AIEQ vs. TXS ETF Comparison

Comparison of AI Powered Equity ETF (AIEQ) to Texas Capital Texas Equity Index ETF (TXS)

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

$41.28

Average Daily Volume

7,436

Number of Holdings ^*

136

* may have additional holdings in another (foreign) market

TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$34.84

Average Daily Volume

2,919

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

Performance

Period	AIEQ	TXS
30 Days	9.30%	12.19%
60 Days	10.19%	11.01%
90 Days	11.69%	14.42%
12 Months	34.55%	43.77%

19 Overlapping Holdings

Symbol	Grade	Weight in AIEQ	Weight in TXS	Overlap
APA	D	0.23%	0.12%	0.12%
CHRD	D	0.17%	0.12%	0.12%
CHX	C	0.07%	0.05%	0.05%
CMC	B	0.2%	0.05%	0.05%
COOP	B	0.19%	0.2%	0.19%
CRWD	B	2.99%	4.06%	2.99%
DINO	D	0.16%	0.05%	0.05%
EXP	A	0.28%	0.06%	0.06%
FANG	D	1.31%	0.47%	0.47%
FLR	B	0.23%	0.48%	0.23%
GL	B	0.29%	0.31%	0.29%
HPE	B	0.76%	0.16%	0.16%
KBR	F	0.28%	0.42%	0.28%
LII	A	0.5%	0.13%	0.13%
LNG	B	0.64%	2.46%	0.64%
MUR	D	0.15%	0.07%	0.07%
TDW	F	0.12%	0.04%	0.04%
VST	B	2.1%	0.84%	0.84%
WFRD	D	0.07%	0.09%	0.07%

AIEQ Overweight 117 Positions Relative to TXS

Symbol	Grade	Weight
NVDA	C	4.04%
AMZN	C	3.74%
INTC	D	3.61%
GS	A	3.6%
GOOGL	C	3.4%
AVGO	D	3.2%
DIS	B	2.75%
PLTR	B	2.74%
ISRG	A	2.62%
NKE	D	2.44%
ELV	F	2.19%
FI	A	2.15%
APH	A	2.15%
VRTX	F	2.12%
CVX	A	2.08%
APP	B	1.97%
BA	F	1.75%
EMR	A	1.37%
CHTR	C	1.36%
SNOW	C	1.33%
UPS	C	1.27%
EW	C	1.07%
LPLA	A	1.01%
HST	C	0.98%
ZS	C	0.98%
RCL	A	0.95%
DXCM	D	0.94%
F	C	0.92%
DASH	A	0.92%
LVS	C	0.91%
TEAM	A	0.9%
TDG	D	0.88%
WSM	B	0.88%
SQ	B	0.87%
HWM	A	0.85%
EL	F	0.72%
FSLR	F	0.72%
DFS	B	0.71%
BIIB	F	0.67%
STLD	B	0.65%
GPC	D	0.6%
QRVO	F	0.59%
LYB	F	0.59%
CSL	C	0.56%
GRMN	B	0.54%
MGM	D	0.54%
OKTA	C	0.52%
UHS	D	0.52%
XPO	B	0.5%
PSTG	D	0.5%
RHP	B	0.46%
FCNCA	A	0.44%
ETSY	D	0.43%
ENPH	F	0.43%
SFM	A	0.4%
LLY	F	0.4%
IEX	B	0.36%
GNRC	B	0.35%
AOS	F	0.34%
HRB	D	0.34%
CTLT	B	0.33%
SNX	C	0.33%
AAP	C	0.33%
ESTC	C	0.31%
BWXT	B	0.3%
RH	B	0.3%
FN	D	0.29%
HOG	D	0.27%
NVT	B	0.27%
GFS	C	0.26%
RYAN	B	0.24%
TTC	D	0.22%
MTSI	B	0.21%
OSK	B	0.21%
HALO	F	0.21%
CNX	A	0.2%
TECH	D	0.2%
BPMC	C	0.2%
HLI	B	0.19%
LNC	B	0.18%
GMED	A	0.18%
BSY	D	0.18%
NBIX	C	0.17%
EEFT	B	0.17%
LNTH	D	0.17%
HAE	C	0.17%
ACI	C	0.17%
FIVN	C	0.17%
SEE	C	0.17%
MAN	D	0.16%
TENB	C	0.16%
VKTX	F	0.16%
DCI	B	0.16%
SUM	B	0.15%
RIVN	F	0.14%
TREX	C	0.14%
JAZZ	B	0.14%
OMF	A	0.14%
POWI	D	0.14%
PRGO	B	0.14%
CIVI	D	0.13%
ORA	B	0.13%
CHE	D	0.13%
ITCI	C	0.13%
HP	B	0.12%
SM	B	0.12%
ST	F	0.12%
LPX	B	0.12%
TKR	D	0.11%
NOG	A	0.11%
VVV	F	0.1%
GATX	A	0.1%
AM	A	0.1%
MSA	D	0.1%
EXPO	D	0.09%
CFLT	B	0.07%
RIG	D	0.05%

