ADPV vs. KRE ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to SPDR S&P Regional Banking ETF (KRE)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.62

Average Daily Volume

5,410

Number of Holdings ^*

* may have additional holdings in another (foreign) market

KRE

SPDR S&P Regional Banking ETF

KRE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.71

Average Daily Volume

13,942,343

Number of Holdings ^*

139

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	KRE
30 Days	-1.39%	-4.76%
60 Days	8.73%	2.31%
90 Days	2.93%	13.21%
12 Months	32.36%	38.57%

2 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in KRE	Overlap
	FNB	D	4.74%	1.13%	1.13%
	HBAN	C	5.05%	4.61%	4.61%

ADPV Overweight 8 Positions Relative to KRE

Symbol	Grade	Weight
AMCR	A	5.81%
PPC	A	5.59%
VIRT	C	4.77%
T	A	4.71%
OWL	B	4.7%
PLTR	C	4.57%
KEY	C	4.52%
NU	D	4.51%

ADPV Underweight 137 Positions Relative to KRE

Symbol	Grade	Weight
RF	C	-4.77%
MTB	C	-4.73%
CFG	D	-4.65%
TFC	D	-4.58%
FHN	D	-3.39%
ZION	D	-2.83%
WAL	C	-2.49%
OZK	F	-2.29%
WBS	D	-2.17%
SNV	D	-2.09%
EWBC	D	-1.89%
COLB	C	-1.84%
CFR	D	-1.75%
SSB	C	-1.7%
VLY	C	-1.5%
PNFP	D	-1.45%
CADE	D	-1.43%
AX	D	-1.36%
UMBF	C	-1.35%
WTFC	C	-1.35%
BPOP	D	-1.34%
PB	D	-1.32%
ONB	D	-1.18%
CBSH	D	-1.12%
TBBK	C	-1.03%
BANC	C	-1.02%
ASB	F	-0.99%
HWC	D	-0.91%
BKU	D	-0.86%
FULT	D	-0.85%
FFIN	D	-0.82%
TCBI	C	-0.82%
HOMB	D	-0.81%
FBP	D	-0.79%
GBCI	D	-0.79%
CUBI	F	-0.76%
BOH	F	-0.72%
ABCB	C	-0.69%
UBSI	D	-0.64%
FIBK	D	-0.62%
AUB	D	-0.57%
EBC	D	-0.56%
PFS	D	-0.54%
BOKF	D	-0.53%
CBU	D	-0.52%
WAFD	D	-0.5%
CATY	D	-0.5%
CVBF	D	-0.5%
INDB	D	-0.5%
UCBI	C	-0.49%
SFBS	D	-0.48%
FHB	D	-0.47%
IBOC	D	-0.47%
RNST	D	-0.45%
IBTX	D	-0.44%
WSFS	D	-0.44%
PPBI	D	-0.44%
HTLF	C	-0.42%
SBCF	D	-0.41%
BANR	C	-0.38%
CASH	D	-0.37%
HTH	D	-0.36%
NBHC	D	-0.36%
SFNC	C	-0.35%
OFG	D	-0.34%
FFBC	D	-0.33%
TRMK	D	-0.32%
NWBI	D	-0.3%
HOPE	D	-0.3%
FRME	D	-0.3%
SASR	C	-0.3%
VBTX	C	-0.29%
PRK	D	-0.29%
FCF	D	-0.29%
BHLB	D	-0.27%
TOWN	D	-0.26%
NBTB	D	-0.26%
LKFN	D	-0.25%
BANF	D	-0.25%
LOB	C	-0.25%
FBMS	C	-0.24%
EGBN	C	-0.23%
WSBC	D	-0.23%
FBNC	D	-0.22%
CHCO	D	-0.21%
FBK	D	-0.21%
EFSC	D	-0.21%
PFBC	D	-0.2%
BRKL	D	-0.19%
WABC	F	-0.19%
OCFC	C	-0.19%
DCOM	C	-0.18%
STBA	D	-0.18%
QCRH	D	-0.17%
CPF	C	-0.16%
CFFN	D	-0.16%
BUSE	D	-0.16%
MCB	C	-0.15%
CFB	D	-0.15%
SYBT	C	-0.15%
PFC	D	-0.15%
SRCE	D	-0.15%
AMAL	D	-0.15%
TCBK	D	-0.15%
NFBK	D	-0.14%
HFWA	D	-0.14%
OSBC	D	-0.14%
HTBK	D	-0.14%
PEBO	D	-0.13%
NIC	D	-0.13%
HAFC	D	-0.13%
FFWM	F	-0.13%
BY	D	-0.13%
TFSL	D	-0.12%
SBSI	D	-0.12%
IBCP	D	-0.12%
CNOB	C	-0.12%
KRNY	D	-0.11%
OBK	F	-0.11%
TMP	D	-0.11%
WASH	D	-0.1%
HIFS	D	-0.1%
TRST	D	-0.09%
PGC	D	-0.09%
CCB	C	-0.09%
MBWM	D	-0.09%
AMTB	F	-0.09%
CTBI	D	-0.08%
UVSP	D	-0.08%
FFIC	D	-0.08%
THFF	D	-0.07%
HBNC	D	-0.07%
CAC	C	-0.06%
MSBI	D	-0.06%
CLBK	F	-0.05%
HONE	D	-0.05%
GSBC	D	-0.05%