AIEQ vs. ITAN ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to Sparkline Intangible Value ETF (ITAN)

AIEQ

AI Powered Equity ETF

AIEQ Description

The investment seeks capital appreciation. The fund is actively managed and invests primarily in equity securities listed on a U.S. exchange based on the results of a proprietary, quantitative model (the EquBot Model) developed by EquBot LLC (EquBot) that runs on the IBM Watson? platform. EquBot, the fund's sub-adviser, is a technology based company focused on applying artificial intelligence (AI) based solutions to investment analyses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.97

Average Daily Volume

8,052

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$29.55

Average Daily Volume

5,968

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	ITAN
30 Days	1.06%	1.89%
60 Days	1.21%	3.01%
90 Days	2.65%	4.58%
12 Months	21.37%	23.63%

22 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in ITAN	Overlap
ALL	A	1.1%	0.74%	0.74%
BDX	F	0.43%	0.74%	0.43%
BIO	C	0.28%	0.24%	0.24%
CHTR	D	0.62%	0.69%	0.62%
CMCSA	D	3.91%	0.99%	0.99%
CMI	C	0.13%	0.82%	0.13%
DOX	C	0.43%	0.26%	0.26%
DVA	B	0.8%	0.39%	0.39%
EBAY	B	0.63%	0.71%	0.63%
EXAS	C	0.2%	0.36%	0.2%
HAL	F	0.75%	0.38%	0.38%
HPE	D	0.42%	0.53%	0.42%
JAZZ	D	0.25%	0.28%	0.25%
M	F	0.16%	0.16%	0.16%
OKTA	F	0.56%	0.42%	0.42%
PARA	F	0.26%	0.27%	0.26%
PII	D	0.38%	0.26%	0.26%
PSTG	F	0.54%	0.41%	0.41%
SQ	D	0.51%	0.74%	0.51%
TRMB	C	0.39%	0.35%	0.35%
W	D	0.61%	0.32%	0.32%
XRAY	D	0.4%	0.17%	0.17%

AIEQ Overweight 114 Positions Relative to ITAN

Symbol	Grade	Weight
BAC	D	4.25%
PG	C	4.11%
SPGI	B	3.85%
SCHW	D	3.78%
C	D	3.75%
JPM	D	3.74%
V	B	3.37%
NOW	A	3.32%
NFLX	B	2.53%
NEE	B	2.42%
EOG	D	2.34%
TJX	C	1.89%
URI	B	1.62%
AME	C	1.59%
TTD	B	1.37%
TT	B	1.19%
FIS	B	1.17%
HSY	C	1.08%
XYL	D	1.04%
DECK	C	1.01%
ITW	B	0.99%
MCO	A	0.92%
RJF	C	0.92%
MNST	C	0.89%
CME	C	0.87%
PCG	C	0.85%
MCK	F	0.82%
FMC	C	0.82%
APP	B	0.81%
EG	B	0.81%
PCAR	D	0.81%
APD	B	0.79%
LRCX	F	0.78%
WAT	C	0.75%
PKG	B	0.74%
NDAQ	B	0.74%
COP	D	0.73%
ADM	D	0.7%
HRL	C	0.67%
OKE	B	0.6%
EQT	D	0.59%
TFX	C	0.58%
MAS	B	0.56%
SYY	D	0.55%
OLLI	C	0.55%
CHK	D	0.51%
BLD	D	0.49%
WYNN	D	0.45%
BKR	D	0.45%
AMP	B	0.43%
DPZ	F	0.43%
INSP	C	0.43%
ALB	F	0.42%
PVH	F	0.42%
TDG	B	0.42%
SPG	B	0.42%
ALNY	B	0.41%
MOD	C	0.41%
WMG	D	0.4%
RS	D	0.4%
VST	C	0.37%
GTLS	F	0.35%
SOFI	C	0.34%
ITRI	C	0.34%
ACHC	C	0.33%
TECH	C	0.33%
NDSN	C	0.33%
SON	C	0.31%
EXP	B	0.3%
IBP	C	0.3%
OSK	D	0.3%
GRMN	D	0.29%
MEDP	D	0.28%
TPL	C	0.28%
IRM	B	0.28%
LANC	D	0.27%
LNT	A	0.27%
WMS	D	0.26%
LAMR	A	0.26%
CHE	C	0.25%
NVST	D	0.25%
RYAN	C	0.24%
MTDR	D	0.24%
BBWI	F	0.24%
FLS	D	0.23%
UBSI	B	0.23%
MSM	D	0.22%
FDS	C	0.19%
LNC	D	0.18%
BRX	B	0.17%
BCC	C	0.17%
TENB	D	0.16%
SEE	D	0.16%
TKR	D	0.14%
SEIC	B	0.13%
LSTR	D	0.13%
WU	D	0.12%
MORN	C	0.12%
FUL	D	0.11%
MAN	C	0.1%
BC	C	0.1%
R	B	0.09%
NTRS	B	0.09%
FLO	C	0.09%
SUM	C	0.09%
CWST	D	0.09%
CADE	B	0.09%
ITT	C	0.08%
HOOD	C	0.08%
TXRH	D	0.07%
NFG	B	0.04%
COOP	B	0.04%
NXST	D	0.01%
SWX	C	0.0%

