BEEZ vs. IHI ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to iShares U.S. Medical Devices ETF (IHI)

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

$33.02

Average Daily Volume

597

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IHI

iShares U.S. Medical Devices ETF

IHI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the medical devices sector. 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 Dow Jones U.S. Select Medical Equipment Index (the "underlying index"), which measures the performance of the medical equipment sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$60.35

Average Daily Volume

474,243

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	IHI
30 Days	1.81%	1.53%
60 Days	2.14%	1.70%
90 Days	5.66%	3.82%
12 Months	25.81%	21.31%

1 Overlapping Holdings

	Symbol	Grade	Weight in BEEZ	Weight in IHI	Overlap
	EW	C	4.33%	4.42%	4.33%

BEEZ Overweight 24 Positions Relative to IHI

Symbol	Grade	Weight
APD	A	4.24%
COST	B	4.15%
EQIX	A	4.13%
CMI	A	4.1%
AMT	D	4.1%
HD	A	4.1%
V	A	4.09%
ZTS	D	4.09%
NOW	A	4.08%
ACN	C	4.04%
FAST	B	4.02%
MA	C	4.02%
WTS	B	4.02%
ITW	B	3.96%
ATR	B	3.93%
INTU	C	3.92%
SHW	A	3.9%
MAS	D	3.84%
TSCO	D	3.81%
A	D	3.8%
TMO	F	3.78%
OLED	D	3.75%
TXN	C	3.72%
LRCX	F	3.64%

BEEZ Underweight 47 Positions Relative to IHI

Symbol	Grade	Weight
ABT	B	-16.82%
ISRG	A	-15.61%
SYK	C	-11.15%
BSX	B	-4.67%
GEHC	F	-4.38%
MDT	D	-4.31%
BDX	F	-4.29%
RMD	C	-4.04%
IDXX	F	-3.82%
DXCM	D	-3.56%
ZBH	C	-2.69%
STE	F	-2.54%
PODD	C	-2.14%
HOLX	D	-2.14%
BAX	D	-1.91%
PEN	B	-1.08%
GMED	A	-1.07%
TFX	F	-1.06%
GKOS	B	-0.89%
MASI	A	-0.83%
INSP	D	-0.6%
PRCT	B	-0.54%
ITGR	B	-0.52%
AXNX	C	-0.42%
NVST	B	-0.41%
LIVN	F	-0.33%
TMDX	F	-0.31%
NARI	C	-0.3%
ENOV	C	-0.3%
IRTC	D	-0.29%
CNMD	C	-0.26%
QDEL	F	-0.25%
OMCL	C	-0.25%
LMAT	A	-0.24%
TNDM	F	-0.21%
ATRC	C	-0.2%
NVCR	C	-0.19%
IART	C	-0.18%
AORT	B	-0.12%
ATEC	C	-0.1%
OFIX	B	-0.08%
AXGN	D	-0.07%
VREX	C	-0.07%
SIBN	F	-0.06%
SRDX	B	-0.06%
FNA	C	-0.05%
TMCI	D	-0.04%

IHI: Top Represented Industries & Keywords

Industries: Medical Devices Medical Instruments & Supplies Diagnostics & Research Diversified Industrials Health Information Services Health Information Services