CAPE vs. DARP ETF Comparison

Comparison of DoubleLine Shiller CAPE U.S. Equities ETF (CAPE) to Grizzle Growth ETF (DARP)

CAPE

DoubleLine Shiller CAPE U.S. Equities ETF

CAPE Description

The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500®.

Grade (RS Rating)

Last Trade

$31.52

Average Daily Volume

28,710

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DARP

Grizzle Growth ETF

DARP Description

The fund is an actively managed exchange-traded fund ("ETF") that invests primarily in equity securities of companies, with a focus on growth, innovation and disruption. The fund seeks to identify future leaders in the following overarching key growth themes including, but not limited to: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.26

Average Daily Volume

1,075

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	CAPE	DARP
30 Days	6.57%	0.93%
60 Days	6.80%	8.42%
90 Days	9.18%	6.94%
12 Months	27.17%	30.00%

2 Overlapping Holdings

	Symbol	Grade	Weight in CAPE	Weight in DARP	Overlap
	GOOGL	C	2.69%	6.01%	2.69%
	META	D	5.54%	5.4%	5.4%

CAPE Overweight 8 Positions Relative to DARP

Symbol	Grade	Weight
BRK.A	B	3.17%
PG	A	3.07%
COST	B	2.95%
WMT	A	2.59%
JPM	A	2.26%
GOOG	C	2.23%
KO	D	2.09%
PLD	D	2.02%

CAPE Underweight 22 Positions Relative to DARP

Symbol	Grade	Weight
NVDA	C	-21.66%
MSFT	F	-7.71%
AAPL	C	-7.16%
MU	D	-5.14%
AMZN	C	-4.21%
TSM	B	-3.45%
RRC	B	-2.96%
TSLA	B	-2.9%
ASML	F	-2.82%
VRT	B	-2.76%
NEE	D	-2.2%
TWLO	A	-1.53%
AR	B	-1.51%
TTD	B	-1.3%
CIFR	B	-1.02%
ABNB	C	-0.99%
TT	A	-0.91%
EU	D	-0.89%
AMAT	F	-0.87%
BTBT	C	-0.86%
PANW	C	-0.52%
CMPS	F	-0.37%