is the part doing something different."
  },
  {
   "q": "What does BPAY hold?",
   "a": "41 positions as published by its issuer for Sep 10, 2026, with the top ten at 41% of the fund. The largest are CHIME FINANCIAL CLASS A at 5.1%, BLK CSH FND TREASURY SL AGENCY at 4.8%, GLOBAL PAYMENTS INC at 4.8%."
  },
  {
   "q": "Has BPAY beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 BPAY returned \u221213.2% with distributions reinvested, against +17.5% for the S&P 500, so it finished behind the index by 30.7 points."
  },
  {
   "q": "What does BPAY cost?",
   "a": "The prospectus expense ratio is 0.55% a year. Because 97% of the fund differs from the S&P 500, the fee on that differing part works out at 0.56%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}