AFLG vs. XTR ETF Comparison

Comparison of Active Factor Large Cap ETF (AFLG) to Global X S&P 500 Tail Risk ETF (XTR)

AFLG

Active Factor Large Cap ETF

AFLG Description

The investment seeks to provide capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets (including investment borrowings) in U.S.-listed equity securities issued by large capitalization companies. The manager defines large capitalization companies as those that, at the time of investment, have a minimum market capitalization equal to or greater than the minimum market capitalization of a widely recognized index of large capitalization companies based upon the composition of the index at the time of investment. It is non-diversified.

Grade (RS Rating)

Last Trade

$34.85

Average Daily Volume

33,525

Number of Holdings ^*

247

* may have additional holdings in another (foreign) market

XTR

Global X S&P 500 Tail Risk ETF

XTR Description

Global X Funds - Global X S&P 500 Tail Risk ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It invests directly and through derivatives such as options in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Cboe S&P 500 Tail Risk Index, by using full replication technique. Global X Funds - Global X S&P 500 Tail Risk ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$32.89

Average Daily Volume

346

Number of Holdings ^*

497

* may have additional holdings in another (foreign) market

Performance

Period	AFLG	XTR
30 Days	0.46%	0.27%
60 Days	4.93%	3.75%
90 Days	7.35%	5.26%
12 Months	35.71%	28.96%

