Blackrock Future U.S. Themes ETF

C000232558 Fund Overview

Blackrock Future U.S. Themes ETF is a US ETF managed by BlackRock ETF Trust, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: BlackRock ETF Trust
• Category: United States Large Cap Growth Equity
• Assets under management: $6.46B
• 1-year return: 27.2%
• SEC CIK: 0001761055
• SEC series ID: S000074569
• Share class ID: C000232558

C000232558 Investment Objective and Strategy

Blackrock Future U.S. Themes ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock ETF Trust.

Investment objective

The iShares U.S. Thematic Rotation Active ETF (the Fund) seeks long-term capital appreciation.

Principal investment strategy

Under normal market conditions, the Fund will invest at least 80% of its net assets plus any borrowings for investment purposes in U.S. equity securities that BFA believes have above-average earnings growth potential. Investments in derivatives are counted toward the Funds 80% policy to the extent that they provide investment exposure to the securities included within that policy or to one or more market risk factors associated with such securities. For purposes of the Funds 80% policy, securities are considered to be those of U.S. issuers where: (i) the company is domiciled in the U.S., (ii) the company is listed on a U.S. stock exchange, (iii) the companys principal operations are conducted in the U.S. or the company does a substantial amount of business in the U.S. or (iv) the issuer of securities is included in the Funds primary U.S.

benchmark. Equity securities include common stocks, preferred stocks, warrants and depositary receipts whose price is linked to the value of common stock. The Fund may also purchase convertible securities. The Fund may invest in shares of companies through initial public offerings (IPOs). The Fund may purchase and sell futures contracts, enter into various interest rate transactions such as swaps, caps, floors or collars, currency transactions such as currency forward contracts, currency futures contracts, currency swaps or options on currency or currency futures and swap contracts (including, but not limited to, credit default swaps) and may purchase and sell exchange-listed and over-the-counter (OTC) put and call options on securities and swap contracts, financial indices and futures contracts and use other derivative instruments or management techniques (collectively, Strategic Transactions).

The Fund may engage in Strategic Transactions for duration management and other risk management purposes, including to attempt to protect against possible changes in the market value of the Funds portfolio resulting from trends in the securities markets and changes in interest rates or to protect the Funds unrealized gains in the value of its portfolio securities, to facilitate the sale of portfolio securities for investment purposes, to establish a position in the securities markets as a temporary substitute for purchasing particular securities or to enhance income or gain. In selecting investments for the Fund, BFA uses a systematic framework for analyzing companies and seeking proactive risk-management by focusing on theme identification, theme and company evaluation, and portfolio construction.

Using this framework, BFA seeks exposure to multiple themes, including emerging and structural trends.

C000232558 Holdings

Top 10 holdings of Blackrock Future U.S. Themes ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000232558 holdings

C000232558 Portfolio Allocation

Asset-class allocation of Blackrock Future U.S. Themes ETF by percentage of net assets, from the latest SEC N-PORT filing.

C000232558 Performance

Total returns for C000232558 (as of 2026-10-01), from SEC filings.

C000232558 Risk Information

Risk metrics for C000232558, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 15.1%

C000232558 Costs and Fees

C000232558 costs about $57 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.57%
• Gross expense ratio: 0.57%
• Portfolio turnover: 45%
• Brokerage commissions: 0.33 bps of average net assets (SEC N-CEN)

C000232558 Cashflows

Over the 12 months to 2026-04, Blackrock Future U.S. Themes ETF had net inflows of $6.58B, from monthly SEC N-PORT filings.

C000232558 Debt Constituents

No individual debt constituents are reported in Blackrock Future U.S. Themes ETF's latest SEC N-PORT filing.

C000232558 Prospectus and SEC Filings

Official Blackrock Future U.S. Themes ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2025-11-24
• Prospectus (485BPOS) — filed 2024-11-25
• Prospectus supplement (497) — filed 2025-07-22
• Portfolio holdings (N-PORT) — filed 2026-09-25
• Portfolio holdings (N-PORT) — filed 2026-06-25
• Portfolio holdings (N-PORT) — filed 2026-03-26
• Annual census (N-CEN) — filed 2025-10-14
• Annual census (N-CEN) — filed 2024-10-15

Related Funds

Other United States Large Cap Growth Equity funds tracked on ABC INVEST:

• Invesco QQQ Trust, Series 1 (QQQ)
• Growth Fund Of America (AGTHX)
• iShares Russell 1000 Growth ETF (IWF)
• JPMorgan Large Cap Growth Fund (SEEGX)
• Fidelity Growth Company Fund (FDGRX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.