BEEZ vs. MBCC ETF Comparison

Comparison of Honeytree U.S. Equity ETF (BEEZ) to Monarch Blue Chips Core ETF (MBCC)

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

$33.29

Average Daily Volume

476

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MBCC

Monarch Blue Chips Core ETF

MBCC Description

The investment seeks to replicate investment results that generally correspond, before fees and expenses, to the performance of the Kingsview Blue Chips Core Index. The fund generally invests at least 80% of its total assets in the component securities of the index. The index consists of established, well-recognized companies listed on the S&P 500 from a broad range of industries that demonstrate strength in the marketplace based on fundamental company data such as revenue, revenue growth, net income, and net income growth.

Grade (RS Rating)

Last Trade

$35.85

Average Daily Volume

17,430

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BEEZ	MBCC
30 Days	3.23%	3.85%
60 Days	2.36%	3.05%
90 Days	6.79%	6.60%
12 Months	26.60%	27.65%

6 Overlapping Holdings

Symbol	Grade	Weight in BEEZ	Weight in MBCC	Overlap
AMT	D	4.1%	3.54%	3.54%
COST	A	4.15%	4.1%	4.1%
MA	A	4.02%	4.35%	4.02%
TMO	F	3.78%	3.37%	3.37%
TXN	D	3.72%	3.79%	3.72%
V	A	4.09%	4.52%	4.09%

BEEZ Overweight 19 Positions Relative to MBCC

Symbol	Grade	Weight
EW	C	4.33%
APD	A	4.24%
EQIX	A	4.13%
CMI	A	4.1%
HD	B	4.1%
ZTS	F	4.09%
NOW	A	4.08%
ACN	B	4.04%
FAST	A	4.02%
WTS	B	4.02%
ITW	A	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%
OLED	F	3.75%
LRCX	D	3.64%

BEEZ Underweight 18 Positions Relative to MBCC

Symbol	Grade	Weight
ORCL	B	-5.25%
CRM	B	-5.19%
BKNG	A	-5.14%
DIS	B	-5.14%
NVDA	C	-4.8%
NFLX	B	-4.74%
AMZN	B	-4.58%
META	D	-4.29%
GE	C	-4.09%
MCD	D	-4.09%
MSFT	C	-4.01%
BRK.A	B	-3.99%
NKE	F	-3.71%
ADBE	C	-3.54%
DHR	D	-3.45%
AMGN	F	-3.43%
MRK	D	-3.28%
LLY	D	-3.13%