AIEQ Underweight 128 Positions Relative to ITAN

Symbol	Grade	Weight
AMZN	C	-4.77%
META	A	-2.89%
ORCL	B	-2.67%
CRM	D	-1.91%
GOOG	D	-1.81%
GOOGL	D	-1.81%
IBM	B	-1.79%
QCOM	D	-1.76%
CSCO	B	-1.69%
ACN	C	-1.68%
T	B	-1.63%
PFE	C	-1.49%
VZ	B	-1.43%
TMUS	C	-1.33%
MDT	C	-1.3%
WFC	D	-1.29%
RTX	C	-1.28%
INTC	F	-1.2%
DELL	D	-1.14%
HON	D	-1.12%
BA	F	-1.1%
TGT	C	-1.06%
DIS	D	-1.06%
BMY	C	-0.97%
PYPL	B	-0.96%
CVS	D	-0.96%
NOC	B	-0.96%
MMM	B	-0.95%
LMT	C	-0.94%
GILD	B	-0.92%
COF	C	-0.91%
FDX	C	-0.9%
GM	B	-0.89%
PANW	D	-0.87%
F	D	-0.81%
CTSH	C	-0.78%
GD	B	-0.75%
HPQ	D	-0.74%
NXPI	D	-0.72%
CNC	C	-0.69%
WDAY	D	-0.67%
LHX	D	-0.66%
DASH	C	-0.65%
JCI	B	-0.64%
WDC	D	-0.62%
NTAP	D	-0.61%
ADSK	B	-0.59%
GLW	B	-0.59%
HUM	F	-0.58%
BAX	C	-0.57%
TEL	D	-0.56%
ILMN	C	-0.55%
UAL	B	-0.54%
BBY	B	-0.53%
PRU	C	-0.53%
J	D	-0.53%
LDOS	C	-0.52%
DAL	C	-0.52%
CAH	C	-0.52%
KR	B	-0.51%
EXPE	C	-0.51%
IQV	C	-0.5%
EA	D	-0.5%
BIIB	F	-0.49%
BAH	B	-0.49%
SNAP	F	-0.49%
ZBRA	B	-0.48%
JNPR	A	-0.46%
ZS	F	-0.46%
NTNX	C	-0.45%
VTRS	C	-0.45%
DD	B	-0.45%
FFIV	A	-0.44%
DGX	B	-0.44%
UBER	C	-0.44%
DOCU	C	-0.44%
ZM	C	-0.44%
ROK	D	-0.44%
WBD	D	-0.43%
CACI	B	-0.42%
TRU	B	-0.4%
CVNA	B	-0.4%
JLL	B	-0.4%
ROKU	C	-0.4%
ACM	B	-0.4%
TWLO	D	-0.38%
AKAM	D	-0.37%
MU	F	-0.37%
DBX	D	-0.37%
JBL	D	-0.36%
Z	B	-0.36%
CIEN	C	-0.35%
AAL	D	-0.35%
EMN	B	-0.35%
IP	B	-0.34%
LUV	C	-0.33%
ELAN	D	-0.32%
WBA	F	-0.32%
ACI	F	-0.32%
TPR	C	-0.31%
SWKS	F	-0.31%
ALLY	F	-0.3%
SWK	B	-0.3%
APTV	D	-0.3%
RIVN	F	-0.29%
HAS	B	-0.29%
LYFT	D	-0.28%
ETSY	F	-0.28%
TAP	C	-0.27%
U	D	-0.27%
MTCH	C	-0.26%
QRVO	F	-0.26%
WHR	D	-0.26%
ARW	C	-0.26%
RUN	C	-0.25%
HRB	C	-0.25%
PATH	D	-0.24%
MAT	C	-0.24%
AGCO	D	-0.24%
IVZ	C	-0.24%
BWA	D	-0.23%
ALK	C	-0.23%
DLB	D	-0.23%
GAP	F	-0.22%
NOV	D	-0.22%
RHI	D	-0.21%
MASI	D	-0.21%
FLR	D	-0.19%