208 Overlapping Holdings

	Symbol	Grade	Weight in AFLG	Weight in XTR	Overlap
	AAPL	C	6.85%	6.74%	6.74%
	ABBV	F	0.85%	0.7%	0.7%
	ACGL	C	0.18%	0.08%	0.08%
	ACN	C	0.22%	0.46%	0.22%
	ADBE	F	0.31%	0.46%	0.31%
	ADM	D	0.06%	0.05%	0.05%
	AFL	C	0.75%	0.11%	0.11%
	AIG	B	0.28%	0.1%	0.1%
	AIZ	A	0.15%	0.03%	0.03%
	ALL	A	0.08%	0.09%	0.08%
	ALLE	D	0.01%	0.01%	0.01%
	AMAT	F	0.37%	0.32%	0.32%
	AMCR	C	0.04%	0.03%	0.03%
	AMP	A	0.16%	0.11%	0.11%
	AMZN	B	1.8%	3.86%	1.8%
	ANET	C	0.13%	0.21%	0.13%
	AOS	F	0.4%	0.01%	0.01%
	APH	B	0.6%	0.17%	0.17%
	AVB	A	0.05%	0.06%	0.05%
	AVGO	C	1.38%	1.66%	1.38%
	AXP	A	0.41%	0.34%	0.34%
	AZO	C	0.18%	0.12%	0.12%
	BBY	C	0.48%	0.03%	0.03%
	BEN	C	0.17%	0.01%	0.01%
	BG	D	0.06%	0.02%	0.02%
	BK	A	0.73%	0.12%	0.12%
	BKNG	A	0.29%	0.38%	0.29%
	BLDR	D	0.34%	0.04%	0.04%
	BMY	B	0.59%	0.23%	0.23%
	BRK.A	A	1.55%	1.71%	1.55%
	BRO	B	0.3%	0.05%	0.05%
	BSX	B	0.66%	0.26%	0.26%
	BWA	A	0.04%	0.02%	0.02%
	CAH	B	0.11%	0.06%	0.06%
	CAT	B	0.58%	0.41%	0.41%
	CBOE	D	0.36%	0.03%	0.03%
	CDNS	B	0.05%	0.16%	0.05%
	CDW	F	0.03%	0.05%	0.03%
	CEG	D	0.62%	0.15%	0.15%
	CF	A	0.39%	0.03%	0.03%
	CFG	A	0.27%	0.04%	0.04%
	CI	D	0.15%	0.18%	0.15%
	CL	D	0.57%	0.15%	0.15%
	CMCSA	B	0.56%	0.35%	0.35%
	CME	A	0.23%	0.17%	0.17%
	CMG	B	0.32%	0.15%	0.15%
	CMI	A	0.51%	0.11%	0.11%
	CNC	F	0.19%	0.07%	0.07%
	COR	B	0.58%	0.08%	0.08%
	COST	B	0.9%	0.78%	0.78%
	CPT	D	0.15%	0.02%	0.02%
	CRM	A	0.62%	0.59%	0.59%
	CSCO	B	0.45%	0.46%	0.45%
	CTAS	B	0.71%	0.15%	0.15%
	CTSH	B	0.47%	0.08%	0.08%
	CVS	F	0.18%	0.15%	0.15%
	CVX	A	0.43%	0.53%	0.43%
	DECK	A	0.28%	0.04%	0.04%
	DELL	C	0.14%	0.08%	0.08%
	DHI	D	0.33%	0.1%	0.1%
	DPZ	C	0.05%	0.03%	0.03%
	DVN	F	0.3%	0.05%	0.05%
	EA	A	0.3%	0.08%	0.08%
	EBAY	D	0.1%	0.06%	0.06%
	ECL	D	0.54%	0.13%	0.13%
	ED	D	0.25%	0.07%	0.07%
	EG	D	0.15%	0.04%	0.04%
	EIX	C	0.22%	0.06%	0.06%
	ELV	F	0.72%	0.19%	0.19%
	EPAM	B	0.05%	0.03%	0.03%
	EQR	C	0.1%	0.05%	0.05%
	ERIE	F	0.24%	0.02%	0.02%
	ESS	A	0.05%	0.04%	0.04%
	ETN	A	0.56%	0.28%	0.28%
	EVRG	A	0.28%	0.02%	0.02%
	EXPE	A	0.22%	0.04%	0.04%
	FDX	A	0.24%	0.12%	0.12%
	FE	C	0.52%	0.05%	0.05%
	FFIV	B	0.6%	0.04%	0.04%
	FI	A	0.12%	0.24%	0.12%
	FICO	A	0.81%	0.08%	0.08%
	FIS	B	0.37%	0.09%	0.09%
	FOXA	A	0.55%	0.03%	0.03%
	GDDY	A	0.53%	0.05%	0.05%
	GE	D	0.16%	0.39%	0.16%
	GEN	B	0.1%	0.03%	0.03%
	GILD	B	0.62%	0.23%	0.23%
	GL	B	0.16%	0.01%	0.01%
	GOOGL	B	2.07%	2.06%	2.06%
	GRMN	B	0.42%	0.06%	0.06%
	GWW	A	0.2%	0.09%	0.09%
	HIG	C	1.09%	0.07%	0.07%
	HLT	A	0.35%	0.13%	0.13%
	HOLX	D	0.04%	0.04%	0.04%
	HPQ	B	0.5%	0.06%	0.06%
	HSIC	D	0.36%	0.02%	0.02%
	HST	D	0.39%	0.02%	0.02%
	HUM	F	0.16%	0.07%	0.07%
	HWM	A	0.44%	0.1%	0.1%
	IBM	D	0.43%	0.4%	0.4%
	ICE	D	0.4%	0.18%	0.18%
	INCY	B	0.25%	0.02%	0.02%
