APUE vs. IWB ETF Comparison

Comparison of Trust for Professional Managers ActivePassive U.S. Equity ETF (APUE) to iShares Russell 1000 ETF (IWB)

APUE

Trust for Professional Managers ActivePassive U.S. Equity ETF

APUE Description

The fund is an actively-managed exchange-traded fund ("ETF") that blends active and passive investment strategies to optimize costs, tracking and potential return over the fund"s benchmark index, the CRSP U.S. Total Market Index. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies included in the benchmark index.

Grade (RS Rating)

Last Trade

$34.82

Average Daily Volume

105,555

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IWB

iShares Russell 1000 ETF

IWB Description

The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 1000Â® Index (the "underlying index"), which measures the performance of large- and mid-capitalization sectors of the U.S. equity market.

Grade (RS Rating)

Last Trade

$310.63

Average Daily Volume

895,020

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	APUE	IWB
30 Days	0.81%	1.23%
60 Days	6.64%	7.24%
90 Days	3.53%	3.84%
12 Months	36.30%	36.36%

8 Overlapping Holdings

Symbol	Grade	Weight in APUE	Weight in IWB	Overlap
AAPL	C	5.97%	6.41%	5.97%
AMZN	C	3.06%	3.19%	3.06%
BRK.A	C	1.97%	1.68%	1.68%
GOOG	B	1.58%	1.56%	1.56%
GOOGL	B	1.93%	1.85%	1.85%
META	A	2.19%	2.2%	2.19%
MSFT	D	5.64%	5.97%	5.64%
NVDA	C	5.12%	5.46%	5.12%

APUE Overweight 2 Positions Relative to IWB

	Symbol	Grade	Weight
	DFAS	C	4.7%
	JPM	D	1.51%

APUE Underweight 2 Positions Relative to IWB

	Symbol	Grade	Weight
	LLY	D	-1.57%
	AVGO	C	-1.42%