BUSA vs. UPGD ETF Comparison

Comparison of Brandes U.S. Value ETF (BUSA) to Invesco Bloomberg Analyst Rating Improvers ETF (UPGD)

BUSA

Brandes U.S. Value ETF

BUSA Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes), measured at the time of purchase, in securities of U.S. companies.

Grade (RS Rating)

Last Trade

$33.34

Average Daily Volume

24,976

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UPGD

Invesco Bloomberg Analyst Rating Improvers ETF

UPGD Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The index provider compiles, maintains and calculates the new underlying index, which is comprised of equity securities with the most improved Consensus Ratings based on data from Bloomberg Analyst Recommendations ("ANR"), an affiliate of the index provider.

Grade (RS Rating)

Last Trade

$73.97

Average Daily Volume

1,708

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BUSA	UPGD
30 Days	3.82%	3.42%
60 Days	5.79%	4.83%
90 Days	5.90%	5.85%
12 Months	28.77%	33.71%

2 Overlapping Holdings

	Symbol	Grade	Weight in BUSA	Weight in UPGD	Overlap
	CAH	B	1.57%	2.09%	1.57%
	CTSH	B	2.06%	1.91%	1.91%

BUSA Overweight 53 Positions Relative to UPGD

Symbol	Grade	Weight
FI	A	3.53%
CVX	A	3.36%
MCK	A	3.11%
WFC	A	2.9%
BAC	A	2.86%
FLEX	B	2.58%
PNC	B	2.57%
CMCSA	B	2.48%
GOOG	C	2.41%
WTW	B	2.4%
C	A	2.38%
DOX	D	2.34%
CI	D	2.26%
FDX	B	2.24%
JPM	A	2.2%
CTVA	C	2.18%
HAL	C	2.11%
EMR	B	2.1%
TXT	D	2.05%
OMC	C	2.04%
SSNC	B	2.02%
SNY	F	1.96%
PFE	F	1.95%
BK	A	1.95%
MRK	D	1.92%
WRB	A	1.91%
JNJ	C	1.77%
INGR	C	1.69%
HCA	F	1.68%
AIG	B	1.61%
ETR	B	1.55%
KVUE	A	1.53%
LH	B	1.49%
ACGL	C	1.44%
AZO	C	1.43%
MU	D	1.31%
STT	B	1.28%
CVS	D	1.19%
LKQ	F	1.15%
WKC	C	1.09%
KNX	C	1.08%
TFC	A	1.08%
CSCO	B	1.06%
OMF	A	1.02%
GTES	A	1.01%
SLB	C	0.99%
BRK.A	B	0.98%
SYY	D	0.96%
GD	D	0.91%
JCI	B	0.87%
MHK	D	0.83%
OTEX	F	0.54%
QRVO	F	0.5%

BUSA Underweight 46 Positions Relative to UPGD

Symbol	Grade	Weight
PLTR	B	-3.59%
TOST	B	-3.14%
CVNA	B	-2.98%
KMI	A	-2.53%
RL	C	-2.33%
IP	A	-2.28%
T	A	-2.24%
EPAM	B	-2.22%
PCAR	B	-2.22%
XEL	A	-2.22%
INTC	C	-2.21%
CLX	A	-2.14%
SNAP	D	-2.12%
CHRW	B	-2.08%
CHD	A	-2.05%
CARR	C	-2.03%
HSIC	C	-2.02%
DGX	A	-2.02%
HPQ	B	-2.02%
ODFL	C	-2.01%
EBAY	D	-2.0%
SHW	B	-2.0%
VZ	C	-1.96%
BBY	D	-1.95%
TSN	B	-1.94%
SO	C	-1.92%
MMM	D	-1.92%
ECL	D	-1.9%
EIX	B	-1.9%
NOC	D	-1.84%
LMT	D	-1.83%
BALL	F	-1.81%
KMB	C	-1.79%
KMX	B	-1.78%
AMCR	C	-1.77%
STX	C	-1.77%
MOS	F	-1.76%
SJM	D	-1.74%
HRL	D	-1.73%
KHC	F	-1.67%
LYB	F	-1.64%
CPB	D	-1.64%
TFX	F	-1.56%
SIRI	C	-1.46%
HII	F	-1.38%
DG	F	-1.19%