	IP	A	0.33%	0.04%	0.04%
	IPG	F	0.07%	0.02%	0.02%
	IT	B	0.13%	0.08%	0.08%
	IVZ	B	0.04%	0.02%	0.02%
	J	D	0.09%	0.03%	0.03%
	JBL	C	0.19%	0.03%	0.03%
	JNJ	D	0.71%	0.76%	0.71%
	KEYS	C	0.21%	0.05%	0.05%
	KHC	F	0.11%	0.06%	0.06%
	KLAC	F	0.11%	0.18%	0.11%
	KMB	C	0.05%	0.08%	0.05%
	KO	D	0.33%	0.49%	0.33%
	KR	B	0.49%	0.08%	0.08%
	L	A	0.18%	0.03%	0.03%
	LDOS	C	0.16%	0.05%	0.05%
	LEN	D	0.33%	0.08%	0.08%
	LH	B	0.1%	0.03%	0.03%
	LKQ	D	0.17%	0.02%	0.02%
	LLY	F	0.46%	1.23%	0.46%
	LMT	D	0.36%	0.23%	0.23%
	LOW	A	0.33%	0.31%	0.31%
	LYB	F	0.07%	0.04%	0.04%
	MA	A	0.21%	0.86%	0.21%
	MAA	A	0.47%	0.04%	0.04%
	MAS	D	0.52%	0.04%	0.04%
	MCK	A	0.52%	0.14%	0.14%
	MCO	C	0.05%	0.16%	0.05%
	MET	A	0.04%	0.1%	0.04%
	META	C	1.84%	2.5%	1.84%
	MMM	D	0.56%	0.15%	0.15%
	MO	A	0.95%	0.18%	0.18%
	MOH	F	0.09%	0.04%	0.04%
	MOS	D	0.03%	0.02%	0.02%
	MPC	D	0.12%	0.11%	0.11%
	MRK	F	0.64%	0.51%	0.51%
	MSFT	D	4.59%	6.23%	4.59%
	MSI	A	0.39%	0.16%	0.16%
	MTCH	F	0.26%	0.02%	0.02%
	NFLX	A	0.82%	0.67%	0.67%
	NRG	B	0.8%	0.04%	0.04%
	NTAP	D	0.62%	0.05%	0.05%
	NUE	D	0.39%	0.08%	0.08%
	NVDA	B	5.38%	7.14%	5.38%
	NWSA	B	0.19%	0.02%	0.02%
	NXPI	F	0.05%	0.11%	0.05%
	ORLY	A	0.06%	0.14%	0.06%
	PCAR	B	0.41%	0.11%	0.11%
	PEG	C	0.54%	0.09%	0.09%
	PFG	C	0.04%	0.04%	0.04%
	PG	C	0.81%	0.76%	0.76%
	PGR	B	0.73%	0.31%	0.31%
	PH	A	0.24%	0.19%	0.19%
	PHM	D	0.53%	0.05%	0.05%
	PKG	B	0.35%	0.05%	0.05%
	PM	A	0.34%	0.39%	0.34%
	PPG	F	0.19%	0.05%	0.05%
	PPL	A	0.05%	0.05%	0.05%
	PRU	A	0.09%	0.1%	0.09%
	PSA	C	0.05%	0.1%	0.05%
	PSX	C	0.09%	0.11%	0.09%
	QCOM	F	0.95%	0.38%	0.38%
	QRVO	F	0.05%	0.01%	0.01%
	RF	A	0.28%	0.05%	0.05%
	RL	B	0.83%	0.02%	0.02%
	RMD	C	0.1%	0.07%	0.07%
	ROL	A	0.06%	0.02%	0.02%
	ROST	D	0.04%	0.09%	0.04%
	SHW	B	0.2%	0.17%	0.17%
	SNA	A	0.63%	0.04%	0.04%
	SNPS	C	0.06%	0.17%	0.06%
	SO	C	0.13%	0.19%	0.13%
	SOLV	C	0.26%	0.02%	0.02%
	SPG	A	0.58%	0.1%	0.1%
	SPGI	C	0.08%	0.31%	0.08%
	STLD	B	0.47%	0.05%	0.05%
	STT	A	0.05%	0.06%	0.05%
	SWKS	F	0.21%	0.03%	0.03%
	SYF	A	0.29%	0.05%	0.05%
	SYK	A	0.15%	0.26%	0.15%
	T	A	0.18%	0.32%	0.18%
	TDG	D	0.0%	0.16%	0.0%
	TJX	A	0.37%	0.27%	0.27%
	TMUS	A	0.35%	0.23%	0.23%
	TPR	A	0.44%	0.02%	0.02%
	TRGP	A	0.34%	0.08%	0.08%
	TROW	A	0.2%	0.05%	0.05%
	TT	A	0.49%	0.18%	0.18%
	TXT	D	0.08%	0.04%	0.04%
	UDR	C	0.05%	0.03%	0.03%
	UHS	D	0.93%	0.03%	0.03%
	ULTA	D	0.15%	0.04%	0.04%
	UNH	B	0.28%	1.1%	0.28%
	V	A	0.3%	1.02%	0.3%
	VICI	C	0.42%	0.06%	0.06%
	VLO	C	0.3%	0.09%	0.09%
	VRSN	D	0.21%	0.02%	0.02%
	VST	A	1.18%	0.09%	0.09%
	VTR	C	0.21%	0.05%	0.05%
	VTRS	A	0.1%	0.03%	0.03%
	VZ	C	0.46%	0.35%	0.35%
	WAB	B	0.39%	0.07%	0.07%
	WBA	F	0.04%	0.01%	0.01%
	WELL	A	0.32%	0.15%	0.15%
	WMT	A	0.58%	0.72%	0.58%
	WTW	B	0.05%	0.06%	0.05%
	XOM	B	0.73%	1.07%	0.73%

