BEEZ vs. DIVS ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to SmartETFs Dividend Builder ETF (DIVS)

BEEZ

Honeytree U.S. Equity ETF

BEEZ Description

The fund is an actively managed exchange-traded fund ("ETF") sub-advised by Honeytree Investment Management Ltd. (the "Sub-Adviser"). The fund does not seek to replicate the performance of a specified index. The fund seeks to achieve its investment objective by investing at least 80% of the fund"s net assets, plus borrowings for investment purposes in a concentrated portfolio of large-cap and mid-cap U.S. listed equity stocks.

Grade (RS Rating)

Last Trade

$32.33

Average Daily Volume

565

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVS

SmartETFs Dividend Builder ETF

DIVS Description

The investment seeks a moderate level of current income and consistent dividend growth at a rate that exceeds inflation. The fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded equity securities in dividend-paying companies that the Adviser believes have the ability to consistently increase their dividend payments over the medium term (three to five years). Equity Securities may include common stocks, preferred stocks, securities convertible into common stocks, rights and warrants.

Grade (RS Rating)

Last Trade

$29.04

Average Daily Volume

2,455

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	DIVS
30 Days	-1.87%	-3.78%
60 Days	0.78%	-2.51%
90 Days	4.96%	1.23%
12 Months	25.04%	19.11%

2 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in DIVS	Overlap
	ITW	B	3.98%	3.05%	3.05%
	TXN	C	3.78%	2.71%	2.71%

BEEZ Overweight 23 Positions Relative to DIVS

Symbol	Grade	Weight
INTU	A	4.17%
HD	A	4.13%
ACN	C	4.11%
COST	B	4.1%
NOW	B	4.09%
CMI	A	4.08%
EW	C	4.07%
ZTS	D	4.05%
V	A	4.04%
FAST	B	4.03%
ATR	B	4.02%
WTS	A	4.02%
MA	A	4.01%
SHW	B	3.99%
EQIX	B	3.98%
APD	A	3.97%
TMO	D	3.92%
AMT	D	3.91%
A	D	3.9%
MAS	D	3.87%
TSCO	D	3.86%
LRCX	F	3.76%
OLED	F	3.72%

BEEZ Underweight 22 Positions Relative to DIVS

Symbol	Grade	Weight
AFL	C	-3.37%
CSCO	B	-3.32%
AJG	A	-3.3%
BLK	A	-3.29%
TSM	B	-3.19%
AVGO	C	-3.17%
EMR	A	-3.04%
PAYX	B	-3.04%
MDT	D	-2.88%
UL	D	-2.85%
ETN	A	-2.84%
JNJ	D	-2.84%
ABBV	F	-2.83%
MSFT	D	-2.83%
OTIS	D	-2.79%
ABBV	F	-2.78%
CME	A	-2.75%
PG	C	-2.73%
MDLZ	F	-2.55%
PEP	F	-2.46%
DEO	F	-2.41%
KO	D	-2.41%