AWEG vs. WBIF ETF Comparison

Comparison of Alger Weatherbie Enduring Growth ETF (AWEG) to WBI Large Cap Tactical Value Shares (WBIF)

AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.60

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WBIF

WBI Large Cap Tactical Value Shares

WBIF Description

The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display an attractive discount in a company's intrinsic value relative to its market price, and up to 20% of its net assets in other tactical investment opportunities.

Grade (RS Rating)

Last Trade

$29.06

Average Daily Volume

1,535

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	AWEG	WBIF
30 Days	-0.29%	-2.02%
60 Days	1.22%	-0.13%
90 Days	2.16%	-3.60%
12 Months	15.89%	2.76%

0 Overlapping Holdings

	Symbol	Grade	Weight in AWEG	Weight in WBIF	Overlap

AWEG Overweight 9 Positions Relative to WBIF

Symbol	Grade	Weight
TDG	D	11.24%
CWST	B	7.91%
GKOS	A	4.79%
WCN	B	4.75%
VERX	B	4.17%
PCTY	F	4.11%
SPSC	B	3.86%
PI	C	3.85%
STEP	B	3.75%

AWEG Underweight 25 Positions Relative to WBIF

Symbol	Grade	Weight
LRCX	B	-5.51%
USHY	A	-5.04%
TW	C	-4.44%
BR	B	-4.28%
UHS	C	-4.26%
DKS	C	-4.24%
INTU	A	-4.21%
RGA	C	-4.09%
BX	C	-4.09%
AAPL	A	-4.02%
CRBG	C	-4.0%
CHD	C	-3.99%
HIG	C	-3.94%
FIX	D	-3.93%
ADP	D	-3.93%
VOYA	D	-3.9%
PHM	D	-3.89%
DECK	C	-3.81%
PAYX	D	-3.76%
META	A	-3.71%
QCOM	B	-3.5%
PANW	B	-2.98%
V	C	-2.59%
AFL	B	-1.02%
RJF	D	-0.93%