AFLG Overweight 39 Positions Relative to XTR

	Symbol	Grade	Weight
	APP	A	1.13%
	EME	B	0.68%
	RS	B	0.67%
	NVR	D	0.47%
	CSL	B	0.41%
	CNA	C	0.41%
	GLPI	D	0.4%
	RHI	B	0.38%
	IBKR	A	0.37%
	OC	A	0.36%
	OGN	F	0.3%
	WSM	F	0.3%
	WU	F	0.28%
	VSCO	A	0.27%
	MANH	D	0.26%
	LII	B	0.25%
	ZM	B	0.25%
	ALNY	D	0.23%
	BAH	D	0.22%
	WPC	D	0.21%
	TOL	B	0.16%
	VRT	A	0.15%
	BBWI	C	0.13%
	RPM	A	0.12%
	SCCO	F	0.11%
	DXC	C	0.09%
	CRBG	B	0.09%
	SSNC	D	0.09%
	ETSY	D	0.09%
	TPL	A	0.08%
	CVNA	A	0.07%
	DINO	D	0.06%
	WSO	A	0.06%
	DASH	B	0.06%
	ZION	A	0.06%
	UTHR	B	0.05%
	PINS	F	0.04%
	DKS	D	0.04%
	EQH	B	0.0%

AFLG Underweight 289 Positions Relative to XTR

	Symbol	Grade	Weight
	GOOG	B	-1.7%
	TSLA	B	-1.6%
	JPM	A	-1.4%
	HD	A	-0.77%
	BAC	A	-0.61%
	ORCL	A	-0.58%
	WFC	A	-0.49%
	AMD	F	-0.47%
	PEP	F	-0.45%
	LIN	D	-0.45%
	MCD	D	-0.43%
	TMO	D	-0.42%
	ABT	B	-0.41%
	NOW	B	-0.41%
	TXN	C	-0.4%
	GS	A	-0.38%
	INTU	A	-0.37%
	ISRG	A	-0.37%
	DIS	A	-0.36%
	AMGN	D	-0.34%
	DHR	D	-0.32%
	MS	A	-0.32%
	RTX	D	-0.32%
	UBER	C	-0.31%
	NEE	C	-0.31%
	UNP	D	-0.31%
	PFE	F	-0.31%
	HON	A	-0.28%
	C	A	-0.27%
	VRTX	C	-0.26%
	COP	C	-0.26%
	PANW	B	-0.25%
	BX	A	-0.25%
	MU	D	-0.25%
	ADP	B	-0.25%
	SCHW	A	-0.23%
	ADI	D	-0.23%
	MDT	D	-0.23%
	INTC	C	-0.22%
	SBUX	A	-0.22%
	MMC	C	-0.22%
	CB	C	-0.22%
	PLTR	A	-0.22%
	BA	F	-0.22%
	DE	D	-0.21%
	PLD	D	-0.21%
	UPS	C	-0.2%
	KKR	A	-0.2%
	LRCX	F	-0.2%
	AMT	D	-0.19%
	GEV	A	-0.18%
	MDLZ	F	-0.18%
	NKE	D	-0.18%
	DUK	C	-0.18%
	REGN	F	-0.18%
	EQIX	B	-0.17%
	PYPL	A	-0.17%
	AON	A	-0.17%
	WM	B	-0.16%
	PNC	A	-0.16%
	USB	B	-0.16%
	GD	D	-0.16%
	ITW	B	-0.15%
	ZTS	D	-0.15%
	MAR	A	-0.14%
	COF	A	-0.14%
	FCX	F	-0.14%
	NOC	D	-0.14%
	APD	A	-0.14%
	CSX	B	-0.14%
	EMR	A	-0.14%
	EOG	A	-0.14%
	CRWD	B	-0.14%
	BDX	F	-0.14%
	ADSK	B	-0.13%
	ROP	C	-0.13%
	GM	A	-0.13%
	SLB	C	-0.13%
	TFC	A	-0.13%
	HCA	D	-0.13%
	AJG	A	-0.13%
	URI	B	-0.13%
	TGT	D	-0.13%
	WMB	A	-0.13%
	ABNB	C	-0.12%
	OKE	A	-0.12%
	CARR	D	-0.12%
	TRV	A	-0.11%
	NEM	F	-0.11%
	SRE	A	-0.11%
	RCL	A	-0.11%
	JCI	A	-0.11%
	NSC	B	-0.11%
	ODFL	B	-0.1%
	CPRT	A	-0.1%
	DFS	A	-0.1%
	LHX	B	-0.1%
	D	C	-0.1%
	FAST	B	-0.1%
	DLR	A	-0.1%
	O	D	-0.1%
	FTNT	A	-0.1%
	PAYX	B	-0.1%
	KMI	A	-0.1%
	RSG	B	-0.09%
	AME	A	-0.09%
	MSCI	A	-0.09%
	BKR	A	-0.09%
	MPWR	F	-0.09%
	F	C	-0.09%
	CCI	D	-0.09%
	AEP	C	-0.09%
	SYY	D	-0.08%
	MNST	D	-0.08%
	YUM	D	-0.08%
	GLW	B	-0.08%
	VMC	B	-0.08%
	CHTR	B	-0.08%
	IR	A	-0.08%
	STZ	D	-0.08%
	EXC	C	-0.08%
	CBRE	B	-0.08%
	EW	C	-0.08%