AIEQ Underweight 178 Positions Relative to TXS

Symbol	Grade	Weight
TSLA	B	-5.5%
THC	D	-4.2%
SCHW	B	-4.06%
DLR	B	-4.02%
MCK	B	-3.82%
WM	A	-3.35%
XOM	B	-3.28%
CCI	D	-2.93%
GME	C	-2.92%
CBRE	B	-2.56%
ORCL	B	-2.37%
TPL	A	-1.96%
COP	C	-1.95%
KMI	A	-1.89%
SYY	B	-1.88%
DHI	D	-1.86%
SCI	B	-1.85%
PWR	A	-1.84%
WING	D	-1.64%
GPI	A	-1.58%
TRGP	B	-1.43%
TYL	B	-1.31%
T	A	-1.31%
RUSHA	C	-1.23%
INVH	D	-1.23%
EOG	A	-1.14%
TXN	C	-1.13%
CAT	B	-1.09%
J	F	-0.96%
ASO	F	-0.95%
SLB	C	-0.92%
EAT	A	-0.91%
CPT	B	-0.81%
ACM	A	-0.78%
PLAY	D	-0.71%
LUV	C	-0.69%
FIX	A	-0.63%
ADUS	D	-0.62%
BKR	B	-0.61%
OXY	D	-0.51%
CPRT	A	-0.41%
SBH	C	-0.4%
USPH	B	-0.39%
HAL	C	-0.39%
ATO	A	-0.39%
CNP	B	-0.35%
AAL	B	-0.33%
PSX	C	-0.32%
NRG	B	-0.31%
CRBG	B	-0.31%
CMA	A	-0.3%
KMB	D	-0.28%
CFR	B	-0.27%
CTRA	B	-0.27%
HHH	B	-0.27%
KEX	C	-0.26%
VLO	C	-0.26%
PB	A	-0.24%
MRO	B	-0.23%
STRL	B	-0.22%
DELL	C	-0.21%
IESC	B	-0.2%
TPG	A	-0.19%
PRIM	A	-0.16%
PR	B	-0.14%
FFIN	B	-0.14%
AGL	F	-0.14%
NSP	D	-0.14%
XPEL	C	-0.14%
BLDR	D	-0.13%
GRBK	D	-0.12%
RRC	B	-0.12%
IBOC	A	-0.12%
OMCL	C	-0.11%
NTRA	B	-0.11%
LUNR	B	-0.1%
MTDR	B	-0.1%
LGIH	D	-0.09%
GSHD	A	-0.09%
KNTK	B	-0.09%
AAOI	B	-0.09%
VCTR	B	-0.09%
POWL	C	-0.08%
DNOW	B	-0.08%
USLM	A	-0.08%
NTST	D	-0.08%
STC	B	-0.07%
RICK	C	-0.07%
EE	A	-0.07%
TFIN	A	-0.07%
NXRT	B	-0.07%
ANET	C	-0.07%
FYBR	D	-0.07%
MGY	A	-0.07%
ACA	A	-0.07%
CSV	B	-0.07%
IBTX	B	-0.07%
DAR	C	-0.06%
BMBL	C	-0.06%
OIS	C	-0.06%
SABR	C	-0.06%
CSWI	A	-0.06%
PX	A	-0.06%
FFWM	C	-0.06%
MRC	B	-0.06%
SKWD	A	-0.06%
FLS	B	-0.06%
WTTR	B	-0.06%
GLDD	B	-0.06%
TH	C	-0.06%
CRGY	B	-0.06%
PRO	C	-0.06%
TTI	C	-0.06%
CRK	B	-0.06%
QTWO	A	-0.06%
SAVA	D	-0.06%
XPRO	F	-0.06%
MTCH	D	-0.06%
UEC	B	-0.06%
DXPE	B	-0.06%
YETI	C	-0.05%
INN	D	-0.05%
HTH	B	-0.05%
PTEN	C	-0.05%
CECO	A	-0.05%
TALO	C	-0.05%
ATI	D	-0.05%
GDOT	D	-0.05%
NXST	C	-0.05%
BIGC	C	-0.05%
THR	B	-0.05%
HLX	B	-0.05%
GRNT	B	-0.05%
PUMP	B	-0.05%
SWI	B	-0.05%
ITGR	B	-0.05%
HESM	B	-0.05%
VTOL	B	-0.05%
EZPW	A	-0.05%
AZZ	B	-0.05%
WSR	A	-0.05%
SBSI	B	-0.05%
CNK	B	-0.05%
TASK	C	-0.05%
UPBD	B	-0.05%
ALG	B	-0.05%
CE	F	-0.05%
NX	C	-0.05%
WHD	B	-0.05%
OII	B	-0.05%
ALKT	B	-0.05%
VBTX	B	-0.05%
AROC	B	-0.05%
TRN	C	-0.05%
APLD	A	-0.05%
THRY	F	-0.04%
BRY	F	-0.04%
DIOD	D	-0.04%
CVI	F	-0.04%
TSHA	C	-0.04%
CSTL	D	-0.04%
VITL	D	-0.04%
HUN	F	-0.04%
WLK	D	-0.04%
SLAB	D	-0.04%
PARR	D	-0.04%
FOR	F	-0.04%
EGY	D	-0.04%
NR	B	-0.04%
NOV	C	-0.04%
AESI	B	-0.04%
LXRX	F	-0.03%
ETWO	F	-0.03%
SVRA	D	-0.03%
CRUS	D	-0.03%
AMN	F	-0.03%
APPS	F	-0.02%
NOVA	F	-0.01%