BEEZ vs. ITB ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to iShares U.S. Home Construction ETF (ITB)

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

$32.83

Average Daily Volume

586

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ITB

iShares U.S. Home Construction ETF

ITB Description

The investment seeks to track the investment results of an index composed of U.S. equities in the home construction 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 Home Construction Index (the "underlying index"), which measures the performance of the home construction sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$118.68

Average Daily Volume

1,629,710

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	ITB
30 Days	-1.30%	-5.90%
60 Days	0.44%	-6.35%
90 Days	4.26%	-0.43%
12 Months	23.42%	37.10%

3 Overlapping Holdings

Symbol	Grade	Weight in BEEZ	Weight in ITB	Overlap
HD	C	4.13%	4.95%	4.13%
MAS	D	3.87%	2.4%	2.4%
SHW	C	3.99%	4.53%	3.99%

BEEZ Overweight 22 Positions Relative to ITB

Symbol	Grade	Weight
INTU	B	4.17%
ACN	B	4.11%
COST	A	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	B	4.02%
MA	B	4.01%
EQIX	A	3.98%
ITW	B	3.98%
APD	A	3.97%
TMO	D	3.92%
AMT	D	3.91%
A	F	3.9%
TSCO	D	3.86%
TXN	C	3.78%
LRCX	F	3.76%
OLED	F	3.72%

BEEZ Underweight 41 Positions Relative to ITB

Symbol	Grade	Weight
DHI	D	-13.56%
LEN	D	-11.62%
NVR	D	-7.85%
PHM	D	-7.6%
LOW	C	-4.73%
TOL	B	-4.44%
BLDR	F	-3.01%
BLD	F	-2.99%
LII	A	-2.89%
OC	A	-2.44%
TMHC	C	-2.06%
MTH	D	-1.84%
KBH	D	-1.6%
FND	D	-1.54%
SKY	A	-1.49%
EXP	B	-1.46%
IBP	D	-1.37%
FBIN	D	-1.32%
MHO	D	-1.22%
UFPI	C	-1.13%
CVCO	A	-1.11%
TPH	D	-1.11%
SSD	D	-1.09%
TREX	C	-1.06%
MHK	D	-1.03%
BECN	B	-0.98%
AZEK	B	-0.97%
CCS	F	-0.67%
LGIH	F	-0.6%
GRBK	D	-0.6%
LEN	D	-0.51%
HAYW	B	-0.33%
MBC	F	-0.3%
BZH	C	-0.26%
DFH	F	-0.22%
LEG	F	-0.22%
AMWD	B	-0.21%
NX	C	-0.2%
JELD	F	-0.12%
ETD	D	-0.1%
ARHS	D	-0.07%