	KVUE	A	-0.08%
	HES	B	-0.08%
	MCHP	F	-0.08%
	PWR	A	-0.08%
	A	D	-0.08%
	KDP	D	-0.08%
	OTIS	D	-0.08%
	IQV	F	-0.08%
	CTVA	D	-0.08%
	PCG	A	-0.08%
	VRSK	B	-0.08%
	DAL	A	-0.08%
	ETR	A	-0.07%
	DD	D	-0.07%
	EXR	C	-0.07%
	GEHC	D	-0.07%
	FANG	D	-0.07%
	DOW	F	-0.07%
	EFX	F	-0.07%
	MLM	B	-0.07%
	LULU	C	-0.07%
	OXY	F	-0.07%
	GIS	D	-0.07%
	XEL	A	-0.07%
	MTB	A	-0.07%
	HAL	C	-0.06%
	AWK	C	-0.06%
	ROK	A	-0.06%
	NDAQ	A	-0.06%
	SW	A	-0.06%
	TTWO	A	-0.06%
	WEC	A	-0.06%
	CSGP	F	-0.06%
	GPN	B	-0.06%
	FITB	A	-0.06%
	ON	F	-0.06%
	IDXX	F	-0.06%
	IRM	D	-0.06%
	TYL	B	-0.05%
	AEE	A	-0.05%
	WY	D	-0.05%
	EQT	A	-0.05%
	SBAC	D	-0.05%
	WST	C	-0.05%
	ZBH	C	-0.05%
	HBAN	A	-0.05%
	ANSS	B	-0.05%
	VLTO	D	-0.05%
	CINF	A	-0.05%
	CCL	A	-0.05%
	XYL	D	-0.05%
	DXCM	C	-0.05%
	AXON	A	-0.05%
	PTC	B	-0.05%
	BIIB	F	-0.05%
	MTD	F	-0.05%
	UAL	A	-0.05%
	FTV	D	-0.05%
	HSY	F	-0.05%
	HUBB	B	-0.05%
	DOV	A	-0.05%
	HPE	B	-0.05%
	TSCO	D	-0.05%
	CHD	A	-0.05%
	RJF	A	-0.05%
	DTE	C	-0.05%
	MRNA	F	-0.04%
	CTRA	A	-0.04%
	EXPD	D	-0.04%
	FDS	A	-0.04%
	PODD	A	-0.04%
	NTRS	A	-0.04%
	TDY	B	-0.04%
	ATO	A	-0.04%
	CLX	A	-0.04%
	WBD	B	-0.04%
	KEY	A	-0.04%
	INVH	D	-0.04%
	LUV	A	-0.04%
	CMS	C	-0.04%
	BALL	D	-0.04%
	DRI	B	-0.04%
	CPAY	A	-0.04%
	BAX	F	-0.04%
	IFF	D	-0.04%
	BR	A	-0.04%
	POOL	D	-0.04%
	WDC	F	-0.04%
	STX	D	-0.04%
	K	B	-0.04%
	STE	D	-0.04%
	ES	C	-0.04%
	OMC	C	-0.04%
	WAT	B	-0.04%
	FSLR	F	-0.04%
	ZBRA	B	-0.04%
	NI	A	-0.03%
	ALGN	D	-0.03%
	SMCI	F	-0.03%
	CAG	F	-0.03%
	EL	F	-0.03%
	IEX	B	-0.03%
	LNT	A	-0.03%
	DLTR	F	-0.03%
	RVTY	D	-0.03%
	APTV	F	-0.03%
	JBHT	B	-0.03%
	DGX	A	-0.03%
	WRB	A	-0.03%
	NDSN	B	-0.03%
	KIM	A	-0.03%
	MRO	A	-0.03%
	AVY	D	-0.03%
	PNR	A	-0.03%
	MKTX	C	-0.03%
	AKAM	F	-0.03%
	DOC	D	-0.03%
	GPC	D	-0.03%
	TRMB	A	-0.03%
	TER	F	-0.03%
	LYV	A	-0.03%
	TSN	A	-0.03%
	JKHY	D	-0.03%
	ARE	D	-0.03%
	LVS	C	-0.03%
	MKC	D	-0.03%
	CNP	A	-0.03%
	DG	F	-0.03%
	TFX	F	-0.02%
	APA	F	-0.02%
	AES	F	-0.02%
	CRL	D	-0.02%
	MGM	D	-0.02%
	HRL	D	-0.02%
	PAYC	B	-0.02%
	CE	F	-0.02%
	SJM	F	-0.02%
	ALB	C	-0.02%
	FMC	F	-0.02%
	NCLH	B	-0.02%
	CZR	F	-0.02%
	CHRW	A	-0.02%
	PNW	A	-0.02%
	GNRC	B	-0.02%
	CPB	D	-0.02%
	LW	C	-0.02%
	FRT	B	-0.02%
	BXP	D	-0.02%
	REG	A	-0.02%
	MHK	D	-0.02%
	ENPH	F	-0.02%
	CTLT	C	-0.02%
	TECH	D	-0.02%
	HII	F	-0.02%
	KMX	B	-0.02%
	TAP	A	-0.02%
	EMN	C	-0.02%
	SWK	F	-0.02%
	DAY	B	-0.02%
	JNPR	D	-0.02%
	FOX	A	-0.01%
	DVA	C	-0.01%
	PARA	C	-0.01%
	HAS	D	-0.01%
	WYNN	D	-0.01%
	NWS	A	-0.0%

