ARKX vs. TOLL ETF Comparison

Comparison of ARK Space Exploration & Innovation ETF (ARKX) to Tema ETF Trust Tema Monopolies and Oligopolies ETF (TOLL)

ARKX

ARK Space Exploration & Innovation ETF

ARKX Description

The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.

Grade (RS Rating)

Last Trade

$15.22

Average Daily Volume

41,736

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TOLL

Tema ETF Trust Tema Monopolies and Oligopolies ETF

TOLL Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks of publicly listed companies where the Herfindahl"Hirschman (HHI) index of the market of operation representing more than 50% of the company"s revenue is above 2,500. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.52

Average Daily Volume

2,449

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKX	TOLL
30 Days	4.60%	2.25%
60 Days	-1.55%	4.58%
90 Days	0.79%	5.75%
12 Months	7.56%	30.42%

1 Overlapping Holdings

	Symbol	Grade	Weight in ARKX	Weight in TOLL	Overlap
	TER	D	7.48%	3.5%	3.5%

ARKX Overweight 25 Positions Relative to TOLL

Symbol	Grade	Weight
IRDM	D	9.38%
KTOS	B	9.31%
AVAV	D	7.59%
TRMB	C	6.29%
LHX	C	5.64%
RKLB	B	4.55%
AMZN	C	4.0%
ACHR	F	3.02%
BLDE	D	2.95%
GRMN	D	2.9%
PLTR	B	2.82%
DE	B	2.78%
JOBY	D	2.27%
GOOG	D	2.19%
PRNT	D	2.17%
HEI	A	1.76%
LMT	B	1.71%
HON	D	1.51%
TDY	B	1.45%
PATH	D	1.35%
SNPS	D	1.26%
ANSS	D	1.12%
DDD	F	0.28%
OSPN	B	0.24%
MYNA	F	0.11%

ARKX Underweight 9 Positions Relative to TOLL

Symbol	Grade	Weight
MCO	B	-5.9%
GE	A	-5.83%
ICE	B	-5.55%
V	A	-4.69%
SPGI	A	-4.57%
FICO	A	-4.17%
SHW	A	-4.03%
TYL	B	-3.45%
EFX	B	-3.36%