ARVR vs. ITAN ETF Comparison

Comparison of First Trust Indxx Metaverse ETF (ARVR) to Sparkline Intangible Value ETF (ITAN)
ARVR

First Trust Indxx Metaverse ETF

ARVR Description

The investment seeks to provide investment results that, before fees and expenses, track the price return performance of the EQM Tactile AR/VR Virtual Technology Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are expected to benefit from the increased adoption of augmented reality ("AR") and virtual reality ("VR") technologies. The fund will concentrate its investments in a particular industry or group of industries to approximately the same extent that the index concentrates in an industry or group of industries. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.67

Average Daily Volume

1,681

Number of Holdings *

23

* 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 (“ETF”). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the “Sub-Adviser”) believes are attractive relative to its proprietary measure of “intangible-augmented intrinsic value.” The fund’s 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

$32.32

Average Daily Volume

1,878

Number of Holdings *

151

* may have additional holdings in another (foreign) market
Performance
Period ARVR ITAN
30 Days 4.17% 5.34%
60 Days 5.22% 7.33%
90 Days 5.43% 9.71%
12 Months 18.55% 31.35%
7 Overlapping Holdings
Symbol Grade Weight in ARVR Weight in ITAN Overlap
EA A 3.52% 0.55% 0.55%
INTC D 3.25% 1.25% 1.25%
META D 2.94% 2.91% 2.91%
QCOM F 2.95% 1.53% 1.53%
SNAP C 3.08% 0.5% 0.5%
U C 1.01% 0.29% 0.29%
ZM B 3.55% 0.51% 0.51%
ARVR Overweight 16 Positions Relative to ITAN
Symbol Grade Weight
RBLX C 3.79%
TTWO A 3.58%
NFLX A 3.49%
APH A 3.38%
NVDA C 3.26%
TSM B 3.1%
ADBE C 3.1%
MSFT F 3.09%
TXN C 3.08%
AAPL C 3.04%
SNPS B 3.03%
SONY B 2.98%
MU D 2.82%
AMD F 2.54%
MCHP D 2.52%
TDOC C 1.18%
ARVR Underweight 144 Positions Relative to ITAN
Symbol Grade Weight
AMZN C -4.72%
ORCL B -2.38%
GOOG C -2.11%
GOOGL C -2.11%
CRM B -2.09%
CSCO B -1.77%
IBM C -1.76%
T A -1.63%
ACN C -1.58%
WFC A -1.56%
TMUS B -1.43%
VZ C -1.36%
PFE D -1.32%
DIS B -1.25%
RTX C -1.22%
HON B -1.21%
MDT D -1.15%
DELL C -1.13%
PYPL B -1.09%
COF B -1.08%
CMCSA B -1.07%
BMY B -1.04%
BA F -1.03%
GM B -0.97%
CVS D -0.96%
SQ B -0.94%
GILD C -0.9%
PANW C -0.89%
NOC D -0.88%
MMM D -0.88%
FDX B -0.86%
CMI A -0.85%
TGT F -0.83%
F C -0.81%
CTSH B -0.77%
UAL A -0.76%
HPQ B -0.74%
ALL A -0.74%
CHTR C -0.71%
DASH A -0.71%
LHX C -0.71%
BDX F -0.69%
JCI C -0.68%
NXPI D -0.67%
WDAY B -0.67%
EBAY D -0.66%
NTAP C -0.64%
GD F -0.64%
ADSK A -0.64%
HPE B -0.63%
DAL C -0.61%
GLW B -0.6%
EXPE B -0.59%
CVNA B -0.58%
HUM C -0.56%
CNC D -0.56%
WBD C -0.55%
WDC D -0.55%
PRU A -0.54%
CAH B -0.52%
DOCU A -0.52%
KR B -0.51%
VTRS A -0.51%
ZS C -0.5%
ILMN D -0.5%
TWLO A -0.49%
NTNX A -0.48%
LDOS C -0.47%
FFIV B -0.46%
DD D -0.45%
ROK B -0.45%
BBY D -0.45%
ZBRA B -0.45%
BAX D -0.45%
DGX A -0.44%
LH C -0.44%
TRMB B -0.43%
IQV D -0.43%
OKTA C -0.42%
ACM A -0.42%
J F -0.41%
PSTG D -0.4%
BIIB F -0.4%
AAL B -0.4%
JNPR F -0.4%
BAH F -0.4%
CIEN B -0.39%
DVA B -0.38%
EXAS D -0.38%
TPR B -0.38%
LMT D -0.38%
JLL D -0.37%
ROKU D -0.37%
DBX B -0.37%
JBL B -0.37%
LYFT C -0.36%
IP B -0.36%
EMN D -0.35%
CACI D -0.35%
NWSA B -0.34%
AKAM D -0.33%
SWKS F -0.33%
TRU D -0.33%
LUMN C -0.32%
ALLY C -0.32%
ACI C -0.31%
JAZZ B -0.3%
TAP C -0.3%
ELAN D -0.29%
SWK D -0.29%
TXT D -0.29%
PARA C -0.28%
ANF C -0.28%
ETSY D -0.28%
G B -0.28%
W F -0.28%
WBA F -0.27%
MASI A -0.27%
WHR B -0.27%
BOX B -0.26%
HAS D -0.26%
FAF A -0.26%
BIO D -0.25%
ALK C -0.25%
MTCH D -0.24%
FLS B -0.24%
MAT D -0.24%
IVZ B -0.24%
GAP C -0.23%
RIVN F -0.23%
NOV C -0.23%
UAA C -0.23%
PATH C -0.23%
DOX D -0.23%
ARW D -0.23%
RHI B -0.22%
BWA D -0.22%
HRB D -0.21%
AGCO D -0.2%
HOG D -0.2%
QRVO F -0.2%
M D -0.16%
RUN F -0.14%
XRAY F -0.14%
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