AFLG: Top Represented Industries & Keywords

Industries: Specialty Retail Information Technology Services Asset Management Health Care Plans Software - Application Drug Manufacturers - Major Insurance - Diversified Internet Content & Information REIT - Residential Semiconductors Business Services Credit Services Diversified Industrials Insurance - Life Residential Construction Specialty Chemicals Utilities - Regulated Electric Insurance - Property & Casualty Medical Distribution Oil & Gas Refining & Marketing

Keywords: S&P 500 Nasdaq 100 Insurance Dow Jones Component Computing Electronics Natural Gas Mobile Devices Telecommunications Disability Insurance Products Real Estate Investment Trust Aerospace Electricity IBD 50 Life Insurance Cloud Computing Health Insurance Medicine Retail Store

XTR: Top Represented Industries & Keywords

Industries: Diversified Industrials Software - Application Utilities - Regulated Electric Business Services Semiconductors Diagnostics & Research Oil & Gas E&P Aerospace & Defense Asset Management Banks - Regional - US Capital Markets Drug Manufacturers - Major Packaged Foods Medical Devices Medical Instruments & Supplies Specialty Retail Credit Services Health Care Plans Household & Personal Products Information Technology Services

Keywords: S&P 500 Nasdaq 100 Natural Gas Computing Electricity Insurance Dow Jones Component Electronics Chemical Medicine Real Estate Investment Trust Aerospace Telecommunications Bank Semiconductor Banking Insurance Products Petroleum Industry Transport Investment Bank